MARINELINE® & CHEMLINE® COATINGS FOR INDUSTRY

Advanced Polymer Coatings News

MARINELINE® CONTRACTS SIGNED FOR 64 MORE CHEMICAL TANKERS FOLLOWING TURKEY’S EUROPORT EURASIA MARITIME EXHIBITION

AVON, OHIO, May 29, 2007 — Europort Eurasia, the 9th Maritime Exhibition for the Eurasian Region held last month in Istanbul, Turkey, provided an excellent platform for Advanced Polymer Coatings to showcase its MarineLine® cargo tank lining system.

According to Advanced Polymer Coatings’ Chairman, Mr. Donald Keehan, the company signed contracts that will see 64 new ships coated with MarineLine over the next several years. He says, “Turkey is a fast-growing market in the shipbuilding industry, and many of the shipyards are very familiar with the MarineLine system. As our fleet of success stories continue to escalate, shipowners are very comfortable in specifying MarineLine as the cargo tank lining of choice for all types of aggressive chemical cargos, CPPs, and edible oils.”

Mr. Keehan adds that in his discussions with ship owners, they are particularly pleased that MarineLine has received the ‘Certificate of Design Assessment’ by the American Bureau of Shipping, a process whereby the ABS reviewed and certified documentation on MarineLine’s specifications, performance data, standards of compliance and engineering analyses.

The new MarineLine contracts in Turkey were signed with a number of shipping companies and shipyards. Ship sizes range from 5,500 DWT to 20,000 DWT.

According to Mr. Keehan, the signing of 64 new ships for MarineLine is a significant milestone in that Advanced Polymer Coatings only just announced at last year’s SMM 2006 event in Hamburg, Germany that the 100th MarineLine chemical tanker had been completed. The 200th MarineLine coated vessel will be completed in 2007. “Exponentially it is apparent that many chemical tanker vessels will be coated with MarineLine® in the years ahead,” he adds.