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Commission shall, wherever possible, use European standards. The power to adopt delegated acts is conferred on the Commission subject to the conditions laid down in this Article. Member States shall not prohibit, restrict or impede the making available on the market of detergents, and/or of surfactants for detergents, which comply with the requirements of this Regulation, on grounds that are dealt with in this Regulation. The Commission shall make publicly available the list of national measures referred to in paragraphs 3 and 4. Article 16 is replaced. Member States shall lay down the rules on penalties applicable to infringements of this Regulation and shall take all measures necessary to ensure that they are implemented. This Regulation is now in force and is binding in its entirety and directly applicable in all Member States. Original Source: Official Journal of the European Union L Legislation, 30 Mar 2012, 55 (L94), 16-21 (Website: http://eur-lex.europa.eu/JOIndex.do) © European Union 2012 COMPANY RESULTS Huntsman reports record earnings in 1Q 2012 Huntsman reported 1Q ended Mar 2012 results with revenues of $2913 M, 9% higher than in 1Q 2011. Net income attributable to Huntsman Corp increased to $163 M for 1Q 2012 compared to $62 M in 1Q 2011. Adjusted EBITDA improved 31% to $397 M during 1Q 2012. The company’s Performance Products division posted revenues of $807 M in 1Q 2012 ($804 M in 1Q 2011) with the small increase primarily due to higher sales volumes partially offset by lower average selling prices. Sales volumes increased primarily due to the consolidation of the maleic anhydride joint venture with Sasol in Germany, partially offset by lower demand for amines and surfactants, Huntsman reports. Average selling prices decreased primarily due to the sales mix, competitive market pressure for certain amines and in response to lower raw material costs for certain products. Adjusted EBITDA for the division fell 22% to $90 M, primarily due to lower contribution margins and higher manufacturing and SG&A costs. Original Source: Huntsman Corp, 10003 Woodloch Forest Drive, The Woodlands, TX 77380, USA, tel: +1 281 719 6000, website: http://www.huntsman.com (1 May 2012) © Huntsman International LLC 2012 Novozymes 1Q 2012: Household Care Enzyme sales In 1Q 2012 Novozymes reported a turnover of DKR 2.73 bn (368 M). This was an increase of 2% over 1Q 2012 but was down by 1% when currency effects were excluded. EBIT of DKR 680 M was higher than the forecast of DKR 670 M. Household Care Enzymes 1Q sales increased by 10% in DKR to DKR 913 M from DKR 830 M in 1Q 2011. The solid sales growth was driven by a continued increase in enzyme penetration across detergent tiers to enhance wash performance, enable low temperature washing and replace traditional chemicals in detergent formulations. Sales of Household Care enzymes to the emerging markets continued to be a significant driver of growth. Original Source: Novozymes A/S, Krogshojvej 36, 2880 Bagsvaerd, Denmark, tel: +45 4446 0000, fax: +45 4446 9999, e-mail: [email protected], website: http://www.novozymes.com (25 Apr 2012) © Novozymes 2012 Unilever 1Q 2012 results boosted by emerging markets For its 1Q ended Mar 2012, Unilever PLC’s turnover increased by 11.9% to 12.1 bn. Underlying sales growth was 8.4% (compared with the 6.4% predicted by analysts), with emerging markets up 11.9% and developed markets up 4.2%; all categories contributed to growth in 1Q 2012. Underlying volume growth was 3.5%, while pricing was up 4.7% for 1Q 2012. For 1Q 2012 turnover from personal care was 4260 M and from home care 2198 M. Geographical turnover for 1Q 2012 was: 4823 M from Asia/AMET/RUB; 4091 M from The Americas; and 3230 M from Europe. Business conditions remain difficult; high raw material costs are a particular burden. The company is looking for a slight rise in profits in 1H 2012. In a similar vein, the company’s India subsidiary Hindustan Unilever (HUL) has surpassed market expectations by posting 24% higher net profit at Rup 6.87 bn (c 96 M) on a 22% increase in net sales at Rup 56.6 bn for its fiscal 4Q ended Mar 2012 (net profit of Rup 5.52 bn on net sales of Rup 46.56 bn in 4Q ended Mar 2011). The increase in profit is attributed to the strong volume growth of 10% besides exceptional gains of Rup 290 M. During 4Q 2011-2012, sales of HUL’s soaps and detergents business, which accounts for 48% of its revenue, increased by 28% while sales of personal care products, which accounts for 30% of turnover, increased by 17%. The company’s skin care and hair care products recorded double-digit growths in 4Q 2011-2012. Original Source: Business Standard, 2 May 2012, 14 (259), I.2 (Website: http://www.business- standard.com/) © Business Standard Ltd 2012. Marketwire, 25 Apr 2012, (Website: http://www.marketwire.com) Colgate-Palmolive makes more 1Q profit Toothpaste and household cleaners company Colgate-Palmolive had net profits of $593 M in 1Q 2012, compared with $576 M a year earlier. Sales were up 5% at $4.2 bn; organic sales growth was 6.5% led by double- digit growth in emerging markets. The company was able to increase sales volumes (+3.5%) and pass on higher raw material costs via pricing increases (+3.5%). The Sanex acquisition [Focus on Surfactants, May 2011] contributed 1.5% to sales and volume growth. Latin America accounted for the largest share of company sales in the quarter at 28% of the total, followed by Greater Asia/Africa at 21%, Europe/South Pacific 20% and North America 18%. Original Source: Handelsblatt Wirtschafts- und Finanzzeitung, 27 Apr 2012, (83), 33 (Website: http://www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2012. Original Source: Colgate-Palmolive Co, 300, Park Avenue, New York, NY 10022, USA, tel: +1 212 310 2000, website: http://www.colgate-palmolive.com (26 Apr 2012) © Colgate-Palmolive Company 2012 Procter & Gamble earns less Procter & Gamble is being hit by high raw material prices and the company has reduced its forecast for the JULY 2012 5 FOCUS ON SURFACTANTS

Novozymes 1Q 2012: Household Care Enzyme sales

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Commission shall, wherever possible,use European standards. The powerto adopt delegated acts is conferredon the Commission subject to theconditions laid down in this Article.Member States shall not prohibit,restrict or impede the makingavailable on the market of detergents,and/or of surfactants for detergents,which comply with the requirementsof this Regulation, on grounds thatare dealt with in this Regulation. TheCommission shall make publiclyavailable the list of national measuresreferred to in paragraphs 3 and 4.Article 16 is replaced. Member Statesshall lay down the rules on penaltiesapplicable to infringements of thisRegulation and shall take allmeasures necessary to ensure thatthey are implemented. ThisRegulation is now in force and isbinding in its entirety and directlyapplicable in all Member States.

Original Source: Official Journal of the EuropeanUnion L Legislation, 30 Mar 2012, 55 (L94), 16-21(Website: http://eur-lex.europa.eu/JOIndex.do) © European Union 2012

COMPANYRESULTS

Huntsman reports record earnings in1Q 2012

Huntsman reported 1Q ended Mar2012 results with revenues of $2913M, 9% higher than in 1Q 2011. Netincome attributable to HuntsmanCorp increased to $163 M for 1Q2012 compared to $62 M in 1Q 2011.Adjusted EBITDA improved 31% to$397 M during 1Q 2012. Thecompany’s Performance Productsdivision posted revenues of $807 M in1Q 2012 ($804 M in 1Q 2011) withthe small increase primarily due tohigher sales volumes partially offsetby lower average selling prices. Salesvolumes increased primarily due tothe consolidation of the maleicanhydride joint venture with Sasol inGermany, partially offset by lowerdemand for amines and surfactants,Huntsman reports. Average sellingprices decreased primarily due to thesales mix, competitive marketpressure for certain amines and inresponse to lower raw material costsfor certain products. Adjusted

EBITDA for the division fell 22% to$90 M, primarily due to lowercontribution margins and highermanufacturing and SG&A costs.

Original Source: Huntsman Corp, 10003 WoodlochForest Drive, The Woodlands, TX 77380, USA, tel: +1281 719 6000, website: http://www.huntsman.com (1 May 2012) © Huntsman International LLC 2012

Novozymes 1Q 2012: Household CareEnzyme sales

In 1Q 2012 Novozymes reported aturnover of DKR 2.73 bn (€368 M).This was an increase of 2% over 1Q2012 but was down by 1% whencurrency effects were excluded. EBITof DKR 680 M was higher than theforecast of DKR 670 M. HouseholdCare Enzymes 1Q sales increased by10% in DKR to DKR 913 M from DKR830 M in 1Q 2011. The solid salesgrowth was driven by a continuedincrease in enzyme penetrationacross detergent tiers to enhancewash performance, enable lowtemperature washing and replacetraditional chemicals in detergentformulations. Sales of HouseholdCare enzymes to the emergingmarkets continued to be a significantdriver of growth.

Original Source: Novozymes A/S, Krogshojvej 36,2880 Bagsvaerd, Denmark, tel: +45 4446 0000, fax:+45 4446 9999, e-mail: [email protected],website: http://www.novozymes.com (25 Apr 2012)© Novozymes 2012

Unilever 1Q 2012 results boosted byemerging markets

For its 1Q ended Mar 2012, UnileverPLC’s turnover increased by 11.9% to€12.1 bn. Underlying sales growthwas 8.4% (compared with the 6.4%predicted by analysts), with emergingmarkets up 11.9% and developedmarkets up 4.2%; all categoriescontributed to growth in 1Q 2012.Underlying volume growth was 3.5%,while pricing was up 4.7% for 1Q2012. For 1Q 2012 turnover frompersonal care was €4260 M and fromhome care €2198 M. Geographicalturnover for 1Q 2012 was: €4823 Mfrom Asia/AMET/RUB; €4091 M fromThe Americas; and €3230 M fromEurope. Business conditions remaindifficult; high raw material costs are aparticular burden. The company islooking for a slight rise in profits in 1H2012.

In a similar vein, the company’sIndia subsidiary Hindustan Unilever(HUL) has surpassed marketexpectations by posting 24% highernet profit at Rup 6.87 bn (c €96 M) ona 22% increase in net sales at Rup56.6 bn for its fiscal 4Q ended Mar2012 (net profit of Rup 5.52 bn on netsales of Rup 46.56 bn in 4Q endedMar 2011). The increase in profit isattributed to the strong volume growthof 10% besides exceptional gains ofRup 290 M. During 4Q 2011-2012,sales of HUL’s soaps and detergentsbusiness, which accounts for 48% ofits revenue, increased by 28% whilesales of personal care products,which accounts for 30% of turnover,increased by 17%. The company’sskin care and hair care productsrecorded double-digit growths in 4Q2011-2012.

Original Source: Business Standard, 2 May 2012, 14(259), I.2 (Website: http://www.business-standard.com/) © Business Standard Ltd 2012.Marketwire, 25 Apr 2012, (Website:http://www.marketwire.com)

Colgate-Palmolive makes more 1Qprofit

Toothpaste and household cleanerscompany Colgate-Palmolive had netprofits of $593 M in 1Q 2012,compared with $576 M a year earlier.Sales were up 5% at $4.2 bn; organicsales growth was 6.5% led by double-digit growth in emerging markets. Thecompany was able to increase salesvolumes (+3.5%) and pass on higherraw material costs via pricingincreases (+3.5%). The Sanexacquisition [Focus on Surfactants,May 2011] contributed 1.5% to salesand volume growth. Latin Americaaccounted for the largest share ofcompany sales in the quarter at 28%of the total, followed by GreaterAsia/Africa at 21%, Europe/SouthPacific 20% and North America 18%.

Original Source: Handelsblatt Wirtschafts- undFinanzzeitung, 27 Apr 2012, (83), 33 (Website:http://www.handelsblatt.com) (in German) © Verlagsgruppe Handelsblatt GmbH & Co KG 2012.Original Source: Colgate-Palmolive Co, 300, ParkAvenue, New York, NY 10022, USA, tel: +1 212 3102000, website: http://www.colgate-palmolive.com (26Apr 2012) © Colgate-Palmolive Company 2012

Procter & Gamble earns less

Procter & Gamble is being hit by highraw material prices and the companyhas reduced its forecast for the

JULY 2012 5

F O C U S O N S U R F A C T A N T S