Section I. GDTC s Proprietary Technology

Transcription

1 3 Section I. GDTC s Proprietary Technology

2 GDTC IP Development Process 16 PILOT PLANT #1 (R&D) COMMERCIAL PLANT #1 WARREN NSW PILOT PLANT #2 (COMM SPEC)

3 GDTC Technology 17 Single Module (two tube) Combustion Process Feed Chamber Six Module (12 Tube) Typical Commercial Plant Oxygen Free Heating Tube Heating Chamber Air Lock Door Air Lock Door Hot Combustion gases

4 18 Six Module Commercial Plant

5 19 Differences with Traditional Pyrolysis Plants

6 Mass Balance 20 GDTC 6 module (12 tube) Commercial Plant ELTs 10% NON-CONDENSABLE GAS & EXOTHERMIC HEAT Exothermic heat used in process to recombine molecules Non condensable gases are combusted in heat box HEAT EXHAUST 40% OIL LIME SCRUBBER Fertilizer 6,779MT 8m Liters 35% CARBON 7,747MT ELT Type Mix kgs/tire Wgt (MT) Passenger Car 40% 10 2,653 4WD/Light Truck 20% 16 2,122 Truck 30% 50 9,949 Super Single 10% 70 4,643 TOTAL 100% 29 19,367 15% STEEL 2,905MT

7 Throughput 21 7 Tires/Tube 2 Tubes per module 6 Modules per Comm Plant ELT Type Mix No. Tires kgs/tire Wgt (MT) Passenger Car 40% 265, ,653 4WD/Light Truck 20% 132, ,122 Truck 30% 198, ,949 Super Single 10% 66, ,643 TOTAL 100% 663, ,367 1 Hr Processing Time 24 Hrs/day 329 days/year 663,264 ELTs per Year

8 Future Plant Designs 22 Exclusive Passenger Tire Plant 4 Tubes per Module 10kg/tire Current R&D Projects Exclusive OTR Tire Plant Unique Materials Handling Design 4MT/tire

9 4 Section I. Sourcing Raw Material (ELTs)

10 Sourcing Raw Materials (ELTs) in Australia 24 DISPOSAL FEES Tipping Fees Paid to Tire Collectors Car Tyre 4WD/ RV Truck Super Single Wgt Avg/Total Avg Wgt/Tyre(kgs) Disposal Fee/Tyre (1) $2.6 $5.2 $13.0 $16.0 $7.6 % Mix per Plant 40% 20% 30% 10% 100% Tipping Fees paid to collectors are approximately $A250/MT. Company Potential Suppliers of ELTs Business Operations Beaurepaires is the largest tyre retailer in Australia by number of stores at 300. GDTC estimates they produce over 3m ELTs/yr A recycler of ELTs producing rubber crumb. Tyrecycle is in discussion to supply all ELTs to GDTC s commercial plants. Tyrepower has approximately 250 stores nation wide. GDTC estimates they produce over 2m ELTs/yr Bridgestone has approximately 180 retail stores nation wide. GDTC estimates they produce approx 2m ELTs/yr Tipping Fees Paid by GDTC to Collectors Tipping Fees paid by collectors to deliver ELTs to GDTC s gate are $A150/MT. Bob Jane has approximately 132 stores (22 owned and 110 franchised) nationwide. GDTC estimates they produce 2m ELTs/yr Tyreright has 92 stores nationwide. Tyreright has been supplying ELTs to GDTC s pilot plant on an as required basis. ARM is a Tyre collector in Numurkah, VIC. ARM has entered into an MOU with GDTC to supply up to 40,000 tons of ELTs per year. Australia Tire Distribution market is highly consolidated

11 Waste Cycle Stream of ELTs in Thailand 25 New Tire Used Tire Part Worn Tire Collection Private Separation Center Private Collection Center Collected at Tire Retail Shop ELTs Technology Small Scale Reuse Punched & Stamped Grinding Other Art Punched & Stamped products Ground Rubber Reclaimed Rubber Products Playgrounds Asphaltic mixture Backfill Bumpers Tire derived Aggregate Granulation Granulate 2 nd Hand Tire Reuse Devulcanization Heat Generation Steam Generation Repair Retreading Reusalble Tire Incineration Pyrolysis Carbon Black Gas Electricity Generation Steel Oil Regrooving Land Fill Disposal Used in Thailand Exported Open Dumping Other Improper Disposal

12 Sourcing Raw Materials (ELTs) in Thailand 26 Passenger Tires Tire Collectors/Jockey s Bus & Truck Tires Sample Dealers (Estimated 4,500 shops) Characterized by small individual truck owners specializing in ELT collection from Dealers Truck Fleets Sample Truck Tire Dealers B&T Tire Center Individual Collectors Direct from Dealers 0.0~1.0Bt/kg but GDT covers transportation cost 1.5~2.5Bt/kg ELT delivered to Plant 60km radius from GDT Plant Direct from Dealers 0.0~0.5Bt/kg but GDT covers transportation cost Cost of tires are approximately THB2,000/MT. Proposed GDT Plant GDT Supply Requirements are approx. 60tpd of ELTs which equals ELTs from 20 dealers (assuming 200 ELTs per dealer per day).

13 5 Section I. Monetization of Output Commodities

14 Off Take Markets Oil 28 AUSTRALIA THAILAND Unrefined Oil Light Oil REFRACTION HEAVY/LIGHT Unrefined Oil OIL REFINERY Naphtha TRADING HOUSE PRIVATE POWER GENERATION Oil Sales are 53% of Total Revenues VSPP FIT (MSW) PPA Oil Sales are 81% of Total Revenues

15 Electricity Generation Comparison 29 AUSTRALIA THAILAND Wholesale electricity can be sold for only A$0.08/kWh (no FIT for WTE) Electricity can be sold to PEA with FIT of THB5.89/kWh (A$0.23/kWh) under PPA However, retail customers pay approximately A$0.31/kWh! This equates to a price of THB23/ltr or A$0.90/ltr (50% higher than in Australia) Better to sell GDTC oil to companies producing their own power who see value in GDTC oil price. Retail diesel price is A$1.29/ltr vs A$0.60/ltr for GDTC s oil. This higher price/ltr of oil is needed to compensate for the fact that there are no tipping fees in Thailand for disposing of ELTs (instead you need to purchase them)

16 Off Take Markets Carbon 30 AUSTRALIA & THAILAND COKE ADDITIVE Sold as Thermal Fuel Sold as Coke Additive FLOUR MILL PAPER MILL CEMENT PLANT STEEL COMPANY Electric Arc Furnace CV 8,359 kcal/kg (35GJ/t) No Volatile Matter

17 Off Take Markets Steel 31 AUSTRALIA & THAILAND SCRAP STEEL AGENTS (JAPAN) RECYCLED STEEL MANUFACTURERS RUBBER CONTAMINATION ISRI Code DESCRIPTION 272 Pulled bead wire (Truck) Grade 1. Not chopped; made up of loops of wire. Less than five percent (<5%) rubber/fiber. 273 Pulled bead wire (Truck) Grade 2. Not chopped; made up of loops of wire. Five to ten percent (5 10%) rubber/fiber. 274 Pulled bead wire (Truck) Grade 3. Not chopped; made up of loops of wire. Greater than ten percent (>10%) rubber/fiber. 275 Pulled bead wire (Passenger) Grade 1. Not chopped; made up of loops of wire. Less than five percent (<5%) rubber/fiber. 276 Pulled bead wire (Passenger) Grade 2. Not chopped; made up of loops of wire. Five to ten percent (5 10%) rubber/fiber. 277 Pulled bead wire (Passenger) Grade 3. Not chopped; made up of loops of wire. Greater than ten percent (>10%) rubber/fiber. 278 Processed tire wire (Ferrous) Grade 1. Chopped. Less than two percent (<2%) rubber/fiber. 279 Processed tire wire (Ferrous) Grade 2. Chopped. Less than five percent (<5%) rubber/fiber. 280 Processed tire wire (Ferrous) Grade 3. Chopped. Five to ten percent (5 10%) rubber/fiber. 281 Processed tire wire (Ferrous) Grade 4. Chopped. Ten to twenty percent (10 20%) rubber/fiber. 282 Processed tire wire (Ferrous) Grade 5. Chopped. Greater than twenty percent (>20%) rubber/fiber. =Expected classification for GDTC Steel

18 6 Section I. Pipeline of Plant Roll out

19 Plant Roll Out in Australia 33 AUSTRALIA PIPELINE THAILAND PIPELINE 7 target plants representing 35% of total ELT mkt and 56% of dumped ELTs 3 target plants representing 11.3% of total ELT mkt and Queensland 24.5% of dumped ELTs Current Pipeline Additional Target sites Brisbane Gold Coast Mt. Isa WA Fremantle Victoria Numurkah 2 plant Stawell Wyndham Warragul Tasmania Longford NSW Warren Young Camden Sydney Manildra Newcastle THAILAND Chonburi Surat Thani Changmai Saraburi Udon Thani

20 Plant Roll Out JV: USA and Japan 34 Global Joint Venture GDTC is in advanced negotiations for a JV to roll plants out in the USA and Japan with one of the worlds largest owners of tire retail distribution. Through their distribution platform in the US alone they produce > 25m ELTs per year.