cost competitive bio-aromatics - ascension · pdf fileü program management ......
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Cost Competitive Bio-Aromatics Anatoly Garelik
Director, Alliance Management & PlanningM +1 516 810 5770 : [email protected]
June 2016
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No Bio-oil intermediate
Low oxygenates = only mild Hydro-treating
Single step reactor process produces BTX not bio-oil
• Renewable,cheap&abundantnon-foodfeedstocks,eg.,wood,cornstoverandbagasse.Notsugar.
• Efficient one-reactor catalytic process– ProcessgoesdirectlyfrombiomasstoBTXinonestep– Eliminates highly oxygenated bio-oil intermediate found with multi-step
pyrolysis– Avoids associated need for substantial amounts of costly hydrogen
Cost+BioLargeaddressablemarketof$100B+acrossmultipleverticalendmarkets
Cost Competitive with Petro-BTX
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/ Ecostrat
Softwood Pulpwood Price Trendsin the US as of 2015
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Data provided by Ecostrat Inc.
Information provided is high-level, averaged over regions. All prices are provided in USD per short ton delivered (~50 miles on average).
Meet the Anellotech AllianceTechnology, Catalyst, Engineering, Marketing
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ü Program Managementü Research & Developmentü Pilot Plants
ü Catalyst Technologiesü Formulationsü Catalyst Supply
ü Process Developmentü Modeling & Hydrodynamicsü Scale-Up
ü Process & Plant Designü Technology Licensing & Marketingü Start-Up & Operations Support
Globalconsumerbeveragecompanywithmarket-leadingbrands
• $20B in annual revenues; 37,000 employees
• Promotes various initiatives to reduceenvironmental impact throughout entire valuechain
• Features 30% plant-derived PET packaging in Japan
• Pursuing the development of a 100% bio-bottlethrough Anellotech partnership
• Already provided over $15 million funding toAnellotech program since 2012
Suntory TennensuiMineral Water
in 30% Bio-PET Bottle
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Suntory
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Operations
Commercial Plant Site
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Partnering Opportunities
v Potential Strategic Partnering Opportunities
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BiomassStandard
Aromatics Processing
Downstream Processing
Biomass Suppliers
Catalyst Development
HydrotreatingProcess Development
Px-PTA-PET Conversion
Benzene
Toluene
Xylene
Polystyrene, Rubber
Polycarbonate, Epoxy, Phenolics
Nylon
Polyurethane
PET resins and films
Detergents
Bio-MEG
BZ Conversion
Process Design
Anellotech Bio-TCat Process
BTXPurification
OPPORTUNITY
Consumer Market - PET
Commercial Development Plan• CompletedconstructionofTCat-8™fully-integrated25
meter-talldevelopmentandtestingfacility– JointlydesignedbyAnellotechandIFPENover18
months– R&Dcatalystunderjointdevelopmentby
AnellotechandJohnsonMattheysinceSept2014– Installationandoperationsin2016atSouth
HamptonResources’facilityinSilsbee,Texas
• TCat-8™studiestoconfirmtheviabilityandsuitabilityoftheBio-TCatprocessforscale-up
• Generatethedataneededtodesigncommercialplants
• AfterverificationofthecontinuousoperationofTCat-8,Suntoryplanstomoveaheadwithstudiestoconsiderthedevelopmentofthefirstcommercial-scaleBio-Tcat™plant
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• Operatingcontractor/sitehostforTCat-8atTrecorasubsidiarySHRinSilsbee,TX
• Leveragingdeepexperienceandexpertstaffofchemicalplantoperators,maintenancecraftsmen,plantsupervisors,ESHandanalyticalpersonnel
South Hampton Resources• Proventrackrecordofefficientlyandsafelyconstructing,hostingandoperating
chemicalprojects
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May 2016
Threefull-timeseniorIFPENengineersandtechnicalexpertsatAnellotechsitefor2yearsbeginningin2016
ExtensiveactivitiesatIFPEN’sLyon,R&Dcenter• Catalyticreactormodeling• Catalystregeneratordesign• Analytical• Aromaticsprocessing
IFPEN Expands InvolvementDec. 2015: Additional Resources in USA & France
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100% Strategic Partner FundedAll Motivated for Commercial Success
• Development partners’ involvement highly motivated:– Future licensing and engineering services revenues– Catalyst sales to licensees
• Our operating company partners are motivated by first availability of cost competitive bio-aromatics.
• Additional funding/strategic partners sought to support development and participate in the future success of the Bio-TCat technology. – Aromatics derivative producers and consumers (i.e. brand owners)– Refiners– Biomass feedstock and equipment suppliers
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Highly interactive, results-driven collaborations, focused on commercial process economic success.
Aggressive new partners sought to leverage an established platform
• Suntory is pioneering Bio-pX for 100% renewably produced PET
• Additional plants needed to serve PET followers• Cost-competitive aromatics stream enables:
– First mover advantage in industrial chemicals & polymers– Fuels play
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p-XyleneDemand Generation
Finally - a Renewable source of Benzene
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Product Benzene, % w/w Major Markets
Polystyrene (EPS, PS) 74 Packaging
Nylon 6 70 Outerwear, engineering resin
Polycarbonate 62 Auto, construction
Epoxies 35- 55Adhesives, electrical, paints and coatings,
Nylon 6,6 34 Outerwear, engineering resin
Acrylonitrile butadiene styrene (ABS)
30-45 Auto, appliance, construction
Linear alkyl benzene (LAB)
28-36 Industrial and institutional detergent
Polyurethane 25-53 Auto, appliance, household, construction
Styrene butadiene rubber (SBR)
17-30 Tires, manufactured rubber goods
Note:Largevariationsinbenzenecontentofepoxies(formulation,hardeners,fillers),ABS(formulation),linearalkylbenzene (chainlengthofparaffin),polyurethane(formulation),andstyrenebutadienerubber(formulationtoservicerequirements).
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Large, receptive markets for drop-in, cost competitive, renewably produced benzene
• Renewable cellulosic biofuel we call ‘AnelloMate’
• Cost competitive with petro-based fuels & blendstocks
• Fungible with pipelines, refinery blending systems, fuel distribution and service station infrastructures
• Many product-related advantages over ethanol– No oxygenates– Less sulfur– Higher energy density– Greater RIN value in USA
Fuels via the Bio-TCat™ ProcessRenewable Gasoline Blendstock
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Anellotech Summary
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• Thermalcatalyticbiomass conversion (Bio-TCatTM)ofnon-food cellulosics for
– Petro-costcompetitive aromaticsbenzene,toluene,xylenes(“BTX”)
– Fuels:Highoctane,lowRVP,fungible,renewablefueltomeetrenewablemandates
• 100%strategicpartnerfunded, licensingbusiness model
• In-depth, longterm,highlycollaborativejointR&Dpartners
• JohnsonMattheyJointCatalystDevelopment&Manufacturing
• IFPEN Joint ProcessDevelopment&ScaleUp
• Axens Process Licensing,Engineering/tech Support
• Funding bymultinationals seekingearlyaccesstocostcompetitivebio-aromatics,including…
• Suntory(announcedJan2016,>$15MM)
• ConfidentialStrategic($10millionfundingAug2015,Feb-Mar2016)
• Fully integrateddevelopment andtestingunitstart-upin2016
• Commercialplantbyendofthisdecade
• Anellotechseeks synergisticpartneringopportunities
• Bio-benzeneandotherBTXderivativesuppliersandtheirbrandownercustomersthatwantafirstmoveradvantage
• Refinerslookingforalternativerenewablefuelblendstocks
401 North Middletown RoadBuilding 170A
Pearl River, NY 10965T: +1-845-735-7700
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