“Final-Gen” Bio-Jet FuelByogy Renewables USA Byogy Renewables do BrasilSan Jose, CA
OUTLINE• Who is Byogy• Byogy Technology• The Aviation Industry – Why Alternative Fuels• ASTM Update• Global Supply Chain
Byogy, Inc. is in the final stages of commercializing a highly efficient, patentpending, proven process for converting regular ethanol into a 100%replacement for renewable jet fuel, gasoline and diesel fuel.• Formed in 2006 in California;• Core IP stems from Texas A&M; Invented over 12 years ago;• Non-Traditional Funding : No VC or PE (No Press Until Ready);• Specialized team with chemical and petroleum experience (not bio-based).
• Byogy is NOT an alcohol/ethanol producer;• Byogy invented a unique process that converts ethanol to a 100% drop-in replacement for petroleum derived fuels;• Byogy’s fuels do NOT require change to ANY infrastructure;• Byogy does not rely on “magic bugs” or special enzymes;• All steps are currently used in commercial scale in the petrochemical industry;• Catalytic process that is capital efficient and scalable;• The process does not require external hydrogen and hydro- processing like FT, HEFA, and competing ATJ butanol producers.
CELLULOSIC PROCESS CORN ETHANOL PROCESS SUGAR CANE PROCESS SUGAR FERMEN- BYOGY’s SUGAR DISTILLATION ETHANOL CANE TATION CONVERSION CORN ENZYMATICBIOMASS HYDROLYSIS ADVANCED: GASOLINE ALGEA & Bio- Chemical JET FUEL DIESEL CELLULOSE CELLULOSECELLULOSE Conversion & Pre-Treatment Hydrolysis BYOGY’s Alcohol to Fuel ConversionHEAT & Process Fits with ANY ethanol process… POWER TODAY or in the Future ! BYOGY RENEWABLES: Confidential and Proprietary
Byogy’s 4 Step Process :• Contains no “new” technological breakthroughs• All processes are widely used in commercial scale• No special enzymes or bugs to rely on JET FUEL GASOLINE ETHANOL DIESEL Step 1 Step 2 Step 3 Step 4 Ethanol Oligomerization Distillation HydrogenationDehydration Commercial Reactors Targeting Conventional Open Widely Practiced Process Certain Operating Art Process Design In The Petro- Available For Conditions Are With No Obstacles Chemical Industry Large Scale Widely Available in To Large Scale Applications The Industry
MIL-DTL- BYOGY BYOGY BYOGY JET FUEL Specification Test 83133G Spec 7490 7572 7563 4751 JP-8 Requirement 20110318A 20110518A 20110512CAromatics, vol % ≤25 7.6 9.4 16.8 18.8Olefins, vol % 0.8 1.0 1.3 0.8Heat of Combustion (measured),MJ/Kg ≥42.8 43.5 42.8 43.3 43.3Distillation:IBP, °C 170 154 159 15910% recovered, °C ≤205 183 174 175 18220% recovered, °C 188 181 183 18950% recovered, °C 209 207 208 20890% recovered, °C 258 262 262 244EP, °C ≤300 294 291 291 265Residue, % vol ≤1.5 1.3 1.2 1.3 1.3Loss, % vol ≤1.5 0.4 1.0 0.9 0.8Flash point, °C ≥38 57 42 48 51Freeze Point, °C ≤-47 <-60 <-60 <-76 -50API Gravity @ 60°F 37.0 - 51.0 49.6 47.8 46.6 44.4Density @ 15°C, kg/L 0.775 - 0.840 0.781 0.789 0.794 0.804 BYOGY RENEWABLES: Confidential and Proprietary
Aviation is the backbone of international trade and businessA key driver of every business, industry, technology, andnational defense. “THE PHYSICAL INTERNET”The raw materials and technologies necessary to makealternative jet fuels at COMPETTITIVE PRICES will ALWAYS be inhigh long-term demand over the production of bio-chemicals,lotions, or plastics.
2 billion passengers fly per year; 32 million jobs associated with aviation sector; 8% World Gross Domestic Product; 2% of Global CO2 emissions (with no choice).• Fuel is the biggest operating cost for the aviation industry;• Refining costs to produce jet fuel from a barrel of oil are exponential;• The fluctuating price of crude makes it difficult to budget;• Biofuels can reduce airline’s exposure to this fuel cost volatility by offering long term stable pricing and alternative sourcing.
• Annex 1: GTL - Synthetic Paraffinic Kerosene (“SPK”) Process: Fischer-Tropsch – Hydrogen Treatment; Feedstock: Coal, Natural Gas, Biomass; Certification: Certified September 2009.• Annex 2: Hydro-Treated Renewable Jet (HEFA aka “HRJ”) Process: Hydrogen Treatment of Renewable oils (similar to GTL); Feedstock: Canola, Camelina, Algae, Jatropha, animal fats etc.; Certification: June 30, 2011.• Annex 3: Alcohol To Jet with Aromatics(“ATJ-A”) Process: Fermentation of sugar to alcohols, catalytic conversion of alcohols to fuel ; Feedstock: Sugar Cane, Corn, Energy Crops, Woody Biomass, etc.; Certification: Q4 2013. BYOGY Co-CHAIRS THE ATJ TASK FORCE
D 1655 Petroleum Conventional Refinery Fischer-Tropsch (FT) Processes Syn Gas (CO, H2) CoalAnnex A1 D 7566 Natural Crude Oil Gas Biomass Hydro-processing Gasify FT Process Jet Fuel Hydroprocessed Esters & Fatty Acids Syn-CrudeAnnex A2 (HEFA) from Bio-Oils D 7566 Plant/ Algae Oils Jet Fuel Oil Extraction Bio-Crude Alcohols To Jet (ATJ)Annex A- ? D 7566 Biological Fermentation Biological and Alcohols Thermo- Chemical Hydrocarbon Dehydration Oligomerization Blend Fractionation Hydrogenation
TIMELINE ASTM JET FUEL CERTIFICATION Various Synthetic Jet Fuel ASTM D7566 Annex 1 through 32007 2008 2009 2010 2011 2012 2013 June APPROVED in 2 YEARS GTL / FT D7566 ANNEX #1 APPROVED in 3.5 Years HRJ / HEFA D7566 ANNEX #2 EXPECTED BY DEC 2013– 3.5 YEARS ALCOHOL TO JET D7566 ANNEX #3
Rotterdam ✪ ✪ USA (Manley Terminal) India China Caribbean CBI ✪ ✪ ✪ Nigeria ✪ ✪ Mozambique“Terminal” Type Jet Fuel ✪ Brazil Australia ✪✪ Processing Plants“Local” Type Gasoline Plants(Licensed To Smaller Ethanol Producers) Ideal Sugar Cane Growing Area BYOGY RENEWABLES: Confidential and Proprietary
Active in the following areas developing:1. Implementation plan for "economically viable and sustainable biofuel production;2. Biofuel investment strategy;3. Advanced technology development program;4. Ongoing market and strategic analysis.