EX-99.1 2 exhibit1.htm EX-99.1 EX-99.1

Exhibit 99.1
Current Business Information
Quarter-To-Date
February 21, 2006

                 
    January 2006    
    % Change    
    vs.    
    Prior Year   Commentary
Consolidated Sales
   17   Growth across all three business segments.
Electronics Sales
   3   Specialty material volumes continue to
3 Mo Rolling Avg**
           increase. On-site/pipeline business higher
 
           as well. Electronic sales were up 15%
 
           excluding equipment.
EPI On-site/Pipeline Volume
   7   HyCO volumes up 12%.
Asia Liquid/Bulk Volume
   13   Good growth, albeit a bit below recent
 
           trend due to the Lunar New Year holidays.
North America Gases:
                
Liquid/Bulk Volume
   1   LOX/LIN, LAR and LHe volumes all up 6-7%.
 
           LHY volumes improved sequentially, but we
 
           were still limited by Katrina and the
 
           delayed restart of feedstock supply in
 
           Sarnia.
LOX/LIN Price
   10   Pricing programs and surcharges.
Europe Gases:
                
Liquid/Bulk Volume
   6   Good growth driven by Isle of Grain, UK
 
           and strength on the northern continent.
Cylinder Volume
   2   One additional workday this year.
LOX/LIN Price
   1        
Chemical Sales Volume:
   (3 )        
Performance Volume
   3   Surfactants and Polyurethane Chemical
 
           volumes strong. Emulsions volumes up
 
           modestly. Continued weakness in Asia
 
           epoxy additives.
Intermediates Volume
   (11 )   Polyurethane Intermediates volumes flat
 
           YOY as lower DNT demand is being offset by
 
           increased TDA activity. Methyls and
 
           Higher Amines both lower versus prior
 
           year.

** Three month rolling average; excludes Liquid/Bulk revenues and equity affiliate revenues.

Note: We are providing this information at the request of financial analysts and investors who have indicated that it would assist them in understanding recent business trends at Air Products. This information is based on current estimates and data that we believe in our judgment to be reliable. Please keep in mind that sales volumes and prices are not the only factors that determine future financial performance. Many other factors including raw material, energy, distribution and overhead costs and other price changes also influence earnings.