Polyflow
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Transcript of Polyflow
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Polyflow – What We Do
The Polyflow process utilizes mixed dirty polymer waste as a replacement for crude oil in the manufacturing of valuable petrochemicals and fuels.
This provides a unique difference compared to other processes in the ability to convert a low cost raw material into a high value end product without significant sorting or cleaning costs.
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The Technology:
The base technology is pyrolysis
Polyflow has developed the algorithms of dependent process factors in a production environment including:
– Anaerobic environment– Vertical and longitudinal thermal profile– Volumetric heat input– Specific reaction space requirements– Surface chemistry conditions– Critical moving bed conditions– Mixed polymer waste
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The Technology:
The Polyflow technology operates with :– No catalysts– Low temperature, low oxygen and low pressure– A high conversion rate for dirty polymer input
(69% to 83% conversion depending upon inert content)– Produces valuable aromatics and other petrochemicals
(Styrene, Ethyl benzene, Toluene and Cumene.)
The benefits of that environment include:– Low temperature (we don’t melt aluminum so we can recover most
entrained metals in the polymer waste)– Low oxygen (we don’t burn the plastic which creates dioxins and
released CO2 to the atmosphere)– Low pressure (reduces complexity and increases life of equipment)- Real world tolerance for variability (reduces operating costs)
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Input to the Polyflow Process
PyGas Char Off Gas
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Output of the Polyflow Process
Mixed Polymer Waste Stream
69% PyGas 13% Char 18% Off Gas
35% Valuable Aromatics
65% Gas & Diesel These are burned to
continue fueling the process
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The Market:
7% of oil and gas consumed in the US is used in the manufacturing of plastic and rubber.
– $39,660,000,000/yr ($75.00 per barrel pricing)
93% of all plastic and rubber ends up in landfills. ****2007 EPA report on waste
$36.9 billion untapped opportunity to harvest the polymer waste stream as a feedstock that replaces oil.
A ton of plastic waste is worth more than a ton of crude oil. Polyflow has the technology to capitalize on this opportunity.
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External Influences– Increased environmental focus– Alternative energy/dependency
on foreign oil– Oil price volatility/future reserve– Constraints on opening new
landfills– Recycling technology
improvements in waste streams.– Negative public view on
polymers. (bag bans, water bottle bans, etc)
An ideal technology for today’s business environment.
A convergence of external and internal factors to make Polyflow the right technology at the right time
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An ideal technology for today’s business environment.
Inside Influences:• Designed and assembled pilot facility• Proof of Chemistry - Independent lab results from
over 50 runs to prove the chemistry of the process:– Critical process design parameters– Repeatability of the process– Ability to vary the input feedstock and maintain
results• Proof of Production - processing over 6 tons of
polymer waste we have proven the production:– Availability of feedstock– Yields of the process – Energy requirements – Value of the end product
• Assembled mgmt team and supply partners to develop a shovel ready project.
• Resolved IP rights and have furthered the patent process.
• Enlisted support from OEC, Sierra Club, ACC, Solid Waste Districts, municipalities, etc.
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Why have other technologies struggled?
Cost of Raw Material Delivered
Value of End Product
CreateElectricity
WasteDisposal
LowYield
HighConv Cost
ExpensiveCatalysts
EmissionsCleaning
Excess Sorting
Need For
Clean Material
LimitedLocal
Supply
OnlyHandlesA Few
Plastics
HighLaborCost
Profit Losses
$
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Why is Polyflow Different?
Cost of Raw Material Delivered
Value of End Product
DirtyPlastics
Ample LocalSupply
Mixed Plastics
LowEnergyNeeds
NoHazard.Waste
PetroChem.Prod.
Profit Losses
$
HighYield
NoCatalysts
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Quality of Polyflow Product
Distillation Curves for Polyflow Liquids vs. West Texas Intermediate and #2 Fuel Oil
0
100
200
300
400
500
600
700
0 10 20 30 40 50 60 70 80 90 100
Cummulative Mass Loss, %
Boilin
g Poin
t, °C
Polyflow average W Tx Intermediate #2 Fuel Oil
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Business Model – Basic PremisePolyflow Starts with a Compelling Cost Advantage
Raw Material
Refining Cost
Refining Cost
Margin
Margin
0
100
200
300
400
500
600
700
800
900
Polyflow Crude Oil
($/to
n)
Raw Material
Fuel Market Economics
Polyflow produces high value commodity materials from low cost raw materials available in excess, locally
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Patented &Patent PendingTechnology
United States Australia Brazil Canada China Taiwan European Union India Indonesia Korea Mexico Philippines
Issued 3/18/2008
A basic chemistry patent on the conversion of mixed polymer waste to aromatic chemicals.
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Steps To Commercialization:
Demonstrate proof of chemistry (completed) Operate production processor to prove out throughput,
yield and energy requirements for business model (complete)
Design high volume production processor (A-level is complete)
Build high volume production plant (part of funding requested)
Design scaleable high volume production plant for sale to others (part of funding requested)
Implement concurrent plants around the world. (future funding on a case by case basis)
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Polyflow Technology
•8 Polyflow processors running in parallel provide redundancy.
•Energy efficient
•High conversion rate
•Very high profitability
•Reduces dependency on outside refining.
Scalable:16,000 to 150,000 tons/yr feed11,000 to 102,000 tons/yr product1/3 of product is chemical feedstock.2/3 gasoline and diesel fuel
SOLIDS
PolymerReceiving and
Processing
PolyflowBlack-Box Technology
Char/Coke/Metals
REFINERY Diesel
Fuel
HighOctane
GasolineBlendstock
ChemicalFeedstock
Liquids
Large Plant Only
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Cost for first single processor plant?
$10.0 MM for a single unit production plant– Design, permitting, constr. $1.1MM– Plant and equipment $5.3MM– Design of full plant $0.5MM– Corp. overhead (1.5 yrs) $0.5MM– Operating cost of plant $1.4MM– Contingency $1.2MM
Includes required corporate costs to further the intellectual property, design for future plants and market the growth strategy.
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Polyflow Single Processor Facility
2.5 Ton per hour
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What resources do you have to implement this?
Strong team of experienced chemical engineers, project managers and business managers.
Strong advisory board. Experienced partners capable of supporting
an aggressive growth strategy
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Management Team
Jay Schabel (CEO) – – Prior technology startups (mim, alum. Mini-mill, cont. copper plating) – Acquired and integrated over 20 businesses to create an $350MM entrepreneurial organization
Joe Hensel (Chairman and Business Development) – Norton St. Gobain ceramics and polymer development– Ohio Polymer Enterprise Development lead business development for new technology
commercialization.
Dick Schwartz (Technology Backup/Advisor)– Phd Chemist working along side inventor since 2002.– Polymer development experience at PPG and Firestone.
Charlie Grispin (Technology Inventor/Developer)– Over twenty years experience with the technology.– Akron University degree in quantum chemistry.
Mehmet Gencer (Technical Advisor)– Built and operated Pyrolysis reactor for competitive technology in Poland, Turkey and Taiwan.
Vinny Gupta (JumpStart Tech Lift Advisor)– Mentor for the development of the company to achieve a viable business.
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Board of Advisors
Dr.Frank Kelley – Retired Dean of College of Polymer Science and Engineering at the University of Akron.
John Ong – Previous Chairman and CEO of B.F. Goodrich Co. Appointed Ambassador to Norway.
Phill Ashkettle – Ex CEO of MA Hanna. Facilitated the merger of MA Hanna with Geon Co. to form PolyOne.
Rick Jordan – Waste industry strategist. Past director of the Solid Waste Association of North America.
Calvin Cobb – Petroleum Industry strategist with Invensys and Cap Gemini.
Ira Kaplan – Managing Partner Benesch Friedlander Coplan & Aronoff LLP
Jim Sacher – Partner at Skoda Minotti
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Growth Partners
?
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Summary of Benefits
A very profitable solution to polymer waste. Produce stably priced, high value, virgin chemical feedstocks. Help provide an extension of life for products made from oil. Create revenue for municipalities. Make plastic more recyclable than glass. Reduce the cost of disposal of industrial and commercial
polymer wastes. Produce 70% less CO2 than incineration. Extend the life of landfills. Will increase recycling rates and recovery of other materials for
the recycling industry.
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For Additional Information
Polyflow LLCJay Schabel, Director, Business Development
440-773-3517 (Cell)
526 S. Main St., Ste 230,
Akron, OH 44311