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News ReleaseAir Products Increases Prices for Polyurethane Prepolymers and Curatives

June 16, 2008 Lehigh Valley, Pa.

Air Products (NYSE:APD) today announced that effective July 15, 2008, or as contracts allow, it will increase prices in North America on all Airthane® and Versathane® polyurethane prepolymers, and Versalink® polyurethane curatives. The amount of the price increase will vary based on product type and are detailed below:

 Product  Increase
 Polyether Backbone Prepolymers
  Airthane PET, PHP, PPT, APC and API series
    prepolymers (e.g. PET-95A, PHP-75D)
  Versathane 1090, 1160, and 2070
 $0.12/lb
 Polyester Backbone Prepolymers
  Airthane PST series prepolymers (e.g. PST-80A)
  Versathane A series prepolymers (e.g. A9, A9QM)
$0.10/lb
Versalink Curatives
  Versalink P1000, P650, P250, 740M and MCDEA
$0.10/lb
 

This price increase is necessary to offset increases in the cost of raw materials, transportation costs related to fuel prices, and container costs related to steel. 


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

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  • Investor Contact
    Simon Moore
    (610) 481-7461
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
    USA
    (610) 481-2729
  • Press Contact
    Renee Giello
    (610) 481-4876
    Air Products and Chemicals, Inc.
    7201 Hamilton Boulevard
    Allentown, PA 18195-1501
    USA
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