804212--5/27/2010--AIRGAS_INC

related topics
{cost, regulation, environmental}
{operation, natural, condition}
{competitive, industry, competition}
{loss, insurance, financial}
{capital, credit, financial}
{cost, contract, operation}
{system, service, information}
{condition, economic, financial}
{personnel, key, retain}
{cost, operation, labor}
{financial, litigation, operation}
{gas, price, oil}
We face risks related to general economic conditions, which may impact the demand for and supply of our products and our results of operations. We operate in a highly competitive environment and such competition could negatively impact us. Increases in product and energy costs could reduce our profitability. Our financial results may be adversely affected by gas supply disruptions/constraints. U.S. credit markets may impact our ability to obtain financing or increase the cost of future financing. We may not be successful in integrating acquisitions and achieving intended benefits and synergies. We depend on our key personnel to manage our business effectively and they may be difficult to replace. We are subject to litigation risk as a result of the nature of our business, which may have a material adverse effect on our business. We have established insurance programs with significant deductibles and maximum coverage limits which could result in the recognition of significant losses. Catastrophic events may disrupt our business and adversely affect our operating results. We are subject to environmental, health and safety regulations that generate ongoing environmental costs and could subject us to liability. We face risks in connection with our current project to install a new enterprise information system for our business. Market conditions and other uncertainties may unfavorably impact our withdrawal liabilities from multi-employer pension plans. Air Products Chemicals, Inc. s ( Air Products ) unsolicited takeover attempt may require us to incur significant additional costs.

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