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March 26, 2003
FEROX AND AIR PRODUCS AGREED TO SIGN MULTI-YEAR EUROPEAN SUPPLY CONTRACT

Ferox a.s. a Chart Industries, Inc. company today announced that The Air Products Group in Europe, based in Hersham (UK), have agreed on new multi-year agreement for the supply of cryogenic storage equipment. The contract stipulates that Ferox will provide the majority of Air Products' European bulk storage tank requirements for atmospheric, carbon dioxide, electronic and hydrogen applications.

Managing this project were engineering teams from both Air Products and Ferox. Together they made a major effort to develop a successful partnership program. “The Ferox team worked to meet the expectations of Air Products on both technical and commercial issues,” said Jan Van Houwenhove, Sales and Marketing Manager for Ferox. “The renewal of this contract gives us the opportunity to build on our strong relationship with Air Products and to work together to continually provide new innovative products and support to the cryogenic and distribution markets.”

Peter Callingham, Air Products' Director of Energy and Materials, said, “In the years we have been working with Ferox they have delivered quality products on time and given a high level of after sales service. Of particular importance to us has been the continuing innovation of their product lines.”

Chart Industries, Inc. is a leading global manufacturer of standard and custom-built industrial process equipment primarily for low-temperature and cryogenic applications. Headquartered in Cleveland, Ohio, Chart has domestic operations located in 12 states and international operations in Australia, China, the Czech Republic, Germany and the United Kingdom.

Air Products (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. The company is the largest global supplier of electronic materials, hydrogen, helium and select performance chemicals. Founded in 1940, Air Products is recognized for its innovative culture, operational excellence and commitment to safety and the environment. With annual revenues of $5.4 billion and operations in 30 countries, the company’s 17,200 employees build lasting relationships with their customers and communities based on understanding, integrity and passion.

Contact:
Gerd Kirchgässner
Chairman, Ferox a.s.
00420-412-507 398

Previous News

>> February 25, 2003, Thermax - Ferox Alliance
>> December 2, 2002, Press Report: Liquefied Natural Gas
>> October 16, 2002, Ferox awarded Norwegian LNG orders
>> September 27, 2002, Thermax - Ferox Alliance

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