Rivertop tyler smith wbm usa 2014

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Novel ChemicalsUNLOCKING APPLICATIONS FOR BIO-BASED CHEMICALS THROUGH A NOVEL SUGAR ACID PLATFORM Tyler Smith, PhD – VP of R&D WBM USA 2014 October 28, 2014 1

Transcript of Rivertop tyler smith wbm usa 2014

Page 1: Rivertop tyler smith wbm usa 2014

Novel Chemicals™

UNLOCKING APPLICATIONS FOR BIO-BASED CHEMICALS THROUGH A NOVEL SUGAR ACID PLATFORM

Tyler Smith, PhD – VP of R&D

WBM USA 2014 October 28, 2014 1

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October 28, 2014 WBM USA 2

RIVERTOP > Versatile chemical oxidation technology for producing novel chemicals from renewable feedstocks.

First to bring a low cost supply of glucaric acid, a top 10 renewable chemical, to the market.

HO

OH

OH

OH

OH

O

OH

O

HOO

HOOH

OH

OH

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RIVERTOP’S BREAKTHROUGH: SUGAR ACID PRODUCTION COST AND SCALABILITY

WBM USA

One-pot oxidation + no NOx release = Low-cost process

Rivertop Process

NOx

Nitric Acid

Oxygen

NOx

Nitric Acid

NOx

Conventional Process Sustainable • Catalytic closed-loop • 95% nitric recycled • Feedstock flexible

Cost Savings • 35% on raw materials • 30-50% on plant capital • Reduced permitting costs

Scalable • Proven at pilot scale • Standard equipment

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October 28, 2014 WBM USA

Innovation

HNO3 O2 + H2O + NO

HNO3 + Glc GA + NO Adipic Acid Process (DuPont)

HNO3 + KA oil Adipic Acid + N2O

Ostwald Process (BASF)

4NH3 + 5O2 4NO + 6 H2O 2NO + O2 2NO2

3NO2 + H2O 2HNO3 + NO

Rivertop’s Process

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Nitric acid production

Nylon 6,6 Intermediates

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Pilot Campaign

7,700 lb

DUAL MANUFACTURING PATHS

October 28, 2014 WBM USA

2010 2011 2012 2013 2014 2015 2016 1st Gen Process

Lab Scale Demonstration

1 kg/batch

1st Commercial Plant

8 MM lb/year

Semi-Works Design

2013 2014 2015 2016 2017 2018 2nd Gen Process

Semi-Works Online World Scale

Plant

100 MM lb/year

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117,000 lb/year

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RAPID PATH TO COMMERCIAL PRODUCTION

• Demonstrated process scalability – Produced 7,700 lb of glucarate product w/ DTI

(Danville, VA) in 2012 – Leveraged DTI expertise in oxidation chemistry

• First commercial scale plant under development – 8 MM lb annual glucarate capacity for less than $1

CapEx per lb of output – Option to expand production capacity

• Commercial scale plant project made possible by investments from…..

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Leveraging low capital cost and contract manufacturing partners to achieve scale

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RIVERTOP’S 3-S STRATEGIC PRIORITIES

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Scale Scale

Standardization Standardization Standardization

Standardization Standardization

Manufacturing scale = Cost attractiveness

Speed to scale + Speed to market

Become industry standard across chosen end markets

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RIVERTOP VALUE PROPOSITION - SUPPORTING MARKET DEVELOPMENT

October 28, 2014 WBM USA

Cost Attractiveness Technical Performance

Customization Supply Access & Availability Sustainability Platform Versatility

De-icing – corrosion inhibition

Consumer detergents

Industrial & institutional cleaning

Paint additives

Food & beverage

Partnering

Oil & gas

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EXAMPLE 1: Riose® DETERGENT BUILDER

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0

50

100

150

200

250

300

350

pH 11

mg

CaCO

3 /

g Se

ques

terin

g Ag

ent

MGDA STPP Riose®

Citrate

O

Al

O

HO

HO

O

O

O

O

HO

HO

Ca2+

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AUTO DISH PERFORMANCE

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Test formulation w/ Riose® detergent builder

Current Commercial Formulations

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EXAMPLE 2: Headwaters® CORROSION INHIBITOR

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Anti-icing reduces salt usage 3x-7x!

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Salt brining presents a perfect opportunity to incorporate

corrosion inhibitors

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Uninhibited brine

Brine w/ 3.5% Headwaters®

corrosion inhibitor

Coupon cleaning

Coupon cleaning

70+% reduction in corrosion

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RIVERTOP’S PLATFORM TECHNOLOGY

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Same process, multiple products possible

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Novel Chemicals™

[email protected]

THANK YOU!

October 28, 2014 WBM USA