Transforming plastic waste into valuable low-carbon fuel

Transcription

1 Transforming plastic waste into valuable low-carbon fuel

2 I N T R O Why are the top green organizations......standing at our side along with the worlds largest oil trader? 08 August

3 C R E A T E E F F I C I E N T P L A S T I C R E C Y C L I N G Pioneering the plastic recycling / reutilisation industry giving plastic waste a second life Capturing local plastic waste as a resource through small plants with proven technology producing high-quality, synthetic diesel. Low-carbon fuel Re-use plastic waste % GHG emission in fuel production. Reduce local emissions in fuel consumption (Nox, Sox, particles). 08 August

4 F E E D - S T O C K : P L A S T I C W A S T E Plastic waste a global environmental problem also representing an unlimited source of feed-stock for fuel production Plastic production (million tonnes) Relevant plastic waste feed-stock (million tonnes) ~200 ~700 Share of oil for plastic production 6% 20% Plastic to fish ratio in the ocean 1:5 1:1 Source: PlasticsEurope 08 August

5 S E C U R I N G F E E D S T O C K Plastic waste a major problem with limited use and cost to waste mgmt first-mover advantage to secure long-term supply Ideal plant location key- side for transportation of fuel Every metropolitan area with > inhabitants with sufficient feedstock for a 60 tonnes plant 08 August

6 I N T R O After 10 years of development with industry experts and NOK 100 mill invested, we present some pretty amazing facts: We transform plastic waste into valuable, lowcarbon fuel with ~75 % efficiency We quickly deploy small, efficient plants, transforming local waste, creating jobs and reducing pollution We are planning to scale fast, to ensure having a global impact 08 August

7 D E V E L O P M E N T P R O C E S S Ready for roll-out after a ten year development process R&D, testing and verification 300 catalysts tested Biomass, natural gas and plastic From labscale to demo Full-scale plant and Detailed engineering Proof-of-concept in industrial scale Supplier selection DD and Vitol sign off Construction and Production start Modular production unit Supply- and offtake Planning for capacity roll-out 30-ton modular roll-out Logistic and construction management 3 plants in production Large plant in ARA August

8 T E C H N O L O G I C A L F O U N D A T I O N Quantafuel transforms waste to fuel in a unique catalytic PtL process Plastics Pyrolysis oil (in Fuel Fuel PE gaseus state) Hydrocarbons Hydrocarbons Reactors Alkanes 40% Quantafuel Catalyst System (QCS 9.0) Alkanes > 90% Distillation Gasoline 15% (C 6 H 14 C 10 H 22 ) Aromatics 30% Diesel 70% (C 10 H 22 C 22 H 44 ) PP Heating Oil 5% Olefins 30% (C 23 H 48 C 28 H 58 ) + ~10 % natural gas used for heating of plant (plant self-sufficient with energy providing ~1,5 MW in surplus heating) 08 August

9 U N I Q U E C A T A L Y S T S O L U T I O N A N D P L A N T D E S I G N Quantafuel with unique and proprietary catalyst and enabling small, efficient plant design constructed with tried and tested components Plastic Feeding Plastic gasification through pyrolysis Catalyzt Distillation Storage and offloading 08 August

10 F I R S T P L A N T U N D E R C O N S T R U C T I O N First commercial plant, a 60 tonnes per day plant in Skive, Denmark is under construction with first-oil expected end of Q August

11 NORMAL QUANTAFUEL P R O D U C T : C O M M O D I T I S E D M A R K E T Quantafuel produces fuel at a major cost and price advantage Feedstock cost: 0 USD/MT Low-carbon fuel price: ~0,92 USD/l Plastic waste PTL plant Bulk fuel trading (oil trader) Oil Platform Refinery Commodity price: ~0,48 USD/l Feedstock cost: Oil price 08 August

12 F U E L P R I C I N G Huge and growing market for low-carbon fuel at premium price in EU 340 million tonn fuel market slow, steady growth EU Parliament announcement: Waste-based fuels be included in targets of share of fuels >1,5 % in 2021 and >10 % in ) Transportation fuel consumption in the EU expected to remain stable. Less gasoline consumption more or less offset by increase in diesel and marine diesel 08 August

13 S T R A T E G I C P A R T N E R S H I P A G R E E M E N T S I G N E D Global off-take and partnership agreement with Vitol Strategic partnership agreement The world largest independent energy trader, 180 BUSD revenue 08 August

14 I N T E N T I O N T O B U I L D A L A R G E P L A N T I N A R A 50/50 JV to build a 300 ton per day plant in ARA The ATPC refinery in Atwerpen At Vitols refinery in Antwerpen: CAPEX; MUSD (300 ton) EBITDA 50 MUSD 80 million litres per year ton Co2 reduction = cars 08 August

15 Transforming plastic waste into valuable low-carbon fuel