Innophos Asphalt Partner

SHRIEVE ANNOUNCES ASPHALT MARKET PARTNERSHIP WITH INNOPHOS TO SUPPLY INNOVALT^® BRAND OF POLYPHOSPHORIC ACID

The Woodlands, TX, October 21, 2020 - Shrieve announces an exclusive partnership with Innophos Inc., a global manufacturer of specialty phosphates, to supply the US asphalt market with Innophos' INNOVALT^® brand of Polyphosphoric Acid (PPA), which enhances the performance of asphalt for more durable, longer-lasting pavement.

This partnership brings together Innophos's technology with Shrieve's service capabilities to address the needs of the industry. Innophos is known in the asphalt industry for its innovative INNOVALT^® product line and in-depth technical expertise. Shrieve's rapid growth has been driven by its first-in-class capabilities in logistics, warehousing, sales, and service.

"We are excited to partner with Shrieve as our exclusive distributor for the INNOVALT^® brand of Polyphosphoric Acid (PPA) in the US asphalt market," said Marco Coen, SVP Chief Commercial Officer of Innophos, Inc. "With our complementary skills, we look forward to providing asphalt contractors and terminals the highest quality products and service in the industry."

Randy Jones, Vice President of Shrieve Specialty Chemicals, adds, "We are pleased that Innophos has put its trust in Shrieve for the distribution of asphalt modifiers in the US. The INNOVALT^® product portfolio aligns perfectly with Shrieve's strategy to become the North American leader in specialty chemical solutions for asphalt terminals and contractors, and we are looking forward to growing with Innophos as they continue to develop innovations for this market."

ABOUT INNOPHOS

Innophos is a leading international producer of specialty phosphates and other essential ingredients. They partner with world-leading health & nutrition, food & beverage, and industrial brands to create science-based solutions that improve quality of life. Innophos' knowledgeable teams apply science to unlock the potential within the blends and formulations they deliver. Headquartered in Cranbury, New Jersey, Innophos has manufacturing operations across the United States, in Canada, Mexico, and China.

For more information, please visit www.innophos.com or contact Shrieve to enquire about PPA and other industrial & specialty chemical requirements across North America.