Canada’s New Bio-Oil & Bio-Char Company

& Feeding Technology Description

www.agri-therm.com

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The depletion of fossil fuel reserves ( oil prices)

Global demand for renewable fuels and green chemicals

Demand for increasing utilization of agricultural and

industrial by-products/wastes (process intensification)

Reduce GHG Emissions

Job creation

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Converts crops,

waste & other

Biomass sources

into Bio-Oil

through a

process called

Fast Pyrolysis.

No competition with food

Compact, mobile, easy to operate:

No need to transport biomass

Self-sufficient in

energy

Reduces chemical fertilizers

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The Problem: Converting Biomass into alternative fuel is limited by transportation costs/seasonality.

Labour costs must also be minimized.

The Solution: Mobile Pyrolysis, the Agri-Therm MPS200

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Levoglucosan

Hydroxyacetaldehyde

Methyl Glyoxal

Acetic Acid

Formic Acid

Glyoxal

CELLULOSE

Hydroxyacetone

Slow pyrolysis: only char

Fluidized bed technology

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Conclusions

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N2 Pulse

N2 continuous

Conclusions

3) The char stays in the bed.

Bio-oil vapours and permanent gases leave the reactor toward condensers.

4) An hot filter traps the small fraction of fine particles elutriated from the bed, avoiding contamination of the bio-oil.

1) The biomass is injected into the bed.

2) It mixes with the hot sand and reacts.

N2 or Recycled pyrolysis permanent gases for Fluidization

Mobile P yrolysis System:

◦ Brings the Plant to the source (10 tonnes biomass/day)

◦ Converts Biomass to Bio-Gas, Bio-Oil and Bio-Char.

◦ Bio-Oil: ~30 MJ/kg, or 70% energy content of oil

◦ Bio-Char: Carbon Sequestration and Soil Amendment

◦ 1 tonne Bio-Char sequesters

3 tonnes of CO2

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Opportunities

Grape Skins and Seeds 12.2 million tonnes worldwide

Wine Grape

Wine

Corn

Bio ethanol

Dried Distiller’s Grains 35 million tonnes in North America

Sugarcane

Sugarcane Juice

Sugarcane Bagasse 500 million tonnes worldwide

Forest Resources

Pulp and Paper

Forestry Residue 280 million tonnes worldwide

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Canada ◦ Forestry residues ◦ Tobacco ◦ Distillers’ grains & corn stover ◦ Chicken litter ◦ Apple pomace ◦ Grape residues ◦ Flax straw ◦ Food waste ◦ Coffee grounds ◦ Wastewater treatment plant sludge

Rest of world ◦ Sugarcane plant and bagasse ◦ Rice straw ◦ Coffee husks

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Agri-Therm

MPS

Equipment

Sales

Forestry

Agriculture

Government

Municipalities

Universities

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Globally 1.4B tpa

Canada

42M tpa

1% of Global market, 5400 MPS units

1% of Canadian market, 200 MPS units

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Cetane Energy 2 M gal/y 10 units

New Generation Biofuels 5 M gal/y 25 units

Biojet 200 M gal/y 1000 units

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Mobile Capacity (tonnes/day)

Technology $/tpd processed

Agri-Therm YES 5-10 Fluidized bed $75k

3 Seconds to Oil

NO 30 Fluidized bed $90k

ABRI with ZWES

~YES 1 Auger unknown

Best Pyrolysis NO 30 Auger unknown

1 metric ton of forestry residue (dry basis) = $60

produces:

600 kg of BioOil (~ 18 MJ/kg) @ $ 0.22/kg (1) = $132

200 kg of BioChar (~ 28 MJ/kg) @ $ 0.6/kg (2) = $120

carbon credits for BioChar @ $ 0.07/kg (3) = $14

Total Product Value = $266

Net Product Value per t of residue processed = $206

5 day week, 20% down (182$/t x 5t/d x 208 d/yr) = $214,240

$600K capital expense with 10% maintenance & operations cost

simple payback = 600,000/(214,240-60,000) = 3.8 years

(1) Sharp biofuels forward contract for biooil purchase at $0.22/kg

(2) Horticultural Char TIME (Dec. 2008)

(3) EU Carbon Trading (www.pointcarbon.com)

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1 metric ton of Ag Waste = $0

produces:

300 kg of BioOil (~ 18 MJ/kg) @ $ 0.22/kg (1) = $66

500 kg of BioChar (~ 28 MJ/kg) @ $ 0.65/kg (2) = $325

carbon credits for BioChar @ $ 0.07/kg (3) = $35

Total Product Value per tonne of residue processed= $430

5 day week, 20% down (414$/t x 5t/d x 208 d/yr) = $447,200

$600K capital expense with 10% maintenance and operation cost

simple payback = 600,000/(447,200-60,000) = 1.55 years

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Phase I Demonstration

◦ 5 units in select target market/uses

◦ Currently seeking customers for pilot project MPS200

Phase II Partnerships

◦ Manufacturing/Distribution, Service Providers, Oil

Co’s

Phase III Expansion

◦ Expanded product lines, expanded uses (e.g. tires,

waste)

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Conclusions

Technology proven at 200 kg/hr scale

Prototype tested for long term operation

First two sales secured (client experiment projects)

Second generation unit nearing completion/testing

Demonstrations planned for various national and international

companies

Marketing plan under development

Research in progress on upstream and downstream processing

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