September 05, 2013 Shanghai, China
Air Products (NYSE: APD), a US Fortune 500 company and a leading global supplier of industrial gases and performance materials, was invited by China’s Ministry of Commerce and Xinjiang government to speak at the opening ceremony of the 3rd China-Eurasia Expo and China-Eurasia Economic Development Cooperation Forum held in Urumqi, capital city of Xinjiang Uygur Autonomous Region on 2nd September. Distinguished speakers included Vice President Li Yuanchao, Party Secretary Zhang Chunxian and Vice Minister of Commerce Li Jinzao of the Chinese government, and leaders from other countries and institutions.
Air Products China President Stephen J. Jones delivered the speech on the company’s behalf and was the only speaker from a multinational corporation at the ceremony. Jones also attended and spoke at the Xinjiang Production and Construction Corps forum held on 3rd September.
Entering its 3rd year, the China-Eurasia Expo is an influential platform for global economic cooperation and trade and cultural exchange among leaders of governments and multinational corporations as well as local and international entrepreneurs to accelerate the opening up of Xinjiang. The theme for this year is “Openness, Mutual Trust, and Common Development”.
“Xinjiang is an ideal region for foreign trade thanks to its strategic location and the Chinese government’s efforts to make it a key economic hub at the heartland of Eurasia. Its rich natural reserves also pose enormous growth potential for many industries,” said Jones at the expo opening. “As a longstanding investor in China, Air Products is honored and will take an active role to support the development of its energy industries particularly coal to chemicals projects and contribute to its social and economic growth with our investment, leading edge technologies and talent development. Together with the government and our customers, we will build a greener and better community there.”
Air Products has been operating in China since 1987 and was one of the first multinational industrial gas corporations to invest in the country. With over 40 operating entities, 50 production facilities and 2,800 employees, the company has already established a strong market position serving a broad range of industries. In recent years, the company has been accelerating its growth in Western China. It has ten state-of-the-art large air separation units (ASUs) in the region including those under construction to support various energy projects, one of which was the world’s largest on-site ASU order ever awarded to any industrial gas company at that time. The company is also supplying ultra-high purity nitrogen and other bulk gases to Samsung Electronics’ memory chip fab in Xi’an, which is the most advanced of its kind in China and the largest overseas investment ever made by the Korean company.
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 20,000 employees in over 50 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 2012, Air Products had sales of approaching $10 billion. 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, 2012.
September 30, 2012.