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- 03/05/2018

Official closing of Kolb’s acquisition of Elementis Specialties in Delden(NL)

H&PC Today

On 28 February 2018, Kolb Distribution AG, wholly owned subsidiary of Kuala Lumpur Kepong
Berhad (KLK), acquired Elementis Specialties Netherlands (ESN), located in Delden, the
Netherlands. As of this day, Elementis Specialties Netherlands is wholly owned by Kolb and
renamed to KLK Kolb Specialties B.V.. The intention to acquire this site from Elementis plc was
announced in December 2017. Employee consultation processes, receipt of regulatory clearances
and other customary closing conditions, are executed successfully.

KLK Kolb Specialties B.V. manufactures surfactants and further specialties and will expand the
existing Kolb business portfolio in terms of product range and market coverage. The use of the
Delden site as another hub for KLK’s market penetration strategy will further accelerate growth in
the group’s downstream chemical specialties business in Europe. Both Kolb and KLK Kolb
Specialties are looking forward to the cooperation with each other, striving for positive synergies
for the KLK Group’s Oleochemical operation in Europe.