SMC SUBSIDIARY OPENS IN SWITZERLAND …

New York, NY, July 28, 2011—Special Materials Company (SMC) announces the opening of a European subsidiary in Switzerland, and appoints Christoph Mielke to the post of Global Managing Director of Phosphorous Derivatives.

Mielke’s background includes over 15 years of sales and marketing functions at the CECA/Arkema Group prior to becoming the Managing Director of the new SMC Swiss office.

With this European entity; SMC is committed to expand its business activities in Europe and Asia. The office, based in Canton of Valais, will have a local commercial and logistics team providing an improved level of service and strengthening SMC’s position in these regions.

According to Adam Feldman, SMC’s CEO, “The Swiss office is part of SMC’s strategic objective to expand and strengthen its global presence.”