Moscow, Russia Brussels, Beijing, China Belgium Houston, Texas - PowerPoint PPT Presentation

• Moscow, Russia • Brussels, • Beijing, China Belgium • Houston, Texas • Seoul, • Riyadh, KSA South Korea • Porto Alegre, Brazil

SB rubber SB latex Polybutadiene rubber Ex Nitrile rubber Styrene monomer ABS Resins ADN/HMDA Butyl rubber Polyisobutylene Methyl Methacrylate Ex Isoprene monomer MTBE ETBE LLDPE / HDPE Ex Comonomer Specialities

Source : Dewitt

Euro Per Metric Ton Ratio 2500 3.5 3.0 2000 2.5 1500 2.0 1.5 1000 1.0 500 0.5 0 0.0 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 Delta Butadiene Naphtha Ratio Source : CMAI

2.11 1.60 1.87 2.28 1.95 1.02 1.23 1.87 North America Europe South Korea China 0.52 0.51 0.24 0.21 Taiwan S.E. Asia* Production Domestic Demand *S.E. Asia here only includes Malaysia, Singapore & Indonesia 14

600 Raff-1 500 168 BTD 400 CC4 100 165 300 117 200 372 310 230 42 100 163 93 0 2009 2010 2011 2012 FC 2012 Source : Dewitt

600 500 Raff-1 256 400 BTD 240 CC4 192 300 200 76 284 243 211 100 64 106 71 500 0 2009 2010 2011 2012 FC 2012 450 400 180 350 BTD 300 CC4 250 218 200 200 234 150 127 284 100 45 130 131 50 79 71 66 0 2008 2009 2010 2011 2012 FC 2012

N.W. Europe 55 kt U.S. Gulf 66 kt N.E. Asia 64 kt 79 kt India 36 kt S.E. Asia 17

Operating Rate Million Metric Tons 3.0 100% 2.5 90% 2.0 80% 1.5 70% 1.0 60% 0.5 50% 0.0 40% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Production (-1.2/-0.2) Domestic Demand (-1.6/0.9) Total Capacity (0.3/0.0) Forecast (% AAGR = 06-11/11-16) Source : CMAI

2015 : 150m Mts 2005 : 100m Mts 11% 11% 8% 8% Naphtha 46% Ethane 54% Propane 27% 35% Other

Million Metric Tons 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 N. America S. America Europe CIS & Baltics Indian Subc. NE Asia Africa/Middle East SE Asia Source : CMAI

Energy Ratio Dollars Per Barrel Oil Equivalent 140 120% Source: Purvin & Gertz 120 100% 100 80% 80 60% 60 40% 40 20% 20 0 0% 95 97 99 01 03 05 07 09 11 13 15 Ratio Crude Oil Pipeline Gas TX US Source : CMAI

Company Location Increase Timing BDE EXTRACTION BASF/Yangzi PC Nanjing, China 130 2011 Q3 Fushun PC Fushun, China 120 2012 Q2 Sichuan PC Chengdu, China 150 2012 Q3 Sinopec Wuhan Wuhan, China 120 2013 Q1 Indian Oil Panipat, India 138 2013 Q1 Daqing PC Heilong, China 90 2013 Q1 CPC Lin Yuan, Taiwan 110 2013 Q2 PBI Cilegon, Indonesia 100 2013 Q3 OPAL Dahej, India 95 2014 Q1 Shanghai PC Jinshan, China 65 2014 Q1 Braskem Bahia, Brazil 160 2014 Q1 ON-PURPOSE TPC Houston, US 300 2015 / 2016 RENEWABLE Braskem Rio Grande do Sul , Brazil 100 2013

Thousand Metric Tons 800 Net Exports 600 400 200 0 -200 -400 -600 Net Imports -800 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 N. America Europe Africa/Middle East Indian Subc. NE Asia SE Asia Source : CMAI

Cedric VILLIERE Senior Trader – Olefins Brussels, Be Tel: +32 2 354 68 62 Cell: +32 478 33 60 30 @: c.villiere@integra-global.com Y!: villiere_c • Moscow, Russia • Brussels, • Beijing, China Belgium • Houston, Texas • Seoul, • Riyadh, KSA South Korea • Porto Alegre, Brazil