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1 Welcome to

2 GENERAL Contents Contents 1. COMPANY OVERVIEW 2. BUSINESS AREA 3. SERVICES - BASIC DESIGN & FEED - BASIC DESIGN VERIFICATION / FEED VERIFICATION - BASIC DESIGN FOR PACKAGE FACILITIES - REVAMPING, EXPANSION & DEBOTTLENECK DESIGN - FLARE LOAD ANALYSIS - NETWORK DESIGN STUDY - DYNAMIC SIMULATION - ENERGY SAVING - PROFIT IMPROVEMENT SERVICE - FEASIBILITY STUDY - HANDLING SOFTWARE 4. EXPERIENCES 5. CERTIFICATES 6. LOCATION

3 GENERAL Company Overview PROZEN Engineering Co. 1404, Woolim e-biz Center 1 st, 170-5, Guro-dong, Guro-Gu, Seoul, Korea We, PROZEN Engineering Co., are always doing our best to find our client s profit through our service. PROZEN has professional process engineers having process know-how and much experience of BASIC DESIGN, FRONT-END ENGINEERING DESIGN and DETAILED DESIGN in plant area. The result of combination Client s requirement with our know-how, our experiences and our work is your satisfaction. Are you interesting of : Lower Operating Cost Lower Energy Consumption Increase Product Capacity Improvement of Product Quality and Yield Solve Operation Trouble Optimizing Process and Equipment Commercial Plant Scale-Up/Down Pilot Plant Scale-Up PROZEN can meet your consideration and interesting to maximizing client profit.

4 BUSINESS Business Area Gas and Oil Separation Petrochemical Oil Refinery R & D Business Gas Treating Process Chemical and Fine Chemical

5 SERVICES Range of Services PROZEN provides full range of services, covering : Basic Design & FEED Basic Design Verification / FEED Verification Basic Design for Package Facilities Revamping, Expansion & Debottleneck Study Network Design Study Dynamic Simulation Energy Saving Profit Improvement Service Feasibility Study

6 SERVICE Service Basic Design & FEED PROZEN provides full service of Basic Design & FEED with rich experience and expert technology of process design engineering using Pro II, Aspen Plus and HYSYS Process Simulation Tools. Process Simulation PFD Preparation Heat & Material Balance P&ID Preparation Equipment Data Sheet Preparation Instrument Data Sheet Preparation Thermal Rating of Heat Exchanger Hydraulic Calculation Flare Load Calculation Preliminary Plot Plan Utility / Effluent Summary Equipment List Etc.

7 SERVICE Service Basic Design Verification/ FEED Verification PROZEN provides full service of verification work for Basic Design / FEED by specialized process engineers with rich experience of process design engineering and review & verification of design package according to design practices. Verification of Process Simulation Verification of PFD Verification of Heat & Material Balance Verification of P&ID Verification of Equipment Data Sheet Verification of Instrument Data Sheet Verification of Hydraulic Calculation for Pump / Compressor / Re-boiler Circuits Verification Tray Hydraulic Calculation for Distillation Column Verification of Vessel / Drum Sizing Verification of Heat Exchanger Verification of Line Sizing Verification of Utility Summary Verification of Flare Load

8 SERVICE Service Basic Design for Package Facilities Techniques for Dehydration include: Dehydration is the process to remove water content from natural gas or process gas feeding to cold section, which is required to prevent formation of hydrates, corrosion and icing in cold box Absorption Dehydration ; MEG, DEG, TEG & T4 EG Condensation Dehydration(Low Temperature Separation) Molecular Sieve Adsorption Dehydration \ Acid Gas Treating include: Acid gas treating is the removal of H 2 S and CO 2 from gas streams by using absorption technology and chemical solvents such as MEA, DIPA, DGA, and MDEA

9 SERVICE Service Revamping, Expansion & Debottleneck Design PROZEN also aids with the improvement of existing facilities through revamping and debottleneck study. Debottlenecking of existing facilities is an attractive method for increasing production with a minimum of risk and cost. Revised Process Design Package Rigorous Simulation of Process Distillation Tower Capacity evaluation Fired heater evaluation Thermal Rating of Heat Exchanger Hydraulic cal. for piping circuits, control V/V, Re-boiler, Compressor and pump requirements. Review Pressure Vessel Sizing using Surge Time based on New Mass Balance Re-Calculation or Dynamic Simulation for Relieving Load With the precise evaluation of the exiting facilities, PROZEN will provide best optimized plan to minimize investment cost and maximize production rates

10 SERVICE Service Existing pressure relief and flare systems may overloaded due to the followings; Prior Unit Expansion / Upgrades Addition of New Plants Connect Atmospheric Relief Valves to the existing Flare System To minimizing the need for modifying existing flare system or building new ones, several engineering challenges are presented. Precise Load Recalculation Application of SIS Dynamic Simulation Flare load can be reduced from about 20 % to 80 % depending the flare system and application method.

11 SERVICE Service Network Design Study PROZEN has provided high-quality optimizing engineering design information that resolve a possible cost impact in advance during process engineering stage before implementation and full service of network design work with rich experience of process design engineering to guarantee the quality of the design work by running general & special purpose simulation tools. Steam Network Dynamic Hydraulic Calculation Network & Boiler Optimization 3. Services Cooling Water Network Dynamic Hydraulic Modeling Even Distribution Heat Exchanger Network Pinch Analysis Energy Optimization Thermal Rating Engineering Flare Network Hydraulic Modeling Network Optimization

12 SERVICE Service Dynamic Simulation Dynamic process simulation can provide an overall guideline to the normal operation /startup / emergency shutdown, failure settlement and optimization of plants. PROZEN provides the suitable dynamic model with rich experience of simulation engineering. Optimization of Operation Process Condition Failure Settlement to provide Best Solution Ways Evaluation of Equipment Failure Control Strategy Analysis Analysis for Emergency Shutdown Analysis for Flare System and Depressuring System Distillation Column Modeling(Relieving Load Reduction / Operating Condition Profile / Column Operability) Centrifugal Compressor Modeling(Anti-Surge Control / Startup, Shutdown / Emergency Operability) Steam Load Shedding Modeling(Consumption & Production Scheduling / Steam Network Analysis)

13 SERVICE Service Energy Saving Most of chemical plants are not operating at the optimal condition to produce the quality and quantity without controlling the energy consumption. To get optimized energy consumption, optimization of the existing process condition and parameters is necessary with accurate simulation and precise understanding to process. PROZEN provides full service of Energy Saving Study with rich experience and expert technology. Modification of Operating Condition Maximizing Existing Equipment with best Knowledge of Equipment Performance Maximizing Product Yields Heat Exchanger Network Analysis with Pinch Technology Using Low Level Utility instead of High Level Utility BEFORE AFTER

14 SERVICE Service Profit Improvement Service PROZEN has provided Profit Improvement Services without investment and modification to existing plant within Safety Operating Limits with rich experience of process design engineering to guarantee the quality of the design work by running general & special purpose simulation tools. PROZEN will estimate and verify economics improvement by calculation and simulating stream rates and qualities of yield improvements, and utility consumption reductions, and feedstock flexibility by changing in operating conditions or strategy only within operating constraints. High Value Yield Improvement Utility Consumption Reduction Feedstock Flexibility PROZEN will review all constraints on improvement items by calculating stream rates and qualities of yield improvements, and utility consumption reductions, feed flexibility such as processes, tankages, and down-streams by simulation.

15 SERVICE Service Feasibility Study PROZEN provides full service of feasibility study with rich experience and expert technology of plant design engineering. Conceptual Process Design & Engineering Process Engineering Diagrams Equipment Specifications Instrument Specifications Piping / Insulation Specifications Capital Cost Estimation Economic Evaluation

16 SERVICE Service Handing Software PROZEN provides full engineering services using Process Simulation Tools Process Simulation Aspen Plus and Dynamic, (Aspen Tech) Pro II (Schneider-Electric, if necessary) HYSYS (Aspen Tech) FlareNet (Aspen Tech) Visual Flow (Schneider-Electric, if necessary) Tower Design Program KG-TOWER (Koch-Glitsch) Sulcol (Sulzer) Heat Exchanger Design HTRI (HTRI, If necessary) Self Developed Programs Hydraulic Calculation Program Drum & Vessel Sizing Programs Etc.

17 EXPERIENCE LIST Experience Major Experience List Project Name Client Description Work Scope S-Oil RUC Project Daewoo E&C, Korea Liquid Overfill Dynamic Study Dynamic Simulation S-Oil RUC Project Daewoo E&C, Korea Cooling Water Network Hydraulic Calculation Utility Simulation 4" Multiphase Flow Loop Project Oceanus, Korea Multiphase Test Loop Process Simulation, Basic Design Karbala Refinery Project HEC/SCOP, Iraq VGO HDS/ Ploy Naphtha Unit/Asphalt Blowing Unit/ Amine Regeneration Unit FEED Verification, Detail Engineering #1 C DU Naphtha/Kero Upgrading Project HDO, Korea CDU Naphtha/Kero Upgrading Project Basic Study Boryeong Power CO2 Capture MVR System POSCO Eng, Korea MVR System Basic Design Koomho EPDM MVR System POSCO Eng, Korea MVR System Basic Design Hengam Offshore Develop. Project IOOC, Iran Over Pressure Protection Study Basic Design, Iraq AKKAS Gas Field Development Project Daewoo E&C, Korea 440 MMSCFD Gas Processing Basic Design, Dynamic Simulation Iran NGL 3100 Project IOOC, Iran Gas Treating Package: - ACID Gas Dehydration - Gas Dehydration with Molecular Sieve - C2+ Polishing Basic Design

18 EXPERIENCE LIST Experience Major Experience List Project Name Client Description Work Scope Hyosung DH 2 Project POSCO Eng. CO. Korea Propylene Plant Basic Design Verification LPG Unloading Facility Revamping Project SK Gas, Korea LPG Unloading Facility Revamping Study Revamping Basic Design #1 RDS Revamping Project Hyundai Oilbank, Korea Crude Residue Desulfur. Revamping (66,000 79,200 BPSD) Hengam Offshore Develop. Project IOOC, Iran Offshore Platform Development (30,000 BPSD w/ GOR 6000) NO2 CDU Revamping Project Hyundai Oilbank, Korea CDU Revamping (280,000 -> 320,000 BPSD) Revamping Basic Design Basic Design, Detail Design KP PTA Basic Design Project KP Chemical, Korea PTA 800,000T/Y Basic Design, Aromatic Complex Project, ATC, Thailand NHT, CCR, BTX Units Basic/FEED Design Verification, KOC Rebuilding Project, KOC, Kuwait Gas Separation Plant( and a Gas Boosting Station Basic /FEED Design Verification, NHT/Platforming Units and C DU Project, KNPC, Kuwait NHT/Platforming Units, and CDU Basic /FEED Design Verification, FGRU KNPC, Kuwait Fuel Gas recovery Unit Basic Design Cadereyta Refinery Expansion Project, PEMEX, Mexico RFCC, CDU, VDU, Kero HT, Diesel HT and Sulfur Recovery Revamping Basic Design Verification, Gas Oil Separation Plant (GC-25) Project KOC, Kuwait Gas Oil Separation Basic/FEED Design Verification,

19 EXPERIENCE LIST Experience Major Experience List Project Name Client Description Work Scope Propane Dehydrogenation Plant Taekang Co. Korea Capacity 250,000 MTA Basic/FEED Design Verification Hyosung HD Revamping Project Hyosung Co., Korea Capacity 160,000MTA- 190,000 Revamping Basic Design New LAB Plant, Isu Chemical Co., Korea Capacity : 40,000 MTA Basic Design, Revamping Project of Naphtha Treating Unit Revamping Project of Linear Alkyl benzene (LAB) Plant Kyungin Energy, Korea Isu Chemical Co., Korea Capacity-up from 20,000 MTA to 30,000 MTA Basic design, Basic design,

20 EXPERIENCE LIST Experience Experience (Abroad) 1. HENGAM Offshore Develop. Project 2. NGL 3100 Project IRAN North America 01 KARBALA REFINERY IRAQ Middle East 07 South East Asia 01 Aromatic Complex Project, ATC, Thailand CADEREYTA Refinery Expansion Project, MAXICO 1. KOC Rebuilding Project, 2. NHT/Platforming Units and CDU Project, 3. FGRU 4. Gas Oil Separation Plant( GC-25) Project KUWAIT

21 CERTIFICATE Certificate Business Registration Industrial R & D Center

22 GENERAL Location Head Office 1404, Woolim e-biz Center 1st, 170-5, Guro-dong, Guro-Gu, Seoul, Korea Fax : Homepage : President Tel : C.P : jsp0246@prozen.co.kr PROZEN Vice President Tel : C.P : ksshin@prozen.co.kr

23 Your Reliable Partner for Success THANK YOU FOR LISTENING TO OUR PRESENTATION