One Pack Systems (OPS)

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SOngWOn

the glObal Partner Of chOice

fOr POlymer additiveS

Songwon industrial co., ltd. has grown to become the second largest polymer stabilizer supplier in the world. founded in december 1965, Songwon comprises 17 companies including 2 joint ventures and 1 representative office, located in 9 different countries and 3 continents. Songwon is headquartered in Ulsan, korea, and operates 6 manufacturing facilities of which 3 are located in korea, 1 in germany, 1 in USa, 1 in china and in addition a manufacturing Jv plant in china. Songwon’s commitment is to deliver better quality, better service and better value in chemical additives, anticipating the needs and desires of its customers in the polymer industry. Songwon manufactures an unequaled portfolio of antioxidants and Uv stabilizers in a full range of physical forms; it is fully backward integrated in alkyl phenols and further integrated into isobutylene using proprietary technology to deliver the highest levels of quality and consis-tency backed by security of supply.

from a vision of success to a major regional polymer additives supplier

to a key global specialty chemicals player 1965 0 5 1975 15 1980 30 1985 60 1990 90 1995 200 2000 250 2005 400 2008 480 2010 540 2011 680 2012 Million US$ 2011 1076 plant Maeam Expansion of TPU production Acquisition Additive Technologies Greiz Thioester AO's

2006-2010

Maeam plant

Isobutylene back integration Isobutylene expansion Specialty AO's UV Stabilizers

1965-2005

Alkyl Phenol and Alkyl Cresol back integration Phenolic, Phosphite & Specialty AO's Metal soaps

Liquid Phosphites Bi-Functional Monomers Plasticizers and SAP

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SOngnOx

®

_OPS:

WOrld claSS technOlOgy

tO deSign a family Of valUe

added Stabilizer PackageS

in december 2011 Songwon acquired additive technologies greiz (atg), one of europe’s largest manufacturers of One Pack Systems (OPS) products for the polymer industry. the manufacturing plant is located in greiz (germany) and has produced dust free polymer additive packages since 2006.

following the acquisition of atg and its successful integration in Songwon’s processes, a capacity expansion in greiz was implemented which came on stream in July 2012, making this facility one of the biggest plants for OPS in the world. in addition Songwon established Songwon additive technologies ag. the partnership is the vehicle for the global OPS expansion activities and is the parent of atg. the first plant in the United States (houston) came on stream in may 2013 and will be followed by a production facility in the middle east scheduled for 2014.

Songnox®_{OPS is the unique fusion of world class antioxidants and Uv stabilizers from Songwon}

with state of the art OPS technology stemming from atg. this unique combination offers unlimited flexibility and versatility to provide tailor made blend compositions. OPS products combine several additives into an integrated dust free, pellet form.

Songwon’s OPS products are readily available under the Songnox® _{OPS brand; they are custom}

formulated and offer a number of key advantages such as uniformity and certified composition. the market for OPS has been enjoying consistent growth as compounders and polymer producers continuously search for added value and more efficient production technology. demand for Songnox®_{OPS has increased in applications which require highly dispersed}

additives that result in improved product performance.

Songwon global technical Service OPS center of excellence in greiz, germany

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One Pack SyStemS:

a variety Of innOvative and

tailOr-made additive cOmbinatiOnS,

backed by SecUrity Of SUPPly

OPS products combine several additives into an integrated dust free and robust pellet form reducing the handling of multiple materials to one single flow path. OPS compositions can be tailored to meet customers’ needs from a wide range of additive products. the pellets are homogeneous and highly accurate in their composition, allowing easy processing into a polymer matrix. due to their pre-dispersed consistency OPS brings greater assurance to the compounding process reducing quality control, eliminating overdosing and underdosing as well as enabling a cleaner and healthier working environment. OPS, due to their consistent accuracy, can be of particular value to a wide range of industries where end-use specifications are critical, removing the risk of human error during processing. they also benefit from the elimination of additional carrier materials often needed in production processes where separate powder additives are combined.

Songnox® OPS Product Range

• High melter blends

Processing at lower temperature and reduced sheer stress

• Low melter blends

tailored processing solutions

• Nucleator & clarifier blends improved re-dispersion

• Highly loaded UV blends

robust processing of oligomeric halS

• Blends including liquid components

combining powders and liquids into one durable pellet

• New developments

low dust powders and tablets

OPS compositions are tailor-made to meet customers’ needs from a wide range of additive products.

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OPS offer a unique combination of product and processing property enhancements. in a production process they deliver the highest quality levels at reduced cost. formulations are extremely accurate and consistent over the total process. contamination risks are severely reduced, as is the unknown element of human error. Quality control procedures can be reduced which in turn lower the need for manpower resources. improved quality reduces waste and downtime while simplified processing adds to potential cost savings. less equipment, less floor space, less energy, less maintenance and less manpower are coupled with reduced capital investment and overhead costs.

OPS pellets are largely dust free, thereby contributing to improved plant hygiene, reduced employee exposure and reduced risk of explosion for a healthier and safer work environment.

OPS offers:

• One simple flow path; handling is reduced to a minimum; multiple materials are combined into one single safe and easy to use product form.

• High abrasion resistance; robust pellets improve feeding and therefore flow properties, contributing to a more stable process.

• Improved flow properties; resulting in better feeding and conveying; sticking or clumping, often seen when multiple separate additive products are added, is reduced.

• Higher melting rate; easing the incorporation into polymers and improving dispersion as well as reducing the amount of additive used to reach the desired performance level. • Consistent composition; eliminating

under-dosing which leads to off-spec products and over-dosing which increases cost.

• Extended performance; liquid additives can be incorporated into the OPS pellets; Songwon proprietary OPS blends can contribute, for example, to reduced vOc emissions which can improve issues of odor and fogging during service life.

PerfOrmance SOngnOx® OPS:

a high QUality, rObUSt,

reliable PrOdUct

fOr trOUble free PrOceSSing

Powder blends _{Less overdosing}

optimizes performance and reduces costs

Under-dosing causes ‘Off Spec’ and enormous costs

No ‘Off Spec’ by OPS*

* Excluding Off Spec due to outside effects (e.g. polymer quality…)

OPS blends

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manUfactUring:

a clean and SimPle tailOred PrOdUct

fOr maximUm PerfOrmance

and minimUm cOSt

OPS are the end result of combining multiple additive chemicals into one single form. the additives are tailored to provide enhancement to a specific polymer in order to deliver specific performance results. the chemicals are weighed accurately in large volumes from silos and are fed into a fully automated mixing system. the resultant pellets are then packaged in a clean and dust free environment, ready for shipping.

at the customer, the OPS pellets are fed into the final extrusion process where they are easily dispersed with bulk polymer products, eliminating multiple powder material flows and the associated increased risk of mistakes and additional costs.

Customer benefits of OPS

• the OPS pellets are certified as to their composition for a robust and trouble free process with minimal quality control required.

• the pellets are dust free for a clean and healthy working environment.

• logistics, handling and packaging are reduced to a minimum creating less waste and using less space. • the pellets are not susceptible to moisture absorption

and do not compact or ‘cake’ during storage. • less capital equipment is required, using less energy,

reducing manpower and maintenance.

• higher levels of performance and significant cost savings can be achieved.

Raw material storage

Weighing

Mixing

Granulating

Filling

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Songwon has committed significant resources to ensure that its products are 100% compliant with all known regional and country specific regulations. the european Union introduced reach (regulation, evaluation and authorization of chemicals) in 2007, and reach pre-registration was achieved in 2008 for all Songwon’s products imported directly or indirectly into europe.

december 2010 was a critical deadline for reach product registration and Songwon has ensured that all the contributing elements, such as clP (classification, labeling and Packaging of substances and mixtures) have been put in place. this regulation aligns previous eU legislation on classification, labeling and packaging of chemicals to the ghS (globally harmonized System of classification and labeling of chemicals). the ghS is a United nations system to identify hazardous chemicals and to inform users about these hazards through standard symbols and phrases on packaging labels and through Safety data Sheets (SdS).

Songwon provides extensive information to its customers through a quarterly newsletter about the reach process, requirements, deadlines and developments. regular updates are given on the product registration process and customers can proceed with their business, safe in the knowledge that Songwon’s products will be 100% compliant on or before the given deadlines.

regUlatOry and reach:

SOngWOn, a leader in

regUlatOry cOmPliance

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technical Service

centerS Of excellence

Songwon’s qualified technical Service teams interface with customers and provide the first line of support. Songnox®_{OPS products will be served from the Songwon OPS center of excellence}

located in greiz (germany), forming part of the global network of technical centers within Songwon.

Our central lab in korea supports customers and regional technical service facilities with analytical and application expertise. Songwon’s new Product commercialization group has a proud record of successful new product delivery and is the interface between Songwon’s development activities and its customers.

all of these functions are supported by the Songwon r&d center in korea combined with a global network of r&d capabilities focusing on product and process development.

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SOngnOx® OPS 10

cUStOmer Service and lOgiSticS

glObal PreSence regiOnal execUtiOn

Songwon serves the major polymer producers and compounders from regional headquarters in Ulsan (korea), frauenfeld (Switzerland), houston (USa), Shanghai (china), tokyo (Japan), mumbai (india) and manama (kingdom of bahrain).

Our Supply chain model is designed to meet regional requirements and deliver excellent customer service through strategic regional distribution with Songwon support in downstream markets:

Asia:

Songwon stocking locations in korea, Japan and china, with stocking distributors in all major asian countries.

EMEA:

Songwon stocking locations in belgium, india and kingdom of bahrain with stocking distributors in all major european countries, russia, turkey and South africa.

Americas:

Songwon stocking locations in USa, canada and brazil with stocking distributors in north, central and South america.

Headquarters/Affiliates

Ulsan, Korea Frauenfeld, Switzerland Mumbai, India

Manama, Kingdom of Bahrain Shanghai, China Tokyo, Japan Houston, USA Manufacturing Ulsan, Korea Maeam, Korea Suwon, Korea Greiz, Germany Shanghai, China Tangshan, China Houston, USA Applications Ulsan, Korea Brussels, Belgium Technical service Ulsan, Korea Frauenfeld, Switzerland Manama, Kingdom of Bahrain Mumbai, India

Houston, USA

R&D

Ulsan, Korea

Sales / Distribution

Seoul / Busan, Korea Frauenfeld, Switzerland

Mumbai, India Manama, Kingdom of Bahrain Shanghai, China Tokyo, Japan Houston, USA Akron, USA Bangkok, Thailand Barcelona, Spain Bogor, Indonesia Bogotá, Colombia Brussels, Belgium Bucharest, Romania Budapest, Hungary Buenos Aires, Argentina Cairo, Egypt Caracas, Venezuela Cheshire, United Kingdom Dubai, UAE Hamburg, Germany Helsingborg, Sweden Ho Chi Min City, Vietnam Istanbul, Turkey

Jakarta, Indonesia Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Norwalk, USA Paris, France Prague, Czech Republic Quito, Ecuador Rotterdam, Netherlands Santiago, Chile Sao Paulo, Brazil

Santo Domingo, Dominican Republic Singapore, Republic of Singapore Sofia, Bulgaria

Teheran, Iran Tel Aviv, Israel Toronto, Canada Warsaw, Poland Vienna, Austria Zagreb, Croatia Logistic Hubs Ulsan, Korea Abu Dhabi, UAE Antwerp, Belgium Mumbai, India Shanghai, China Tokyo, Japan Houston, USA Akron, USA Columbus, USA Newark, USA Edmonton, Canada Mississauga, Canada Sao Paulo, Brazil Bangkok, Thailand Barcelona, Spain Bogor, Indonesia Bogotá, Colombia Bucharest, Romania

Buenos Aires, Argentina Caracas, Venezuela Cheshire, United Kingdom Hamburg, Germany Helsingborg, Sweden Ho Chi Min City, Vietnam Istanbul, Turkey Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Prague, Czech Republic Quito, Ecuador Santiago, Chile

Santo Domingo, Dominican Republic Singapore, Republic of Singapore

Headquarters/Affiliates

Ulsan, Korea Frauenfeld, Switzerland Mumbai, India

Houston, USA

R&D

Ulsan, Korea

Mumbai, India Manama, Kingdom of Bahrain Shanghai, China Tokyo, Japan Houston, USA Akron, USA Bangkok, Thailand Barcelona, Spain Bogor, Indonesia Bogotá, Colombia Brussels, Belgium Bucharest, Romania Budapest, Hungary Buenos Aires, Argentina Cairo, Egypt Caracas, Venezuela Cheshire, United Kingdom Dubai, UAE Hamburg, Germany Helsingborg, Sweden Ho Chi Min City, Vietnam Istanbul, Turkey

Jakarta, Indonesia Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Norwalk, USA Paris, France Prague, Czech Republic Quito, Ecuador Rotterdam, Netherlands Santiago, Chile Sao Paulo, Brazil

Teheran, Iran Tel Aviv, Israel Toronto, Canada Warsaw, Poland Vienna, Austria Zagreb, Croatia Logistic Hubs Ulsan, Korea Abu Dhabi, UAE Antwerp, Belgium Mumbai, India Shanghai, China Tokyo, Japan Houston, USA Akron, USA Columbus, USA Newark, USA Edmonton, Canada Mississauga, Canada Sao Paulo, Brazil Bangkok, Thailand Barcelona, Spain Bogor, Indonesia Bogotá, Colombia Bucharest, Romania

Buenos Aires, Argentina Caracas, Venezuela Cheshire, United Kingdom Hamburg, Germany Helsingborg, Sweden Ho Chi Min City, Vietnam Istanbul, Turkey Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Prague, Czech Republic Quito, Ecuador Santiago, Chile

Headquarters/Affiliates Ulsan, Korea

Frauenfeld, Switzerland Mumbai, India

Houston, USA

R&D Ulsan, Korea

Mumbai, India

Manama, Kingdom of Bahrain Shanghai, China Tokyo, Japan Houston, USA Akron, USA Bangkok, Thailand Barcelona, Spain Bogor, Indonesia Bogotá, Colombia Brussels, Belgium Bucharest, Romania Budapest, Hungary Buenos Aires, Argentina

Cairo, Egypt

Caracas, Venezuela

Jakarta, Indonesia Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru

Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Norwalk, USA Paris, France Prague, Czech Republic Quito, Ecuador Rotterdam, Netherlands Santiago, Chile Sao Paulo, Brazil

Teheran, Iran

Logistic Hubs Ulsan, Korea Abu Dhabi, UAE Antwerp, Belgium Mumbai, India Shanghai, China Tokyo, Japan Houston, USA Akron, USA Columbus, USA Newark, USA Edmonton, Canada Mississauga, Canada Sao Paulo, Brazil Bangkok, Thailand Barcelona, Spain Bogor, Indonesia Bogotá, Colombia Bucharest, Romania

Buenos Aires, Argentina Caracas, Venezuela Cheshire, United Kingdom Hamburg, Germany Helsingborg, Sweden Ho Chi Min City, Vietnam Istanbul, Turkey

Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru

Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Prague, Czech Republic Quito, Ecuador Santiago, Chile

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SOngnOx® OPS 11 Headquarters/Affiliates

Ulsan, Korea

Frauenfeld, Switzerland Mumbai, India

Houston, USA

R&D Ulsan, Korea

Mumbai, India

Manama, Kingdom of Bahrain Shanghai, China Tokyo, Japan Houston, USA Akron, USA Bangkok, Thailand Barcelona, Spain Bogor, Indonesia Bogotá, Colombia Brussels, Belgium Bucharest, Romania Jakarta, Indonesia Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru

Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Norwalk, USA Paris, France Prague, Czech Republic Quito, Ecuador Rotterdam, Netherlands Santiago, Chile Sao Paulo, Brazil

Logistic Hubs Ulsan, Korea Abu Dhabi, UAE Antwerp, Belgium Mumbai, India Shanghai, China Tokyo, Japan Houston, USA Akron, USA Columbus, USA Newark, USA Edmonton, Canada Mississauga, Canada Sao Paulo, Brazil Bangkok, Thailand

Buenos Aires, Argentina Caracas, Venezuela Cheshire, United Kingdom Hamburg, Germany Helsingborg, Sweden Ho Chi Min City, Vietnam Istanbul, Turkey

Johannesburg, South Africa Kuala Lumpur, Malaysia Lima, Peru

Melbourne, Australia Mexico City, Mexico Milano, Italy Moscow, Russia Prague, Czech Republic

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Salient

From the Latin Verb ‘salire’ to leap or leaping. As an adjective, meaning the most noticeable, prominent or important.

Salient SOngWOn, leaPing ahead in the WOrld Of POlymerS; a PrOminent

glObal SUPPlier Of chemical additiveS.

it is exclusively in individual written agreements that we provide our customers with warrants and representations as to the che-mical or technical specifications, compositions and/or the fitness for any particular purpose.

the facts and figures contained herein are carefully compiled to the best of our knowledge but they are essentially for informati-onal purposes only. We will not accept any liability whatsoever based on any information, reference or advice given in this or any similar publication of Songwon.

Songnox is a registered trademark of Songwon industrial co., ltd. Songw

on OPS

br

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v2-10-2013

www.songwon.com

Songwon Industrial Co., Ltd. 737-2, yochon-dong nam-gu 680-090 Ulsan, korea Songwon Holdings AG Walzmühlestrasse 48 ch-8500 frauenfeld Switzerland Songwon International AG Walzmühlestrasse 48 ch-8500 frauenfeld Switzerland

Songwon International-Americas, Inc. 1311 W Parkwood ave

friendswood, tx 77546 USa

Songwon International - India Pvt. Ltd. 701 - Purva Plaza

Shimpoli road borivali (West) mumbai 400092 india

Songwon International - Japan K.K. nishi-Shinbashi 1chome kawate building 8f, room 801 nishi-Shinbashi 1-5-8, minato-ku, 105-0003 tokyo Japan

Songwon China Ltd.

rooms 2202-03, 22/f, Wing On house 71 des voeux road, central

hong kong, china Songwon Trading Co. Ltd.

3rd floor, Unit 2, 159 tianzhou road Shanghai 200233

china

Songwon Chemicals Co. Ltd. no. 680 Shenfu road, Jiuting, Songjiang district

Shanghai 201615 china

Songwon Baifu Chemicals (Tangshan) Co. Ltd.

tangshan nanpu development zone South to ronghua road

tangshan, china

Chemservice Asia Co. Ltd.

Songwon building, 59-4, banpo 4-dong Seocho-gu 137-044

Seoul, korea

Songwon Additive Technologies AG Walzmühlestrasse 48 ch-8500 frauenfeld Switzerland Songwon-ATG GmbH heinrich-hertz-Strasse 10 de-50170 kerpen germany

Songwon Additive Technologies - Americas Inc.

1311 W Parkwood ave friendswood, tx 77546 USa

for more information, please contact: Songwon International AG Phone: +41 52 635 00 00 fax: +41 52 635 00 01