GLOBAL CHALLENGES TRUSTED SOLUTIONSrmc-strategic.com/wp-content/uploads/2017/11/MTI-Annual-Report-1.pdfMTI IS A DEPENDABLE RESOURCE DEVELOPED BY ENGINEERS FOR ENGINEERS. SINCE 1977,

GLOBAL CHALLENGESTRUSTED SOLUTIONS

2016 ANNUAL REPORT

MTI will be the process industries’ first choice for materials technology networking and solutions.

MTI’s Vision

MTI maximizes member asset performance by providing global leadership in materials technology to improve safety, reliability, sustainability and profitability.

MTI’s Mission

MTI IS A DEPENDABLE RESOURCE DEVELOPED BY ENGINEERS FOR ENGINEERS. SINCE 1977, THE ORGANIZATION HAS SERVED MEMBERS’ GLOBAL CHALLENGES BY PROVIDING TRUSTED SOLUTIONS IN ALL AREAS OF MEMBERSHIP.

The chemical, oil and gas, pharmaceutical, and pulp and paper companies that have been MTI members over the last four decades built the organization to meet their needs, with the ability to share costs and expertise on nonproprietary research projects. They formed an association and tailored it so changes could be made quickly to address industry challenges.

MTI continues growing and strives to offer the resources and materials technology information member companies can use to improve and maintain safety, reliability, sustainability and profitability.

Even where funding is available to individual companies, many operations don’t have the in-house expertise to conduct fast-track research that provides the kind of answers they need to impact operations and show a return on investment.

MTI solutions range in variety, and while some may be as simple as networking, the combined resources, knowledge sharing and access to talented colleagues is as valuable today as when the founding members conceived the idea.

Whether answers and ideas come from the online forum, publications and reports, meetings and special events, research and project develop-ment, the vast network of experts, or any other resource MTI offers, members know they can trust MTI to deliver solutions to their global challenges in this fast-paced world!

Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Top 6 MTI Solutions in 2016 . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Report of the Chair – Board of Directors . . . . . . . . . . . . . . . . . . . 4

Board of Directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Letter from the Executive Director . . . . . . . . . . . . . . . . . . . . . . . 6

Directors & St . Louis Staff . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

Featured Project — FRP Training . . . . . . . . . . . . . . . . . . . . . . . . 8

Featured Project — MAP USA Conference . . . . . . . . . . . . . . . . . . 9

Benefits of Membership . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Member Companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

Designated Representatives . . . . . . . . . . . . . . . . . . .Center Spread

MTI Provides Access to a World of Knowledge . . . . . . .Center Spread

AmeriTAC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

AsiaTAC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

EuroTAC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18

Projects . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20

Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24


2016 Annual Report Addendum

This report is an Addendum to the 2016 Annual Report published

in June 2016, which included partial information for 2015 and 2016 .

The Addendum includes MTI activities with complete information

and content for the 2016 calendar year to reflect the changes in our

fiscal year, and as such is labeled 2016 Annual Report . See note on

financial statements and fiscal year on page 25 .


2PAGE 3PAGE

Top 6 MTI Solutions in 2016

400+ Books & Documents & Thousands of Searchable Forum Topics• TheMTIeLibraryistheall-newcomprehensiveMTIknowledgebase.

• 6WaystoBrowseorSearch:AdvancedSearch,Title,Category,

ContentType,Author,andTAC

• 6ContentTypes:Books,MSSeries,Reports,TACAwarenessBulletins,

TACForums,andPresentations

• 9Industry-RelatedCategories:Atlases,Corrosion,Design,

FFS/DamageAssessment,Inspection,MaterialsSelection,

PolymersandFRP,Repairs/Maintenance,andSurfaceWear

24/7 Online TAC Forum• MTI’sonlineforumfacilitatescollaborationbetweenindustryexperts,

whichdeliverscriticalinformationinreal-time.

• MemberTopicsPosted:131

• MemberReplies:507

46 Books & Reports• ThePrint-on-DemandBookstoreisanopportunityfor

memberstopurchaseboundcopiesofMTIpublications.

$500,000+ Investment in Research Approved Funding by TAC• Member-drivenprojectsareessentialtotheorganization

whereparticipationiskeytodevelopingandcompleting

nonproprietaryfast-trackprojects.

1,200+ Individuals in the MTI Experts Network• Memberscanaccesstheonlinedirectoryandforum,orinteractat

meetings,specialeventsandreceptionswheretheycanconnectwith

theon-averageattendanceof70membersandguests.

Technical Advisory Council Meetings• 3NorthAmerica,2Europeand1Asia

• 4EducationalTrainingSessionsatTACMeetings:Castings101,

Welding&WeldabilityofStainlessSteel,CladMaterials,Elastomers

• 5SpecialEvents:2ManagingAgingPlantsConferences,2FRPIn-service

InspectionTrainingSeminars,and1HTHARoundtable

4PAGE 5PAGE

Report of the Chair — Board of Directors Board of Directors

Throughout2016wehavemaintainedourfocusonrapidgenerationandaccesstotrustedmaterialsolutionsfornewandadvancedtechnologiesandcommunicationofthevalueofmembershipandtheR.O.I.Thishasinvolvedtheuseofmoderntechnologybasedlearningplatforms,trainingofprojectchampions,optimizationofprojectexecutionandclarityaroundthevalueofmembershipwithcommunicationmaterialtailoredtodifferentstakeholders.

Theeffortsofourmembersandstaffhaveresultedinthecompletionofatotalof15projectscoveringprediction,detectionandpreventionofmaterialdegradation,integrityandconditionassessment(ICA),especiallyofagingequipmentandplants,andevaluationandbestpracticesregardingwelds.Theweb-basedsearchengineforMTIpublicationsacceleratesaccesstoourTRUSTEDsolutionsacrossmorethan400booksanddocumentsandthousandsofsearchabletopics.OureLearningandothertrainingplatformsareafastandagilepathforexpertlearning.

ThestrengthofMTIresidesinourglobalpresenceandourtightlinkagebetweenmaterialstechnologists,theengineeringdesigncommunity,suppliersandfabricators.OnbehalfoftheBoard,IthankourstafffortheirsupportandALLmembersfortheircontributionsandco-creationofTRUSTEDsolutionstoimprovepeople’slivesandourbusiness.

MariaJoseLandeiraOestergaard—HaldorTopsoeA/SChairman

OnbehalfoftheBoardofDirectors,itiswithgreatprideIpresenttheMTIAnnualReportfortheperiodJanuarytoDecember2016.

Sinceourfoundation40yearsago,membercompanieshavecontributedtothedevelopmentofMTIintowhatwearetoday,

anorganizationthatmaximizesmemberassetperformancebyprovidinggloballeadershipinmaterialstechnologytoimprovesafety,reliability,sustainabilityandprofitability.

Theworldhaschangedsignificantlyduringthose40years,andthechallengesconfrontingglobaldecision-makersaregrowingincomplexity,intensityandurgency.Alternativefeedstock,environmentaltechnology,energystorage,intelligentmaterials,alternativeenergy,efficiencyandnutritionarefuturegrowthplatformswithchallengesmaterialengineerswillbefacing.Asthechallengesgrowanddiversify,thedemandforaskilled,educatedandadaptableworkforceincreaseswhilethetimetodevelopexpertsdecreases.Inthepastweplanned,organizedandcontrolled,buttodaywecreateandassembleresourcesacrosstimezones,andgeographicandculturalboundaries.

Throughtheyears,membershavecontributedtothedevelopmentofMTIwhilekeepingitscorevalueandpurposeunchanged:MTIisamembers’organizationservingmemberneedsbyaddressingourspecificchallenges,developingreliableknowledge,influencingthedevelopmentandappropriateuseofpertinentcodes,standardsandregulationswhileprovidingtrainingandnetworkingopportunities.

Asyoureadthroughthisannualreport,youwillseehowMTIcontinuouslyaddressesGLOBALCHALLENGESanddevelopsTRUSTEDSOLUTIONStoimprovesafety,reliability,sustainabilityandprofitabilitywhiledevelopingmaterialexperts.

Seated, Left to Right:

Michael Blakely, AmeriTAC Vice Chair Ex-OfficioGlobal Director of Business DevelopmentNobelClad

Michael Anderson, AmeriTAC Chair Ex-OfficioArea Leader - Reliability & Performance ImprovementSyncrude Canada Ltd.

David BarberMaterials Engineering Discipline Technology LeaderThe Dow Chemical Company

Kevin GanschowMaterials EngineerChevron Corporation

Standing, Left to Right:

Paul Whitcraft, BOD Chair*Regional Metallurgist – Eastern USRolled Alloys

Maria Jose Landeira Oestergaard, BOD Vice ChairPrincipal Engineer, Senior Materials SpecialistHaldor Topsoe A/S

Robert SinkoAssociate Materials EngineerEastman Chemical Company

Srini Kesavan Principal Engineer - MaterialsFMC Corporation

Kelly WyroughDirector of Technical ServiceRoben Manufacturing Co., Inc.

William PadenSenior Corrosion & Materials EngineerAscend Performance Materials LLC

Dale HeffnerVice PresidentElectro Chemical Engineering & Manufacturing Co.

Robert FreedPrincipal Materials ConsultantDuPont Company

Not Pictured:

Eileen ChantEngineering ManagerBecht Engineering Co., Inc.

Tzu-Ping Cheng, AsiaTAC Co-Vice Chair Ex-Officio

Research Supervisor, Department of Advanced Electrochemistry and Corrosion Prevention ResearchITRI

Dietlinde Jakobi, EuroTAC Chair Ex-OfficioGeneral Manager - Research & Development Services Centrifugal Casting DivisionSchmidt+Clemens GmbH+Co KG

Paul ManningDirector, CRA Marketing and Business DevelopmentHaynes International, Inc.

Guangbin Rao, AsiaTAC Co-Vice Chair Ex-Officio

Materials EngineerBASF Corporation

Henry Ye, AsiaTAC Chair Ex-Officio

Materials Engineering ConsultantDuPont Company

* Assumed MTI Executive Director Role in September 2016.

The Board of Directors, elected by the Member Representatives, manages the business of MTI. The four critical functions of the Board of Directors include planning, organization, leadership, and control.

6PAGE 7PAGE

Letter from the Executive Director Directors & St. Louis Staff

andenthusiasmoftheattendees,webelievewewillbesuccessfulinaddingtoMTI’smembershipintheregion.PartofthereasonforthatsuccesswillbethatnewattendeeswereabletoseethatMTIdeliversrelevantandtrustworthyinformationthatassiststheminimprovingtheperformanceoftheirorganization.

AtarecentUNbriefingIattendedinconjunctionwiththeWorldCorrosionOrganization(WCO),thetopicofinformationreliabilitywasdiscussed.Asnewsandinformationconsumers,societyhasmanysourcestodrawupon.Theserangefromlocalnewspapers,tonationalpapersandmagazines,TVnetworks,cablenewsandontosocialmediasuchasFacebookandTwitter.Theproblemliesinidentifyingthetruth,discerningopinionfromfact,realityfromalternatefacts,andcredibilityversusdisinformation.

MembersofMTIarefortunatebecauseweofferthemeanstofindTRUSTEDSOLUTIONS.Amongourranksaresomeofthemostknowledgeableindividualsintherealmofmaterialsscienceasitappliestotheprocessindustries.Postingaquestiononour24/7forumislikelytogetyouausefulresponsefromatrustedsourceinaveryshortamountoftime.And,sometimes,learningthatthereisn’tagoodanswertoyourquestioncanbeequallyuseful.Thesearethetypesofquestionsthatcanleadtonewprojects.

Finally,abigTHANKYOUtoallofourMemberrepresentativeswhocontributeinsomanywaystoMTI’sknowledgebaseandtechnicalnetwork.Throughyou,MTIbecomesmorethanthesumofitsparts.

PaulWhitcraftExecutive Director

Aswecelebratetheexcellentaccomplishmentsofthefirst40years,MTI’sMembersandStaffareworkingtogethertoachieveevengreaterreturnsforthefuture.InmyfirstsixmonthsasExecutiveDirector,theBoardofDirectorshasbeenverysupportiveandeagertoworkonourchallenges.Chiefamongthemiscontinuing

toensureMembersreceivevaluethatexceedsthecostoftheirmembership.Successfulretentionofcurrentmembersisonesignofastrongorganization.Thisismostreadilyachievedbymaintainingactivityandparticipation.IencourageMemberstosendmorethanonerepresentativeandtotakeadvantageofallthreeofourTACs.

ItooktheopportunitytoattendboththeSpringEuroTACandSpringAsiaTACmeetings.DetailedupdatesontheactivitiesofthesegroupsarecontainedelsewhereinthisAnnualReport,butitwascleartomethattheenthusiasmfordevelopingprojects,fortraining,andfortheexchangeofinformationtobenefitthesafetyandefficiencyoftheindustrywaspresentinallourTACoperations.OurmembersarelargelyglobalorganizationsthatfaceGLOBALCHALLENGES,andMTIisfunctioninggloballytomeettheirneeds.

Oneofthesefunctionsisthroughourprojects.Wellover200projectshavebeenconceived,plannedandexecutedthroughtheyears.SinceEuroTACandAsiaTACareonlyabouttenyearsold,itisnotsurprisingthatmostofthesehadtheirorigininNorthAmerica.Andnow,EuroTACisdirectingmultiplefundedprojects.Itiscommontoseelargeprojectteammeetingswheremembersareenergeticallyworkingtogethertoachievethebestoutcomeswithnewprojectideasfreelyflowing.

AsiaTAChasalsodevelopedandcompletedmultipleprojectswithafocusontrainingandnowhasaprojectinvestigatingthecorrosionresistanceofmetallicmaterials.OurrecentmeetinginThailandwasintendedtoattractchemicalproducersinAsia.Themeetingwaswellsupportedbycurrentmembersand,judgingfromtheparticipation

Gary Whittaker — 2016

Gene Liening — 2016

Emory Ford — 2015

Pradip Khaladkar — 2014

Greg Kobrin — 2005

George Elder — 2004

Warren Pollock — 2004

Robert Puyear — 2002

James M. Macki — 2011

William C. Fort III — 2010

W.B.A. (Sandy) Sharp — 2006

Robert A. McTamaney — 2006

Sheldon Dean — 2001

Paul Dillon — 2001

Galen Hodge — 2001

Bert Krisher — 2001

MTI FELLOWS

John AllerExecutive Director(Retired October 2016)

Byron KeelinOperations Director

Heather StineAssociate Director

Lori ElginAdministrative Assistant

Kirk RichardsonMarketing Director

Paul WhitcraftExecutive Director

Jesse ChenAssociate Director

Paul LiuAssociate Director, Asia

Bill WatkinsAssociate Director

Emory FordEmeritus Director

Randy ScheelAssociate Director

Patrice HoulleAssociate Director, Europe

Lindsey SkinnerCommunications and Publications Manager

8PAGE 9PAGE

The FRP In-service Inspection Training Dream Team (left to right): Jesse Chen, MTI; Brian Linnemann, RL Industries; Pradip Khaladkar, MTI; Debra McCauley, Chemours; Al Lopez, Dow; Dale Keeler, Dow; Hardin Wells, Albemarle; and Ed Naylor, AkzoNobel.

FRP Training by the Numbers 20162 . . . . . . . . . .Cities (Philadelphia & Houston)76 . . . . . . . . . . . . . . . . . . . . . . . . . . Attendees 42 . . . . . . . . . . . . . . . . . . . . . . . . . . . Members34 . . . . . . . . . . . . . . . . . . . . . . .General Public5 . . . . . . . . . . . . . . . . . . . Member Instructors2 . . . . . . . . . . . . . . . . . Project co-Champions

MAP USA Conference by the Numbers8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . Sessions2 . . . . . . . . . . . . . . . . . . . . . . . . . . Workshops 30 . . . . . . . . . . . . . . . . . . . . . . . Presentations800 . . . . . . . . . . . . . . . .Registered Attendees (Conference and Expo)

170 . . . . . . . . . Delegates from 20 countries31 . . . . . . Member Company Participants

FRP In-service Inspection Seminar Series Fills Industry Void

MAP Houston Project Benefits 31 Member Companies

doingthisinafogofignorancereally,andnowthere’ssomeinstructionandtrainingavailablethroughboththeprojectandtheeLearningmoduletocome,”pointsoutEdNaylor,AkzoNobel,projectCo-championwithHardinWells,Albemarle.

WellsbelievesthatthisprojectreallyembodieswhatMTIisallabout:“Thiswasbuiltbythemembership,deliveredbythemembership,andbenefittedthemembershipandourindustries.Thereisn’tabetterwaytoaccomplishwhatMTIisbuilttoaccomplish,thanaprojectlikethisone.”

Becausethelivetrainingsessionsweresowellreceived,MTIisintheprocessofbuildingacomputer-basedeLearningtrainingpackagethatwillbeavailable24/7tomembercompanyemployeesaroundtheworldasapotentialsolution.WatchformoreinformationatyourregionalTACMeetingsandonthewebsiteatmti-global.org.

forInspectionandDataAnalysisforManagementofAgingPlants,andmanyotherhelpfulpresentations.

OnehundredseventydelegatesattendedMAPUSAfrom20countries.Amongthose,representativesfrom31MTImembercompaniesparticipated,including3M,AirLiquide,AirProducts,AkzoNobel,Albemarle,AscendPerformanceMaterials,BASF,BechtEngineering,BP,Chemours,Chevron,DuPont,EastmanChemicalCompany,HaynesInternational,Honeywell,HuntsmanPetrochemical,KochIndustries,NobelClad,LyondellBasell,NOVAChemicals,Outokumpu,Praxair,RolledAlloys,Sabic,Sandvik,Schmidt+Clemens,StressEngineering,TheDowChemicalCompany,TheEquityEngineeringGroup,Tricor,andWebcoIndustries.

“ItwasgreatbeingabletoworkwiththeMTIprojectteamandseetheeventcometogether,”sharesKell.“I’mhappythatMTIprovidedmewiththeopportunitytobeapartofit,andIlookforwardtoseeingMAPgetbiggerandbetterincomingyears.”

FormoreinformationaboutpastandfutureManagingAgingPlantsconferencesplannedinAsia,Europe,andNorthAmerica,visitmti-global.orgormanagingagingplants.com.

Ifnumbersareagoodmeasureofimpact,thenoneofMTI’smostsuccessfulprojectsinthelastyearwastherecentlycompletedInspectionofIn-ServiceFRP(Fiber-ReinforcedPlastic)Equipment&Pipingtrainingprogram.In2016(andearly’17),132membersandguestsattendedoneofthethreemulti-dayinteractivesessionsheldinPhiladelphia,HoustonandBatonRouge.

Adreamteamofsubjectmatterexpertssharedtheirex-tensiveknowledgeonMaterials,Design,andFabrication;InspectionPracticesandInspectionPhilosophy;FailureModesandConditionAssessment;VisualInspectionandRemoteVisualInspection;NDE,NDT,andDestructive&AnalyticalTesting;FitnessforService;RepairsandAlterations,andpresentedseveralinsightfulCaseHistories.

Thein-depth,practicalseminarfillsanindustryvoidfortraininginanimportantandongoingactivity.“We’vebeen

TheMTIprojectteamforManagingAgingPlantsinHouston,championedbyCodyKellof3M,successfullycompletedtheproject,whichwasheldattheGeorgeR.BrownConventionCenter,November9-10,2016.The17MTImemberrepresentativesandstaffparticipatingontheMAPSteeringCommitteemetregularlystartinginJanuary2016,proposingtechnicalcontent,invitingspeakers,andapprovingcontenttobepresentedattheconference.Manycommitteememberswereabletorealizevaluefortheirsignificanteffortsnearlyayearlaterwhileparticipatingintheliveevent,interactingwithfellowattendeesandexhibitors,andengagingwithpanelists.

Thetwo-dayconference,organizedbyKCIinconjunctionwithMTI,featured8sessions,2workshopsand30totalpresentations.MAPUSAbeganwithplenarylecturestaughtbyrepresentativesfromBP,IntertekAssetIntegrityManagementandtheMaryKayO’ConnorProcessSafetyCenter.Theprogramfocusedonseveralindustryhottopics,includingRiskBasedRepairofRefineryStructures,CorrosionStudies&TheirInfluenceonMaterialofConstructionSelection,ManagingAgingPlants:Nonmetallics,ReliabilityofFlexibleChemicalHoses,ManagementofAgedEquipmentLackingDocumentation,BestPractices

MTI’s role is increasingly important as materials options expand in number and complexity

and as shortages of trained staff constrain operations.

Through membership, companies gain the knowledge they need to better develop, manage,

and maintain greenfield and retrofit construction projects, leading to greater efficiency, safety,

reliability, sustainability and profitability.

Benefits: • Rapidandefficientsolutionstoproblems• Accesstoanexpertnetworkthatincludessomeoftheworld’sforemostmaterialstechnologistsforimmediateandvettedconsultation

• Apoolofcooperativeresearchfundingthatmultipliesthecollectedmembershipdues• Anopportunitytoselect,scope,andleadprojectsconductedbyothers• Privilegedaccesstointernallydevelopedinformationandprojectoutput• Asearchabledatabaseofmorethan30yearsofForumquestionsanddiscussion

MTI also helps member companies achieve bottom-line savings by transferring existing knowledge

into commonly used practices, conducting technology evaluation studies, and providing access to

a network of materials experts to help with urgent problems.

The representatives of member companies who participate in MTI activities help to raise

the knowledge base among diverse plant staff and often become the in–house expert

(i.e., the “go–to person”) for materials technology solutions. In addition, the interaction

among materials specialists and the leadership opportunities within MTI enhance

career development.

10PAGE

Benefits of Membership Benefits By the Numbers in 2016

Attendees at 15 MTI Events from worldwide TACMeetings to Training Seminars to Roundtables

472

Total Funding of New and Active Projects$989,000

Member Posts & Replies on the 24/7 online TAC Forum638

Books published and available exclusively to members for 18 months6

-

Member Profiles – the Online Member Directory provides rapid access to MTI’s vast network of experts1,279

Books, Presentations & Other Resources searchable in the new eLibrary423

Value Awards presented to members who gained valuable solutions for their company with MTI knowledge or resources3

FUNDEDProjects +5 COMPLETED

Projects15

In the 6 Weeks after launching in November 2016, the eLibrary benefitted members by providing access to MTI

knowledge with 281 Member User Sessions, which resulted in 205 Keyword Searches and 447 Document Views!

THE VALUE OF MTI MEMBERSHIP IS A NUMBER THAT CAN’T BE CRUNCHED!BOTTOM LINE:

to help solve industry challenges

Member Companies*

12PAGE

* Member companies as of 12/31/2016.

13PAGE


Roxanna AlvarezLloyds Register Energy Americas, Inc.Houston, Texas

Michael AndersonSyncrude Canada Ltd.Fort McMurray, Alberta, Canada

Poul-Erik ArnvigOutokumpu, Inc.Espoo, Finland

David BarberThe Dow Chemical CompanyFreeport, Texas

Troy BartleyTitanium Fabrication Corp.Fairfield, New Jersey

Jim BaumannRathGibsonJanesville, Wisconsin

Bill BieberWebco Industries, Inc.Sand Springs, Oklahoma

Michael BlakelyNobelCladBoulder, Colorado

Eileen ChantBecht Engineering Co., Inc.Liberty Corner, New Jersey

Tzu-Ping ChengIndustrial Technology Research InstituteChutung, Hsinchu, Taiwan

Gary CoatesNickel InstituteToronto, Ontario, Canada

Marc CookDow Corning CorporationMidland, Michigan

George DonaldNOVA Chemicals CorporationCalgary, Alberta, Canada

Scott DufaultLyondellBasellChannelview, Texas

Francois DupoironTOTAL SAParis, France

Sivuyile FunaniSABICRiyadh, Saudi Arabia

Jader FurtadoAir LiquideParis, France

Otis GallowayP.A. Inc.Houston, Texas

Kevin GanschowChevron CorporationRichmond, California

Bob GillEllett Industries Ltd.Port Coquitlam, British Columbia, Canada

Marc GlasserRolled AlloysTemperance, Michigan

Mike GriffinVictaulicEaston, Pennsylvania

John GrubbAllegheny Technologies IncorporatedPittsburgh, Pennsylvania

Dale HeffnerElectro Chemical Engineering and Manufacturing Co.Emmaus, Pennsylvania

John HoubenExxonMobil Research and Engineering CompanySpring, Texas

Don HurstSonomatic LimitedChesire, United Kingdom

Dietlinde JakobiSchmidt+Clemens GmbH+Co KGLindlar, Germany

Terry JarrettKoch IndustriesWichita, Kansas

Cody Kell3MSt. Paul, Minnesota

Srini KesavanFMC CorporationPhiladelphia, Pennsylvania

Ken KirkhamThe Equity Engineering Group, IncShaker Heights, Ohio

Minfa LinAir Products and Chemicals, Inc.Allentown, Pennsylvania

Brian LinnemannRL IndustriesFairfield, Ohio

Paul ManningHaynes International Inc.Kokomo, Indiana

Hiroyasu MatsudaMitsui Chemicals, Inc.Tokyo, Japan

Ben McCurryBASF CorporationLudwigshafen, Germany

Ioannis MelasHellenic Petroleum S.A.Thessaloniki, Greece

Lou MillerHoneywellMorris Plains, New Jersey

Lance Mock Caldera EngineeringProvo, Utah

Masao NakaharaAsahi Kasei CorporationTokyo, Japan

Ed NaylorAkzoNobelAmsterdam, The Netherlands

Dennis NolanPolycorp, Ltd.Elora, Ontario, Canada

Greg O’BrienSIMONA America Inc.Archbald, Pennsylvania

Maria Jose Landeira OestergaardHaldor Topsoe A/SKgs. Lyngby, Denmark

William PadenAscend Performance Materials, LLCHouston, Texas

Jacob RodriguezCorrosion MaterialsBaker, Louisana

Derrick RogersStress Engineering Services, Inc.Mason, Ohio

Marcelo SenatoreSandvik Materials TechnologySandviken, Sweden

Robert SinkoEastman Chemical CompanyKingsport, Tennessee

Steven SpringerThe Chemours CompanyWilmington, Delaware

Antonin Steckmeyer Manoir IndustriesParis, France

David MooreBPLondon, England

Robert FreedDuPont CompanyWilimington, Delaware

Hardin WellsAlbemarle CorporationBaton Rouge, Louisiana

James WhitePraxair, Inc.Danbury, Connecticut

Dana WiliamsMarathon Petroleum Company LPFindlay, Ohio

Stuart WilsonConocoPhillips, Inc.Houston, Texas

Kelly WyroughRoben Manufacturing Co., Inc.Lakewood, New Jersey

Zhu XiaofengJiuli Hi-Tech MetalsHuzhou, Zhejiang, China

Chuck YoungTricor Industrial, Inc.Wooster, Ohio

Nina YoungHuntsman PetrochemicalThe Woodlands, Texas

Nick ZentilTITAN Metal FabricatorsCamarillo, California

* Designated Representatives as of 12/31/2016.

MTI Membership Provides Access to a World of Knowledge

13,287Website Visitors

Individuals Serving Member

Companies as TAC Reps 2

2

1

1

3

1The

Netherlands1

Sweden1

Denmark1

Finland

2United

Kingdom1

Greece3

Germany3

France

1Taiwan

39.4%New Visitors

60.6%Returning

Visitors

MTI’s Website Draws Global Visitors

Top Visiting Countries

1. United States

6. France

3. Canada

8. The Netherlands

2. United Kingdom

7. China

4. Germany

9. Sweden

5. Denmark

10. India

62 Members

31 Producers

29 Suppliers

2 New Members

2 Organizations

2016 Mem

bership

32% of MTI Members are Listed Among the ICIS Top 100 Chemical Companies

32%

62 Designated Representatives*

6Worldwide

TAC Meetings

100See TAC Reps on pages 15, 17, and 19.

School Visits — Colorado School of Mines, University of Missouri Science and Technology, University of Akron

Meeting with Professors at Texas A&M University

Meeting & Networking Mixer with University of Tennessee Students at a TAC Meeting

Presentations from Georgia Tech Professors at a TAC Meeting

Student Academic Scholarships Awarded

UNIVERSITY OUTREACH

Members in

14 Countries Around

the World

1Saudi Arabia

39UnitedStates

5Canada

2Japan

1China

Michael Anderson, AmeriTAC Chair

Syncrude Canada Ltd.Area Leader — Reliability & Performance Improvement

Michael Blakely, AmeriTAC Vice Chair

NobelClad Global Director of Business Development

Roxanna AlvarezLloyds Register Energy Americas, Inc.Metallurgical Consultant

Poul-Erik Arnvig Outokumpu, Inc. Vice President Global Market Development

David Barber The Dow Chemical Company Materials Engineering Discipline Technology Leader

Jim Baumann RathGibson Director CPI Sales

Tzu-Ping Cheng ITRI Research Supervisor, Department of Advanced Electrochemistry and Corrosion Prevention Research

Gary Coates Nickel Institute Consultant to the Nickel Institute

Marc CookDow Corning CorporationReliability Engineer

Vinay Deodeshmukh Haynes International Inc. Senior Staff Engineer

George DonaldNOVA Chemicals CorporationMechanical Engineer, Regional Metallurgy

Scott Dufault LyondellBasell Principal Materials Engineer

Richard Duncan Rolled Alloys Technical & Project Sales

Francois Dupoiron TOTAL SA Materials and Corrosion Expert

Robert Freed DuPont Company Principal Materials Consultant

Sivuyile Funani SABIC Senior Engineer

Jader Furtado Air Liquide Air Liquide R&D International Expert — Physical Metallurgy

Otis Galloway P.A. Inc. President

Kevin Ganschow Chevron Corporation Materials Engineer

Bob Gill Ellett Industries Ltd. Vice President — Sales

J. Michael Griffin Victaulic Director — Tools and Materials Technology

John Grubb ATI Manager Product Technology — Development

Dale Heffner Electro Chemical Engineering and Manufacturing Co. Vice President

Mark Hilton Ascend Performance Materials LLC Engineering Fellow Materials Corrosion

Curtis Huddle Eastman Chemical Company Materials Engineer; WWE&C

Don Hurst Sonomatic Limited Business Development Manager

Dietlinde JakobiSchmidt+Clemens GmbH+Co KG General Manager — Research & Development Services Centrifugal Casting Division

Terry JarrettKoch Industries, Inc. Global Reliability Director

Cody Kell 3M Materials Engineering Specialist

Srini KesavanFMC CorporationPrincipal Engineer — Materials

Yong-Joo Kim Webco Industries, Inc. Vice President Technical Services

Ken Kirkham The Equity Engineering Group, Inc. Principal Engineer

Rocky Kuykendall Titanium Fabrication Corp. Vice President of Engineering

Denny Lee (Li Zhengzhou)Jiuli Hi-Tech Metals Deputy General Manager

Minfa Lin Air Products and Chemicals, Inc. Lead Materials Engineer

Brian Linnemann RL Industries VP Operations

Hiroyasu Matsuda Mitsui Chemicals, Inc. Director, Safety & Environment Division

Ben McCurry BASF Corporation Materials & Inspection Engineer

Ioannis MelasHellenic Petroleum S.A.Inspection Department Manager

Lou MillerHoneywellFixed Equipment Engineer

Lance Mock Caldera EngineeringBusiness Support Supervisor

David Moore BP Discipline Leader — Materials & Corrosion

Masao NakaharaAsahi Kasei Corporation Production Technology & Maintenance Management Department

Ed Naylor AkzoNobel Senior Materials Engineering Associate

Gregory O’Brien SIMONA America Inc. Product Manager CPI

Maria Jose Landeira Oestergaard Haldor Topsoe A/S Principal Engineer Senior Materials Specialist

Jorge Perdomo ExxonMobil Research and Engineering Company Welding and Metallurgy Specialist

Jacob Rodriguez Corrosion Materials Technical Sales Engineer, Metallurgist

Bernard Schulze Stress Engineering Services Staff Consultant

Tony Scribner Becht Engineering Co., Inc. Senior Adviser II

Marcelo Senatore Sandvik Materials Technology Technical Marketing Manager

Steven Springer Chemours Senior Consultant — Materials Engineering

Antonin Steckmeyer Manoir Industries R&D Engineer

Hardin Wells Albemarle Corporation Distinguished Advisor — Mechanical Tech Service

James White Praxair, Inc. Associate Director

Dana Williams Marathon Petroleum Company LP Principle Engineer — Materials & Corrosion Specialist

Stuart Wilson ConocoPhillips, Inc. Staff Engineer — Materials

Kelly Wyrough Roben Manufacturing Co., Inc. Director of Technical Service

Daniel Yiptong Polycorp, Ltd. Technical Manager

Charles Young Tricor Industrial Inc. Business Development Manager

Nina Young Huntsman Petrochemical Regional Materials Engineering SME

Nicholas Zentil TITAN Metal Fabricators VP of Sales & Marketing

14PAGE 15PAGE

AmeriTAC

87

3

86

10

79

2

TotalAttendanceatAmeriTAC119February2016|Tampa,FL

TACMeetingTrainingSessions•Castings101

•Welding&WeldabilityofStainlessSteel

TotalAttendanceatAmeriTAC120June2016|Knoxville,TN

SpecialTrainings/Seminars/Meetings:•ManagingAgingPlants—Houston

•In-ServiceFRPInspectionTraining(2sessions)

TotalAttendanceatAmeriTAC121October2016|Atlanta,GA

TechnicalPresentations/Panels/StructuredForums

AmeriTACisheldthreetimesayear(February,JuneandOctober)inlocationsacrossNorthAmerica.In2016,theAmeriTACChairandViceChairworkedtoprovidememberswithabroadrangeoftrainingsessions,technicalpresentations,panelsandstructuredforums.TACrepresentativesfromeachmembercompanyalsohadtheopportunitytoattendandvotetorecommendprojectsforfundingapprovalbytheBoardofDirectors.CollaborationandinformationatthesethreemeetingsisvitalinMTI’sprocesstocontinueprovidingTRUSTEDsolutionsforitsmembers!

Henry Ye, AsiaTAC Chair

DuPont Company Materials Engineering Consultant

Tzu-Ping Cheng, AsiaTAC Co-Vice Chair

ITRI Research Supervisor, Department of Adanced Electrochemistry and Corrosion Prevention Research

Guangbin Rao, AsiaTAC Co-Vice Chair

BASF Corporation Materials Engineer

Roxanna Alvarez Lloyds Register Energy Americas, Inc. Metallurgical Consultant

Michael Anderson Syncrude Canada Ltd. Area Leader — Reliability & Performance Improvement


Eileen Chant Becht Engineering Co., Inc. Manager of Technology Development & Support

Dior Chen Haynes International Inc. Sales Engineer

Ser-Hor ChongExxonMobil Research and Engineering Company Materials Engineer

George Donald NOVA Chemicals Corporation Mechanical Engineer, Regional Metallurgy

Scott Dufault LyondellBasell Principal Materials Engineer

Richard DuncanRolled AlloysTechnical and Project Sales


Sivuyile Funani SABIC Lead Engineer




Dragon HaoSandvik Materials Technology Technical Marketing



John Huang ATI Sales Manager

Dietlinde Jakobi, Dr. Schmidt+Clemens GmbH+Co KG General Manager — Research & Development Services Centrifugal Casting Division

Terry Jarrett Koch Industries, Inc. Global Reliability Director

Srini Kesavan FMC Corporation Principal Engineer — Materials

Yong-Joo Kim Webco Industries, Inc. Vice President Technical Services


Zhang Licheng Nickel Institute Managing Director China



Ioannis Melas Hellenic Petroleum S.A. Inspection Department Manager

Lou Miller Honeywell Fixed Equipment Engineer

Lance Mock Caldera Engineering Business Support Supervisor

Masao Nakahara Asahi Kasei Corporation Production Technology & Maintenance Management Department


Shuo Peng Victaulic Manager, Asia R&D Center

Chen Ren Air Liquide R&D International Expert — Physical Metallurgy

Derrick Rogers Stress Engineering Services Staff Consultant

Robert Sinko Eastman Chemical Company Associate Materials Engineer

Steven Sparkowich NobelClad Business Development Manager

Steven SpringerChemours Senior Consultant — Materials Engineering


Michael Steinberg TITAN Metal Fabricators General Manager, TITAN Metal Fabricators Wuxi

Chang-Ching Sun Outokumpu, Inc. Market Development Director / BA Stainless Asia Pacific Area

Yunxiang (Winnie) Wang BP Metallurgy Specialist





Kelly WyroughRoben Manufacturing Co., Inc.Director of Technical Service

Ryan Yang Air Products and Chemicals, Inc. Materials Engineer, Asia

Daniel Yiptong Polycorp, Ltd. Technical Manager

Charles YoungTricor Industrial Inc. Business Development Manager

Wei Zhang AkzoNobel Leader of Quality Inspection

Ling Zhou The Dow Chemical Company Engineering Specialist

16PAGE 17PAGE

AsiaTACAsiaTACistypicallyheldtwiceayear,inthefallandspring,inlocationsthroughoutAsia.DuringtheregularlyscheduledAsiaTACmeetings,projectdevelopmentfocusesinthefollowingareas:Metallurgy,MechanicalProperties,Fracture,Fatigue,Wear,Fretting,MechanicalFailures,andFailureAnalysis;CorrosionandPreventionTechnology,CorrosionResistantMetals;andPolymerMaterialsandtheirApplicationsintheChemicalandPetrochemicalIndustry.

In2016,thegroupheldonlyoneregularsessioninthefall.However,inlieuofthespringmeeting,AsiaTACcollaboratedwithKCItoproducetheManagingAgingPlants(MAP)ConferenceinTokyo,JapanwheretheAsiaTACChair,ViceChairsandprojectteamtooktheleadindevelopingtechnicalcontentfortheprogram.Theseopportunities,mostofwhicharemember-driven,addtothelonglistofTRUSTEDsolutionsMTIcanoffer!

1

63

26TechnicalPresentations/Panels/

StructuredForumsSpecialTrainings/Seminars/Meetings:•ManagingAgingPlants—Japan

TotalAttendanceatAsiaTACSeptember2016|Shanghai,China

TACMeetingTrainingSessions•CladMaterials•Elastomers

Dietlinde Jakobi, EuroTAC Chair

Schmidt+Clemens GmbH+Co KG General Manager — Research & Development Services Centrifugal Casting Division

Natalie Gelder, EuroTAC Vice Chair

BASF Corporation Materials Engineer Technical Inspection & Materials Engineering & Maintenance

Roxanna Alvarez Lloyds Register Energy Americas, Inc. Metallurgical Consultant

Michael Anderson Syncrude Canada Ltd. Area Leader — Reliability & Performance Improvement

Poul-Erik Arnvig Outokumpu, Inc. Vice President Global Market Development

Marco Balke ATI Leader Quality Assurance + EHS


Bill Bieber Webco Industries, Inc. Director Business Development

Paul Bosanko Haynes International Inc. CPI Market Manager Europe

Eileen Chant Becht Engineering Co., Inc. Manager of Technology Development & Support

Tzu-Ping Cheng ITRI Research Supervisor, Department of Adanced Electrochemistry and Corrosion Prevention Research

Daniel Christian Victaulic Director — Power Market Sales Europe — Middle East — India

Marc CookDow Corning CorporationReliability Engineer

Evelyn Dayss The Dow Chemical Company Materials Engineer

George Donald NOVA Chemicals Corporation Mechanical Engineer, Regional Metallurgy

Richard DuncanRolled AlloysTechnical and Project Sales


Sivuyile Funani SABIC Senior Engineer, Metallurgy




Christoph Hantsch LyondellBasell Mechanical Engineer/EWE



John Houben ExxonMobil Research and Engineering Company Lead Materials Specialist

Terry Jarrett Koch Industries, Inc. Global Reliability Director

Srini Kesavan FMC Corporation Principal Engineer — Materials


Minfa Lin Air Products and Chemicals, Inc. Lead Materials Engineer



Lance Mock Caldera Engineering Business Support Supervisor

Masao Nakahara Asahi Kasei Corporation Production Technology & Maintenance Management Department


Charisios Papakostas Hellenic Petroleum S.A. Inspection Department Manager

Stephane Pauly NobelClad Sales Director

Derrick Rogers Stress Engineering Services Staff Consultant

Lars Rose DuPont Company Materials Program Manager

Lou Miller Honeywell Fixed Equipment Engineer

James (Jim) Shipley Sandvik Materials Technology Global Technical Marketing Manager

Robert Sinko Eastman Chemical Company Associate Materials Engineer

Steven Springer Chemours Senior Consultant — Materials Engineering


Frederic Tabaud BP Principal Engineer Materials and Corrosion

Jan Van de Wetering AkzoNobel Expertise Head — Corrosion Engineering

Joerg WagnerTITAN Metals FabricatorsEuropean Sales Manager

Sophie Wastiaux Air Liquide Pipeline Expert





Kelly WyroughRoben Manufacturing Co., Inc.Director of Technical Service

Charles Young Tricor Industrial Inc. Business Development Manager

18PAGE 19PAGE

EuroTACEuroTACisheldtwiceayear,inthefallandspring,inlocationsthroughoutEurope.In2016,theEuroTACChairandViceChairarrangedaspecialroundtabletobeheldinconjunctionwiththespringsessionandofferedavarietyoftechnicalpresentationsandforums.Atthefallmeeting,atourwasorganizedtoviewSandvik’sfacilities.Themeetingalsoincludedseveraltechnicalpresentationsoverthecourseofthethree-daysession.EightprojectideasweresuggestedasaresultofbothmeetingsandarebeingfurtherdiscussedandresearchedforfutureEuroTACmeetings.TACrepresentativeshopetheseideaswillevolveintoprojectstobenefitmembers’GlobalChallengesbyprovidingTRUSTEDSolutions!

1

37

945TotalAttendanceatEuroTAC

November2016|Sandviken,SwedenSpecialTrainings/

Seminars/Meetings:•HTHARoundtable

TotalAttendanceatEuroTACApril2016|Paris,France

TechnicalPresentations/Panels/StructuredForums

FundedProjectTeams

33PotentialProject

Teams

21ProjectIdeas

15

FUNDED PROJECTS

1) Web-based Search Engine for MTI Publications (eLibrary & TAC Forum Upgrade)Project Champion: Eileen Chant, Becht Engineering (Funded & Completed 2016)

Theobjectiveofthisprojectwastodevelopastate-of-the-art,comprehensive,accessibleanduserfriendlyelectroniclibrary,whichmeetsthedefinedfunctionalrequirementsforsearchingandretrievinginformationfromMTI’sknowledgebase.TheTACForumupgradewasrequiredinordertointe-gratethesinglesign-onfeatureofthememberwebsite.

KeybenefitsofthislatestMTIsolutionincludeperformingadvancedsearchesandthe“browseby”tabs(title,category,contenttype,authorandTACmeetings),whichoffertheoptiontobrowsealphabetically.Additionally,memberscansavesearchestoadesignated“MySavedSearches”page,printordownloaddocuments,presentationsandpublica-tions,andmarkitemsofinterestthatarethensavedina“MyFavoriteDocuments”area. Books . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .46 MS-SeriesBooks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Reports . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .21 Presentations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 280 TACAwarenessBulletinsin3Languages . . . . . . . . . . . . . . .64 English. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33 Chinese . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .27 Spanish. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 TACForumTopics(Archived&Current) . . . . . . . . . . . . . 4,157

2) Polymer Cap Strip WeldingProject Champion: Marc Cook, The Dow Chemical Company

Thegoalofthisprojectistodeterminewhethertheaddedbenefitsoutweightherisksintheuseofcapstripswhenusedfortwomaterials,ECTFEandETFE.Fundingwasapprovedin2016andcontractedwithAssociatePolymerLabstoperformthetesting.

20PAGE 21PAGE

Ceramics•Integrity&ConditionAssessment•KnowledgeManagementMetals•PredictionofMaterialsDegradation•Polymers

Newin2016:AsiaTACPDC•EuroTACPDC

3) Best Practices for Reactive MetalsProject co-Champions: Steve Sparkowich, NobelClad and Hardin Wells, Albemarle

Thisprojectseekstodevelopacompilationofindustrybestpracticesformaterialsselection,designandconstruc-tionofreactive(titaniumandzirconium)andrefractory(tantalumandniobium)metalsforequipmentandpipingintheChemicalProcessIndustries.

4) Corrosion Data of the Most Commonly Used Corrosion Resistant Nickel AlloysProject Champion: Henry Ye, DuPont

Corrosion-resistantnickelalloysarefindingmoreandmoreapplicationsinvariousindustries,particularlychemicalandpetrochemicalindustries.MTIcancontinuetoplayimportantrolesinpromotingthesafeandmoreefficientglobalapplicationsofnickelalloys.

Currentlyeachmajorsupplierpublishescorrosiondatafortheirownnickelalloyproducts.Tothebestofourknowledge,thereisnojointefforttodevelopandpublishthecorrosiondataofnickelalloysfromvarioussuppliers.MTIcantakealeadingroletomakeithappen.

ThepurposeofthisprojectistodevelopcorrosiondataforselectedcommonnickelalloysthatthenmaybeusedbyMTImembers.Currentlyfivetypesofnickelalloysareselect-edbytheprojectteambasedontheirpopularities,includingUNSN06022,N06600,N06625,N08825A,andN10276.

5) eLearning Course In-Service FRP InspectionProject co-Champions: Hardin Wells, Albemarle and Ed Naylor, AkzoNobel

ThisprojectistodevelopaneLearningelectroniccourseavailableontheinternetforFRPinspectionofin-serviceequipment.ThecourseanditscontentwillbeownedbyMTI,andisexpectedtobelaunchedbyJuly2018.

TotalNewProjectFunding

Approvedin2016

Web-basedSearchEngineforMTIPublications—$61,200

PolymerCapStripWelding—$44,025

BestPracticesforReactiveMetals—$210,000

CorrosionDataoftheMostCommonlyUsedCorrosionResistantNiAlloys—$51,000

eLearningFRPIn-ServiceInspection—$145,900

5 PROJECTS FUNDED IN 2016

15 PROJECTS COMPLETED IN 2016

$512,125

52FundedProjectTeamMembers*

570PotentialProjectTeamMembers*

199ProjectIdea

TeamMembers*

119PDC

TeamMembers*

272

ProjectDevelopmentCommittees(PDCs)

8EvaluationofTantalumWelds

WeldingDuplexAlloys

Design,Installation,Maintenance,andInspectionofPlasticLinedPipe

UpdatingofMS-3HCIandChlorine

EvaluateeLearningPotentialforMTI

WeldingSeamCorrosionResistanceEvaluation

ImprovedRiskModelingforCUI

AdvancedInspectionTechnologyinPCEinService

PermeationThroughPolymersUserTrainingandSoftwareProgramDevelopment

CountryofOriginforTubes

CladMaterialTrainingClass

ManagingAgingPlantsinJapan

PredictionandDetectionofHydrideFormationinTitanium

DuplexStainlessSteelTrainingSeminaratAsiaTAC

Web-basedSearchEngineforMTIPublications

*Members counted per each project team signed up to participate in.

77 PROJECT TEAMS

PROJECT CHAMPIONS

Projects

22PAGE 23PAGE

Projects

7) Clad Materials Training ClassProject co-Champions: T.P. Cheng, ITRI and Dior Chen, Haynes International

CladmaterialsarerelativelynewintheAsiaPacificregion;however,theirperformance/costadvantageshavereceivedwiderecognitionrecently.Thisprojectcreatedaseminartogiveanoverallintroductionofthedifferentfamiliesofcladmaterials(includingperformanceadvantages,costanalysis,selection,specifications,industrystandardsanddesign)andhowtheyachievetheirexcellentcorrosionandstrengthproperties,andwhatisnecessarytomaintainthemduringfabrication.Theseproblem-solvingpropertiesarehighlyattractiveforamultitudeofapplicationsinmanyindustries,andespeciallytheChemicalIndustry.Bothnewandexperiencedspecifiersandusersofcladmaterialswillfindpracticalinformationinthisseminar.Final Project: One-day training course on the subject on September 26, 2016 in conjunction with the annual fall meeting (September 27-28, 2016) in Shanghai, China.

8) Managing Aging Plants in JapanProject Champion: Masao Nakahara, Asahi Kasei Corporation

MTIandKCIWorldjointlyplannedtheJapan“ManagingAgingPlantsConferenceandExpo”.KCIwasresponsiblefororganizing/promotingtheeventwhileMTIsupportedthetechnicalaspectsofthesymposium.TheAsiaTACprojectteamtooktheleadinproposingtechnicalcontentsoftheprogram,invitingspeakers,givingapprovalforthecontenttobepresentedattheconferenceandservedasmoderatorforoneortwoworkshops.Final Product: Managing Aging Plants Conference and Expo held in Tokyo, Japan, May 31 – June 1, 2016.

COMPLETED PROJECTS WITH FINAL PRODUCTS

1) Evaluation of Tantalum WeldsProject Champion: Marc Cook, The Dow Chemical Company

ThisprojectdevelopedaprocedurefortheRadiographicTesting(RT)ofbuttweldsonthinTantalumsheet,withrecommendedacceptancecriteriaforuseinevaluationoftheradiographicimages.ResultsofmetallographicworktoverifythediscontinuitiesfoundthroughRTarealsoincluded.Final Product: MTI Publication — Evaluation of Tantalum Welds

2) Welding Duplex AlloysProject Champion: David Moore, BP

Thisprojectwasinitiatedfollowingreportsofin-servicecrackingfailuresofREACsfabricatedfrom2205duplexstainlesssteel.Followingreportsofthesefailures,MTImembersinitiatedthisprojecttocreateabestpracticesguideforthickplateduplexstainlesssteeldesign,welding,repairandinspection.Final Product: MTI Publication — Fabrication of 2205 Duplex Stainless Steel REACs in Refinery Hydroprocessing Units

3) Design, Installation, Maintenance and Inspection of Plastic Lined Metallic PipeProject Champion: Dale Keeler, The Dow Chemical Company

Theintentofthisprojectwastoprovideacomprehensiveoverviewofthetechnicalissuesandhistoricaldevelopmentsrelatingtoplastic-linedpiping,whichwillhaveapositiveeffectonimprovingthesafetyandeconomyoftheendusers.Final Product: MTI Publication — Design, Installation, Maintenance and Inspection of Metallic Plastic-Lined Pipe

4) Updating of MS-3 HCl and ChlorineProject co-Champions: Robert Sinko, Eastman Chemical Company and Hira Ahluwalia, Nickel Institute

ThisprojectwasdesignedtoupdateandsupplementMS-3,whichwaspublishedin1999andcontainsinformationas-sembledseveralyearsbeforethat.Thereisadditionalinformationnowavailableandthedataonrelatedenvironmentssuchaschlorinedioxideandorganicchloridesthatwasincluded.Final Product: MTI Publication — MS-3 Materials Selector for Hazardous Chemicals: Hydrochloric Acid, Hydrogen Chloride, Chlorine and Chlorine Dioxide (2nd Edition)

5) Evaluate eLearning Potential for MTIProject Champion: Michael Blakely, NobelClad

ThisprojectdevelopedabusinesscaseforeLearningatMTI.Thiscomparestoface-to-facetrainingandeLearningforcosteffectiveness.TheintentwastoprovideoptionsbasedondifferentpotentialeLearningprovidersthatMTIcouldworkwith.Final Product: Sample Online Training Posted on the MTI Website — Hand Lay-Up Fiberglass Reinforced Plastic Laminate (FRP)

6) MTI Defining and Explaining Country of OriginProject co-Champions: Jim Shipley, Sandvik and Bill Bieber, Webco Industries

CountryofOriginofgoodsandmaterialsusedintheCPIisaconcerntoproducercompanies.Thisprojectconsistsoftwophases.Phaseonedescribesthelegal/customsdefini-tionofCountryofOrigin,CountryofManufacture;CountryofMeltandSubstantialTransformationaswellasothertermsused.Phasetwoaddressescommercialconsiderationsandprovidesmembercountriessuggestedguidelinestousetoensuretheyreceivegoodsandmaterialsthatmeettheirrequirements.Final Product: TAC Bulletin 30 — Sourcing Metal and Alloy Parts: What does “Country of Origin” mean and is it important?

9) Prediction and Detection of Hydride Formation in TitaniumProject Champion: Curtis Huddle, Eastman Chemical

HydrideformationinalphatitaniumandalphatitaniumalloysisanongoingproblemintheCPI.Thehydridesthatform,usuallyinacorrosiveenvironment,cancausetitaniumcomponentstofailinabrittlemanner.Forthisreason,therewasaneedtofindanon-destructivemethodtodetecthydridinginbothplateandtubularcomponentsandtherebypreventfailures.Final Product: MTI Final Report — Prediction and Detection of Hydride Formation in Titanium Using Eddy Current Testing (available on the MTI member website)

10) Duplex Stainless Steel Training Seminar at AsiaTACProject Champion: Poul-Erik Arnvig, Outokumpu

Thisone-dayseminarisanupdatedversionofasuccessfulseminarheldatAmeriTAC112intheU.S.inOctober2013.TomakeitespeciallyrelevantfortheAsiaTACmember-ship,thecontenthasbeenupdatedandadaptedwithlocalcontent,combiningsomeoftheoriginalseminarlecturerswithanumberofChineseexperts.Thepurposeandcontentoftheseminaristogiveanoverviewoftopicsrelatedtoselection,specification,design,andfabricationandweldingofduplexstainlesssteels.Theseminargivesanoverallintroductionofthedifferentfamiliesofduplexstainlesssteelsandhowtheyachievetheirexcellentcorrosionandstrengthpropertiesandwhatisnecessarytomaintainthemduringfabrication.Theseproblem-solvingpropertiesarehighlyattractiveforamultitudeofapplicationsinmanyindustries,andespeciallytheChemicalIndustry.Newaswellasexperiencedspecifiersandusersofduplexstainlesssteelwillfindpracticalinformationinthisseminar.Final Product: Duplex Stainless Steel Training Seminar at AsiaTAC meeting in December 2015

Totalrevenueandsupport $ 2,109,961Expenses Totalprogramservices 1,847,110 Totalsupportingservices 324,944 TotalExpenses 2,172,054Changeinnetassets 62,093Netassets,beginningoftheyear 1,281,687Netassets,endoftheyear $ 1,219,594

STATEMENTS OF FINANCIAL POSITIONAs of December 31, 2016

24PAGE 25PAGE

Financial Statements — December 31, 2016

NOTE ON OUR FINANCIAL STATEMENTS AND FISCAL YEAR:Formanyyears,MTIhadaJune30FiscalYear.In2015,inathree-yearprocess,wechangedourFiscalYeartotheCalendarYeartocoincidewiththeFiscalYearsofmostofourMembers,alignourDuescollectionswithouractualOperations,andimproveandsimplifyourBudgeting.Asaresult,lastyear’sAnnualReporthadFinancialStatementsasofDecember31,2015,butIncomeStatementsonlyforthe6monthsendedonthatdate.ThiscurrentAnnualReportfinallycompletesthetransitionwithsummaryfinancialinformationdrawnfromourfull-year2016auditedFinancialStatements.AcopyofourfullauditedFinancialStatementsisavailableonrequest.

AllisfinanciallywellwithMTIattheendof2016.ThisreportdemonstratesthewiseinvestmentsandcommitmentbytheMTIleadership,membersandvolunteerswhohaveguidedandcontributedtoMTI’sfinanciallysoundposition.WiththemanyGlobalChallengesourmembersface,MTIispreparedtocontinueofferingTRUSTEDSolutionsonourmissionwithcontinuedjudiciousoversight.ThefinancialgraphslistedinthisannualreportdemonstratetheStatementofFinancialPosition,ourStatementofActivities,andtheStatementofCashFlow.AmoredetailedreportoftheFiscalYear2016auditisavailableuponrequest.AsMTIcelebrates40yearsin2017,MTIthanksallofthemembers,leadersandstaffwhohavehelpedMTIgrowandmaintainitsfinancialstability.MTIisfirmlypositionedforthenext40years,financiallyandstrategically.

Schedule of Annual Membership Dues for 2018

Annual Sales Year 2018(US$ Billions) Dues – US$<0.2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 13,2100.2–0.4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 18,2300.4–0.8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 23,0700.8–1.5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 27,9551.5–3.0. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 33,1153.0–6.0. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 38,1106.0–12.0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 42,85012–25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 47,89525–50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 52,89050–100 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 57,785100–200. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 62,830200–400. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 67,875400–800. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 75,615800–1,500 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 77,765

Basis for Assessing Company’s Membership DuesDuesformembershiparedeterminedfromtheduesschedulepublishedintheAnnualReport.Duesarebasedonthetotalsalesofalldivisionsofthemembercompanyforthemostrecentlyauditedfiscalyearatthetimeofinvoicing.Fororganizationsthatdonotpublishauditedsalesfigures,suchasprivatelyheldcorporationsandstate-owned-enterprises,thetotalsalesmustbecertifiedbyanofficer.Membershipduesforassociationsandotherorganizations,whichdonothaverevenuefromsales,willbeconsideredbytheBoardofDirectorsonacase-by-casebasis.TheBoardofDirectorsmaymakeexceptionstothispolicybasedonthediscretionoftheboard.

STATEMENT OF CASH FLOWS For the Year Ended December 31, 2016

Cashflowsfromoperatingactivities: Changeinnetassets $ 62,093 Adjustmentstoreconcilechangeinnetassets tonetcashusedinoperatingactivities: Depreciation 3,469 Investmentloss,netoffees 3,639 Changesinoperatingassetsandliabilities: Decreaseinassets: Accruedinterestreceivable 2,275 Accruedwages 4,049 Increase(decrease)inliabilities: Accountspayable 17,841 Accruedwages 15,161 Accruedpaidtimeoff 443 Otheraccruedexpenses 1,937 Deferreddues 223,770 Netcashusedinoperatingactivities 306,927

Cashflowsfrominvestingactivities: Proceedsfromredemptionofcertificatesofdeposit 75,188 Purchaseofcertificatesofdeposit 550,000 Netcashprovidedbyinvestingactivities 201,888

Netdecreaseincashandcashequivalents 105,039

Cashandcashequivalents,beginningoftheyear 309,645

Cashandcashequivalents,endoftheyear $ 204,606

()

()()

()()()

()

()

()

STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETSFor the Year Ended December 31, 2016

ASSETS

LIABILITIES AND NET ASSETS

n Cash and cash equivalents $204,606

n Certificates of deposit $1,369,782

n Accrued interest receivable $6,963

n Prepaid expenses and deposits $9,093

n Property and equipment, net of accumulated depreciation $3,025

Total Assets $1,593,469

n Accounts payable $65,918n Accrued paid time

off $16,691n Other accrued

expenses $1,341n Deferred dues $289,925n Net assets: Unrestricted

$1,219,594Total Assets $1,593,469

REVENUE AND SUPPORT

EXPENSES — PROGRAM SERVICES

EXPENSES — SUPPORTING SERVICES

n Membership dues $1,984,501

n Meeting fees $100,138n Interest $23,457n Product sales $5,046n Investment loss, net of fees

($3,639)n Other Income $458

n Wages and benefits $1,133,916

n Projects $470,046n AmeriTAC meeting

$184,718n Asia TAC meeting $31,982n EuroTAC meeting $26,448

n General and administrative $228,504

n Marketing $60,742n Website $20,709n Communications $14,989

Materials Technology Institute, Inc .1001CraigRoad,Suite490•CreveCoeur,MO 63146U.S.A.

Tel:314.576.7712•Fax:314.576.6078Email:mtiadmin@mti–global.org•HomePage:http://www.mti–global.org

About Materials Technology InstituteThe Materials Technology Institute, founded in 1977, is a unique, not–for–profit technology development organization representing private industry. It sponsors projects focused on both developing new technology and transferring existing knowledge to day–to–day practice. Practical, generic, nonproprietary studies are conducted on the selection, design, fabrication, testing, inspection, and performance of materials of construction used in the process industries. The scope of work includes evaluation of metallic, and non–metallic materials, optimum design applications, fitness–for–service, mechanical integrity and life cycle determinations, and economic factors affecting performance of vessels, tanks, piping and other components.

Through membership and networking within MTI, companies can access solutions to nonproprietary problems of major concern to the process industries. Members can capitalize on the extensive expertise of member company representatives, leverage their technology investment by participating in the direction and results of MTI projects, and utilize MTI’s books, reports, software and video training programs immediately as needed. Benefits to member companies are increased plant integrity, reliability and profitability.