LP Amina’s Advanced !Coal Utilization Solutions!

Confidential. The presentation is provided for the recipient only and cannot be reproduced or shared without LP Amina's express consent. © 2014 LP Amina

Will Latta, Founder and CEO!September, 2014 !

Growth Through Innovation!

LP Amina At a Glance!LP Amina was established with a mission to serve as an integrated platform for development and deployment of clean energy solutions globally.!

150!Full time employees !

on 3 continents!

5!R&D centers, with activities in the US, Europe and Asia!

30+!Average experience of !

core technical team!

10+!Patents focused on coal/!

biomass conversion !and pollution control!

15GW!Projects completed !in the last 5 years!

60+!Engineers covering !

all disciplines!

Guizhou Pannan LNB Project! Guangzhou Shajiao LNB Project! Beijing Caoqiao SCR Project! Fengtai Classifier Project!

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Low NOx Burners: !•  LP Amina is market leader in pre-combustion De-NOx solutions via in-furnace optimization in China!•  Major Chinese clients including China Huaneng Group, Guangdong Yuedian, Datang Group!

SCR/SNCR Hybrid!•  Proprietary technology developed by LP Amina!•  Combines benefits of several De-NOx technologies and brings superior De-NOx results at affordable price!•  Installed at multiple units at Yixing Power in Jiangsu with 80% NOx reduction!

Direct Injection SCR:!•  Proprietary technology developed by LP Amina!•  LP Amina was able to reduce NOx by over 80% with slip below 2 ppm !•  More efficient, direct injection SCR uses significantly less energy and is cheaper to build !

Achievements in China:!

LP Amina Strong Track Record in China!Since opening its China office in 2008, LP Amina has built strong relationships with local utilities, collaborating on both commercial and R&D projects.!

Over 60 projects in 13 provinces: !

Strategic Partners:!

Huaneng Group!

Gemeng Energy!

Yuedian Group!

Beijing!Energy!

Growth Through Innovation!

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Coal World Reserves!Coal is by far the most abundant fossil fuel in the world, representing 70% of reserves in U.S. and developing Asia, including China.!

Location of the World’s Main Fossil Fuel Reserves, 2003 (Gigatons of Oil Equivalent)!

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Coal The Main Challenge!Coal is the cheapest fossil fuel with the greatest price stability. The challenge is to continue to provide low-cost electricity while reducing the world’s carbon footprint. !

Abundant! Cheap & Stable!

0! 0.25! 0.5! 0.75! 1! 1.25!

Lignite!

Coal!

Oil!

Natural Gas!

Solar PV!

Wind!

Biomass!

Nuclear!

Geothermal!

Hydro!

Polluting!

Coal is abundant and cheap and projected to continue to be the

largest electricity source!

Coal has the greatest price stability, and as prices for crude oil rise this

advantage widens!

Coal has poor carbon footprint and high emissions of sulfur,

mercury and NOx!

Electricity Emissions Factors (kg CO2e /kWh)!

41%!

21%!

16%!

14%!

6%!3%!

Coal! Natural Gas!Hydro! Nuclear!Oil! Other!

Global Electricity Usage by Power Source, IEA 2007!(Other Includes Biomass, Wind,Waste, Geothermal)! Average U.S. Delivered Energy Prices, !

1980-2030 2011 US$ per Million Btu!

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1980! 1990! 2000! 2010! 2020! 2030!

Coal!

Natural Gas!

Oil!

Electricity!

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Our Vision Power Plant Revolutionized!In LP Amina’s vision power plants can evolve beyond just producing power to create a wide range of valuable chemicals, in economical and emission-free way.!

Electricity!

Fuels and Chemicals!

Plastics and Building Materials!

Growth Through Innovation!

Electricity in LP Amina’s solution is being produced like in a regular plant but without affecting the capacity of the facility. !

Power Plant!Revolutionized!

LP Amina’s facility is able to produce high value hydro-carbons including fuels like benzene, kerosene and other chemicals.!

LP Amina’s facility is able to produce low value hydro-carbons including plastics, and building materials.!

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LP Amina’s Carbon Utilization Platform revitalizes existing power plants, transforming them into power and hydrocarbon co-production facilities.!

BeneficiationPlusTM! Polygeneration!

Growth Through Innovation!

Low Rank Coal! Hi/Med Rank Coal! Electricity!

Hydrocarbons! CO2 Ready For Capture! Hydrocarbons! CO2 Ready For Capture!

At a conventional power plant coal is directly oxidized to produce steam and then electricity!

Conventional Approach!

LP Amina’s Coal Utilization Platform!

Our Solution Innovation in Power Generation!

C C

Water !

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Partnerships For a Cleaner Tomorrow!LP Amina has established an ecosystem of partnerships, from technology development & refinement to full scale deployment and commercialization.!

Private Companies! Research Institutions!

Growth Through Innovation!

Bayer!Technology

Services!

China!Huaneng !

Group!

Gemeng!Energy !Group!

University !of Wyoming!

West Virginia!University!

US !TDA!

Phase 0, Demo !US, 2014/2015!

Phased development of the technologies in the US and China!

Beneficiation+!

Polygeneration!

Phase 1, Commercial!250/hr 2016/2017!

Phase 0, Demo !China, Shanxi, Now!

Phase 2,!Integrated !Facility US !Power Station !2018!

Phase 1, Commercial!2015/2016!

Government!Public-Private Partnerships!

US-China!ECP!

US-China !CERC!

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Polygeneration Demonstration Facility!LP Amina has built a demonstration facility for coal-to-intermediates technology in Hepo, Shanxi Province, which will begin testing in 2H 2014!

Feedstock Processing! Reactor and auxiliary equipment!

LP Amina 50 MW Demonstration Facility Designed to Co-produce 100,000 barrels/year!

Operator Training!

LP Amina’s demonstration facility in Shanxi, China. Groundbreaking design will allow the power plant to !co-produce electric power and high value bi-products, increasing revenues and reducing emissions.!

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Growth Through Innovation!

Thank You!