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Air Products Increases Prices for Polyurethane Prepolymers and Curatives
 

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LEHIGH VALLEY, Pa. (June 16, 2008) – 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.


 

Media Inquiries:
Robert Brown
Tel: (610) 481-1192

Investor Inquiries:
Nelson Squires
Tel: (610) 481-7461