Air Products and Chemicals Inc Q2 2021 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: John Patrick McNulty - BMO Capital Markets Equity Research - Analyst : So I guess a little bit of a follow-up on Lu'An. This year has obviously been a lumpy year with it with the kind of not getting paid full out, like the contract being rejiggered a little bit while it was down. I guess is there a way to think about how the total payout in fiscal '21 versus fiscal '22 will look out in terms of overall earnings contribution?

Question: John Patrick McNulty - BMO Capital Markets Equity Research - Analyst : Yes, that's right.

Question: John Patrick McNulty - BMO Capital Markets Equity Research - Analyst : Okay. So it should be back to kind of the $0.25 contribution or something in that range? Is that the right way to think about it?

Question: John Patrick McNulty - BMO Capital Markets Equity Research - Analyst : Got it. Fair enough. And then maybe just as a follow-up, you spoke to merchant business starting to pick up and seeing signs of the macro kind of having some pull there. Can you speak to what that means for bidding activity around either the gasification side or some of the traditional on-site business? Are you starting to see increases in bidding activity or demand and interest from kind of REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 10, 2021 / 12:30PM, APD.N - Q2 2021 Air Products and Chemicals Inc Earnings Call the larger-scale customers at this point? And how should we think about that in terms of filling up the backlog and contract announcement as how we look through the rest of this year?