Viridis 25

Sustainability

Journey through

Chemical Recycling

Muayad Al-FaresiGlobal Business Director - PET

About Us

Top 2% of European Chemical Industry

sustainability performance in 2018

SchkopauManufacturing

350K mt/yrR&D and TS&D

FrankfurtSales

ParisRaw Materials &

Sales

MilanoCommercial & Sustainability

Case for Recycling

Drivers

EU Industry Commitment

EU Plastic Directive

Plastic Europe(PO/PVC/PS)

EUPC-Petcore(PET/PO/PVC/ECRA)

60% re-use and recycling of plastic packaging by

2030

100 % re-use, recycling and/ or recovery of all

plastic packaging by 2040100% recycling of collected PET

packaging material.

65% recycling and reuse of PET packaging material collected by 2030. *

•Amongst which, 30% of closed loop

• 50% of plastics must be recycled.2025

• All plastics must be recyclable

• 55% of plastics must be recycled

2030

Rising Demand in Recycled Content

Issues and Concerns

2016 PET bottle collection rates

* Consumption volume takes all applications (bottles, trays, etc.) into account

PET Recycling Rate Deficiencies

Source: PCI Wood Mackenzie

CountryCollection Volume 2016

(000 tonnes)Consumption Volume 2016

(000 tonnes)Collection Rate

D 613,3 713,0 86%

K 1267,6 2434,0 52%

Total Region 1880,9 3147,0 60%

Collection Discrepancies

Source: PCI Wood Mackenzie

Recycled Flakes Quality

First indicator 2018: Stagnating collection rate and deterioration bales quality

The Viridis Journey

Viridis Story: Chapter 1

In 2007 EQP started an R&D project aiming to increase the sustainability of its products by using a certain % of r-PET.

The R&D study led to the definition of a patented techonology to feed flakes (WO 2012/041436 A1) aiming to use up to 10% of rPET as feedstock replacing fossil raw material

The key components of the process are:

•Patented technology to feed flakes

•Color Matching System

•Definition of proper flakes specifications

EQP launched with the support of The Coca Cola Company in Q4 2009 Viridis 10 a PET grade containing up 10% rPET

Viridis Story: Chapter 2

• In Q2 2016 EQP and Coca Cola started the discussion to frame a LOU on Viridis 25, based on EQP in using rPET as feedstock in the virgin PET production.

▪ Manufacturing Start-up: Q4 2019▪ CO2 Emissions: - 54%

*Coca Cola/ EQP joint statement for press release

EQP / Viridis 25 contributes to Coca-Cola's global strategy of a "World Without Waste" by increasing the amount of

recycled material in its PET bottles *

Viridis 25 Timeline Project

Apr-18 Jun-18 Aug-18 Oct-18 Dec-18 Feb-19 Apr-19 Jun-19 Aug-19 Oct-19

Detailed engineering of main equipment

Board approval

Long term delivery item (extruder) order

Long Term Delivery item waiting

Installation phase

Start up

Testing

Start normal production

Way Forward

Takeaways…

• Waste collection limitations. Incentiveschemes.

• Quality of PET flakes. Not all Plastics arecreated equal.

• Regulatory framework as driver forpromoting behavioural changes

• Collaboration accross value chain is thekey sucess factor in closed loop recycling.

An oasis of SUSTAINABILITY

We help in converting an island of

Insane-ability

to

Thank You