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Solenis Licenses Patented Corn Oil Extraction Technology to Hydrite

December 8, 2016

FOR IMMEDIATE RELEASE

WILMINGTON, DE and BROOKFIELD, WI (USA) - December 08, 2016 - Solenis LLC and Hydrite Chemical Co. announced today the resolution of pending legal actions filed by Hydrite against Solenis regarding Solenis' patents for using polysorbate as an additive for corn oil extraction aids. As a result of the settlement, Solenis has licensed the use of its corn oil extraction technology to Hydrite. Under the license agreement, Hydrite will become an authorized licensee in the United States and Canada of Solenis technology that enhances the efficiency of corn oil extraction in the corn-to-ethanol process.

"Our corn oil extraction technology is a game changing invention that has enabled many ethanol producers to improve their profit potential. This agreement is a win-win for the industry as it will enable more ethanol producers to reap the benefits of our technology," said Shruti Singhal, Vice President, Industrial Water, North America, Solenis.

"As a market leader in ethanol, we are pleased to have reached an agreement with Solenis to continue to offer polysorbate chemistries to our customers, in addition to other products that enhance the biofuels process and produce more corn oil. We remain focused on product innovation to expand our current offerings of non-polysorbate chemistries," said Jon Murnik, Executive Director — Foam Products, Hydrite.

<div class="line">&nbsp;</div> <h2>About Solenis</h2> <p>Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company&rsquo;s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 69 manufacturing facilities strategically located around the globe and employs a team of over 15,400 professionals in 130 countries across six continents. Solenis is a 2023 US Best Managed Company, recognized three years in a row.</p> <p>For additional information about Solenis, please visit <a href="/en/">www.solenis.com</a> or follow us on social media.</p>
<h3>About Hydrite</h3> <p>Hydrite, a family-owned company established in 1929 and headquartered in Brookfield, Wisconsin, is one of the largest independent providers of chemicals and related services in the United States. The company offers expertise in chemical distribution and manufacturing, food sanitation, organic processing, liquid sulfites, agricultural fertilizers, foam control, and water treatment. The company has a network of facilities in Illinois, Wisconsin, Iowa, Indiana and California.</p>

FOR FURTHER INFORMATION

Global

Catherine (Katy) Abernathy

Vice President, Corporate Communications

Hydrite Chemical Company Media Contact

Jon Murnik