Investor Presentaiton

AALBEMARLE 25.4% 21.8% NewMarket Ingevity Celanese 28.4% 27.9% 23.7% Top Quartile Performance Among Specialty Chemicals and Materials Companies % EBITDA Margin - LTM 9/30/17 PQ Corporation A ALBEMARLE Ingevity HEXCEL Top 4 >22.2% (2) 22.9% 22.8% 20.8% 19.2% 18.8% 18.0% 12.8% EASTMAN CABOT KRATON % ROIC - LTM 9/30/17 (1) Celanese Top 4 >21.4% (2) 17.7% 13.3% 12.4% 11.7% 11.4% 10.5% 10.0% 9.9% HEXCEL CABOT→ Source: Public Company filings Note: Does not include adjustments for acquisitions and/or divestitures occurring closed after 9/30/2017 11 (1) Return on Invested Capital (ROIC) calculated as Operating income * (1 - Effective Tax Rate) / Book Value of Debt + Equity minus Goodwill Effective tax rates not adjusted for the impact of the Tax Cuts and Jobs Act (2) Dow Jones US Specialty Chemicals Index LTM 9/30/2017 EASTMAN KRATON PQ Corporation NewMarket. H.B. Fuller Ingevity H.B. Fuller

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