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News ReleaseAir Products Hydrogen Fueling Equipment to Boost UNIDO-ICHET Demo Project

March 12, 2009 Lehigh Valley, Pa.

Air Products (NYSE: APD) today announced that it will supply hydrogen fueling equipment for a hydrogen transportation demonstration project in New Delhi, India. The project, being financially and technically supported by The International Centre for Hydrogen Energy Technologies (ICHET) of the United Nations Industrial Development Organization (UNIDO) will be conducted over two years beginning in July 2010 and include development of a fleet of 15 three-wheeled vehicles. The hydrogen-powered fleet will transport visitors at the Pragati Maidan, where many large public exhibitions are held in New Delhi, in partnership with the India Trade Promotion Organization. The Indian Institute of Technology (IIT)-Delhi, a pioneer in hydrogen research in India, will oversee the project’s management, and the vehicles will be developed by Mahindra & Mahindra, one of the major automobile manufacturers in India, in collaboration with IIT-Delhi.

Air Products and INOX Air Products will be providing the hydrogen fueling equipment, expertise on hydrogen safety, and hydrogen supply strategy. “This is yet another novel demonstration of hydrogen for use as an energy carrier in the transportation industry. This fleet of popular three wheeled vehicles will be operating in a very public forum with high visibility in this heavily used exhibition area. We’re pleased to be involved with another hydrogen project in India and look forward to a continuing relationship,” said Tom Joseph, business development manager for Hydrogen Energy Systems at Air Products.

Project organizers hope the fleet will be operated well beyond the end of this project and that it will help support the establishment of hydrogen refueling facilities and hydrogen vehicles across New Delhi and India. UNIDO-India will be completing the consortium of team members involved with the project and undertaking liaison activities in collaboration with the Indian Minister of New and Renewable Energy and ICHET, which is based in Turkey and is funded by the Turkish Ministry of Energy. ICHET’s aim is to support developing countries leap-frog the use of hydrogen as a clean energy carrier by helping in the development and demonstration of such technologies by supporting universities and industries.

In 2005, Air Products was a key player in the opening of India’s first hydrogen fueling station at Indian Oil Corporation Ltd.’s research and development center in Faridabad, north of New Delhi. Air Products and INOX Air Products supplied a dual fueling dispensing unit. The system is able to separately fuel vehicles with hydrogen, or a mixture of hydrogen and compressed natural gas (HCNG).

Air Products, the leading supplier of merchant hydrogen to refineries to assist in making cleaner burning transportation fuels, has completed over 85,000 hydrogen fills and has placed over 90 hydrogen fueling stations in the United States and 16 countries worldwide. Cars, trucks, vans, buses, scooters, forklifts and other materials handling equipment, and even submarines, have been fueled as this trend-setting technology involving Air Products know-how, equipment, and hydrogen is being used increasingly at over 2,000 hydrogen fills per month. Air Products provides liquid and gaseous hydrogen, and HCNG (hydrogen/compressed natural gas) fueling at varied pressures and was the first company to provide 700 bar (10,000 psi) fueling. Hydrogen for these stations is delivered to a site via truck, by on-site natural gas reformation, and by electrolysis, wind and solar means.

Air Products has more than 50 years of hydrogen experience and is on the forefront of hydrogen energy technology development. Air Products has an extensive patent portfolio with over 50 patents in hydrogen dispensing technology. For more information on Air Products’ hydrogen fueling station technologies go to www.airproducts.com/h2energy.

About Air Products
Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of over $10 billion, operations in over 40 countries, and 21,000 employees around the globe. For more information, visit www.airproducts.com.


About INOX Air Products
INOX Air Products is India’s leading Industrial gas company and is a 50:50 JV between the INOX group and Air Products and Chemicals, Inc. headquartered in Allentown, Pennsylvania. The company is fully integrated from gas manufacturing to distribution and operates across India with an asset base in excess of Rs 1300 crores. It serves customers in industrial, energy, technology and healthcare markets with a unique portfolio of atmospheric gases, process and specialty gases, equipment and services.

NOTE: This release may contain forward-looking statements. Actual results could vary materially, due to changes in current expectations.

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