Paper and Packaging Presentation

Benefits of working with Sasol

• Sasol is a global company• Our values• The Sasol Wax Difference• Safety and Quality• Formulating expertise• Current product offerings

The Sasol Wax Group

• Wholly owned by Sasol Ltd, South Africa (NYSE: SSL)• Wax Group Head office in Hamburg, Germany• Main wax production:

• Hamburg, Germany Petroleum based paraffin wax• Sasolburg, South Africa Synthetic paraffin wax• Richmond, CA Blends, emulsions

• Marketing offices:• Europe• North America• Malaysia• Australia

• 1300 employees

The Sasol Values apply to all Sasol companies

Focus on Customers• We listen to our customers, and meet their requirements with our best products,

service and support systemsWinning with People

• We respect and encourage the contributions of our colleagues• We reward excellent performance

Safety• We work towards world class safety standards to eliminate injuries

Excellence in all we do• We pursue world-class business operating standards and superior performance

within a framework of sound governance and internationally accepted health and environmental standards and practices

Continuous Improvement• We strive to improve our performance

Integrity• We deal with each other, our customers and other stakeholders fairly, openly and

honestly

The Sasol Wax Difference

• World Class Products - Many with unique advantages • Global supply • Relentless innovation and improvement of everything• Technological expertise• Extensive experience in many industries and markets• Deep understanding of customer needs• Customised solutions• Win-win value in long-term relationships• Reliable supply• Highly responsive, flexible, and agile

Sasol Wax North America Corp.

• SWNA is an importer and blender of waxes, manufacturer of wax emulsions.

• SWNA is the North American source of Sasol’s range of Fischer-Tropsch synthetic hard waxes.

• 120 Employees• Plant and Laboratory at Richmond, CA• Bulk tanks at Richmond, CA• Head office and Customer Service at Hayward, CA• 2 warehouses• Website www.sasolwax.us.com

SWNA Supply Capability

• Long term relationships with reputable suppliers, supply agreements• Strong inventory of raw materials and finished products at Richmond, CA• Multi-sourcing of equivalent raw materials reduces reliance on each source• Formulating expertise around various raw materials• Delivery of liquid and packaged waxes by railcar, road tanker or truck,

throughout North America• Capacity for finished products at Richmond, CA is approximately 275

million pounds (125 000 mt) per year.• Raw material Tank capacity in Richmond

• 14 X 140 mt (each tank ~2 railcars) • 3 X 2500 mt• 1 X 3400 mt

• Blending capability• 2300 mt per week liquid, 450 mt per week packaged

Richmond Manufacturing Plant

Tanker unloading facilities

First two 20,000-barrel bulk shore tanks

30,000-barrel tank

Third 20,000-barrel tank

Small tank farm, total 20,000 barrels of capacity

14,000-ft2 warehouse site

Wax emulsion plant site

Main production building

Bulk Liquid ParcelsUp to 5,000 metric tons (Equivalent to 75 tank cars)

Advantages of bulk shipments:

Most cost effective method of delivery

Most efficient mode of transportation

More consistent, improved quality

Terminal dock site Tanker unloading

Bulk Storage Capacity

Permanent storage includes 4 large-volume shore tanks, two small-tank farms and inside processing tanks totaling more than 35 million pounds.

30,000 barrel and 20,000 barrel shore tanks Plant small tank farm

20,000 barrel shore tanks Inside processing tanks Terminal small tank farm

Rail Facilities

Bulk rail facilities are capable of loading/unloading up to 14 cars on two tracks. OSHA approved rail rack offers safe, easy access to cars on both tracks.

Bulk Truck Loading Facilities

Bulk liquid truck loading station is capable of loading two trucks simultaneously.

Wax emulsion trucks are loaded in a bermed area to prevent accidental spills from contaminating the

environment.

Safety, Health, Environmental, Responsible Care & Quality

• SWNA is aligned with parent company Sasol• Safety Objective is RCR <0.5• Driver safety training guide

• MSDS for each grade of wax we offer.• Follow Good Manufacturing Practice.• ISO9001 certified since June 2009• QC manager reports to the Technical Director.• Full QC and CoA before each shipment.• QC coverage 24/7.• Participant in ASTM Interlaboratory Crosscheck Program.

SWNA Formulating Expertise

• The Sasol Wax business model is based on providing wax solutions for every process.

• Our staff of R&D personnel and product managers have significant experience and expertise in all areas of wax application.

• In every application, SWNA works with individual customers to ensure that the final product meets our customers' most stringent requirements.

• Using our knowledge of waxes and our customers’ applications, we are able to utilize waxes from multiple sources while maintaining consistent product performance.

• In order to ensure cost effective, continuous supply of raw materials for our products, SWNA sources waxes from all over the world, as well as from domestic suppliers.

• SWNA will not change the specifications or the basic ingredients of our formulations without first obtaining your written approval.

Technical Support

Differential Scanning Calorimeter FT-IR Gas Chromatograph

Specialized Software Viscosity Analyzer Saybolt Color Analyzer Penetrometer

SWNA Main Product Offerings

• Synthetic waxes (Fischer-Tropsch wax)• Packaging Waxes

• Corrugated• Saturating Wax, Impregnating Wax, Curtain Coating Wax

• Flexible Packaging Grades

• PVC lubricants• Rubber waxes• Specialty Candle waxes• Emulsions• Specialty blends

Products for Paper and Packaging

• Flexible Packaging Blends

• Corrugated Blends• Saturating Waxes• Curtain Coating Waxes• Impregnating Waxes

• Development: Water based coatings

Wax in Paper and Packaging

• Water repellent

• Sealing

• Increased wet strength

• Barrier function

Refined Wax Grades for Flexible Packaging

• Bread wrap• Fruit wrap• Hamburger wrap• Candy and gum wrap• Soap wrap

• Cheese wrap• Butcher wrap• Florist paper• Cereal liner• Dairy products

• Cheese wrap• Butcher wrap• Florist paper• Dairy products• Decor papers

Formulations for Improved Moisture and Grease Resistance

• Bread wrap• Disposable plates • Packaging for

frozen food• Soap wrappers

Gloss and Sealing Waxes

• Packaging biscuits• Corn flakes• Milk• Butter• Frozen food• Ice cream• Gum wrap

Laminating Waxes

• Meat• Poultry• Vegetables

Curtain Coating Waxes

Water Based Coatings Development

Emulsification and formulation of coatings• Years of experience in waxes, emulsification of waxes and

application testing• Easy access to and understanding of wide range of waxes• Statistical design formulating

Barrier coating development areas:• Water resistance• Water vapor transmission rate• Oil and grease proof• Specific slip angle requirements• Cold set glue-ability• Double coatings

Global Wax Supply Trends (FT and Petroleum-based)

The global tendency of wax producers to exit the market is expected to continue (Base oil driven)

Wax Supply and Demand

0500

1.0001.5002.0002.5003.0003.5004.0004.5005.000

1997 2002 2005 2010 2015

('0

00

To

ns

)Shortfall

Existing GTL

Asia

Latin America

Rest of the World

Western Europe

North America

North American Paraffin Wax Production

U.S. Paraffin Wax Production1996 - 2005

1,250

1,500

1,750

2,000

2,250

2,500

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Year

Mill

ions

of P

ound

s 10-Year Trend

Visit our Plant and Office

We cordially invite you to:• Visit our Plant in Richmond, CA• See our safe, clean operations• Observe our storage capacity• Test our logistics capability• Get to know our Customer Service colleagues

And meet the great people who make your wax

Map To Office and Plant Locations

Richmond PlantUse Harbour Way South exit

Hayward OfficeUse Winton Ave exit

Wax Products in Paper and Packaging

• HydroWax for sizing

• Sasolwax for flexible packaging

• Sasolwax for cardboard and technical paper

Thank you for your attention