Slide 1: Metals Segment – Bristol Metals; Specialty Chemicals Segment
METALS SEGMENT – BRISTOL METALS LARGEST DOMESTIC PRODUCER OF STAINLESS STEEL PIPE PROVIDER OF TOTAL PIPING SOLUTIONS FOR GLOBAL INFRASTRUCTURE SPECIALTY CHEMICALS SEGMENT TRANSITIONED FROM TEXTILE DYES INTO A HIGH QUALITY PROVIDER OF SPECIALTY CHEMICALS TO DOMESTIC AND OVERSEAS CUSTOMERS
Slide 2: Bristol Metals
BRISTOL METALS UNIQUE CHARACTERISTICS OF BRISTOL METALS: Largest domestic manufacturer of welded stainless steel pipe Producer of all size ranges from ½ inch to 120 inches in diameter, up to 16 inches utilizing continuous mills, in wall thicknesses of up to 1 ½ inch and in lengths up to 60 feet Prod
Slide 3: Sales of Commodity versus Non-Commodity
Slide 4: Metals Segment Sales and Operating Income
Metals Segment Sales (in 000's) $150,000 $125,000 -= $100,000 $75,000 550,000 — 2001 2002 2005 007 6 Mos 2007 6 Mos 2008 Metals Operating Income (in 000's) $17,500 $15,000 $12,500 - $10,000 $7,500 — — = — = $5,000 a Oi : sme OG i a ${2,500} 2001 2002 2003 2004 2005 2006 2007 6Mos 2007 6 Mos 2008
Slide 5: Commodity Pipe Operation
COMMODITY PIPE OPERATION CUSTOMER BASE Bristol Metals sells its commodity pipe primarily through distribution including all of the major PVF distributor houses: McJunkin Redman, Southwest Stainless (HD Supply), Ferguson Enterprises, Warren Alloys, Robert James Sales, Wilson Supply, Global Stainless
Slide 6: Surcharges by quarter
$3.50 $3.00 F $2.50 f Price Per LI $1.50 $1.00 F $0.50 $0.00 F Surcharges by quarter for 2004 2005 2006 2007 & 2008 B304L $52.00 6
Slide 7: Chinese Imports and Total US Market Demand
Chinese Imports @ Total US Market Demand (Pounds in Millions) m Chinese Market Share Six Months 251.2 250.8 ale Annualized po 219.2 218.0 219.9 216.8 2217 201.1 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 0.0% 0.3% 0.9% 3.5% 4.3% 10.8% 15.7% 21.3% 26.9% 13.6%
Slide 8: Non-Commodity Pipe Operations
NON-COMMODITY PIPE OPERATIONS BUSINESS DESCRIPTION Includes sales of large diameter (18 inch and larger) 304L and 316L pipe, sales of other alloy pipe, and fabrication of piping systems Piping Systems has transitioned from primarily the pulp and paper and chemical industries to a focus on infrastruc
Slide 9: Future Opportunities for Non-Commodity Pipe in Infrastructure Markets
FUTURE OPPORTUNITIES FOR NON-COMMODITY PIPE IN THE “INFRASTRUCTURE” MARKET AREAS LIQUID NATURAL GAS - 7 new US LNG Regas terminals proposed to FERC 12 new US LNG Regas terminals approved by FERC but not yet under construction 3 new Canadian Regas terminals approved but not yet under construction 1 n
Slide 10: Piping Systems backlog showing growth in infrastructure projects
Piping Systems backlog showing our growth in "infrastruture” projects $60,000 $50,000 $40,000 $10,000 2003 2004 2005 2006 2007 Beginning of Year Chemical Energy ™Pulp/Paper MWater BMisc ® Total
Slide 11: The Synalloy Chemicals Group
THE SYNALLOY CHEMICALS GROUP BUSINESS DESCRIPTION AND STRATEGIES The Synalloy Chemicals Group consists of 3 operations in 2 locations: Manufacturers’ Chemicals (MC) located in Cleveland, TN, and Blackman Uhler Chemicals (BU) and Organic Pigments (OP) located in Spartanburg, SC. The Group produces sp
Slide 12: Sales of Specialty Chemicals versus Textile Dyes
Sales of Specialty Chemicals verses Textile Dyes Textile Dyes @ Specialty Chemicals S's in 000's III Total Sales $47,843 $41,817 $55,549 $51,889 $50,829 $47,181 $43,761 $42,097 $50,134 $59,253 $46,941 $49,225 $52,066 $58,658 1995 1996 1997 1998 1999 2000 2002 2002 2003 2004 2005 2006 2007 2008 annua
Slide 13: Sales Targets and Markets
SALES TARGETS To End Users through Sales Force Reaction Intermediates to other Chemical Companies Contract or Toll Manufacturing for Large Producers & Marketing Based Companies MARKETS Paper & Pulp Water Treatment The markets in this group are also served by Bristol Metals Oil Refining Chemical Inte
Slide 14: Processes and Capacities
PROCESSES AND CAPACITIES Manufacturers Chemicals Blackman Uhler Organic Pigments Esterification Hydrogenation Aqueous Pigment Dispersion Amidation Epoxidation Aqueous Chemical Dispersion Condensation Methylation Dispersions in Oils Imidazolines Carboxylation Phosphation Nitration Sulfation Polymeriz
Slide 15: Specialty Chemicals Segment Sales and Operating Income
Specialty Chemicals Segment Sales (in 000's) 2601 6 Mos 2007 6 Mos 2008 Specialty Chemicals Operating Income (in 000's) 2001 2002 2003 2004 2005 2006 2007 6 Mos 2007 6 Mos 2008
Slide 16: Synalloy Corporation Consolidated Ownership
SYNALLOY CORPORATION CONSOLIDATED SYNALLOY OWNERSHIP As of June 30, 2008 Latest top 5 Institutional holdings from Nasdaq: Tontine Partners 528,931 8.5% of shares outstanding Royce & Associates LLC 327,700 5.2% of shares outstanding Fidelity Management & Research 268,500 4.3% of shares outstanding Di
Slide 17: Synalloy Consolidated Financials
$180,000 $170,000 $160,000 $150,000 $140,000 $130,000 $120,000 $110,000 $100,000 $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 s- Synalloy Consolidated (in 000's) 2003 2004 2005 2006 2007 6 Mos 2007 6 Mos 2008 Sales $80,408 $99,839 $131,408 $152,047 $178,285 $88,339 $103,89
Slide 18: Consolidated Shareholders' Equity and Long-Term Debt
Consolidated Shareholders’ Equity and Long-Term Debt (in 000's) WM Shareholders’ Eouity Long Term Debt Mi Total Assets
Slide 19: Safe Harbor Statement and Contact Information
For more information about Synalloy Corporation, please visit our web site at www.synalloy.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release includes and incorporates by reference "forward- looking statements" within the meaning of the securitie