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PROESA™ TECHNOLOGY Cellulosic Ethanol Up and Running Today This document is property of Beta Renewables. This document cannot be reproduced and/or copied and/or distributed without prior written consent of Beta Renewables

Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

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Page 1: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

PROESA™ TECHNOLOGYCellulosic Ethanol Up and Running Today

This document is property of Beta Renewables. This document cannot be reproduced and/or copied and/or distributed without prior written consent of Beta Renewables

Page 2: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

� ___ ____ ___ __________ ___ _____ ___ _____ _____ ______� Fare clic per modificare gli stili del testo dello schemaBeta Renewables is a joint venture between Biochemtex, TPG(Texas Pacific Group) and Novozymes.

Beta Renewables since 2011 owns and licenses the Proesa™

technology, used to produce biofuels and chemicals.

Beta Renewables owns and operates the 1st commercial-scale 2G ethanol plant operating in Crescentino (Italy).

Who we are and what we do

Page 3: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Mossi & Ghisolfi Group was founded in1953 to produce packaging for detergentsand toiletries, mainly from HDPE and PVC

●M&G Group today is the largest privately owned chemical company in Italy.

● It is one of the top 3 global producers of PET for packaging and polyester fibers.

●Today a leader in sustainable chemistry and biofuels.

We are a part of the ….

Page 4: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

One of the top 3 producers worldwide of PET resin.

Polymers

60 years of excellence inEPC, process developmentand commercialization ofplants.

Engineering and R&D

Proesa™: technology leader in biofuels and

chemical intermediates from non-food

biomass

SustainableChemistry

A Solid Family of Companies

Page 5: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

The Proesa™ Process

PROESA™ Technology benefits:

• Feedstock flexibility

• No chemical addition, optimal sugar extraction and lowenzyme dosage.

• Fully integrated process design using continuousequipment to enable large scale plants

• Best in class technology, backed with performance guarantees, lowest capex and opex.

• Intellectual Property – 26 patent family applications filed, 14 are public

CO2Enzymes

FermentationHydrolysis

Biomass

Feed Handling

Steam Water

Water

Ethanol

Steam

Power

Lignin Valorization

RecoveryBiomass Cooking

Yeast

Page 6: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Crescentino operating at steady state & within design parameters

GranBio (PROESA project #2) Start-up

China Project JV Formation

License to Energochemica (Slovakia)

Project Alpha to break ground (2016)

Scouting of Technologies

Generation of key inventions

Proof of UNIT OPERATION in the labs

2006-2008

2009-2010Pilot plant (1 t/day) construction & start up (June 2009)

Pilot Plant operation and data gathering

Test of Plant flexibility using multiple biomasses

Collaboration Agreements with synthetic biologycompanies

Formation of Beta Renewables

Investment in BetaR

by Novozymes

Ground-breaking in Crescentino

2011-2012Crescentino PlantStart-up

USDA loan guaranteefor US Project (Alpha in NC)

Joint developmentand co-marketing with Novozymes

License Agreements

Partnership with Lesaffre for yeasttechnology

2013-2014

2015

The Proesa™

Development Timeline

….. and more to come …

Page 7: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Ethanol

Non-Food Cellulosic Biomass

PROESA®

C5-DERIVED CHEMICALS

C6-DERIVED CHEMICALS

(C5+C6)-DERIVED CHEMICALS

NOW

Lactic AcidSuccinic Acid

N-ButanolIso-ButanolButanediol

Fatty AlcoholsEthylene Glycol

Acrylic AcidAdipic Acid

Green DieselGreen Gasoline

Aromatics

Terephatalic Acid

PhenolsNEXT FUTURE

CRESCENTINO, ItalyThe World’s First Commercial Cellulosic Ethanol Facility

Power

Cellulosic Sugars Lignin

Heat / Steam

LIGNIN-DERIVED CHEMICALSENERGY

Beyond Ethanol:The Proesa™ Biorefinery Platform

Page 8: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Novozymes and Beta Renewables:

• Long-standing collaboration has led to substantial reduction in cost of enzymes per unit of cellulosic ethanol

• Guarantees on enzyme performance and cost incidence de-risks the technology

• Parties are committed to ongoing improvements in enzymes and process

• Ensuring secure and most competitive enzyme supply to our customers

A Strategic Partnership

To Jointly Market PROESA™ and Cellic® enzymes

Page 9: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

To de-risk the technology, enabling profitable deployment and bankable projects

PROESA® Licensee

Our Value Proposition

PROESA® Know-how

Enzyme Supply

Basic Engineering & Critical Equip.

EPC Contractor

EPC (Engineering, Procurement,

Construction)

Yeast Supply

EPC / CapexGuarantees

Process Performance /

OPEX Guarantees

Page 10: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

PROESATM Projects worldwide

GranBio

Crescentino

Project Alpha

Energochemica

FuyangPunjab

Gujarat

Page 11: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Crescentino: 1st, at commercial scale !

Ethanol Capacity: 40.000 MT/Y

Ethanol Capacity: 40.000 MT/Y

Biomass input: 200.000 MtBiomass input: 200.000 Mt

Ligno-cellulosicfeedstock ( wheat & rice

straw, arundo donax )

Ligno-cellulosicfeedstock ( wheat & rice

straw, arundo donax )

13MW green electricityfrom lignin

13MW green electricityfrom lignin

100% water recyclezero discharge100% water recyclezero discharge

Footprint: 15haFootprint: 15ha

Page 12: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Crescentino today: an industrial reality

Page 13: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Bioflex, Alagoas, Brazil

Ethanol Capacity: 65.000 MT/Y

Ethanol Capacity: 65.000 MT/Y

Biomass input: 350.000 MTBiomass input: 350.000 MT

FeedstockSugarcane StrawFeedstockSugarcane Straw

Beginning of Works: Feb. 2013Beginning of Works: Feb. 2013

Plant Start-Up:

Sept. 2014

Plant Start-Up:

Sept. 2014

Groundbreaking: Nov. 2012Groundbreaking: Nov. 2012

Page 14: Renewable Technology at Scale is Viable and Concrete: the story of PROESAtm

Thank you !

Beta Renewables SpAStrada Ribrocca 1115057 Tortona – ItalyT. +39 0131 [email protected]