GRACE Latest Advanced Catalyst Innovations for ...

1 Company Confidential GRACE Latest Advanced Catalyst Innovations for polypropylene production Yogesh Mishra Business Manager South, SE Asia & ANZ 16th International Conference INDIAN Petrochem - 2014 Mumbai, India Company Confidential Outline 2 INDIAN Petrochem - 2014 About GRACE Global PP market trends and presentation objectives Technology drives Showcases Summary Company Confidential 24% 6% 6% 21% 12% 31% 33% 27% 40% GRACE Fast Facts (NYSE: GRA) True Speciality chemicals business High value product portfolio Strong franchises in large, global markets Global leadership positions Number 1 or 2 in over 70% of 2013 sales 2013 GRACE Sales 2013 GRACE Sales by Region $ billion $ billion catalysts Technologies Construction Products Materials Technologies North America Western Europe Eastern Europe Middle East & Africa Asia Pacific Latin America catalysts Technologies #1 in FCC catalysts #1 in resid hydroprocessing catalysts #1 in independent polyethylene catalysts #1 in independent polypropylene catalysts Materials Technologies #1 in Speciality silica gel #1 in can sealants Construction Products #1 in cement additives #2 in concrete admixtures 3 INDIAN Petrochem - 2014 Company Confidential GRACE Polyethylene Catalyst Portfolio MAGNAPORE and Cr-based catalysts Industry-leading pipe

2 Resin Catalyst Strong history of performance in loop process New products for gas phase processes Ziegler-Natta PE catalysts HD and LLDPE technologies Commercial offerings for loop, gas phase, and CSTR processes Customer-specific catalysts Single Site catalysts Integrated solutions provider Finished supported catalysts Metallocenes, ligands and borate co- catalysts Silica supports INDIAN Petrochem - 2014 Company Confidential GRACE polypropylene Catalyst Recent History 2002 Purchased Catalyst manufacturing assets in Finland to advance production of polypropylene and polyethylene catalysts 2006 Purchased additional custom Catalyst assets in New Jersey 2009 Expanded manufacturing capacity in Germany to meet demand for polypropylene catalysts 2010 Purchased facility in Oregon for production of specialty single site and polypropylene catalysts 2013 Acquired UNIPOL PP Licensing and Catalyst business from Dow 5 5 INDIAN Petrochem - 2014 Company Confidential GRACE polypropylene Catalyst Portfolio POLYTRAK Catalyst 4th generation technology Used in bulk and gas phase

3 Polymerization processes Homo- and co-polymer capability HYAMPP Catalyst 6th generation technology; high yield Offerings for bulk (liquid) polymerization processes Non-phthalate, with improved resin performance SHAC Catalyst and Donors Industry leading catalysts for gas phase processes Homo- and co-polymer capability CONSISTA Catalyst and Donors 6th generation technology; high yield Offerings for gas phase polymerization processes Non-phthalate with improved resin performance Custom polypropylene catalysts Vast experience in scale-up and supply of customer-specific polypropylene Catalyst products INDIAN Petrochem - 2014 Company Confidential Global Trends Aging population in Europe and NA Population growth and middle class expansion in Asia and Latin America Time is a luxury Climate change Globalization of retailers E-commerce Trend Health products and medical needs Automobiles Consumer goods Non-food packaging Packed foods.

4 Snacks and pre-cooked meals Technology focus on performance and cost and environmental impact Results in increasing 7 7 INDIAN Petrochem - 2014 Company Confidential polypropylene Market trends since 2005 Lighter Faster Cleaner Clearer Cleaner Less Catalyst residuals Lower VOC Lower taste and odor by avoiding peroxide cracking Non-Phthalate based INDIAN Petrochem - 2014 Company Confidential GRACE Advanced Catalyst systems are designed to address market trends Major Technology Drivers in Asia Pacific CASE 1: Higher modulus to enable down-gauging of BOPP films CASE 2: Faster heat sealing processing CASE 3: Cleaner high MFR TPO s GRACE Showcases Inter-material substitution Faster processing Down-gauging to decrease part weight Cleaner products less taste and odor, less metal residuals Technology drivers 9 9 INDIAN Petrochem - 2014 Company Confidential XS / w% 3 5 7 MWD (PDI) GRACE Proposed Processing Window for BOPP HPP Increasing Stiffness CASE 1: Higher Modulus HPP to enable Down-gauging in BOPP films 10 10 INDIAN Petrochem - 2014 Company Confidential CASE 1.

5 CONSISTA / HYAMPP Catalyst Systems (6th Gen) HPP with 5% to 20% higher stiffness than 4th gen systems Potential of 2% to 3% weight reduction Modulus / MPaXylene Solubles / w%CONSISTA C601 SHAC 2016th Gen 4th Gen 11 11 INDIAN Petrochem - 2014 Company Confidential 0246810 Line speedHazeThickness DistributionMechanical PropertiesScreen change frequency4th Gen6th GenCASE 1: BOPP Customer Trial 6th Gen CONSISTA / HYAMPP Catalyst Systems can meet the needs of the resin producer and converter in the BOPP market 12 mm film 3 layers 5/90/5 Bruckner Higher number means better 12 12 INDIAN Petrochem - 2014 Company Confidential CASE 2: Catalyst Solutions For Advanced Heat Seal Grades Heat Seal Temperature ( C) E-RCP 90 130 B-RCP TERPOLYMERS 110 6th Gen Advanced Catalyst systems provide answers to all heat sealing needs 13 13 INDIAN Petrochem - 2014 Company Confidential CASE 2: Customer Requirements and 6th Gen Catalyst Systems Tailored Heat seal temperature Hexane extractables < % (FDA) PP Producer Film Converter C4, w%C2, w%Linear (C4 -9 w% XS)Linear (C4 -5 w% HX)CONSISTA / HYAMPP Catalyst systems enable a broad design window for the production of Speciality terpolymers High productivity High co-monomer window Low XS (process dependent) 14 14 INDIAN Petrochem - 2014 Company Confidential CASE 2.

6 Summary of 6th Gen GRACE Catalyst Systems 0246810 ProductivityCo-monomer windowXylene SolublesTailored Heat Seal THexane Extractables4th Gen6th GenTerpolymer Technology Designed to Meet Customer Needs 15 15 INDIAN Petrochem - 2014 Company Confidential 0246810 Mechanical PropertiesCatalyst residualsVOC levelOperabilityTaste and odorGen 4 Gen 6 CASE 3: Cleaner High MFR TPO s with CONSISTA Systems Higher number is better in all cases Lower Catalyst residuals from super-high productivities High H2 response eliminates unnecessary need for rheology control High H2 response reduces VOC generation 16 16 INDIAN Petrochem - 2014 Company Confidential Summary The PP market in Asia Pacific is experiencing strong competition and moderate growth. These are times to upgrade product mix and reduce operating cost.

7 GRACE has responded to these market challenges and related technology needs with the 6th generation CONSISTA / HYAMPP Catalyst Systems. Designed to Maximize line speeds for BOPP Meet a broad range of heat sealing needs Produce cleaner TPO s Provide improved property balance and higher productivities GRACE Talent that spans the globe. Technology leadership in catalysts for polyolefin and polypropylene production . Trust built over time. INDIAN Petrochem - 2014 Company Confidential GRACE , POLYTRAK , HYAMPP DAVICAT , RANEY , SHAC , and CONSISTA are trademarks, registered in the United States and/or other countries, of W. R. GRACE & TALENT | TECHNOLOGY | TRUST is a trademark of W. R. GRACE & UNIPOL is a trademark of The Dow Chemical Company or an affiliated company of Dow.

8 W. R. GRACE & and/or its affiliates are licensed to use the UNIPOL trademark in the area of polypropylene . This trademark list has been compiled using available published information as of the publication date of this brochure and may not accurately reflect current trademark ownershTalip or status. GRACE catalysts TECHNOLOGIES is a business segment of W. R. GRACE & , which now include all proaduct lines formerly sold under the GRACE DAVISON brand. Copyright 2014 W. R. GRACE & All rights reserved. Thank You For more information, please visit or contact: Name: Yogesh Mishra Email.