LEHIGH VALLEY, Pa., Aug. 17, 2017 /PRNewswire/ -- Air Products,
a world-leading industrial gases company, today announced that its pipeline in Batu Kawan Industrial Park, Penang, for global leading printing company HP has come on-stream. As the Park's first gases pipeline, which
extends from Air Products' existing network in Prai, this infrastructural investment represents the company's further commitment
to the social and economic development of Northern Malaysia and the rest of the
country.
"We are honored to be supporting HP's business growth plan in Malaysia," said Alex Tan, Southeast Asia president, Industrial Gases, Air Products. "Air
Products has been serving Malaysia for over 40 years with a strong position established in
Northern Malaysia. Providing a more reliable and cost-effective gases supply, this new pipeline
will strengthen our support to HP's innovation and help fuel the growth of other manufacturers in the Park."
The comprehensively planned Batu Kawan Industrial Park is rapidly developing into one of Penang's major industrial hubs in recent years. Strategically located, it offers excellent accessibility and
high standard infrastructure facilities. HP's facility in the Park serves as the company's global consumer ink business
headquarters and manufactures ink supplies by utilizing its innovative and environmentally-friendly technologies.
"Air Products' new supply system in the Batu Kawan Industrial Park improves the reliability, quality and cost-effectiveness of
HP's operations while helping us reduce our carbon footprint," said Sunil Chandiramani, General
Manager/Vice President, Consumer Ink Business (WW IPH Operations), Inkjet Supplies Operations/IPS at HP. "As part of the Park's
common infrastructure that benefits all manufacturers here, it marks the beginning of sustainable industrial growth in
Batu Kawan."
Air Products has been serving Malaysia since 1974 and is recognized for its excellence in
safety, reliability and operations. With eight state-of-the-art production facilities and depots strategically located throughout
the country, the company produces high-purity and high-quality industrial gases to diverse markets including steel, electronics,
chemicals processing, metals processing, food, glass and more.
Today, Air Products has established a leading position in Northern Malaysia. In Penang, its two air separation units in the Prai Industrial Park, together with an extensive supply network
that expands into the Bukit Minyak Industrial Park and the Batu Kawan Industrial Park, provide a highly reliable gases supply to
its customers. In Central and Eastern Malaysia, Air Products' hydrogen plants in Banting, West
Port and Kuantan position the company as one of Malaysia's largest hydrogen suppliers.
About Air Products
Air Products (NYSE:APD) is a world-leading Industrial Gases company in operation for over 75 years. 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 had fiscal 2016 sales of $7.5 billion from continuing operations in 50 countries and
has a current market capitalization of approximately $30 billion. Approximately 16,000 employees
are making 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,
2016.
Media Inquiries :
(Asia) Jessica Cheng, tel: (852) 2863-0585; email: chengjs@airproducts.com
(U.S.) Debbie Bauer, tel: +1 (610) 481-8061; e-mail: bauerda@airproducts.com
Investor Inquiries :
Simon Moore, tel: +1 (610) 481-7461; email: mooresr@airproducts.com
SOURCE Air Products