SHAIC INTERNATIONAL CO.

SHAIC International CompanyTel. : +82-55-342-0401 Fax : +82-55-342-0403

URL : http://www.shaic.com E-mail : sales@shaic.comAddress : No. 316-6, Bonsan, Jinyoung, Kimhae-City, Kyungnam, Korea

SHAIC International CompanyTel. : +82-55-342-0401 Fax : +82-55-342-0403

URL : http://www.shaic.com E-mail : sales@shaic.comAddress : No. 316-6, Bonsan, Jinyoung, Kimhae-City, Kyungnam, Korea

COMPANY PROFILECOMPANY PROFILE

SHAIC INTERNATIONAL CO.

SHAIC INTERNATIONAL CO.

TABLE CONTENTSTABLE CONTENTS

Introduction of SHAIC

Organization

Quality Assurance Certificate

Integrated Cooperation Scheme

Manpower Organization

Major Experiences

Reference List

SHAIC INTERNATIONAL CO.

INTRODUCTION OF SHAIC

INTRODUCTION OF INTRODUCTION OF SHAICSHAIC

Sam Hwan Anti-Corrosion Industrial Co. (SHAIC) is the leading company manufacturing the anti-corrosion materials for gas, oil & water pipelines.

We specialize in producing & exporting heat shrinkable sleeve for welded joint of oil, gas pipes and coating tapes for water pipeline. To meet customers needs, we always develop the various corrosion protection materials in onshore & offshore.

Our worldwide sales network system provides customers with good quality services & information in technical support & corrosion protection industry.With the continuous research & investment, we make an effort to advance in technology and develop new products.

Supplying the various products with competitive price, we are expending our business area abroad. We promise to be the most trusted company in corrosionprotection industry.

SHAIC INTERNATIONAL CO.

SHAIC At a GlanceSHAIC At a GlanceSHAIC At a GlanceYear Established

Number of Employees

Business Focus

1987

30

Girth Weld Coating

Coating Repair

Coating of Fitting

Manufacturing Items Heat Shrinkable TapeHeat Shrinkable Sleeve

Heat Shrinkable Tube

Polyethylene Anti-Corrosion Tape

Petrolatum Tape

P.V.C. Firm Tape

INTRODUCTION OF SHAIC

INTRODUCTION OF INTRODUCTION OF SHAICSHAIC

SHAIC INTERNATIONAL CO.

Production CapacityProduction CapacityProduction CapacityINTRODUCTION OF

SHAICINTRODUCTION OF INTRODUCTION OF

SHAICSHAICPRODUCTSPRODUCTS MaximumMaximumCapacityCapacity

EstimatedEstimated2009 year2009 year

SHAIC HT-330Heat Shrinkable Tape 1,162 ton 835 ton

SHAIC HT-340Heat Shrinkable Sleeve

SHAIC HT-350Heat Shrinkable Tube

SHAIC AC-700P.E. Anti-Corrosion Tape

SHAIC PT-310Petrolatum Tape

2,300 ton 1,728 ton

315 ton 274 ton

2,178 ton 1,829 ton

605 ton 446 ton

SHAIC INTERNATIONAL CO.

Financial HighlightsFinancial HighlightsFinancial HighlightsINTRODUCTION OF

SHAICINTRODUCTION OF INTRODUCTION OF

SHAICSHAIC

Turn Over

Unit : in million US $

1

2

3

4

2000 2002 2004 2006 2008

5

SHAIC INTERNATIONAL CO.

KimhaeTehran

Ankara

LouisianaTaiwan

Beijing

CaracasBangkok

Milan

Tel A Viv

Buenos AiresJohannesburg

Kuala Lumpur

Cairo

A Sales NetworkA Sales NetworkA Sales NetworkINTRODUCTION OF

SHAICINTRODUCTION OF INTRODUCTION OF

SHAICSHAIC

HoChiMinhDelhi

JakartaKuwait

Damascus

SHAIC INTERNATIONAL CO.

ORGANIZATIONORGANIZATIONORGANIZATION

PresidentPresident

Administration Dept.Administration Dept.

Sales Dept. Production Dept. QC Dept. Accounting Dept.

Oversea BusinessDomestic BusinessOversea BusinessDomestic Business

Production ControlSchedule ControlProduction ControlSchedule Control

Quality ControlQuality Assurance R & D

Quality ControlQuality Assurance R & D

AccountingFinancingAccountingFinancing

SHAIC INTERNATIONAL CO.

Quality ASSURANCECERTIFICATE

Quality ASSURANCEQuality ASSURANCECERTIFICATECERTIFICATE

Registered to ISO 9001Registered to ISO 9001 Registered to ISO 14001Registered to ISO 14001 NAPCA MembershipNAPCA Membership

National Association ofPipe Coating Applicators

SHAIC INTERNATIONAL CO.

INTERGRATED COOPERATION SCHEME

INTERGRATED COOPERATION INTERGRATED COOPERATION SCHEMESCHEME

Sales Dept.

Production Dept.

Products

Quality Control Dept.

Project Development Feasibility Study Contract Financing

Procurement & Inspection Quality Control Quality Assurance Product Development

Purchasing Production

SHAIC INTERNATIONAL CO.

MANPOWER ORGAZATIONMANPOWER MANPOWER

ORGAZATIONORGAZATION

66%10%

7%

10%7%

Production

Sales

Accounting

Quality Control

Others

MANPOWER MANPOWER ORGANIZATIONORGANIZATION

SHAIC INTERNATIONAL CO.

ChinaChinaChinaMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

CangzhwCangzhw Tianjin Tianjin YanshanYanshan Crude Oil Pipeline ProjectCrude Oil Pipeline ProjectClient : China Petroleum & Chemical CorporationClient :Client : China Petroleum & Chemical Corporation

Products :Products :SHAIC HS-340(Heat Shrinkable Sleeve)

Terms of Construction :Terms of Construction :6 Months (2001 Year)

Services :Services :Crude Oil Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :22 Diameter of 76 Km16 Diameter of 175 Km

SHAIC INTERNATIONAL CO.

IranIranIranMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

EghlidEghlid Pipeline ProjectPipeline ProjectClient : National Iranian Water DepartmentClient :Client : National Iranian Water Department

Products :Products :SHAIC AC-700(Polyethylene Anti-Corrosion Tape)

Terms of Construction :Terms of Construction :5 Months (2001 Year)

Services :Services :Water Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :28~40 Diameter of 50 Km

SHAIC INTERNATIONAL CO.

ThailandThailandThailandMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

MWA ProjectMWA ProjectClient : Metropolitan Waterworks AuthorityClient :Client : Metropolitan Waterworks Authority

Products :Products :SHAIC AC-7100(Polyethylene Anti-Corrosion Tapefor joint wrap coatings)

Terms of Construction :Terms of Construction :4 Months (2001 Year)

Services :Services :Water Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :12~48 Diameter of 4 Km

SHAIC INTERNATIONAL CO.

U.S.A.U.S.A.U.S.A.MAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

ConoceConoce Louisiana & south Texas Oil Pipeline ProjectLouisiana & south Texas Oil Pipeline ProjectClient : Conoco & Texas Oil Corp.Client :Client : Conoco & Texas Oil Corp.

Products :Products :SHAIC HS-340(Heat Shrinkable Sleeve)

Terms of Construction :Terms of Construction :4 Months (2002 Year)

Services :Services :Crude Oil Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :12 Diameter of 75 Km

SHAIC INTERNATIONAL CO.

TurkeyTurkeyTurkeyMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

BORU HATTI Gas Pipeline ProjectBORU HATTI Gas Pipeline ProjectClient : BOTAS Petroleum Pipeline Corp.Client :Client : BOTAS Petroleum Pipeline Corp.

Products :Products :SHAIC HS-340(Heat Shrinkable Sleeve)

Terms of Construction :Terms of Construction :6 Months (2002 Year)

Services :Services :Gas Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :3~20 Diameter of 115 Km

SHAIC INTERNATIONAL CO.

TaiwanTaiwanTaiwanMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

TPC Pipeline ProjectTPC Pipeline ProjectClient : Taiwan Power CompanyClient :Client : Taiwan Power Company

Products :Products :SHAIC AC-700(Polyethylene Anti-Corrosion Tape)

Terms of Construction :Terms of Construction :4 Months (2002 Year)

Services :Services :Water Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :14 Diameter of 48 Km

SHAIC INTERNATIONAL CO.

TurkeyTurkeyTurkeyMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

BOTAS Mainline Gas Pipeline ProjectBOTAS Mainline Gas Pipeline ProjectClient : BOTAS Petroleum Pipeline Corp.Client :Client : BOTAS Petroleum Pipeline Corp.

Products :Products :SHAIC HS-340(Heat Shrinkable Sleeve)

Terms of Construction :Terms of Construction :12 Months (2003 Year)

Services :Services :Gas Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :40 Diameter of 200 Km

SHAIC INTERNATIONAL CO.

IranIranIranMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

AghajariAghajari Gas Injection ProjectGas Injection ProjectClient : National Iranian Oil Company.Client :Client : National Iranian Oil Company.

Products :Products :SHAIC HS-3401(Three Layer Heat Shrinkable Sleeve)

Terms of Construction :Terms of Construction :12 Months (2004 Year)

Services :Services :Crude Oil Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :20 Diameter of 70 Km

SHAIC INTERNATIONAL CO.

IranIranIranMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

DoustiDousti Dam Pipeline ProjectDam Pipeline ProjectClient : SAFATOOS Pipe & Profile Mills Co.Client :Client : SAFATOOS Pipe & Profile Mills Co.

Products :Products :SHAIC HS-3401(Three Layer Heat Shrinkable Sleeve)

Terms of Construction :Terms of Construction :12 Months (2005 Year)

Services :Services :Water Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :80 Diameter of 120 Km

SHAIC INTERNATIONAL CO.

LibyaLibyaLibyaMAJOR EXPERIENCESMAJOR EXPERIENCESMAJOR EXPERIENCES

Great ManGreat Man--Made river ProjectMade river ProjectClient : Al Nahr Co., Ltd. (ANC)Client :Client : Al Nahr Co., Ltd. (ANC)

Products :Products :SHAIC HS-340(Heat Shrinkable Sleeve)

Terms of Construction :Terms of Construction :12 Months (2005 Year)

Services :Services :Water Pipeline

Pipe Sizes & Length :Pipe Sizes & Length :80Diameter of 19 Km for Ductile Pipe

SHAIC INTERNATIONAL CO.

REFERENCE LISTREFERENCE LISTREFERENCE LISTSouth KoreaSeoul/Busan Gas Pipeline ProjectSK-EnronGang-won City GasGu-mi City GasKyung-Ju City GasChung-Nam City GasPo-hang City GasBusan City GasHae-yang City GasDo-an EngineeringHan-vi EngineeringSamsung constructionHyundai constructionKumho constructionKwang san plantP-X Expansion ProjectBun-Dang Power PlantTae-An Power PlantCOREX PlantNCC ProjectChung-Ju POL ProjectKOWACO ProjectKEPCO ProjectKOLAND ProjectChung-Ju Airport ProjectIn-Cheon International Airport ProjectKim-Po Airport ProjectKimhae Airport ProjectChung-Ju Airport Project

TaiwanCPC ProjectTPC ProjectVietnamPetro Vietnam, PTSC ThailandMWA Project

TurkeyBOTASCan Canakkale Natural Gas Pipeline ProjectBORU HATTI ProjectIGDAS, IstanbulExpantion of Ankara City Distribution PipelinePower Station Gas Supply PipelineNatural Gas Distribution PipelineManisa Industrial Zone Gas Distribution ProjectKayseri Industrial Zone Gas Distribution ProjectLirikkale Kirsehir Yozgat Gas Distribution ProjectU.S.A.Petro-Source, TexasNewfield Exploration, TexasStone Energy,Louisiana & TexasConoco, Louisiana & South TexasOcean Energy, LouisianaLLOG Exploration, LouisianaMustang Engineering, TexasLouisiana Pipeline Company, LouisianaCoastal Oil and Gas, Louisiana

BangladeshBakhrabad Gas Project

ChinaFormosa Plastics ProductsCangzhou Tianjin YanshanCrude Oil Pipeline Project

IndiaDajar Project

IranEghlied ProjectOre & Ammoniac ProjectPET 1 & PET 2 Project4th Aromatic ProjectImam Khomaini Airport Project NIGC of OromiehNGL-1200 projectMaroon project

IsraelAVROT Industries

ItalyRACI s.r.l.Traital s.r.l.

MexicoPEMAX