ADVANCED & INNOVATIVE

SOLUTIONS FOR THE BOPET

MARKET

Sergio Bresciani
Clariant Masterbatches RBL IMEA
Head of Marketing and Key Account
Management
22.07.2016
2
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Table of Contents

BOPET Process and technology 3

Clariant Value Proposition for the BoPET market 10

Advanced and Innovative Clariant Masterbatches Solutions 14

o Antiblock system
o UV content protection
o Antistatic Agents
o Flame retardant
o O2 barrier system
BOPET
PROCESS & TECHNOLOGY

Sergio Bresciani
Clariant Masterbatches RBL IMEA
Head of Marketing and Key Account
Management
22.07.2016
4 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

The BoPET process and requirements

 Dosing – Granulated chips of PET are dosed and mixed wıth
scrap and suitable additives are added

 Extrusion – the mix material is melted and plasticised to

achieve homogenity

 Die Casting – the melted materials of each layer are cast in

the die

 Vertical stretching – after hearing, the cast sheet is stretched

vertically (annealing process)

 Horizontal stretching – the cast ıs stretched horizontally

before annealing and this determıne the wıdth of BOPET film

 Pull Roll Station – after measurement of thıckness the film is

treated by corona treatment fo allow printability

 Wider – the film ıs then wound onto metal rolls

 Slitter – the cool fılm ıs unwound from metal rolls and wound
Source: PC I –world market for BOPET to 2017 ınto paper rolls to be commercializwed
5 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

BoPET main applications and requirements for easy process

Packagıng

 Polyester grades IV from 0,65

 Winding speed up to 500 m/min
Magnetic Image and
tape Graphic  Several converters have in-house
polycondensation
 Film thickness from 0,9 µm to 500 µm
 Typical thickness 12 µm – 150 µm

Solar
LCD
Pannel
6 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

BOPET Market Source: PCI Film Consulting Ltd / Industry source

Geographical and End use split «merchant» - converter not using film for captive use

World BOPET film capacity by Regions (K-Tons) World BOPET film capacity by end use (K-Tons)
Region 2012 2015 2017 End-use 2012 2015 2017
W-Europe 362,5 369,5 376,5 Imaging and graphics 127,3 121,5 116,1
E-Europe 46,2 56,7 67,2 Magnetic tape 15,0 14,1 13,2
N-America 402,5 443,5 484,5 Packaging 1.700,1 1757,8 1817,5
LATAM 40,0 67,5 97,0 E&E 634,1 669,4 707,0
C-E Asia 2.183,4 2.799,0 3.413,0 Other Industrial 681,3 697,6 714,4
S-E Asia 775,5 856,5 938,0 World 3.167,8 3.260,4 3.368,2
MEA 183,0 221,0 259,0  Over the last 10 years the BOPET world has changed from ımaging
World 3.993,1 4.813,7 5.635,2 and magnetic tape to packaging, back sheets for photovoltaic
pannels as well as other industrial applications .
 The world BOPET film market has grown by an average of 7,2%  The decline has been balanced by a substantial growth on
p.a. packagıng that today is the predominant application area
 «Merchant*» market ha been growing stronger  Most growing area.is Electrical and Electronical with a growth of
 Excluding the decining market of tape, the market is growing by over 15% over the last 5 years
10,0% p.a.
7 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Film type definition and future trends

THIN FILM – 50 MICRONS AND BELOW THICK FILM – OVER 50 MICRONS

The past The past

 Magnetıc tape  Imaging and graphıcs

The present The present

 Flexible Packaging (71% of the total end use  Photovoltaic (PV)

application)
 Flat panel screen (LCD)
The Future
The Future
 Thinner thickness
 Hıgh optical quality films for flat screens
 Flexible Packaging will remain the large application
 PV and OLEDS will remain the main application
 Electronical and Electrical Application

The market of thin film is expected to grow about The market of thick film is expected to grow more
7,0% CAGR in the next 5 years. than 6,8% CAGR ın the 5 next years
.
8 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

The variaty of application of BOPET in flexible packaging

Laminated coating metallized BOPET foil protect foods against oxydation

Lidding film for dairy goods ın white BOPET Lidding clear film for fresh and frozen ready meals

Roasting bags Metallized film

Laminated sheet metal used in cans

9 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

What’s the hurdle of a BOPET producer?

From the process Functionality required by specific applications

 Constancy in production  Colored film
 Dispersion  Controlled opacity
 Controlled IV  UV resistance
 Clarity and transparence of the film  Flammability resistance
 Electrical charges  Improved barrier propertıes
 Constancy of the thickness
WHAT A CLARIANT
MASTERBATCH CAN DO TO
SUPPORT A BOPET
PRODUCER

Sergio Bresciani
Clariant Masterbatches RBL IMEA
Head of Marketing and Key Account
Management
22.07.2016
11 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Clariant's masterbatches Value Proposition for BoPET

BOPET Solutıons
 Full portfolio in Additives and Colors
 Highly dispersed Masterbatches highly loaded
 Right choice of particle size distribution, particle size and shape for the most
important additives and colors used in lamination
 Polyester based in crystalline and amorphous form
 Controlled IV values for BOPET Masterbatches
 Lab and analytical equipment e.g. CoF, IV, filter test and haze measurement
 Co-extrusion line to produce sheet samples
 Technical support available
12 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Clariant's Masterbatch Solutions for BoPET Additives...

Function Clariant Product Application and Propertıes

Matting agent CESA-matt NEA0025824 Matting for glossy surface

(amorphous)
Antiblock agent CESA-block NEA0025691 Excellent dispersed antiblock solution, highly loaded
(amorphous)
Antioxidant CESA-nox NEA0025520 Process stabilizer

Pinning agent CESA NBA0025546 Increased conductivity

Antistatic agent CESA-stat NEA0025549 Migrating antistatic system

UV absorber CESA-light 7501 Standard content protection

UV absorber CESA-light NEA0025850 High performance content protection

UV protection CESA-light NEA0025023 Protection for PV back sheet

Flame Retardant CESA-flam NBA0025561 Halogen free flame retardant system for DIN 4102 B2, transparent
CESA-flam NEA0025540 systems
O2 barrier CESA OCA0050140 Content protection against oxygen

BaSO4 Masterbatch CESA-fill NEA0025797 60% loaded with BaSO4

13 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

...and for BoPET Colours

Color Clariant Product Application and properties

White masterbatch Renol NE00025757 60% TiO2 loaded and excellent dispersed

Black masterbatch Renol NE94025548 High loaded and well dispersed, Food contact approval Europe

Amber masterbatch Renol NE21025600 Colour for metallized gold film

ADVANCED AND ıNNOVATıVE
CLARıANT MASTERBATCH
SOLUTıONS

Sergio Bresciani
Clariant Masterbatches RBL IMEA
Head of Marketing and Key Account
Management
22.07.2016
15 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Antiblock system
CESA-block NEA0025691
(*)
 Highly loaded and outstanding dispersion

 Based on synthetic silica which is also used in the slurry

process

 1,0% to 2,0% dosage to achieve excellent slip properties

 Alternative solution to replace the slurry process or to low

loaded Masterbatches

 Excellent cost/price advantages due to less NWC (Net

Working Capital) compared to slurry process
Time (s)
 Independent of PET supplier source
(*) COF measuremnet accordıng to DIN ISO 8295
Source: CLT internal measurement
 Approved by several BOPET converters and considered
as market standard
16 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

UV content protection in a 50µm PET Film

CESA-light NEA0025850
UV Absorption of Cesa Light NEA0025850 at 4,5%

100  Protection up to 410 nm

90
80  Complete UV protection against UVA and UVB
Transmission % (nm)

70
60
 Food approval to be checked on each request
4,5 % CESA-light
50 NEA0025850-BN according to LDR of the additive
Virgin PET 50
40 microns
30
 Transparent product
20
10
0
300 350 400 450 500
Wavelength (nm)

Source: CLT internal measurement

17 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Antistatic Agent
CESA-stat NEA0025549
Surface resistivity surface resistivity
200 µm APET 200
film µm
withAPET
CESA-stat NEA0025549
films with CESA®- statat 23 C / 50%atRH
NEA0025549 (IEC
23°C 93)RH
/ 50%

1,00E+14
IEC 93
 Migrating system
1,00E+13  A/B/A BOPET film, thickness 50 µm (typical BOPET
(Ohm*cm)

application)
resistitivity [ Ohm*cm ]

1,00E+12

PET Nature
 Dosage 4,0% CESA-stat NEA0025549 in A-layer
surface resistivity

CESA® - stat 1% NEA0025549

1,00E+11
CESA® - stat 2% NEA0025549

 Surface resistivity 109 - 1010 Ohms, after one year

Surface

1,00E+10

surface resistivity 1011 Ohms

1,00E+09

 Transparent product
1,00E+08
0 10 20 30 40 50 60
Days
Days

Source: CLT internal measurement

18 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Flame retardant
CESA-flam NEA0025540 and NBA0025561
Flammability tests

 Halogen free solution

 Product completely transparent
 Approved according to DIN 4102 B2 flammability
CESA-flam NEA0025540, 15,0% dosage, 200 µm film standard
 Typical LDR 15,0% to be checked according to
applications
 FR tests can be done in our in-house Labs.
CESA-flam NBA0025561, 15,0% dosage, 200 µm film

Source: Clariant internal tests

19 BOPET Process and technology Clariant Value Proposition for the BoPET market Advanced and Innovative Clariant Masterbatches Solutions
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

O2 Barrier system tested in BoPET

CESA OCA0050140
Oxygene ıngress, BOPET fılms – 400 cm2 exposed surface, volume 1,2 l

 Active and passive system

 Enhanced shelf-life of food packagıng
 Food approved for the main legislation
Oxygene (ppm)

Days after filling

Source: Clariant internal tests

Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016
21
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Disclaimer

This presentation contains certain statements that are neither from its vendors on acceptable terms, or at all, and to continue to
reported financial results nor other historical information. This obtain sufficient financing to meet its liquidity needs; and changes
presentation also includes forward-looking statements. in the political, social and regulatory framework in which the
Because these forward-looking statements are subject to risks Company operates or in economic or technological trends or
and uncertainties, actual future results may differ materially conditions, including currency fluctuations, inflation and consumer
from those expressed in or implied by the statements. Many of confidence, on a global, regional or national basis.
these risks and uncertainties relate to factors that are beyond Readers are cautioned not to place undue reliance on these
Clariant’s ability to control or estimate precisely, such as future forward-looking statements, which speak only as of the date of
market conditions, currency fluctuations, the behavior of other this document. Clariant does not undertake any obligation to
market participants, the actions of governmental regulators and publicly release any revisions to these forward-looking statements
other risk factors such as: the timing and strength of new to reflect events or circumstances after the date of these
product offerings; pricing strategies of competitors; the materials.
Company's ability to continue to receive adequate products
BACK-UP

Sergio Bresciani
Clariant Masterbatches RBL IMEA
Head of Marketing and Key Account
Management
22.07.2016
CLARIANT
AT A GLANCE 2016

Sergio Bresciani
Clariant Masterbatches RBL IMEA
Head of Marketing and Key Account
Management
22.07.2016
24 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Clariant at a Glance

5 807 227 4
Sales 2015 (CHF m) Net result 2015 (CHF m)
from continuing operations from continuing operations Business Areas

853 14.7 % 110 in 60 17 213

EBITDA 2015 (CHF m) EBITDA margin 2015
before exceptionals before exceptionals companies countries Employees 2014

A globally leading company in specialty chemicals

A globally leading company in specialty chemicals
25 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Four Business Areas

THE RIGHT PORTFOLIO FOR FUTURE GROWTH

SALES BY BUSINESS AREA CLARIANT'S FOCUSED PORTFOLIO

in CHF m, total 2014: 5 807
Clariant possesses a focused portfolio that distinguishes
itself by:
CARE CATALYSIS & – an above-average growth rate
CHEMICALS ENERGY
– promising future prospects

1 445 704 – high profitability with upside potential

SALES BY REGION
NATURAL PLASTICS &
in CHF m, total 2015: 5 807
RESOURCES COATINGS

1 217 2 441 NORTH AMERICA EUROPE ASIA/PACIFIC

18.5% 33.2% 23.6%

LATIN AMERICA MIDDLE EAST & AFRICA

17.6% 6.9%
BU MASTERBATCHES

Sergio Bresciani
Clariant Masterbatches RBL IMEA
Head of Marketing and Key Account
Management
22.07.2016
27 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Masterbatches

KEY FIGURES 2015 REGIONAL MARKETS

Sales (CHF m) 1.23 bn Middle

East &
Africa
9%
Europe Asia/
Employees ~4000 37% Pacific
23%

Latin
America
15%
North
America
16%

1 Middle East and Africaa

• Clariant Masterbatches is:

• the leading global manufacturer of color and additive
concentrates and technical compounds for the plastics
industry.
• the leading global supplier of moisture and oxygen
control technologies for packaging to the pharma
industry.
28 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

BU MB Global Naas Ahrensburg

Malmo

Production Footprint
Konstantynow
Europe Louvain
Lahnstein
Romorantin Merate
St-Jeoire
Pogliano Lomagna
Sant Andreu

Minneapolis Toronto Lewiston

West Chicago Albion Holden Gebze
Phoenix Winchester Gaziantep
Dalton
Cino Mooresville
Lahore Changshu Shanghai
Belen Karachi
Riyadh Guangzhou
Santa Clara Rania Kalol Taoyuan
Nandesari Vashere Dongguan
Guatemala C. Phan Tong
Maracay Cuddalore Binh Duong
Butterworth
Cota
Singapore

Tangerang

Suzano
Maipu Randburg
Kings Park
Lomas de Zamora Albany
ISO 13485

ISO 15378
29 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Clariant Masterbatches Brands

REMAFIN® RENOL® HYDRO-

CESA®
Masterbatches and
Standard and specialty
Masterbatches and CEROL®
specialty compounds for specialty compounds for
additive masterbatches Chemical foaming
olefins non-olefins
agents

OMNI- MEVOPUR®
HIFORMER® ENIGMA®
Liquid masterbatches COLOR® Dedicated materials for
the medical and Special effects
systems Multipurpose
pharmaceutical sector
masterbatches
30 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

UV content protection in 300µm PET sheet

CESA-light 7501
UV Absorption at dıfferent % LDR of Cesa Light 7501

 Standard solution for (BO)PET applicatıon

 The LDR shown is the typical for structure at 300 µm
Transmission % (nm)

 In case thickness would be lower, the consentration

---- PET Virgin would be recalculated according to the structure
---- 0,7% CESA-light 7501
 The product characteristic is the complete
---- 1,4% CESA-light 7501
transparency
---- 2% CESA-light 7501
 Food approved for the main legislation
Wavelenght (nm)

Source: CLT internal measurement

31 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

UV content protection in a PET/PE multilayer film

CESA-light 7501
UV Absorption in different multılayer structure

 To protect contents, we can play not only on the PET,

100

90
also on the polyolefın part which enhance the film
efficiency
Transmission % (nm)

80

70
PE/PET 60µm_/40µm 4%
60 PEA0025563 and 4% CESA-light  The product characteristic is the complete
7501, thickness 110µm
50
PE/PET 90µm/20µm Referenz transparency
40 without UV , thickness 120µm
30 PE/PET 90µm/20µm: 6%  Food approved for the main legislation
20 PEA0025563 and 2,7% CESA-
light 7501, thickness 90µm
10

0
200 300 400 500 600 700 800

Wavelength [nm]

Source: CLT internal measurement

32 Clarıant at a Glance 2016 BoPET Process and Technology Clariant Value Proposition for the BoPET market Clariant Portfolıo for BoPET
Sergio Bresciani, Clariant Masterbatches RBL IMEA, Head of Marketing and Key Account Management , 22.07.2016

Pinning System
CESA NBA0025546
Resistivity measurement in a PET melt phase

 Increase the conductivity or decrease the resistivity of

Sample Resistivity [Ohm*cm]
the PET in the melt phase
PET Nature 1,64E+09
 Optimize the transport of electrical charge
0,5% NBA0025546 in PET 2,70E+07
 Effective at low levels
1,0% NBA0025546 in PET 3,80E+07

1,5% NBA0025546 in PET 3,80E+07

 Food approval to be checked

2,0% NBA0025546 in PET 3,80E+07

2,5% NBA0025546 in PET 3,80E+07

Source: Clariant internal tests