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Staying Agile

Strategic flexibility

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Exploiting the Upswing

Now’s the time to invest

Page 1

PRODIGY™Bimodal Technology

Status report

Page 3

The MetalloceneRevolution

Just getting started

Page 8

January 2006

D e l i v e r i n g V a l u e t o t h e P E I n d u s t r y

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In This Issue

Exploiting the Upswing

Now’s the time to invest | 1

Staying Agile

Strategic flexibility | 2

PRODIGY™ Bimodal Technology

Status report | 3

Fast-Tracking Transitions

Revolutionary UNIPOL QBC technology | 4

Rigorous Quality Initiative

Pays off for catalyst customers | 6

The Metallocene Revolution

Just getting started | 8

Measuring the Value of Technology

Assessing the big picture | 10

Licensee Activity

New business | 12

elcome to our new president: Ken Glover

Kenneth T. Glover has been named Univation Technologies’ President, bringing to the joint venture 30 years of chemical and polyolefins business man-agement, finance, strategic planning and international management experience.

“To me, PE technology licensing is an exciting business. I’m extremely happy to be with this company and believe it delivers incredible value – and not just in its highly respected technology and strong parental backing. We are very fortunate to have a strong mix of highly experienced people in Univation with heritage backgrounds rooted in Dow, Union Carbide, Exxon and Mobil. Together, this diversity ensures fresh ideas and healthy debate on all issues.”

Prior to Ken’s Univation position, his most recent assignment was Global Marketing Manager for ExxonMobil Chemical’s polyethylene business, encom-passing worldwide marketing responsibility for 11 polyeth-ylene plants and 3 ExxonMobil joint ventures. Previously, Ken was VP Polyolefins Europe, ExxonMobil Chemical, located in Brussels, a position he assumed in 2000 upon completion of the Exxon-Mobil merger, where he had served as Mobil’s VP of Mobil Petrochemicals International Europe, Middle East and Africa.

Prior to his Brussels assignment, Ken was Mobil’s VP Americas for its oriented poly-propylene business. He holds a Bachelor of Science degree in Business Administration from Illinois State University.

Univation Technologies, LLC5555 San Felipe, Suite 1950Houston, Texas 77056 USA

Phone: 1+ 713-892-3700Fax: 1+ 713-892-3760www.univation.com

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© 2006 Univation Technologies, LLC

JANUARY 2006

1

he waiting is over, and, as we all hoped and predicted, the PE market has entered a welcome upcycle. Time to sit back and rest on your

now-profitable laurels? Not if you want to succeed long-term.

This upcycle is an ideal time to invest in your business’s long-term viability – using today’s stronger financial position to shore up your assets, your strategy and your efficiency for tomorrow.

Univation is working closely with producers around the world to do just that, by providing a full range of tech-nologies and services for businesses with diverse needs, business strategies and market characteristics. From reli-able, cost-effective grassroots plants to advanced process control solutions, Univation provides a full spectrum of offerings businesses can leverage now to position themselves for future suc-cess – whatever their needs.

Building new? Build it now

For producers with volume-focused business plans, now is the time to begin new construction. Especially in regions such as the Middle East, where competitive feedstock costs may be less susceptible to market variabil-ity. In China, where producers have production goals related to net trade, now is the time to invest in new-build operations. The proven UNIPOL™ PE process offers the lowest invest-ment for a new-build plant, the lowest operating costs, strategic grade slate flexibility, the highest throughput capability in the industry, and there-fore, the highest NPV project value – a critical financing advantage.

Perfect your mix

For producers in regions such as the U.S. or Europe, where a high-value business approach may be preferred, now is the time to develop

a premium product mix to serve specialty applications which hold their relative value over the business cycle. These producers can leverage Univation solutions for product slate improvements within existing plants. They can also improve business per-formance and margins by reducing costs, using Univation upgrades to ensure more efficient transitions, opti-mized production cycles, and reduced downtime and operator error.

Optimize productivity

Some producers may be hesitant to invest in process improvements dur-ing a downcycle. So, taking the neces-sary steps to optimize efficiency and productivity now, while in an upcycle, will help make the next downcycle a

smoother ride. Univation can provide the technology you need to reduce your operating costs and get the maximum value from your plant.

The Univation advantage

Not only does Univation offer cost-smart solutions for virtually every business scenario faced by today’s resin producers, we offer the critical intangible of confidence.

Univation offers comprehensive technology, catalyst and services options; proven staying power in terms of assets and people, and perhaps most important, adaptability when it comes to future market conditions. If you are ready to make the most of your business – we have what you need.

Exploiting the Upswing:Now’s the time to invest in your long-term strategy

Case in point: Braskem adds value with metallocenes

The retrofit of metallocene technology into an existing UNIPOL PE reactor will allow Braskem to quickly focus on value-added film applications with the opportunity to devel-op and expand into other end-uses as the South American market grows.

Case in point: New plant under way for Qatofin

Positioning itself to be a cost-effective producer for years to come, the Qapco-Total Joint Venture selected Univation’s UNIPOL PE Gas-Phase Process for a new 450 kTA plant in Qatar. Start-up is planned for 2008.

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For PE producers, strategic flexibility is key to long-term success

PE is a dynamic industry, and although we have great tools

for understanding our current market conditions, making projections for the future is a risky business. From the moment you commit to a technology, you can expect your product plans to start changing. Reactor start-up may be three to five years away, and a lot can change in that time. Product per-formance requirements, capacity needs, global market conditions – tomorrow’s market may be a very different place. In addition, as the worldwide PE market has become more global, local producers have a more difficult time meeting all local needs in a cost-effec-tive way. Over time, local producers must be able to adapt their product supply position in response to changes in the flow of products from other sources and suppliers.

It is because of issues like these that grade slate flexibility has never been more important to a healthy PE busi-ness. At any time, critical business drivers can motivate a grade slate shift. A producer may wish to migrate to higher-value applications within its cur-rent general market focus or shift the product mix between LLD and HD to increase margins or productivity. Or introducing new product capabilities for added value – metallocene resins for high performance such as mVLDPE or bimodal HD – may be the impetus for change.

Today, assessing long-term strategic flexibility must be part of a thorough evaluation of any PE technology. With

PE plants operating for well over 20 years (in fact, 27% have been in opera-tion for more than 30 years), what you buy today must provide you the adapt-ability to meet many different market scenarios as time goes on.

What are the capabilities of the tech-nology to adapt to changing market conditions? Just how wide a product mix does it offer, and what is the com-petitive performance of those prod-ucts? What is the upside potential for increased capacity and at what costs? Has the capacity potential been prov-en? Does your technology selection lock you into your long-term assump-tions, or does it have the flexibility to adapt to a changing market?

One of the key factors behind the global success of the UNIPOL PE plat-form is its unrivaled strategic grade

slate flexibility. Producers do not have to be 100% certain of their long-term market assessments, because UNIPOL technology gives them plenty of busi-ness agility. The UNIPOL PE process has the broadest product capability of

any PE process. At any time, a pro-ducer can adapt the production/resin mix to suit evolving market needs. UNIPOL’s product capability allows producers to participate in any major commercial application segment.

Most important, at every phase of the facility life cycle, the UNIPOL process gives producers choices and breathing room when it comes to making business decisions. Strategic flexibility is built into every aspect of our technology, giving our licensees the best shot at a long and prosperous future – whatever that future holds.

• Demonstrated reliability• Lowest investment• Lowest operating costs• Highest throughput• Grade slate flexibility

• Optimize production cycles• Reduce downtime• Minimize operator error• Improve resin mix

• Squeeze out more tons• Improve output quality• Prevent costly mistakes

• Low-cost expansions• Faster on-stream time• Expand to meet business needs

• Adapt resin mix to evolving market needs

BUILDNEW PLANT

OPTIMIZEEFFICIENCY

MAXIMIZE OUTPUT

EXPANDCAPACITY

ADAPTTHE BUSINESS

Staying Agile

JANUARY 2006

PRODIGY Bimodal Technology S T A T U S R E P O R T

PRODIGY CATALYST TECHNOLOGY continues to gain ground in the industry, with commercial runs showing good results, several new licenses freshly inked and new partnerships in negotiation.

Interest in this breakthrough technology is coming from diverse segments, all of which recognize its potential in a broad spectrum of applications, from film to pipe and beyond.

With its ability to produce a range of bimodal products with single-reactor economics, Univation’s PRODIGY Catalyst Technology offers new UNIPOL PE licensees the ability to participate in the widest range of segments across the HDPE market. And it enables existing UNIPOL PE licensees to remain competitive by growing their businesses into higher value and higher growth segments such as PE-100 pipe and bHDPE films.

In addition, our strategic partnerships with other organizations enable us to accelerate a producer’s ability to run a reactor at higher rates, further distancing the UNIPOL process from the competition.

Current licensees of PRODIGY technology include Kazanorgsintez, Rio Polimeros and most recently, PetroChina Dushanzi Petrochemical Company.

Still more licenses are in the works, and several licensees have expressed interest in partnering to extend PRODIGY technology to non-film applications such as PE-100 pipe – further evidence of the technology’s versatility and appealing economics.

On the film front, converter validation of numerous commercial runs has demonstrated end products that are highly competitive with industry standards – with low gels, commercial-quality performance and competitive operating cost.

In the PE-100 pipe market, where infrastructure development is driving rapid demand growth in many parts of the world, customer trials are going well. Customer feedback on resin produced with PRODIGY catalysts has been very encouraging, and the development team is working aggressively to bring the technology across the finish line.

Perhaps most important, current activities are giving Univation valuable experience in the development and use of engineered catalyst systems in the UNIPOL PE process. Unlike conventional bimodal systems, PRODIGY technology is catalyst driven, and perfecting and developing new PRODIGY catalyst systems will be the key to opening doors to new markets and applications for our customers. Our ongoing developmental runs are helping us continually improve our operating processes and procedures for PRODIGY technology. In addition, our strategic partnership with Symyx Technologies is enabling us to accelerate catalyst component discovery and deliver enhancements and new options to our customers faster.

The PRODIGY family of catalyst technologies, with its innovative approach to bimodal production and broad application potential, is well on the road to market success.

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ith polyethylene being the material of choice

for so many diverse applications, reactor

product transitions are a fact of life in the PE business. Many Univation licensees serve multiple application segments with one or two UNIPOL PE reactors. These clients must transition between two or more catalysts and produce many grades with each. Even licensees that focus on just a few product segments or that operate many reactors may face a catalyst change as they move to metallocene LLDPE with XCAT™ catalyst or bimodal HDPE made with PRODIGY catalyst. With this in mind, Univation has developed and patented a new technology that will slash the time and cost of bed-change transitions.

Less disruption, less waste

With UNIPOL QBC (Quick Bed Change) Technology, the resin in a gas-phase reactor is changed out and replaced with an A-Grade granular seed bed of the new product, which is rapidly conveyed into the reactor. Because the new seed bed resin is A-Grade, little or no off-grade material is produced on start-up – especially if Univation APC+ software controls the restart.

Time savings at every step

The UNIPOL QBC system includes enough low-pressure

bins to contain a separate seed bed for each bed change planned in the reactor’s product wheel.

The pelletizing line can continue to operate while a seed bed is captured from the purge bin exit during the previous run of each product. A small purge keeps the bed dry while it waits its turn in the reactor.

After all the previous product is discharged from the reactor (as prime product), the reactor is vented down and is immediately ready for the new seed bed. Considerable time is saved at this stage simply by eliminating equipment lock-out/tag-out and purging and opening the manway. The pre-purged, dry seed bed for the next

product is then quickly conveyed into the reactor without introducing any catalyst poisons. The target is to complete the transfer in one-half to one-third of the time typically required today.

Because the bed is ready and dry and no air was admitted into the reactor, the restart can begin as soon as the bed is transferred. Avoiding time-consuming steps, like close-up, operational preparation, dry-down and purging, adds additional efficiency over the typical open-reactor restart. The bed is A-Grade, and reactor conditions will be near their steady-state values at start-up – so in many cases, no off-grade

material will be created.UNIPOL QBC saves time

even when the reactor has been opened for maintenance. A preserved A-Grade seed bed should deliver at least one bed turn reduction in start-up off-grade material.

Outstanding ROI

Every UNIPOL PE plant has a configuration for storing and charging seed beds, so the upgrade to UNIPOL QBC technology is an incremental investment. Univation’s staff can review your current system and advise you on what would be required to upgrade to the benefits of UNIPOL QBC technology.

The expected NPV (12% discount rate, 15-year project life, US tax code, 300 kTA

Fast-Tracking Transitions: Fast-Tracking Transitions:

Univation Introduces Revolutionary UNIPOL QBC Technology

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UNIVATION TECHNOLOGIES

Simple installation of a pre-dried, purged seed bed bin near a reactor.

unit) of upgrading to UNIPOL QBC technology from a conventional bed bin system ranges from good to outstanding, depending on the customer’s business climate. Some indicative examples include:

• A client who is consistently sold out and can turn extra availability into increased sales may see an NPV of over $6 million by switching from open bed-change transitions per product cycle to a UNIPOL QBC technology transition.

• A client who has a more balanced situation with a normal A-Grade premium and occasional periods where the UNIPOL PE unit’s availability limits sales may see an NPV of over $2.6 million by switching from one open-reactor bed-change transition and one running catalyst-change transition per product cycle to two UNIPOL QBC technology transitions.

• A client with a market that gives a strong incentive of maximizing A-Grade but who does not need more capacity may see an NPV approaching $1 million by switching from two open reactor bed-change transitions per product cycle to two UNIPOL QBC technology transitions.

These scenarios demonstrate how the speed and lower off-grade of the UNIPOL QBC system provide an incentive to change a costly running transition to a bed-change transition.

Univation’s UNIPOL QBC technology will create opportunities for virtually any business to improve A-Grade production, increase annual production, decrease inventory and/or add new products.

It is yet another groundbreaking development from Univation that can deliver considerable additional value to your business.

An alternative installation with a seed bed bin in the reactor structure for fastest transfer.

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JANUARY 2006

Relative Transition Performance for Catalyst Change or Other Major Transitions

Rxn

. Ava

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lity

Tim

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Off-

Gra

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Running* Closed Reactor* Typical Quick Bed Open Reactor Closed Reactor Bed Change Transition

*Not usable on some catalyst transitions

Off-Grade Product Availability Loss

Rigorous quality initiative pays off for catalyst customers

atalyst quality is one of the operating variables that affect a resin manufacturer’s operability, % prime and profitability. Consistent catalyst performance translates into smoother, more predictable and less costly reactor operation.

The final result is more consistent, high quality product for a resin producer to offer to the marketplace. In spite of various catalyst quality initiatives of the past, customer feedback continued to reflect the need for further improve-ment in the quality of our catalysts. The Univation catalyst business listened to the voices of its customers and respond-ed by making catalyst quality one of its top priority initia-tives. Univation realized it needed more than just another quality program. Instead, it needed to completely rethink how a catalyst was produced to discover the break-through technology needed to achieve a new, higher level of quality demanded by its customers.

A cross-functional team was assembled consisting of R&D, quality, engineering, manufacturing and technology subject matter experts. Through the use of the Six Sigma methodol-ogy and literally hundreds upon hundreds of man-hours, the team was able to achieve its ambitious quality goal.

A new approach

Analytical measurements do a great job of characterizing the quality of polyethylene resins and most other products manufactured in the chemical industry. But for catalysts, analytical measurements only provide information about the material balance of the raw materials that go into a batch. They give little information about the integrity of the catalyst’s molecular structure – which is the key to consistent polymerization of the resins they catalyze.

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Because of these limitations, Univation chose a process-driven route to improving quality. The Univation catalyst organization began careful monitoring, measuring and con-trolling of various parameters during each step in the cata-lyst manufacturing process. These parameters include hold times, temperatures, rates, flows and pressures.

Using statistical process control (SPC) techniques, the team then created “process operating windows”– upper and lower tolerances for each step. The goal was to minimize deviation from ideal process conditions in order to maintain tighter control over catalyst batch-to-batch quality and consistency.

Understanding which process variables have the most impact on catalyst performance was the first half of the challenge. Manufacturing catalyst routinely with the new focus on process control was the second half of the challenge. “We had to do far more than just develop a process data-tracking infrastructure,” says Seadrift Operations Quality Specialist, Christian Anfosso. “We had to change our culture. We now have operators doing work in real-time that was historically done only by the day tech staff after a batch was produced. We have trained our operators on the catalyst technology and chemistry, and have taught them to use real-time process data and graphi-cal interfaces. Catalyst manufacturing used to be taking a batch from one step to the next. Now operators are moni-toring details of the process in real time and keeping the process within tight tolerances. We have developed some sophisticated technology, but the real secret to success lies in talented operators who now understand the technology and who take great pride in making catalyst quality the best it can be.”

Today, operating windows are in place for all commercial catalysts produced by Univation. Between the traditional analytical measurements and the newly defined process operating windows, there are now over 100 quality para-meters that are monitored and controlled.

The process operating windows are given the same respect and treatment as the analytical specs that show up on customer COAs. If a batch falls outside one of the

process operating windows, it is disposed of as waste and kept out of the hands of our customers. Univation also recognizes that achieving good quality is not like climbing a mountain. Instead, it is an ongoing journey. The catalyst quality team holds quarterly and annual reviews of all quality parameters and is continually fine-tuning the processes to lower the variation of key quality parameters. The manufacturing process has become much more consistent, and the results have been dramatic, as shown below.

Result

Graphs displaying reduced variation are impressive, but Univation’s true measure of the program’s success comes full circle to what began the initiative: the voice of the customer. “Feedback from our customers has been very positive,” says Catalyst Segment Manager, Toby Smith. “It’s been great to receive positive feedback from our customers of improved operability and catalyst consistency. But what has been truly impressive is the dramatic drop in customer complaints — 50% in just 2 short years.” Univation remains committed to continuous improvement in what we’ve already accomplished and also to finding innovative ways to make new improvements. The job of quality is never done.

Process Parameter in Catalyst Manufacturing

UNIVATION TECHNOLOGIES

The metallocene revolution is just getting started

conomic indicators and producer attitudes around the world clearly indicate a continuing bright future for the metallocene-catalyzed

PE market. Growth in demand for metallocene-based resins remains well above average worldwide. The technology has a firm foothold in North America, Europe and Japan and at present is building steam in other global markets – and for good reason.

The newest advances in metallocene technology give producers multiple routes to value, and exciting technologies are already in the development pipeline.

Why the appeal? In a nutshell: competitive advantage. Metallocene catalyst technology delivers standout product performance – well beyond what other technologies can deliver. The dramatic product differentiation it offers brings value to resin producers, their customers and everyone along the supply chain.

With its ability to produce clearly differentiated end-use products, metallocene technology is becoming a must-have component in virtually any production portfolio. Savvy producers know that long-term success depends on the ability to offer customers as many options as possible. Without metallocenes, converters will simply go elsewhere.

Univation’s XCAT family of catalysts gives producers a way to exploit this trend with confidence. It is the industry’s only well-proven metallocene technology. Its unrivaled track record is backed by Univation’s experienced guidance on everything from technical issues to market development assistance.

Univation’s current metallocene portfolio is based on our HP and EZ catalysts which produce High Performance Resins (HPR) and Easy Processing (EZP) Resins.

XCAT HPR mLLDPE and mVLDPE represent the industry standard – delivering proven results and premium

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Univation’s XCAT family of catalysts gives producers

a way to exploit this trend with confidence.

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JANUARY 2006

products. XCAT EZP mLLDPE, our newer technology, is already being tested by several customers.

And even while these products are building momentum, we’re planning for the future, developing our next-generation XCAT VP “Versatile Performance” family of catalysts. Versatile Performance Resins (VPR) will offer new processability and property performance plus even broader market applicability for customers.

With today’s products continuing to gain market share, and promising innovations not far behind, metallocenes are just getting started.

Ask your Univation contact how XCAT products can contribute to your bottom line.

HPRmLLDPE

LDequipment

LLequipment

VPRmLLDPE

FILM

PR

OC

ESS

AB

ILIT

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F ILM PROPERTIES

LDpure

LDrich

LL rich

LL pure

EZPmLLDPE

Savvy producers know that long-term success

depends on the ability to offer customers as many

options as possible.

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mLLDPE provides performance improvements beyond the reach of any other related technology

UNIVATION TECHNOLOGIES

What will a particular technology really be worth to your business? Answering that question accurately is not simple. Comparing the bottom-line value of available technologies requires more than just cost and revenue comparisons. It’s also critical to determine how well an investment aligns with your long-term business strategy and goals – as well as how much flexibility it leaves you for strategic change down the road.

It starts with a numbers crunchAny technology selection process starts with some basic

accounting. What are the costs of the investment both inside and outside the battery limits? How much are the licensing fees, what are the working capital requirements, what do your depreciation schedules look like? Assumptions such as your anticipated grade slate and resulting revenue must also be examined; i.e., what kinds of resins will you produce, what does your market look like? Will you be producing commodity products or premium-priced niche resins? What are your assumptions about feedstock, utility and other operating costs?

Obviously, basic spreadsheet items like these are the first step to assessing how a technology will pay off for your business. But there’s much more to getting a clear, long-term picture.

Getting specific: customizing data to your worldThe more detailed a portrait you can paint of your planned

investment, the more accurate your projections will be. For example, whether you’re planning a new-build or retrofit and whether your labor costs will be paid in Brazilian real or American dollars, incorporating unique parameters like these is important. So important, in fact, that Univation uses a Business Assessment Tool for potential licensees that enables them to quantify the value of various technologies based on “real-world” strategic and operating parameters.

This tool is extremely robust and can be used to develop optimized projections for different business environments and customer strategies. It even provides the ability to explore “what if?” scenarios, test sensitivities on alternative options and calculate the expected value delivered by a given investment over the entire project or business life.

Measuring the value of technology:

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The critical intangiblesThe choice of a particular technology or licensing partner

will always involve certain intangible elements, and the more formally you can evaluate them, the better.

For example, what is the credibility factor? How confident are you in the candidate technology? What other reactors are running on it, and how well are they running? How are the products perceived in the marketplace? What is the technolo-gy’s track record in terms of starting up on time and on budget? What about the technology’s product performance? Are people buying it?

Demonstrated continuous improvement is another key intangible. Do existing plants demonstrate the licensor’s commitment to improving product perfor-mance, operational excellence, cost reduction and throughput?

Finally, has the candidate been able to deliver new, useful technology to a changing market? Has it kept pace with higher perfor-mance requirements and launched new, higher value products?

The value of strategic flexibilitySome organizations feel they have a very

clear view into the crystal ball of their markets. They’re confident in their business plans, mar-ket expectations and the grade slates they want to produce years into the future. But not every business can afford to pour a concrete product slate in a shifting marketplace.

A technology’s ability to enable you to adapt to changing business demands, be they cost- or demand-driven, will have an enormous influence on your future profitability and the bottom-line value of your investment.

Consider this. A technology selected today is at least three years from reactor start-up. At that point, product performance requirements and a host of other variables may be very different from today’s. Capacity requirements may change, and your product mix may need to shift. How much room will your chosen technology give you to adapt, and what will the cost be to your business if you can’t? Will you be able to make strategic changes opportunistically?

Strategic flexibility and business agility are key advantages of Univation’s technology project. The long-term flexibility (see article, page 2) of the UNIPOL process is virtually unri-valed in the market. We are unique in our ability to produce a wide product slate on a highly competitive basis. From LLDPE to HDPE, bimodal HDPE and metallocene-based resins, if it can be made, it can be made cost-effectively and to exacting standards in a UNIPOL reactor. This flexibility ensures you can exploit opportunities in the market as they arise. With UNIPOL technology, your crystal ball doesn’t have to be perfectly clear, because the choices you make today don’t lock you into a particular business strategy.

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Kazanorgsintez, Tatarstan, Russia

Expanding two of its three existing UNIPOL PE

lines to 220 kTA each, bringing the total capacity

to over 510 kTA. Under the terms of the license,

Kazanorgsintez also has rights to Univation’s newest

PRODIGY single reactor bimodal technology for high-

density film and PE-100 pipe, as well as a complete

spectrum of polyethylene, including high-density,

linear low-density and XCAT metallocene linear low-

density. Project completion is expected in 2006.

Qenos, Altona, Australia

Licensed Univation’s XCAT Easy Processing (EZP)

metallocene technology to practice at their Botany

Bay, NSW, UNIPOL PE plant. The 100 kTA line is

expected to produce EZP mLLDPE in the near future

due to the relative ease of retrofitting an existing

UNIPOL PE line.

“The combination of a wide processing window

and outstanding physical properties will bring our

customers entirely new, higher value PE products

– products that perform better and process more

easily than what they’ve had to work with in

the past,” said Stephen Bell, general manager

of Qenos.

PTT Polyethylene Company Ltd. (PTTPE),Rayong, Thailand

A joint venture between Thailand’s PTT Public

Company Ltd. (PTT) and National Petrochemical Public

Company Ltd. (NPC) selected the UNIIPOL PE Process

from Univation Technologies for its 400 kTA LLDPE

plant. The facility will be the first new build plant

in Southeast Asia to include Univation’s well-proven

metallocene catalyst technology.

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PetroChina Lanzhou Petrochemical Company, Lanzhou, China

A new 300 kTA UNIPOL PE swing reactor is

expected to start up late 2006. Lanzhou is also

the first facility in China to license rights from

Univation to produce metallocene products.

PetroChina Daqing Refining Company, Daqing, China

A new UNIPOL PE line with greater than 200 kTA

of swing capacity is expected to start up in late

2006 or early 2007.

PetroChina Dushanzi Petrochemical Company, Dushanzi, China

Selected the UNIPOL PE process to build two

UNIPOL PE lines, each capable of producing 300

kTA in a full range of product densities. The new

facility will be China’s first to include Univation’s

PRODIGY single reactor bimodal technology for high-

density film, and the second PetroChina facility to

include rights to produce metallocene LLDPE using

Univation’s well-proven XCAT metallocene catalyst

technology. Start-up is anticipated in 2008.

Fujian Integrated Refining/Petrochemical Project, Fujian, China

A joint venture between local Fujian province

interests, Fujian Petrochemical of Sinopec,

ExxonMobil and Saudi Aramco, selected the UNIPOL

PE process to build two 400 kTA lines. Start-up is

expected in 2008. To date, these will be the largest

PE reactors ever built in China.

Printed in USA©01-06 2500

The Univation emblem is a trademark of Univation Technologies, LLC. UNIPOL and UCAT, trademarks of Union Carbide, a subsidiary of The Dow Chemical Company, have been licensed for use to Univation Technologies. XCAT and PRODIGY are trademarks of Univation Technologies.

UNIVATION TECHNOLOGIESPlease send address changes to: COMMUNICATIONS@UNIVATION.COM or the address shown below.

Delivering Value to the PE Industry

5555 San Felipe, Suite 1950Houston, Texas 77056 USA