Presentation Highlights

• Star Holdings§ StarChem

§ Market Applications

§ Product Portfolio

§ Capabilities

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Star Holdings

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Production sites Wellford, SCChaloma, Honduras

Sales officesToronto, ONMedellin, ColombiaSão Paulo, Brazil

Sales Americas, EuropeMiddle East, AfricaAsia

Warehouse &BlendingEdmonton, ABMedellin, Colombia

Star Holdings

• Family owned

• Chemical manufacturing

• Chairman: Charles Cofield

• CFO: Kevin Harris• HR: Thomas Crumbley

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 2019Markets• Textiles & Nonwovens• Oil & Gas• Pulp & Paper• Consumer Care (HI&I / Personal Care)• Chemical Intermediates

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

Chem Int Total23%

HI&I Total14%

O&G Total29%

Other Total4%

Text Total26%

Toll Total4%

Sales by market in N. Ameria

Chem Int Total15%

HI&I Total13%

O&G Total19%

Other Total3%

Text Total47%

Toll Total3%

Sales by market Global

Chemistry Groups

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

• Imidazolines, Fatty Amides, and Triazines

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

• Sulfation (batch reaction with Sulfamic Acid)

• Phosphate Esters and Phosphonates

• Siloxanes, organo-modified Siloxanes and Siloxane Emulsions

• Foam Control (Silicone, Mineral Oil, and Polymerics)

• Anionic & Cationic Surfactants

• Formulated Nonionic Surfactants

• PEG Esters and Specialty Esters

• 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 atmospheric mixing vessels§ 11 reaction vessels

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

• Pilot Plant Vessel§ 50 gallon 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

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

• Blending

• Warehouse