Fuel Specialties. Introduction

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1 Fuel Specialties Introduction

2 New Name: Innospec We have drawn a line between our past and our future Octel was an outdated name Too many misconceptions Our business has changed TEL market is in transition Specialty chemicals now constitute our core products and our future

3 A new identity that reflects our business today The name is derived from Innovation and Specialty Chemicals It represents a new beginning for us innovation specialty

4 Our mission is To be recognized, in our chosen markets, as the leading provider of innovative specialty chemical solutions, delivering value to our customers and shareholders

5 Innospec is the holding company for our three businesses Performance Chemicals Innospec Inc. Fuel Specialties Octane Additives

6 Our Performance Chemicals business A leading provider of performance chemicals used in a wide range of everyday products and industrial processes

7 Our Octane Additives business Our Octane Additives business produces tetra ethyl lead (TEL) - we are the only manufacturer in the world

8 Our Fuel Specialties business We are the leading dedicated manufacturer and supplier of fuel additives and solutions that help improve fuel efficiency, boost engine performance and reduce harmful emissions

9 Refinery Specialties The Refinery Specialties business provides a comprehensive range of fuel additives providing costeffective ways of achieving fuel specifications and maximising yields of premium refinery fuels.

10 Performance Specialties The Performance Specialties business has developed a range of gasoline and diesel performance additive packages. Particular expertise exists in formulating multifunctional packages to suit a customer's requirements with respect to fuel quality and marketable performance.

11 Heating Specialties Heating Specialties manufactures and supplies a broad range of additives for the Heating Oil (LHO/residential fuel) market.

12 Power Specialties Power Specialties has over fifty years' experience in optimising fuel oil treatment for the fuel and power industry, irrespective of the type of plant, its age or the fuel quality being used. We have the people, the knowledge and the technical resources to develop new chemicals and highly complex formulations. We also have the skills to apply engineering systems to solve difficult and wide ranging problems.

13 Fuel Borne Catalysts Fuel Borne Catalysts markets the fuel treatment Octimax. This innovative fuel borne catalyst is designed to regenerate diesel particulate filters without compromising engine performance.

14 Marine Specialties Marine Specialties is the largest supplier of heavy fuel oil treatment in the world with a broad product range to help handle the complexities of fuel treatment at sea. With expertise in R & D, application development, dosing systems and additive distribution, you can also expect dedicated technical support and unrivalled service, backed up by a fully integrated supply chain and an international network of sales offices.

15 What is Marine Specialties - Formation Innospec have been supplying products to the marine industry since 1998 PLUTO(cen) products Innospec identified the best of the rest in CP3500 and Bycosin acquisitions completed in June 2001 Full integration in 2002 (Marine Specialties) Re-Brand of our product range took place in May 2004: Octamar Global coverage in sales, technical service and distribution Brings the experience, technology, people and service together to form the leader in Heavy Fuel Oil treatment

16 Market Drivers - Potential Problems Pre-Combustion Asphaltenes - Incompatibility - Stability.. sludge in tanks.. clogged filters.. purifier efficiency.. FO heaters.. viscosimeters Catfines - Wear of fuel equipment Combustion Asphaltenes - Spray pattern High Boiling Point & MCR - Delayed ignition -After burning - Incomplete burning - Carbon deposits Catfines - Wear of engine parts Post-Combustion Vanadium, Sodium and Metals - Hot corrosion - Turbocharger fouling - Exhaust valves burning Sulphur - Cold corrosion Carbon/Hydrocarbon - soot deposits - Turbocharger fouling - Boiler/Economiser fouling - Risk of boiler fires

17 Solutions & Applications Pre-combustion Additives Improve fuel stability Improve fuel compatibility Have a positive detergent effect on organic material Combustion additives reduce unburned carbon deposits, maintain cleaner lube oil resulting in less engine wear significantly increase economizer cleanliness reduce unburned carbon impact on the environment

18 Solutions & Applications Post-combustion Additives Increase the melting temperature of Vanadium (V) / Sodium (Na) components (sodium vanadates) Ash deposits on exhaust valves and turbo-chargers will be inhibited/reduced with a magnesium ash inhibitor/modifier Economizers will stay cleaner for longer by using a combustion catalyst Marine Specialties A number of specialty additives, not specifically for HFO

19 Pre Combustion: Stability & Compatibility 0 min 1 min 2 min 3 min 4 min 5 min 6 min 0 min 60 min HFO without Innospec fuel stabiliser HFO with Innospec fuel stabiliser

20 Marine Specialties Product Range Pre-combustion Additives Octamar TM BT-8 is an oil soluble fuel dispersant/stabiliser. Octamar TM BT-8 PLUS combines OctamarTM BT-8 with a combustion catalyst.

21 Marine Specialties Product Range Combustion Additives Octamar TM CP3500 is a completely metal-free organic fuel oil combustion catalyst. Octamar TM F is a concentrated solid combustion catalyst. Octamar TM HF 69 is liquid, has the agent Octamar F pre-solved in a high aromatic solvent. Octamar TM MP-3 PLUS is a concentrated liquid combustion catalyst.

22 Post-Combustion: High Temperature Corrosion Before field test August 1996 After field test August 2000

23 Marine Specialties Product Range Post-combustion Additives Octamar TM MP-4 is an ash inhibitor and combustion catalyst. Octamar TM MP-55 is an ash inhibitor and combustion catalyst, highly concentrated organo-metallic additive for marine boilers burning heavy fuel oil.

24 Customer Service Marine Specialties has established four Customer Service Centres (CSC s) to centrally take care of customer enquiries, orders, etc.: Piraeus, Greece (G&T) Limassol, Cyprus ( EMEA ) Littleton, CO, USA (Americas) Singapore (Asia Pacific)

25 Logistics: Worldwide Stock Points Rotterdam Singapore Houston Seattle Oakland Los Angeles New York Philadelphia New Orleans Miami Panama Hawaii Bremerhaven Algeciras Piraeus Ulsan Yokohama Dubai Hong Kong Durban Cape Town Fremantle Melbourne Not all stock points carry all our products.

26 Marine Specialties Dosing Equipment Necessary Dosing equipment for additives A variety of appropriate dosing systems is available to assure the proper additization of our products to the fuel prior to its combustion, covering various capacities: Two types of the dosing units are manufactured by the Dutch company Aquality in Rotterdam o o GammaL pump (2-20 l/h) Vario pump (10-75 l/h) The special blending and dosing unit for Octamar F is manufactured by the German company Hötten

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