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1、Chuck Jones,PhDMarket Segment Manger CoatingsPolycaprolactone Polyols Designedfor Polyurethane Dispersions21.Polycaprolactone(PCL)Polyols2.Polyurethane Dispersions using PCL3.Recently Developed PCL Technologies4.Results from Application Testing5.Summary of FindingsAGENDA31:See page 108 of our 2022 A
2、nnual Report and 10-K for definitions and reconciliations of these non-GAAP financial measures.2:Advanced Polymer Technologies was reported within our Performance Chemicals segment for 2022.The total revenue for Performance Chemicals in 2022 was$1.12 billion.See our current report on Form 8-K filed
3、with the U.S.Securities and Exchange Commission on March 24,2023for additional information.4Polycaprolactone(PCL)Polyols PCL polyols made via ring opening polymerization No by-products Acid value and water content can be kept very low Fully aliphatic backbones All hydroxyls are primary Very narrow p
4、olydispersityCoating Enhancer 2K SB 100%Solids 2K WBBuilding UV Oligomers RadicalCure CationicCureBuilding PUDs 1K PUD 2K PUD5Polycaprolactone(PCL)Polyol Uses in Coatings6Comparison of PUD Polyol TechnologiesPolyetherPolycarbonatePolyesterPCL polyols no compromise on processing,performance or durabi
5、lity+Good Flexibility+Hydrolysis Resistance UV Resistance+UV Resistance+Application Versatility Hydrolysis Resistance+Hydrolysis Resistance+UV Resistance Processing ViscositiesPCLPolyurethaneDispersions(PUDs)With PCL78PCL Polyols for Polyurethane DispersionsPCL Polyol FeatureBenefit in final PUDLow
6、glass transition temperatureExcellent low temperature flexibilityNarrow polydispersityGood reproducibility of coating propertiesLow viscosityLow/Zero VOC and ease of processingUV&hydrolytic stabilityWeather stableAliphatic polyester backboneExcellent mechanical and durability profile9Tensile Testing