IRPC Process License PTT Group P&R Technology Day

September 19,2012

Cop

yrig

ht ©

201

2, IR

PC

Pub

lic C

ompa

ny L

imite

d. A

ll rig

hts

rese

rved

www.irpc.co.th

Performance Culture

Superb Products Portfolio

Management

Technology Driven Growth

Excellent Capital

Discipline

Integrating our capability to support our steady growth

“TO BE THE TOP QUARTILE INTEGRATED PETROCHEMICAL COMPLEX

IN ASIA BY 2014”.

5

Copyright of Styrenic Business Management Division CONFIDENTIAL 6

IRPC has succeeded in formulating an acrylonitrile-butadiene-styrene (ABS) engineering polymer using natural rather than synthetic rubber.

This Green ABS, claimed to be the first in the world, cuts the amount of synthetic rubber used by 20-50%. The development is seen by the

company as part of its overall sustainable business strategy

7

SAN resin is not designed for commercial sale. Due to higher market demand. Catalyst process is our project to replace thermal process for higher quality SAN resin. In Cooperation with TOYO Engineering Japan to be co-licensor.

We are not a commodity

9

“Now we transform….”

Passion

Aspiration

“The best sales approach is simply the one that does not

require selling”

Dr. Pailin Chuchottaworn IRPC President 2009-2011

We have experience in building and manufacturing plant from 18,000 MTA to 180,000 MTA for over 20 years.

1991 1993 1996 1999 2004 2008 2013

Start ABS1 : 18,000 MTA

ABS2/SAN1 : 36,000 MTA

ABS3/SAN2 : 80,000 MTA

Compound Unit : 96,000 MTA

ABS4 : 100,000 MTA

ABS5 : 120,000 MTA

ABS6/SAN 3 : 180,000 MTA

15

Green ABS Process License with TOYO Engineering JAPAN for preparing to License Company

16

We filling patent registration from 2010-2012 ~ 31 items

Commodities

Differentiated

Specialties Product

License

Innovation Product

Typical Licensing Activities

Pre-Sales Activity Advertisement,sales promotion,preparation of presentation,technical brochure, etc

Sales Phase

Proposal Phase

Project Phase

Post-Project Phase

Technical Presentation

Receiving inquiry or ITB

Preparation / submission of Technical proposal Technical negotiation meetings

Preparation / submission of Commercial proposal Commercial negotiation meetings

Preparation / submission of License Agreement License agreement negotiation meeting

Project Award / Execution of License Agreement

Down payment / Effectuation of License Agreement Kick-off Meeting / Project Execution (Preparation of Process Design Package )

Key Design Meetings / Training / Commissioning & Start-up Assistance Performance Guarantee Test Run / Final Acceptance

Technical After Service / Technical Update Information Exchange Etc..

R&D

OPERATION & EN & MA TEC

MKT

Associating

One Team

25

Special Thanks who behind the scene

Dr. Pailin Chuchottaworn Mr. Atikom Terbsiri

Mrs. Chitra Thawara Mr. Chansin Treenuchagron Mr. Sahaschai Panichapong

Mr. Nuntachai Prapawatwech And Team

Copyright of Styrenic Business Management Division CONFIDENTIAL

“If You want to go quickly Go alone If you want to go far Go together. ”

26

African Proverb