As a global gases, performance materials, equipment and services provider, Air Products serves many of today's high-growth markets, including energy, technology, a wide variety of industrial sectors, and other markets.

Leading supply positions
We supply atmospheric gases, process and specialty gases, performance materials, and equipment and services to customers throughout the world. With our culture based on innovation, operational excellence and a commitment to corporate responsibility, we have built leading supply positions in key growth markets, including refinery hydrogen; semiconductor, flat-panel display and photovoltaic materials; natural gas liquefaction; and advanced coatings and adhesives.

Global scope
We are geographically diversified, with operations in over 40 countries and nearly 60% of our revenues outside of the U.S. Our more than 21,000 employees differentiate Air Products by building lasting relationships with customers and communities based on understanding, integrity and passion.

Earnings stability
There is a high degree of stability in our earnings. We have a strong balance sheet with "A" bond ratings, and we generate strong cash flow. We also have attractive business models in how we go to market. For example, the majority of our business is supplied under long-term contracts. We have energy and raw material pass-through capability for the vast majority of the company's sales.

Growing with discipline
We have substantial operating leverage as we load our existing assets with good business. We are driving increased productivity across our businesses at all levels. We are focused on growth in our three global businesses: Merchant Gases; Tonnage Gases, Equipment and Energy; and Electronics and Performance Materials. And we remain disciplined in our capital spending, pursuing leadership positions and choosing only the best opportunities. Each and every day, we work hard to improve our business portfolio, shifting it toward a more focused, less cyclical, higher growth, and higher return mix for our shareholders.

Forward Looking Statements
This presentation contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this document regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including, without limitation, continuing deterioration in economic and business conditions; weakening demand for the company's products, future financial and operating performance of major customers and industries served by the Company; unanticipated contract terminations or customer cancellations or postponement of projects and sales; asset impairments due to economic conditions or specific product or customer events; the impact of competitive products and pricing; interruption in ordinary sources of supply of raw materials; the ability to recover unanticipated increased energy and raw material costs from customers; costs and outcomes of litigation or regulatory activities; consequences of acts of war or terrorism impacting the United States’ and other markets; the effects of a pandemic or epidemic or a natural disaster; charges related to current portfolio management and cost reduction actions; the success of implementing cost reduction programs and achieving anticipated acquisition synergies; the timing, impact, and other uncertainties of future acquisitions or divestitures; the ability to attract, hire and retain qualified personnel in all regions of the world where the Company operates; significant fluctuations in interest rates and foreign currencies from that currently anticipated; the continued availability of capital funding sources in all of the Company's foreign operations; the impact of new or changed environmental, healthcare, tax or other legislation and regulations in jurisdictions in which the Company and its affiliates operate; the impact of new or changed financial accounting standards; and the timing and rate at which tax credits can be utilized. The Company disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this document to reflect any change in the Company’s assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.