Color and special effect masterbatches pre-tested to ISO, US Pharmacopeia, European Pharmacopeia, and ICH Q3D protocols for identification and differentiation

Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired businesses into our operations, such as IQAP Masterbatch,

By offering both liquid and solid masterbatch solutions, we better ensure that the chosen technology is the best one for each customer's specific needs," explained

Ten engineered material and Masterbatch solutions provided global service improvements for panels on off-road vehicles

Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: our ability to identify and evaluate acquisition targets and consummate acquisitions; the ability to successfully integrate acquired businesses into our operations, such as IQAP Masterbatch,

Factors that could cause actual results to differ materially from those implied by these forward-looking statements include disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; the current and potential future impact of the COVID-19 pandemic on our business, results of operations, financial position or cash flows including without any limitation, any supply chain and logistics issues; the speed and strength of growth in the global 5G infrastructure market; our ability to achieve the strategic and other objectives relating to the acquisition of Clariant's Masterbatch business, including any expected synergies; changes in polymer consumption growth rates and laws and regulations regarding plastics in jurisdictions where we conduct business; fluctuations in raw material prices, quality and supply, and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve the anticipated financial benefit from initiatives related to acquisition and integration working capital reductions, cost reductions and employee productivity goals; our ability to pay regular quarterly cash dividends and the amounts and timing of any future dividends; information systems failures and cyberattacks; our ability to consummate and successfully integrate acquisitions; and amounts for cash and non-cash charges related to restructuring plans that may differ from original estimates, including because of timing changes associated with the underlying actions.

The new operations, located in the area’s Ranjangaon industrial zone, manufactures specialty solid masterbatch and liquid color and additive formulations.

We also completed the divestiture of Performance Products & Solutions (PP&S) and announced an agreement to acquire Clariant’s Masterbatch business. Proud The clear momentum an internally is underpinnin and Performance. 74424.indd main_5 3/16/20 12:25 PM Annual Report | 2019 6 P R O D U C T S 4424_NARc5.indd main_6 3/17/20 12:52 PM 7 Annual Report | 20197 Annual RepRe ort | 2012 9 0% 20% 40% 60% 80% 100% 2005 2010 2015 2019 PF** $14M $117M $273M $500M Over 85% of Adjusted EBITDA from Specialty % o f A d ju s te d E B IT D A * * Adjusted EBITDA is EBITDA excluding corporate costs and special items **2019E Pro Forma for the acquisition of Clariant’s Masterbatch business with synergies of $60M and the divestiture of our PP&S segment using 2018 financial information Specialty EBITDA Distribution $14M 87% 66% 46% 7% Since 2006 when we began our transformation to become a specialty company, we have been refining our portfolio of solutions and services to best serve our customers. Two months later in December, we announced a definitive agreement to purchase Clariant’s Masterbatch business, a landmark acquisition and a watershed moment for our company.

To prepare samples with an active ingredient, a linear low-density poly(ethylene) masterbatch “AMPE 143101” 2 ZANDER ET AL. The loading of ZPT was reduced from 1500 to 1250, and 750 ppm, and a blue tint colorant masterbatch was added at two levels, 3% and 6% by weight of the final compound. B) Photograph comparing samples containing equivalent loadings of ZPT; natural color plaque (left) and a plaque containing blue tint masterbatch (right) ZANDER ET AL. 7 (99.99%) in S. aureus at ZPT loadings of 1000–1500 ppm (Figure 2).

Controlled dispersion and high-quality carbon black materials enable you to achieve optimal performance for high-temperature extrusion and molding processes.