March 30, 2004 Lehigh Valley, Pa.
Air Products (NYSE:APD) and Tomah3 Products, Inc. announced today the formation of a commercial and product development relationship intended to leverage each company's expertise, products and technology to better serve customers in the industrial and institutional cleaning, and the coatings, inks and adhesives industries. The companies hope to provide improved access to complementary technologies, leading to the continued development of unique solutions to industry and customer needs in these niche applications.
Air Products brings to the relationship proven surface science solutions and a global presence in the coatings, inks and adhesives industries, and will benefit from Tomah's established alcohol ethoxylates product base. Tomah's presence in institutional and industrial cleaning applications in North and South America likewise will benefit from Air Products' surfactant product capabilities. Air Products will continue technological research and development, marketing and sales and customer service for the coatings, inks and adhesives segments, and will assist Tomah with technology development for institutional and industrial cleaning applications. Tomah, based in Milton, WI, will continue to handle all marketing and sales and customer service for institutional and industrial cleaning customers.
"We think the ability to combine our surface science research and development capabilities and Tomah's synthetic product technologies will result in new environmentally-friendly products for the variety of applications served," said Ken Rizzi, business development manager, Performance Solutions at Air Products. "Additionally, in each segment, the customers will continue to have contact with already established suppliers with proven performance history. Other than enhanced product options, the relationship will be transparent to the respective customers."
According to Tobin Ryan, vice president, Corporate Development at Tomah, "By combining Air Products' unique acetylenic technology with our alkoxylate and ether amine capabilities, Tomah will enhance its solution base in serving its customers and the institutional and industrial cleaning industry."
Air Products has been serving the coatings, inks and adhesives industries for over 30 years by providing unique multi-functional additives that provide dynamic wetting and foam control properties. Since 1970, Tomah has developed and supplied cleaning products for several markets including metal working, parts, transportation, food preparation, janitorial, health care, and other related institutional cleaning applications.
About Air Products
Air Products 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. With annual revenues of $6.3 billion and operations in over 30 countries, the company's 18,500 employees build lasting relationships with their customers and communities based on understanding, integrity and passion. For more information, visit www.airproducts.com.
About Tomah3 Products
Tomah, a privately owned and independent company, is a leading producer of cationic and nonionic surfactants specializing in ether amines, derivatives, and alkoxylates. Founded in 1967, Tomah's products are sold directly and through a broad network of distributors worldwide. Primary markets include institutional and industrial cleaners, fuel and lubricant additives, agricultural adjuvants, ore flotation, clay modification, pulp and paper, and oil field chemicals. Tomah also excels at custom manufacturing and in jointly developing, with key customers, products designed to meet a specific need. Due to unique manufacturing capabilities, rapid response times and technical expertise, Tomah is an excellent partner for long-term supply arrangements. The company is driven by a culture of quality and innovation and a commitment to safety, health and the environment. Tomah is the recipient of Wisconsin's Manufacturer of the Year Award for its corporate leadership in environmental consciousness. More information can be found at www.tomah3.com.
NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.
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