COMPANY OVERVIEW 2019

September 1, 2019 1cornerstonevalve.com

COMPANY OVERVIEW 2019

• Privately held in Missouri City, TX – US Manufacturer

• 30 Years of Operation & Reference List• In-house Engineering Design, Testing &

Inspection • Licensed to Monogram API 6D / 6DSS / 6A

PSL 1, 2, 3, & 3G Certified• QMS Certified to ISO 9001, API Q1

About Us


Our History• 2003 – First Major deep-water platform topside valves shipped into Gulf of

Mexico

• 2004 –Obtained API Q1

• 2008 –Hyperbaric chamber testing successfully completed for 8” – 12” valves for BHP Shenzi Project

• 2013 – Cornerstone Valve acquires Eii Valve Co., facility relocated to Stafford, Successfully delivered major project for Petrochemical svc inTurkmenistan

• 2014 – Delivered 12” thru 48” API 6D Trunnion Ball valves for KBR International,developed First 10k Positive Isolation Valve

• 2015 – Successful Fire Test completed on ORGA Seal Valves (API 6FA), developed and shipped 10k Compact Valves to Gulf of Mexico

• 2016 – Top Entry Soft Seated 10k valve passes API 6A PR2, and developed state of the art cryogenic ball valve.

• 2017 - 10” – 14” Top Entry in line repairable, 10K, DPE with lip seals, Metal seated ball Valves to API 6A PSL 3G, API 6D-SS Monogram awarded

• 2019 – API 6DSS Subsea valves for 2000m water depth, Pressures up to 11,000 psi, Moved to Missouri City

• 1990 – Cornerstone Valve founded, Aerospace workbegins

• 1991 – US Navy work begins, First Oil & Gas OrderShipped

• 1993 – API 6D and API 6A Monogram awarded

• 1994 – First Subsea valve manufactured

• 1998 – Metal Seated Valves HT PolypropyleneService shipped

• 1999 – Top Entry Valves for HP Maleic Acid Serviceshipped

• 2000 – ISO 9001 Obtained, Nitrogen Service LaunchPad Valves shipped

• 2001 – 10K HP Gas System Valves & Refinery Valves forMetal seated Hot Gas at +700F shipped


• Particle Impingement (Impact)• HTHP• Thermal Transient• Erosive• Corrosive• Multi Phase• Cavitation• Flashing

Severe Service

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Scope


Onshore & Offshore Production

•Wellheads

•API6A Ball Valves

•Subsea – 6DSS & 17D

•Rotary Control

•Boarding Valves

Transmission & Pipelines

•Ball Valves - USA

•API 6D – Global

•Flanged Floating

Refining & Petrochemical

•Coker Applications

•High Temp/High Pressure Acid

•Split Body Floating – Metal Seated

•Catalyst Applications

Process Systems

•Top Entry High Pressure 15k+

Gathering Systems

•ESD Packages

•10K+ Valves

•Positive Isolation

•Topsides

•Compact Valves

•Cryogenics for LNG

Current Approvals


Safety Is Our Focus

• As engineers & specifiers you must do your best to assure that what is installed assures Life Safety & Performance!

• Remember! Your decisions really do make a difference! We have to require that suppliers have to do a 100% material Documentation & Testing.

• Start at specification stage! Ensure that industry standards are followed.

• Subsea intervention costs are very high far outweighing a “cost saving” that may be offered!

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Committed to maintaining a quality

management system that provides for :

• Continuous Analysis for Quality and Process

Improvements

• Emphasizing Defect Prevention

• Compliance To Customer

Requirements

• Promoting Employee Awareness To

Achieve Customer Satisfaction

Quality Management System

Monitor and measurement of processes :

• Internal and External Audits,

• Management Reviews,

• Customer Surveys

• Corrective/ Preventative Action Program


6D-01646DSS-0073

6A-0321 6A PSL 1, 2, 3, 3G

Q1-0165

ISO 9001:2015Reg. No. 0450

• USA manufacturer of API 6A, 6D 6DSS, B16.34, ASME Boiler Code valves (and combinationsthereof).

• Serving Oil & Gas markets (Upstream, Midstream and Downstream) Mining, Power, Pipeline, Refining, Subsea and Cryogenic applications.

• Multiple successful API 607/6FA Fire Tests on proprietary designs• Successful Fugitive Emission type testing per ISO 15848-1

Licenses & Certificates


• Subsea design experience to 10,000 ft water depth

• High pressure design (API6A) & experience to 15,000 psig

• liquid or gas Zero Leakage

• Subsea, Onshore, Offshore, & Aerospace

• Abrasive services - ‘Solids proof’

• High temperature design & experience to 1600°F

• Low temperature design & experience to -320°F

• Power & Refining valves

• Rotary Ball Control technology

• D-ball trim

• Multistage Slot Trim (developed for US Navy)

• Noise Reduction

Technology


Engineering Methodology


The method began with hands on materials science process development of construction and seal materials, and the resulting experience of how those materials behave at their limits (temperature, stress, corrosion, friction, erosion, adhesion, etc.).

The developed product design method, while not unique in broad strokes consists of: 1) defining the desired result (new product or, problem, in the case of an application product solution), 2) invention of a theoretical concept of materials and construction, 3) validation or disproof of theory with creation of a calculation and simulation method, 4) creating manufacturing drawings/instructions in an iterative loop of solid modeled assembly configuration and calculation/simulation, 5) manufacture and test/validation, and in most cases, shipping the prototype to the customer.

It’s at this point; the calculation and simulation method becomes the engineering template for variations of product.

S -Specify and configure: both valve experience and material science

A -Apply material and components

M -Math cad calculations to applicable codes / B16.34 / ASME boiler pressure vessel code section VIII, div. 1

S -Simulation

Finite Element Analysis

Valve bodies, ball stems and spheres, bonnets, and bolting

We utilize Solid-works F.E.A as a tool for design & analysis of every pressure containing/controlling component of our valves

• 3,000 psig N2 Service

• 36 installed on Launch Pads

• Each opens in 0.016 seconds under full differential pressure

• [limit switch-limit switch]

Severe Service Aerospace


TE1 - 6”-1500

Severe Service 6DSS Subsea

• Metal & Soft Seated Ball Valves

• Pressure classes 150 – 2500 Lbs

• Flanged RTJ, RF, Hub, BWE and SWE connections available

• Water depths to 10,000 ft.

• Hyperbaric Testing

• One of only 2 U.S. manufactures with the license to monogram API 6DSS Products


Skid used on Devil’s Tower Top Entry Riser isolation shutoff12” 1500… zero leak Ball Valve (BHP Shenzi Project)

Subsea Top Entry Ball

Severe Service API 17D Subsea


API 17D, 2-1/16” 10K Top Entry Ball

ROV Operated Actuation for Subsea

Bluewater Project

Atlantis (BP)


Main Export Valve on BP Atlantis24” 1500…zero leak … 170K barrels/day crude oil

Mad Dog (BP)


8” API 10,000 BALL VALVE

Mad Dog (BP)

3-1/16” API 6A 10,000


High-Cycle Isolation for LNG

• Rising demand for gas processing has led to higher volume at LNG and FLNG facilities. New operations expect more from valve functionality in the field.

• Why robust designs?• Longevity of service• Reduce maintenance cost/downtime• Safety• Versatility of operation--same valve can be used

for multiple temperature ranges


Cornerstone ValveProduct Line

EE/ES SeriesEnd Entry Ball Valve• 2 and 3 Pc Design, Bolted Body, Forged Materials

• Trunnion Mounted, Bi-Directional Shut-off

• Sizes: 1” – 48”, Full or Reduced Bore

• Pressure Class: • ANSI B16.34, API 6D – Class 150 to 4500 • API 6A – 2,000 to 15,000 PSIG

• Rigid Ball, Stem & Trunnion Design

• DBB / DIB, Soft Seats or Metal Seat Option for Zero Leakage

• Temperature: • -50 Deg. F to +1500 Deg F (High-Temp)


Subsea Ball Valve• 2 and 3 Pc Design, Bolted Body, Forged Materials• Trunnion Mounted, Bi-Directional Shut-off

• Sizes: 1” – 48”, Full or Reduced Bore

• Pressure Class: • API 6DSS – Class 150 to 2500 • API 17D – 5,000 to 15,000 PSIG

• Rigid Ball, Stem & Trunnion Design


• Water Depths to 10,000ft

• Hyperbaric Tested to 11,000ft


• 1 Piece, Forged Body Design, Trunnion Mounted, Bi-Directional Shut-off

• Sizes: 1.5” to 26”, True Full Bore or Reduced Bore

• Pressure Class: ANSI B16.34, API 6D Class 150 to 4500 API 6A - 2,000 to 15,000 psig

• Single Piece Ball/Stem/Trunnion

• Top Entry, In-Line Repairable


• Temperature: -50 F to 1500 F (Hi-Temp)

TE-1 SeriesTop Entry Ball Valve


TE-3 SeriesTop Entry Ball Valve

• 3 Piece, Forged Body, Trunnion Mounted, Bi-Directional Shut-off

• Sizes: ½” to 26” – Full or Reduced Bore

• Pressure Class: ANSI B16.34, API 6D – 150 to 4500API 6A – 2,000 to 15,000

• Top Entry, Single Piece Ball/Stem/Trunnion



FBC SeriesCryogenic Ball Valve • 2- or 3-Piece Design, Forged Material

• Sizes: 1/2” – 12”

• Temperature Range -320F to +400F

• Pressure Class: ANSI B16.34, API 6D – 150 to 2500

• Side Entry, Supported Ball, Extended Bonnet

• Soft Seated Design, Bi-Directional / Uni-Directional

• ISO 15848 Type 1 Certified

• Leakage Classification Per Chevron SPC0118


TP1 Series Power Valve

• 1 Pc Body Design, Top Entry, In-Line Repairable

• Metal seated, Single or Double Seated

• Sizes 5/8" to 4“

• Pressure Class: ANSI 600 to 4500

• Temperature: -50º F to +1,200º F

• Metallurgy, End Connections & Actuation to customer specifications

• Leakage Class to customer specification

• Zero leakage available


D-Ball Series• Sizes: 1.5” to 12”• Pressure Class:

ANSI B16.34, API 6D – 150 to 4500API 6A – 2,000 to 15,000

• High rangeability - max Cv / min Cv

• Space – typically smaller space than globe

• Ease of automation

• Tight shutoff (typically ANSI/FCI CL V or VI)

• Uni-directional sealing-Upstream!

• In-line serviceable

• Noise Reducing

Rotary Control Valve


• 1 Piece Forged Body• Pressure Class:

ANSI B16.34, API 6D – 150 to 4500API 6A – 2,000 to 15,000

• Double Block & Bleed Application

• Sizes 1” – 24”

• Side Entry & Top Entry Designs

• Industries Served – Refinery; Chemical & Petro-chemical; Oil & Gas – Subsea to Pipeline; LNG/Cryogenic

BNB SeriesBall Needle Ball Valves


SB2 SeriesSplit Body Trunnion Ball• 2 pc Forged Body

• Size 1” to 32”, Full and Reduced Bore

• Pressure Class – ANSI Class 150 – 1500

• End Connections - RF / RTJ / Weld Ends / Hub Ends / Special

• Trunnion Mounted, Bi-Directional Shut-off

• Leakage Class – Bubble Tight (Soft Seated) • ANSI/FCI 70.2 – Class V & VI (Metal Seated)• ANSI B16.34 & API 598

• Temperature – -50 Deg. F to +1600 Deg. F (High Temp)


Cornerstone ValveSolutions

Formosa Plastics’ polypropylene reactor let-down service struggled to keep its severe-service valves working. Spending an average of $5,000 per week, constantly repairing valves, attempting to maintain operating standards.

Cornerstone proposed and installed our solids-proof severe-service split-body design (SB-2) in replacement to the problem valves. • The SB-2’s scraper seat face cleans the ball as it cycles

4x/minute—preventing product from jamming the valve components and polymerizing onto the ball face. Cornerstone’s model SB-2 valves have been in continuous service at this facility, without issue, for 20 years!

Petrochemical Industry - Polypropylene Service (1022°F)

Valve Specs: 2” ANSI 600 Split-Body Trunnion Mounted Ball Valve. Body: 410SS, Trim: 17-4PH / HCP, Seat: Stellite


Refining Industry - FCC Catalyst Switching Application (1472°F)

PEMEX’s Cadereyta Refinery contacted Cornerstone Valve to produce custom valves for an FCC catalyst fines separator system—a highly corrosive, high temperature service. Third-stage catalyst fines particles are extremely fine, each particle being 1/5th the diameter of a particle of baking flour—an extremely toxic inhalant.

Cornerstone was called in to implement a trunnion mounted split-body design capable of handling this service, when competitor valves had failed after a few weeks of service. Produced in 1993/94, those valves still operate in a North American refinery without requiring service. Subsequently, valves installed in many refineries in both North & South America, in both fines removal and catalyst recirculation systems, remain trouble-free.

Not one trunnion-mounted SB-2 has required replacement since installation at this facility. Valve Specs: 6” ANSI 300, Split Body Trunnion Mounted Ball Valve.

Body: 316, Trim: 316 / NBC, Seat: Stellite


Oil & Gas Production Industry - Natural Gas Injection Service (250°F)In a major oil field in Boquerón, Venezuela, ARCO/BP needed to maintain field production pressures by compressing and re-injecting natural gas.

Cornerstone was called upon to supply the high pressure (API 10K) hub-end ball valves in several sizes. After several years of operation, a number of other brands of valves developed multiple seal failures causing both leak-through (internal) and external leaks. But not Cornerstone’s!

Cornerstone’s trunnion mounted valves continue to work, without issue – many installed more than 17 years ago.


Valve Specs: 5-1/8” API 10k, 1-Piece Top Entry Trunnion Mounted

Ball Valve. Body: 4C, Trim: 17-4PH + CC, Seat: Chrome Carbide

Thank you!

Documents

COMPANY OVERVIEW 2019