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

Exhibit 99.1

Current Business Information

Quarter-To-Date

August 21, 2006

             
    July 2006    
    % Change    
    vs.    
    Prior Year   Commentary
Consolidated Sales
    20     Strong growth in Gases and Equipment, and Performance
Materials.
 
 
            
Electronics Sales 3 Mo Rolling Avg**
    14     Specialty material volumes continue to increase while
equipment revenues were essentially flat.
 
 
            
EPI On-site/Pipeline Volume
    21     Volumes strong across most franchises.
 
 
            
Asia Liquid/Bulk Volume
    17     Strong growth in China continues.
 
 
            
North America Gases:
 
 
 
            
Liquid/Bulk Volume
    3     Growth across all major products. Tight operating conditions.
 
 
            
LOX/LIN Price
    10     Pricing programs and surcharges continue to recover higher
energy costs.
 
            
Europe Gases:
           
 
            
Liquid/Bulk Volume
    8     Good growth including some spot activity. New business
signings continue to be encouraging.
 
            
Cylinder Volume
    (1 )    
 
            
LOX/LIN Price
    2     Pricing programs across the region.
 
 
            
Chemical Sales Volume:
    (10 )   Volumes exclude Tomah acquisition and Geismar divestiture.
 
 
            
Performance Volume
    12     Growth across Epoxy Additives, Surfactants and Polyurethane
Additives.
 
 
            
Amines, PUI & Polymers Volumes
    (20 )   Good growth in Emulsions was more than offset by weakness in
Polyurethane Intermediates (customer shutdowns). Amines
volumes mixed.
 

** 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.