YOUR VERSATILE PARTNER IN CHEMISTRY High …

1 high performance Chemicalsfor LubricantsYOUR VERSATILE PARTNER IN CHEMISTRYK etjenlube TM / POLYMERIC - SYNTHETIC AND NATURAL ESTERSD apral TM / ASA - PIBSA - ASI - PIBSID apramid TM / FATTY ACID AMIDESD apraphos TM / PHOSPHITES - PHOSPHONATES - PHOSPHATESD apralube TM / OLEOCHEMICALSD equest TM / ANTISCALANTSI talmatch Chemicals is a global specialty chemicals company, leader in polymeric, natural,synthetic and complex esters and in its traditional sector of organic and inorganic phosphorus Chemicals Group has a strong international and global presence with more than 80%of production being company s strategic and long term focus is mainly in the lube oil, water & oil management and plasticadditives markets, with five manufacturing sites in Europe (Spoleto and Arese in Italy, Zaragozza in Spain,Frankfurt in Germany and Newport in UK) and three in China.

2 The Group is particularly committed to theAsian market growth, leveraging also on its historical access to China, with established local manufacturingand regional Asia Pacific marketing Arese product portfolio includes Ketjenlube Polymer Esters, Synthetic and Fatty Acid Esters, Amides, FattyAcid Chlorides and ASA/PIBSA, as well as organic Phosphorus derivatives. In Spain the Group manufacturesOleoesters. Water soluble Phosphonates are manufactured in Arese site is located near Milan, in northern Italy. Various reactors (glass lined and stainless steel)of different sizes allow high flexibility in production planning with additional capacity for optimization andexpansion. Core technologies/competences include, among others, polymerization, esterification, chlorination,amidation and ene thermal consistent high product quality is ensured by a team of experienced and skilled people, with particularfocus on joint product and technical development with Customers/Partners.

3 Arese site it is also equipped withan applicative laboratory to screen and test product Arese site is certified ISO 9001:2008 and ISO 14001:2004 and participates in the Responsible Care programme. The plant maintains Halal and Kosher certifications for manufacturing of a range of food grade polymeric Zaragozza site has integrated acids and natural esters manufacturing (using renewable raw materials).Historyof the Company2 Main FeedstocksChemistryChemical NameTrade NameApplicationsPCL3 / H3PO3 POCl3 / P2O5 EsterificationPhosphite estersPhosphate estersPhosphonatesDapraphos TMLubricant Intermediates EP additivesAlcohols - renewable sources - petrochemical sourcesEsterificationDi-esters Polyol Esters Complex Esters Ketjenlube TMLubricants AmmoniaAmidationAmidesDapramid TM lubricants Olefins, Alcohols Unsaturated Diesters.

4 Maleic AnhydridePolymerizationEster CopolymersKetjenlube TMLubricants Maleic Anhydride Olefins, reactive PIB Amines CondensationASA/PIBSA ASI/PIBSID apral TM PA Dapral TM PILubricants/Fuels Intermediates Chemicals for lubricants and Fuels3 Ketjenlube Polymer Esters for Automotive andKL 115KL 135KL 165KL1300KL215KL 230KL 240KL 2500KL 2700KL3100KL3300 KL 3700KL 23000KL 305KL 445KL 445 VLPKL 522 KETJENLUBE POLYMER ESTERSPHYSICAL AND chemical CHARACTERISTICSM ethodMedium/ high Polar Products LOW POLAR (PAO COMPATIBLE)Water soluble/Emulsifiable ProductsViscosity at 100 C (mm /s)ASTM at 40 C (mm /s)ASTM D 4451153407704100120280400700011000990520 01100043000305004002200 Viscosity indexASTM D-22701351391521901401401602302501742202 50300140---Pour point ( C)ASTM D-97-30-39-30-21-27-33-6-9-21-24-24-18n/ a-42-24-21-18 Flash point ( C)ASTM D-92250250255260250250270270270260>24027 0270230220230180 Acid Number (mgKOH/g)ASTM < < < < 20 C (g/cm )ASTM - Colour GardnerASTM D-1544< 1< 1< 1< 1< 1< 1<1< 1< 1< 1<1< 1< 1<1642 APPLICATIONAL PROPERTIESV olatility Noack (%)ASTM D-580043314331< < 11---Hydrolytic Stability (Acid Number as mgKOH/g After 48 h)ASTM D-2619--- Oil Water Stability(200 C; 12h.)

5 15 Liter Air/Hour)IP 48 Weight loss (%) Viscosity (% wear area; 150 N oil = 100%)Reichert Pure 10% KL in 150 N oil898889907874938790928990-4043 60 Seal CompatibilityCEC-L-39-X-95 NEUTRALSLIGHTLY SWELLING4 Ketjenlube Polymer Esters for Automotive andIndustrial LubricantsKL 115KL 135KL 165KL1300KL215KL 230KL 240KL 2500KL 2700KL3100KL3300 KL 3700KL 23000KL 305KL 445KL 445 VLPKL 522 KETJENLUBE POLYMER ESTERSPHYSICAL AND chemical CHARACTERISTICSM ethodMedium/ high Polar Products LOW POLAR (PAO COMPATIBLE)Water soluble/Emulsifiable ProductsViscosity at 100 C (mm /s)ASTM at 40 C (mm /s)ASTM D 4451153407704100120280400700011000990520 01100043000305004002200 Viscosity indexASTM D-22701351391521901401401602302501742202 50300140---Pour point ( C)

6 ASTM D-97-30-39-30-21-27-33-6-9-21-24-24-18n/ a-42-24-21-18 Flash point ( C)ASTM D-92250250255260250250270270270260>24027 0270230220230180 Acid Number (mgKOH/g)ASTM < < < < 20 C (g/cm )ASTM - Colour GardnerASTM D-1544< 1< 1< 1< 1< 1< 1<1< 1< 1< 1<1< 1< 1<1642 APPLICATIONAL PROPERTIESV olatility Noack (%)ASTM D-580043314331< < 11---Hydrolytic Stability (Acid Number as mgKOH/g After 48 h)ASTM D-2619--- Oil Water Stability(200 C; 12h; 15 Liter Air/Hour)IP 48 Weight loss (%) Viscosity (% wear area; 150 N oil = 100%)Reichert Pure 10% KL in 150 N oil898889907874938790928990-4043 60 Seal CompatibilityCEC-L-39-X-95 NEUTRALSLIGHTLY SWELLING5 GENERAL INFORMATION >> Ketjenlube Polymer Esters are unique, patented specialty components used in the formulation of synthetic and semi-synthetic high performance lubricants in both Automotive and industrial fluids.

7 They reduce wear much more efficiently than other conventional synthetic base fluids. This feature has made Ketjenlube Polymer Esters an important tool in the lubricating oil area during the last decade and even today are still finding new applicative uses due to their unique >> Ketjenlube Polymer Esters are ester copolymers. The product viscosities range from 15 mm2/s up to 3000 mm2/s at 100 C. As the average molecular weights (Mw) do not exceed 10,000 Dalton, even the highest viscous Ketjenlube Polymer Esters are very shear stable. Structurally Ketjenlube Polymer Esters can also be regarded as functionalized Ester6 >> Compatibility attributes: Ketjenlube Polymer esters are available in different polarities and are fully compatible with a wide variety of mineral base stocks Group I, II and III Base Oils, PAO both light and heavy grades.

8 >> Outstanding inherent lubricity:Ketjenlube Polymer Esters exhibit one of the highest load carrying capacities compared to most other lube oil base fluids available in the market.>> high VI and shear stability: Ketjenlube Polymer Esters are able to perform consistently under high pressure and temperature regimes without losing their original properties.>> Very high oxidative stability and film strength: This makes Ketjenlube Polymer Esters the best choice as high performance additives for cutting oils enhancing lifetime and reducing corrosion potential of the product.>> Powerful synergy with AW/EP Additives: This makes it possible to replace chloroparaffins in metal working fluids by a combination of Ketjenlube Polymer Esters and sulfur/phosphorus additives without losing EP- performance .

9 >> Superior hydrolytic stability: Ketjenlube Polymer Esters enhance/extend the lifetime of emulsions and are recognized as some of the most hydrolytically stable esters available for metal working fluids (soluble oils).>> Clean burning, clean evaporation and low volatily:Ketjenlube Polymer Esters burn or evaporate at high temperatures without giving rise to smoke, hazardous fumes and carbon residues. This allows the formulation of low smoke two-stroke engine oils or industrial oils for high temperature applications.>> Excellent Seal Compatibility: Ketjenlube polymer esters demonstrate neutrality to slight swelling character to the common seal materials when used as a base fluid which offers the advantage of no requirement for ester seal swelling agents when used together with PAO or Group III base structure of Ketjenlube Polymer EstersKetjenlube7 The high inherent lubricity together with their clean burning make the Ketjenlube Polymer Esters an ideal base fluid for two-stroke motor bike engine oils.

10 The ISO-L-EGD results of four different formulation examples (semi-synthetic, synthetic, high solvent oils) containing Ketjenlube Polymer Esters as ester component are: KetjenlubeKetjenlube Polymer EstersIN TWO-STROKE ENGINE OILS OIL1234 TypeSynthetic; high SolventSyntheticSemi Synthetic Semi SyntheticComposition (wt %)Ad-pac 305/2515/Ketjenlube 135///10 Ketjenlube 11515///150 SN mineral oil///30600 SN mineral 100 C (mm2/s) ISO-L-EGD-Engine Test Results:- Exhaust smoke index (FC limit: 85 min)1931728589- Lubricity index (FC limit: 95 min)11610010397- Torque index (FC limit: 98 min)98100102100- Detergency index 1 Hour (FC limit:95 min)Not DeterminedNot Determined105108- Detergency index 3 Hours (GD limit:125 min)135137125 Not DeterminedExhaust port blocking index (FC limit: 90 min)2101111101258 Special performance needs for 4T Motor Cycle Engine Oil s need to satisfy requirements of: Engine, Gear Box & Clutch.