Ascend Announces New Resins for the Automotive Market

HOUSTON – May 20, 2013 — Ascend Performance Materials Inc. is pleased to introduce several new Vydyne grades designed specifically for automotive applications.

The new products are:

• Improved thermal stability 30% glass filled Vydyne R530HT

• “Electrically Neutral” 35% glass filled Vydyne R535EN

• Glass and mineral filled Vydyne R860 based on post-consumer recycled feedstock

“These new grades provide superior performance in the areas of heat resistance, hydrolysis resistance, calcium chloride resistance and electrical properties,” said Philip Jeszke, Ascend automotive global segment leader. “They have been well received during molding and testing trials and are sure to improve processing potential while also allowing our customers to meet the demanding automotive industry requirements.”

The grades were developed using customer input to meet global OEM requirements for radiator end tanks, charge air coolers (intercoolers), fans and shrouds, under-hood connectors and other applications.

“We have several grades under development that are set to launch later in 2013,” said Jeszke. “Our new products, coupled with Ascend’s strong integrated manufacturing base using a propylene feedstock, provide our automotive customers with the security of supply, quality and consistency required to be successful.”

As the leader in PA66 resin material production for the Automotive industry, Ascend is committed to:

• Working collaboratively to meet new industry specification and market trends;

• Continually bringing improved products specifically designed for the automotive industry;

• Investing to meet the market demand with reliable supply;

• Delivering high performance and consistent quality products; and

• Dedicating research and development and technical service for the global automotive market.

For more information, visit www.ascendmaterials.com.

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Notes for editors

About Ascend Performance Materials Operations LLC

Ascend is a global leader in proprietary technologies that are central to the production of nylon, plastics and synthetic fibers found in thousands of commercial and industrial products, including carpet, tires and apparel, as well as agricultural products, animal feed and personal care products. The business has world scale integrated manufacturing facilities which enables it to develop new products from its core technologies, and provides flexibility to respond to the expanding needs of its customers. Ascend has sales offices throughout the world, and five manufacturing facilities in the United States. More information is available at www.ascendmaterials.com. SK Capital Partners are indirect partial owners of Ascend Performance Materials Operations LLC.

About SK Capital Partners

SK Capital Partners, led by Managing Directors Barry Siadat, Jamshid Keynejad, Jim Marden, Jack Norris, and Aaron Davenport, is a transformational private investment firm focusing on acquiring assets in which its partners have deep industry knowledge through previous investments and experience, and the ability deploy substantive operational strategies to unlock value and deliver superior returns. These industries include niche segments of the specialty materials, chemicals and healthcare sectors. More information is available at www.skcapitalpartners.com.