Driving New Technologies to Bring Benefits to Air Separation
April 06, 2011 Lehigh Valley, Pa.
Air Products (NYSE: APD), a leading global industrial gases and performance materials supplier, today announced it has initiated its third joint research and development (R&D) project with the State Key Laboratoryof Chemical Engineeringof Tianjin University in China on advanced chemical engineering sciences. This project, which focuses on distillation and modeling of chemical processes in engineering design technology, will be applied to air separation and hydrocarbon processes accelerating process development for the gases industry.
Air Products and Tianjin University have established a longstanding R&D partnership having signed three joint R&D agreements on advanced chemical engineering sciences since 2005. Under these agreements, Air Products provides funding to the University for R&D projects engaging a number of Ph.D. and master’s degree students.
In addition, Air Products has established a scholarship program at Tianjin University for chemical engineering students. The latest scholarships were presented on March 18, 2011. On that day, Air Products’ representatives also visited several laboratories to discuss further cooperation opportunities.
“We are very glad to build further partnerships with Air Products, a global industrial gases leader in technology and innovation. Our technology exchanges and collaborations have brought us very good international perspectives on global trends and developments,” said Professor Yuan Xigang, director of the State Key Laboratoryof Chemical Engineering of Tianjin University. “Air Products is also committed to developing local talent, and we are very pleased to see that several of our Ph.D. students are now developing their careers at this company. We look forward to our continued cooperation on many fronts.”
In 1991, the State Key Laboratory for Chemical Engineering established its distillation laboratory in Tianjin University, which has become the base of fundamental and applied research in the field of distillation. The laboratory has earned a reputation worldwide as a center of excellence for distillation.
“Air Products is committed to developing advanced technologies and sustainable industrial applications to support the local needs of the high growth China market. We have been cooperating with leading universities in China to accelerate the introduction of innovation to the marketplace,” said Monty Alger, vice president and chief technology officer at Air Products. “Our further cooperation with the very reputable Tianjin University on distillation and modeling in this latest joint R&D project will increase the pace of air separation innovation.”
Air Products was the first global industrial gas company to establish an internal R&D capability in China when it set up its Asia Technology Center in 2005, which is today serving key high growth market segments in China and the rest of Asia including performance materials, electronics and general industries.
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. In fiscal 2010, Air Products had revenues of $9 billion, operations in over 40 countries, and 18,300 employees around the globe. For more information, visit www.airproducts.com.
About Tianjin University and State Key Laboratory of Chemical Engineering
TianjinUniversity, established in 1895, is the first modern university in China. More than 200,000 of students have graduated from the Tianjin University over its 116 years of history. Its State Key Laboratory of Chemical Engineering focuses its research on distillation and composite process, membrane distillation and seawater desalination flash evaporation, bath distillation and its application, optimized distillation process system and applied researches.For more information, visit www.tju.edu.cn/english.
NOTE: This release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s reasonable expectations and assumptions as of the date of this release regarding important risk factors. Actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors not anticipated by management, including risk factors described in the Company’s Form 10K for its fiscal year ended September 30, 2010.