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News ReleaseAir Products Awards $25,000 in Scholarships to Excellent Students of Three East China Universities

Part of Ongoing Efforts to Grow Talent Pool for Coal Gasification, Clean Energy and New Materials Markets

April 24, 2014 Shanghai, China

Air Products (NYSE: APD), a leading global supplier of industrial gases, performance materials, equipment and technology solutions, today announced it has awarded USD25,000, equivalent to RMB160,000 in scholarships to thirty students from three leading universities in East China, one of the country’s fastest-growing major economies with a large talent pool.

Air Products Awards $25,000 in Scholarships to Excellent Students of Three East China UniversitiesThe scholarship presentation ceremony took place on April 15, concurrent with Air Products’ University Student Experience Day in its Asia Technology Center located in Shanghai Zhangjiang Hi-tech Park. During the “Gas Science Inspires the Future” themed event, around forty participating students and teachers learned how innovation and leading-edge gas technologies and applications can contribute to building a better future especially on addressing environmental challenges by reducing emissions, improving energy efficiency and increasing productivity.

“China is a strategic and high-growth market for Air Products and talent management is a vital ingredient in our strategy to accelerate our growth and support the country’s sustainable development. The university scholarship program is a part of our continuous investment to nurture talents and future leaders through education for the industry and community to help realize the China Dream,” said Saw Choon Seong, vice president and general manager, Asia Merchant Gases at Air Products.

So far this year, fifty university students in China have received Air Products Scholarships. Among them, thirty are pursuing bachelor’s degree, master’s degree and PhD at East China University of Science and Technology, Shanghai Jiaotong University and Zhejiang University in East China. They mainly major in Chemical Engineering, Resources & Environmental Engineering, Materials Science & Engineering, Mechanical and Energy, Materials Science & Engineering and Thermal Power Engineering. Launched in 2008, Air Products scholarships are granted to exceptional university students based on their overall performance, academic achievement, innovation and financial need. In the past six years, more than 330 students at nearly 10 leading universities across China have benefited from Air Products’ scholarships totaling over RMB 1.5 million.

Dr. Miao Ping, director of Air Products Asia Technology Center introduced air separation, oxy-fuel combustion, Ion Transport Membrane (ITM) Oxygen, carbon dioxide (CO2) capture, purification, storage and applications, hydrogen generation and hydrogen fueling technologies that contribute to shaping and building a better tomorrow in the event. A career talk was hosted by Air Products as well.

“At Air Products, we share the vision and passion for making our world a better place for everyone. We encourage the winning students to leverage the scholarships to broaden their horizons and apply their talents for the betterment of mankind in return,” Saw added.

Three of the scholarship recipients reported their research projects at the ceremony covering the cutting-edge topics of high-efficiency coal gasification, clean energy generation from electro-catalytic oxidation of ammonia, and new metal-organic framework material and its application in air separation etc. A student from the Resources and Environmental Department of East China University of Science and Technology expressed appreciation to Air Products before reporting her project, “Thanks to Air Products for granting the scholarships, sharing their advanced gas technologies and inspiring us to create a brighter future. The scholarships offer a financial incentive as well as important recognition for our hard work. I am most impressed by Air Products’ ‘Responsible Care’ to the community.”

Air Products has been serving the China market for over 25 years with its leading edge technologies and solutions to help its customers become more productive, energy efficient and sustainable. Today, it has over 60 operating entities, 90 production facilities and 3,000 employees and sales revenue exceeding USD 1 billion in China. To cultivate future talents and support technology development, the company has also launched joint research programs with more than a dozen universities. Air Products’ Career Development Program has successfully grown future talents in China since 2004 and the company was rated as China’s Top 100 IDEAL™ Employers 2013 by a group of university students majoring in natural sciences.

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. Recognized as one of the world’s most innovative companies by both Thomson Reuters and Forbes magazine, more than 21,000 employees in over 50 countries supply effective 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 2013, Air Products had sales of $10.2 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, 2013.

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