Mining News Releases

Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products

Mon, 15 Feb 2016 00:00:00 -0500

Effective March 1, 2016, or as contracts permit, Air Products (NYSE: APD) will increase product pricing and monthly service charges for merchant customers in North America. The pricing adjustments include increases of:

Up to 20% for liquid argon
Up to 15% for liquid and bulk hydrogen
Up to 10% for liquid oxygen, liquid nitrogen, liquid and bulk helium, and liquid carbon dioxide

Some price adjustments may be outside of these ranges based on specific situations.

These adjustments are in response to the cost impact associated with the significant slowdown in the steel market, and increasing operational and delivery costs associated with specific regional supply and demand imbalances in order to meet customer needs. In addition to covering increases in operating expenses, Air Products continues to make significant investments aimed at improving the reliability, security, safety, and the efficiency of its operations.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2015.

Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products

Mon, 15 Sep 2014 00:00:00 -0400

Effective October 1, 2014, or as contracts permit, Air Products (NYSE: APD) will increase product pricing and monthly service charges for merchant customers in North America. The pricing adjustments include increases of:

Up to 15% for liquid oxygen, liquid nitrogen, liquid and bulk hydrogen, helium and bulk carbon monoxide
Up to 20% for liquid carbon dioxide
Up to 25% for liquid argon

Some price adjustments may be outside of these ranges based on other specific situations.

The price adjustments are in response to several factors including supply and demand imbalances which drive-up production and product distribution costs, increases in operating expenses for natural gas and electrical power, plant maintenance, and employee labor and benefits. Additionally, Air Products continues to make significant investment in infrastructure, technologies, and productivity programs aimed at improving the reliability, safety, and cost efficiency of its operations.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2013.

Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products

Mon, 16 Sep 2013 00:00:00 -0400

Effective October 1, 2013, or as contracts permit, Air Products (NYSE: APD) will increase product pricing and monthly charges for merchant customers in North America. The pricing adjustments include increases of:

Up to 12% for liquid oxygen, liquid nitrogen, and liquid carbon dioxide.
Up to 20% for liquid argon, liquid and bulk hydrogen, and bulk carbon monoxide.
Liquid and bulk helium pricing adjustments will be determined on a contract by contract basis.

Some price adjustments may be outside of these ranges based on other specific situations.

The revised prices are in response to various factors, including supply and demand imbalances, that are driving up production and delivery costs, and increases in operating expenses such as employee labor and benefits, natural gas and energy, and maintenance. Air Products continues to make significant investments in infrastructure, technologies, and productivity programs aimed at improving the reliability, safety, and cost efficiency of its operations.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2012.

Air Products’ INDURA to Invest In New Capacity in Chile

Tue, 28 May 2013 00:00:00 -0400

Air Products (NYSE:APD) today announced that INDURA, its South American joint venture, will build a new plant in Antofagasta, Chile, as well as expand the capacity of its Graneros plant, south of Santiago.

These new investments will meet the increasing demand for industrial gases in the northern and central regions of Chile, driven largely by the mining, metal fabrication and food industries.

"With this new plant in Antofagasta and expansion in Graneros, we are investing in the right places to serve the industries that continue to grow and depend on the safe and reliable supply of our products for their processes,” said Mike Olivares, vice president and general manager, Latin America for Air Products.

Antofagasta's new plant will produce oxygen, nitrogen and argon. Its construction and the Graneros expansion will mean an investment of more than $15 million.

The new capacity follows the opening of a new plant in Puerto Varas, Chile, in 2012, to support local industries, including the growing aquaculture market.

Indura has annual sales of $478 million/CLP 244 billion. Its integrated gas and retail business includes liquid bulk, small on-sites and packaged gases. In July 2012, Air Products purchased a majority stake in Indura, complementing its existing interests in Latin America, through its wholly-owned businesses in Brazil and Argentina and its joint venture, Grupo Infra, headquartered in Mexico.

About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 20,000 employees in over 50 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air Products had sales approaching $10 billion. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2012.

Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products

Tue, 16 Apr 2013 00:00:00 -0400

Effective, May 1, 2013, or as contracts permit, Air Products (NYSE: APD) will increase product pricing and monthly charges for merchant customers in North America. The pricing adjustments include increases of up to 10% for liquid argon, liquid oxygen, liquid nitrogen, liquid and bulk hydrogen, bulk carbon monoxide, and liquid carbon dioxide. Some price adjustments may be outside of these ranges based on other specific situations.

The revised prices are in response to various supply and demand product imbalances which have led to increased costs in nearly every aspect of producing and delivering industrial gases. Additionally, Air Products has been impacted by higher energy costs from utility companies and higher distribution costs.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2012.

Air Products’ ASUs are Gold to PVDC in Dominican Republic

Mon, 04 Mar 2013 00:00:00 -0500

Air Products’ (NYSE: APD) air separation unit (ASU) technology is now onstream at what is the largest pressure oxidation (POX) gold production facility in the world located in Pueblo Viejo, Dominican Republic. Air Products worked closely with Hatch Ltd and Pueblo Viejo Dominicana Corporation (PVDC) on this sale of equipment to design a plant incorporating two Air Products 2,000 tonne per day (TPD) cryogenic oxygen units in order to satisfy the complex operating requirements of PVDC’s advanced pressure oxidation technology used for gold extraction at the facility.

The combined 4,000 TPD stand-alone ASUs make up the largest single-site oxygen requirement for a POX application in the mining industry. The Pueblo Viejo site is reportedly one of the world’s largest new gold assets and has a more than 30 year projected mine life with potential gold reserves of over 25 million ounces. This is the second set of oxygen plants Air Products has supplied into the Dominican Republic for gold extraction in the last few years.

“This project required a real team approach during all phases to make it successful. We requested that the engineering design of the ASUs focus on energy efficiency with the ability to operate in a challenging location and environment. The autoclave plant requires oxygen to operate, so the need to have a reliable oxygen supply to meet the needs of this plant consistently is very important,” said Kevin Fraser, director Autoclave Technology at Hatch.

“Air Products was honored to be selected by PVDC for this project. The mining industry is a strategic focus for Air Products. We work to understand the nature of each project requirement from an end–customer’s perspective, in this case PVDC, as well as from the perspective of engineering firms such as Hatch. Delivering plants, services, and products that exceed customer expectations is a value that is widely embraced throughout our company,” said Steve Jones, senior vice president and general manager, Tonnage Gases, Equipment and Energy at Air Products.

Jones added that Air Products has a full range of products and services to meet mining customer needs including industrial gases supply, operating and maintenance services for gases plants, merchant gas supply where available, and amines for flotation requirements.

In addition to the equipment sale, Air Products also helped provide training for the local PVDC operations team through its Customer Plant Support after-market services group. PVDC is a joint venture of Barrick Gold Corporation (60%), the top gold producer in the world, and Goldcorp Inc (40%), one of the world’s fastest growing senior gold producers. Air Products worked with Barrick and as a subcontractor to Hatch in the design, building and commissioning of the facility’s equipment.

Air Products currently owns and operates over 300 air separation plants in over 40 countries worldwide in all types of applications. In addition to its plants, the company has sold, designed, and built more than 2,000 air separation plants globally. Air Products’ cryogenic offerings span from plants with a capability of 50 TPD, to single train facilities with oxygen production capacities beyond 4,000 TPD.

About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 20,000 employees in over 50 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air Products had sales of approaching $10 billion. For more information, visit http://www.airproducts.com.

About Hatch
Hatch is an employee-owned, multidisciplinary professional services firm that delivers a comprehensive array of technical and strategic services, including consulting, information technology, engineering, process development, and project and construction management to the Mining, Metallurgical, Energy, and Infrastructure sectors. Hatch has served clients for more than 80 years and has project experience in more than 150 countries around the world. With 11,000 people in 65 offices, the firm has more than $35 billion in projects currently under management. For more information on Hatch, visit http://www.hatch.ca/Technologies/Autoclave/default.htm.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2012.

空气产品公司赢得潞安矿业四套空分装置合同

Thu, 21 Feb 2013 00:00:00 -0500

空气产品公司(Air Products，纽约证券交易所代码：APD)，全球领先的工业气体与功能材料供应商，近日赢得其第二个全球最大现场空气分离装置供气订单，进一步稳固了公司在中国大型空分市场的领先地位。空气产品公司今日宣布已与山西潞安矿业（集团）有限公司签订一项长期协议，为潞安矿业建造并运营四套大型空分装置，其生产的氧气、氮气、压缩仪表空气及水蒸气将用于潞安矿业在山西省长治市新建的煤气化工厂的多套处理机组。

空气产品公司的四套空分装置每天可生产10000多吨氧气，6000多吨氮气以及700多吨仪表空气，预计将于2015年投入运营。

空气产品公司中国区总裁史蒂夫•琼斯（Steve Jones）表示：“我们的战略是在中国快速增长的煤气化市场赢得大型空分项目。这四套空分装置是空气产品公司有史以来签订的第二个最大的现场空分供气订单。对空气产品公司而言，这是又一个关键性的合同和重大的项目，我们将继续增进与中国主要的煤矿集团的业务关系。”

中国拥有丰富的煤炭资源，可以利用煤来生产合成气，然后把合成气转换成燃料、化工产品以及化肥。潞安矿业在长治工厂的煤制油项目将主要生产柴油和石脑油。

空气产品公司的空气分离机组将采用改进设计，通过提高能源效率而使运营成本最小化。空气产品公司一直通过技术改进与其他提高生产力的方案，来实现公司节能减排的可持续发展整体目标。

潞安矿业董事长在与空气产品公司中国区总裁琼斯先生会见时表示：“潞安的合作理念是‘与能人携手，与巨人同行’，与空气产品公司的合作正是秉承了这种理念。今后希望双方能够更加深入地合作。”

潞安矿业的空分项目是空气产品公司在中国气化领域的第八个主要投资项目，也是第二个煤制油项目。一旦全部项目竣工完成，空气产品公司将有18个空分装置为中国的气化工厂提供大吨量级的工业气体。在建项目还包括了位于陕西榆林的授予工业气体公司的全球最大的空分装置现场供气订单。该项目包括多个空气分离装置，每天可为煤化工工厂提供12000吨氧气和大吨量级的氮气和压缩空气。这一设施将于2014年投入运营。

潞安矿业集团位列中国百强企业，是中国第八大煤炭集团。集团创建于1959年，是山西省国有煤矿企业集团。集团业务以煤为基础，并延伸至煤电、煤制焦碳，煤制油和煤化工领域。

自1987年以来，空气产品公司就已经在中国开展业务，是首批在中国投资的跨国工业气体公司。目前，公司在中国拥有40多家公司，50多处生产设施以及2800多名员工，建立了坚实的市场基础，为各行各业提供服务。

关于空气产品公司
空气产品公司（Air Products, 纽约证券交易所代码：APD）提供空分、工艺和特种气体，功能材料，相关设备及技术。70多年来，空气产品公司一直帮助客户提高生产效率和能源效益，以实现可持续性发展。拥有20000多名员工的空气产品公司，在全球50多个国家和地区开展业务，为能源、环境和新兴市场，包括半导体材料、加氢炼化、煤气化、天然气液化以及先进的涂料和粘合剂等，提供创新型的解决方案。2012财年度，空气产品公司的销售额将近100亿美元。欲获得更多信息，请登陆公司网站：www.airproducts.com。

注释：此新闻稿中可能包含1995年《私人证券诉讼改革法案》中所界定的一些前瞻性陈述。这些前瞻性陈述基于本新闻稿发布日期时管理层关于重大风险因素的预期和假设所作出。由于管理层可能没有预期到一些因素，请以实际情况为准，这些因素包括公司10K表中的风险因素，因为本财年已于2012年9月30日结束。

媒体垂询：
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联系人：常东升
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Air Products Wins Four ASU Train Contract with Lu’An Mining

Wed, 20 Feb 2013 00:00:00 -0500

Air Products’ pursuit and success in developing large air separation unit (ASU) projects in China has been bolstered with the winning of the second largest ASU onsite order ever awarded to the company for a single project. Air Products (NYSE: APD) announced today the signing of a long-term agreement with Shanxi Lu’An Mining (Group) Co., Ltd. for Air Products to build, own and operate four ASUs producing oxygen, nitrogen, compressed instrument air and steam to supply Lu’An’s multiple process trains at its coal gasification facility to be built in Changzhi City, Shanxi Province, China.

Air Products’ four ASUs will combine to supply over 10,000 tons per day (TPD) of oxygen, more than 6,000 TPD of nitrogen, and over 700 TPD of instrument air. The first of the four ASUs is targeted for onstream in July 2015. The remaining three are to be operational at one month intervals with the final ASU scheduled for commercial operation in October 2015.

“It’s been our strategy to pursue large ASU projects in the high growth China coal gasification market, and this four plant configuration represents Air Products’ second largest project ever for a single on-site order. This is another key win and important project for Air Products as we continue to grow our relationship with the major coal groups in China,” said Steve Jones, Air Products’ China president. China has significant coal reserves to produce syngas from the coal and then convert the syngas into fuel, chemicals, and fertilizers. At Lu’An’s Changzhi City facility, the coal to liquids project will produce mainly diesel fuel and derivatives. Air Products’ ASU trains will include design enhancements to minimize operating costs through energy efficiency. Technology advancements and other productivity improvements support Air Products’ overall sustainability goals of reducing energy consumption and emissions.

“At Lu’An, we strive to cooperate and grow with industry leaders like Air Products. We look forward to further cooperation between our companies," said Mr. Jinping Li, chairman of Lu’An when meeting with Jones.

The Lu’An win is Air Products’ eighth major investment supporting the gasification segment and the second supporting the coal to liquid sub-segment in China. Once all the projects under construction are completed, Air Products will have 18 ASUs supplying large tonnage quantities of industrial gases to Chinese gasification facilities. Among these projects being built by Air Products is the largest single on-site ASU ever awarded to an industrial gas company. The facility will be owned and operated by Air Products in Yulin, Shaanxi Province, China. It will include multiple ASU trains and produce 12,000 TPD of oxygen and significant tonnage volumes of nitrogen and compressed dry air for a coal chemical plant. The facility is to be commercial in 2014.

Lu’An Mining is ranked as one of China’s top 100 companies and is ranked eighth in the Chinese coal industry. Founded in 1959, Lu’An Mining is a Shanxi provincial state-owned coal mining conglomerate with coal mining as its base business and extensions into segments of coal to power, coking, liquids and chemicals.

Air Products has been operating in China since 1987 and was one of the first multinational industrial gas corporations to invest in the country. With over 40 operating entities, 50 production facilities and 2,800 employees, the company has already established a strong market position in China, serving a broad range of industries.

About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 20,000 employees in over 50 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air Products had sales of approaching $10 billion. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2012.

Air Products Supplying ASUs for Copper Smelter Project in Zambia

Tue, 06 Nov 2012 00:00:00 -0500

Air Products (NYSE: APD) today announced it has been awarded the contract to supply two oxygen plants at the site of a copper smelter being built in Zambia by Kansanshi Mining Plc. The scope of the agreement includes Air Products supply of two 750 metric ton per day oxygen plants, and all air separation unit (ASU) related equipment and design. The construction of the facility will be undertaken by Kansanshi Mining Plc, with cooperation from Air Products. The ASUs are planned to be onstream in 2014.

Air Products has oxygen plants operating at other copper mines also located in Zambia and the local expertise and work at those facilities was of benefit in winning this contract. “The basis for the design of this new plant for Kansanshi comes from the previously constructed plants. Being able to reuse the design for these cold boxes created a win-win for our client and Air Products. We were able to demonstrate that our technology offering was a competitive and proven product,” said Aled Williams, project manager for Air Products.

“This project strengthens our global position in the non-ferrous sector,” said Mark Northwood, regional sales manager - Europe, Africa and the Middle East at Air Products. “It is a typical example of Air Products drawing on its leading technical expertise to provide solutions and add value for our customers.” Air Products has had industrial gas operations in Zambia since 2001.

In 2011, Kansanshi Mining Plc, the largest copper mine in Africa, produced 230,000 tonnes of copper. Kansanshi is in the process of increasing its current production capacity by 60 percent to 400,000 tonnes by 2015. The first production from this multi-phase expansion project was realized in mid-2012.

About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 20,000 employees in over 50 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air Products had sales approaching $10 billion. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2011.

Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products

Mon, 17 Sep 2012 00:00:00 -0400

Effective, October 1, 2012, or as contracts permit, Air Products (NYSE: APD) will increase product pricing and monthly service charges for merchant customers in North America. The pricing adjustments include increases of:

Up to 10% for liquid oxygen, liquid nitrogen, liquid and bulk hydrogen and liquid carbon dioxide
Up to 20% for liquid argon and bulk carbon monoxide

Some price adjustments may be outside of these ranges based on other specific situations.

The global helium supply shortfall has caused us to address each customer price change on an individual basis.

The revised prices will offset higher operating costs and increased input costs. Air Products is taking aggressive actions internally to mitigate rising costs by reinvesting to improve efficiencies and maintain reliable supply.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2011.

Air Products Showcases Gases and Chemicals Solutions at 103rd AOCS Annual Meeting & Expo

Wed, 18 Apr 2012 00:00:00 -0400

Air Products (NYSE:APD) will be highlighting its diverse portfolio of gases and chemicals solutions that can help processors in the fats, oils, and related industries increase sustainability and process efficiency, improve safety and product quality, and help lower total operating costs at the 103rd AOCS (American Oil Chemists’ Society) Annual Meeting & Expo in Long Beach, Calif., from April 29-May 2.

Air Products will have representatives available at booth #739 to discuss the company’s experience and know-how in providing the right gas technologies and solutions for various customer applications including hydrogenation. As the world’s leading hydrogen supplier, Air Products can help optimize hydrogenation reactions and reduce costs through selection of the best supply mode and technology, and evaluation of process parameters. Featured offerings include the company’s PRISM® Hydrogen Generators and its Cryogenic Hydrogen Compressor System.

Representatives also will be available to discuss Air Products’ range of surfactants for formulating hard surface cleaners, degreasers, laundry, vehicle care, mining, and oilfield products. These novel surfactants can help customers meet their most demanding applications, environmental regulations, or those applications requiring a balance of cost and performance.

Air Products representatives will be making numerous presentations throughout the Expo. Attendees can learn how to conserve energy and hydrogen during hydrogenation by attending:

“Innovative Hydrogen Solutions”
EXH 1: Technology Showcase, 101A on April 30 at 3:45 p.m.
“Best Practices and Opportunities for Optimization and Conservation in Hydrogenation of Fats and Oils”
PRO 1: New Technology, Room 203AB on April 30 at 4:40 p.m.

Attendees also can find out how to replace solvents in their formulated products, discover how functional surfactant additives can bring value to formulated products, and learn about Air Products’ capabilities in functional testing for cleaning compounds by attending:

“Opportunities in VOC Reduction: Performance and Cost Improvements by Eliminating Solvents”
Poster Presentation from April 29-May 2
“Functional Additives for Your Applications”
S&D Networking Reception: Spotlight Seminars on April 30
“Development and Validation of Image Analysis in Degreasing Evaluation”
S&D 4.2: General Surfactants II on May 2

Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 18,000 employees in over 40 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2011, Air Products had sales of $10.1 billion. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2011.

Air Products’ India Joint Venture Investing in Three New Merchant Gases Plants; Building a Fourth Plant for Long-Term Supply to Saint Gobain Glass

Tue, 14 Dec 2010 00:00:00 -0500

Air Products (NYSE: APD)today announced that INOX Air Products Ltd., its joint venture (JV) in India, will construct three air separation units (ASU) and liquefiers for the merchant market and also will build a fourth plant for long-term industrial gas supply to Saint Gobain Glass India. The four facilities are scheduled to come on stream during 2012.

“We are the market leader in merchant industrial gases in India, and these new plants are part of our strategy to continue to provide efficient and reliable product to support the strong growth in India. The anticipated manufacturing growth is more than seven percent annually over the next five years, and the demand for industrial gases has been steadily increasing,” said Pavan K. Jain, managing director of INOX Air Products. “The investments strengthen INOX Air Products’ existing substantial presence throughout India and reinforce our supply positions which we have achieved through our strong customer focus.”

INOX Air Products will build the ASU and liquefier merchant plants to produce liquid oxygen, liquid nitrogen, and liquid argon in the states of Himachal Pradesh, Gujarat and Puducherry. All three locations have a strong manufacturing base, and these cost-effective facilities are strategically located close to the principal markets that they serve.

INOX Air Products will also build an ASU and liquefier for the merchant market and signed a long-term supply contract for nitrogen and hydrogen with Saint Gobain Glass India (SGGI). The production plants, to be located at SGGI’s facility in the state of Rajasthan, will supply nitrogen from the ASU by pipeline and hydrogen from a steam methane reformer (SMR) plant designed to meet the specific requirements of the customer. The SMR is a product offering from Air Products’ PRISM® gas generation portfolio.

“A customer-focused approach was essential in gaining our business. Reliable supply is very important to our project, and we believe INOX Air Products’ industrial gas expertise will deliver on our industrial gas needs,” said Mr. S.N. Eisenhower, director–Operations at Saint Gobain Glass India.

In adding these four new facilities, INOX Air Products’ market presence in India continues to grow. Earlier this year, the company announced a long-term contract with POSCO Maharashtra Steel Private Limited (PMSPL) to supply on-site nitrogen and hydrogen gases to its new facility in Vile Bhagad, Maharashtra, in western India. PMSPL is a subsidiary of POSCO, the world’s fourth largest steel producer by output. The nitrogen plant and the SMR are both product offerings from Air Products’ PRISM® gas generation portfolio. The plants are expected to come on stream in late 2011.

Air Products’ PRISM line of gas generation systems supply nitrogen, oxygen and hydrogen to more than 1,500 customers in over 30 countries worldwide. Air Products’ on-site hydrogen SMR offerings were enhanced by a technology acquisition in 2008 and offer flows across a wide range of requirements with highly efficient use of natural gas. Global markets currently served by Air Products entire PRISM line of gas generation systems include glass, steel, electronics and semiconductors, non-ferrous metals, metals processing, chemicals, food processing and packaging, and energy production and processing.

About Air Products

Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. For more information, visit www.airproducts.com.

About INOX Air Products Ltd.

INOX Air Products Limited is a joint venture company in which the Jain family (former owners of the Industrial Oxygen Company) and Air Products hold an equal stake. Headquartered in Mumbai, INOX Air Products is one of the largest manufacturers of industrial gases in India with 36 plants spread throughout the country and a workforce of approximately 1,200. INOX Air Products Ltd. manufactures and supplies industrial gases including oxygen, nitrogen, helium, argon, carbon dioxide, hydrogen, and specialty gas mixtures throughout India. More information can be found at www.inoxairproducts.com.

NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2010.

Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products

Thu, 16 Sep 2010 00:00:00 -0400

Effective October 1, 2010, or as contracts permit, Air Products (NYSE: APD) will increase product pricing and monthly service charges for merchant customers in North America as follows:

4-8% for liquid oxygen, liquid nitrogen, liquid argon, liquid and bulk hydrogen;
5-10% for liquid and bulk helium; and
3-5% for monthly service charges.

Some price adjustments may be outside of these ranges based on other specific situations.

The revised prices will offset higher operating costs and increased input costs. We are taking aggressive actions internally to mitigate rising costs by reinvesting to improve efficiencies and maintain reliable supply.

Helium is severely impacted by the Bureau of Land Management’s (BLM) cost increase for crude helium announced last month.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products to Build New ASU at Granite City, Illinois

Wed, 30 Jun 2010 00:00:00 -0400

Air Products (NYSE: APD) today announced the signing of a new long-term oxygen and nitrogen supply agreement, and that it will build a new air separation unit (ASU) and refurbish its existing ASU and liquefier at its facility in Granite City, Illinois. The new facility, planned to be onstream in the second quarter of 2012, will provide additional capacity for meeting both on-site customer demand for gases and merchant liquid products in the region.

“Air Products has been producing industrial gases at Granite City since the 1950s. This new investment will expand our capability to serve current customers and provide significant modernization of our operations there. It represents another step in our commitment to existing customers in that area, and strengthens Air Products’ ability to supply merchant liquid products to customers in the Midwest market,” said Wilbur Mok, vice president–Tonnage Gases North America for Air Products.

The new 500-ton-per-day ASU, planned to be onstream in 2012, in combination with the existing, refurbished ASU and liquefier, will add capability to serve both the on-site customer and the merchant market. Total argon capacity for the site will also increase as a result of this project.

Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. In fiscal 2009, Air Products had revenues of $8.3 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products

Tue, 15 Sep 2009 00:00:00 -0400

Effective October 1, 2009, or as contracts permit, Air Products (NYSE:APD) will increase pricing and monthly service charges as follows for merchant customers in North America for the following products:

liquid oxygen, liquid nitrogen, liquid argon, liquid and bulk hydrogen by 4% to 8%; and
liquid and bulk helium by 5% to 10%.

Some price adjustments may be outside of these ranges based on other specific situations.

This pricing initiative is in response to higher operating costs related to running plants with significantly lower product demand, in addition to both higher energy costs and overall increases associated with the production and distribution of merchant gas products.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Strikes Gold with Equipment Sale to Lihir

Wed, 25 Feb 2009 16:30:00 -0500

Air Products (NYSE: APD) announced today that it signed a contract to build an air separation unit (ASU) for Lihir Gold Ltd, in Papua New Guinea. The plant is situated over 500 miles from Port Moresby, capital of Papua New Guinea and will produce over 1,800 tons per day of oxygen, almost doubling the total oxygen production on the island. The oxygen is used to oxidize the ore extracted from the mine, converting sulphide minerals to sulphates to improve the recovery of gold in downstream processing.

“We are very proud to have been selected for this project. Lihir Gold Ltd required a highly efficient plant, as it’s in a remote place, making all transport of fuel very expensive,” said Dave Edmondson, engineering vice president for Air Products in Europe. “Our innovative approach to optimize value against power, coupled with our superior technical expertise has enabled us to offer the right solution for Lihir Gold Ltd.”

“We have been impressed with Air Products’ ability to listen to our requirements and translate those in a safe and reliable solution. The Air Products team worked very closely with us, which gives us the confidence that they are in a true partnership with us,” said Graham Folland, executive general manager Corporate Development at Lihir Gold.

The plant is due to be on-stream at the end of 2010.

Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of over $10 billion, operations in over 40 countries, and 21,000 employees around the globe. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

El servicio CryoEase de Carburos Metalicos una solucion para el suministro de gases

Mon, 23 Feb 2009 00:00:00 -0500

Carburos Metálicos, Grupo Air Products, cuenta con el servicio CryoEase® para el suministro de gases como el nitrógeno, oxígeno, argón o dióxido de carbono, entre otros. Gracias a este servicio se puede instalar un depósito compacto que proporciona el gas a la presión adecuada y de forma ininterrumpida, incluso durante la recarga de los depósitos.

Al utilizarse un solo depósito en vez de los habituales bloques de botellas, se consigue una reducción del espacio necesario. Por poner un ejemplo, un pequeño depósito de líquido puede contener el equivalente a 16 botellas a alta presión ocupando un espacio más reducido. Asimismo, al instalarse un sólo depósito se mejora la seguridad y eficacia, ya que el gas se canaliza directamente al punto de utilización, se evita el riesgo de contaminación cruzada al ser recipientes de uso exclusivo, y las entregas, que disminuyen respecto a las botellas, no requieren de la intervención ni manipulación por parte del cliente.

Otra de las ventajas del sistema CryoEase^® es su amplia gama de depósitos que van de los 25 a los 2.000 litros al igual que su fácil instalación. Para su ubicación normalmente no es necesaria ninguna cimentación especial, ni licencia de obra y no requiere de corriente eléctrica ni otros servicios.

Abastecimiento automático
Su abastecimiento se realiza de forma automática sin necesidad de realizar ningún pedido con un camión cisterna de Carburos Metálicos de dimensiones reducidas que acude cuando el nivel de gas en el depósito baja hasta un nivel preestablecido. Igualmente, los clientes cuentan con el asesoramiento de un profesional de la compañía en materia de selección de depósito, diseño del sistema de gas, instalación, revisión, mantenimiento y seguridad.

Sobre Carburos Metálicos
Carburos Metálicos se constituyó en 1897. Desde entonces ha registrado un crecimiento constante que le ha llevado a liderar el sector de gases industriales y de uso medicinal en España. La empresa cuenta con un equipo de más de 1.000 profesionales, 15 plantas de producción, 2 laboratorios de gases de alta pureza, 41 centros propios y más de 200 puntos de distribución y delegaciones repartidos por todo el territorio nacional. Carburos Metálicos forma parte del Grupo Air Products desde 1995.

Sobre Air Products
Air Products presta servicio a clientes en los mercados tecnológico, energético, sanitario e industrial de todo el mundo, proporcionándoles una oferta global de productos, servicios y soluciones en gases atmosféricos, especiales y de proceso, así como materiales de alto rendimiento e intermedios químicos. Fundada en 1940, Air Products es líder en mercados clave como semiconductores, producción de hidrógeno, servicios de asistencia sanitaria, licuefacción de gas natural y recubrimientos avanzados y adhesivos. La compañía es reconocida por su cultura innovadora, su excelencia operacional y su compromiso con la seguridad y el medioambiente. Air Products tiene unos ingresos anuales de más de 10 billones de dólares, opera en más de 40 países, y cuenta con 21.000 empleados en todo el mundo. Para más información, www.airproducts.com.

Air Products Announces North American Price Increase For Several Liquid and Bulk Industrial Gas Products

Mon, 17 Sep 2007 00:00:00 -0400

Effective October 1, 2007, or as contracts permit, Air Products (NYSE:APD) will increase schedule pricing on bulk helium by 30 percent, liquid oxygen and liquid nitrogen by eight percent, liquid and bulk hydrogen by 12 percent, and liquid argon by 12 percent for merchant and government customers in North America.

The pricing initiatives are needed to address continued cost pressures and the need for ongoing investment in infrastructure to increase operating rates. These cost pressures include escalating material, labor, and energy costs associated with the production and distribution of its merchantgas products, and to support capital investment required to meet current and future demand.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Completes Purchase of BOC Gazy from Linde

Mon, 30 Apr 2007 00:00:00 -0400

Air Products (NYSE:APD) announced today that it has completed the acquisition of the industrial gas business of BOC Gazy Sp z o.o. from The Linde Group for 370 million euros or about $503 million. With this transaction, Air Products is now the leading industrial gas supplier in Central Europe’s fastest growing economy.

Air Products announced on January 8 its intention to acquire the BOC Gazy business and has since received clearance from the European and Polish regulatory authorities.

“This is a very compelling investment for Air Products,” said John McGlade, president and chief operating officer. “We now have the assets, infrastructure, people and management talent to take full advantage of the opportunities that come from having the leading position in one of the world’s fastest growing economies. Poland is the fourth largest recipient of foreign direct investment next to China, India and Brazil. Our combined operations are in the industrial heartland of the region where we can bring new applications and technology to drive quality, efficiency and performance in our customers’ businesses.”

The business, headquartered in Warsaw, has approximately 750 employees, five major industrial gas plants and six cylinder transfill facilities serving customers across a diverse range of industries, including chemicals, steel and base metals, among others. Combined with Air Products’ existing Polish business, 2006 sales were about 140 million euros or about $190 million.

Air Products operates in 15 countries throughout Europe, including the central and eastern European countries of the Slovak Republic, the Czech Republic, Russia and Poland. Total European sales in Air Products’ 2006 fiscal year were approximately $2.6 billion.

Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $9 billion, operations in over 40 countries, and over 20,000 employees around the globe. For more information, visit www.airproducts.com.

NOTE: This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this presentation regarding important risk factors. Actual performance and financial results may differ materially from those expressed in the forward-looking statements because of many factors, including those specifically referenced as future events or outcomes that the company anticipates as well as, among other things, overall economic and business conditions in Central and Eastern Europe and elsewhere different than those currently anticipated and demand for Air Products’ goods and services during that time; competitive factors in the industries in which it competes; natural or political interruption in ordinary sources of supply; the ability to recover unanticipated increased energy and raw material costs from customers; uninsured litigation judgments or settlements; changes in government regulations; consequences of acts of war or terrorism impacting the European and other markets; the effects of a pandemic or epidemic or a natural disaster; charges related to currently undetermined portfolio management and cost reduction actions; the success of implementing cost reduction programs or achieving synergies; the timing, impact, ability to complete and other uncertainties of future acquisitions or divestitures or unanticipated contract terminations; significant fluctuations in interest rates and foreign currencies from that currently anticipated; the impact of tax and other legislation and regulations in jurisdictions in which Air Products and its affiliates operate; the recovery of insurance proceeds; the impact of new financial accounting standards; and the timing and rate at which tax credits can be utilized. The company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this presentation to reflect any change in the company’s assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

Air Products Announces Pricing Actions for North American Merchant Gas Customers

Mon, 16 Apr 2007 00:00:00 -0400

Effective May 1, 2007, or as contracts permit, Air Products (NYSE:APD) will increase schedule pricing for liquid argon by 15 to 25 percent, liquid helium by 30 to 40 percent, and liquid-bulk oxygen and nitrogen by 10 to 15 percent for merchant customers in North America. Additionally, the company will increase its monthly service charge schedule pricing by 15 percent.

The pricing initiatives are being implemented to cover the continued escalating production costs of helium, argon, oxygen and nitrogen, as well as rising equipment replacement and maintenance costs for customer storage and supply systems.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products' Membrane Manufacturing Facility Expanding to Meet Growing Demand

Thu, 07 Dec 2006 00:00:00 -0500

Air Products (NYSE: APD) today announced that it is doubling manufacturing capacity at its PRISM® membrane production plant in St. Louis, Mo. The 25,000 square foot building expansion project, expected to be on-stream in the summer of 2007, will provide the additional capacity to meet membrane product demand from several major market applications. Air Products currently produces approximately 20,000 membrane modules per year at the location.

The St. Louis facility produces advanced proprietary hollow fiber membranes which separate mixtures of gases by permeating molecules through membrane fibers at varied rates. For example, the PRISM membranes can separate compressed air -- oxygen from nitrogen -- to produce an inert nitrogen gas with 95 to 99.5 percent purity. In addition to generating nitrogen from compressed air, Air Products' membranes are also used to dry air and natural gas, and to recover for reuse industrial process gases such as hydrogen. Air Products' PRISM membranes have a wide array of applications ranging from producing gases to inert fuel tanks aboard aircraft, to use in coal mine methane recovery operations in China, for use in enriching oxygen for passengers on the world's longest and highest highland railway -- the Qinghai-Tibet railway, and to produce nitrogen for blanketing chemical, methanol and liquefied gas shipments around the globe.

"The expansion of the St. Louis plant ensures we can maintain our leadership and meet increasing requirements for membrane separators from our customers," said Charles Page, business manager for Air Products' PRISM Membrane division. "The expansion will support the tremendous worldwide growth in demand that we have experienced over the last two years across most of our major market segments."

Air Products markets robust, reliable gas separation equipment that is field-proven in a wide variety of applications. It has been operating at the St. Louis facility since 1984 and currently employs over 80 people. The production expansion has the potential to increase workforce levels by 30 to 45 positions. "We have a skilled workforce at St. Louis and are pleased to be expanding at a site where we've been manufacturing for over 20 years," Page said. "There is a favorable climate for business fostered by the Economic Council of St. Louis County and Missouri Department of Economic Development."

"We're delighted Air Products chose St. Louis County for its expansion," said St. Louis County Executive Charlie A. Dooley. "This is a great example of economic incentives making the difference in the retention and expansion of good jobs for our workers and residents."

Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $9 billion, operations in over 40 countries, and over 20,000 employees around the globe. For more information, visit www.airproducts.com.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Announces North America Price Increase for Liquid-Bulk Oxygen, Nitrogen, Argon, Helium and Hydrogen

Tue, 19 Sep 2006 00:00:00 -0400

Effective October 1, 2006, or as contracts permit, Air Products (NYSE:APD) will increase schedule pricing on liquid-bulk oxygen, nitrogen, and hydrogen by 10 percent, and argon and helium by 20 percent for merchant and government customers in North America. Air Products also will be increasing its monthly service charge schedule pricing for storage and supply equipment, and eliminating discounts from schedule pricing for standard service offerings.

The pricing initiatives are needed to address escalating material, labor, and energy costs associated with the production and distribution of its merchant gas products, and to support capital investment required to meet current and future demand.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Announces Surcharge for U.S. Merchant Customers

Mon, 22 May 2006 00:00:00 -0400

Air Products (NYSE:APD) announced today that it is increasing nationwide surcharges on its liquid oxygen and liquid nitrogen products starting June 1, 2006. The surcharges are required to recover increased distribution costs such as purchased transportation and diesel fuel.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Announces Pricing Actions for North American Merchant Customers

Fri, 14 Apr 2006 00:00:00 -0400

Effective May 1, 2006, Air Products (NYSE:APD) will implement nationwide pricing actions for helium, argon and bulk hydrogen, and regional energy charges for oxygen and nitrogen where appropriate.

The pricing actions are needed to cover escalating distribution and production costs to maintain Air Products' high standards of customer service and supply. The regional charges for oxygen and nitrogen are needed to recover power rate increases in the affected areas.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Announces Price Increase For North American Liquid/Bulk Oxygen, Nitrogen, Argon And Helium Customers

Thu, 01 Dec 2005 00:00:00 -0500

Effective January 1, 2006, Air Products (NYSE:APD) will increase schedule pricing on liquid/bulk oxygen, nitrogen, and helium by up to 20 percent and argon by 25 percent for merchant and government customers in North America and will eliminate discounts on monthly service charges and other services.

Air Products will also continue its ongoing regional surcharge efforts where appropriate.

The pricing and surcharge initiatives are needed to address the unprecedented cost increases associated with the production and distribution of its merchant gas products, as well as the capital investment needed for Air Products to maintain its high standards of customer service and supply.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Record Olieprijzen Werken Door In Transportkosten

Fri, 01 Jul 2005 00:00:00 -0400

De aanhoudende stijging van aardolie prijzen leidt tot onvermijdelijke kostenverhogingen. Naast alle energie gerelateerde producten en processen worden met name onze transportkosten direct beïnvloed. Om deze reden hebben wij moeten besluiten tot een aanpassing van de transportbijdrage met € 0,50 per cilinder, met ingang van 1 juli . De kosten voor het retournemen van lege cilinders zijn hierbij inbegrepen.

Voor vloeibare/bulk gassen bedraagt de aanpassing € 1,- per MT / 1000m³.

Wij vertrouwen op uw begrip en zijn u zoals altijd graag van dienst.

Air Products Expands Supply Options to Industrial Gases Customers

Thu, 24 Feb 2005 00:00:00 -0500

Air Products (NYSE: APD) today announced a non-conventional service offering for its small volume industrial gases customers in North America. Called Microbulk Service, it is Air Products' newest gas supply option that provides the most technically-advanced and cost-effective alternative to traditional cylinder gas packaging in the marketplace.

The Microbulk Service package is being showcased from February 28 to March 3 at PITTCON®2005 in Orlando, Florida—an exhibition featuring the latest technologies in analytical laboratory instrumentation, supplies and services. Air Products' newly-designed on-site storage containers will be on display for customers looking to learn more about reliable argon, nitrogen and oxygen supply options.

"Our Microbulk Service program here was modeled after successful programs in Europe and South Africa. The concept has become more popular in North America, so Air Products has embarked on a strategy to roll it out in more than 20 markets in the United States and Canada over the next two years," said John Tapley, Microbulk business manager. The service has already been embraced by the metals processing industry, and Air Products expects similar acceptance from customers in the biotechnology, foods, electronics and healthcare industries as well.

Air Products Microbulk Service's most immediate impact is with the metals industry. With relatively small gas volume requirements, most metals processing operations have historically relied on high-pressure cylinders and dewars—a labor-intensive approach that too often results in wasted residual gas and has the potential for interrupted supply, cross-contamination and safety issues.

Today, metals processors are relying more heavily on Microbulk delivery services, as well as new on-site storage and blending systems that bring the advantages of bulk supply to operations with less than traditional bulk delivery volumes. Air Products' Microbulk Service is the newest entrant in this changing marketplace. Whether it is argon or nitrogen for heat-treating furnace atmospheres, nitrogen or oxygen for laser-assist gases, or argon and argon blends for weld shielding, Microbulk supply can mean efficient, economical and reliable supply for small-volume users.

The service appeals to small-volume customers by virtually eliminating cylinder handling and reducing the number of product deliveries. Its new Microbulk tank trucks provide fast fills into storage tanks that are designed to offer customers a range of flexible supply options. Automatic fill shut-off devices and programmable digital liquid level gauges help customers monitor their inventory, and the tanks' enhanced thermal qualities limit product loss during periods of little or no use.

For more information on the service, visit booth 2814 at PITTCON®2005, or call Air Products customer service at (800) 654-4567 and mention program 240.

Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $7.4 billion, operations in over 30 countries, and nearly 20,000 employees around the globe. For more information, visit www.airproducts.com.

Click on the thumbnail to view a larger image and get download information.

Air Products' Microbulk Service, our newest and most cost-effective alternative to traditional cylinder use, consists of specially-designed tank trucks and storage tanks that offer customers a range of flexible supply options.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

Air Products Announces Surcharge For L/B Oxygen, Nitrogen, And Argon Customers And Price Increase For Hydrogen, Helium Customers

Fri, 18 Feb 2005 00:00:00 -0500

Effective March 15, 2005, Air Products (NYSE:APD) will institute a surcharge of $.30 per 1000 standard cubic feet on liquid/bulk oxygen, nitrogen and argon. This surcharge is required to offset extraordinary increases in power, natural gas, coal, diesel fuel and distribution costs associated with merchant oxygen, nitrogen and argon production and distribution.

In addition, hydrogen and helium product pricing will increase by ten percent for merchant customers in North America, and discounts on monthly charges for hydrogen and helium tube trailers will be eliminated. The helium and hydrogen product price increase is necessary to recover continued escalation of feedstock and distribution costs while allowing Air Products to maintain its high standard of safe and reliable customer service and supply.

Air Products is also advising its hydrogen customers that in response to natural gas volatility, supply contracts will be restructured to enhance their ability to more effectively recover increases in natural gas cost.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.