Post on 28-Dec-2015
Cost-Competitive Benzene, Toluene and Xylenes
From Biomass
Anellotech’s Value PropositionA low cost process for “drop in” green aromatics
November 2014 2
Large consumer
markets
• Packaging
• Automotive
• Apparel
Low Cost
Feedstocks
• Wood Chips
• Palm Waste
• Sugar Cane
Bagasse
• Corn Stover
Simple Process
• One Reactor
• Economical
Catalyst
• Min. Added Energy
• No H2 Addition
• “Drop In”
• Benzene, Toluene,
Xylenes (BTX)
Key Chemicals
• PET
• PS
• PC
• PU
• Nylon
Base Aromatics
Desired Green Products
Key End Use Markets
Non-Food Biomass
Anellotech Benefits for BTX Supply Chain
• Cost advantaged vs. petroleum-derived
• Green chemistry-based
• Feedstock diversity (biomass vs. crude oil)
• No reliance on RINs, mandates for commercial viability
Base AromaticsDesired Green Products
Key End Use Markets
Non-Food Biomass
Anellotech Origins
• Technology breakthrough from Huber research group at University of Massachusetts, Amherst (25 peer reviewed publications)
• Anellotech holds exclusive global rights to Catalytic Fast PyrolysisTM
technology
• U.S. patents granted, more pending in U.S., international
• 100% strategic partner funded – major multinational chemical, technology providers and other companies in the aromatics supply chain
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Powder sample
Quartz wool
Pyroprobe (mg)
5
Conversion Chemistry in One Reactor
Anellotech Catalytic Fast Pyrolysis Process “CFP ProcessTM”
CFP Process Features
• Biomass conversion to
BTX in one fluidized
bed reactor• Anellotech proprietary
catalysts based on
zeolites• Desired reactions
make aromatics• Undesired reactions
make coke that is
burned for process
energy
Drying &Grinding
CatalystRegenerator
Steam forelectricity
Compressor
CO, CO2 to processing or combustor
CatalyticFluidized BedReactor
Separation Train
CatalystSeparator
Catalyst recycle loopGas Recycle Loop
BTX Purification
Water
C9+ Aromatics
B
TX
November 2014
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Use a Variety of Scientific Tools to Optimize Catalytic Fast Pyrolysis
TheoreticalChemistry
Intrinsic Kinetics and Chemistry of Pyrolysis
ComputationalFluid Dynamics
Conceptual Process Design (Downstream separation)
Analytical Chemistry
Catalytic Fast Pyrolysis
Catalysis
FluidizationTransportPhenomena(heat/mass transfer)
Spectroscopy
Dr. Charles SorensenVP, R&D
• 25+ years process engineering, catalysis, R&D
• Corning, Exxon Mobil
Dr. Scott HanDirector, Catalysis
• 25+ years catalysis, R&D• Mobil, Rohm & Haas, Midori
Dr. Dennis McCulloughBusiness Dev. Consultant
• Former President Badger Licensing (Exxon-Shaw JV)
• Shaw Group, ABB Lummus, Bechtel, Eastman
Dr. George W. Huber Board of Directors
• Inventor CFP Technology, Co-founder
• Professor, University of Wisconsin-Madison
Dr. Fred PesaBoard of Directors
• Former R&D Head, BP USA• Expert in fluid bed catalysis
Dr. Ed WolynicBoard of Directors
• Former Engelhard CTO and Group VP Strategic Technologies
• Former UOP VP R&D
A-7
Leadership Team
Highly experienced in chemicals, catalysis and business
Mr. David SudolskyPresident & CEO
• 25+ Years Business Management, Leadership
• Dura Pharma, Booz-Allen, Union Carbide
Dr. Erick GamasDirector, Engineering
• 25+ years fluid bed engineering, R&D
• UOP, Ablemarle
November 2014
Anellotech’s Pearl River, NY FacilitiesRoom for Expansion…
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Anellotech Development Strategy
9
U Massachusetts Intellectual
Property Estate
Anellotech Catalyst
Development
Anellotech Process
Development
Anellotech Pilot/Demo Plant
Testing & Scale-Up
Commercial Scale Plants
Anellotech IP
November 2014
Dec. 2013: Kg.-scale BTX Production CapabilityOn-line, On-Schedule
Anellotech Process Commercialization
Scoping and Development Units:• fluid bed• fixed bed
operational
Pilot Unit December 2013
Demonstration Unit: 2016
First Commercial Plant 2019 - 2020
Second Commercial Plant 2021 - 2022
Large BTX Market PotentialValue $1200/ton vs. $600/ton for fuels
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3 of the 5 largest commodity petrochemicals…..
Butadiene; $25
Benzene; $69
Toluene; $45 Xylene; $81
Ethylene; $195
Propylene; $120
“BTX”$195 bn
USD, billion
Benzene
Toluene
Xylene
Polystyrene, Rubber
Polycarbonate, Epoxy, Phenolics
Nylon
Detergents
Polyurethane
PET films and resins
Talk to Anellotech
• New partners in aromatics supply chain
• Commercial plant co-location partners
• Feedstock providers– Woody biomass
– Stover
– Bagasse
– Energy crops
November 2014 12
401 North Middletown Road, Bldg. 170APearl River, NY 10965t: USA 917-664-4540
dsudolsky@anellotech.com