Air Products and SIRE Sign Liquid CO2 Agreement for Iowa Facility

      Air Products and SIRE Sign Liquid CO2 Agreement for Iowa Facility

PR Newswire

LEHIGH VALLEY, Pa., Dec. 17, 2013

LEHIGH VALLEY, Pa., Dec.17, 2013 /PRNewswire/ --Air Products (NYSE: APD),
one of the leading suppliers of liquid carbon dioxide (CO[2]) in the United
States, today announced the signing of a long-term agreement for the
production of liquid CO[2] with Southwest Iowa Renewable Energy, LLC (SIRE).
Air Products will build a facility to produce 400 tons per day (tpd) of liquid
CO[2] at SIRE's established ethanol production facility in Council Bluffs,
Iowa. Air Products will market food and beverage-grade liquid CO[2] from the
new plant that is expected to begin production in early 2014.

"Following the EPCO acquisition last summer, we have been focusing our
attention on expanding our presence in the Midwest and this project helps us
in achieving that objective," said Nelson Squires, vice president and general
manager of North American Merchant Gases at Air Products. "This additional
supply source will further strengthen our liquid CO[2] network and provide
enhanced supply reliability to our food and beverage, as well as our
industrial bulk gas customers in the Midwest." When onstream, the facility
will increase the number of Air Products' liquid CO[2] production plants in
the U.S. to 13.

"We are excited to expand the portfolio of co-products produced from our 125
million gallon per year ethanol plant through this new agreement," said Brian
Cahill, president and general manager, SIRE. "Ethanol plants are an important
source of liquid CO[2] in the Midwest, and we look forward to Air Products
beginning production at our plant in Council Bluffs and providing the liquid
CO[2] co-product that will help serve the needs of the many large users in the
region."

In June, Air Products expanded its portfolio of industrial gases offerings in
North America by acquiring EPCO Carbon Dioxide Products, Inc. of Monroe,
Louisiana. The acquisition immediately vaulted Air Products to a position
amongst the leaders in the North American liquid CO[2 ]market and also made
Air Products a more fully-integrated supplier of bulk industrial gases by
increasing its competitive offering.

Liquid CO[2], which Air Products already offers in its other geographic
regions around the world, is an important product in markets Air Products
currently serves with other merchant industrial gases including for food,
beverage, chemical, pharmaceutical, oilfield services, and metals fabrication
applications.

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. Recognized as one of the world's most innovative companies by
both Thomson Reuters and Forbes magazine, more than 20,000 employees in over
50 countries supply effective 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 2013, Air Products had sales of $10.2 billion. For more
information, visit www.airproducts.com.

About Southwest Iowa Renewable Energy (SIRE)
SIRE, an Iowa limited liability company located in Council Bluffs, Iowa,
operates a 125 million gallon ethanol plant. SIRE began producing ethanol in
February, 2009 and sells its ethanol, distillers grains, corn syrup, and corn
oil in the continental United States, Mexico and the Pacific Rim. For more
information, visit www.sireethanol.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, 2012.



SOURCE Air Products

Website: http://www.airproducts.com
Contact: Media, (Air Products) Art George, (610) 481-1340,
georgeaf@airproducts.com, (Southwest Iowa Renewable Energy) Brian Cahill,
(712) 352-5002, brian.cahill@sireethanol.com, or Investor, (Air Products)
Simon Moore, (610) 481-7461, mooresr@airproducts.com
 
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