transforming plastic waste into valuable low-carbon products · transforming plastic waste into...
Post on 05-Aug-2020
4 Views
Preview:
TRANSCRIPT
Transforming plastic waste into
valuable low-carbon products
Corporate presentation
December 2019
20 March 2020 | 2
P A R T O F T H E S O L U T I O N
Quantafuel turns a global environmental problem into low-carbon products
20 March 2020 | 3
P L A S T I C – A M A N M A D E “ W O N D E R M A T E R I A L ”
Plastic production grows steadily – fastest growing man-made material
Source: Plastics Europe
Million tonnes
per year
~650(2035)
1950 1970 1990 2010 2030 2050
86(1985)
20 March 2020 | 4
The most difficult material to recycle mechanically
20 March 2020 | 5
P L A S T I C W A S T E I N D E N M A R K
~110,000 tonnes separated plastic waste and ~750,000 total plastic waste
– ~50,000 tonnes separated for mechanical recycling
~650,000 MT
Separated
plastic waste
Plastic waste included in
other waste streams
Plastic waste
streams
Chemical
recycling
Recycling
potential
50 –
100,000
MT
Hard to separate
plastic waste
Quantafuel relevant feedstock
~110,000 MT
300 – 400,000 MT
Source: http://mst.dk/affald-jord/affald/affaldsdatasystemet/find-affaldsdata/affaldsstatistikker/
Mechanical
recycling
300 –400,000 MT
20 March 2020 | 6
H I G H G R O W T H N A S C E N T M A R K E T
Need a rise of structured plastic waste management and recycling
Luckily it is on the way…
Source: McKinsey&Company
2030: >200 million tonnes plastic reused
2030: “Alternative reuse” of plastic
biggest profit growth
>50 million
tonnes for
pyrolysis
~25 BUSD for
pyrolysis
20 March 2020 | 7
M A R K E T M A C R O O U T L O O K
Global players scrambling for developing their position
Oil majors Chemical majors Recycling majors
Company examples
“REMONDIS has in i t ia ted a
pro ject to develop and operate
so-ca l led chemica l recyc l ing
fac i l i t ies .“
Company examplesCompany examples
Stated ambition:Stated ambition:Stated ambition:
“BASF is work ing on
recover ing and recycl ing o f
plast ics through our
ChemCycl ing pro ject.“
“Neste targets to process more
than one mi l l ion tons o f p last ic
waste annua l ly by 2030.“
See major opportunities in
alternative fuels
Expect chemical recycling to
become a major factor
Need to increase recycling –
require chemical recycling
20 March 2020 | 8
E F F I C I E N T P L A S T I C R E C Y C L I N G
Quantafuel is pioneering the plastic recycling industry –
giving waste plastic now being incinerated a second life
Low-carbon fuel
Capturing local plastic
waste as a resource…
…through small plants
and proven technology…
…producing high-quality,
synthetic products.
Re-use plastic waste ÷ 90 % GHG emission in
fuel production
Reduce local emissions
Quantafuel first company with 30 USD/boe break-even
20 March 2020 | 9
U N I Q U E C A T A L Y S T S O L U T I O N A N D P L A N T D E S I G N
Quantafuel with unique and proprietary catalyst and enabling small, efficient
plant design constructed with tried and tested components
Plastic pyrolysis reactor Quantafuel reactor Distillation Storage and offloading
2 3 4 5
Plastic Feeding
1
20 March 2020 | 10
T E C H N O L O G Y R E F I N E M E N T S
Feedstock handling system1
B Technology
20 March 2020 | 11
U N I Q U E C A T A L Y S T S O L U T I O N A N D P L A N T D E S I G N
20 March 2020 | 12
T E C H N O L O G Y R E F I N E M E N T S
4 Pyrolysis reactor2
B Technology
20 March 2020 | 13
T E C H N O L O G Y R E F I N E M E N T S
Unique catalyst solution
B Technology
3
20 March 2020 | 14
U N I Q U E C A T A L Y S T S O L U T I O N A N D P L A N T D E S I G N
20 March 2020 | 15
T E C H N O L O G Y R E F I N E M E N T S
Distillation column and storage
B Technology
54
20 March 2020 | 16
S T R A T E G I C P A R T N E R S H I P A G R E E M E N T S I G N E D
Started preparation for two large scale projects – goal of 5
1) ARA is the abbreviation for the ports of Amsterdam, Rotterdam and Antwerp
Antwerpen
Bayern
• Aligned to start preparation for two
large sites
• Antwerpen and Bayern
• 100.000 ton + capacity per location
• Pre-engineering, site allocation,
permitting, feed-stock supply, location,
budgets
• 50/50 JV structure Vitol – QF
• 2 X 100 MUSD investment
• 150 MUSD revenue – 100 MUSD EBITDA
potential
• FID right after Skive
• Pre-project financed by Vitol
20 March 2020 | 17
S T R A T E G I C P A R T N E R S H I P A G R E E M E N T S I G N E D
Strategic partnership with BASF
1) ARA is the abbreviation for the ports of Amsterdam, Rotterdam and Antwerp
• 20 MEUR investment – 10 MEUR equity,
10 MEUR convertible bond
• Access to process and operation
capacity for the start-up of Skive
• Engineering resources to reach
industrial scale roll-out
• Off-take in Denmark to build the
market
• Development of a naphtha solution
• Intention to replace part of the 20
MTON use of naphtha with recycled
material
• None-exclusive agreement
Largest chemical company in the world with 63 BEUR turnover and 122.000 employees.
20 March 2020 | 18
20 March 2020 | 19
20 March 2020 | 20
20 March 2020 | 21
20 March 2020 | 22
20 March 2020 | 23
20 March 2020 | 24
20 March 2020 | 25
O W N T H E V A L U E C R E A T I O N
Quantafuel’s business model is to build, own and operate PtL plants,
each established as a separate SPV
Service fee
Local partner
• Invest capital
• Local competence
• Potentially contribute with feedstock
Plant owning SPV
• Quantafuel ownership >50 %
• Plant construction and operations
• Plant financing
• Secure feedstock and fuel sales
• Plant technology and design
• Plant planning, construction and
commissioning
• Operational support
2
Plant price
1
Dividend
3
To the beginning of
a partnership
top related