Transcript Slide 1

Introduction

Core Activity Protecting Maritime Chemical Tankers And Their Cargoes Using Cutting Edge Technology

Introduction

Advanced Polymer Coatings

Advanced Polymer Coatings historically is a Polymer Technology Company developing engineered polymers for High Performance in ...

Corrosion Resistance and Temperature Resistance

Introduction

Company History Leading Up to

Marine

LINE

1987 – 1989 Began Research and Development into High Temperature Polymers for Military and Aerospace Use

Introduction

Company History Leading Up to

Marine

LINE

Developed Siloxirane Built Missile Composite Bodies Fins for Patriot Missiles

Introduction

Company History Leading Up to

Marine

LINE

While working on composite missile parts, United Technologies Corp, tested Siloxirane in Nitratetraoxide and Hydrozine

Siloxirane outperformed all other materials!

Introduction

Company History Leading Up to

Marine

LINE

1989 Developed First Siloxirane Coating Required High Heat Cure Used in Rail Tank Cars for 98% Sulfuric Acid and Tallow

Introduction

Company History Leading Up to

Marine

LINE

1991 1992 Developed Low Heat Cure and Ambient Cure Siloxirane Patents Issued for Siloxirane Polymer

Markets Serviced

Chemical & Petrochemical Industry

Reactor Vessels

Storage Tanks

Pipes

Pollution Control Equipment

Secondary Containment

Waste Water Neutralization

Markets Serviced

Paper & Pulp Industry

Digesters

Black Liquor Tanks

Bleaching Systems

Markets Serviced

Mining Industry

Acid Tanks

Slurry Pipes

Scrubbers

Markets Serviced

Steel Industry

Pickling Tanks

Acid Waste Neutralization

Cement Floors

Markets Serviced

Waste Water Industry

Clarifier Tanks

Flocculation Basins

Concrete Containment

Markets Serviced

Transportation Industry

Over the Road Tank Trailers

Hopper Cars

Rail Cars

ISO Tank Containers

Markets Serviced

Power Generation Industry

Flue Gas Desulphurization Systems

Stacks

Ducts

Markets Serviced

Maritime Industry

Chemical Tanker Cargo Tanks

Slop tanks

Steamlines

Scrubber Internals

Marine LINE Technology

Polymer Technology Comparison Epoxy 2 Functionality 4 Crosslinks MarineLine 28 Functionality 784 Crosslinks Higher Functionality Produces Higher Cross Link Density...

Marine LINE Technology

Higher Functionality Produces Higher Cross Link Density... Resulting in:

Higher Chemical Resistance

Higher Temperature Resistance More importantly it greatly resists Permeation (Absorption) and Chemical Attack

Marine LINE Technology

The Product Highlights

In conclusion

Marine LINE

784 delivers superior product performance.

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Resists all IMO cargoes Superior bond strength and adhesion Non permeable for product purity Very low VOC – 108 grams/liter Can be applied to pitted corroded steel Maximum cargo flexibility, product cycling Repairable Can carry food grades

Marine LINE Technology

Market Limitations Prior To

Marine

LINE

Problems with Phenolic Epoxy Coating

Absorbs Cargoes to High Levels (depending on cargo)

Absorbs Cargo Relatively Slowly

Releases Absorbed Cargo Very Slowly

Small Traces May Be Retained

Subsequent Cargo Contamination

Marine LINE Technology

Market Limitations Prior To

Marine

LINE

Problems with Zinc Silicate Coatings

Absorbs Cargo Quickly

Retains Oil Like Cargoes

Subsequent Cargo Contamination

Limits Back Hauling Capability

Not Resistant to Acids, Caustics, and Acid Containing Oils and Urea

Performance Comparison

Marine

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vs. Phenolic Epoxy METHANOL

% Absorption After 45 Days Immersion

Days Recovery (Desorption) With Ventilation @ 30 deg.C.

Test by Independent Testing Laboratory

Performance Comparison

Marine

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vs. Phenolic Epoxy % Absorption After 45 Days Immersion Ethylene Dichloride (EDC) Days Recovery (Desorption) With Ventilation @ 30 degree C Test by Independent Testing Laboratory

Performance Comparison

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vs. Stainless Steel MarineLine outperforms Stainless Steel in non-contamination of Edible Oils

Certificate of Analysis No. 10556435 dated 26 July 2005 from Chemical Laboratory “Dr. A. Verwey”

Performance Comparison

Benefits of

Marine

LINE

Cargo Versatility

Resistance Comparison of 131 Commonly Carried Cargoes

MarineLine Resists all IMO Cargoes

Marine LINE Application

THE FCG ADVANTAGE

Advanced Polymer Coatings' have established a “Field Control Group (FCG)” to align superior product performance with superior project management.

Marine LINE Application

THE FCG ADVANTAGE

The synergistic effect of this integration provides the ship owner with APC’s in house Project Management:

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Surface Contamination Test DH and Humidity Test Surface profile test Verification of SA 2.5

Dry film thickness test 100% pinhole test @ 3000 volts Solvent wipe test Heat Curing The Single Source Responsibility permits a full 5-year guarantee backed by an insurance policy

Marine LINE Application

THE FCG ADVANTAGE

More importantly, the complete inspection of all functions from surface prep through heat curing provides customers with guaranteed risk-free, long-term performance

Marine LINE Application

Heat Curing

Heat Curing on Deck Tanks

Benefits

Marine

LINE

Increases Your Profits Enhanced Marketability!

Versatility and Flexibility in Cargo Carriage. Switch from Methanol to Acrylonitrile to Fatty Acids to Caustics to Food Grade Oils Economic Reality!

The Higher the Purity Requirement, the Higher the Profit

Benefits

Marine

LINE

Increases Your Profits

Easier Cleaning

Smooth, Non-Stick Surface MarineLine Ra 0.7 vs Ra 1.8 for Phenol Epoxies

Lower Quantity of Slops

Faster Turn Around

Increase in Ship Value

Rapid Return on Investment

Economic Impact

Marine

LINE

Increases Your Profits MarineLine’s Non-Absorption Delivers Faster Turnaround and Increased Profits due to faster Cleaning, for example: Vessel: 28,000 DWT Chemical Tanker Cargo: Methanol From Europe to the Middle East Number of trips: Normally 19 Trips Per Year Earnings: Approximately 16,000Euros/Day Phenol Epoxy Cleaning and Dry Time - 8 Days (Normal) MarineLine Cleaning and Dry Time – 4 Days( with difficult cargoes) Difference of 4 Days Per Trip 4 Days x 16,000Euros x 19 Trips = 1,216,000 Euros Extra Profit With MarineLine Per Year, equivalent to 76 Extra Sailing Days

Economic Impact

Marine

LINE

Increases Your Profits Based on

Days Spent

Chemicals used

Labour

Other consumables

Economic Impact Marine LINE

Increases Your Profits In Newbuildings COMPARATIVE COSTS 37,000 dwt Double Hulled Chemical Tanker Stainless steel tanks $75 million New building cost Daily amortization (operating 275 days/year) 12 years @ about 3% $23,433 Operating costs/day Total cost/day Revenue/day for methanol at $0.69/dwt

frt@34usd/mt, 8Voy/yr,35000mt cargo lift

(Loss) or Profit/Day $6,162 $29,595 $25,530 ($4,065) Don't Risk Your Ships to the Wrong Coating!

Specify

Marine LINE

® for Long-Term, Profitable Performance MarineLine $37.8 million $11,810 6,162 $17,972 $25,530 $7,558

References

Warnings in Marine Publications DE/LE LLOYDS (BELGIUM), 29 DEC. 1999

Swedish Club Warning on Phosphoric Acid Damage to Stainless Steel Tanks Cost U.S.$1.5Million to Correct Damage On One Tanker

MOTOR SHIP, OCT. 1999

The Salvage Association Warning Published in This Magazine Phosphoric Acid Causes Problems in Stainless Steel Tanks. Multi Million U.S. Dollars Cost to Shipowner to Correct Damage

Summary

Reality / Conclusions

In Newbuilds it Greatly Reduces your Capital Investment

It is the most versatile coating allowing carriage of all IMO cargoes

Due to shorter cleaning days it reduces your turnaround time giving additional revenue earning days

Ideal for tanks which store slops where mixtures of all other cargoes have to be accommodated

Summary

Reality / Conclusions

Performance far superior to other proven products in the Cargo Tank Coating Industry

Advanced Polymer Coating’s in house management provides assurance that application is properly done

Full five year guarantee Don't Risk Your Ships to the Wrong Coating!

Specify Marine LINE ® for Long-Term, Profitable Performance

Contact THANK YOU !

ADVANCED POLYMER COATINGS, LTD.

AVON, OHIO 44011 USA PHONE: +01 440 937 6218 FAX: +01 440 937 5046 EMAIL: [email protected]

WEBSITE: www.adv-polymer.com