Pulcra Chemicals To Begin Production In May At DyStar’s Geretsried Site

Germany-based Pulcra Chemicals GmbH — a former subsidiary of Cognis GmbH, and supplier of
specialty chemicals — has completed its acquisition of Germany-based DyStar’s production site in
Geretsried, Germany.

DyStar filed for bankruptcy last year, and during the reorganization, a buyer was found for
all of DyStar’s assets except for the Geretsried site
(See ”
Finds Buyer
,” Dec. 15, 2009)
. The Geretsried facility became part of the DyStar family in
2006, when the company acquired the Dr. Th. Böhme group. DyStar continued to search for a favorable
outcome for the operation, and on April 1, Pulcra completed its acquisition of the textile, leather
and auxiliaries site including land, buildings, equipment and inventory. Pulcra is expected to
resume production at the idled facility in May, and will maintain the plant as its primary leather
and textile business production site within Europe.

“The production site at Geretsried is perfectly tailored to the needs of Pulcra Chemicals,”
said Yusuf Aktalay, CEO, Pulcra Chemicals. “As a supplier of process chemicals, we serve similar
types of customers that DyStar and Dr. Th. Böhme used to. We will greatly benefit from the
technological knowledge and expertise of the employees at Geretsried. By acquiring the site, Pulcra
Chemicals has strengthened its position in the market, and can further enhance the services and
products it provides to customers in Europe and all over the world.”

April 13, 2010