July 22, 2016 Shanghai, China
China is undergoing transformational change in the country’s “new normal” to drive sustainable growth. On 21 July, the 5th China Finance Summit, themed “New Challenges and Opportunities in China’s Qualitative Change,” took place, where over 500 business, finance, industry and media leaders and representatives gathered to exchange thoughts on accelerating the transformation and to recognize outstanding contributors. Air Products (NYSE:APD), a world-leading industrial gases company, received the 2016 Best Brand Image Award for the third consecutive year in recognition of its good public image and continued contribution to the country’s economic and social development.
The award was bestowed during the session “Honor and Dream” to 40 leading or fast-growing companies, including Air Products, Pfizer, Alcatel-Lucent and eHaier. The judging panel, comprising representatives from research institutes, consulting firms, academia and the media, selected the winners from more than 240 candidates based on six criteria: company culture, social contribution, innovation capability, financial growth, brand influence and industry position.
“Air Products has been serving and growing with China for almost thirty years, and we take pride in our longstanding commitment to supporting its economic and social development,” said Saw Choon Seong, China president, Industrial Gases, at Air Products. “Winning this prestigious award for the third consecutive time is indeed a great testimony to our untiring efforts and contribution to this strategic market. It has also given tremendous encouragement to all of our employees in China. We will continue to create more value for our customers and the community with safety, quality products, innovative technologies and sustainable solutions in the new normal.”
The China Finance Summit, a notable annual event since 2012, provides a platform for participants from the media, financial institutions, and multinational and domestic corporations to share business wisdom and explore the driving force of China’s economic transformation and development. This year’s summit was co-organized by over 30 business and general media, including China.com, Chinanews.com, Chinadaily.com, Shaanxi Satellite TV, International Business News and China Trade News.
Air Products has been serving the China market since 1987 to help manufactures improve productivity, efficiency, quality and environmental performance. It has established a strong market position with more than 60 operating entities and 70 production facilities. As the first global industrial gases company to establish a R&D capability in China, the company has been actively developing leading-edge gas applications for industries in glass, primary metals, metal processing, welding, electronics packaging and assembly, water treatment, food & beverage, chemicals and pharmaceuticals. On corporate social responsibility, it has been initiating and actively taking part in a variety of programs and activities, including the LIN (liquid nitrogen) Ambassador Program to demonstrate to local schools and communities the application of gas science in our daily lives through experiments.
The company’s performance has been recognized by various parties in China. Apart from this most recent award, the company was also named the Outstanding Service Provider to China Chemical Parks by China Petroleum and Chemical Industry Federation and 2015 Outstanding Enterprise by Tianjin Xiqing government, as well as receiving a number of safety awards for its production sites from the local government authorities.
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.