SUNGDO VINA CO LTD Company profile SUNGDO VINA

SUNGDO VINA CO. , LTD. Company profile SUNGDO VINA CO. , LTD

Greetings We, Sung do chemical Co. , LTD, was established in 1991, when most of all Korean converters used to rely on procurement of the adhesive from overseas adhesive makers. In order to meet customers’ needs, we’ve started developing various kinds of adhesives and supplying those to domestic market since then. Thanks to our endless effort to enhance quality, we ended up earning FDA, ISO 9001/2001 and ISO 14001/1996 certificates. We’re still trying to develop environment-friendly and to keep pace with current trend in order to take a lead in this business. Our effort to produce adhesives with the best quality has been going on more than 20 years, which won’t be able to stop forever. We sincerely want to supply our products to you very soon and we hope that everybody else who uses our products will lead to success. Of course, we will serve our best support to you to make it come true. Thank you. SUNGDO VINA CO. , LTD 2

Company history October, 1991 July, 1992 Established in a name of Sung Do Industry Co. , Ltd. Moved to a new factory located in Gunpo-city September, 1996 Changed a company name as Sung Do Chemical Co. , Ltd. September, 1997 Moved to a new factory located in Si-Hwa industrial zone June, 2002 February, 2003 April, 2003 October, 2004 December, 2008 May 12, 2012 November, 2012 May, 2014 Earned ISO 9001 : 2001 (Certificate for quality management) Moved to a new factory located in Hwasung-city (Current factory) Earned FDA certificate Appointed as a clean workplace Earned ISO 14001 : 2004 (Certificate for environment management) Appointed as a prominent company by Korean flexible package association Re-earned ISO 9001 : 2008 (Certificate for quality management) Awarded as the manufacture with outstanding export performance Got the second factory built in Vietnam SUNGDO VINA CO. , LTD 3

Headquarter (Located in Korea) Address : 10 -18, Seokpo Industrial Zones, Jangan-Myun, Hwasung-City, Kyunggi-Province SUNGDO VINA CO. , LTD 4

Head quarter's views SUNGDO VINA CO. , LTD 5

The 2 nd factory (Located in Vietnam) Address : Giang Điền industrial Zones, Trảng Bom district, Đồng Nai province SUNGDO VINA CO. , LTD 6

The 2 nd factory’s views SUNGDO VINA CO. , LTD 7

Certificate SUNGDO VINA CO. , LTD 8

Korean market share in the adhesives 100% 80% 60% 40% 20% 0% 1991 year 5% 2001 year 30% 2011 year 40% MORTON. HENKEL… 95% 50% 20% OTHER 0% 20% 40% SUNG DO SUNGDO VINA CO. , LTD 9

Product List of Dry Lami. Adhesive Solvent Free Alcohol Solvent D-8200 D-3040 / CL-30 D-9670 / CL-75 1 -COMPONENT OPP. CPP. VMCPP OPP. VMCPP. VMPET Film, Foil. Boiling products, Anchor coating agent D-9505 S-1 CL-109 S 2 -COMPONENT OPP. VMCPP. PET. MPET AL FOIL D-3612 / CL-30 K OPP. CPP. VMCPP PET VMPET D-188 / D-188 S Anchor coating agent D-9700 / CL-3192 K Film, Foil, Boiling products D-9822 K / CL-3196 K Film, Foil. Boiling products, Anchor coating agent D-815 -60 / CL-75 Retort & High Retort Pouch SUNGDO VINA CO. , LTD 10

D-8200 is polyurethane adhesive for moisture hardening, which is solvent-free type for dry lamination. SUNGDO VINA CO. , LTD 11

D-8200 is one component solvent-free type of polyurethane adhesive for moisture hardening. CHARACTERISTICS 1) Moisture hardening adhesive 2) Excellent physical properties to PP, Nylon, PET Film PHYSICAL PROPERTIES 1) Appearance : Slightly yellowish and transparent viscous liquid 2) N/V(%) : 100% 3) Viscosity : 800 ~ 1, 200 cps/80℃ 4) NCO(%) : 5. 2 ~ 5. 8% SUNGDO VINA CO. , LTD 12

D-8200 WORKING CONDITION 1)Resin Temp : 80~90 ℃ 2) Coating Method : Reverse Roll Coating 3) Coating Weight : 0. 7 ~ 2 grs/sqm VISCOSITY CHANGES ACCORDING TO TEMPERATURE resin D-8200 temp VIS(CPS) 60 3, 500 70 3, 050 80 1, 000 90 800 100 450 SUNGDO VINA CO. , LTD 13

D-8200 (sample picture) SUNGDO VINA CO. , LTD 14

D-9505 S-1/CL-109 S D-9505 S-1 / CL-109 S is two component solvent –free type of moisture hardening polyurethane adhesive. CHARACTERISTICS Excellent physical properties to PP, Al, Nylon and PET Film SPECIFICATION 1) Appearance : slightly yellowish and transparent viscous liquid 2) N/V(%) : D-9505 S-1 100% , CL-109 S 100% 3) Viscosity : 5, 000 ~ 7, 000 cps/25℃ Mixing ratio : Adhesive 100 / hardener 100 Application 1) Resin Temp : 40 ~ 45℃ Nip temperature : 45 ~ 50°C 2) Coating Method : Reverse Roll Coating 3) Coating Weight : 0. 7 ~ 2. 5 grs/s q m 4)Pot Life : 20~ 30 min SUNGDO VINA CO. , LTD 15

D-9505 S-1/CL-109 S (Sample picture) SUNGDO VINA CO. , LTD 16

S. W. O. T ANALYSIS (D– 8200 & D– 9505 S-1/CL-109 S) Strength Weakness 1) No residual solvent 2) Environment friendly 3) Reasonable production cost 1) Limited application range in using S. W. O. T Opportunities 1) Cost reduction 2) Output increase 3) Improvement of working environment Threaten 1) Food Safety 2) Environmental regulation SUNGDO VINA CO. , LTD 17

D-3040 K / CL-30 • D-3040 K / CL-30 is two component alcohol type of adhesive, which is newly developed. • It is quite suitable to various films, especially the metalized films. • 1) Physical properties • • • Appearance : Clear Non volatile (%) : 68 ~ 72 (D-3040 K) / 100 (CL-30) Viscosity (25℃, cps) 1, 500 ~ 3, 500 (D-3040 K) / 10, 000 ~ 15, 000 (CL-30) * Mixing ratio : D-3040 K/CL-30/ Me-OH = 100/10/120~200 * Diluted solvent : Ethyl acetate, Methyl Ethyl Ketone, Me-OH, IPA, Ethanol SUNGDO VINA CO. , LTD 18

D-3040 K / CL-30 • • 2) Application - PET, CPP, Nylon, LLDPE, PS films etc. - Aluminum Foils/Films - OPP • 3) Working condition • Mixing ratio : • D-3040 K (100) : CL-30 (10) : Solvent (Methanol, IPA, Et-OH) (120 ~ 200) • Solid content (%) 25 ~ 35 • Viscosity (25℃, cps) 25 ~ 50 P/VM-CPP SUNGDO VINA CO. , LTD 19

D-3040 / D-30 (Sample picture) SUNGDO VINA CO. , LTD 20

D-3612 / CL-30 K • D-3612 / CL-30 K is two component alcohol type of adhesive, which is newly developed. • It is quite suitable to various films, especially aluminum foil, metalized films & PE film without corona treatment. • Fast hardening and aging • 1) Physical properties • • • Appearance : Clear Non volatile (%) : 48 ~ 52 (D-3612) / 48 ~ 50 (CL-30 K) Viscosity (25℃, cps) 200 ~ 400 (D-3612) / Under 50 (CL-30 K) * Mixing ratio : D-3040 K/CL-30/ Me-OH = 100/25/50~120 * Diluted solvent : Ethyl acetate, Methyl Ethyl Ketone, Me-OH, IPA, Ethanol SUNGDO VINA CO. , LTD 21

D-3612 / CL-30 K • 2) Application • - PET, CPP, Nylon, LLDPE, PS films etc. • - OPP / VMCPP • 3) Working condition • Mixing ratio : • D-3612 (100) : CL-30 K (25) : Solvent (Methanol, IPA, Et-OH) (50 ~ 120) • Solid content (%) 25 ~ 35 • Viscosity (25℃, cps) 20 ~ 50 P/VM-CPP SUNGDO VINA CO. , LTD 22

D-3612/CL-30 K (Sample picture) SUNGDO VINA CO. , LTD 23

D-188 / D-188 S • D-188 / D-188 S is two component alcohol type of anchor coating agent. • Aging is not required. • 1) Physical properties Description D-188 S NV(%) 10± 5% 100% Viscosity (25℃, cps) About 100 1~3 Color Transparent emulsion Transparent liquid PH-value About 11 (1% in water) Gravity 1. 0± 0. 2 g/cm 3 1. 0± 0. 2 g/cm 3 Storage More than 6 months under 0℃ 6 months 24 SUNGDO VINA CO. , LTD

D-188 / D-188 S • • 2) Application - AL Foil, Nylon (PA) - Pre-coating PP film (Opp, Cpp), - Polyester, Cellophane, PVC films • • • 3) Working condition Solvent : Methanol or ethanol Roller : smoothing roller or gravure roller Coating weight : 0. 02 ~ 0. 3 g/m 2 Mixing ratio : D-188 (1 kg) : D-188 S (0. 03 kg) : Methanol or ethanol (9 kgs) SUNGDO VINA CO. , LTD 25

D-188 / D-188 S (Sample picture) SUNGDO VINA CO. , LTD 26

S. W. O. T ANALYSIS (D– 3040 K/D-30, D-3612/CL-30 K & D-188 / D-188 S) Weakness 1) Strength Opportunities 1)) 1 Less residual Cost reductionsolvent smelling than general solvent type one 2) Output increase 2) Excellent bonding strength in the metalizing film 3) Reasonable production cost Limited use (Can’t be used for boiling and retort packages) 2) Weak bonding strength compared with the solvent type Threaten 1) Import regulation in Islamic countries 2) Proper selection in methanol S. W. O. T SUNGDO VINA CO. , LTD 27

D-9670/CL-75 is 2 -component solvent type adhesive, which has excellent bonding strength in metalized film, aluminum foil and various plastic films. 1) Characteristics - Polyurethane 2 -component - For food package and industrial use - Excellent chemical and heat resistance (Suitable for boiling products) - Excellent adhesion 2)Specification D-9670 / CL-75 Appearance : Slightly yellowish Non volatile (%) : 64 ~ 68 (D-9670) / 73 ~ 77 (CL-75) Viscosity (25℃, cps) 2, 200 ~ 3, 200 (D-9670) / 1, 500 ~ 2, 500 (CL-75) Solvent : Ethyl acetate * Mixing ratio : D-9670/CA-75/ Et-Ac = 100/15/200 * Diluted solvent : Ethyl acetate, Methyl Ethyl Keton SUNGDO VINA CO. , LTD 28

D-9670/CL-75 • • 3) Working condition Description Dry lamination Extrusion lamination Solvent Ethyl Acetate NV(%) 20 ~ 40% 7 ~ 19% Coating roller 80 ~ 150 mesh 175 ~ 200 mesh Coating weight 2. 5~5 g/m 2 0. 35~1. 5 g/m 2 Drying condition 70 ~90℃ Working speed 50~150 m/min 50~200 m/min Coating method Gravure roll coating Aging time 72 hr (50℃) 48 hr (50℃) Pot life 6 ~ 12 hr SUNGDO VINA CO. , LTD 29

D-9670/CL-75 • 4) Change in adhesion & hardness according to hardener mixing ratio Mixing ratio Weight (g/m 2) Kind of films NV(%) D-9670 E/A CL-75 Gross NET • PET+AL 12/DL/LLD 105 PET+AL 12/DL/LLD 105 (g. f/cm 2) Hard(%) 100 8 34. 62 12 4. 15 910 90 100 10 35. 00 12 4. 20 940 93 100 13 35. 56 12 4. 27 980 98 100 15 35. 93 12 4. 31 1000 101 100 18 36. 47 12 4. 38 980 105 100 20 36. 82 12 4. 42 950 108 SUNGDO VINA CO. , LTD 30

SUNGDO VINA CO. , LTD 31

It has good adhesion to all of films such as OPP, PET, NY, AL, CPP, LLDPE and so on. Especially, there is strong adhesion to AL, metalized film and it has good performance. Main application : PET/AL/LLD NY/LLD PET/CPP PVC FILM PET/PE/LLD PET/PE/AL NY/PE/LLD PET/AL/NY/CPP PET/AL/NY/LLD SUNGDO VINA CO. , LTD 32

DRY LAMINATION METHOD SUNGDO VINA CO. , LTD 33

EXTRUSION LAMINATING METHOD SUNGDO VINA CO. , LTD 34

D-9670/CL-75 (Sample picture) SUNGDO VINA CO. , LTD 35

D-9670/CL-75 (Sample picture) SUNGDO VINA CO. , LTD 36

D-9700 / CL-3192 K • • D-9700 / CL-3192 K is newly developed 2 -components curing type adhesive for lamination with various kinds of plastic films and aluminum foil. • CL-3192 K is used as hardener and it has great bonding strength in various films & aluminum foil. Especially, it has superior performance in high slip LLDPE film • • 1) Characteristics - Polyurethane 2 -component type - Suitable for food package and industrial use - Excellent bonding strength in various kinds of films, al-foil & high slip LLDPE - Fast curing under normal temperature (Within 24 hours) - Superior chemical resistance - Excellent wettability SUNGDO VINA CO. , LTD 37

D-9700 / CL-3192 K • • 2) Specification D-9700 / CL-3192 K Appearance : Slightly yellowish Non volatile (%) : 58 ~ 62 (D-9700) / 48 ~ 52 (CL-3192 K) Viscosity (25℃, cps) : Under 300 (D-9700) / 100 ~ 400 (CL-3192 K) Solvent : Ethyl acetate * Mixing ratio : D-9700/CL-3192 K/ Et-Ac = 100/25/125 * Diluted solvent : Ethyl acetate, Methyl Ethyl Keton • • • 3) Application PET, OPP, Nylon, LLDPE, High Slip LLDPE, PS film and so on Laminated Aluminium foil / various films or metalized films SUNGDO VINA CO. , LTD 38

D-9700/CL-3192 K • • 4) Working condition Description Dry lamination Extrusion lamination Solvent Ethyl Acetate NV(%) 29 ~ 35% 13 ~ 17% Coating roller 120 ~ 175 mesh 175 ~ 200 mesh Coating weight 2. 5~4 g/m 2 0. 3~1. 5 g/m 2 Drying condition 70 ~100℃ 70 ~90℃ Working speed 50~150 m/min 50~200 m/min Coating method Gravure roll coating Aging time 24~72 hr (30 ~40℃) 24~48 hr (30~40℃) Pot life 24 hr SUNGDO VINA CO. , LTD 39

D-9700/CL-3192 K (Sample picture) SUNGDO VINA CO. , LTD 40

D-9700/CL-3192 K (Sample picture) SUNGDO VINA CO. , LTD 41

D-9822 K / CL-3196 K • • D-9822 K / CL-3196 K is newly developed 2 -components curing type adhesive for lamination with various kinds of plastic films including high slip and aluminum foil. • Especially, it has also great performance in the printed film lamination. • • 1) Characteristics - Polyurethane 2 -component type - Suitable for food package and industrial use - Excellent bonding strength in various kinds of films, al-foil & high slip LLDPE - Fast curing under normal temperature (At least 24 hours) - Superior chemical resistance - Excellent wettability SUNGDO VINA CO. , LTD 42

D-9822 K / CL-3196 K • • • 2) Specification D-9822 K / CL-3196 K Appearance : Slightly yellowish Non volatile (%) : 78 ~ 82 (D-9822 K) / 66 ~ 72 (CL-3196 K) Viscosity (25℃, cps) : 1, 000 ~ 3, 000 (D-9822 K) / 9, 000 ~ 15, 000 (CL-3196 K) Solvent : Ethyl acetate * Mixing ratio : D-9822 K/CL-3196 K/ Et-Ac = 100/300 * Diluted solvent : Ethyl acetate, Methyl Ethyl Keton • • • 3) Application PET, OPP, Nylon, LLDPE, High Slip LLDPE, PS film and so on Laminated Aluminium foil / various films or metalized films • • • SUNGDO VINA CO. , LTD 43

D-9822 K / CL-3196 K • • 4) Working condition Description Dry lamination Extrusion lamination Solvent Ethyl Acetate NV(%) 30 ~ 35% 13 ~ 17% Coating roller 120 ~ 175 mesh 175 ~ 200 mesh Coating weight 2. 5~4 g/m 2 0. 3~1. 5 g/m 2 Drying condition 70 ~100℃ 70 ~90℃ Working speed 50~150 m/min 50~200 m/min Coating method Gravure roll coating Aging time 24~72 hr (30 ~40℃) 24~48 hr (30~40℃) Pot life 24 hr SUNGDO VINA CO. , LTD 44

D-9822 K / CL-3196 K (Sample picture) SUNGDO VINA CO. , LTD 45

D-9822 K / CL-3196 K (Sample picture) SUNGDO VINA CO. , LTD 46

D-815 -60 / CL-75 D-815 -60/CL-75 is 2 -component type adhesive of polyurethane bases for food packaging. As it was developed as a purpose of high performance, it’s used for boiling & retort pouches and alu-alu package necessary for strong initial adhesive strength and outstanding thermal resistance. 1) Characteristics - Polyurethane 2 -component - For food package and industrial use - Excellent chemical and heat resistance (Suitable for boiling & retort pouches & alu-alu pharmaceutical products) - Excellent adhesion 2)Specification D-815 -60 / CL-75 Appearance : Slightly yellowish Non volatile (%) : 58 ~ 62 (D-815 -60) / 73 ~ 77 (CL-75) Viscosity (25℃, cps) 2, 000 ~ 3, 000 (D-815 -60) / 1, 500 ~ 2, 500 (CL-75) Solvent : Ethyl acetate * Mixing ratio : D-815 -60/CL-75/ Et-Ac = 100/15/200 * Diluted solvent : Ethyl acetate, Methyl Ethyl Keton SUNGDO VINA CO. , LTD 47

D-815 -60 / CL-75 • • 3) Working condition Description Dry lamination Extrusion lamination Solvent Ethyl Acetate NV(%) 28 ~ 35% 7 ~ 19% Coating roller 80 ~ 150 mesh 175 ~ 200 mesh Coating weight 3~5 g/m 2 0. 35~1. 5 g/m 2 Drying condition 70 ~90℃ Working speed 50~150 m/min 50~200 m/min Coating method Gravure roll coating Aging time 72 hr (50℃) 48 hr (50℃) Pot life (at 25℃) 24 hr SUNGDO VINA CO. , LTD 48

D-815 -60 / CL-75 • 4) Comparison of bonding strength according to aging time Film structure 1 hr 24 hr 48 hr After Boil PET / Thermal CPP 245 Film cut PET / AL / Thermal CPP 380 Film cut 955 PET / LLDPE 290 Film cut NYLON/LLDPE (For noodle pouch) 250 Film cut Boil Condition Remark 135℃, 30 min Coating : 3. 5~4 g/㎡ Film cut (Retort) Aging : 50℃ Film cut 100℃, 30 min SUNGDO VINA CO. , LTD 49

D-815 -60 / CL-75 (Sample picture) SUNGDO VINA CO. , LTD 50

D-815 -60 / CL-75 (Sample picture) SUNGDO VINA CO. , LTD 51

D-815 -60 / CL-75 (Sample picture) SUNGDO VINA CO. , LTD 52

S. W. O. T ANALYSIS (D-9670/CL-75, D-9700/CL-3192 K, D-9822 K/CL-3196 S & D– 815 -60/CL-75) Weakness Strength 1) Superior bonding strength 2) Excellent heat & chemical resistance 3) Suitable for all kinds of films (For boiling, retort pouch and so on) Opportunities 1) 2) 2) 3) 4) High Retort High slip LLDPE & fast curing alu ( pharmaceutical ) Industrial purpose electronics 1) Problems in using E/A which is main solvent such as smell 2) Environmental problem Threaten 1) Food Safety 2) Environmental regulation S. W. O. T SUNGDO VINA CO. , LTD 53

Ink binder 1. Brief introduction 3. Physical properties Our ink binder called UIB-931, UIB-203 & UIB-303 series is a thermoplastic polyurethane resin designed for gravure ink binder. It is non-yellowish form of one component ink binder, which can be applied to various kinds of films. Please refer to next page. 4. Basic ink formulation Ink binder 2. Benefits in using the ink binders 1) Good pigment wetting 2) Excellent adhesion to various films including OPP, PET, Nylon, PVDC and so on. 3) Excellent performance for thermal resistance, blocking resistance and excellent lamination bonding strength. 4) Good compatibility with vinyl chloride -vinyl acetate copolymers and polyvinyl butyral copolymers. 30 -40 kgs Pigment 10 -30 kgs Additive 5 -10 kgs Solvent 30 -40 kgs 5. CONDITIONS Coating method : Gravure roll coating Dry condition : 70 -90℃ Line speed : 80 -200 m/min SUNGDO VINA CO. , LTD 54

Product table of the ink binder NONGRADE VOLATIL E (%) UIB-931 UIB-203 UIB-303 PS-50 VISCOSIT Y (cps/ 25°C) 30± 2 400~ 800 30± 2 300~ 700 30± 2 50± 2 400~ 800 10~ 100 PACKIN G (kg) CHARACTERISTICS MEK, IPA 170 kg Drum Yellowing type Excellent adhesion to film, resolubility for solvent, outstanding heat resistance PET, OPP, Nylon EA, IPA 170 kg Drum Excellent adhesion to film, resolubility for solvent, outstanding heat resistance PET, OPP, Nylon 170 kg Drum Non-yellowing type Excellent adhesion to film, resolubility for solvent, outstanding heat resistance PET, OPP, Nylon 170 kg Drum Adhesive improver for the gravure ink Accounting for 1 -4% from overall ink composition PET, OPP, Nylon SOLVEN T MEK, IPA EA SUNGDO VINA CO. , LTD APPLICATI ON 55

S. W. O. T ANALYSIS (INK BINDER) Weakness 1) Causing high production cost Strength 1) Good bonding strength 2) Good pigment wetting 3) Excellent thermal resistance, chemical resistance and so on Threaten 1) Opportunities 1) High production cost 2) Conservative mindset of ink makers in changing to polyurethane ink S. W. O. T Development of ink quality 2) Production of environmentally friendly ink 3) Enable various kinds of films to be printed with one ink SUNGDO VINA CO. , LTD 56

Lists of main customers SUNGDO VINA CO. , LTD 57

Thank you ! SUNGDO VINA CO. , LTD. 58