Ascend Steps up Production of Bulk High-Concentration Hexamine Liquid

HOUSTON–(BUSINESS WIRE)–Ascend Performance Materials, a global leader in the production of
specialty plastics, fibers and chemicals, announced today it has further
accelerated production and delivery of bulk quantities of
FlexaTram™-HMT-200, a high-concentration liquid hexamine product. The
company announced in March the development of hexamine loading
facilities and has been delivering lower-concentration
FlexaTram™-HMT-100 since April.

Ascend’s Chocolate Bayou plant, located near Alvin, Texas, has produced
hexamine for over 50 years, largely for captive use, and the new
capabilities allow the company to support increasing customer demand. As
the largest hexamine production plant in North America, Chocolate Bayou
is ideally situated to serve producers of resin-coated proppants, used
in oil and gas drilling.

“Having multiple concentrations helps us meet the unique needs of our
customers,” said Finlay Morrison, vice president of specialty chemicals
at Ascend Performance Materials. “It ensures that we are matching their
production processes, making them more efficient. Our Chocolate Bayou
team has made it possible for us to step up production and meet customer
demand sooner than expected.”

Ascend’s specialty chemicals division manufactures FlexaTrac™ acids and
esters, FlexaTram™ amines and FlexaTril™ nitriles. The company also
offers several signature products, including Hexatran™, Hextranol™,
Prionil™ and Trinohex™.

About Ascend Performance Materials

Ascend Performance Materials is a global premium provider of
high-quality plastics, fibers and chemicals. Ascend is one of the
world’s largest integrated PA66 producers, with its own in-house
manufacturing facilities, ensuring total security of supply. Ascend’s
product range has earned it an unequalled reputation for quality,
innovative techniques and an enlightened approach to business that
expands the horizons of possibility. With eight global locations and
more than 2,400 people working at our sites around the world, Ascend has
the inspiration, the expertise, the people and the attitude toward
innovation to consistently deliver the right solution for customers.

Together, we’re making a difference.
Together, we’re inspiring
everyday.

More information about Ascend can be found at www.ascendmaterials.com

About SK Capital

SK Capital is a private investment firm with a disciplined focus on the
specialty materials, chemicals and healthcare sectors. The firm’s
purpose is to build strong and growing businesses that create
substantial long-term economic value. SK utilizes its industry,
operating and investment experience to identify opportunities to
transform businesses into higher performing organizations with improved
strategic positioning, growth and profitability as well as lower
operating risk. SK Capital’s portfolio companies generate revenues of
approximately $8 billion annually and employ approximately 9,000 people.
The firm currently manages more than $1.5 billion of committed capital.
For more information, please visit www.skcapitalpartners.com

Disclaimer:

Although the information and recommendations set forth herein
(hereinafter “Information”) are presented in good faith and believed to
be correct as of the date hereof, Ascend Performance Materials
Operations LLC makes no representations or warranties as to the
completeness or accuracy thereof. The full disclaimer of warranty and
liability can be found at ascendmaterials.com/disclaimer.

©2017 Ascend Performance Materials Operations LLC. The Ascend
Performance Materials and Vydyne marks and logos are trademarks or
registered trademarks of Ascend Performance Materials Operations LLC.

Contacts

Ascend Performance Materials
Osama Khalifa, +1 832-963-1347
[email protected]