1. Science Futures Careers in Research and Development Katy Gibson Afton Chemical Ltd 4 th November 2014

2. My Own Career University of Warwick MChem with Industrial Training University of Manchester PhD in Polymer Science and Engineering Afton Chemical R&D Chemist in Engine Oil Additives Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation Infineum

3. Reassurance That Comes With Experience Formed in 1924 as the Ethyl Gasoline Corporation Newmarket Corporation formed in July 2004 1924 Present Afton Chemical has been a key player in the lubricant and fuel additive industry for more than 90 years. Afton Chemical: $2.3 B turnover; 1790 employees Afton Chemical: $2.3 B turnover; 1790 employees Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

4. Expanding World Presence R&D and Testing Facilities Port Arthur Rio Feluy Sauget Houston Manufacturing Plants Sydney Beijing Moscow Paris Hamburg Brussels Mumbai Dubai Vienna Sales Offices Toronto Rio Houston Bracknell Mexico City Caracas Tokyo Singapore Bangkok Tokyo Chicago Hyderabad Suzhou Manchester Seoul Richmond Buenos Aires Guangzhou Detroit Shanghai Ho Chi Minh City Orangeburg Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation Houston Sauget Port Arthur Suzhou Singapore Manchester

5. Afton Chemical Headquarters Richmond, VA USA Chemical Lab Engine and Rig Testing Additional Blending and Testing Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

6. Innovation Centers Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

7. A Broad Range of Technical Solutions Driveline Additives ATF, CVT, DCT Automotive Gear Off road Engine Oils Additives Passenger Car Heavy Duty Diesel VII Fuels Additives Gasoline & Diesel Performance Finished Fuel Power Generation Home Heating Oil Bio-based Fuel Industrial AdditivesHydraulic Slideway Turbine Metalworking Compressor Grease Industrial Gear Lubricant ComponentsCouplers Detergents & Corrosion Inhibitors Dispersants & Emulsifiers Extreme Pressure and Antiwear Agents Foam Inhibitors Friction Modifiers Pour Point Depressants Seal Swell Additives Tackiness Additives Thickeners & Viscosity Index Improvers Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

8. Helping Our Customers Grow is the #1 Priority Clear benefits and claims for current products Meaningful differentiation between tiers and brands Meaningful claims per segment & distribution channel New products Commitment to turning ideas into money Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

9. What is the role of a lubricant? Lubrication - Reduces friction and wear by introducing a lubricating film between moving parts Cooling - Dissipates heat away from critical parts of the equipment Cleaning - Removes and suspends deposits that affect smooth engine performance Protection - Prevents metal damage caused by oil degradation and corrosion Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

10. What is the role of a lubricant? Base OilPPDVIIAdditive Package Dispersants Detergents Anti-oxidants Extreme Pressure Anti-wear Friction Modifiers Corrosion Inhibitors Rust Inhibitors Metal Deactivators Foam Inhibitors Demulsifiers Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

11. What is the fuel and lubes additive industry? Raw Materials Croda BASF R.T Vanderbilt Additive Companies Oronite Lubrizol Infineum Oil Marketers BP Shell ExxonMobil TOTAL Q8 Chevron Customer Dealer/Garage End Consumer Engine Manufacturers OEM Volvo Peugot Renault VW BMW Mercedes Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation Develop, manufacture and supply the technology behind fuels and lubricants Components Additive packages Supply the base oil Make the engines

12. An example - why do we need antioxidants? Good oil Poor oil Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation The lubricant base oil is an additive delivery and heat transfer system Oxidation will inhibit these processes resulting in loss of performance and ultimately damage

13. Engine Oil Recruitment at Afton Around 35% of staff work in R&D Most senior management have a technical background Recruitment tends to be targeted rather than annual quota  5 year recruitment plan currently underway Main recruitment target is Chemists  B.Sc. (Hons.) or Ph.D., some even with postdoctoral experience  Most Chemists work in R&D or CTS (Customer Technical Service) Engine Oil R&D roles focus on Component Development (USA) and Formulation Development (USA/UK)  Analytical chemists also employed Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

14. Candidate skills Excellent core chemical knowledge  Everything we do is driven by understanding how and why things work  Chemical ability more important than specific knowledge Ability to take an idea/issue and work it to fruition  Highly driven individuals who are comfortable in a team environment as well as working autonomously  People who get things done! Customer facing / relationship skills are an advantage Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

15. What do chemistry graduates do in our sector? R&D Base Oil Components Viscosity Improvers 3 rd Party Components External Influences Customer Technical Service 3 rd Party Labs Mechanical Testing OEMs Specifications Legislation HSE Legal Hardware Marketing OEMs Specifications Legislation HSE Legal Hardware Marketing Products Purchasing Antioxidants Detergents Dispersants Antiwear etc. Antioxidants Detergents Dispersants Antiwear etc. Manufacturing Business + Marketing Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

16. Passion for Solutions™ – Our Philosophy Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

17. What is a formulator

18. What is a formulator: definition “ The putting together of components in appropriate relationships or structures, according to a formula.” Example of Paint….  Have you ever thought about what goes into paint? Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

19. What is a formulator? A formulator determines the ratio of the ingredients, whilst balancing business factors  Product quality  Stability  Cost  Raw material supply  etc. In engine oil we have an added complication- all of our components react together! Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

20. A day in the life of a formulator Liaising with marketing Fundamental understanding Visiting customers IP Developing products Mentor students Industry committees Visit OEMs Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

21. A day in the life of a formulator Key skills  Basic laboratory skills, especially in analytical techniques  Maths and statistical skills for experimental design and analysis  Teamwork and interpersonal skills, to work with large, interdisciplinary teams  Negotiating and the ability to balance competing needs of product quality, ease of production, and cost  Ability to analyse experimental results, draw conclusions, and propose logical next steps to reach corporate goals  Written and oral communication skills, to communicate clearly with other scientists, as well as nonscientists.  Ability to work in a fast-paced environment, and manage multiple, changing priorities and projects simultaneously Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

22. Top Tips and Advice

23. To PhD or not to PhD? You do need a PhD PhD’s allow you to start at a higher level within the company- however experience is more valuable It is not the easy option Do you like being in the lab? Practical Can you keep yourself going even when times are tough? Self motivated Can you work long days and often evenings? Hard- working Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

24. Top Tips Chemistry does not end with Pharma Get on LinkedIn Research early- graduate schemes often have early closing dates Be flexible PhD at a different university to your undergrad Supervisors are important Try something new Get experience wherever possible Think industry Look for small/medium sized companies You will get rejected from the first job you apply to Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation

25. Thank you Any Questions? katy.gibson@aftonchemical.com michelle.lippiatt@aftonchemical.com

26. What is the fuel and lubes additive industry? Experts in formulation, manufacturing and marketing of additives for lubricants and greases Confidential and Proprietary. This document should not be copied, shared, or reproduced in any media without the express written permission of Afton Chemical Corporation