Introducing StarChem

2018

Presentation Highlights

• Star Holdings§ StarChem

§ Market Applications

§ Product Portfolio

§ Capabilitieso Wellford, US

o Dalton, US

o Honduras

o Columbia

o Canada

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Star Holdings

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Production sites Wellford, SCDalton, GAChaloma, HondurasMedellin, Colombia

Sales officesToronto, ONMedellin, Colombia

Sales North AmericaCentral- and South AmericaEuropeMiddle East and AfricaAsia

Warehouse &BlendingEdmonton, AB

Star Holdings

• Family owned

• Chemical manufacturing

• Chairman: Charles Cofield

• CFO: Kevin Harris

Companies

•President: Ralph Boe

• Specialty chemicals

• Carpet, Aviation and Automotive

• President: Peter Chetcuti

• Surfactants, Silicones and specialty chemicals

• Textiles, Oil & Gas, Consumer Care, Chemical Intermediates

StarChem History

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Business Overview

Markets• Textiles & Nonwovens• Oil & Gas• Consumer Care (HI&I / Personal Care)• Pulp & Paper• Chemical Intermediates

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Production Technologies• Esterification • Quaternization• Oxidation• Polymerization• Phosphonation• Sulfation• Emulsification & Homogenization• Flaking, Compounding, Dispersing & Blending

38%

33%

12%

8%9%

2017 US Sales by Market

Textiles

Chemical Intermediates

Oil & Gas

HI&I

Custom Manufacturing

48%

26%

12%

8% 6%

2017 Global Sales by Market

Textiles

Chemical Intermediates

Oil & Gas

HI&I

Custom Manufacturing

Chemistry Groups

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• Quaternary Compounds (Alkyl Pyridine-, BzCl-, MeCl-, Silane-, Sulfate- and other Quats)

• Imidazolines

• Triazines• Amphoterics (Betaines, Sulfobetaines, Hydroxysultaines, and Amine Oxides etc.)

• Fatty Amides

• Sulfation (batch reaction with Sulfamic Acid)• Phosphate Esters and Phosphonates

• Siloxanes, organo-modified Siloxanes and Siloxane Emulsions

• Anionic Surfactants and Formulated Surfactants• DOSS (Dioctyl Sulfosuccinates)

• Ethylene Urea, Specialty Additives & various other Chemicals

• Wax Emulsion- (Polypropylene, Polyethylene, and Paraffin)

Wellford – Process Technology

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• Distillation§ Vacuum < 10 mm§ High temperature ~ 300 °C§ Esterifications up to 300 °C

• Flaking

• Quaternization

• Homogenization (high pressure & high shear)

• Polymerization§ Solution§ Condensation§ Melamine-urea / HCHO§ Urea/EDA adducts§ Amino silicones

• Emulsification & homogenization

• High pressure wax emulsions

• Mix blend capabilities

• StarChem Corporate HQ• R&D Group and Formulation Lab• Management Team

Wellford – Production Capability

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• 23 vessels (volumes ranging 50 – 6,000 gallons)§ 13 vessels are mixing vessels§ 10 stainless steel reactors

o Most reactors equipped w/ condensers and receiverso 1 glass lined reactor (4,000 gal) equipped with condensers and receiverso 2 stainless steel reactor equipped with hot oil/ 295o C

• 2 Pilot Plant Vessels§ 1 GL Reactors/ 1 SS Reactor

• Drum Flaker

Wellford – Bulk Storage Capability

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• 100 bulk liquid storage tanks • Sized from 2,000 to 20,000 gallons. • Steel, stainless steel, aluminumn, FRP construction• Pressures rated up to 350 psig• Storing of high melting point liquids.

• On-site biological WWTP discharging to a POTW• EPA registered site• NPDES permit • Air pollution control technology• Active Process Safety Management (PSM) Program• Class 1 Div. 2 site. (explosion proof)• FIFRA certified site

Other Information

Dalton – Overview

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• On-site rail access

• 15 Storage Tanks§ Ranging from 2,500 gallons – 10,000 gallons

• 15 stainless steel vessels§ Mixing capability ranging from 2,500 – 10,000 gallon§ One high shear 6,000 gallon capacity§ Two high shear vessels with heating/cooling of 2,500 gallon

• High speed drumming line

Canada, Honduras and Colombia

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StarChem Honduras - Overview

StarChem Canada- Overview• Sales & Marketing

• Regulatory EH&S Support

• 3rd Party Distribution & Logistic CentersWarehouse & Bulk StorageToll Manufacturing and blending in: Edmonton, AB

• On-Site Sales & Marketing

• Customer Service & Technical Service

• Mixing capability ranging from 250 – 750 gallon

• High shear vessel with heating and cooling

• 4 stainless steel vessels

• 20,000 ft2 Warehouse

StarChem Colombia - Overview• Started January 2015

• Sales & Marketing

• Technical Service

• Simple reactions

• Blending

• Warehouse