‘Advances in Sustainable Sugar Technology’

10th Annual World Congress on Industrial Biotechnology

Montreal, June 2013

Fred Moesler, Chief Technology Officer

© Copyright 2013 Renmatix, Inc. All Rights Reserved

Renmatix: The Bridge To Renewable Materials

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Cellulosic sugars are building blocks for

biochemicals and biofuels

Renmatix has developed the Plantrose™

process to produce cellulosic sugars at a

competitive price

• Sugars enable renewable materials

• Competitive economics enables value chain

Key to our advantage over traditional

routes, is Supercritical Hydrolysis

(SCH)

Biomass

Conversion

Technology

Chemicals

& Fuels

Upstream

Downstream

Economic Disruption Enabled By New, Supercritical Hydrolysis, Technology

© Copyright 2013 Renmatix, Inc. All Rights Reserved

Biomass

Conversion

Technology

Chemicals

& Fuels

Upstream

Downstream

What Is Supercritical Hydrolysis?

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Supercritical hydrolysis is a chemical

process in which water in its supercritical

state is used to convert biomass into

cellulosic sugar. Water becomes supercritical

at around 374 Deg C and 221 bar, known as

its critical point where distinct liquid and gas

phases do not exist. Under these conditions,

water serves as a solvent extracting C6 sugar

(glucose) from cellulose plant matter. Lignin

remains as a solid particle.

Supercritical water has a history of application

in nuclear processes, such as heat transfer

and integration, but has not widely been

explored in biomass conversion. Private

company, Renmatix, based in King of

Prussia, Pennsylvania, has developed a

supercritical hydrolysis technology to convert

a range of non-food biomass feedstocks into

cellulosic sugars for application in

biochemicals and biofuels. It has a

demonstration facility in Georgia currently

capable of processing three dry tons of

hardwood biomass into cellulosic sugar daily.

Supercritical hydrolysis is considered a

method of green chemistry for using water as

the solvent rather than hazardous

substances. Other methods of extracting

sugar from biomass include enzymatic

hydrolysis and acid hydrolysis.

Hydrolyzing Cellulose with

Super Critical Water Water as solvent and catalyst

Heat and Pressure

Economically attractive Parity with food based, today

Supercritical hydrolysis Moving beyond traditional routes…

© Copyright 2013 Renmatix, Inc. All Rights Reserved

Plantrose™ Process (Fast & Flexible Platform)

Xylose liquor

Glucose liquor

Lignin

Hemicellulose Hydrolysis

reactor

Supercritical Hydrolysis

(SCH) reactor

SCH solid/liquid separation

Sugars • Woody

Biomass

• Agricultural

Residues

• Energy

Grasses

• Waste

Sources

Biomass

Hemicellulose solid/liquid separation

Very Fast Reaction Products Feedstock

4 © Copyright 2013 Renmatix, Inc. All Rights Reserved

“Coolest” Technology In The World Is Useless If

End Product Is Too Expensive

Value From Renewable Feedstocks Is Unlocked By

Conversion Technology That Meets Key Criteria

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© Copyright 2013 Renmatix, Inc. All Rights Reserved

1. End product must meet downstream

partner targets • In both quality and cost

2. Cost Effective = ‘All in’ Economics • Not just Operating Expense, or

Capital Expense, ALL in

3. Conversion process should be

flexible, ideally biomass agnostic

• Not everything grows everywhere

• Customer selection of location

can/will determine feedstock choice

4. Technology must be scalable.

Renmatix Unlocks Large Scale Cost-Competitive

Cellulosic Volumes With Targeted Investments

6 © Copyright 2013 Renmatix, Inc. All Rights Reserved

KOP, World-Class Analytical Bioflex Conversion Unit Kennesaw D3K Demo

Industry Leaders & Senior U.S. Policy Makers, Recognize

The Impact Of Commercializing Plantrose™ Technology

Renmatix honored to host visits

from U.S. Secretary of Agriculture,

Tom Vilsack & Senator Bob Casey

Commissioned our BCU

Opened our Analytical Labs

Awards from leading organizations

in the chemical & energy industry,

selected from international peers

IChemE Bioprocessing

Platts Global Energy

Fast Company - World’s Most

Innovative

CERA Energy Innovation Pioneers

World Markets Sustainable Biofuels

7 © Copyright 2013 Renmatix, Inc. All Rights Reserved

Renmatix Technology Has Been Validated By

Industry Leading Strategic Investors & Project Partners

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• Market leading industry

engagement

• Progressive approach and

low cost feedstock

• $750M MOU signed for

multi-project financing

Series C: Top Three Private Placements In The Biobased Industry For 2012

© Copyright 2013 Renmatix, Inc. All Rights Reserved

Licensing Renmatix Conversion Technology

Will Enable Upstream Partners To Move Downstream

9 © Copyright 2013 Renmatix, Inc. All Rights Reserved

Summary

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Renmatix Has Combined The:

Team, Technology, Economics, And Strategic

Partners To Enable Expansion & Acceleration

Of The Bio-Based Industry

Thank you.

© Copyright 2013 Renmatix, Inc. All Rights Reserved