Innovation for Sustainability

Transcription

1 Innovation for Sustainability

2 Beverages Home Care Apparel Home Textiles Food Pharma Medical Geotextile Indorama Ventures A Leader in Polyester

3 Dedicated to Polyester World Wide Global Polyester Fiber and PET Producer 4 million tons PET per year - 17% global capacity share High-Value-Added PET for specialty applications Commodity and high-value-added polyester fibers Innovation for Sustainability in products and business Backward Integrated to grow Polyester PTA and EG feedstock integration 7.3 million tons total capacity in 55 facilities, 19 countries, 4 continents 6.2 million tons production including PTA/MEG/PET Key Figures: 2014 Revenue: $7.5 billion - 6% Growth EBITDA: $600 million - 30% Growth Employees: >14,000 Note: LTM is last twelve months 3

4 Global Manufacturing Presence 2013 Rotterdam, Netherlands 1 Workington, UK Bobingen & Guben, Germany 4 Klaipeda, Lithuania Wloclawek, Poland PTA: 350kT PET: 200kT PET: 155kT Polyester fibers: 120kT PET: 198kT PET: 140kT PTA co-location with PKN Asheboro, USA PET: 225kT Spartanburg, USA Lopburi, Thailand PET: 180kT Preforms: 965m, bottles: 405m, closures: 1,575m PET & Polymers 400kT Polyester fibers: 70kT Kaiping, China Decatur, USA PET: 432kT Virtual PTA integration with BP Queretaro, Mexico PET: 480kT Polyester fibers: 55kT PET& Film Grade Chips: 276kT Textile grade: 130kT Nakhon Pathom, Thailand Polyester fibers: 101kT Ottana, Italy 2 Port Harcourt, Nigeria 3 Rayong, Thailand Tangerang & Karawang, Indonesia 5 Map Ta Phut, Thailand PTA: 192kT PET: 150kT PET: 75kT PTA: 700kT PET: 86kT Polyester fibers: 110kT PTA: 540kT PET: 108kT Polyester fibers: 144kT 1. Under expansion from 200ktpa to 390ktpa. Expected to come online in :50 JV between IVL and PCH Holding SRL 3. Under construction and expected to come online in Q :25 JV between IVL and Sinterama 5. Polyester fiber capacity to be expanded by 300kT by 2013 Integrated PTA/Polyesters Co-located PET/Fiber Standalone 4

5 Packaging Resins - North America Hot-Fill Polyclear Preserve PET 2201 Preformance PET 1708HS OxyClear Barrier PET OxyClear Shield PET Liquor / Custom Polyclear Crystal PET 3302 Preformance PET 1708CC Water Polyclear Splash PET 3301 Preformance PET N2R CSD Polyclear Refresh PET 1101 Preformance PET ES11 Up to 25% PCR Content FuTuRe-PET Resin 5

6 Reinventing Extrusion Blow Molding for extrusion-blow-molding containers with handles that can be recycled with PET EBM PET

7 Resins for Extrusion Blow Molding Larger containers and containers with handles can require extrusion blow mold processing Higher melt strength required for continuous polymer melt extrusion Typical applications Food and beverage containers Household cosmetics and consumer products Automotive and industrial packaging Containers requiring excellent clarity and gloss Typical materials used today HDPE: Widely used - Easy to extrude Colored/opaque containers PETG: Crystal-clear More difficult to process Recycling challenge PVC: Fair clarity Good melt strength but difficult to extrude PP/EvOH/PP: Opaque - Oxygen barrier Can use regrind 7

8 EBM PET Potential in North America Products in EBM Containers that could be converted to EBM PET containers Estimates [MM lbs.] Liquid Food Bottles (incl. milk) 400 Household Industrial Chemicals 375 Pharmaceuticals/ Cosmetics 85 Motor Oil Bottles 15 Other 125 Total 1,000 Polyclear EBM PET can address and potentially improve sustainability of about 1 billion pounds of EBM material: HDPE: PP/EvOH/PP: PETG: PVC: 825 million pounds - Out of 4.5 billion pounds EBM total 100 million pounds - Hot fill requires higher heat deflection 50 million pounds - Orange Juice/Water in progress 25 million pounds - Various 8

9 The EBM PET Revolution for crystal-clear containers with and w/o handles that can be recycled with PET A revolutionary PET resin for extrusion-blow molding 1. High melt strength for extrusion blow molding process Can be processed on existing equipment with minor modifications 2. Containers can carry the resin code PETE 1 It is a semi-crystalline PET with high melt point 3. Can be recycled with standard PET Obtained APR critical guidance recognition 4. Oxygen permeation similar to PET Higher barrier compared to existing EBM resins 5. Ideal for containers with handles Glass-like clarity and high gloss 9

10 PETE 1 & APR Critical Guidance Recognition for extrusion-blow-molded containers with handles that can be recycled with PET EBM PET

11 A Semi-Crystalline PET = PETE 1 Polyclear EBM PET 5505 is a PET with physical properties very similar to regular PET and can carry the PETE 1 resin code Semi-crystalline polymer with high melt point Material can be dried at PET conditions Melt temperature similar to standard PET with an IV of approx. 1.0 dl/g 11

12 APR Recognition for PET Recycling + APR, the Association of Postconsumer Plastic Recyclers, is pleased to recognize Indorama Ventures Polyclear EBM PET 5505, as meeting or exceeding the APR PET Critical Guidance Document protocol. In addition, Indorama has successfully completed the testing protocol for bottle to bottle, to sheet, to strapping, and to fiber recycling at PTI and is expecting the APR recognition at the October review meeting 12

13 Market Success Tropicana orange juice in 89 and 118 oz. containers with handles Replaced white HDPE jugs to allow for clear transparent container Container show good clarity and drop performance Market roll out in 2013 was a great success Containers have APR Critical guidance recognition and can be fully recycled within the PET PCR stream Converting remaining containers with handles for orange juice o Replace white HDPE jugs to allow for clear transparent container o Replace PETG to allow for recycling with PET PCR Expanding applications require additional functionalities Improved drop performance Higher Heat deflection for hot fill applications 13

14 Expanding PET Extrusion Blow Molding EBM PET is a slightly modified 5505 with higher IV Significantly better drop performance, clarity and gloss Improved and easier processing on shuttle machines Similar in APR Critical Guidance Testing

15 Improved Initial Drop with Reduced Aging Bruceton Drop Heights PolyClear EBM PET Day 7-Day 14-Day 21-Day 28-Day 60-Day Significant better initial drop on larger filled bottles maintained over shelf life 25% higher initial drop and 40% after 60 days due to lack of aging 15

16 APR Critical Guidance Recognition EBM PET 5507 We request APR to review the critical guidance data developed by PFE and issue a recognition letter

17 Pellet IV after Second Heat Cycle The IV drop of Polyclear EBM PET 5507 blends in extruded pellets is within the requirements of the critical guidance of APR Extruded pellet IV s of Polyclear EBM PET 5507 blends with PET are higher than pellet IV s of standard PET after 2 heat cycles IV Drop -Extruded Pellets [dl/g] IV drops of the extruded pellets were within the specification requirement IV of Extruded Pellets in dl/g 100% PET Control 25% EBM PET in PET Control 50% EBM PET in PETControl % PET Control 25% EBM PET 50% EBM PET In PET Control in PET Control 17

18 Solid-State Polymerization Polyclear EBM PET 5507 did not require solid stating with standard PET in the post consumer recycling (PCR) stream due to the high starting IV EBM PET blends and PET control show melting temperatures in the required range of C Final IV s of EBM PET blends are within the required IV range of the PET control with difference of less than 0.04 dl/g after 8 hours Final IV s of EBM PET blends are within the required IV range of the PET control with difference of less than dl/g after 15 hours 18

19 Color & Haze after 3 rd Melt History Polyclear EBM PET 5507 meets the specifications for yellowness and haze in extruded plaques after three heat cycles EBM PET blends showed less than 1 unit shift (b*) and meet the specification EBM PET blends showed less haze than the PET control All plaques shows L* transmission of ~89 to 90 well above the specified Yellowness [b*] Plaques 100% PET Control 25% EBM PET 50% EBM PET In PET Control in PET Control Haze [%] Plaques 100% PET Control 25% EBM PET 50% EBM PET In PET Control in PET Control 19

20 In Summary Polyclear EBM PET 5507 meets the specifications Plastics Forming Enterprise LLC has provided services to evaluate the recyclability for Indorama 5507 EBM PET Bottles. The Evaluation was processed according to the APR PET Bottle Critical Guidance Document. The Indorama 5507 EBM flake was successful when processed through the PET recycle stream simulation. PFE did not observe any fuming, odd odor generation, sticking or residue build up during extrusion/pelletizing and injection molding. PFE determined the intrinsic viscosity, melting point, color and percent haze are within the recommended guidelines of the test protocol. 20

21 Disclaimer NOTICE: This presentation contains selected information about a specific Auriga Polymer Inc. product, or group of products, and particular uses of the same. This presentation does not contain a complete statement of, and does not constitute a representation, warranty or guaranty with regard to, a product's characteristics, uses, suitability, safety, efficacy, hazards or health effects. Purchasers and users of the product are responsible for determining that the product is suitable for the intended use and that its workers and the general public are advised of any risks resulting from such use. Nothing contained in this presentation shall be construed to modify any of the commercial terms pursuant to which the product was or is sold by Auriga Polymers Inc. including, but not limited to, terms and conditions addressing each party's respective rights and obligations with regard to warranties, remedies and indemnification. 21