Daido Hoxan Inc.

02/01/1997

Daido Hoxan Inc., Tokyo, and Air Products and Chemicals Inc., Allentown, PA, have formed a joint venture to provide gases and related chemicals, environmental systems, equipment, and services to the electronics industry in Japan. The new company, Daido Air Products Electronics Inc., will draw on Daido`s product lines and Japanese customer base, as well as on Air Products` technology, marketing, and worldwide infrastructure.