Chemtex Group. Global Engineering and Project Solutions

Transcription

1 Chemtex Group Global Engineering and Project Solutions July 2010

2 Topics 1. Chemtex Overview 2. Cellulosic Ethanol Technology

3 The Chemtex Mission Chemtex is a global and technology-oriented Engineering Company that delivers innovative and value-added project solutions for our clients. Our mission is to help our customers realize the lowest Total Installed Costs for their projects. We want to add value through: Smart Engineering through our understanding of the process; Aggressive procurement because we are prepared to take risks based on an understanding of what we are doing; and, Process development/optimization using our in-house R&D centers. We have a can-do attitude and will strive to meet and exceed customer expectations. We strive for excellence in our QHSE performance. 3

4 Our History Founded in 1947 as Rayon Consultants Became Chemtex in 1958 Acquired by Mitsubishi Corp in 1989 Acquired by M&G Group in 2004 Privately held company with deep roots in manufacturing (PET and Acetates) 2600 Employees worldwide A commitment to R&D (3 Centres) and Process USD 2.5 billion annual revenue Operations in the USA, Italy, Mexico and Brazil Today s Chemtex a technology oriented global engineering organization with strong process and R&D competencies, part of a Group with 70 years of excellence in manufacturing 4

5 Gruppo Mossi & Ghisolfi M&G was founded in 1953 by Vittorio Ghisolfi in Tortona, Italy Packaging Packaging Manufacturing Manufacturing Phase Phase M&G offered customers packaging from HDPE and PVC Chemical Chemical Specialty Specialty Manufacturing Manufacturing Phase Phase Group activities were integrated upstream in the development and production of special resin (PET) for food packaging applications Acquisition of Shell s PET business PET PET Expansion Phase Phase Acquisition of Brazilian controlled Rhodiaster from Rhone Poulenc Start up of world s largest PET production unit at Altamira (Mexico) Acquisition of the world class engineering group Chemtex from Mitsubishi Corporation Start-up of highest capacity single line PET production plant in Suape, Brazil A Chemtex EPC Project Slide 5 5

6 Apple Grove Resin Sharon Center R&D Centre Houston North America Regional Office Altamira Resin M&G Worldwide Locations Wilmington Chemtex Tortona Head Office Chemtex Milan Group Head Office Europe Reg. Office Verbania Cellulose Acetate Rivalta R&D Ethanol Rivalta R&D Packaging R&D T. R. R. Patrica Resin Poços de Caldas Resin Fiber R&D Centre Sao Paulo South America Regional Office Indaiatuba Recycle Paulínia PTA Cabo Fiber Suape Resin (on-stream in late 2006) Pignataro M. Film Bangalore Chemtex Beijing Chemtex Yibin Cellulose Acetate Shanghai Chemtex Mumbai Chemtex 6

7 Market and Technology Focus Renewables Fibers & Petrochemicals Energy & Environmental 7

8 Providing Project Solutions Chemtex offers: State-of-the-Art Technologies Technology development with in-house R&D facilities Extensive Technology Transfer Expertise Conceptual and Feasibility Studies Process optimization and de-bottlenecking Front-end and Basic Engineering In-house Detailed Engineering Global Strategic Sourcing EPC capability and experience Plant relocation expertise Financial Engineering capability We have been working together with clients and technology partners to deliver successful project solutions worldwide for more than 50 years 8

9 Chemtex Offices Chemtex Italy Chemtex China Tortona, Rivalta Shanghai, Beijing Chemtex USA Wilmington (NC) Sharon Center (OH)* * In association with M&G Polymers Annual Turnover: USD 300 MM Employees: 1000 Chemtex India Mumbai, Bangalore 9

10 Our Experience & Our Customers Highlights: Renewables: Bringing proven bio and alternative fuel technologies and application learnings to the marketplace. Energy and Environmental: Awarded 7 LNG projects in China in the last 4 years- bring clean fuel to remote locations. Polymers and Fibers: Installing more than 4 million TPA of polyester capacity in the last 3 years (more than 12 million TPA total). Technology Providers: Helping partners bring their offering to the international marketplace. Alliance Partners: Providing cost-effective engineering services from Chemtex India to reduce project engineering costs. 10

11 Selected Recent Projects 11

12 Technology Transfer Capabilities Chemtex offers more than 50 years experience in international technology transfer and has successfully implemented more than 100 of these projects. Chemtex offers expertise in managing and protecting IP with a carefully planned global sourcing strategy. With extensive Contracting and Marketing experience Chemtex offers support to commercialize technology worldwide. Chemtex can support technology provider through all the technology lifecycle from the idea, to pilot plant, extracting from the technology the maximum added value. Idea Commercialization Specialty Differentiated Commodity 12

13 Chemtex Technology Relationships Renewables Energy & Environmental Bio - Ethanol from Biomass, Cassava and others Bio Ethylene & Bio-Glycols Bio Diesel & Glycerine Purification Biomass Gasification LNG Plants and Storage Tanks Combined Heat & Power Generation Mechanical Biological Treatment for SRF Biogas recovery solutions Specialized Waste Water Treatment for heavy metals, high COD and Oil & Gas process water Fibers and Petrochemicals Polyester / PET, NGSS, Horizontal SSP Carbon Fiber Pre-Cursor Acrylic Fiber Acetic Anhydride, Cellulose Acetate 13

14 Supporting Technology Development Develop Project Economics Site selection Technical Support for EIA Identify Key suppliers (Global) Partnerships with OEM Develop Basic Design Package Design & Supply Commercial Facility Tech. Support (Construction & S/U) Pilot Plant Design Support Procurement Data collection with aim to commercialize Commercial Facility Identify markets & key Customers Continue Scale up IP Protection Optimize design - Localization Improve efficiencies Sustained Revenues (Projects & Licensing) IP protection Extensive experience in 1 st generation biofuels technologies Extensive experience supporting technology licensors and R&D 14

15 Chemtex R&D Locations: Rivalta, Italy Sharon Center, Ohio Scope of Activities: R&D on biofuel and renewable resources Operational pilot plant for bio-ethanol from ligno-cellulosic feedstocks Product Applications Support Slide 15 15

16 Chemtex Strategic Sourcing Global sourcing and logistics staff of 25 people located across the globe securing cost and delivery advantages for our clients. Over 50 years experience in global procurement and supply of equipment and materials. Review key equipment strategies for the projects and identify potential approaches to lowering overall cost Continuously develop, maintain and audit relationships with key suppliers to ensure best overall value and service. Utilize the in-house global network to identify best solutions considering multiple project opportunities, foreign exchange rates, logistics, duties, vendor capacity, service, etc.). 16

17 Chemtex EPC Capabilities Expertise to develop technology and produce FS, PDPs, FEL and BE packages. Process expertise and experienced execution teams to implement project solutions. In-house high value engineering center in India. Global sourcing network. International construction management. Ability to leverage strategic partnerships throughout the world. 17

18 Estrella Project, Brazil Suape Brazil: World s Largest Polyester 1,500 TPD PET Plant 18

19 Topics 1. Chemtex Overview 2. Cellulosic Ethanol Technology Biofuels - Are they worth it? Technology, Agronomy and Logistic Pretreatment, Hydrolysis and Fermentation Demonstration Plant - 40ktpa PROESA TM Technology Key Features

20 Biofuels Are they worth it? When: The CO 2 sequestered per hectare by the biomass used to produce them is high; They are economically convenient even with oil at US$/barrel; The production of biomass is eco-sustainable and convenient for the farmer. 20

21 The PROESA Objective Main objective: Developing a complete crop-to-ethanol value chain through a conversion technology able to transform selected ligno-cellulosic material into bio-ethanol in a sustainable way. Timeframe: 5 years ( ) 21

22 Center for Renewable Resources Fully equipped analytical and fermentation laboratories Pilot Plant 3000 m 2 dedicated to chemistry and technology from Renewable Resources 50 staff dedicated to R&D activities 22

23 Topics 1. Chemtex Overview 2. Cellulosic Ethanol Technology Biofuels - Are they worth it? Technology, Agronomy and Logistic Pretreatment, Hydrolysis and Fermentation Demonstration Plant - 40ktpa PROESA TM Technology Key Features

24 Technology & Process Achievements Biomass Steam Main section developed in R&D: Experimentation on field and selection of best energy crops. Pretreatment developing and testing. High solid content enzymatic hydrolysis reactor design. Test of enzymes with industrial partner. Fermentation test with industrial partner. Process Integration and basic Package definition. Patent Applications Filed: Eleven (11) 24

25 Agronomy and Logistics Biomass Steam Biomass: Experimentation on field done selected Arundo Donax and Fiber Sorghum as best energy crops candidate for ethanol production; Results up to 40 t/ha of dry matter; Low input in terms of irrigation and fertilization; Developed model for logistic of biomasses. 25

26 Agronomy and Logistics Availability of 60 hectares for R&D related to energy crops R&D activities done in order to find the best energy crop for ethanol production. 26

27 Why Energy Crops? No food competition. Relatively cheap compared to corn or other cereals. High cellulose and hemi-cellulose content. Can be intensively grown with high yield per hectare. Use of less water and fertilizers respect to cereals. Can be grown on marginal land. 27

28 Topics 1. Chemtex Overview 2. Cellulosic Ethanol Technology Biofuels - Are they worth it? Technology, Agronomy and Logistic Pretreatment, Hydrolysis and Fermentation Demonstration Plant - 40ktpa PROESA TM Technology Key Features

29 Pre-Treatment Technology Biomass Steam Pretreatment: Technical/economical evaluation and comparison of different existing pretreatments on selected biomass species. Lab and/or pilot scale tests on existing pretreatments on selected biomass species. New pretreatment process has been developed. 29

30 Pre-Treatment 30

31 Pre-Treatment New Pretreatment Process has been developed at batch scale. Engineering of continuous pretreatment 20 Kg/hr plant has been completed and started up. Advantages of Chemtex s Pre-treatment Process: Minimal request of feedstock size reduction. High flexibility towards different feedstock. Possibility to reduce energy consumption. No chemical addition - no special construction materials required. Easy to scale up. 31

32 Hydrolysis and Fermentation Biomass Steam Enzymatic hydrolysis: Defined best enzyme package for selected and pre-treated biomass. Modeling and development of high solid concentration enzymatic hydrolysis. Novel Hydrolysis Set Up. Hydrolysis reactor design and scale-up. Defined MO for high ethanol conversion. 32

33 Topics 1. Chemtex Overview 2. Cellulosic Ethanol Technology Biofuels - Are they worth it? Technology, Agronomy and Logistic Pretreatment, Hydrolysis and Fermentation Demonstration Plant - 40ktpa PROESA TM Technology Key Features

34 Demonstration Plant Key Features Production capacity: 40 ktpa. Production based locally available Arundo Donax and Wheat Straw. Plant will incorporate all technology features developed during the R&D project phases. Plant will demonstrate at commercial scale the new pre-treatment technology (PRIT). Plant will incorporate innovative Hydrolisis and fermentation step as part of the BIOLYFE FP7 Project. Plant will sell Dry Ethanol to major oil companies. 34

35 Topics 1. Chemtex Overview 2. Cellulosic Ethanol Technology Biofuels - Are they worth it? Technology, Agronomy and Logistic Pretreatment, Hydrolysis and Fermentation Demonstration Plant - 40ktpa PROESA TM Technology Key Features

36 PROESA Key Features Unique Pre-Treatment Process producing high quality, low cost sugar from cellulosic bio-mass Flexibility to use different kinds of biomass without hardware changes. High recovery yield for Cellulose and Hemi-cellulose. Only steam used - No chemicals. Low cost operation - capex and opex. Low sugar degradation and low level of contaminants (furfural, HMF) and possibility to reduce acetic acid concentration via state of the art technology. High quality low cost sugar released. 36

37 PROESA Key Features Energy integration through high efficiency burning of Lignin Lignin from from the process has sufficient fuel value to supply all plant energy requirements. The design of each plant includes a power generation unit. Lignin coming from the PROESA TM technology is free of sulfur, chlorine and ammonia and can constitute an unique base for producing chemicals from biomass. 37

38 PROESA Summary Scouting, testing and development of technology on lab scale Construction and tests on continuous pilot plant Construction of Demonstration Plant 40 ktpa Key Features: Capability to use a large variety of biomass as collected Unique Pretreatment producing high quality & low cost sugar from cellulosic biomass High efficiency in viscosity reduction enzymatic hydrolysis Simultaneous fermentation of C5 and C6 sugars Energy integration with high efficiency burning of lignin 38

39 Why Chemtex A superior technology offering: Cost competitiveness low capex (simplified flow schemes and no special materials of construction) and opex (no chemicals required in pre-treatment and energy integration). Feedstock flexibility energy crops or agricultural wastes. Uniqueness IP protection through 11 patent filings. Experience Continuous pilot facility in operation since June 2009 and demonstration plant targeted for start-up in Q4, 11. Commitment by Chemtex, M&G and its partners to continuous development/improvement. Extensive experience with technology transfer. Flexible project solutions based on client needs. Capability to support client also in the development of the agronomic supply chain. 39

40 Copyright and Disclaimer Copyright Copyright of all published material including photographs, drawings and images in this document remains vested in Chemtex and third party contributors as appropriate. Accordingly, neither the whole nor any part of this document shall be reproduced in any form nor used in any manner without express prior permission and applicable acknowledgements. No trademark, copyright or other notice shall be altered or removed from any reproduction. Disclaimer This Presentation includes and is based, inter alia, on forward-looking information and statements that are subject to risks and uncertainties that could cause actual results to differ. These statements and this Presentation are based on current expectations, estimates and projections about global economic conditions, the economic conditions of the regions and industries that are major markets for Chemtex and Chemtex s (including subsidiaries and affiliates) lines of business. These expectations, estimates and projections are generally identifiable by statements containing words such as expects, believes, estimates or similar expressions. Important factors that could cause actual results to differ materially from those expectations include, among others, economic and market conditions in the geographic areas and industries that are or will be major markets for Chemtex s businesses, oil prices, market acceptance of new products and services, changes in governmental regulations, interest rates, fluctuations in currency exchange rates and such other factors as may be discussed from time to time in the Presentation. Although Chemtex believes that its expectations and the Presentation are based upon reasonable assumptions, it can give no assurance that those expectations will be achieved or that the actual results will be as set out in the Presentation. Chemtex is making no representation or warranty, expressed or implied, as to the accuracy, reliability or completeness of the Presentation, and neither Chemtex nor any of its directors, officers or employees will have any liability to you or any other persons resulting from your use. The Chemtex group consists of legally independent entities, constituting their own separate identities. Chemtex is used as the common brand or trade mark for most of these entities. In this presentation we may sometimes use Chemtex Global, Chemtex Group, we or us when we refer to Chemtex companies in general or where no useful purpose is served by identifying any particular Chemtex company. 40