Introduction to Beneficial Reuse company Altiras Recovery, who focuses on reuse of various non-hazardous and hazardous secondary materials. Altiras refers to these as secondary chemicals, which include coproduct chemicals, byproduct chemicals, used chemicals, as well as surplus and offspec materials.

1. Beneficial Use Companies

2. Purpose & Agenda
Purpose:
1. Introduce Altiras Recovery
2. Provide overview of Altiras Recovery Capabilities and Projects
Agenda:
 Altiras Recovery Overview
 Altiras Overview
 Altiras Recovery Background
 Projects Examples
 Altiras Regulatory Know-How
 Characteristics of Beneficial Use Projects that fit the Altiras Model
 How our Process Works
 Exploration of Potential BASF Opportunities

3. Secondary Chemical
Distribution (Use “as
is”)
Secondary Fuel
Distribution (Use “as
is”)
Industrial Waste and
Environmental Project
Services
Capital Projects in
Beneficial Use Projects
Distillates Distribution
in Mexico
Solvent Recovery Capital
Projects in Puerto Rico

4. Altiras Recovery business focus
▪ Beneficial Use Capital Project Development
▪ Research and Development Company
▪ Technology focused on commercialization for
economic return
▪ Business Incubator
▪ Geographic focus on USA and territories, plus
Latin America

5. Altiras Recovery Project Example 1
– Gasoline Recovery
53000 BBL of High Gum Gasoline with diesel and water, land-
locked in tank farm, requiring processing and foreign sale
▪ Multimodal movement (pipeline, truck, barge)
▪ Product recovered via vacuum distillation
▪ Products sold as required
▪ Entire process completed in 60 days.

6. Altiras Recovery Project Example 2
– 100 year old asphalt
400,000 cubic meters of high asphaltene material with pH <1, and toxic gas
▪ High SOx content (8 hr PEL below H2S)
▪ Hydrogen embrittlement allowing destruction of hardened steel parts in <
48 hours (equipment tracks and undercarriages, dozer blades, dump truck
beds, rollers, etc).
▪ Extremely high odor management requirements (odor threshold <1 ppm)
▪ $3 MM of Capital Equipment depoloyed
▪ Developed 3 beneficial use products
▪ Solid Fuel
▪ Liquid Fuel
▪ Asphalt Road Base
▪ Multiple novel solutions developed for treating and deodorizing

7. Altiras Recovery Project Example 3
– Solvent Recovery for Filter Maker
Recovery and beneficially use 9 MM lbs/year of mixed solvents
and 53 MM lbs/year of waste water
▪ $12 MM capital project
▪ Mixture of 3 solvents, plus water, plus…..
▪ Wastewater with many organic constituents, requiring COD <
250
▪ 1 Solvent very sensitive to temperature (discolors at >250 F
and freezes at 77 F)
▪ Product recovered via vacuum distillation plus novel methods
▪ Wastewater treatment via multiple steps to meet POTW
requirements

8. Altiras Recovery Project Example 4 –
Crude Oil Recovery from Mexican
Lagoons
Recovery and beneficially use 6 MM BBL of high viscosity, high
sulfur Mexican crude oil from 2 different lagoons in different
geographies
▪ Expect >$6MM Capital deployment
▪ Crude oil contains water, solids, and viscosity >2MM cSt
▪ Remote location
▪ Nearby residents surrounding area
▪ Revenues purely by recovery of product

9. Altiras Recovery Project Example 5
– NMP Solvent Recovery
Recovery and beneficially use 4 MM lbs/yr of n-methyl-2-
pyrrolidone
▪ Capital Investment of $5MM
▪ Recovery NMP to Electronics Grade specs
▪ Revenues purely by recovery of product

10. Altiras Regulatory Know-How
Altiras has broad experience in accomplishing regulatory
approval for Beneficial Use Projects
▪ Successful exclusion for client with high chromium in
products made from beneficially used raw materials
(sulfuric acid and scrap metal)
▪ Successful conversion of multiple byproduct waste chemical
streams to fuel cutter stocks
▪ Successful conversion of dozens of former wastes into
beneficial use streams
▪ Multiple successful applications of 40 CFR 261.4 exclusions

11. Altiras Recovery – Ideal Projects
Ideal Project Characteristics for Altiras
▪ Value of contained materials at >$5MM/year in purified
product form
▪ Opportunity to recover material on-site or adjacent
▪ Recovery under 40 CFR 261.2 or 261.4 or otherwise excluded
from RCRA
▪ Finished product sold back to raw material supplier
▪ >10 year contract term
▪ <$30 MM in required Capital
▪ Inside USA or Territories or potentially in Latin America

12. How our Process Works
▪Identify potential opportunities
▪Collect and Exchange information
▪Screen opportunities for key characteristics
▪Safety
▪Economic Potential
▪Capital Required
▪Technology Required
▪RCRA Pathway
▪Risk Assessment
▪Develop Project Scope
▪Letter of Intent
▪Process Engineering
▪Definitive Contract
▪Financing and EPC
▪Startup

13. Exploration of Potential
Opportunities