+ All Categories
Home > Documents > ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or...

ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or...

Date post: 17-Apr-2018
Category:
Upload: nguyenkiet
View: 221 times
Download: 4 times
Share this document with a friend
15
ENABLING THE BIO-ECONOMY APPLICATIONS CENTER 15 T W Alexander Drive Durham, NC 27703, USA PROCESS OPERATIONS CENTER 5516 Industrial Park Road Norton, VA 24273, USA BIOTECHNOLOGY CENTER Génavenir 1, 1 rue Pierre Fontaine 91000 Evry, France
Transcript
Page 1: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

ENABLING THE BIO-ECONOMY

APPLICATIONS CENTER

15 T W Alexander Drive

Durham, NC 27703, USA

PROCESS OPERATIONS CENTER

5516 Industrial Park Road

Norton, VA 24273, USA

BIOTECHNOLOGY CENTER

Génavenir 1, 1 rue Pierre Fontaine

91000 Evry, France

Page 2: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com2

The Current Bio-Economy Disconnect

Non-food biomass Biobased applications

High sustainability

High availability

Low revenues

Limited sustainability and

high price volatility of

source material

High value

Page 3: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

C5; C6 sugars & lignin

Bio-based chemicals materials

animal feed…

Enabling a sustainable bio-economy

Non-food biomass

Benefits

o Significantly improve the economics of lignocellulosic chemicals production,o Significantly reduce the loading and the cost of enzymes o Improve sugar and co products yieldso Avoid production inhibitorso Improve overall process economics

Page 4: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com4

Arbiom’s Value Proposition

Glucose

430kg

Pentose

195kg

Lignin

250kg

Others

125kg

Ligno

cellulose

1000kg

$0-$100 $595+

Current applications Emerging

applicationsBio-ethanol

Lactic acid

Citric acid

$127bn in 20131

Xylitol

$670m in 20132

Energy

Phenolic resins

Road binders

$300m market4

Bio-fertilizer

BTX

Carbon fibers

Activated carbon

$130bn addressable market5

Advanced fermentation

applications

• Butanol

• Succinic acid

• Butanediene

• …

$1,4tn bio-economy market3

1 Opportunities for the fermentation-based chemical industry – Deloitte 20122 Xylitol – A Global Market Overview - Report buyer 20133 The Advanced Biofuels and Biochemicals Overview - Silicon Valley Bank 20124 Transparency Market Research5 High value opportunities for lignin – Frost and Sullivan 2012

Page 5: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com5

Arbiom’s Protein Production

Cell

growth

MediaC5, C6,

phosphates

650kg

Ligno

cellulose

1000kg

Protein

rich

(60%)

Animal

Feed

335kg

Fractionation

+ HydrolysisLignin burned for energy

Yeast growth

+ separation/drying

Page 6: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com6

Patented bio-compatible technology

Bio-fertilizer

C6 sugars

C5 sugars

Lignin

Biorefining technology developed by a biotech companyRespect of the value of living material: low temperature, phosphoric acid

• Low temperature preserves all components of the biomass

• Phosphoric acid lowers enzyme cost and maximize compatibility

• Compatible with wide array of lignocellulosic materials

Lignocellulose

EnzymesPretreatment

Page 7: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

Classic 2nd Gen ARBIOM

Severity High severity>150°C, entails chemical degradation

Low severity<70°C, preserves chemical structures

Lignin output BurnedDegraded lignin burned for energy

Valorized as chemicalHigh value chemical

Cellulose output Crystalline Low reactivity, contaminated with inhibitors

Amorphous High reactivity, no inhibitors

fermentability Low , with inhibitorsContaminated with inhibitors

High – no inhibitorsHigh reactivity, no inhibitors, laced with phosphates

Residue Requires need detoxificationdue to products/biomass degradation

FertilizerMinerals with traces of phosphates

Corrosion HighHigh temperature and/or strong acid

Low/noneLow temperature, weak acid

Feedstock Specific AgnosticSuccessfully tested on most LC biomass

Plant sizeLarge

Requires concentrated production of vast amounts of

biomass

Small to largeCan accommodate distributed biomass production

through smaller units

Hydrolysis time 72h 24h

Enzymes requirementsHigh

High enzyme OPEX costs

Complex cocktail

Very lowLow enzyme OPEX costs

Easier enzyme cocktail optimization

7

Technological advantages

Page 8: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com8

De-risk DevelopmentArbiom plateform can be used in various process steps for optimal results in

conversion of lignocellulosic material to value-added chemicals.

It is the first taillored solution designed to improve the performance of strains

and to optimize the overall economics of bioprocesses

Page 9: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com9

LocationsUSA Applications Center

Durham, NC

USA Process Operations Center

Norton, VA

France Bio-Technology Center

Evry, France

Page 10: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

Feed applications from non-food biomasso Inhibitor less cellulosic sugars with traces of phosphate are a

perfect substrate to optimize the growth of non GMO single cell

proteins.

o High yield, low footprint proteins for animal feed

o Perspective for L Lysine and Methionine optimized proteins

Consolidated bio-processo Amorphous cellulose is “easy” to hydrolyze: single organism can

combine both hydrolysis and conversion operations

o Demonstrated in lab on lactic and succinic acid

| www.arbiom.com10

Technology Projections, new value

creation

Page 11: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com11

Business Model 1/2

Licensing of technology Bio-refineries (co)-operation

Revenue ModelSale of licenses

Sale of consumables (enzymes)

Deployment services

Sell of bio-based intermediates

produced by biorefineries (co)

developed and owned by Arbiom

Clients

Biomass producers (agriculture and

forestry)

Biomass stakeholders (pulp an

paper, energy)

Fuels and chemical industry

players intending to secure

biobased sourcing

Biobased chemicals, fuels and

materials applications operators

Capital

requirements

-

(supported by third party)

++

(financing of industrial units)

Page 12: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

| www.arbiom.com12

Business Model 2/2

250kt Bio-refinery

CAPEX $174M

OPEX $71M/year

Revenues $149M/year

Operations

Invested capital $70M

Debt $104M

EBITDA $78M/year

NPV $531M

IRR 36,4%

Technology licensing

License $11.2M

Rev engineering $3.5M

Rev enzymes $8M/year

Arbiom will also engage in structuring

projects for 3rd parties (securing of sites,

permitting, applications) that will increase

the value of the license

Page 13: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

Set up strategic partnerships with

“suffering” biomass stakeholder

Construction of 5kt/year integrated plant

(showcase, revenue generation and

application scale up support)

Structure application platform to secure

downstream application

Design of 40kt/year plant

| www.arbiom.com13

2015-2016 Operations Plan

Page 14: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

Continued operation of 5kt plant for: - commercial demonstration for bio

chemical industry

- production of high value feed product

Design of 40kt plant for production C5 Lignin and high value feed product.

First license sale to strategic partner

Secure new customers.

| www.arbiom.com14

2017 Operations Plan

Page 15: ENABLING THE BIO-ECONOMY · ENABLING THE BIO-ECONOMY ... Corrosion High High temperature and/or strong acid ... Business Model 2/2 250kt Bio-refinery CAPEX $174M OPEX $71M/year

Arbiom is currently raising funds for expanding Arbiom novel biorefinary proposition and expand globally both itstechnology and the sales of high value biobased product.

Arbiom plans to build the first production plant for the processing of woody biomass and the production of a proprietary stream of highly fermentable carbohydrates’ and high quality lignin.

The carbohydrates of the plant will be transformed intohigh value feed products for the essential nutrition need of the world.

| www.arbiom.com15

Key element of Arbiom business

plan.


Recommended