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Air Products Launches New Corporate Responsibility Web Site

Submitted by: Air Products & Chemicals, Inc.

Categories: Corporate Governance

Posted: Feb 18, 2003 – 11:00 PM EST


CEO John Jones Comments on Integrity and Transparency in Communications With Stakeholders

Feb. 18 /CSRwire/ - LEHIGH VALLEY, PA - Air Products (NYSE: APD) has launched a new Corporate Responsibility Web site showcasing its guiding principles and policies on corporate governance, the environment, interactions with the communities in which it operates, and employee diversity.

The site is accessible via the company's homepage at www.airproducts.com or directly at www.airproducts.com/responsibility.

"It's very, very important that integrity remain front and center, particularly at a time marked by corporate distrust," said John Jones, Air Products' Chairman, President and Chief Executive Officer. "Air Products has always been a company that has valued transparency and honesty in its communications with shareholders, customers, communities and its own employees. This new Web site puts many of our benchmark policies and practices in one place, giving people immediate access to information about where we stand on very important issues."

The new site highlights the company's environmental, health and safety policies and operating record and provides detailed information about its community partnerships and giving program. It also houses information on Air Products' Board of Directors (including its committees and charters), as well as a set of frequently asked questions regarding the company's corporate governance practices. Air Products' Deliver the Difference strategy also is featured, particularly its vision, mission and values focused on delivering innovation to customers across all businesses and geographies. The site also contains information about Air Products' diversity initiatives, its compliance plan for doing business globally, and examples of how the understanding, integrity and passion of Air Products'people help deliver a competitive edge.

"When we make a commitment to our customers to bring an innovative solution -- to bring them reliability - we meet that commitment. That's integrity," Mr. Jones said. "From a shareholder point of view, when it comes to finance and accounting matters, we are guided by the highest ethical standards. And when it comes to our employees, I am very proud to be the CEO of a company where integrity, concern for the environment and a focus on safety are so deeply ingrained in our people's character."

Air Products will upload new information to the Corporate Responsibility site as governance guidelines, environmental health and safety activities, and community and employee programs continue to evolve.

Air Products and Chemicals, Inc. (www.airproducts.com) is the world's only combined gases and chemicals company. Founded more than 60 years ago, the business has annual revenues of $5.7 billion and operations in 30 countries.

Air Products is a market leader in the global electronics and chemical processing industries, and a longstanding innovator in many industrial markets, including coatings, adhesives and polyurethanes. The company distinguishes itself through its 17,500 employees around the world, who build lasting relationships with their customers and communities based on understanding, integrity and passion.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

For more information, please contact:

Katie McDonald Air Products & Chemicals, Inc.
Phone: +1-610-481-3673


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