UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
---------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) 22 November 2000
------------------
<TABLE>
<CAPTION>
Air Products and Chemicals, Inc.
--------------------------------------------------
(Exact name of registrant as specified in charter)
<S> <C> <C>
Delaware 1-4534 23-1274455
---------------------------------------------- ------------------------ ---------------------------
(State of other jurisdiction of incorporation) (Commission file number) (IRS Identification number)
7201 Hamilton Boulevard, Allentown, Pennsylvania 18195-1501
------------------------------------------------ ----------
(Address of principal executive offices) (Zip Code)
</TABLE>
Registrant's telephone number, including area code (610) 481-4911
---------------
<PAGE>
Item 9. Regulation FD Disclosure
---------------------------------
The company will post current business information on an intra-quarterly
schedule (months that are not the last month of a fiscal quarter) at its website
at www.airproducts.com (under "Investor Information"), ordinarily by the 15th or
16th business day of the month. Such information for October 2000 appears below,
but in the future will only be made available on the company's website. This
information will not contain information considered material, but is intended to
supplement the financial outlook.
2
<PAGE>
<TABLE>
<CAPTION>
Investor Information
Current Business Information November 22, 2000
<S> <C> <C>
(% Change vs PY) October 2000 Commentary versus prior year
------------ --------------------------------
Electronics Sales $ ** 50+ continued strong spec gas, spec chem and equipment
CPI On-site/Pipeline Volume 6-7 continued strong HyCO volumes, some spot activity
North America Gases
-------------------
Liquid/Bulk Volume 6 Higher Electronics, Food and Metal Processing volumes partially offset by
conversions to on-sites
LOX/LIN Price 4 cost recovery surcharge, underlying pricing up modestly
Cylinder Volume 6-7 one additional workday, strong MRI activity
Europe Gases
------------
Liquid/Bulk Volume 2 Southern Europe continues to be strong partially offset by lower volumes in
the UK
LOX/LIN Price 0
Cylinder Volume 4 UK up, strong spec gas and Helium volumes
Chemical Sales Volume 4-5 (results exclude PVOH impact)
---------------------
Performance Volume 7-8 strong Epoxy, Specialty and Polyurethane Additive volumes
partially offset by lower North American Emulsion volumes
Intermediates Volume 0 solid PUI volumes offset by Amines
**three month rolling average, excludes NA & Europe Liquid/Bulk
</TABLE>
Note: This information is furnished 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 are believed 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. The
information reflects one month's business activity and may not reflect longer
term business trends or suggest financial results for the current quarter or for
future reporting periods.
Effective October 2000, the reporting format has been revised. Added are
Electronics and CPI data, and Liquid/Bulk volume now summarizes merchant oxygen,
nitrogen, argon, helium and hydrogen volumes. In Chemicals, Performance
Chemicals now includes the Emulsions business area.
3
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Air Products and Chemicals, Inc.
----------------------------------
(Registrant)
Dated: 22 November 2000 By: /s/ Robert F. Gerkens
-------------------------------------
Robert F. Gerkens
Assistant Corporate Secretary
4
