OF THE. October 2009

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1 AN OVERVIEW OF THE THERMOSELECT TECHNOLOGY October 2009

2 IWT BUSINESS MODEL Licenses technology from Thermoselect SA (Swiss corporation) )for US, Mexico and the Caribbean Develop facilities incorporating the technology Use experienced partners to provide BOP design EPC Services Operation and Maintenance Services 1

3 THERMOSELECT TECHNOLOGY A non-incineration industrial chemical process using high htemperature t gasification Combines five proven technologies Waste compaction Pyrolysis Gasification Syngas cleaning Process water cleaning 2

4 THERMOSELECT TECHNOLOGY 43 patented processes - over 300 patent awards worldwide Produces energy rich synthesis gas used to Generate electricity Manufacture alternative fuel Recycles waste 100% into commercially useful products No ash is produced; no landfill is required Comprehensive solution - processes all forms of waste Can process waste between 3,500 to 10,000 Btu/lb (HHV) Solids, sludges, liquids 3

5 THERMOSELECT TECHNOLOGY TESTED AND PROVEN Has operated successfully in nine facilities, the first beginning in 1992 as a Demonstration Facility in Fondotoce, Italy Tested by major independent European testing laboratories for more than13 years Licensed by JFE, a major industrial company, for Japan 7 plants operating in Japan Plants under development in US, Puerto Rico and Europe 4

6 THERMOSELECT FONDOTOCE, ITALY FACILITY THERMOSELECT 5

7 KARLSRUHE, GERMANY FACILITY THERMOSELECT 6

8 PROVEN TECHNOLOGY Projects in Japan 7

9 THERMOSELECT 8

10 INDEPENDENT THIRD PARTY EVALUATION OF IWT & TECHNOLOGY The County of Los Angeles commissioned an independently prepared comprehensive report to evaluate commercially available non-incineration waste processing technologies beginning in 2004 URS, one of our nation s largest engineering firms, prepared the report and concluded the following: Based on supplier credibility, existing operational experience, completeness of engineering, landfill diversion, permitability and economics, IWT and the Thermoselect technology were ranked #1 The entire evaluation can be found at IWT s website: iwtonline.com. Go the to About Us page, click on the Independent Third Party Evaluations link. A link to the County Report is displayed. 9

11 INDEPENDENT THIRD PARTY EVALUATION OF IWT & TECHNOLOGY The New York City Economic Development Corporation and the Department of Sanitation evaluated solid waste management technologies beginning gin 2003 The City s consultant, ARI, concluded the following: Based on technology readiness, reliability, facility design, environmental performance, beneficial use of waste, marketability of recycled products and experience and resources of the project sponsor, IWT and the Thermoselect technology were judged superior The entire evaluation can be found at IWT s website: iwtonline.com. Go the to About Us page, click on the Independent Third Party Evaluations link. Scroll to the NYC paragraph and click on green highlighted text evaluated solid waste management technologies. 10

12 Enclosed Waste Receiving Area Overhead Crane feeds waste to the Press High Temperature Chamber Air Separation Unit Press Degas Channel THERMOSELECT PROCESS Tons Per Day Waste Processing Modules 11

13 Cooling Towers Evaporators High Temperature Chamber Water Cleaning System THERMOSELECT PROCESS Tons Per Day Waste Processing Modules 12

14 PROCESS OVERVIEW THERMOSELECT Waste of all kinds H 2, CO, CO 2, H 2 O Synthesis Gas High Temperature Chamber 1200 C Quench Scrubber Synthesis gas scrubbing Production of Hydrogen Methanol Ammonia or Power generation Sulfur Degassing Channel Process water treatment Clean water Press O C Homogenization reactor 1600 C Salt Zinc Concentrate Metals and Minerals Oxygen facility 13

15 PRODUCES 100% RECYCLED MATERIAL 100% Diversion i From Landfills Input Pounds Products Pounds Waste 2,000 Synthesis Gas 1,780 Oxygen 1,000 Water 750 Consumables 130 Aggregate 490 NaOH Metal Pellets 60 HCL Sulfur 20 Hydrogen Peroxide Salt 20 Iron Chelate Zinc Concentrate 10 Total 3,130 Total 3,130 14

16 100% DIVERSION FROM LANDFILL THERMOSELECT Vitreous Mineral Granulate Concrete Road Construction Sand-Blasting Iron-Copper Alloy Metallurgy Salt Chemical Industry, Additive for Metallurgy Sulfur Chemical Industry, Sulfuric Acid Production Zinc-Concentrate Zinc, Lead, Copper Recovery 15

17 POWER GENERATION AIR EMISSIONS COMPARISON Dust HCI SOX NOX CO Hg Cd Pb PCDD,DF USEPA Limits Actual Measured 16

18 IWT PROJECTS 1,770 tpd MSW project Caguas, Puerto Rico PPA signed with PREPA Host Community and Waste Processing Contract signed 1,770 tpd MSW project LA County Selected to develop a project In discussions with waste providers 1,770 tpd MSW project Taunton, Massachusetts Final stages of RFP process 700 tpd MSW project Santa Barbara, CA RFP process RFPs frequently received for conversion technology projects 17

19 LA COUNTY PROJECT 1,770 tpd facility processing MSW Waste Heat Content 5,950 Btu/lb (HHV) Syngas Quantity 33,000 ft 3 /ton Syngas Heat Content 240 Btu/ft 3 Syngas used to generate electricty 75 Mw GE Frame 6B CTCC system Heat Rate 6,900 Btu/kwh Meets recent California BACT air emissions firing natural gas 18

20 LOS ANGELES COUNTY CONVERSION TECHNOLOGY FACILITY 19

21 CONTACT C INFORMATION ON Please contact for further information: Frank Campbell, President It Interstate tt Waste Technologies, Inc. 17 Mystic Lane Malvern, PA Telephone: frankc@iwtonline.com Website: 20

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