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News ReleaseAir Products Supplies Oxy-fuel Integrated Solution to Techpack Solutions in Korea

Innovative combustion technology with multiple benefits from reduced emissions to improved productivity, energy and cost efficiency and quality

November 15, 2011 Seoul, Korea

Air Products (NYSE: APD), a leader in oxy-fuel combustion technology and integrated solution supplier to the global glass industry, today announced it has signed a contract to supply its oxy-fuel integrated solution to Techpack Solutions in Korea to reduce emissions and improve energy efficiency and productivity in container and tableware glass production.

Under the contract, Air Products supplies its Cleanfire® HRiTM oxy-fuel burners and flow control skid. The company will also install its Prism® vacuum swing adsorption (VSA) unit at Techpack Solutions’ site to supply reliable and economical on-site oxygen used to power the oxy-fuel burners for melting glass.

With over 50 years of experience in oxy-fuel technology, Air Products offers an oxy-fuel integrated solution, from gases supply to oxy-fuel burners and technology, customized control system, technical and design expertise, commissioning service, safety and site training, maintenance contracts and project management. Air Products has installed more than 1,500 Cleanfire burners around the world. The company recently announced another contract for oxy-fuel integrated solution to a fiberglass manufacturer in China. For more information, visit http://www.airproducts.com/industries/GlassMinerals.aspx.  

An innovative combustion technology, oxy-fuel technology brings various benefits such as over 80% reduction of nitrogen oxide emissions, about 25% increase in productivity, reduction of capitals, 25-60% energy savings and improvement in efficiency and glass quality.

“We are honored to be selected by Techpack Solutions to support their conversion to oxy-fuel combustion,” said Richard Huang, Asia industry manager for Glass, Air Products. “With South Korea’s new Low Carbon Green Growth Law coupled with increasing market demand, Korean glass makers can benefit from oxy-fuel technology to reduce emissions while enhancing productivity. Air Products is a leader in this innovative technology with proven track records worldwide, and our glass experts will help more glass makers in Asia grow stronger and greener.”

Founded in the mid-1950s, Techpack Solutions is South Korea’s leading packaging solution provider and the country’s largest manufacturer of glass bottles. The company makes a wide range of glass containers for the food, drink and medical 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 2011, Air Products had revenues of $10.1 billion, operations in over 40 countries, and 18,900 employees around the globe. For more information, visit www.airproducts.com.  

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, 2011.

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