September 02, 2005 Lehigh Valley, Pa.
The Air Products Foundation is making a $100,000 donation to the Hurricane Katrina Relief Fund of the American Red Cross to help the recovery efforts in the heavily damaged areas of Louisiana, Mississippi, and Alabama.
Extensive damage caused by Hurricane Katrina has impacted the company's own industrial gas complex in New Orleans, La. and affected over 150 local employees.
"We can't help but be moved by the devastation in the Gulf Coast area," said John P. Jones, Air Products' Chairman and CEO. "This initial contribution is just the start. Air Products employees around the world have expressed a desire to help in some way. We are determining the best ways to provide humanitarian assistance options for our affected employees, retirees, and the community at large."
Jones added, "Our thoughts and prayers go out to everyone in the Gulf Coast region. We will continue to look for ways to help lessen the burden of this devastating natural disaster and the recovery process."
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.