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News ReleaseAir Products’ Second Integrated Oxy-fuel Solution for Techpack Solutions in Korea Now Onstream

Another Successful Furnace Conversion to Full Oxy-fuel Helps Glass Industry Reap Environmental, Operational and Productivity Benefits

June 27, 2016 Lehigh Valley, Pa.

Air Products (NYSE: APD), a leader in oxy-fuel combustion technology and integrated solutions to the global glass industry, recently commissioned and brought onstream its second integrated oxy-fuel solution for Techpack Solutions in Korea. The cutting-edge offering helps this leading Korean container glass maker reap multiple benefits of reduced emissions and improved energy efficiency, productivity and glass quality.

The integrated solution encompasses Air Products’ oxy-fuel combustion system, including Cleanfire® HRiTM oxy-fuel burners and an automatic flow control skid, as well as a PRISM® vacuum swing adsorption (VSA) oxygen generator supplying reliable and economical on-site oxygen used to power the oxy-fuel burners for melting glass. In addition, Techpack Solutions will be installing Air Products' newest technology, the Cleanfire® HRe burner, which is the industry's first smart burner. The HRe burner will enhance Techpack's furnace control and help them optimize their maintenance schedule.

“Congratulations to Techpack Solutions for converting another furnace to oxy-fuel. We are honored to have supported their current and previous successful conversions, both yielding significant improvements in environmental footprint, operational efficiency, productivity and glass quality,” said Kyo-Yung Kim, president of Air Products Korea. “Adding to Air Products’ long list of success stories worldwide, we will continue to leverage on our global experience and leading-edge technology to help more glass makers achieve sustainable development and stay competitive under the government’s green growth strategy.”

Oxy-fuel technology is proven to bring multiple benefits such as over 50% reduction in nitrogen oxide emissions, 10-20% in energy savings, about 25% increase in productivity, reduction of capital, and improvement in efficiency and glass quality.

Air Products is a leader in oxy-fuel technology with over 50 years of experience and offers integrated solutions, from gas supply to combustion systems, technology, customized control systems, technical and design expertise, commissioning service, safety and site training, and maintenance contracts and project management. The company has already installed more than 1,500 Cleanfire burners around the world. For more information, visit www.airproducts.com/glass.

Techpack Solutions, founded in the mid-1950s, is South Korea’s leading packaging solution provider and largest manufacturer of glass bottles for the domestic and worldwide markets. The company makes a wide range of glass containers for the food, drink and medical industries.

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 serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries.

The company had fiscal 2015 sales of $9.9 billion and is ranked number 288 on the Fortune 500 annual list of public companies. Approximately 19,000 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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