APD Air Products and Chemicals Inc

LEHIGH VALLEY, Pa., Oct. 3 /PRNewswire-FirstCall/ -- Air Products (NYSE:APD) today announced that it will assess a percentage price increase, effective November 1, 2005, for electronic specialty materials (ESM) and high- purity process chemicals (HPPC). The exact percentage increase will be as much as 15% and will vary according to specific product. Increased energy and feedstock costs are the drivers behind the increases. Air Products works to absorb sudden or temporary energy price increases that often occur in the marketplace, however, the company said this price increase is required to offset extraordinary pre-Katrina increases in energy and feedstock costs associated with the production and distribution of ESM and HPPC products. While energy and feedstock costs have further increased post- Katrina, Air Products is working to manage these costs at this time. Air Products is a leading supplier of materials (gases and chemicals), equipment and services to the global semiconductor and electronics industries. Through its extensive product line, technological know-how and lasting customer relationships, Air Products has earned the trust of its customers by knowing their businesses, understanding their challenges, and finding effective solutions. Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. 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 and is listed in the Dow Jones Sustainability and FTSE4Good Indices. The company has annual revenues of $7.4 billion, operations in over 30 countries, and nearly 20,000 employees around the globe. For more information, visit http://www.airproducts.com/. ***NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations. DATASOURCE: Air Products CONTACT: Media Inquiries: Beth Mentesana, +1-610-481-2459, ; or Investor Inquiries: Phil Sproger, +1-610-481-7461, , both of Air Products Web site: http://www.airproducts.com/

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