April 01, 2009 Lehigh Valley, Pa.
Air Products (NYSE:APD) today announced it has completed the acquisition of S.I.Q.–Beteiligungs GmbH, a manufacturer of epoxy additives based in Marl, Germany. This investment provides Air Products a line of amine and polyamide hardeners and thermoplastic resins that complements its epoxy curatives business and broadens its offering to the European market.
S.I.Q. was founded in 2000 and has sincebuilt a strong presence in the epoxy additives business in Germany and other regions of Europe.
S.I.Q. is present at the European Coatings Show (Hall 10, stand 129).
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 more than 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.