Circular economy innovation on neutralizing toxicity and reclaiming high value substances from the waste of the Olive Oil extraction process Markos

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1 Circular economy innovation on neutralizing toxicity and reclaiming high value substances from the waste of the Olive Oil extraction process Markos Ninolakis FEREKARPOS

2 This is a project that will, primarily, neutralize the environmentally toxic waste produced by the olive mills during the olive oil extraction process it will, secondarily, produce high value by-products that will ensure its sustainability due to their high international demand and trading price. The research and testing stages have been completed; scientific approvals and alliances have been obtained. The proprietary technology patents have been secured and the initial licensing is in progress. The project is now ready to seek financing. The FEREKARPOS project, at Apokoronas Crete, as leader for many more to come ( i.e. Meligalas Peloponnesus ), addresses the eminent concern of the olive producing Mediterranean countries and around the world, with a total and sustainable solution to the environmental contamination suffered by the resulting toxicity of the olive oil extraction process. It relates to the core of the agricultural sector and eliminates a serious cause of harm to our environment and a threat to the quality of life in the future

3 Envisioned and structured,within the circular economy concept, this project incorporates the principals of circular economy in a total processes management system not only by adding value and reusability to what would otherwise be considered waste, but also by recovering and reusing Carbon Dioxide, Hydrogen, Salts etc., from its own plant operation. Relevant practices are also adopted, like the choice of using CNG fuel in its transport fleet for the raw material to minimize the carbon dioxide emissions from estimated km PA freight transport of Olive pomace and waste by trucks compliant with the latest Euro 6 standards. The high recovery and high quality of Hydroxytyrosol and other high value Polyphenols, will allow FEREKARPOS to claim a major role in the global polyphenols market All Olive Oil, recovered and acquired, tons annually, representing 0.83% of global Olive Oil trade (I. O.C. ), will be enriched in our facilities with Hydroxytyrosol to comply with EU directive EFSA 432/2012, and will become a Health Claim product, with high added value

4 Transportation to and from plant, with CNG trucks to minimize Carbon dioxide emissions Other Agricultural waste tons Sourced Organic and extra virgin Olive Oil tons Olive Mills Waste Water m3 Ferekarpos integrated plant Sourced high acidity Olive Oil tons Olive pomace tons Tree cuttings and leaves tons The integrated plant will include certified independent facilities such as: -Olive Oil Recovery from the waste water and the pomace -Pharmaceutical quality polyphenols extraction and enrichment -Olive Oil Refinery -Olive Oil Enrichment with polyphenols and conversion to Health Claim Olive Oil -Bottling line -Cosmetics line -Composting facility -Certified chemical laboratory -Hydrogen and Carbon Dioxide recovery and separation unit -Renewable sources electricity generation via Hydrogen fuel cells, solar, etc - CNG Fuel, storage and distribution

5 Plant production Water for general use Passed via R.O m3 Brine for reuse Health Claim Olive Oils tons Pharmaceutical quality polyphenols tons Renewable energy production from Hydrogen 5.000MWh Ferekarpos intergraded plant Organic Compost tons CO2 collection and reuse Liquid and Solid food supplements Cosmetics Additives Ferekarpos plant achieves total circular economy

6 FEREKARPOS PROJECT Qualified and dedicated team, specialized in Olive mills waste problems High recovery of Olive Oil and high added value substances from waste Serious member in the global Health claim Olive Oil market Serious member in the global polyphenols market Innovative and multi Patented technology Guaranteed raw materials 100% circular economy 230 new direct jobs High profitability Average annualized I.R.R. 10 years, ~ 30% Total investment Euro

7 Thank you for your attention At your disposal for questions FEREKARPOS U.G Markos Ninolakis Tel: