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News ReleaseAir Products to Provide PRISM® Membrane Separators for Shenhua Ningxia Coal-to-Liquids Project

Project Represents Second Largest PRISM Membrane System in China

March 03, 2016 Lehigh Valley, Pa.

Air Products (NYSE:APD) PRISM Membranes division in Saint Louis, Missouri, has received a significant order to provide a large quantity of membrane separators to the Ningdong Energy and Chemical Industry Base in Ningxia, China, for use as part of the Shenhua Ningxia Coal-to-Liquids Project. The membranes will be part of a hydrogen purification and recycling operation that is expected to start-up later this year.

“This coal-to-liquids project demonstrates China’s advanced capabilities in the energy industry, and we are very proud to be part of it,” said Peter Fung, business manager of Permea China Limited, a division of Air Products PRISM Membranes. “The membrane system is designed to process up to 280,000 standard cubic meters per hour of gas flow, which is an important factor in the efficiency of the overall project.”

Impure hydrogen that is produced by processing the coal passes through the membrane system, which removes contaminants and purifies the valuable hydrogen gas for reuse. The PRISM® Membrane Separators contain polymeric hollow fibers that use selective permeation under differential pressure to separate hydrogen from methane, carbon monoxide, and other hydrocarbons.

China’s largest PRISM membrane system was installed in 2007 and started up in 2008 for a coal liquefaction project in Ordos, Inner Mongolia. PRISM Membrane Separators have also been used to produce oxygen enriched breathing air for passengers on China's high altitude Qinghai-Tibet Railway.

Air Products’ PRISM Membrane Separators are manufactured exclusively at its facility in Saint Louis, Missouri (USA) and sold throughout Asia by Permea China Limited. Since 1977, a team of engineers from Air Products in the U.S., Belgium, China, and Norway has custom engineered, fabricated, and delivered over 500 process gas systems.

About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company celebrating 75 years of operation. The company’s core Industrial Gases business provides atmospheric and process gases and related equipment to manufacturing markets, including refining and petrochemical, metals, electronics, and food and beverage. Air Products is also the world’s leading supplier of liquefied natural gas process technology and equipment. The company’s Materials Technologies business, which Air Products intends to spin-off by September 2016, serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries.

The company had fiscal 2015 sales of $9.9 billion and was ranked number 284 on the Fortune 500 annual list of public companies. Approximately 20,000 employees in 50 countries strive to make Air Products the world’s safest and best performing Industrial Gases company, providing sustainable offerings and excellent service to all customers. 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, 2015.

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