August 04, 2010 Lehigh Valley, Pa.
Air Products (NYSE:APD) today announced that, effective September 1, 2010, or as contracts allow, it will increase prices in North America, South America and South Africa on select Dabco® amine catalysts by 5%.
This price increase is necessary to offset key raw material cost increases the company has incurred over the past several months that impact select Dabco amine catalysts.
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.