October 21, 2014 Hot melt adhesives using new metallocene propylene performance polymers

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1 October 21, 2014 Hot melt adhesives using new metallocene propylene performance polymers This presentation includes forward-looking statements. Actual future conditions (including economic conditions, energy demand, and energy supply) could differ materially due to changes in technology, the development of new supply sources, political events, demographic changes, and other factors discussed herein (and in Item 1A of ExxonMobil s latest report on Form 10-K or information set forth under "factors affecting future results" on the "investors" page of our website at This material is not to be reproduced without the permission of Exxon Mobil Corporation.

2 Agenda Introduction Background New Vistamaxx performance polymers Hot melt adhesive formulations using Vistamaxx polymers Conclusion Questions?

3 ExxonMobil Chemical is committed to adhesives industry leadership Investing in the world s largest hydrogenated hydrocarbon resin unit to supply customers needs for Escorez tackifying resins Innovating with new products like Vistamaxx performance polymers made with proprietary metallocene catalysts Leveraging our expertise in polymers and tackifying resins to optimize product synergies 3 3

4 Innovating with metallocene polyolefins (mpo) kt 2,000 1,600 1, Hot melt industry growth (Adhesive Volumes) HMA Growth 13-20: 4% Conventional HEVA, SBC, APAO 2% Growth 2% mpo HMA demand growing at 4% Conventional HMA steady growth Wide market appeal Proven fit for use mpo drive value growth Trouble-free attributes Improved stability Supply security Reduced usage Source: ExxonMobil estimates and publicly available data 4

5 Metallocene catalysts add value to polymers and adhesives ExxonMobil products produced with metallocene catalyst: Exceed polyethylene (mpe) polymers Achieve polypropylene (mpp) polymers Vistamaxx performance polymers Vistalon ethylene-propylene-diene (mepdm) polymers Synthetic oils, etc. Example metallocene catalyst structure Benefits of mpo for adhesives Produced from readily available feedstock Clear, odorless adhesives High thermal stability Wide service temperature Molecular weight Achieve PP Vistamaxx propylenebased elastomers Vistalon EPDM rubber Exact plastomers Exceed PE Enable mpe Vistamaxx for adhesives Propylene Crystallinity Lower Crystallinity/Density Ethylene Crystallinity Vistamaxx polymers enable unique approach for formulating HMA s 5

6 New possibilities, expanded product portfolio Ethylene content (wt.%) ~25k~10k~5k~1k Commercial Developmental MFR (190 C/2.16kg) ,000 10, ,000 1,000,00010,000,000 ~ ~ 190 C (mpa.s) 3980FL Crystallinity, H f (J/g) Vistamaxx polymers for adhesives Current commercial offerings in HMA High viscosity typically as minor component Low viscosity as adhesive backbone New low-vis grades in late development Designed for pkg., hygiene, assembly Manufacturing process at scale-up stage Commercialization planned for 1H15 6 6

7 Hot melt adhesive formulations for hygiene applications Hygiene application attributes SBC mpe Polymer backbone Vistamaxx polymers Adhesion Robust application Broad application temperature Bond stability High mileage possible Low odor possible 7

8 Robust application using existing technology Universal CF spray Can produce high quality laminates using either contact or spray application techniques, with a single Vistamaxx based HMA formulation TrueCoat slot application Universal Signature spray Adhesive formulations using Vistamaxx polymers can be coated using standard hot melt application equipment 8 Universal, CF, TrueCoat and Signature are all trademarks of Nordson Corporation

9 HMA thermal viscosity 180 C 160% 140% Relative viscosity (% change) 120% 100% 80% 60% 40% 20% 0% time (h) Commercial SBC-based HMA Commercial mpe-based HMA Developmental Vistamaxx-based HMA Adhesive formulations using Vistamaxx polymers express excellent thermal viscosity stability 9

10 Adhesive application temperature spiral spray application 120 Vistamaxx polymer based HMA Commercial mpe HMA Peel force (g) measured at 40 C Brookfield viscosity (mpa.s) C 140 C 160 C 120 C 140 C 160 C 0 Adhesive formulations using Vistamaxx polymers result in stable bond performance regardless of application temperature 10

11 Lower density adhesive formulation Adhesive formulations using Vistamaxx polymers enable high polymer loading (50-70%): >2X polymer versus alternative hot melt adhesives Weight % of adhesive 100% 80% 60% 40% 20% 0% Wax Oil H2 tackifier Polymer SBC mpe Vistamaxx polymer A Vistamaxx polymer B 11

12 Bond stability Adhesive formulations using Vistamaxx polymers enable stable laminations even after accelerated aging hour peel 1 month aged 14 days 50C Peel force (grams) Commerical mpe Commercial SIS Vistamaxx polymer A (50%) Vistamaxx polymer B (70%) 12

13 Tackifiers for hygiene HMA using Vistamaxx polymers Peel adhesion (g) Escorez tackifiers E5000 H2 a E5000 H2b E5000 H2 c Initial peel H2 C9 styren terpene Aged peel (3 months) H2 Aliphatic/Cyclic Broad array of compatible tackifiers Tackifier solubility influences adhesion Preferred tackifiers for Vistamaxx polymers Stabilizes tack level Slows crystallization Improves open time 150 Improves broad adhesion performance Peel adhesion (g) Initial Peel Aged Peel (3 months) Retain thermal stability Commercially available tackifiers deliver balanced performance 0 Solubility parameter of tackifier Preferred tackifiers improve stability over the lifetime of the bond 13

14 Raising the standard Product supply security Major components from readily available feedstocks Higher mileage/lower add-on through Density advantage Improved adhesion Consistent tack, excellent adhesion to low energy substrates Wide service temperature range from a single formulation Excellent freezer adhesion High heat resistance Broad processing window Exceptional thermal stability Low odor and color Stable viscosity Free flowing/easy feeding HMA product form Novel Vistamaxx polymers for HMA soon to be commercialized 14

15 Thank you 2014 ExxonMobil. ExxonMobil, the ExxonMobil logo, the interlocking X device and other product or service names used herein are trademarks of ExxonMobil, unless indicated otherwise. This document may not be distributed, displayed, copied or altered without ExxonMobil's prior written authorization. To the extent ExxonMobil authorizes distributing, displaying and/or copying of this document, the user may do so only if the document is unaltered and complete, including all of its headers, footers, disclaimers and other information. You may not copy this document to or reproduce it in whole or in part on a website. ExxonMobil does not guarantee the typical (or other) values. Any data included herein is based upon analysis of representative samples and not the actual product shipped. The information in this document relates only to the named product or materials when not in combination with any other product or materials. We based the information on data believed to be reliable on the date compiled, but we do not represent, warrant, or otherwise guarantee, expressly or impliedly, the merchantability, fitness for a particular purpose, freedom from patent infringement, suitability, accuracy, reliability, or completeness of this information or the products, materials or processes described. The user is solely responsible for all determinations regarding any use of material or product and any process in its territories of interest. We expressly disclaim liability for any loss, damage or injury directly or indirectly suffered or incurred as a result of or related to anyone using or relying on any of the information in this document. This document is not an endorsement of any non-exxonmobil product or process, and we expressly disclaim any contrary implication. The terms we, our, "ExxonMobil Chemical" and "ExxonMobil" are each used for convenience, and may include any one or more of ExxonMobil Chemical Company, Exxon Mobil Corporation, or any affiliate either directly or indirectly stewarded.

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17 Testing method information Property ExxonMobil Test Method Unit Peel testing for initial and aged 23 C TMAL-11 g Peel testing for initial and aged 40 C HMA 12 g Brookfield Viscosity TMAL-01 mpa.s Melt flow 2.16 Kg/230 o C Based on ASTM D1238 g/ 10 min Crystallinity OP-224 J/g Ethylene content OP-16B % Relative viscosity measured using Z4 setup on rotary rheometer at shear rate of 50 s -1 % 17

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