Air Products Signs Contract to Supply Carbon Monoxide from Expanded Syngas Separation Unit

  Air Products Signs Contract to Supply Carbon Monoxide from Expanded Syngas
                               Separation Unit

Additional Gases for Petrochemical-Rich Region and Vast Gulf Coast Hydrogen
Pipeline Network

PR Newswire

LEHIGH VALLEY, Pa., Nov. 15, 2012

LEHIGH VALLEY, Pa., Nov. 15, 2012 /PRNewswire/ -- Air Products (NYSE: APD)
today announced the signing of an agreement to expand its existing syngas
separation unit (SSU) in Geismar, Louisiana to increase the supply of carbon
monoxide (CO). The increased capacity of CO is mainly for the supply of BASF's
publicly-announced world-scale formic acid plant to be built at BASF's Geismar
Verbund site. 

The facility expansion will also provide Air Products increased hydrogen
production for sale to refinery and petrochemical customers along its vast
Gulf Coast hydrogen pipeline network system, and will further support filling
of bulk CO tube trailers from its existing Geismar transfill facility. The
incremental SSU expansion is expected to commence operations in the second
quarter of 2014.

About Air Products
Air Products (NYSE:APD) provides atmospheric, process and specialty gases;
performance materials; equipment; and technology. For over 70 years, the
company has enabled customers to become more productive, energy efficient and
sustainable. More than 20,000 employees in over 50 countries supply innovative
solutions to the energy, environment and emerging markets. These include
semiconductor materials, refinery hydrogen, coal gasification, natural gas
liquefaction, and advanced coatings and adhesives. In fiscal 2012, Air
Products had sales approaching $10 billion. 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, 2011.

SOURCE Air Products

Website: http://www.airproducts.com
Contact: Media, Art George, +1-610-481-1340, georgeaf@airproducts.com, or
Investors, Simon Moore, +1-610-481-7461, mooresr@airproducts.com
 
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