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News ReleaseAir Products Collaborates with Xi’an Jiaotong University to Nurture Talent and Drive Development of Advanced Technologies

June 29, 2012 Shanghai, China

Air Products (NYSE:APD), a leading global industrial gases and performance materials supplier, today announced it has recently signed an agreement with Xi’an Jiaotong University (XJTU), the leading university in Xi’an, Shaanxi Province, western China, to establish a scholarship program to nurture talent in cryogenic and welding engineering.

Under the agreement, the Air Products scholarships will be awarded to outstanding and innovative undergraduate, postgraduate and doctoral students in the School of Energy and Power Engineering, and the School of Materials Science and Engineering of XJTU, aiming to cultivate top talents in cryogenic and welding engineering to support the growth and development of air separation technologies and metal fabrications.

“XJTU is an outstanding university with strong engineering and R&D capabilities in Western China,” said Carrington Smith, Director of Technology Partnerships group at Air Products on the signing ceremony. “We believe our collaboration with XJTU will be mutually beneficial to the university and Air Products. Air Products will gain a valuable partner for local talent in XJTU as well as building relationships with faculty in strategically important areas for Air Products in China. We look forward to advancing this relationship with XJTU to the next level by using these initial activities as a catalyst to expand our partnership. ”

A seminar on technology transfer was organized on the day of the signing ceremony to give an overview of Air Products’ business and technology activities to XJTU students in cryogenic engineering and to share how U.S. based universities and large multinational companies perform technology transfer. In addition, Air Products donated English text books relating to advanced cryogenic and air separation unit technologies to XJTU as part of the activities.

“We are pleased to build partnership with Air Products to develop top cryogenic talents and advanced technologies. Air Products is a leading global industrial gas player and has been increasing their efforts to bring in innovative and sustainable solutions to the China market. We inspire our students to play a role to build a better future by participating in the development of new technologies and technology transfer through working with the world’s leading companies, ” emphasized by professor Li, Director of cryogenics research institute at XJTU.

Air Products recently announced the opening of its Xi’an office located in Hi-tech Zone to strengthen its presence in Western China. Through its collaboration with XJTU, the company is cultivating top talents in the region to support its increasing number of projects in China and rest of the world.

Besides the scholarship programs in XJTU, Air Products has also established other scholarships and collaborations with various leading universities in China, including Shanghai Jiaotong University, Nanjing University, Zheiiang University, Tianjin University, East China University of Science & Technology, the Huazhong University of Science and Technology and South China University of Technology etc.

About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases; performance materials; equipment; and technology. For over 70 years, the company has enabled customers to become more productive, energy efficient and sustainable. More than 18,000 employees in over 40 countries supply innovative solutions to the energy, environment and emerging markets. These include semiconductor materials, refinery hydrogen, coal gasification, natural gas liquefaction, and advanced coatings and adhesives. In fiscal 2011, Air Products had sales of approximately $10 billion. For more information, visit www.airproducts.com.  

About Xi'an Jiaotong University
Xi’an Jiaotong University (XJTU), a national key university under the direct jurisdiction of the Ministry of Education, is one of the country's oldest institutions of higher learning with more than 110 years of history. It is a comprehensive research university offering programs in nine areas—science, engineering, medicine, economics, management, art, law, philosophy and education—with a major emphasis on science and engineering.

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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