Air Products Exhibits at Fifth Western China International Fair for Investment and Trade

Air Products (NYSE:APD), a world-leading industrial gases company and a global leader in hydrogen, participated in the Western China International Fair for Investment and Trade (WCIFIT) held from May 18-21 in Chongqing to demonstrate its ongoing commitment to the region’s sustainable growth and China’s Western Development Strategy.

Air Products’ booth was themed “Deeply Engaged in Western China to Promote High-quality Development of Industries.”  It was located in the Central Hall, where Air Products showcased how its advanced gas application solutions and experience in hydrogen can benefit industrial and heavy transportation sectors. Key highlights include:

• A model showcasing the company’s expertise across the full hydrogen value chain, including production, distribution, storage and dispensing. Its low- and zero-carbon technologies and solutions will play a key role in supporting China’s ‘Dual Carbon’ goals and energy transition. 

• The company’s gas supply solutions supporting the first semiconductor plant in China that produces chips below twenty nanometers. Consisting of a PRISM® cryogenic nitrogen facility and liquefaction and backup equipment, the solutions provide ultra-high purity nitrogen that meets the national standard and can help chip manufacturers achieve industry transformation and upgrade. 

Since entering Western China in 2006, Air Products has been supporting the high-quality and sustainable development of diverse industries in the region, including electronics, chemicals, gasification, metals, and food. The company has also established a leading position in the electronics industry and has built several production facilities to serve its electronics customers including the advanced semiconductor fabs in the Xi'an High-tech Zone. 

Co-sponsored by the Ministry of Commerce of China, the China Council for the Promotion of International Trade, and the Chongqing Municipal People's Government, WCIFIT is an influential trade and exchange platform to boost international cooperation in Western China. More than 800 foreign and domestic companies participated in this year’s event.

About Air Products
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years focused on serving energy, environmental, and emerging markets. The Company has two growth pillars driven by sustainability. Air Products’ base business provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, and food. The Company also develops, engineers, builds, owns and operates some of the world's largest industrial gas and carbon-capture projects, supplying world-scale clean hydrogen for global transportation, industrial markets, and the broader energy transition. Additionally, Air Products is the world leader in the supply of liquefied natural gas process technology and equipment, and globally provides turbomachinery, membrane systems and cryogenic containers.

The Company had fiscal 2022 sales of $12.7 billion from operations in over 50 countries and has a current market capitalization of about $65 billion. More than 21,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products’ higher purpose to create innovative solutions that benefit the environment, enhance sustainability and reimagine what's possible to address the challenges facing customers, communities, and the world. For more information, visit airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.

Air Products’ Cautionary Note Regarding Forward-Looking Statements: This release contains “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 expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors,  including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2022 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.