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Air Products Shanghai Jiao Tong University and Drexel to Continue 3-2 Program for Exceptional Chines

October 8, 2008

Air Products (NYSE:APD), Shanghai Jiao Tong University (SJTU) and Drexel University have agreed to continue their Joint Cooperation Agreement for an integrated “3-2 Program” enabling two exceptional Chinese students per year the opportunity to earn undergraduate and graduate degrees and a corporate work assignment.

Launched in 2007, the partnership was the first of its kind to involve a Chinese university, a U.S. university and an international corporation. Students concurrently complete three years of education at SJTU and an additional two years at Drexel, including a six-month internship assignment with Air Products. Upon completion of the program, students receive a bachelor’s degree in their engineering major from SJTU and a master’s degree in global engineering from Drexel.

The first two students to join the program were Dawei Ren and Qinling Shen. They are currently working at Air Products in six-month process technology assignments as part of the overall curriculum.

“I am gaining so much more from my work and personal encounters with colleagues at Air Products, and even senior leaders here, than I could ever have learned from books,” says Ren. “This excellent program will open many windows of opportunity for young people in China to know more about the world.”

“The opportunity to study abroad, learn with my fellow students at Drexel as a team and be welcomed as a member of the Air Products family is such an honor for me,” adds Shen. “Every aspect of the program from the academics to daily life is looked after. This experience is a real treasure for me.”

“Finding and educating the best and the brightest is truly an amazing component of this program,” said Dr. Selcuk Guceri, dean of the Drexel University College of Engineering. “We’re honored to be a part of such a pioneering program with SJTU and Air Products. It’s a novel approach to recruiting and building international talent in an increasingly competitive recruiting environment. The program most likely will serve as a model for establishing similar programs in other rapidly growing regions of the world, including Asia, Eastern Europe and the Middle East.”

Drexel University’s Associate Dean of Research and Graduate Studies, Dr. Anthony Lowman, added that “Drexel University is pleased to be able to join with two world-class organizations to form this unique partnership to help provide a global educational experience for the students of Shanghai Jiao Tong University and Drexel. We hope it will become a model for similar programs sponsored by other multinational corporations.”

Sponsorship costs for the program, including transportation, room, board and tuition are covered by Air Products and Drexel University. Students accepted into the program enroll in an agreed-upon course of study at Drexel. The initial focus of the program is in chemical and mechanical engineering disciplines.

About Drexel University’s College of Engineering Since its founding in 1891, Drexel University’s College of Engineering has emphasized its strengths in engineering, science and technology to educate students to become the leaders of the future. The College has the largest undergraduate private engineering program among the nation’s private universities and is Drexel’s flagship school with more than 3,500 undergraduate and graduate students specializing in experiential and global education. For more information on Drexel University’s College of Engineering, please visit http://www.drexel.edu/coe.

About Air Products Air Products (NYSE:APD) serves customers in industrial, energy, technology and healthcare markets worldwide with a unique portfolio of atmospheric gases, process and specialty gases, performance materials, and equipment and services. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials, refinery hydrogen, home healthcare services, natural gas liquefaction, and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment. Air Products has annual revenues of $9 billion, operations in over 40 countries, and over 20,000 employees around the globe. For more information, visit http://www.airproducts.com.

About Shanghai Jiao Tong University Shanghai Jiao Tong University (SJTU) was founded in 1896. The University, through its century-long history, has nurtured large numbers of outstanding figures and made significant contributions to the thriving and prosperity of China and the development of science and technology. Of all the academicians of China’s Academy of Sciences and Academy of Engineering, more than 200 are the alumni of Jiao Tong University. For more information, visit http://www.sjtu.edu.cn/english.

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News Media Contacts:

Elizabeth Brachelli Public Relations Coordinator, Drexel College of Engineering 215-895-6454 or ebrachelli@coe.drexel.edu

Niki Gianakaris Assistant Director, Drexel News Bureau 215-895-6741, 215-778-7752 (cell) or ngianakaris@drexel.edu

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