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EXECUTIVE SUMMARY CONDENSED
- 1. INDUSTRIAL CONSULTANTS INC________________________________________________ 29 GEORGE BENNETTROAD, LEE, NH 03861 603 365 0251 indust.consult@rcn.com NHcleanenergy.com THE ULTIMATE IN RECYCLING And Also reducing the need for more petroleum Our plant converts landfill materials (our feedstock) such as asbestos containing waste, automobile fluff (plastics and fabric), unburnable construction debris, railroad ties and general municipal solid waste (MSW) into synthetic products. Additionally, eliminating MSW from landfills reduces the production of methane gas. Our first plant design is being built in England. We would like to build a second generation and more efficient plant in NH. One reason for building in NH is the fact that a large amount of landfill material from MA is being sent to landfills in NH. Our feedstock tipping fee can be competitive because of the high value of the synthetic products produced, including electricity to the grid, the value of the “waste heat” from generating electricity and the production of molded vitreous glass that can be used as building blocks. Sulfur is removed from the process and can be sold to farmers. There is an opportunity to generate our own automobile fluff and crumb rubber by recycling the entire automobile. We can accept all construction debris, remove and recycle the metal and other usable materials. The very high temperatures to which the feedstock is subjected results in producing mostly plasma gas that contains basic elements and turns even asbestos into a liquid component of vitreous glass. The gas is scrubbed clean leaving carbon monoxide and hydrogen that is converted to non-petroleum, synthetic hydrocarbon products. Some carbon dioxide will be generated in the process equal to or less than that amount produced by a natural gas fired power plant of the same electric output. Grants will be sought to convert the carbon dioxide to fuel. Our primary non-petroleum product is synthetic paraffin generally known as wax. North American wax consumption is approximately 3 billion pounds/yr. We expect to produce at least 4.5 million lbs/yr. of synthetic wax, which is more desirable because it is not made from coal or petroleum. The largest use of wax is in packaging, followed by candles and building materials. Other lesser-known uses include adhesives, anti-oxidation agents in tires, cosmetics, food coatings, investment casting, polish, as lubricants and in the manufacture of PVC (i.e.; plastic pipe). The second largest amount of product to be produced is renewable transportation fuel that is a drop-in replacement for petroleum diesel, called F-T diesel (ASTM D 975) and jet fuel (JP-8). The United States military has indicated their intention to use these fuelsi . Other customers include airlines looking to reduce their greenhouse gas emissionsii , fleet operators like UPSiii who want to do their share to be “green” and existing distributors of conventional petroleum-based fuels that need sulfur free F-T diesel to blend with high sulfur fuels to meet the EPA’s Renewable Fuel Standardsiv .
- 2. A third valuableproduct is naphtha. We expect to produce 8000 gallons/day. Presently the spot price is about double that for gasoline. It is used primarily as a blend for gasoline. As paint thinner it sells for about $18/gallon. It can be cracked to make ethylene, propylene, benzene and toluene. In addition to producing renewable fuels and synthetic products, the facility can be highly integrated with the patented and patent pending technology developed by NovelEdge Technologies, LLC and Industrial Consultants Inc. This allows for the co-production of generous amounts of renewable electricity. This electricity can be sold “over the fence”, sold under contract to utilities, sold to the grid at prevailing prices or used for greenhouses. Since our highly efficient combined cycle power plant produces a great deal of steam, it is perfect for a combined heat and power (CHP) application. Waste heat from our facility and low-pressure steam from our turbine(s) can be sold as process steam, for district heating or greenhouses. Providing renewable energy to offset fossil fuel use lowers airborne emissions and reduces greenhouse gases. Back Yard Farms in Maine is an example of a large scale greenhouse food producer. Each equipment manufacturer that we have chosen has both state-of-the-art equipment and demonstrated flexibility in the type of feedstocks that they can process. Companies other than those that we chose, have their own proprietary process that is not flexible or very expensive. We contend that it is necessary to be able to adjust feedstocks and types of outputs as the market may demand. Our web site www.NHcleanenergy.com has links that lists similar plants and has links to several companies. In these company links we comment as to how our process is different. Environmental issues Many organizations, including friends of the Sierra club, conservation groups, economic development groups, towns that have landfills and others, have indicated that they will support our efforts and some have asked us to consider building a plant in their area. (Letters available) The preliminary plans have been reviewed by the State of NH Environmental Department and are ready to approve our plant design. Sustainable Competitive Advantage We have no competition. There are no other processes or plant designs known in the United States that are as versatile and efficient (we are about 85 % and climbing). We also do not require government or ratepayer subsidies to maintain profitability although some subsidies may be available for renewable fuel and electricity. Presently grants are available to further utilize our excess heat and electricity. Business Plan Timetable The engineering firm with which we are negotiating concludes that we can design, build and be in production within 2 ½ years. William Fortune as President will continue to use his experience in heavy industrial construction, specialty industrial equipment development, contract writing and pro se legal work to marshal the best companies and personnel to build the best facilities and will continuously push to make improvements. Other: internal rate of return after 20 years (discounted cash flows) 9%; assuming selling the raw output to commercial buyers.
- 3. Submitted this 30th dayof January, 2015 William Fortune, President, Industrial Consultants Inc 603 365 0251
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