www.acsystems.pt
Filtration and Separation Technologies Address Two Main Market
Needs
• Increasingly strict Particulate Matter (PM) emission limits are being
enforced worldwide. Poor air quality is the number 1
environmental cause of premature death in the EU*
• Majority of combustion processes are associated with PM
Emissions. Cleaning hot gases is mandatory for heat recovery and
to improve plant efficiency.
• Many other processes in large industrial plants are sources of PM:
(Steel, Cement, Paper, Glass…etc.).
EMISSIONS CONTROL
Environmental Improvement Serious Economic Added Value
• 60% of the world chemical related industries handle products in
the fine powder form.
• Significant shares also apply to the Pharmaceutical Food
Ingredients, and Mineral industries, among others.
• Virtually all powder processing industries need gas-solid
separation
• Many are actively seeking to optimize the yield of their
processes and reduce powder losses.
POWDER RECOVERY
*Source: EU Clean Policy Act 2013 2
www.acsystems.pt
Market Overview: A Large, Growing Market for Filtration &
Separation Technologies
$ 7.3
$ 9.7
$ 0
$ 2
$ 4
$ 6
$ 8
$ 10
$ 12
2010 2017
USDBillions
Global Industrial Filtration Market1
1Source: Frost & Sullivan
2 Examples include the so called MCP Directive for small to medium size plants from the European Commission (18 December 2013)
Drivers of Growth
Industrials seeking alternative, disruptive solutions:
 New regulatory landscapes2 , more stringent emission
controls
 Emerging Markets
 Search for cheaper/environmentally sound solutions
 Lower total cost of ownership
 Higher efficiency production processes
 Alternative sources of energy, including heat recovery
3
www.acsystems.pt
Despite numerous advantages, cyclones have low efficiency
Reverse Flow Cyclones Benefits:
· Robust
· Absence of maintenance
· No pressure problems
· No moving parts
. Work on a dry basis
· No temperature restrictions
· No electrostatic components
. No filters
Wide Industrial Application
Problem:
Low efficiency for particles < 10
µm*
TYPICALLY, CYCLONES HAVE
TO BE COMPLEMENTED
WITH OTHER SEPARATORS
DUE TO THEIR LOW
EFFICIENCY
*1µm = 1/1000mm
www.acsystems.pt
ACS Core Technology: Highly Efficient Cyclones obtained by a
scientifically approach
Understanding How
Cyclones Work
Optimizing Cyclone
Efficiency
Unique Cyclonic
Recirculation Systems
 Difficult to model cyclone separation dynamics
 ACS has developed its own unique model for cyclone
efficiency prediction which takes into account agglomeration
(clustering) in turbulent flow fields
 ACS can rapidly generate millions of virtual prototypes and,
through numerical optimization, select the best geometry to
each given cyclone application
 The optimization approach has resulted in multiple cyclone
patents
 ACS has further increased cyclone efficiency with unique
patented recirculation systems, using pure mechanical or
electrostatic dynamics (ReCyclone®)
ACS’ competitive advantage is sustained by a unique ability to accurately estimate, and consequently guarantee, a
requested efficiency, resulting in better cyclones, tuned for their specific application
5
www.acsystems.pt
ESPs
Multi-
cyclones
EFFICIENCY Wet
Venturi
Scubbers
Bag
filters
TOTAL COST OF OWNERSHIP
ACS
Cyclone
Systems
Unique provider of high performance gas/solid separation at
the cost of conventional cyclones
6
By its superior efficiency, ACS cyclones displace other more maintenance demanding
technologies, such as Bag Filters, or much more expensive ones, such as ESPs
www.acsystems.pt
ACS has grown to become a worldwide reference in cyclones
in 5 years of existence
 Established in May 2008 by Pedro Araújo and Romualdo Salcedo, supported by
the CoHitec program and promoted by COTEC
 Backed by Espírito Santo Ventures in 2009, a renowned Venture Capitalist
 Headquarters in Porto, Portugal, with 16 employees today
 Unique scientific knowledge in cyclone design optimization and particle
agglomeration modeling
 Has become a worldwide reference in cyclones, with over 120 successful
installations in 26 countries in 5 years
 Scalable, highly profitable business model based on
‒ Clearly differentiated market position
‒ Optimized cyclone design and accurate efficiency prediction capabilities
‒ Validated right first time installation
‒ Introducing standardized solutions to meet a wide range of client industry
applications ACS Pilot System
ACS Office in Porto
www.acsystems.pt
Proven technology, global footprint - ACS has installed
products in 26 countries, with relevant references
EDP – ENERGIAS DE PORTUGAL (energy recovery)
SONAE INDUSTRIA (particle board)
MERCK (pharmaceuticals)
TEVA (pharmaceuticals)
NESTLE (milk powder production)
ARLA FOODS (proteins production)
EUROPEAN SPALLATION SOURCE (nuclear energy)
MOENGO MINERALS (mineral processing)
VYNCKE (biomass boilers)
HOVIONE (pharmaceuticals)
HEIDELBERG CEMENT (cement manufacturer)
CORRUGADOS GETAFE (steel making)
BOZEL (steel making)
BASUKI (coal boilers)
Some of our clients, among more
than 80
8
www.acsystems.pt
Case Study – Enabling the Recovery of Wasted Thermal Energy
from Biomass Boiler for EDP
• Expected Date of Conclusion 01/03/2015
• Client EDP – Energias de Portugal, an integrated utility
company, generates, distributes, and supplies electricity
in Portugal
• Location Portugal – Mangualde
• Technology Hurricane (10 batteries of 6 cyclones)
• Application Fly ash reduction at high temperature in
wood waste boiler. Objective: using the biomass boiler off
gases instead of natural gas for the process.
• Dimension 247,000 m3/h @ 305ºC
• Guaranteed Emissions < 100 mg/Nm3
• Alternative technology No known alternative
9
www.acsystems.pt
Commercialization strategy both directly address customers and
partner with solution
Own Marketing, Sales Force, Agencies, Distributors
2. Dryer /
Boiler
Manufacturers
ACS
3. Broad
solution
providers
4. Clients
Systems for new dryers/boilers Partnership with Boiler or Broad Solution Provider
Systems for existing dryers/boilers
ReCyclone EH to integrate a
new Berkes boiler for customer AMBEV.
Hurricane System to be integrated by AZO for
a powder recovery project for customer
UNILEVER.
Hurricane cyclones to be supplied directly to
customer Nestlé for an existing spray dryer.
EXAMPLES OF PREVIOUS PROJECTS
10
www.acsystems.pt
How it all started? A well balanced nuclear team in R&D,
Engineering and Commercialization
Founder and CEO – Pedro Ribas Araújo
Deep knowledge both of the business and of the technology
Industrial Engineering and Management from FEUP – University of Porto
MBA from NOVA University of Lisbon
Founder and CTO – Romualdo Salcedo
Unique experience of over 20 years in the field with numerous published articles
Chemical Engineering Degree from University of Porto
MSc (1977) and PhD (1981) at McGill University, Montreal
11
www.acsystems.pt
Ydeas
MBA Pedro /
Cohitec I
“Virtual
Company”
ACS - Cohitec II
“Real ACS” in
Edifício
Promonet
ACS in Edifício
Scala
12
Ideation
Exploring the
potential of many
different ideas.
Pedro approaches
Romualdo to explore
business idea
(01/2006)
ACS Idea is
accepted for
Cohitec I
(02/2007)
Pedro & Romualdo
decide bulding up
ACS
(01/2008)
Presentation
for investors
(10/2008)
ESV funding
of 1,4M€
(06/2009)
Strategic
Partner
Entry?
Advanced Cyclone Systems from scratch to where we are and the
important role of COTEC
ACS is
accepted for
Cohitec I
(01/2008)
1st year of
business
(Loss=±150k€)
(12/2010)
5th year
(Orders: ±4M€
Profit= ±1M€)
(12/2014)
Technologies
Team Building.
Creating value
propositions.
Business project
development.
Market studies
Overcoming legal obstacles.
Final business plan.
Gaining credibility from investors
Internet as a platform to
expose ACS to the world
Learning from clients where
ACS strongest markets are.
Product development,
refining and standardization.
Focus strategy on the
best geographical and
application markets.
ACS will need a boost
NOW!

Caixa Empreender Award | Acs (Cotec)

  • 2.
    www.acsystems.pt Filtration and SeparationTechnologies Address Two Main Market Needs • Increasingly strict Particulate Matter (PM) emission limits are being enforced worldwide. Poor air quality is the number 1 environmental cause of premature death in the EU* • Majority of combustion processes are associated with PM Emissions. Cleaning hot gases is mandatory for heat recovery and to improve plant efficiency. • Many other processes in large industrial plants are sources of PM: (Steel, Cement, Paper, Glass…etc.). EMISSIONS CONTROL Environmental Improvement Serious Economic Added Value • 60% of the world chemical related industries handle products in the fine powder form. • Significant shares also apply to the Pharmaceutical Food Ingredients, and Mineral industries, among others. • Virtually all powder processing industries need gas-solid separation • Many are actively seeking to optimize the yield of their processes and reduce powder losses. POWDER RECOVERY *Source: EU Clean Policy Act 2013 2
  • 3.
    www.acsystems.pt Market Overview: ALarge, Growing Market for Filtration & Separation Technologies $ 7.3 $ 9.7 $ 0 $ 2 $ 4 $ 6 $ 8 $ 10 $ 12 2010 2017 USDBillions Global Industrial Filtration Market1 1Source: Frost & Sullivan 2 Examples include the so called MCP Directive for small to medium size plants from the European Commission (18 December 2013) Drivers of Growth Industrials seeking alternative, disruptive solutions:  New regulatory landscapes2 , more stringent emission controls  Emerging Markets  Search for cheaper/environmentally sound solutions  Lower total cost of ownership  Higher efficiency production processes  Alternative sources of energy, including heat recovery 3
  • 4.
    www.acsystems.pt Despite numerous advantages,cyclones have low efficiency Reverse Flow Cyclones Benefits: · Robust · Absence of maintenance · No pressure problems · No moving parts . Work on a dry basis · No temperature restrictions · No electrostatic components . No filters Wide Industrial Application Problem: Low efficiency for particles < 10 µm* TYPICALLY, CYCLONES HAVE TO BE COMPLEMENTED WITH OTHER SEPARATORS DUE TO THEIR LOW EFFICIENCY *1µm = 1/1000mm
  • 5.
    www.acsystems.pt ACS Core Technology:Highly Efficient Cyclones obtained by a scientifically approach Understanding How Cyclones Work Optimizing Cyclone Efficiency Unique Cyclonic Recirculation Systems  Difficult to model cyclone separation dynamics  ACS has developed its own unique model for cyclone efficiency prediction which takes into account agglomeration (clustering) in turbulent flow fields  ACS can rapidly generate millions of virtual prototypes and, through numerical optimization, select the best geometry to each given cyclone application  The optimization approach has resulted in multiple cyclone patents  ACS has further increased cyclone efficiency with unique patented recirculation systems, using pure mechanical or electrostatic dynamics (ReCyclone®) ACS’ competitive advantage is sustained by a unique ability to accurately estimate, and consequently guarantee, a requested efficiency, resulting in better cyclones, tuned for their specific application 5
  • 6.
    www.acsystems.pt ESPs Multi- cyclones EFFICIENCY Wet Venturi Scubbers Bag filters TOTAL COSTOF OWNERSHIP ACS Cyclone Systems Unique provider of high performance gas/solid separation at the cost of conventional cyclones 6 By its superior efficiency, ACS cyclones displace other more maintenance demanding technologies, such as Bag Filters, or much more expensive ones, such as ESPs
  • 7.
    www.acsystems.pt ACS has grownto become a worldwide reference in cyclones in 5 years of existence  Established in May 2008 by Pedro Araújo and Romualdo Salcedo, supported by the CoHitec program and promoted by COTEC  Backed by Espírito Santo Ventures in 2009, a renowned Venture Capitalist  Headquarters in Porto, Portugal, with 16 employees today  Unique scientific knowledge in cyclone design optimization and particle agglomeration modeling  Has become a worldwide reference in cyclones, with over 120 successful installations in 26 countries in 5 years  Scalable, highly profitable business model based on ‒ Clearly differentiated market position ‒ Optimized cyclone design and accurate efficiency prediction capabilities ‒ Validated right first time installation ‒ Introducing standardized solutions to meet a wide range of client industry applications ACS Pilot System ACS Office in Porto
  • 8.
    www.acsystems.pt Proven technology, globalfootprint - ACS has installed products in 26 countries, with relevant references EDP – ENERGIAS DE PORTUGAL (energy recovery) SONAE INDUSTRIA (particle board) MERCK (pharmaceuticals) TEVA (pharmaceuticals) NESTLE (milk powder production) ARLA FOODS (proteins production) EUROPEAN SPALLATION SOURCE (nuclear energy) MOENGO MINERALS (mineral processing) VYNCKE (biomass boilers) HOVIONE (pharmaceuticals) HEIDELBERG CEMENT (cement manufacturer) CORRUGADOS GETAFE (steel making) BOZEL (steel making) BASUKI (coal boilers) Some of our clients, among more than 80 8
  • 9.
    www.acsystems.pt Case Study –Enabling the Recovery of Wasted Thermal Energy from Biomass Boiler for EDP • Expected Date of Conclusion 01/03/2015 • Client EDP – Energias de Portugal, an integrated utility company, generates, distributes, and supplies electricity in Portugal • Location Portugal – Mangualde • Technology Hurricane (10 batteries of 6 cyclones) • Application Fly ash reduction at high temperature in wood waste boiler. Objective: using the biomass boiler off gases instead of natural gas for the process. • Dimension 247,000 m3/h @ 305ºC • Guaranteed Emissions < 100 mg/Nm3 • Alternative technology No known alternative 9
  • 10.
    www.acsystems.pt Commercialization strategy bothdirectly address customers and partner with solution Own Marketing, Sales Force, Agencies, Distributors 2. Dryer / Boiler Manufacturers ACS 3. Broad solution providers 4. Clients Systems for new dryers/boilers Partnership with Boiler or Broad Solution Provider Systems for existing dryers/boilers ReCyclone EH to integrate a new Berkes boiler for customer AMBEV. Hurricane System to be integrated by AZO for a powder recovery project for customer UNILEVER. Hurricane cyclones to be supplied directly to customer Nestlé for an existing spray dryer. EXAMPLES OF PREVIOUS PROJECTS 10
  • 11.
    www.acsystems.pt How it allstarted? A well balanced nuclear team in R&D, Engineering and Commercialization Founder and CEO – Pedro Ribas Araújo Deep knowledge both of the business and of the technology Industrial Engineering and Management from FEUP – University of Porto MBA from NOVA University of Lisbon Founder and CTO – Romualdo Salcedo Unique experience of over 20 years in the field with numerous published articles Chemical Engineering Degree from University of Porto MSc (1977) and PhD (1981) at McGill University, Montreal 11
  • 12.
    www.acsystems.pt Ydeas MBA Pedro / CohitecI “Virtual Company” ACS - Cohitec II “Real ACS” in Edifício Promonet ACS in Edifício Scala 12 Ideation Exploring the potential of many different ideas. Pedro approaches Romualdo to explore business idea (01/2006) ACS Idea is accepted for Cohitec I (02/2007) Pedro & Romualdo decide bulding up ACS (01/2008) Presentation for investors (10/2008) ESV funding of 1,4M€ (06/2009) Strategic Partner Entry? Advanced Cyclone Systems from scratch to where we are and the important role of COTEC ACS is accepted for Cohitec I (01/2008) 1st year of business (Loss=±150k€) (12/2010) 5th year (Orders: ±4M€ Profit= ±1M€) (12/2014) Technologies Team Building. Creating value propositions. Business project development. Market studies Overcoming legal obstacles. Final business plan. Gaining credibility from investors Internet as a platform to expose ACS to the world Learning from clients where ACS strongest markets are. Product development, refining and standardization. Focus strategy on the best geographical and application markets. ACS will need a boost NOW!