Air Products to Provide Hydrogen Fueling Equipment to China Energy Investment Group's First Hydrogen Fueling Station in China

Air Products (NYSE: APD), a world-leading industrial gases company, today announced it has signed an agreement with state-owned Shenhua New Energy Co. Ltd. (New Energy), a subsidiary of China's energy conglomerate China Energy Investment Group Co., Ltd. (China Energy), to provide two hydrogen dispensers to China Energy's first commercial hydrogen fueling station project in Rugao City of Jiangsu Province, eastern China.Air Products' global leading and proprietary SmartFuel® hydrogen dispenser will be supplied for the project for fueling the hydrogen fuel cell powered vehicles. The fueling station is expected to be one of the largest in China in terms of fueling capacity when it becomes operational in mid-2018.China Energy was established in November 2017 by the merger of Shenhua Group, a world-class energy company, and China's power giant China Guodian Corporation. With assets exceeding U.S. $270 billion, China Energy has set a number of world records including being the largest producer of coal, thermal power, renewable energy, and coal-to-oil and coal chemical products. Clean energy, including hydrogen, is a key focus of the Group.   "Air Products began collaborating with Shenhua Group affiliates including the National Institute of Clean-and-Low-Carbon Energy in 2016 to accelerate China's hydrogen economy," said Tammy Han, vice president-Central and Western China, Industrial Gases at Air Products. "We are excited about the agreement with Shenhua New Energy which is a latest fruit of our joint efforts to develop China's hydrogen energy market. We look forward to further expanding our cooperation in hydrogen energy in the future."