Global ambitions for the environment and people

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1 Global ambitions for the environment and people

2 The challenges of the world are not trivial - we must stand united to establish an energy society that is affordable, safe and sustainable. We face the challenges of the world With a growing population aiming for higher living standards, the world is in demand for more energy. However, the scarcity and environmental impact of more energy is devestating and must be defeated with energy efficiency and sustainable energy solutions. I believe that we all play an important role in reducing relative energy consumption, and in developing an energy society that counterfights CO 2 emission and has no negative impact on our environment. the first company to introduce environmentally friendly products for the manufacturing of the best insulation material. But we never rest on the laurels - we keep innovating for our customers, and for a better tomorrow. Affordable, stable and sustainable energy will fuel a world of growth and at LOGSTOR, we take responsibility for a cleaner world. We face the challenges...! In every society, pipe networks are vital parts of the infrastructure. Literally speaking, the pipe systems connect energy production, transmission, distribution and consumption - all the way. LOGSTOR pipe solutions bring people together to create the most efficient energy solutions - ranging from politicians, utility owners, engineers, contractors, consumers and manufacturers. All in an orchestrated approach to fuel and shape the world and combat climate change. Energy efficient pipe systems with the very best insulation properties will ensure that only a minimum of produced energy goes to waste when transported over long distances - no matter if the energy is hot water, cold water, oil, gas or other precious liquids. In the world, problems can be complex, but at LOGSTOR solutions are simple! Safety, quality and flawless deliveries are a matter of course at LOGSTOR - and we proudly deploy our many years of experience into long lasting energy solutions for people, for companies and for societies. The challenges of the world are not trivial - we must stand united to establish an energy society that is affordable, safe and sustainable - and each of us must do what we are best at. The most advanced piping systems are a vital part, and at LOGSTOR, this is what we care about. Kim Christensen CEO LOGSTOR More than 50 years of research, exploration and development in close dialogue with our customers have made LOGSTOR the leading manufacturer of pre-insulated pipe systems for any media - a second to none innovative leader, setting higher standards year after year. We invented the pre-insulated pipe, the flexible pipe, unique joints and fittings, and we were

3 w The best solutions for a lifetime With LOGSTOR solutions you cover all aspects Establishment of an infrastructure pipe system whether it is for district energy, oil, gas or industrial purposes is in any respect a big decision. All aspects must therefore be considered; from the very beginning of a project where the idea emerges, through development of concept, planning and installation followed by up to 50 years or more of operation. LOWEST TOTAL COST OF OPERATIONS Costs of energy reduced due to a pipe technology with stable high quality of insulation and minimum of heat loss LOGSTOR Calculator supports the decision for the optimal type of pipes with the best return on investment taking energy costs and environmental parameters into account All components needed for a district heating net are available and design optimized for each component as well as for the total system LONGEST SERVICE LIFE From idea into many years of operation, LOGSTOR offers service and support 24/7 surveillance of the system makes proactive detection of faults possible and supports the expected longer service life CUSTOMER EXCELLENCE On time and reliable execution on all levels Responsive and flexible from local, regional or central unit HSEQ Production, installation and operation of LOGSTOR products and systems shall be safe for all involved, why HSEQ parameters are embedded in what we do and in every product design Our quality and environmental management systems are certified in accordance with ISO 9001 and ISO 14001, and our occupational health and safety management system meets OHSAS requirements EFFECTIVE INSTALLATION Customized design of network reduces the capital expenditure Effective and sustainable joint systems for every need Risks are minimized with comprehensive documentation

4 To secure perfect use and installation of the LOGSTOR pipe system we offer education and training. Service as an integrated part OUR RANGE OF SERVICES RELEVANT BOTH BEFORE, DURING AND AFTER INSTALLATION Improving costumer decisions on system type, product capabilities and network infrastructure by using our online tool LOGSTOR Calculator Comprehensive user instructions and manuals, guides for engineers and on-site installers Challenges and questions are clarified via personal technical support online or on-site Engineers and fitters are educated by our experts at LOGSTOR Academy On-site installation of joints is part of our services Surveillance system and service concept via LOGSTOR Detect LOGSTOR ACADEMY THE LOGSTOR DETECT CONCEPT Proactive maintenance prevents serious repairs, reduces costs of operation, minimizes downtime and is a precondition for a longer service life of a pipe system. LOGSTOR Detect makes this possible. Based on digital technology it is a round-the-clock surveillance, monitoring potential faults in the system, detecting exact location of faults, hosting data and keeping the operator of the network updated 24/7. It is developed for use in district heating and district cooling networks, oil and gas pipelines and industrial pipe systems. SOLUTION BENEFITS: Accurate network surveillance 24/7 Minimization of downtime and repair costs Supports a longer service life of the network Dynamic reporting Notification of alerts by or SMS Engineers and fitters installing and operating the LOGSTOR pipe system must know what to do and how to do it. To secure perfect use and installation of the LOGSTOR pipe system, we offer education and training. LOGSTOR Academy arranges standard as well as customized courses at one of our locations or locally at the customer s premises.

5 w District Energy a way to counter climate changes DISTRICT HEATING Central production of hot water. Distributed to homes, offices, business premises etc. and cooled water returned. Indoor heating and cooling account by far for the biggest part of energy consumption in private households. Increasing energy efficiency for heating and cooling will pay back directly by reducing the impact on our environment and reducing CO 2 emissions. District energy, which includes both district heating and district cooling, is a known and developed solution to increase energy efficiency. A sustainable choice for the future, cost effective and at the same time securing a high level of comfort. District energy systems distribute hot or cold water from a central production and after heating or cooling the individual premises the water is returned. The LOGSTOR pipe systems with peerless insulation properties ensure flawless distribution and low costs of operation as the energy loss during distribution is limited to a minimum. District energy can use any source of energy and is flexible for changes in sources over time. All kinds of renewables, surplus heat from combined heat and power production (CHP), surplus heat from industries, fossil fuels and electricity can be used. The district energy concept enables storage of energy, and when power production from windmills exceeds the actual demand, district energy can then use this surplus in an intelligent way. In the process towards fossil free societies where we go from fossil fuels to renewable and sustainable energy sources, it is vital that the infrastructure for transmission and distribution of heating and cooling are independent of the energy source. Where district heating is combined with district cooling, it is possible to achieve mutual energy benefits when surplus heat can be converted into cooling during hot summer months. Thereby electrically driven cooling is also replaced, and the huge load on the electricity grid in the summertime is reduced and so is the need for additional power plants. DISTRICT ENERGY Any energy source can be used including surplus heat from industries and data centers High energy efficiency compared with individual heating and cooling units in every building Lesser impact on environment With combined production of power and district energy the energy efficiency increases to more than 90 % compared to less than 40 % when only power is produced High comfort for consumer and easy to use Attractive economy for consumer and society DISTRICT COOLING Central production of cold water using any energy source including cold water from seas or lakes, or decentral production based on hot water from district heating. Distributed mainly to offices, business premises etc. and heated water returned.

6 The right investment pays off In relation to minimum 30 years of operation, the initial investment in district heating and cooling systems counts for the smaller part of the total costs. Depending on operational parameters and choice of type of pipe and insulation series the initial investment might account for only 30 %, whereas the operational expenses in form of heat loss, electricity for pumping and maintenance account for up to 70 %. 80 the plant needs a network of pipe systems. More than 50 years ago, LOGSTOR originally developed the pre-insulated pipe system with focus on district heating. Ever since, our aim has been to improve and optimize every aspect of the system from design to delivery. With this in mind, we aim to support the right investment that will secure the quality and health of our customers network and energy investments far into the future % investment 70% operation The network includes the major dimensions for transmission, minor dimensions for distribution into every street and flexible pipes for the final connection of each house and building. Joints, bends, T-pieces and other components are needed to make the network complete. The LOGSTOR pre-insulated pipe system meets the requirements for a well-functioning infrastructure Year 1 Year 2-30 Total costs of ownership (TCO) take these costs into account and that is why it pays to invest in better heat insulated pipe systems with longer service life, thereby reducing the TCO. With rising prices of energy, a better insulation will also reduce the impact from this. Transport of water from the district heating or cooling plant to the consumer and back to The core of any system is the insulation. Continuous development of the quality and longterm stability via the built-in anti-aging diffusion barrier ensures world-class insulation properties and a minimum of heat loss. Keeping the insulation dry requires tight and everlasting joints. The LOGSTOR cross-linked shrink systems and electrical weldable systems combined with easy and simple installation by fitters educated by LOGSTOR Academy ensure and document the necessary high quality.

7 w Oil & Gas Every year, the world is consuming more energy. In spite of strong growth in renewable sources, fossil fuels are still ruling the vast majority of the energy market. Steel pipelines are therefore used offshore and onshore all over the world for transport of natural gas, crude oil, petrochemical and petroleum products at high pressures and over long distances. The chemical composition of these gases, fluids, oils and the environments often extreme - from which they are extracted present tougher challenges, necessitating highperforming insulation coatings. LOGSTOR s contribution to the O&G industry is on project basis, providing customized insulated pipe systems with best-in-class properties to transport products at temperatures rating down to minus 210 C and up to plus 250 C. We design specific solutions together with very high demands to quality, safety, and strength of products combined with the most convenient installation possible under different and harsh conditions. Simultaneously offering systems with a long service life. Offshore: LOGSTOR is focusing on supplying durable and efficient thermal insulation solutions for offshore pipelines. Our SinglePipe is by nature a very efficient and cost attractive solution for shallow water, whereas our Steel Pipe-In-Pipe either bonded or sliding, as well as solid insulation systems are covering the deeper water. Our systems are designed to fit laying contractors towing, S-laying or reeling requirements. Onshore: We design end-to-end insulation systems for crude oil as well as refined products, LNG, chemical liquids and steam transportation with our without heat tracing solution. The LOGSTOR Detect concept for surveillance with continuous monitoring, registration and information of any changes in the pipeline system is a key factor for quality and safety management. This constant surveillance secures the customers assets, their longterm performance and prevent any potential environmental issue in case of failure. LNG and cryogenic systems: Liquefied gases are used in many cryogenic applications and are processed in insulated pipelines. The LOGSTOR CryoPipe is a thermal insulation system for cryogenic pipelines to maintain a constant operating temperature down to minus 210 C. Typical applications would be pipelines for e.g. LNG, LPG, ethane, oxygen and nitrogen. All O&G systems can include pre-fabricated bends, fittings and high-quality associated field joints. Our cross-linked shrinkable joints and electrical weldable joints meet the high level of quality required by O&G customers. OIL & GAS LOGSTOR customized insulated pipe systems fulfil the very high demands for quality, safety, and strength of products combined with the most convenient installation possible under different and harsh conditions. Offshore shallow and deep water systems Onshore for LNG, crude oil and industrial purposes High performance insulation Complete systems with pipes, joints and fittings Heat tracing for crude oil Surveillance system secures long term performance Long service life

8 w Industry In many manufacturing industries, the production is dependant on a flow of liquids, gasses or steam. Also the process industries such as the food industry, dairies, the beverage industry, the chemical industry and the energy industry need to transport different media in a safe way and under constant temperature. Global presence LOGSTOR is a global supplier of complete pre-insulated pipe systems with a focus on providing better energy efficiency to our customers. Our company is based on years and years of experience and know-how related to insulation as a means of improving energy efficiency. Pre-insulated pipes for industrial applications require a broad range of different media pipes, as they have to be able to carry all kind of different products. Industrial applications may take place in both indoor and outdoor surroundings with special conditions, why the industry solutions are customized for every specific need. Installation of pre-insulated pipe system at an industrial plant is fast and efficient and thereby possible downtime for a process is reduced to a minimum. The long-term properties of the insulation secure low energy losses and low service life costs. Our pipe systems are designed to be maintenance free, easy to clean and with a long service life expectancy. Together with the excellent insulation properties and reduced energy consumption, it ensures low operating costs. All with high value for our customers. The temperatures range from minus 210 C to plus 250 C and the pipe system can include tracing for electrical heating and wires for surveillance depending on customer requirements. LOGSTOR GROUP Headquarters in Denmark employees Annual turnover > 230 MEUR Owner: Triton Fund III 7 plants and 2 mobile production units Joint venture in Dubai 14 sales units Distributors in more than 20 countries More than 4,000 km of pipes produced every year More than 200,000 km of pipes installed to date Marketing and sales under the two brands LOGSTOR and Powerpipe