Media Release Muttenz, January 16, 2014 – Clariant, a world leader in specialty chemicals, announces that the largest PDH unit has begun production in Tianjin, China, using CATOFIN ® technology. This 600 kta unit is also the first PDH unit in China. It uses the CATOFIN process and catalyst, a technology that is licensed through CB&I. The Bohua unit exceeded nameplate capacity in the first month of operation, illustrating the stability and ease of operation that is characteristic of CATOFIN units worldwide. Clariant recently completed a capacity expansion for these high performance catalysts at its site in Louisville/Kentucky, USA. Demand for CATOFIN catalysts has grown rapidly in recent years as shale gas growth has created increased demand for on-purpose propylene production. In China, high demand for polypropylene and other propylene derivatives has boosted PDH interest. Several new CATOFIN production units will begin production in China in the next 12-18 months. CATOFIN technology and catalyst correspond to a reliable and less complex production process for on-purpose olefins/butadiene production with efficient energy consumption. New generations of catalysts with significant performance improvement have been commercialized successfully in the last few years. CATOFIN technology has been selected by 34 licensees worldwide and is in operation in 12 units today. ® TRADEMARK OF CLARIANT REGISTERED IN USA. Clariant’s CATOFIN ® Technology drives world’s largest propane dehydrogenation unit New 600 kta Propane Dehydrogenation (PDH) unit on-stream in November 2013 New unit exceeded nameplate capacity in the first month of operation First PDH unit operating in China

Clariants Catofin Technology Drives Worlds Largest Propane Dehydrogenation Unit En

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Clariant Media Release - Catofin

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Page 1: Clariants Catofin Technology Drives Worlds Largest Propane Dehydrogenation Unit En

Media Release

Muttenz, January 16, 2014 – Clariant, a world leader in specialty chemicals, announces that the largest PDH unit has begun production in Tianjin, China, using CATOFIN® technology. This 600 kta unit is also the first PDH unit in China. It uses the CATOFIN process and catalyst, a technology that is licensed through CB&I.

The Bohua unit exceeded nameplate capacity in the first month of operation, illustrating the stability and ease of operation that is characteristic of CATOFIN units worldwide.

Clariant recently completed a capacity expansion for these high performance catalysts at its site in Louisville/Kentucky, USA. Demand for CATOFIN catalysts has grown rapidly in recent years as shale gas growth has created increased demand for on-purpose propylene production. In China, high demand for polypropylene and other propylene derivatives has boosted PDH interest. Several new CATOFIN production units will begin production in China in the next 12-18 months.

CATOFIN technology and catalyst correspond to a reliable and less complex production process for on-purpose olefins/butadiene production with efficient energy consumption. New generations of catalysts with significant performance improvement have been commercialized successfully in the last few years. CATOFIN technology has been selected by 34 licensees worldwide and is in operation in 12 units today.

® TRADEMARK OF CLARIANT REGISTERED IN USA.

Clariant’s CATOFIN® Technology drives world’s largest propane dehydrogenation unit

New 600 kta Propane Dehydrogenation (PDH) unit on-stream in November 2013

New unit exceeded nameplate capacity in the first month of operation

First PDH unit operating in China

Page 2: Clariants Catofin Technology Drives Worlds Largest Propane Dehydrogenation Unit En

MEDIA RELEASE

CORPORATE MEDIA RELATIONS KAI ROLKER

Phone +41 61 469 63 63 [email protected]

STEFANIE NEHLSEN

Phone +41 61 469 63 63 [email protected] www.clariant.com Clariant is a globally leading specialty chemicals company, based in Muttenz near Basel/Switzerland. On December 31, 2012 the company employed a total workforce of 21,202. In the financial year 2012, Clariant recorded sales of CHF 6.038 billion for its continuing businesses. The company reports in four business areas: Care Chemicals, Catalysis & Energy, Natural Resources and Plastics & Coatings. Clariant’s corporate strategy is based on four pillars: managing businesses for profitability, research & development and innovation, growth in emerging markets, and repositioning of the portfolio. About CB&I CB&I (NYSE:CBI) is the most complete energy infrastructure focused company in the world and a major provider of government services. Drawing upon more than a century of experience and the expertise of approximately 50,000 employees, CB&I provides reliable solutions while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.cbi.com. Press release and photography can be downloaded from www.clariant.com or www.PressReleaseFinder.com.