Oct 1, 2017   SOURCE: BusinessWire

Statement From Ascend Performance Materials on Line Leak in Brazoria County

An ammonia product supply line has experienced a leak in an undeveloped, publicly inaccessible area located northeast of the intersection of CR 232 and CR 226 in Brazoria County. The flow of ammonia has been turned off, and as the owner of the supply line, Ascend and its contractors are actively working to repair the line. Several nearby structures were evacuated as a precaution.

Air quality in the area is being independently monitored and is at safe levels. Depending on wind direction and other factors, the smell of residual ammonia may be detectable in the general area.

Brazoria County officials are informed and being updated. Appropriate updates will be provided. For additional information please contact Alison Jahn at 713-210-9809.

About Ascend Performance Materials

Ascend Performance Materials is a global premium provider of high-quality plastics, fibers and chemicals. Ascend is one of the world’s largest integrated PA66 producers, with its own in-house manufacturing facilities, ensuring total security of supply. Ascend’s product range has earned it an unequalled reputation for quality, innovative techniques and an enlightened approach to business that expands the horizons of possibility. With eight global locations and more than 2,400 people working at our sites around the world, Ascend has the inspiration, the expertise, the people and the attitude toward innovation to consistently deliver the right solution for customers.

Together, we’re making a difference.

Together, we’re inspiring everyday.

More information about Ascend can be found at www.ascendmaterials.com

About SK Capital

SK Capital is a private investment firm with a disciplined focus on the specialty materials, chemicals and healthcare sectors. The firm’s purpose is to build strong and growing businesses that create substantial long-term economic value. SK utilizes its industry, operating and investment experience to identify opportunities to transform businesses into higher performing organizations with improved strategic positioning, growth and profitability as well as lower operating risk. SK Capital’s portfolio companies generate revenues of approximately $8 billion annually and employ approximately 9,000 people. The firm currently manages more than $1.5 billion of committed capital. For more information, please visit www.skcapitalpartners.com

Disclaimer:

Although the information and recommendations set forth herein (hereinafter “Information”) are presented in good faith and believed to be correct as of the date hereof, Ascend Performance Materials Operations LLC makes no representations or warranties as to the completeness or accuracy thereof. The full disclaimer of warranty and liability can be found at ascendmaterials.com/disclaimer.

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