2. Choke
Point
Particulate Matter –
airborne particles smaller
than 2.5 micrometers – is
one of the great
problems with diesel-
fueled trucks and busses
PM 2.5 pollution has
killed some 8,600
people prematurely in
2012 and cost $1 billion Bad Even For Beijing:
in economic losses in Smog Hits Extreme Levels
four Chinese cities.
–According to a study by Beijing January 12, 2013
University and Greenpeace. Chinese poll results
Proprietary & Confidential
3. PM 2.5 Solution: IGP BLUE™
DATA: In steady-state
testing, up to an 85%
reduction in the filter smoke
(PM) number was shown
using a 40% blend
–Argonne National Labs
If adopted in Beijing and
3 other Chinese Cities,
First year savings:
• 7,310 lives
• $850 Million in damage
Proprietary & Confidential
4. Global Conversion Platform:
Isobutanol– Large scale production
Feedstocks: Breakthrough Isobutanol Products:
Natural Gas Technology Isobutanol
Platform
MSW Diesel Blending
Syngas Jet Fuel
4
Proprietary & Confidential
5. China Policy: Energy Security, GDP,
Domestic Production, Jobs
Each pin represents a coal to chemical (CTL)
Domestic Production,
many can be converted to IGP technology
5 Proprietary & Confidential
6. What are our chances?
• Proven Management with
track record of success We are doing our part to
• Large and growing market improve the current
• Significant unmet need environmental crisis
• Novel Product expected to:
– Reduce PM up to 85% in diesel
trucks and busses
– Help people breathe easier
– Support government goals
– Favorable economics for value
chain
• Key Strategic Partners
6 = Quick Growth Proprietary & Confidential
7. IGP Profile
Management Seasoned industry professionals:
Team Amoco, BP, Mobil, Johnson Controls, Haldor Topsøe, US
DOE, DOD, Chinese State Owned Enterprises
Board of Senior Executives: Former CFO AMF and W.R. Grace,
Directors current MD of TPG China, 4 star General US Military,
DOD, OMB, multiple IPO’s and public boards
Technology 17 year exclusive with co-development partner, a $1B
industry leader in chemical synthesis technology, IGP IP
filed
Product viability Validated in Studies by Argonne National Labs, Sandia
National Labs, BP, State of California, US EPA
Market $20-30+ B in China alone, US ethanol alterative from
natural gas, > $2/gal loaded costs, US alt jet fuel
7 Proprietary & Confidential
8. IGP Profile
Scale up Traditional chemical process similar to ammonia and
methanol production
Regulatory Product approved for blending into fuel in the US at
12.5%, ASTM jet fuel approvals expected 2014
Joint Venture Definitive 25-year contract complete and signed by
Negotiations Yankuang Group a Chinese extra large State Owned
Enterprise. Public markets: NYSE, HK, Shanghai, Aus
Government Chinese NDRC and SASC approved, final agreement with
Approvals chop complete. Filing process underway.
Financial Policy Bank backing, JV contract partner large balance
sheet, capital efficient LP project finance business model,
high corporate IRRs
8 Proprietary & Confidential
9. IGP-Yankuang final JV Signing
James Lamoureaux and Mr. Chu Hongchun
9 Proprietary & Confidential
