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News ReleaseAir Products Appoints Kim Kyo-Yung to Succeed Lee Soo-Yon as Korea President

February 05, 2015 Seoul, Korea

Air Products (NYSE:APD) today announced that Lee Soo-Yon, its vice chairman and former president for Korea, had retired as of 31 January 2015. Kim Kyo-Yung, current Korea president since 1 October 2014, is leading the Industrial Gases business in the country. Kim also continues to oversee some ongoing projects in Xi’an High Tech Zone (XHTZ), Shaanxi Province, western China for a Korea electronics customer.

Kim joined Air Products in Korea in 1991 and has held several regional and global positions across the commercial and marketing functions in the Electronics Division. He was based in Taipei, Taiwan, serving as global director for Electronics Tonnage business from 2008 to 2014. Before assuming his current position, Kim was global director for Process Materials and Delivery Systems in the Electronics Division.

“Mr. Kim brings a wealth of experience and insight to this important role,” said Wilbur Mok, president, Industrial Gases – Asia. “We are confident that his extensive expertise and strong track record will enable Air Products to continue our business growth in Korea and create the best value for our customers.”

Lee Soo-Yon continues serving as Air Products’ consultant until May 2015.

During his 25-year tenure, Lee played a key role throughout Air Products’ development and in building strategic relationships with many customers in the Korea market. In 2004, he received the Air Products Chairman’s Award for Excellence for his leadership and contributions in growing the Korea business particularly establishing leading positions in many of the country’s industrial parks. He also is a winner of the 2014 Samsung Award of Honor for his support to Samsung’s semiconductor business in China.

About Air Products
Air Products (NYSE:APD) is a leading industrial gases company. For nearly 75 years, the company has provided atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. Air Products’ materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. Over 20,000 employees in 50 countries are working to make Air Products the world’s safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. In fiscal 2014, Air Products had sales of $10.4 billion and was ranked number 276 on the Fortune 500 annual list of public companies. 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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