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PRICING SUPPLEMENT NO. 12 DATED  OCTOBER 4, 1996                           Rule 424(b)(3) 
(To the Prospectus Dated April 27, 1995, and Prospectus                    File No. 33-57357
Supplement dated May 17, 1995)                         
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: October 4, 1996 Original Issue Date: October 9, 1996 Maturity Date: October 9, 2003
Interest Rate Range of Maturities Per Annum - ------------------- -------------- 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ___6.85___% 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________% 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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . __________%
Principal Amount: $29,000,000.00 Face Amount: $29,000,000.00 Issue Price: Par Net Proceeds to Issuer: $28,826,000.00 Specified Currency: US Dollars Exchange Rate Agent: N/A (If other than U.S. dollars, see attached) Interest Payment Dates: Each December 15 and June 15 and at Maturity Record Dates: Each December 1 and June 1 Agent's Commission: $174,000.00 Agent: Lehman Brothers, Inc. Global Note: / x / Yes / / No Form: / x / Book-Entry / / Certificated
Depositary: 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: