Transcript SamoaFiber SynFuel Project

SamoaFiber Bio Fuel
Concepts
March 2007
Introduction
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Technology exists and is producing low cost alternative
fuels from biomass.
To create a larger scale success, a low cost rapidly
growing raw material is needed to supply this existing
technology.
SamoaFiber is the catalyst necessary to transform
technical successes into large scale supplies of bio-oil
for energy and other uses.
The combination of SamoaFiber and Fast Pyrolysis
produces a bio-oil that can either be used directly as a
primary fuel or co-fired alongside coal, natural gas or
oil in a power boiler.
Introduction Continued
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$50 million is being sought to ramp-up the production of
renewable SamoaFiber BioFuels (SFB).
SFB combines the use of a ligno cellulosic crop with fast
pyrolysis processing to create the lowest cost, highest
energy yield per hectare cellulosic crude available.
This cellulosic crude can be delivered to the rapidly growing
energy, gasification, ethanol and chemical markets anywhere
in the world.
Follow on rounds will be used for the installation of
additional processing plants and plantations on a global
basis to support the growing demand for alternative fuels.
SamoaFiber Features
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SamoaFiber (SF ) ( Gynerium Sagitattum ), a member of the
grass family grows in the wild in Peru and can be grown on
plantations.
SF has the same energy characteristics as wood but SF produces
4 times more per hectare than does the fastest growing wood.
SF can produce 5,000 dry metric tons per year per square
kilometer, which is up to 12 times more than other energy crops
or agricultural waste material.
SF can be harvested year-round eliminating storage issues as is
the case with agricultural crops.
SF does not require subsidies to be competitive with any other
biofuel offerings.
SamoaFiber vs. Other Energy crops
45,000
40,000
35,000
30,000
25,000
20,000
15,000
10,000
5,000
0
kg/ha/yr
Rice Straw
Wheat Straw
Switch grass
SamoaFiber
Bio-oil
kg/ha
Crude
equiv.
liters/ha
Pucallpa/Iquitos Peru – Manaus Brazil
.
Iquitos, Peru
Pucallpa, Peru
Upper Amazon Basin
Upper Amazon Basin
Wild
Growth
in Peru
Harvesting
Wild SamoaFiber
58,000 ha Operating Area
Meeting with President Garcia
Letter from Minister of Agriculture
Fast Pyrolysis Background
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Fast Pyrolysis (FP) is uniquely suited to process very
fast growing SF into a low cost cellulosic crude oil to
supply the gasification market.
FP breaks down cellulose into useful carbon containing
compounds in a very cost effective manner.
FP is a proven process that will extract a bio-oil from
SF that has the same energy content as low grade coal.
Bio-oil has approximately the same consistency as
crude oil and is easily transported via tank truck or
large tanker ships.
FP units are relatively inexpensive and can be installed
adjacent to SF plantations.
SF Fast Pyrolysis and Markets
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Process heat
Chemicals
Gas
Fast Pyrolysis
Using SF
Liquid
Cellulosic Slurry
Slurry
(Cellulosic
Gasification &
Ethanol
Industries
Transport fuels
Charcoal
Power
Pyrolysis heat
Charcoal Sales
Technical Data
Air Emissions Characteristics
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SOX
Negligible
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NOX
30% of fossil fuel
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Heavy Metals Negligible
Bio Oil Market Dynamics
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Mandated usage for Power generation:
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EU- 12% by 2010
US- varies by state…5-10% by 2015
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Mandated usage for Transportation fuels:
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EU- 2% by 2005, 5.75% by 2010 ( total market 950
billion gallons, 3,600 billion liters)
US- 7.5 billion gallons by 2012, 30% of the market by
2030.
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Market Penetration Strategy
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Phase 1- Completed-Proof of Concept.
Phase 2- Market Bio-Oil to Power Plants,
Gasifiers, and Ethanol Producers.
Phase 3- Produce fuels in biorefineries adjacent
to SamoaFiber plantations between latitude 35
degrees North and 35 degrees South.
In Phase 3 SamoaFiber will be one of the
world’s lowest cost producers of biofuels.
Sources & Uses
Sources & Uses to Produce
200,000 TPY Bio-Oil
Financing
$50,000,000
Fast Pyrolysis Plant
Plantation Development
Working Capital
Total Uses
$41,500,000
4,600,000
3,900,000
$50,000,000
SamoaFiber Has Superior
Economics to Tar Sands
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1 Unit of 200,000 metric tons per year bio-oil
SF BOE 1
621,484
Plantation Cost $ 3,110,000
FP Costs
$ 1,839,125
Production Cost $ 4,949,125 per BOE $7.96
Plus SG&A 2
$ 4,269,250 per BOE $6.87
Total Cash Cost/BOE
$14.83
Alberta Tar Sands 3
$35.00
1-barrel of crude oil energy equivalent
2-includes sales commission
3-Wikipedia
Bio-Oil Has Superior Economics to
Other Renewable Oils Used Today
Fuel
Palm Oil
Soybean Oil
SamoaFiber Oil
Source:
World Bank, Company analyses
Price/
Tonne
$506
$613
$180
BOE
$74.42
$90.54
$57.93
Investment Considerations
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LOI executed for output from 1st unit.
Using the Fast Pyrolysis system to produce bio-oil from
SamoaFiber will result in a low cost renewable fuel.
SF bio-oil from a fast growing plant, using low cost land
and labor makes the fuel very cost effective versus other
renewable oils and most fossil fuels.
SF and FP solves the current problems associated with
biomass fuels in terms of energy yield, consistent supply
and transportation.
SamoaFiber bio-oil meets renewable fuel mandates.
SamoaFiber bio-oil has further downstream applications as
a raw material for chemicals and transportation fuels.
END
Fast Pyrolysis Schematic
Gas to process
Samoa
Fiber
Cooling Tower
Fast
Pyrolysis
Condenser
Heat Exchanger
Air
Oil to Market