Air Products' Newest PRISM® Hydrogen Generation Technology Onstream at Global Tungsten & Powders


Ribbon-cutting Ceremony at GTP Celebrates Highly Efficient, Economical Technology for Onsite Generation of Hydrogen



LEHIGH VALLEY, Pa. -- Air Products (NYSE: APD) continues to meet the growing hydrogen demand of Global Tungsten & Powders Corp. (GTP) with the first installation of its new PRISM(®) PHG830 hydrogen generator. The new technology is now onstream at GTP's manufacturing facility in Towanda, Pa., where the two companies held a ribbon-cutting ceremony today to celebrate the successful completion of the project. The newly expanded range of Air Products' PRISM(®) technology demonstrates the flexibility of this highly efficient and economical supply option for the onsite generation of hydrogen requirements up to 5,000 nm3/hr.



"We value the trust and confidence GTP has placed in us to continue meeting their increasing hydrogen requirements in the most reliable and economical way," said John Robinson, general manager, Industrial Gases-North, at Air Products. "The new PRISM PHG830 hydrogen generator combines Air Products' proprietary reformer technology with our hydrogen pressure swing adsorption capabilities to bring GTP the lowest cost hydrogen available in this production range."



"Air Products has been supplying hydrogen to GTP for more than 30 years, and this is an important material to facilitate our tungsten reduction processes here," said James Morse, director of Manufacturing Services at GTP. "It is reassuring to work with a gas supplier who understands our business and has the technical innovation and supply flexibility to meet our increasing product demands in the lowest-cost way possible."



Air Products has installed more than 35 PRISM hydrogen generation units globally. The company's PRISM hydrogen generators for onsite gas production are an important part of Air Products' portfolio of supply options, which includes traditional bulk liquid and gas delivery, large onsite HyCO plants, and pipeline supply. As the world's leading hydrogen supplier, Air Products has the technologies and experience to help customers improve process efficiency, optimize gas usage, and improve safety. For hydrogen support or more information about Air Products' PRISM hydrogen generators, visit www.airproducts.com/H2generators.



About Air Products

Air Products (NYSE:APD) is a leading industrial gases company. For nearly 75 years, the company has provided atmospheric, process and specialty gases, and related equipment to manufacturing markets including metals, food and beverage, refining and petrochemical, and natural gas liquefaction. Air Products' materials technologies segment serves the semiconductor, polyurethanes, cleaning and coatings, and adhesives industries. Over 20,000 employees in 50 countries are working to make Air Products the world's safest and best performing industrial gases company, providing sustainable offerings and excellent service to all customers. In fiscal 2014, Air Products had sales of $10.4 billion and was ranked number 276 on the Fortune 500 annual list of public companies. For more information, visit www.airproducts.com.



About Global Tungsten & Powders Corp. (GTP)

GTP is a world leader in refractory powder production and development as well as high temperature metallurgy. From our manufacturing location in Towanda, PA GTP has produced tungsten, molybdenum, cobalt and tantalum based powders and semi-finished products for over 65 years. GTP also has a tungsten production facility in Bruntal in the Czech Republic. With global production capabilities, GTP is well positioned to supply customers from all parts of the world. GTP powders are used in numerous industries including - automotive, aerospace, defense, metal working, mining, energy exploration, petrochemical and refining and medical. Since 2008, GTP is a wholly owned subsidiary of the Plansee Group, Reutte, Austria.



CONTACT:

Media Inquiries: (Air Products) Debbie Bauer, tel: (610) 481-8061; email: bauerda@airproducts.com; (GTP), James Morse, tel: (570) 268-5192; email: James.morse@globaltungsten.com; Investor Inquiries: Simon Moore, tel: (610) 481-7461; email: mooresr@airproducts.com

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