<PAGE> 1
PRICING SUPPLEMENT NO. 7 DATED JANUARY 31, 1996 Rule 424(b)(3)
(To the Prospectus Dated April 27, 1995, and Prospectus
Supplement dated May 17, 1995) File No. 33-57357
AIR PRODUCTS AND CHEMICALS, INC.
MEDIUM-TERM NOTES, SERIES D
DUE FROM 9 MONTHS TO 20 YEARS FROM DATE OF ISSUE
FIXED-RATE NOTES
----------
Trade Date: January 31, 1996 Original Issue Date: February 5, 1996
Maturity Date: February 7, 2011
<TABLE>
<CAPTION>
Interest Rate
Range of Maturities Per Annum
------------------- -------------
<S> <C>
From 9 months to less than 1 year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 1 year to less than 18 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 18 months to less than 2 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 2 years to less than 3 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 3 years to less than 4 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 4 years to less than 5 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 5 years to less than 6 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 6 years to less than 7 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 7 years to less than 8 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 8 years to less than 9 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 9 years to less than 10 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 10 years to less than 11 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 11 years to less than 12 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 12 years to less than 13 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 13 years to less than 14 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 14 years to less than 15 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 15 years to less than 16 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6.25 %
----------
From 16 years to less than 17 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 17 years to less than 18 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 18 years to less than 19 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
From 19 years up to and including 20 years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
</TABLE>
Principal Amount: $15,000,000.00
Face Amount: $15,000,000.00
Issue Price: 100%
Net Proceeds to Issuer: $14,902,500.00
<TABLE>
<S> <C>
Specified Currency: U.S. Dollars Exchange Rate Agent: N/A
(If other than U.S. dollars, see attached)
Interest Payment Dates: Each June 15 and December 15 and at Maturity Record Dates: Each June 1 and December 1
Agent's Commission: $97,500.00 Agent: Goldman, Sachs & Co.
Global Note: / x / Yes / / No Form: / x / Book-Entry / / Certificated
</TABLE>
Depositary: DTC
Redemption: Check box opposite applicable sentence.
/ x / The Notes cannot be redeemed prior to maturity.
/ / The Notes may be redeemed prior to maturity.
Terms of Redemption:
Repayment: Check the box opposite applicable sentence.
/ x / The Notes cannot be repaid prior to maturity.
/ / The Notes may be repaid prior to maturity.
Terms of Repayment:
Additional Terms:
