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POLIPROTECT

M&G’s new barrier solution

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Poliprotect differs from M&G’s previous solution, Actituf, primarily because of the technology used, the BicoPET.

BicoPET ™ is an innovative technology patented by M&G which allows to mix in a single chip the active barrier (preventing the oxygen entry) and the passive barrier, BASF’s new nylon Ultramid X17 (preventing the loss of CO2).

In such a way M&G offers to converters the possibility to have both active and passive barrier without the need to dose. This avoids possible errors and limits the necessity for quality control.

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Standard PET

BicoPET

Poliprotect & BicoPET:Poliprotect & BicoPET:

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M&G’s new range of barrier resin:

• Poliprotect PB (passive barrier)this is the solution for products that require passive barrier only:

CSD Ready to drink

• Poliprotect APB (active and passive barrier)this solution guaranties a high active barrier associated with the necessary passive barrier for the following applications:

Juices, smoothies, juice based products Beer, Wine Milk and dairy products Food applications (ketchup, salad dressing, etc...)

• Poliprotect JB (juice barrier)this solution suits particularly products that need medium active barrier:

Juices, smoothies, fruit based beverages Food applications (ketchup, salad dressing, etc...)

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The BicoPET™ structure:

• For the PB grade, the core of the pellet contains the passive barrier.

• For the APB grade, the core contains the passive barrier while the shell is made of modified PET mixed with the active barrier.

• For the JB, the structure is identical to the APB but with a nylon content significantly lower.

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PET

Nylon

Polyprotect PB

PET/new scavenger

Nylon

Polyprotect APB & JB

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What are the advantages of BicoPET™?

• No additional investment required by the converter because it is dried, injection molded, and reheat blow molded like standard PET

• No separate handling system for nylon

• No dosing errors

• Excellent dispersion

• Barrier active only when bottles are blown which allows to keep preforms at stock without time limit

• Recyclable

• Fully approved by FDA and EC

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With Poliprotect, a perfectly transparent bottle:

Material tested Haze*, %

Standard PET 2.4

Standard PET + 7% nylon (MDX6) 15.5

Poliprotect 2.8

*Haze is measured by Gardner haze meter.

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Ultramid® X17, the key to our transparency:• What makes Poliprotect unique in comparison to the other existing solutions is the

new nylon Ultramid® X17 included in each pellet.

• The development of Ultramid® X17 is the result of a considerable R&D investment from the part of BASF for the exclusive use of M&G.

• This innovative nylon has a perfect compatibility with our modified PET and allows to have high transparency in the final bottle appearance.

• The comparison with the MDX6 (in the same % of dosage) shows that the final haze on clear bottles is dramatically reduced.

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With Poliprotect, the same bottle resistance as standard PET:

Poliprotect vs Standard PET mechanical characterisation 500 ml bottle

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Burst Top load Creep

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Polyprotect

• Burst (bar): it determines the bottle strength by pressurizing it until it bursts.• Creep (%): it examines the progressive expansion of a bottle once it is filled and

carbonated and then put under pressure.• Top load (kg): it measures a container's maximum resistance to a vertical pressure.

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With Poliprotect APB, a permanent barrier on O2

• The red line indicates the rate of 1 ppm of 02 ingress which is the typical market requirement.

• It appears clearly that Poliprotect APB’s performance exceeds by far this target and therefore is the ideal barrier solution for sensitive beverages.

O2 ingress - Fibox monitoringBeer bottle 28 g 500 ml

storage temperature 22°C

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STD + 7% Nylon

STD + 4 % AMOSORB

Polyprotect APB

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Poliprotect continous barrier on O2

500 ml - 2.8 vol@22°C28 mm PCO neck

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High protection against Vit. C loss

This test was commissioned by an Italian top-quality juice This test was commissioned by an Italian top-quality juice maker on a 250 ml bottle 100% Poliprotect APB + barrier maker on a 250 ml bottle 100% Poliprotect APB + barrier cap filled with a smoothies (100% juices of mixed fruits)cap filled with a smoothies (100% juices of mixed fruits)

The Vit. C loss is very limited due to the fact that the oxygen The Vit. C loss is very limited due to the fact that the oxygen ingress is prohibited by the barrier scavenger, also odour ingress is prohibited by the barrier scavenger, also odour and color test show no evident change during time.and color test show no evident change during time.

SMOOTHIES 100% FRUIT (strawberry + other fruits)

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Long lasting barrier for juices

This graph represents a real test done with a premium orange juice (100% pure juice) that has given a very positive results after approx 9 months shelflife.

The customer was using mulitlayer bottles and comparing the Poliprotect results on Vit. C loss saw no difference with its solution and switched to Poliprotect.

This will grant the customer higher flexibility and economical convenience at the same barrier performance.

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4 wk 37°C 8 wk 37°C Start 4 wk 20°C 12 wk 20°C 18 wk 20°C 26 wk 20°c 36 wk 20°C 40 wk 20°C

brown transparent

Vit C loss of orange juiceppm Vit C

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With Poliprotect, a reliable and flexible barrier on CO2

• Poliprotect was developed to meet current market requirements on CO2.

• Nevertheless, in case of higher performance needs on passive barrier, our solution can easily be adapted by adding a greater % of nylon.

• CO2 loss simulation- 1L Bottle - 52 g

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Poliprotect performances versus competitors solutions

Attività 170PA/081000 ml - 38g PCO - 2,8vol

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Poliprotect APB- 280°C

Poliprotect APB - 300°C

Polyshield

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Masterbatches

• M&G has homologated a family of colorants from Holland Colours, which have perfect compatibility with our Polyprotect resin.

• The same co-operation is ongoing with Colormatrix, Clariant, Repi, Toyo, Sukano, Polyone.

• Upon request, M&G can homologate a specific masterbatch in short time.

• Already a list of colorants tested and approved to be used with Poliprotect is available.

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PoliProtect is recyclable PoliProtect is recyclable as part of the regular PET as part of the regular PET streamstream ::

• Extensive testing has shown that PoliProtect has the Extensive testing has shown that PoliProtect has the same physical properties as PET when recycled at same physical properties as PET when recycled at 25%25%

• PoliProtect is fully recyclable in the colored bottle PoliProtect is fully recyclable in the colored bottle stream stream

• Due to the presence of nylon a color shift can occur Due to the presence of nylon a color shift can occur during recycling of bottles into the clear stream during recycling of bottles into the clear stream

• At projected market penetrations of around 2%, At projected market penetrations of around 2%, testing has shown color shift well within the testing has shown color shift well within the recycling industry’s tolerance levelsrecycling industry’s tolerance levels

• Sorting equipment exists which can move nylon Sorting equipment exists which can move nylon containing flakes to the colored streamcontaining flakes to the colored stream

• Recycled resin can be tonedRecycled resin can be toned

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EEC approval – FDA - Migrations

• Poliprotect fulfills the requirements of the European Community and national food packaging regulations.

• None of the substances listed in Directive 76/769/EEC are present in this resin

Poliprotect has received the FDA in 2008.

• In Fraunhofer Institute Poliprotect PET bottles for juices were screened for migration of relevant compounds with satisfactory results. (available report with results)

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Manufacturing areas and R&D

Poliprotect resins are produced today in:

• Europe, Italy, Patrica (south of Rome) – M&G Polimeri Italia

Installed capacity: 30.000 MT/year

• USA, West Virginia (Apple Grove) – M&G Polymers LLC

Installed capacity: 60.000 MT/year

• M&G is working on improvement and innovation in barrier PET through the work of the two R&D centers:

- R&D in USA, Sharon Center for resin

- R&D in Italy, Rivalta for packaging application of the barrier resins

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M&G a reliable partner

Thanks to our past experience as preform producer (M&G sold its Thanks to our past experience as preform producer (M&G sold its Packaging BU in 2008 to Plastipak), we work with our customers Packaging BU in 2008 to Plastipak), we work with our customers as consultants also for specific projects.as consultants also for specific projects.

In this context our Technical Assistance, and our R&D people In this context our Technical Assistance, and our R&D people combine their know-how to offer a support for launching new combine their know-how to offer a support for launching new product packaging or for the restyle of existing one.product packaging or for the restyle of existing one.

In this area we provide together with the support of Proplast In this area we provide together with the support of Proplast Institute the following services:Institute the following services:

- Production of preforms/bottles samplesProduction of preforms/bottles samples

- Study for new design of preforms/bottlesStudy for new design of preforms/bottles

- Tests on permeation (02 and Co2) Tests on permeation (02 and Co2)

- Test on Vit. C for juices or other beveragesTest on Vit. C for juices or other beverages

- Mechanical tests: creep, burst, top loadMechanical tests: creep, burst, top load

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M&G Registered Patents

• Mg30:Polyester resin blends with high-level gas barrier properties(Barrier Composition)

PET/ PA mix with domains between 200 - 400 nm

• Mg41:Transparent polyester resins and articles there from(Appearance)

PA domains in Bottle or Preform in the range of: 30 – 110 nm

• Mg48: Article comprising light absorbing composition to mask the visual haze and related method (Appearance)

Use Colour to mask Haze: any Domains between 400 – 700 nm

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The Mossi & Ghisolfi Group

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The structure of the Mossi & Ghisolfi Group

M&G Group Business Units

Polymers BU Acetate BUChemtex

Polyester Fiber

PET standard grades

PET barrier grades

PET foamable gradesRecycling

PTA

Film

Film

Diocetate Plastic

Triacetate Plastic

Diacetate Textile

R&D

Eng. & Tech

Project Management

Procurement

Construction

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M&G is the global leader in PET production

The M&G group is today the biggest PET producer thanks to its total capacity of 2 Millions tons of PET per year

Suape, Brasil

Altamira, Mexico

Apple Grove, WV USA

Patrica, Italy

TOTAL APPROX

kt/year

600

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450

300

2000

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Polymers B.U. - Market Shares

M&G Group: a 10% market share in 2009 that makes M&G Group the world leader of the PET market

Others 49%

M&G 10%Eastman 8%

Invista 7%

Far Eastern 5%

La Seda 5%

NanYa 4%

Wellman 4%San Fang Xiang

4%Indorama

4%Based on 2009 capacities

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BangaloreEngineeringEngineering

MumbaiEngineering

HoustonHoustonNorth America North America Regional OfficeRegional Office

Sharon Sharon CenterCenterR&D CentreR&D Centre

Apple GroveApple GroveResinResin

AltamiraAltamiraResinResin

Poços de CaldasPoços de CaldasResinResinFiberFiberR&D CentreR&D Centre

IndaiatubaIndaiatubaRecycleRecycle

PaulPaulíínianiaPTAPTA

CaboCaboFiberFiber

WilmingtonWilmingtonEngineeringEngineeringCentral OfficeCentral Office

MilanMilanGroup Head OfficeGroup Head OfficeEurope Reg. OfficeEurope Reg. Office VerbaniaVerbania

ResinResinCellulose AcetateCellulose Acetate

RivaltaRivaltaR&D CentreR&D Centre

Pignataro M.Pignataro M.FilmFilm

PatricaPatricaResinResin

TortonaTortonaGroup Head Group Head OfficeOffice

Sao PauloSao PauloSouth America South America Regional OfficeRegional Office

SuapeSuapeResin Resin

BeijingBeijingEngineeringEngineering

ShangaiShangaiEngineeringEngineering

A worldwide presence:

MumbaiMumbaiEngineeringEngineering

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Thank you