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COMMITTED TO THE ENVIRONMENT
PROVIDING GREEN SOLUTIONS TO
THE GLOBAL SHIPPING INDUSTRY
COMMITTED TO THE ENVIRONMENT
THE SHIPPING INDUSTRY
CONTRIBUTES TO AIR POLLUTION
THAT IS HARMFUL TO HEALTH
Our seas are busy places:
Over 75,000 vessels ply the world’s shipping
lanes, emitting dangerous levels of Sulphur
(SOx), NOx and Particulate Matter from the fuel oil
that they burn for propulsion
Sodaflexx is focussed on reducing ship
emissions, particularly SOx and Particulate
Matter emissions, as these are harmful to
humans, animals, and oceans, causing:
Respiratory problems &
lung disease
Stroke & cardiovascular
disease
Acidification of oceans,
affecting marine life
Harm to forests
Damage to crops, affecting
the food cycle
Major impact to vulnerable areas, i.e.
coastal communities
Shipping is still the
most energy-efficient
mode of transport by
energy / tonne-mile and
it only consumes close
to 3% of the world’s
energy, including 8% of
the world’s annual oil
supply
COMMITTED TO THE ENVIRONMENT
COMMITTED TO THE ENVIRONMENT
IMO HAS MANDATED THAT SHIP
OWNERS TAKE IMMEDIATE ACTION TO
DRASTICALLY REDUCE SULPHUR
EMISSIONS
On 1January 2020, the UN agency International
Maritime Organisation (IMO) mandate came into
force to tackle air pollution emitted by the shipping
industry
IMO 2020 sets clear guidelines
about reducing SOx emissions
from fuel oil burned by ships
IMO 2020 means a mandatory
reduction of 77% in overall SOx
emissions from shipping
3.5%S
to
0.5%S
At sea Close to
land
0.1%S
“The IMO is on the
verge of agreeing on
and implementing the
first tranche of
additional GHG
regulations, expected
to enter into force in
2023” per DNV GL Maritime
Forecast to 2050
COMMITTED TO THE ENVIRONMENT
SHIP OWNERS HAVE TO
COMPLY WITH IMMEDIATE
EFFECTThere are 3 options
Burn low
sulphur fuel oil.
Readily available, but:
• Expensive
compared to HSFO
• Production process
is detrimental to the
environment
• Smaller particulates
are harmful to
respiratory health
Alternative Fuels
such as LNG, Hydrogen,
Ammonia, etc
• Engine technology and
distribution infrastructure
not widespread
• Scarce supply
• Extremely expensive
Burn high sulphur
fuel oil and install an
Exhaust Gas Cleaning
System (EGCS) aka
“scrubber”
There are two types:
Wet System
Dry System
COMMITTED TO THE ENVIRONMENT
COMMITTED TO THE ENVIRONMENT
THE EGCS METHOD IS MORE
COST-EFFECTIVE LONG
TERM
There are two ways
to scrub exhaust
gas emitted by
ships
A
Wet Scrubber
Approximately 3,500 vessels have
installed this technology, but the method
of “Open Loop” operation discharges
wash water effluent directly into the sea,
and is increasingly becoming banned by
Port States. These systems are very
expensive to install and operate.
B
Dry Scrubber
Injects sodium bicarbonate into the
exhaust gas stream to neutralise sulphur
compounds. With capture and treatment
systems, provides exhaust gas cleaning
with ZERO discharge. Relatively
inexpensive and easy to install.
Shipping's green transition is
a trillion-dollar question
Clarksons Research
COMMITTED TO THE ENVIRONMENT
SODAFLEXX EGCS IS THE
GREEN SOLUTION FOR THE
MARINE INDUSTRY
Sodaflexx uses proven technology that has been used in
shore based power stations and waste-to-energy plants for
decades
The Sodaflexx EGCS injects sodium bicarbonate directly into
the exhaust gas stream to neutralise the sulphur components
via a chemical reaction resulting in harmless sodium sulphate
Sodium bicarbonate
NaHCO3
The Sodaflexx EGCS captures and treats the sodium
sulphate and other combustion by products to provide
exhaust gas cleaning with ZERO discharge
Sodium bicarbonate
is:
Readily available
Stable
Odourless
Non-toxic
Non-corrosive
Non-explosive
COMMITTED TO THE ENVIRONMENT
HOW DOES THE SODAFLEXX
EGCS WORK?
SODIUM BICARBONATE
REACTS WITH SULPHUR
FORMING HARMLESS
SODIUM SULPHATE
PARTICULATE
CAPTURE
SYSTEM
DOSING UNIT
AIR
EXHAUST GAS
SODIUM SULPHATE,
SOOT
&
PARTICULATE
CLEAN AIR
• Sodium bicarbonate (NaHCO3 ) is injected directly
into a ship’s exhaust depending on fuel oil
consumption and sulphur concentration
• The NaHCO3 reacts with the sulphur compounds in
the fuel to create sodium sulphate (Na2SO4), a
benign salt
• The sodium sulphate is captured, treated, and
safely disposed of onshore, and clean air is emitted
from the funnel
RESIDUE
DISPOSAL
SYSTEM
COMMITTED TO THE ENVIRONMENT
SODAFLEXX EGCS
Makes vessels IMO 2020
compliant by reducing
SOx emissions
Simple design: no hazardous
chemicals, wash water
discharge etc
Global absorbent
supply network
already in place
Low
maintenance
Quick to install with short
lead time; no need for dry
docking
Sodium bicarbonate is
both cheap and readily
available
Inexpensive system –
cheapest EGCS on the
market
Future proofs
owners against
further IMO
mandates
“While the IMO GHG Strategy is
currently driving policy
development in shipping, we also
see national and regional
regulations, market incentives
from charterers and others, and
public pressure for shipping to
contribute its fair share to limiting
average global warming to 1.5ºC”
per DNV GL Maritime Forecast 2050
COMMITTED TO THE ENVIRONMENT
WHY A SHIPOWNER WANTS A
SODAFLEXX EGCS
Assumptions:
MGO/HSFOSpread
2,079,000
1,854,000
1,629,000
1,404,000
1,179,000
954,000
729,000
504,000
279,000
0 500,000 1,000,000 1,500,000 2,000,000 2,500,000
$300
$275
$250
$225
$200
$175
$150
$125
$100
Annual
Sodaflexx EGCS Unit (installed) $1,650,000
HSFO Annual Consumption (metric tonnes) 9,000
25m3
Bicarb Charge Cartridge Delivered $12,500
25m3
Sludge Treatment Tanktainer Collected $4,750
Annual Bicarb Consumption (%) of HSFO Consumption 10%
Annual Bicarb Consumption (metric tonnes) 900
25m3 Bicarb Charge Cartridges (Annual) 36
HSFO Treatment Cost (per metric tonne) $69
MGO / HSFO Price Spread $100 $125 $150 $175 $200 $225 $250 $275 $300
Payback (Years) 5,91 3,27 2,26 1,73 1,40 1,18 1,01 0,89 0,79
Fuel Price Savings (Annual) $279,000 $504,000 $729,000 $954,000 $1,179,000 $1,404,000 $1,629,000 $1,854,000 $2,079,000
Fuel Price Savings
MGO/HSFOSpread
0.79
0.89
1.01
1.18
1.4
1.73
2.26
3.27
5.91
0 2 4 6 8
$300
$275
$250
$225
$200
$175
$150
$125
$100
Payback Period
Years
Short Payback
Period
Low
Capex
Attractive ROI
COMMITTED TO THE ENVIRONMENT
ENVIRONMENTAL
BENEFITS OF THE
SODAFLEXX EGCS:
THERE IS NO OTHER
EGCS LIKE SODAFLEXX
ON
THE MARKET
Drastically reduces
emissions
Creates a benign salt that
can be repurposed
Minimal energy
requirement to operate
ZERO discharge
into the sea or air
COMMITTED TO THE ENVIRONMENT
CALL US NOW ON +44 (0) 203 941 7906
or email sales@sodaflexx.com
www.sodaflexx.com
COMMITTED TO THE ENVIRONMENTCOMMITTED TO THE ENVIRONMENT
DISCLAIMER AND CONFIDENTIALITY
This presentation was produced by and the opinions expressed are those of Sodaflexx Limited (“Sodaflexx”) as of the date of writing and are subject to change. The
information in this presentation reflects prevailing conditions and the views of Sodaflexx as at the date the presentation was prepared, all of which are subject to change.
Sodaflexx undertakes no obligation to update or provide any revisions to the presentation to reflect events, circumstances or changes that occur after the date the
presentation was prepared.
This presentation has been prepared solely for information and illustration purposes. It does not constitute an offer or an invitation by or on behalf of Sodaflexx to any person
to invest, finance or take any other position with respect to Sodaflexx or any of its subsidiary companies. Any reference to past performance is not necessarily a guide to the
future. The information contained herein is given in good faith but without guarantee and Sodaflexx does not make any representation as to its accuracy or completeness and
does not accept liability for any loss and/or damage arising from the use hereof. A party taking any commercial decision based on information provided in this document shall
be solely responsible for making an independent appraisal and/or evaluation and forming its own opinion.
In this presentation we will disclose a summary of background information relating to Sodaflexx and/or their counter-parts (all such information together form the “Confidential
Information”). By reading through, listening to and/or reviewing this presentation you undertake, on your own and your company’s behalf, that this Confidential Information will
be held by you in complete and strict confidence and, without the prior written consent of Sodaflexx, will not be disclosed and will not be made of use in whole or in part to any
person.
Neither this presentation nor any of its contents may be used, copied, reproduced, disseminated, quoted or referred to in any presentation, agreement or document (with or
without attribution to Sodaflexx) at any time or in any manner without the express, prior written consent of Sodaflexx.

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Sodaflexx presentation excl fin 2020 read-only

  • 1. COMMITTED TO THE ENVIRONMENT PROVIDING GREEN SOLUTIONS TO THE GLOBAL SHIPPING INDUSTRY
  • 2. COMMITTED TO THE ENVIRONMENT THE SHIPPING INDUSTRY CONTRIBUTES TO AIR POLLUTION THAT IS HARMFUL TO HEALTH Our seas are busy places: Over 75,000 vessels ply the world’s shipping lanes, emitting dangerous levels of Sulphur (SOx), NOx and Particulate Matter from the fuel oil that they burn for propulsion Sodaflexx is focussed on reducing ship emissions, particularly SOx and Particulate Matter emissions, as these are harmful to humans, animals, and oceans, causing: Respiratory problems & lung disease Stroke & cardiovascular disease Acidification of oceans, affecting marine life Harm to forests Damage to crops, affecting the food cycle Major impact to vulnerable areas, i.e. coastal communities Shipping is still the most energy-efficient mode of transport by energy / tonne-mile and it only consumes close to 3% of the world’s energy, including 8% of the world’s annual oil supply COMMITTED TO THE ENVIRONMENT
  • 3. COMMITTED TO THE ENVIRONMENT IMO HAS MANDATED THAT SHIP OWNERS TAKE IMMEDIATE ACTION TO DRASTICALLY REDUCE SULPHUR EMISSIONS On 1January 2020, the UN agency International Maritime Organisation (IMO) mandate came into force to tackle air pollution emitted by the shipping industry IMO 2020 sets clear guidelines about reducing SOx emissions from fuel oil burned by ships IMO 2020 means a mandatory reduction of 77% in overall SOx emissions from shipping 3.5%S to 0.5%S At sea Close to land 0.1%S “The IMO is on the verge of agreeing on and implementing the first tranche of additional GHG regulations, expected to enter into force in 2023” per DNV GL Maritime Forecast to 2050
  • 4. COMMITTED TO THE ENVIRONMENT SHIP OWNERS HAVE TO COMPLY WITH IMMEDIATE EFFECTThere are 3 options Burn low sulphur fuel oil. Readily available, but: • Expensive compared to HSFO • Production process is detrimental to the environment • Smaller particulates are harmful to respiratory health Alternative Fuels such as LNG, Hydrogen, Ammonia, etc • Engine technology and distribution infrastructure not widespread • Scarce supply • Extremely expensive Burn high sulphur fuel oil and install an Exhaust Gas Cleaning System (EGCS) aka “scrubber” There are two types: Wet System Dry System COMMITTED TO THE ENVIRONMENT
  • 5. COMMITTED TO THE ENVIRONMENT THE EGCS METHOD IS MORE COST-EFFECTIVE LONG TERM There are two ways to scrub exhaust gas emitted by ships A Wet Scrubber Approximately 3,500 vessels have installed this technology, but the method of “Open Loop” operation discharges wash water effluent directly into the sea, and is increasingly becoming banned by Port States. These systems are very expensive to install and operate. B Dry Scrubber Injects sodium bicarbonate into the exhaust gas stream to neutralise sulphur compounds. With capture and treatment systems, provides exhaust gas cleaning with ZERO discharge. Relatively inexpensive and easy to install. Shipping's green transition is a trillion-dollar question Clarksons Research
  • 6. COMMITTED TO THE ENVIRONMENT SODAFLEXX EGCS IS THE GREEN SOLUTION FOR THE MARINE INDUSTRY Sodaflexx uses proven technology that has been used in shore based power stations and waste-to-energy plants for decades The Sodaflexx EGCS injects sodium bicarbonate directly into the exhaust gas stream to neutralise the sulphur components via a chemical reaction resulting in harmless sodium sulphate Sodium bicarbonate NaHCO3 The Sodaflexx EGCS captures and treats the sodium sulphate and other combustion by products to provide exhaust gas cleaning with ZERO discharge Sodium bicarbonate is: Readily available Stable Odourless Non-toxic Non-corrosive Non-explosive
  • 7. COMMITTED TO THE ENVIRONMENT HOW DOES THE SODAFLEXX EGCS WORK? SODIUM BICARBONATE REACTS WITH SULPHUR FORMING HARMLESS SODIUM SULPHATE PARTICULATE CAPTURE SYSTEM DOSING UNIT AIR EXHAUST GAS SODIUM SULPHATE, SOOT & PARTICULATE CLEAN AIR • Sodium bicarbonate (NaHCO3 ) is injected directly into a ship’s exhaust depending on fuel oil consumption and sulphur concentration • The NaHCO3 reacts with the sulphur compounds in the fuel to create sodium sulphate (Na2SO4), a benign salt • The sodium sulphate is captured, treated, and safely disposed of onshore, and clean air is emitted from the funnel RESIDUE DISPOSAL SYSTEM
  • 8. COMMITTED TO THE ENVIRONMENT SODAFLEXX EGCS Makes vessels IMO 2020 compliant by reducing SOx emissions Simple design: no hazardous chemicals, wash water discharge etc Global absorbent supply network already in place Low maintenance Quick to install with short lead time; no need for dry docking Sodium bicarbonate is both cheap and readily available Inexpensive system – cheapest EGCS on the market Future proofs owners against further IMO mandates “While the IMO GHG Strategy is currently driving policy development in shipping, we also see national and regional regulations, market incentives from charterers and others, and public pressure for shipping to contribute its fair share to limiting average global warming to 1.5ºC” per DNV GL Maritime Forecast 2050
  • 9. COMMITTED TO THE ENVIRONMENT WHY A SHIPOWNER WANTS A SODAFLEXX EGCS Assumptions: MGO/HSFOSpread 2,079,000 1,854,000 1,629,000 1,404,000 1,179,000 954,000 729,000 504,000 279,000 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 $300 $275 $250 $225 $200 $175 $150 $125 $100 Annual Sodaflexx EGCS Unit (installed) $1,650,000 HSFO Annual Consumption (metric tonnes) 9,000 25m3 Bicarb Charge Cartridge Delivered $12,500 25m3 Sludge Treatment Tanktainer Collected $4,750 Annual Bicarb Consumption (%) of HSFO Consumption 10% Annual Bicarb Consumption (metric tonnes) 900 25m3 Bicarb Charge Cartridges (Annual) 36 HSFO Treatment Cost (per metric tonne) $69 MGO / HSFO Price Spread $100 $125 $150 $175 $200 $225 $250 $275 $300 Payback (Years) 5,91 3,27 2,26 1,73 1,40 1,18 1,01 0,89 0,79 Fuel Price Savings (Annual) $279,000 $504,000 $729,000 $954,000 $1,179,000 $1,404,000 $1,629,000 $1,854,000 $2,079,000 Fuel Price Savings MGO/HSFOSpread 0.79 0.89 1.01 1.18 1.4 1.73 2.26 3.27 5.91 0 2 4 6 8 $300 $275 $250 $225 $200 $175 $150 $125 $100 Payback Period Years Short Payback Period Low Capex Attractive ROI
  • 10. COMMITTED TO THE ENVIRONMENT ENVIRONMENTAL BENEFITS OF THE SODAFLEXX EGCS: THERE IS NO OTHER EGCS LIKE SODAFLEXX ON THE MARKET Drastically reduces emissions Creates a benign salt that can be repurposed Minimal energy requirement to operate ZERO discharge into the sea or air
  • 11. COMMITTED TO THE ENVIRONMENT CALL US NOW ON +44 (0) 203 941 7906 or email sales@sodaflexx.com www.sodaflexx.com
  • 12. COMMITTED TO THE ENVIRONMENTCOMMITTED TO THE ENVIRONMENT DISCLAIMER AND CONFIDENTIALITY This presentation was produced by and the opinions expressed are those of Sodaflexx Limited (“Sodaflexx”) as of the date of writing and are subject to change. The information in this presentation reflects prevailing conditions and the views of Sodaflexx as at the date the presentation was prepared, all of which are subject to change. Sodaflexx undertakes no obligation to update or provide any revisions to the presentation to reflect events, circumstances or changes that occur after the date the presentation was prepared. This presentation has been prepared solely for information and illustration purposes. It does not constitute an offer or an invitation by or on behalf of Sodaflexx to any person to invest, finance or take any other position with respect to Sodaflexx or any of its subsidiary companies. Any reference to past performance is not necessarily a guide to the future. The information contained herein is given in good faith but without guarantee and Sodaflexx does not make any representation as to its accuracy or completeness and does not accept liability for any loss and/or damage arising from the use hereof. A party taking any commercial decision based on information provided in this document shall be solely responsible for making an independent appraisal and/or evaluation and forming its own opinion. In this presentation we will disclose a summary of background information relating to Sodaflexx and/or their counter-parts (all such information together form the “Confidential Information”). By reading through, listening to and/or reviewing this presentation you undertake, on your own and your company’s behalf, that this Confidential Information will be held by you in complete and strict confidence and, without the prior written consent of Sodaflexx, will not be disclosed and will not be made of use in whole or in part to any person. Neither this presentation nor any of its contents may be used, copied, reproduced, disseminated, quoted or referred to in any presentation, agreement or document (with or without attribution to Sodaflexx) at any time or in any manner without the express, prior written consent of Sodaflexx.

Editor's Notes

  1. Replace this with a Tanker picture.
  2. Can you make the IMO picture to the IMO logo?
  3. Replace a picture with a free flowing smoke clean…..
  4. Modifications in the picture: PLEASE ADD A TURBOCHARGER PICTURE AT THE BOTTOM near the EXHAUST GAS FLOW PLEASE ADD A CLEAN AIR AT THE TOP
  5. REPLACE WITH A BETTER PICTURE … FERRY or So
  6. Replace the picture with a FERRY