Bangkok Technical Conference Bangkok, Thailand 30 June, 2013

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1 Cost-Effective Alternative In PU Foam Applications Bangkok Technical Conference Bangkok, Thailand 30 June, 2013

2 ecomate: International Perspective, Trends & Developments

3 Outline ecomate Technology Review Market Sectors and Growth Market Challenges/Considerations Mature Foam Applications Availability

4 What is eco ecomate? ecomate is a technology based on methyl formate. It is a liquid physical blowing agent or foam expansion agent. An alternative with similar properties to HCFC-141b for rigid and flexible foam applications, among others. A proven, cost-competitive, and environmentally friendly long-term solution for diverse PU foam applications.

5 Properties & Comparison Properties ecomate HCFC 141b Boiling Point C Gas Lambda 25 C Molecular Weight Specific Gravity Flash Point -19 C None LEL (%vol) 5 7 Ozone Depletion Potential Global Warming Potential ~0 725 Boiling point nearly identical to HCFC-141b. About half required (molar basis) to blow same density foam compared to HCFC- 141b. Environmentally Friendly!

6 Market Sectors using ecomate Rigid Foams Flexible Integral Skin XPS

7 Growth Ecomate Growth per Annum As a result of ecomate growth: U s a g e ODP savings * : ~300 ODP tons ( m t ) (*May 2013) GWP savings * : ~2M tons CO 2 e *based on 2012 sales

8 Mature Foam Applications ecomate successfully transitioned in many foam applications including but not limited to: Commercial Refrigeration Discontinuous Panels & Blocks Integral Skins Spray foams

9 Why is ecomate successful? Compatible with all PU raw materials ecomate systems produced results similar or better than HCFC-141b. Meets or exceeds energy standards.

10 Why is ecomate successful? Can process through standard and/or existing equipment. No additional capital investment necessary. ecomate sold today on every continent to all major and emerging economies.

11 Note on Spray Foams Spray foams are worst-case scenario from a safety and emissions perspective. ecomate systems proven safe to use by several third party agencies. No changes needed.

12 Trends & Developments Numerous trials are being conducted across the globe for replacing 141b in continuous PUR and PIR line applications. ecomate is a near drop-in replacement Strong emerging potential in boardstock industry. ecomate as a co-blowing agent with HCs to improve foam properties. Used as sole blowing agent to replace existing 141b systems.

13 Considerations Not a drop-in replacement for all systems. NO blowing agent is truly a drop-in replacement. NO blowing agent is truly a drop-in replacement. ecomate has a stronger solubility than other BAs. Optimization is required just as with any other blowing agent

14 Considerations Neat ecomate= Flammable. System House Concern. Ecomate System = Combustible SMEs handle as they do today [141b].

15 Considerations ecomate is not a corrosive species. ecomate stored and shipped in metal containers! Potential issues at SMEs arise from: Unoptimized system Improper use of equipment. Plastic seal compatibility must be checked!

16 Considerations Commercial Technology transition costs: Capital Costs Operating Costs

17 Considerations Commercial Switching to ecomate incurs minimal cost. How does transitioning affect the SME? HCFC-141b blown system pbw Raw Mat. Cost System cost polyol blend 100 $ 2.50 $ ba 141b 15 $ 2.40 $ pmdi 120 $ 2.20 $ total 235 $ 2.34 $ ecomate blown system pbw Raw Mat. Cost System cost polyol blend 100 $ 2.50 $ ba ecom ate 7 $ 3.00 $ pm di@ $ 2.20 $ total 247 $ 2.34 $

18 Conclusions ecomate is environmentally safe: Meets Montreal Protocol Regulations. Meets Kyoto Protocol Regulations. Save ~1 Mt CO 2 e / kg ecomate used. ecomate is cost competitive: Cost efficient foam blowing Reduced Costs over HFCs, HFOs. Minimal Capital Expense - Fractional versus HC Technology. Changes to existing production are minimal to none.

19 Conclusions ecomate is a versatile Blowing Agent: Compatible in all PU raw materials. Thermally efficient Blowing Agent. ecomate is a proven technology: Commercially sold for over a decade! Meets demands of diverse markets. Used in Article 5 countries today.

20 Availability Worldwide Multiple Source Supply: NO LICENSING REQUIRED!

21 Thank you for your time.

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