+ All Categories
Home > Environment > Syn tawa pre development loan opportunity 12.16.15

Syn tawa pre development loan opportunity 12.16.15

Date post: 15-Jan-2017
Category:
Upload: patrick-sweeney
View: 1,734 times
Download: 2 times
Share this document with a friend
19
December, 2015 Version 1
Transcript
Page 1: Syn tawa pre development loan opportunity 12.16.15

December, 2015

Version 1

Page 2: Syn tawa pre development loan opportunity 12.16.15

Forward-Looking Disclaimer

• This summary contains forward-looking statements that involve risks and uncertainties, many of which are beyond our control. These statements relate to future events or our future sales or financial performance. All statements in this summary other than statements of historical facts are forward-looking statements. Forward-looking statements include statements regarding our strategy, future operations, financial projections, prospects, plans and objectives of the Company. In some instances, you can identify forward-looking statements by terminology including “may,” “could,” “should,” “will,” “expect,” “plan,” “intend,” “believe,” “anticipate,” “predict,” “continue,” “potential,” or “opportunity,” the negative of these terms or other comparable terms.

• Forward-looking statements in this summary are only predictions. Actual events or results may differ materially. These events may cause our actual results to differ materially from any forward-looking statement.

• Although we believe the expectations reflected in the forward-looking statements are reasonable, we cannot and do not guarantee future results, performance or achievements. All forward-looking statements speak only as of the date of this summary. We are under no duty to update any of the forward-looking statements after the date of this summary to conform them to actual results or to changes in our expectations.

2 Syn Tawa Energy, LLC

Page 3: Syn tawa pre development loan opportunity 12.16.15

Presentation Objectives

• Introduce Syn Tawa Energy, its “Arizona Renewable Fuels Project,” and our Strategic Resources.

• Review Renewable Diesel Fuel Benefits.

• Present a Pre-Engineering Loan Opportunity.

3 Syn Tawa Energy, LLC

Page 4: Syn tawa pre development loan opportunity 12.16.15

Table of Contents

• Arizona Renewable Fuels Project Overview 5

• Syn Tawa Project Economic Impact 6

• Syn Tawa Renewable Diesel Benefits 7

• Pre-Engineering Loan Opportunity 8

• Exhibits 9

4 Syn Tawa Energy, LLC

Norampac Trenton, Ontario using TRI’s Gasification System. Commercial Operation began January 2007.

Page

Page 5: Syn tawa pre development loan opportunity 12.16.15

Project Overview

Arizona Renewable Fuels, to be developed by Syn Tawa Energy, LLC, will be one of the first commercial scale renewable energy refinery plants in the United States. Even more notable, this plant will be able to combine a newly-patented, state-of-the-art, commercial-scale biomass wood gasifier with a highly efficient patented gas-to-diesel conversion system. The output is a premium quality ASTM D975 diesel fuel that generates zero emissions and no sulfur -- at a cost below petroleum-based diesel fuels. AZRF will efficiently convert green landfill waste into transportation fuel while supporting this nation’s policy for energy independence and a cleaner environment. (www.syntawaenergy.com)

This plant will have the capacity to produce up to 27+ million gallons of Renewable Diesel per year.

Syn Tawa, as a project developer and systems integrator, has developed strategic alliances with recognized world class industry experts and proven technology providers in the biomass-to-renewable fuels (B2F) sector.

Not only are Syn Tawa’s strategic partners “Best in Class,” these companies have previously collaborated together on multiple biofuel refinery projects in North America. Combined, their experience brings Syn Tawa a proven track record and a vast knowledge base to help insure success.

5 Syn Tawa Energy, LLC

Page 6: Syn tawa pre development loan opportunity 12.16.15

Syn Tawa Economic Impact in AZ

• The Arizona Renewable Fuels Project and its suppliers project to generate approximately $77.8M of total economic output for Arizona in 2017.

• This single plant is projected to support approximately 348 jobs and generate $20.1M in wages annually while contributing $2.2M in Federal taxes and $1.9M in Arizona state taxes each year.

• A single STE plant is projected to represent approximately 6% of Arizona’s 2014 renewable fuel sector.

Syn Tawa Energy, LLC 6

Economic Impacts of STE

Renewable Fuel Plant in

Arizona

Jobs Wages Economic Impact

Direct 45 $2,993,675 $19,530,968

Induced 169 $8,842,531 $30,240,434

Supplier 135 $8,262,654 $28,013,518

TOTAL 348 $20,098,860 $77,784,920

Page 7: Syn tawa pre development loan opportunity 12.16.15

Syn Tawa Renewable Diesel Benefits

Syn Tawa Energy, LLC 7

Energy Security and Balance

• Reduces dependence on foreign oil.

• Substitutes for or extends supplies of traditional petroleum diesel.

Air Quality

Reduces greenhouse gas emissions up to 90% when compared to petroleum diesel.

Significantly improves air quality while reducing harmful particulate matter (PM) and oxides of nitrogen

(NOx) pollution without sulfur.

Engine Operation

Provides very similar horsepower, torque and fuel mileage as compared to petroleum diesel fuel.

Increases cetane which aids self-ignition of fuel and allows for easier starting, smoother running engines

and reliable operation.

Allows use in low temperatures without causing filter clogging due to very low cloud point.

Produces ideal lubricity, required for the protection of the fuel injection systems.

Safety

Causes far less damage than petroleum diesel if spilled or released to the environment.

It is safer than petroleum diesel because it is less combustible.

Provides longer term storage for Renewable Diesel in excess of 6 years.

Page 8: Syn tawa pre development loan opportunity 12.16.15

Pre-Engineering Loan Opportunity

8 Syn Tawa Energy, LLC

• Syn Tawa is seeking up to $250,000 in unsecured loans to be used for Pre-Engineering Operations including costs for legal retainers, administrative fees, land commitment costs and finalization of contracts with the list of desired strategic companies, in order to begin a Final Design and Engineering Study (“FEED 3”). This study will advance the Project to shovel-ready status. This study, commonly known as the Feasibility Study, is a requirement for Project Funding.

• Minimum Investment is $5,000.

• Permanent Project Financing is anticipated to be completed by Q3, 2016, which will repay the Pre-Engineering Loans at the end of their term.

• The Loan will earn 12% interest over a 12 month term.

• Next Steps

– Loan Term Sheet Review.

– Execute Loan Note and NDA.

– Funds Transfer.

Page 9: Syn tawa pre development loan opportunity 12.16.15

Exhibits

Syn Tawa Energy, LLC 9

• Project Details 10

• Benefits for Refiners and Off-Takers 11

• Fuel Purchase LOI’s 12

• World Class Strategic and Desired Participants 13-14

• Syn Tawa’s Experienced Team 15

• Team BIOs 16-18

• Contact Information 19

Page

Page 10: Syn tawa pre development loan opportunity 12.16.15

Project Details

• Location – Currently Located at the Northeast corner of Eleven Mile Corner

Road and Milligan Road, Pinal County, Eloy, Arizona. (Sites are being considered in Greater Phoenix due to transportation costs).

– Positioned halfway between Phoenix and Tucson. – Offers frontage and direct access to I 10. – Provides potential access to Union Pacific rail service.

• Site – Approximately 157 acres available in Eloy, AZ. – Flat topography with a recessed feedstock storage area. – All necessary utilities available to site.

• Construction Notes – Preliminary site investigation report completed. – Project and technologies qualify for a minor air permit.

• Technologies – Norampac Trenton, Ontario using TRI’s Gasification System.

Commercial Operation began January 2007. – TRI’s process demonstration unit (PDU) in Durham, NC, has

completed fully-integrated trials converting woody biomass and municipal solid waste to biofuels and biochemicals using a proven Gas-to-Liquids FT catalysts.

– Fulcrum BioEnergy’s, Sierra BioFuels in Nevada using TRI and a proven Gas-to-Liquids FT technology.

Syn Tawa Energy, LLC 10

Page 11: Syn tawa pre development loan opportunity 12.16.15

Benefits for Refiners “Fuel Purchaser”

11 Syn Tawa Energy, LLC

• Helps Refiners Address Key Fuel Requirements Mandated by RFS2 through 2022 - Offsets Annual RVO Obligation to Avoid Penalties. - Generates RINs at 1.7X Market Value. Congressional Budget Office forecasts RFS could result in

RIN’s valued at $6.00 per gallon for advanced biofuels credits. (Published October 26, 2014 | Jim Lane.)

• Supports Refiners In Addressing Other Legal Mandates:

- Generates Carbon Credits Worth an Estimated $417 Million over the Project Life. - In 2015, California’s Cap-and-Trade program will extend to additional regulated entities that include

refiners and fuel distributors, requiring those entities to hold enough emission allowances to cover their emissions profile.

- California Governor Brown, in his January 2015 inaugural address, called for an expansion of the State’s renewable energy goals to 50% by 2030, along with cutting in half the petroleum used by cars and trucks in the state. This initiative implies a shrinking California market for petroleum based fuels.

- Qualifies for California LCFS Credits that could help offset any of refiner’s Compliance Liabilities. - Qualifies for Blender Credits if reinstated by Congress that could help offset any of refiner’s

Compliance Liabilities.

• Provides refiner a superior cellulosic renewable fuel option. - Addresses refiner’s cellulosic RVO Obligation to avoid having to purchase Cellulosic Waiver Credits

from the EPA.

Page 12: Syn tawa pre development loan opportunity 12.16.15

Fuel Purchase LOI’s

• One of the world's six "supermajor" oil and gas companies. Syn Tawa has executed a Renewable Diesel Purchase Letter-of-Intent, with an initial 10 year term upon first product delivery and at current market prices.

• One of the largest private, independent energy companies in the United States. Syn Tawa has executed a Renewable Diesel Marketing and Sales Letter-of-Intent with an initial 10 year term upon first product delivery and at current market prices.

12 Syn Tawa Energy, LLC

Page 13: Syn tawa pre development loan opportunity 12.16.15

Syn Tawa’s World Class Desired Participants

13 Syn Tawa Energy, LLC

The following slide depicts the companies who represent Syn Tawa's “most desired” list to participate in the project.

Most of these companies are world-class providers in their respective areas of; technology, engineering, procurement, construction, operations, maintenance, fuel offtake, feedstock sourcing and hauling and performance insurance wraps. These companies have expressed their interest in Project participation by executing a non-binding Letter of Intent with Syn Tawa Energy, in anticipation of negotiating formal Agreements, once funds become available through the company's fund raising efforts.

Syn Tawa Management

Page 14: Syn tawa pre development loan opportunity 12.16.15

Syn Tawa’s World Class Strategic

Participants

Syn Tawa has executed Letters of Intent that are still to be converted into formal Agreements with the following World Class Companies.

• Feedstock Suppliers: Established feedstock suppliers, US HQ in Arizona.

– Green Organics & Recycling

– Red River Cattle

• ThermoChem Recovery Inc. (TRI): Commercially Proven and Premier Gasification Technology with EPC Experience and DOE Blessing.

• JV Davy/BP: JM Davy have collaborated with BP to produce a proprietary fixed-bed Fischer Tropsch (FT) technology – a simple and robust system which forms the heart their our gas-to-liquids (GTL) process.

• AMEC Foster Wheeler: World class engineering and operations and management firm (EPC) and (O&M).

• Lockton: Tier 1 Insurance Provider of Technology Performance Insurance Wrap.

• Gammage & Burnham: Industry Leaders in Energy Law and Government Affairs, with HQ in Phoenix, AZ.

• CBRE: The world’s largest Commercial Real Estate Services firm is our Financial Advisor.

Syn Tawa Energy, LLC 14

Page 15: Syn tawa pre development loan opportunity 12.16.15

Syn Tawa’s Experienced Team

• Mr. Patrick Sweeney Co-Founder & CEO

• Mr. Jack Gilmore Co-Founder, Director Project Development

• Mr. James Leahy In-house Gas To Liquid Advisor Expert

• Dr. Robert Freerks In-house Syn Fuels Advisor, Expert

18 Syn Tawa Energy, LLC

Page 16: Syn tawa pre development loan opportunity 12.16.15

Team BIOs

Patrick Sweeney, Founder & CEO

Over the past 30 years, Mr. Sweeney has held leadership positions in sales, marketing, finance, business development and operations for leading technology and finance companies ranging from IBM, the Meridian Group, StorageTek Global Services, Xerox Global Services and Vice President of Research & Technology for a non-profit national trade association. He is Six Sigma certified. Mr. Sweeney holds a Bachelor’s of Science and Commerce degree in Marketing from Santa Clara University. After graduation, he served our country as an officer in the United States Marine Corps.

Jack Gilmore, Co-Founder, Director of Project Development

The majority of Mr. Gilmore’s professional experience has dealt with developer-oriented land planning and

landscape architectural design services. Projects range from large master planned communities and golf

courses to mixed use commercial, office, and industrial parks. As a registered Landscape Architect he has

dealt with the design and preparation of construction documents for projects ranging from desert restoration

to large campus landscapes and community parks.

18 Syn Tawa Energy, LLC

Page 17: Syn tawa pre development loan opportunity 12.16.15

Team BIOs

James Leahy, Gas to Liquids (GTL) Project Advisor

Mr. Leahy has extensive experience in process development, project management, and process plant

technical support in the petrochemical and synthetic fuels industries. He received his Bachelor of Science in

Chemical Engineering from Illinois Institute of Technology in 1969 and Master of Science in Chemical

Engineering from University of Houston in 1973. Mr. Leahy joined Shell Chemical Company in 1969 as a

process engineer. From 1974 to 1975 he worked as a process engineer for M.W. Kellogg Company. Mr. Leahy

joined ARCO Chemical Company and served as Chief Process Engineer from 1976 to 1989, Engineering &

Construction Manager from 1990 to 1997 and Project Manager from 1997 to 1999. From 2000 to 2007, he

was Director, Special Projects at Syntroleum Corporation where he developed gas-to-liquids and coal-to-

liquids processes. From 2008 to 2011, Mr. Leahy was Engineering Manager for Australian American Energy

Company and managed various coal-to-liquids studies and projects. He is the holder of six patents in the field

of synfuels.

18 Syn Tawa Energy, LLC

Page 18: Syn tawa pre development loan opportunity 12.16.15

Team BIOs

Dr. Robert Freeks, Fischer-Tropsch (FT) Synthetic Fuels Development Project Advisor

Dr. Freerks has over 25 years of experience in the formulation and development of FT synthetic fuels, synthetic lubricants, oil-based lubricants, oil and fuel additive packages and biofuels. From 1999 through 2006, Dr. Freerks was the Director of Product Development at Syntroleum Corporation in Tulsa, Oklahoma. While at this position, he developed synthetic jet fuel produced via the FT synthesis and hydroprocessing technology. He worked closely with the Department of Defense to qualify the fuel for military aircraft and equipment under the JBUFF program (Joint Battlespace Use Fuel of the Future). While at his previous position, Dr. Freerks also conducted an extensive testing and development program under a Department of Energy contract. This program successfully demonstrated FT synthetic fuels performance in Diesel engines run under laboratory and field conditions. Additionally, from 1981 until 1999, Dr. Freerks was employed by Chevron Research and Technology Company where he developed and formulated several lines of heavy duty diesel products, base oils, additive packages and synthetic lubricants.

18 Syn Tawa Energy, LLC

Page 19: Syn tawa pre development loan opportunity 12.16.15

For any questions concerning our Renewable Diesel Projects, please contact the Syn Tawa Energy Project Development Team via . . .

Mr. Patrick Sweeney Co-Founder & CEO

[email protected] 949-887-6111

Contact Information

19 Syn Tawa Energy, LLC


Recommended