COATINGS ALKYD POLYESTERS POLYOLS FOR POLYURETHANES POLYMERIC RESINS

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1 COATINGS ALKYD POLYESTERS POLYOLS FOR POLYURETHANES POLYMERIC RESINS 1 // NATUREWORKS PERFORMANCE CHEMICALS

2 ALKYD POLYESTERS CREATING PERFORMANCE THROUGH CHEMISTRY Building upon decades spent advancing materials chemistry innovation, NatureWorks offers solutions based on lactides and lactide intermediates that help innovators within the coatings, adhesives, sealants, and elastomers (C.A.S.E.), toner and surfactant industries realize: Significant, measurable product performance benefits Move through the R&D process more efficiently and with minimal risk Decrease systems costs via an optimized supply chain ALKYD POLYESTERS CUSTOM SOLUTIONS FOR COATINGS Using Vercet lactides as a component in your resins enables unique properties including a new way of creating low VOC solvent-borne coatings for substrates such as wood and metal. COATINGS SUBSTRATES MARKETS PEFORMANCE BENEFITS Wood Metal Anti-corrosion layers Primers Furniture Flooring Architecture Decorative Low viscosity alkyds for lower VOC s Improved flexibility Excellent substrate adhesion Superior abrasion resistance Improved ethanol spot resistance Pigmentable Renewably-sourced building block 2 // NATUREWORKS PERFORMANCE CHEMICALS

3 LACTIDES POLYOLS RESINS We achieve this by coupling tunable Vercet lactidebased chemistries with the knowledge of scientists and engineers who understand how to dial in the full capabilities of this versatile product line. PROPERTIES VERCET MEDIUM OIL LENGTH ALKYDS PROPERTY CONTROL 25% VERCET LACTIDE CAP Viscosity [mpa*s, 95 C] Solution Viscosity [60% Solids, mpa*s] Cross Hatch Adhesion [0-5, best to worst] Mandrel Bend [mm] Impact 500g [cm, reverse/front] Persoz Hardness [30 day cure, glass = 100%] 24 Hr Water Spot Testing [0-5, best to worst] 7, , < 3 < 5/10 40/ Wt% Phthalic Anhydride Wt% Penterythritol Wt% Tall Oil Fatty Acid Acid Value (mg-koh/g) Alkyds coated from 60% solids from Varsol 40 / Xylene 80/20 onto clean degreased steel. Tri-metal drier, approximate DFT ~40μm. VERCET.NATUREWORKSLLC.COM // 3

4 MEASURABLE PERFORMANCE LOW VOC'S FROM REDUCED COATING VISCOSITY SOLUTION VISCOSITY [60% solids, mpa*s] 16,000 14,000 12,000 10,000 8,000 6,000 4,000 60% 2,000 70% 0 80% -2,000 CONTROL 7.5% VERCET LACTIDE 15% VERCET LACTIDE 25% VERCET LACTIDE SOLUTION VISCOSITY 14,500 5,760 4, REFERENCE 60% 70% 80% 4 // NATUREWORKS PERFORMANCE CHEMICALS

5 MEASURABLE PERFORMANCE MECHANICAL PROPERTIES DRYING ABRASION 2 HARDNESS 1 ADHESION VISCOSITY CONTROL IMPACT 25% VERCET LACTIDE CONTROL 25% VERCET LACTIDE DRYING TIME [THROUGH DRY, 2000g] 1 DAY 7 DAYS PERSOZ PENDULUM HARDNESS [%] 20 DAYS DAYS IMPACT RESISTANCE, REVERSE/FRONT [cm] < 5/10 40/100 ADHESION TO OAK PULL OFF [MPa] TABER ABRASION [mg-loss] Cycles, CS-10 wheel type, 1000g, 60 RPM VERCET.NATUREWORKSLLC.COM // 5

6 MEASURABLE PERFORMANCE RESISTANCE TO STAINING & BLISTERING WATER 5 4 CONTROL 25% VERCET LACTIDE 3 ACETONE 2 1 ETHANOL SUNFLOWER OIL RED WINE WATER CONTROL 25% VERCET LACTIDE 3 HR HR 0 0 RED WINE 3 HR HR 0 0 SUNFLOWER OIL 3 HR HR 0 0 ETHANOL [95%] 3 HR HR 5 2 ACETONE 3 HR HR 5 5 [0-5, best to worst] 6 // NATUREWORKS PERFORMANCE CHEMICALS

7 POLYOLS FOR POLYURETHANES CREATING PERFORMANCE THROUGH CHEMISTRY Building upon decades spent advancing materials chemistry innovation, NatureWorks offers solutions based on lactides and lactide intermediates that help innovators within the coatings, adhesives, sealants, and elastomers (C.A.S.E.), toner and surfactant industries realize: Significant, measurable product performance benefits Move through the R&D process more efficiently and with minimal risk Decrease systems costs via an optimized supply chain POLYOLS FOR POLYURETHANES CUSTOM SOLUTIONS FOR COATINGS & ADHESIVES Using Vercet polyester polyols for polyurethanes enables unique properties including excellent grease and oil resistance for both adhesive and coating applications. COATINGS ADHESIVES SUBSTRATES MARKETS SUBSTRATES MARKETS Wood Metal Cements Ceramics Furniture Flooring Architecture Decorative Wood Wood Laminates Metal Mixed Substrates Furniture Flooring Nonwovens / Hygiene Foams Electronics Packaging: Rigid & Flexible PEFORMANCE BENEFITS PEFORMANCE BENEFITS Excellent oil, grease, and solvent resistance High hardness polyurethanes Controlled functionality Controlled viscosity (hydroxyl values mg-koh/g) Low haze Solvent-borne & hot melt coatings Tailored open times and work-life Excellent solvent resistance Solvent-borne & hot melt adhesives Renewably-sourced building block 7 // NATUREWORKS PERFORMANCE CHEMICALS

8 LACTIDES POLYOLS RESINS We achieve this by coupling tunable Vercet lactidebased chemistries with the knowledge of scientists and engineers who understand how to dial in the full capabilities of this versatile product line. PROPERTIES VERCET POLYOLS Grade Tg [ C] F 100 C [Pa*s] OHV 1 [mg-koh/g] AV 2 [mg-koh/g] P1025X P2040X P2025X P2140X P2125X P3025X OHV Hydroxyl Value as determined by ASTM E AV Acid Value as determined by internal method POLYURETHANES FORMULATED WITH VERCET POLYOLS Polyurethane with Polyol Wt% - Polyol / MDI 1 1,2 PG Polyol OHV 1 [mg-koh/g] Gel Time [sec] 120 C Hardness 2 [Shore A / D] Tg/Tm 3 Resiliency 4 Water Pickup 5 P2040X 85.3 / 12.5 / / 72 Tg C % P2140X 84.8 / 13.6 / / 71 Tg C % Control (Based on AA-HDO) 86.6 / 11.6 / / 33 Tm peak 55 C % 1. OHV Hydroxyl Value as determined by ASTM E Hardness as determined by ASTM DSC mid-point, 20 C/min, 2nd heat 4. Resiliency as determined by ASTM D Immersion testing, 8 days at 25 C VERCET.NATUREWORKSLLC.COM // 8

9 MEASURABLE PERFORMANCE VERCET-BASED POLYURETHANE SOLVENT RESISTANCE: 10 DAY SWELL VALUES WT% SOLVENT PICK-UP 16% 14% 12% 10% 8% 6% 4% 2% 0% Not equilibrated after 10 days Not equilibrated after 10 days -2% IRM 903 OIL CANOLA OIL N-HEXANE ETHANOL WATER CONTROL 10.00% 4.50% 1.50% 8.10% 0.60% P2040X -0.20% 0.20% 0.60% 13.90% 0.90% P2140X 0.10% 0.00% 0.10% 12.00% 1.00% Wt% data collected 68 C 9 // NATUREWORKS PERFORMANCE CHEMICALS

10 HOT OIL SWELL SHOWS EXCELLENT OIL RESISTANCE WT% CANOLA OIL PICK-UP 68 C 4 3 Wt% Pick-up Control P2040X 2 P2140X Time (Days) WT% IRM 903 OIL PICK-UP 68 C 8 Wt% Change Control P2040X P2140X 0-2 Time (Days) VERCET.NATUREWORKSLLC.COM // 10

11 MEASURABLE PERFORMANCE HIGHER MODULUS, INCREASED STABILITY WITH TEMPERATURE 1E+10 1E+09 1E E+07 1E+06 1E+05 Storage Modulus (Pa) Temp ( C) Tg ( C, DSC) Tg ( C, DMA) E' (MPa, 30 C) E' (MPa, 35 C) E' (MPa, 45 C) E' (MPa, 50 C) CONTROL Tm (onset) P2040X P2140X ASTM Method D point bend fixture heated 3 C per minute. EXCELLENT HARDNESS AT LOW MDI CONTENT CONTROL P2040X % 23% P2140X % 14% Shore A Shore D // NATUREWORKS PERFORMANCE CHEMICALS ASTM Method Measured after 4 weeks.

12 HYDROLYSIS RESISTANCE No significant change to mechanical properties after humidity exposure. POLYURETHANES FLEXURAL PROPERTIES INITIAL 90 POLYURETHANES FLEXURAL PROPERTIES 7 DAYS HYDROLYSIS, 95% RH Flexural Stress (MPa) Flexural Stress (MPa) % Strain 10 % Strain P2040X P2140X P2040X P2140X VERCET.NATUREWORKSLLC.COM // 12

13 POLYMERIC RESINS CREATING PERFORMANCE THROUGH CHEMISTRY Building upon decades spent advancing materials chemistry innovation, NatureWorks offers solutions based on lactides and lactide intermediates that help innovators within the coatings, adhesives, sealants, and elastomers (C.A.S.E.), toner and surfactant industries realize: Significant, measurable product performance benefits Move through the R&D process more efficiently and with minimal risk Decrease systems costs via an optimized supply chain POLYMERIC RESINS CUSTOM SOLUTIONS FOR SOLVENT-BORNE COATINGS & HOT MELT ADHESIVES Using Vercet resins for coatings & adhesives enables unique properties including a tunable work-life, more end-of-life options, excellent adhesion, and low dispensing temperatures for substrates such as fiber board, paper food packaging, and woods. COATINGS ADHESIVES SUBSTRATES MARKETS SUBSTRATES MARKETS Wood Wood Laminates Paper Metals Textiles Flexible Packaging Food Service Architectural (Decorative) Wood Wood Laminates Paper Metals Flexible Packaging Packaging - Carton and Case Seal PEFORMANCE BENEFITS PEFORMANCE BENEFITS Excellent oil, grease, and solvent resistance Great heat seal More end-of-life options including recycling and composting Renewably-sourced building block Tunable work-life (seconds to minutes) Low dispensing temperatures Tunable viscosity Excellent adhesion to wood, paper, & plastic Renewably-sourced building block 13 // NATUREWORKS PERFORMANCE CHEMICALS

14 LACTIDES POLYOLS RESINS We achieve this by coupling tunable Vercet lactidebased chemistries with the knowledge of scientists and engineers who understand how to dial in the full capabilities of this versatile product line. PROPERTIES VERCET CHEMISTRY FOR TUNABLE SET TIME, STRENGTH & WORK-LIFE Sample DSC - Midpoint Tg Range [ C] Melt Viscosity [η Pa-sec, 150 C] Solubility in Ethyl Acetate 15% Solids 30% Solids 50% Solids Viscosity at 30% Solids 1 [MPa*s] # # # x Calculated from DIN 4 viscosity measurement using density of 1.01 g/ml. 2. AV Acid Value as determined by ASTM D4662 CANOLA OIL ON COATED PAPER NO COATING VERCET COATING VERCET.NATUREWORKSLLC.COM // 14

15 BENIGN BY DESIGN REDUCING VOLATILITY IN PRICING THROUGH ALTERNATIVE FEEDSTOCKS Renewably-sourced Vercet lactide-based products bring sensible, elegant, and cost-effective solutions based squarely on the principles of green chemistry to supply chains that, until now, were coupled with traditional fossil-petroleum solutions and their inherent price volatility Prices re-based to Petrochemical Feedstocks Vercet Feedstock 15 // NATUREWORKS PERFORMANCE CHEMICALS

16 HOW CAN WE HELP YOU? To learn more about Vercet custom solutions, please contact a member of our Performance Chemicals team. BRIAN GLASBRENNER COMMERCIAL MANAGER +1 (952) brian_glasbrenner@natureworksllc.com BILL COGGIO APPLICATION AND TECHNOLOGY MANAGER +1 (952) bill_coggio@natureworksllc.com vercet.natureworksllc.com Vercet and the Vercet logo are trademarks or registered trademarks of NatureWorks LLC in the USA and other countries NatureWorks LLC. All rights reserved. 16 // NATUREWORKS PERFORMANCE CHEMICALS

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