presentation of the company last update: march 30th, 2015

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Presentation of the Company Last update: March 30 th , 2015

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Presentation of the CompanyLast update: March 30th, 2015

Contents• ACOTEC – General Introduction• ACOTEC – History• ACOTEC – Key Values• ACOTEC – Company Divisions• ACOTEC – Branch Offices• ACOTEC – Accreditations • ACOTEC – Impressions • HUMIDUR – Key Benefits• HUMIDUR – Product Range• ACOTEC – Projects in Focus

General IntroductionACOTEC is a company in the business of durable

marine and chemical corrosion treatment with corporate headquarters based in Belgium.

ACOTEC offers a full service including inspection, cleaning methods, repair techniques, coating development and application systems

ACOTEC serves the marine industry, offshore, petrochemical, shipping, steel construction, etc…

ISO 9001-2008 certified

History 1979: Founding of General Coatings (now Azolla) 1979 to 1984: Development of Humidur® 1984: Founding of ACOTEC nv 1984: First large scale marine contract 1987: First application abroad (Norway) 1988: 1.000.000kg Humidur® produced & applied 1994: First application outside Europe 2014: CLAIM-FREE since first application!!

Humidur®Key

values

Environment

Hands-on solutions

QualityDurable

Total solution

CEO Managing director

Financial Department

Accounting

Invoicing Service

Technical Department

Calculation & Project

management

Service, repair & maintenance

Spray Division

Project Leaders

Construction workers

ProductionDepartment

Logistics

Packaging

ProductionManagement

Productionworkers

R&D Department

Internal test program

External test program

Sales and Marketing

Business Development

Account Management

Marketing

AUDIT

Quality Control

ISO management

Safety and prevention

management

EnvironmentalResponsible

Company Divisions

Branch offices

Accreditations Acotec company ISO 9001 : 2008 VCA** for civil construction Class 6 for large marine construction Belgian Innovation Fund Approval (X 2) Environmental Agency Approval Exclusive license for Humidur manufacturing Exclusive license for DZI construction Preferred innovation partner offshore UK Internal quality management Internal health & safety management AWARD of fastest growing Flemish company

ImpressionsLaboratories

Humidur Production Facility

Cofferdam Fabrication

Robotics

Training Center

LaboratoriesTesting possible for :

cathodic disbondment, climate performance, adhesion, impact, microbial impact, chemical analysis, chemical resistance, UV impact, abrasion resistance, salt spray, etc…

Humidur Production Facility

Production in large quantities (silo’s) and small quantities for custom made products, test samples, special colors, etc…

DZI Cofferdam Fabrication

DZI Cofferdams available for quay walls, berths, jetties, offshore platforms, monopiles, fender piles, bulkheads, dolphins, etc…

RoboticsRobotics for automated

inspection and corrosion treatment for internal small pipelines and welding joints

Training Center

Training center for:- New personnel- Humidur applicator certification- Testing new equipment

HUMIDUR® – KEY BENEFITS

HUMIDUR® – Key BenefitsHumidur®, Solvent-free modified

2-pack epoxy coating.

Completely Environmentally and user Friendly.

30-year claim-free system and satisfied customers worldwide

10-year Insurance warranty on coating + application.

HUMIDUR® – Key BenefitsSingle-layer system

- 1 layer built up to the requested DFT- No primers required- Reduced production and application costs substantially

Two-component system- Chemical reaction- Water repellent

Cures under water- immediate use of structure- minimum downtime

HUMIDUR® – Key BenefitsSuccessful in all types of water environment

- Proven system in salt – brackish – fresh water- Officially approved for potable drinking water structures

Ideal for structures in water- Works in fully submerged zone, tidal zone, splash zone and atmospheric zone- Perfect for pipelines, marine structures, ballast tanks, etc…

Increased Flow velocity- Smooth surface- Perfect in moving water increase flow velocity, capacity- High abrasion resistance

HUMIDUR® – Key Benefits100% respect for environment

- On static structures, biofilm can grow on coating without affecting the substrate- No damage to environment, fauna and flora untouched- Less waste (1-layer system)- Least ecological footprint

No hazardous materials- No diluents, solvent-free WFT = DFT !!- No Coal tar- No heavy metals- No VOC (0%)- No leaching when curing under water- Drinking water approval…

HUMIDUR® – Key BenefitsComplete temperature Range

- Humidur performs in areas from -25°C up to 90°C- Applicable from 3°C above dew point- Cures at freezing temperatures

Excellent humidity Range- Applicable from 0% up to 95% humidity- No condensation

Excellent adhesion Values

HUMIDUR® – Key BenefitsProven system against biological corrosion (MIC)

- Research done by University Ghent and University Antwerp- Proven system for at least 30 years resistance- Research funded by Flemish Government!!

a = Fouling – communityb = HUMIDUR® - layer

c = non – attacked steel

HUMIDUR® – Key BenefitsStrong chemical resistance

Proven system in petrochemical environments for decades!!Products: Crude oil, Kerosene, Jet Fuel A1, Gasoline, Biodiesel, Palm oil, Sulphuric acid (20%), Hydrochloric acid (32%), Nitric Acid (20%), Waste water

Clients: Shell, Statoil, Talisman Energy, Sinopec, Texaco, Esso, Lynergy, etc…

PRODUCT RANGE

HUMIDUR® - Product Range

1. Humidur ME Is the 30-years proven base of all Humidur coatings, has all the above features and is intended for use on static structures in marine conditions, offshore and on renewable infrastructure.

HUMIDUR® - Product Range

2. Humidur E (Norsok approved)Is the fast or rapid curing variant, has all the above features and is intended for use of movable objects in marine conditions, petrochemical, offshore and on renewable infrastructure.

Humidur E is fully cured within 4 hours (at 30°C) and the objects may be moved instantly

Humidur E is used on structures where TIME IS MONEY…

HUMIDUR® - Product Range

3. Humidur FP (Norsok approved)Is the variant with the highest chemical reaction, has all the above features and is intended for use in petrochemical, oil & gas and objects in contact with aggressive chemicals and acids.

Humidur FP offers an environmentally friendly solution in a field of aggressive substances UNIQUE!!

HUMIDUR® - Product Range

4. Humidur AF (Anti-Fouling)- No harmful materials for the environment! - Longer durability than conventional systems cost savings! - Does not require water velocity to perform- Four year research and in-situ testing- 1 anti-corrosion layer +

1 anti-fouling layer

HUMIDUR® - Product Range

5. Humidur TC- Epoxy siloxaan coating- Solvent-free, 100% solids- Isocyanide-free- Color resistant- Applicable directly on tack-free Humidur anti-corrosion layers- Any color available- Wet film thickness (WFT) = dry film thickness (DFT)

HUMIDUR® - Product Range6. Tailor Made Humidur

While keeping the basic benefits of Humidur, the product may be customized to the client’s wish

• Extreme impact resistance• Very fast curing• Very slow curing (longer pot life)• Coatings for the outside of buildings• Any RAL-colour• Reduction of corrosion on mechanical damage (New)

Accreditations Humidur ProductsAccreditation

HUMIDUR® product

ME FP E AF TC

Norsok M-501, system 7, rev. 6 (ISO20340) X X

PSPC+ X

ABS (American Bureau of Shipping) X

CCS (Chinese Classification Society) X X X X

NIVA (Drinking water approval) X

University Ghent (Approved ecologic system) X X X X X

WRAS – BS6920 X

BAW (German Federal Waterways) X

SGS (Approved system for petrochemicals) X

Belwind (Approved system for offshore wind) X

Saudi Aramco Approved (APCS-27 and APCS-19C)(IN PROGRESS) X

Technical reports – available upon request

Close-up: “HUMIDUR® - performance on badly prepared surfaces”

Notes: - All pull-off tests are performed FOUR DAYS after application (Humidur ME should fully cure within seven days and will even give better results than below)

- All surfaces were prepared as described in the table + dedusted + degreased

Humidur FP Humidur E Humidur ME

1. Needle gun > 20 Mpa > 20 Mpa 17 Mpa

2. Bristle blaster > 20 Mpa > 20 Mpa 18 Mpa

3. Grinding disc > 20 Mpa > 20 Mpa 18 Mpa

4. Manual scraper + Sanding paper

13.5 Mpa 10 Mpa 9 Mpa

5. NO PREPARATION 10 Mpa 4.5 Mpa 6 Mpa

Case Studies

HUMIDUR®– Case study 1Project: Minera Esperanza Project Detail: Outside coating of seawater steel pipeline

stations 1, 2, 3 and 4 of SIAM Minera Esperanza, Chile

Client: Antofagasta Minerals

Date: 2009 - Today

Location: Antofagasta, Chile

HUMIDUR®– Case study 2Project: Crane Boom of the Buchan Oil PlatformDetail: Total overhaul of the cranes of the Buchan Oil Platform

Client: E-Blast in order of Talisman Energy

Date: July 2012

Location: Kintore, UK

HUMIDUR®– Case study 3Project: Hydropower Station at Wehr, GermanyDetail: Refurbishment of total penstock, intakes, trash racks

and turbines of the pumped storage hydropower station

Client: Schluchseewerk AG

Date: 2008 – 2009

Location: Wehr, Germany

HUMIDUR®– Case study 4Project: Okinawa US Marine DocksDetail: Full renovation of the US Marine Docks at the

Port of Naha on the island of Okinawa, Japan

Client: US Army Corps of Engineers

Date: 2008

Location: Okinawa, Japan

HUMIDUR®– Case study 5Project: Lock Door of LanayeDetail: Full preservation of all the different lock doors

of Lanaye at the Albert Canal and the river Maas

Client: Walloon Administration of Belgium

Date: 1991

Location: Belgium

HUMIDUR®– Case study 6Project: Tunnel Drainage Pipes at ZeebruggeDetail: Full renovation (+ development of new application

method) of three flood drainage pipes

Client: Waterways and Sea Canal, Belgian Administration

Date: 2008 - Today

Location: Zeebrugge, Belgium

HUMIDUR®– Case study 7Project: Ballast Tank Protection – Hyundai Heavy Industries ShipyardDetail: Sandblast + Humidur coating application in ballast tanks of sea vessels and carriers

Client: Choyang Shipping, Keoyang Shipping, Pan Ocean Shipping, B.T. Marine, Silla Trading

Date: 1993 - Today

Location: South-Korea, Singapore

HUMIDUR®– Case study 8Project: Cooling Pipe Protection Detail: Full anti-corrosion cover of inside pipelines used for seawater cooling systems in

nuclear, thermal, electric or combined power plants

Client: Posco, Kepco, Samsung, Huyndai Heavy Ind., Doosan Heavy Ind., Daewoo Corp.

Date: 1995 - Today

Location: South-Korea

HUMIDUR®– Case study 9Project: Tocardo River Flow TurbinesDetail: Anti-corrosion protection on inside

and outside turbines and housing

Client: Tocardo - Strukton

Date: 2013

Location: Nepal, the Netherlands

HUMIDUR®– Case study 10Project: CLYDE FP PLATFORMDetail: Corrosion repair and overcoat with

Humidur with minimal preparation

Client: Talisman Energy (applicator: CAN)

Date: 2013

Location: Offshore UK, North Sea

HUMIDUR®– Case study 11Project: STATOIL C6 TANK NORWAYDetail: Corrosion treatment with Humidur for

internal tank protection

Client: Statoil Norge As

Date: 2013

Location: Kristiansand, Norway

Looking forward to do business with you!

Acotec Headquarters BelgiumIndustrielaan 8 – Zuid III

B-9320 AalstBelgium

T: +32 (0) 53 83 86 60F: +32 (0) 53 83 69 88

E: [email protected]: www.acotec.be

www.humidur.be