LEHIGH VALLEY, Pa.,
Aug. 29, 2011 /PRNewswire/ -- Air
Products (NYSE: APD) today announced the appointment of
Stephen J. Jones as China president based in Shanghai to lead the company's next phase of
strategic development in China.
Jones, a member of the company's corporate executive committee,
will retain his current role as senior vice president and general
manager of Global Tonnage Gases, Equipment and Energy.
"The appointment of Steve Jones
as China president and his move to
Shanghai is part of Air Products'
corporate strategy to support our significant growth opportunities
and accelerate our development in emerging markets," said
John E. McGlade, chairman, president
and chief executive officer. "China is a strategic market for Air Products.
We have been investing in and serving this market for nearly 25
years and established strong positions there. Having one of our
corporate executive committee members based in Shanghai underpins our strong commitment to
further growth in China."
Air Products has been operating in China since 1987 and was one of the first
multinational industrial gas corporations to invest in the country.
With over 40 operating entities, 50 production facilities and 2,200
employees, the company has already established a strong market
position in China, serving a broad
range of industries. It also has established a number of regional
capabilities in China, including
an engineering center, a cryogenic manufacturing center, a
technology center and a strategic sourcing center.
Mr. Jones joined Air Products in 1992 and has since held various
executive leadership positions in the commercial and legal
organizations. Mr. Jones has served as senior vice president and
general manager of Global Tonnage Gases, Equipment and Energy since
2009 and has been a member of the company's corporate executive
committee since 2007 when he was named senior vice president,
general counsel and secretary. He holds a Bachelor of Science
degree in economics from Bloomsburg University, a Master of Business
Administration from Temple University,
and a law degree from the University of
Pennsylvania.
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. In fiscal 2010, Air Products had revenues of
$9 billion, operations in over 40
countries, and 18,300 employees around the globe. 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,
2010.
SOURCE Air Products