Biojet V25 M

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What is BioJet ? What is BioJet ?

description

biojet, bio fuels, alternative energy, bio-diesel, green fuels, green energy, jatropha, castor oil, plantations, refineries, logistics

Transcript of Biojet V25 M

Page 1: Biojet V25 M

What is BioJet ?

What is BioJet ?

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BioJet is the leading internationalsupply chain integrator and provider of renewable and sustainable jet fuel to the airline industry.

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Airlines spend$250 BILLION

a year on jet fuel

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Jet fuel is getting expensive

Demand

Peak Oil

Increasing prices

2011Years 2020

Problem

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Airlines are desperately seeking price stability

4.76

3.57

2.38

1.19

0

$/gal

150

100

50

0

200

$/bal

Jet fuel Price (IATA)

2007 2008 2009 2010 2011

Problem

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$0.54 $0.58

$1.02

$2.17 $2.15

$3.00 (Est)

1990-95 1996-00 2001-05 2006-10 2010 2011

Something needs to change...FAST

Problem

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European Union starts Jan 2012, target ten percent by 2020

Estimated penalties in 2012 will cost airlines $1.9 billion and $9.7 billion in 2020

And... airlines are mandated to reduce carbon footprints

Problem

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IATA 2017 target is 10 percent biofuels - $30 billion/yr opportunity

Opportunity

Airlines want 50 percent biofuels - $150 billion/yr opportunity

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World’s first biofuel test flight took place in Dec 2008

The next month Mitch Hawkins formed BioJet

History

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NewTechnologie

s

NewTechnologie

s

BioJet rationalizes, integrates, manages and is a principal in...

Feedstock

Feedstock

RefiningRefining

LogisticsLogisticsOfftake

Contracts

OfftakeContracts

Strategy

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Generation

FeedStock Energy Bal.Time

Frame

First Corn/Soy/Palm 1-1.3 Now

SecondJatrophaCamelina

1-4Now - 5-10

yrs

ThirdWaste BioMassAlgae/Sugars

1-15 5-10 yrs

Fourth GMO/Algae 1-30 10-20 yrs

Like the oil companies, we control our feedstocks

Feedstocks

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We had started with 2.5 million hectares of jatropha in the Philippines, Peru, 10 other countries

Acquired: Abundant BioFuels with4.3 million hectares

Total =6.8 million hectares

Feedstocks

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Next we added 750,000 acres of camelina in Argentina JV with Great Plains

Feedstocks

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Joint ventures with three major refineries in the Caribbean, So. Asia and Europe, using UOP technology

Refining

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Refining

Our mini refinery JV will revolutionize the economics of production and distribution of BioJet’s fuels

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We are working on new feedstock developments, genetic engineering and refining technologies

TECHNOLOGY...

Technology

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Logistics is criticalLogistics

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$0.54 $0.58

$1.02

$2.17 $2.15

$3.00 (Est)

1990-95 1996-00 2001-05 2006-10 2010 2011

Bringing it together

BioJet - Appox. $2.50/gal

Solution

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Contracts

$20 billion in contracts

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Team

CEO - Mitch Hawkins

COO - Wayne Van Dyck

SVP Sales - James Pfeil

SVP Refining - Bruce Berwager

SVP Gov - Robert Martin

Gen Counsel - Mathew Ladin

CFO - Paul Robinson

VP Corp Dev - Andrew Noll

VP Latin Am - Damiana Serafini

The brains

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Team

Board of Directors Mitchell R Hawkins Renat Heuberger Don McCarthy Ralph Adams

Global Advisory Board Nathan Agnew Dr. Dan Colbert John C. Shideler, PhD. Meghan Sapp Guarav K. Shah, MS Samuel (Sandy) Hale, PhD Michael M. Wadden Joseph Lambert Glenn Rambach

More brains

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Milestones

Corporation formed Jan 09

EU carbon regulations Feb 09

World’s largest feedstock contract Apr 09

$1.2 billion equity funding commitment Feb 11

Argentina camelina JV formed Jun 10

First ‘Alternative Fuels Partner’ of IATA Mar 10

Strategic refining agreement with UOP Nov 09

First biofuels test flight Dec 08

Camelina teaming JV with Great Plains Jan 10

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BioJet 2013 2014 2015 2016 2017

Barrels 1.1M 3.8M 7.7M 8.1M 13.5M

Income $ 104M 437M 961M1,132

M1,580M

Expenses $

82M 348M 788M 893M 1,261M

Profit $ 22M 89M 173M 239M 319M

Objectives

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Seeking strategic partners...

Major refiner to support and assistwith ten to fifteen major refinery projects.

Major energy finance / funding group to provide

$7 billion in project financing

SStrategy

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In 5 years we will be producing...

24M barrels of renewable and

sustainable jet fuel

grossing $3 billion in revenues

netting $690 million be worth over $4 billion... and

leading the world’s green jet revolution.

Objectives

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The competitive landscape...

Competition

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$15M bridge equity investment:

30 million shares

Estimated $64 million-$80 million

at initial public offering in 6 to 8 months

Estimated $180 million-$240

million In 4 to 5 years

Financing

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Use of Proceeds

Working Capital $4MFeedstock Projects Jatropha $8M Camelina $6M Refining Projects UOP $3M Mini Ref JV $2M

Logistics $2M

Financing

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Near Term Strategy

Complete equity financing

Complete public offering

Ramp and finance feedstock production

Launch mini refinery pilot

Draw down equity funding

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Huge and Exploding MarketCompelling Business ModelFeedstock Control Big First Mover Advantage Market LeadershipExperienced Management$1.2 Billion ‘Equity Partners’ FundingIPO in Six to Eight Months

BioJet summary...

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Scaling Financings

AirTransportActionGroup is striving for 6% biofuels by 2020

European Commission expects 40% biofuelsby 2050

To meet the demand, near to 290 biofuel refineries will be required to be built over next 20-30 years (one per month) at a capital cost of $200M-$500M each, a total of $58B-$145B

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Here’s an investment that changes the airline industry, saves the planet ANDprovides a big ROI.

BioJet

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for more information:

Yusuf A. RahmanManaging Director

Alta Vista Sdn BhdPrivate International Equities

Kuala Lumpur, Malaysia+60123034036

[email protected]