for 2nd Generation Biofuel Technology (Proven Equipment = Easy ScaleS



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Fiber and Chemical Division, BusinessB usiness Unit nit BioFuel BioFuel Equipment - derived from Pulp & Fiberboard applications for 2nd Generation Biofuel Technology (Proven Equipment = Easy ScaleS cale-up) Placeholder for picture(s); the gray area must be filled COMPLETELY with one or more individual picture(s) Fiber and Chemical Division Global Business Unit Biofuel

Legal Disclaimer All data, information, statements, photographs and graphic illustrations contained in this presentation are without any obligation to the publisher and raise no liabilities to Andritz AG or any affiliated companies, nor shall the contents in this presentation form part of any sales contracts, which may be concluded between Andritz Group companies and purchasers of equipment and/or systems referred to herein. Certain statements contained in this presentation constitute forward-looking statements. These statements, which contain the words believe, intend, expect and words of similar meaning, reflect management s beliefs and expectations and are subject to risks and uncertainties that may cause actual results to differ materially. As a result, readers are cautioned not to place undue reliance on such forward-looking statements. The Company disclaims any obligation to publicly announce the result of any revisions to the forward-looking statements made herein, except where it would be required to do so under applicable law. 2

The ANDRITZ GROUP Overview Company ANDRITZ AG, Graz, Austria (Group headquarters). More than 120 production and service sites worldwide. Employees: approximately 15,900 worldwide (as of March 31, 2011). Order intake: 4,132 MEUR. Key figures 2010 Sales: 3,554 MEUR. Net income (including non-controlling interests): 177 MEUR. Equity ratio (as of December 31, 2010): 19.7%. Products and services Plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed, and biofuel). 3

ANDRITZ global presence: Over 15,900 employees - 120 service and manufacturing sites around the globe Helsinki, FL GlensFalls, NY Vienna, AUT Graz (Headquarters), AUT Roswell, GA Foshan, CN Curitiba, PR 4

ANDRITZ GROUP Employees by region South America: 7% Asia (excl. China): 9% Others: 2% Europe: 63% North America: 10% China: 9% Total approx. 15,900 employees 5

The ANDRITZ GROUP A world market leader in most business areas (2010-4,132 MEUR total order intake) ~30-35% of Group s order intake. ~10% of Group s order intake. ~5% of Group s order intake. ~40-45% of Group s order intake. ~10% of Group s order intake. Systems for production of all types of pulp and certain paper grades. Systems for mechanical and thermal solid/liquid separation. Systems for production of animal feed and wood/ biofuel pellets. Electro-mechanical equipment for hydropower plants; pumps. Systems for production and processing of stainless steel and carbon steel strips. Andritz Bio-Fuel Business 6

ANDRITZ biomass technologies Ways of converting biomass into heat, electricity and fuels Market expectations Biomass preparation Biomass boiler Heat/electric power Drying Pelletizing Households Heating warm water Integrated gasification combined cycle Heat/electric power Solid biomass Thermochemical conversion Gasification Pyrolysis Syn-gas Pyrolysis oil Synthetic natural gas Bio-Diesel Fischer-Tropsch Dimethylether Oil boiler Biofuel Biofuel Biofuel Heat/electric power Bio-chemical conversion Fermentation of starch based Biomass Pretreatment fermentation of cellulosic Biomass Bio-Ethanol 1 st generation Bio-Ethanol 2 nd generation Biofuel Biofuel Mechanical-chemical conversion Pressing of oil out of seeds and oil rich plant + conversion Bio-Diesel 1 st generation Biofuel 7 Process offered by ANDRITZ CONFIDENTIAL

Complete Solutions for Pulp and Paper for chemical pulp for mechanical pulp for recycled fibers 8

Energy and Biomass ANDRITZ in 2nd Generation Ethanol Production Non-food raw materials only (Wood chips and residuals, Energy woods, Cereal Residues, Sugar Production Residue, Forages & grasses) Focus on Biochemical pathway using chemical pre-treatment and enzymatic or bacterial generation of sugars for fermentation to ethanol and butanol ANDRITZ is working with this emerging industry on customized demo scale and commercial production systems based on established Andritz know-how in Biomass handling Reactor design Liquid/Solids Separation, including pressing, filtration and evaporation Processes for 2nd Generation Ethanol Production 6 pilot systems and 1 commercial system sold 9

Energy and Biomass ANDRITZ in 2nd Generation Ethanol Production Early separation of the hemi-cellulose from the biomass improves ethanol yield A true continuous steam explosion system for more efficient enzyme treatments Combine the two into ANDRITZ Advanced Steam Explosion System Conceptual Flowsheet Customer s Pilot Plant Pre-hydrolysis C5 Extraction Steam Explosion 10

Andritz 2 nd Generation Ethanol Production Capabilities Andritz aims to become a major equipment and process supplier to the cellulosic ethanol industry Raw material handling: Wood and wood residues Annual plants (non-food) Agriculture residues (non-food) Pretreatment Hydrolysate separation Steam Explosion Enzymatic Hydrolysis C6 Fermentation Other chemicals (furfural, acetic acid, etc.) (Evaporation) C5 Fermentation Distillation Dehydration Ethanol Other chemicals (furfural, acetic acid, etc.) Stillage Treatment Lignin Separation Steam Generation Power 11 processes offered by Andritz

LignoCellulosic Structure 12

Generalized Biomass to Ethanol Processes-details Enzymatic Hydrolysis - uses enzymes to cleave the carbon-oxygen-carbon link in cellulose molecule Acid Hydrolysis - uses acidic protons (H+) to cleave the carbon-oxygen-carbon link in cellulose molecule Strong, or Weak acid (i.e., concentrated, or dilute) Sulfuric, Hydrochloric, Nitric, Hydrofluoric, and so on. Combination of acid/enzymatic hydrolysis Structure of the cellulose molecule Site of attack by enzymes or acid 13

Generalized Biomass to Ethanol Process Biomass Pretreatment Hydrolysis Fermentation Purification Ethanol Waste water Steam Solid residuals Power generation 14

Enzyme Hydrolysis Process / Steam Explosion Criteria & Severity Factor to characterize SteamEx Temperature / Pressure & Time Consistency 40-55% Above 60% insufficient moisture / water in micro-fibrills > 55% - acidic acid gets diluted (auto-hydrolysis) Formula: (T-100) R = t*e 14.75 0 R 0 = severity factor t = time in minutes T = Temp. in C Allows to compare different process conditions 15

Steam Explosion Fiber De-structuring through Steam-Ex Red Oak Poplar 16

Steam Explosion Creation of lignin spheres (balls) during hightemp well > glass transition Temp 17

Typical 2 nd Generation Ethanol Mill Pre-treatment, saccharification and fermentation PreTreatment Enzymatic Hydrolysis Biomass Handling C6 Fermentation Steam Distillation C5 Fermentation Electricity Power Boiler Lignin Separation & Drying 18

Andritz Systems for various BioMass Options Woody / Tree crops Wood chips, HW & SW-residual (birch, poplar, eucalyptus, ) Engineered high efficiency wood-crops (hybrid poplar, shrub willow, ) Cereals Corn stover / stalks, cobs & corn fiber Wheat & barley straws Sugar crop residual Sugar cane & energy cane bagasse Sweet sorghum residual Forages & grasses Switch grass (panicum virgatum) & other prairie grasses Alfalfa Jose tall wheat grass, wild rye, bermuda grass (cynodon dactylon), bahia grass (paspalum notatum), napier grass (pennisetum purpureum) Miscanthus, arundo donax (giant reed) & other high yielding grasses 19

Feed-Stock Handling Stoker Silo (moving floor) Stacking & Blending Portal Cranes Reclaiming 20

Reactor & Gasifier Feed Equipment Plug Screw Feeders, MSD s & Rotary Valves Rotary Valves / Rotary Feeders This is an Andritz Plug Screw Feeder running at well over 1500 bdmt/d of wood chips MSD Impressafiners, a high compression screw device, feeding various reactors with low and high density feed-stocks 21

Plug Screw Feeder / MSD Physical Principle of Operation Material Handling Inlet Housing Flow of material Screw 3D-Design Compression Housing 22

Andritz MSD Impressafiner MSD 500 23

PSF / MSD - Blow Back Damper 24

End View of Rotary Valve 18 Model 71 Depicted 25

Steam / Chemicals Mixing Screw 26

Andritz Biomass Reactors Chemical Pulping Digester at Fibria, Tres Lagoas, Brazil. Start-up April 2009. Diam. 10.7m by 58m high Processes 7200 BDt/d of eucalyptus wood chips (~31 m 3 /min) Next plant sold to process 8200 BDt/d 27 CONFIDENTIAL

Horizontal / Steam-Ex Reactor Hydrolyzer / Reactor Discharge - Details 28

Horizontal / Steam-Ex Reactor Vertical Discharge Device 29

PROPRIETARY INFORMATION Steam-Ex Discharge SED HP-Reactor Vertical Discharge Device CONFIDENTIAL 30