ICT role in 21st century education and its challenges
POET-DSM Project Liberty Austin December 2013
1. POET-DSM Advanced Biofuels:
POET-DSM Advanced Biofuels:
Presentation Title
Two Innovative Companies
Two Innovative Companies
One Shared Vision
Author
One Shared Vision
Author’s Title
Event
Date
2. POET-DSM Advanced Biofuels
two innovative companies – one shared vision
• One of world’s largest
ethanol producers
• Efficient, vertically
integrated approach to
production
• Pilot-scale cellulosic bioethanol plant
• 27 facilities producing 1.6
bln gal. of ethanol and 9
bln lbs. of DDGS
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• A global leader in industrial
biotech focused on Life
Sciences and Material
Sciences
• Committed to sustainability
as a key business and
societal driver
• 22,000 employees bring
annual sales of $13 bln
4. The Future
• POET-DSM Advanced Biofuels has a tremendous amount of
potential & value to domestic markets
• According to the EPA, 350-400 new biorefineries will have to be
constructed by 2022 to meet the 16 BGPY cellulosic ethanol
volume requirement in the RFS
– EPA forecasts 7.8 billion gallons of cellulosic bio-ethanol from
corn crop residue by 2022
• POET-DSM Advanced Biofuels is expected to produce revenue in
the first half of 2014
– Revenue will come from the sale of cellulosic bio-ethanol,
biogas and license income of the technology package
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5. Renewable Fuel Standard
The RFS drives volume, RINS bring value and future
engines need the octane of mid level blends
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6. Need for Alternative Energy
Global Economic Crisis
Environmental
Destruction
War
Peak OIL
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7. Impact of Higher Ethanol Blends
to our Fuel Supply
• Economy, National Security, Environment, Health
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Breaks monopoly big oil has on price controls
Helps fulfill the RFS
Reduces our need for imported oil
Helps allow café standards to be realized
Helps T3 objectives to be met
Lowers costs
Reduces aromatic content in fuel
Strengthens rural America
Offers higher octane fuel, critical to auto manufacturers
meeting café standards
– Etc……
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9. Rolling it Out: National
Impacts
U.S. has 1 Billion tons of
available biomass
– That’s 85 - 90 billion gallons annually
– Equal to 60% of U.S. transportation fuel supply
– And…America imports 60% of its petroleum!
Cellulosic ethanol represents thousands of
good, green jobs at home
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10. WHY CORN CROP RESIDUE?
-Economically viable
-Available harvest and transportation equipment
-Harvest convenience
-Does not slow the corn grain harvest
-Ease of biomass transportation
-Environmentally sustainable
-Good ethanol yield
-Represents at least 5 billion gallons of the 80 billion from biomass in
U.S.
-Offers a replicable model for rapid expansion
-LIBERTY will purchase over $20 million in feedstock from area farmers
-All biomass is local – fits with grain based ethanol facilities
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the
11. Cellulosic Ethanol Economic Benefit
• Each plant brings an investment of $200
million+ and hundreds of construction jobs.
• Workforce of 40+ people brings over $2
million into the community per year before
add-on affects.
• The plant will spend over $20 million for
biomass acquisition each year.
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12. Energy Security & the Environment
• A single plant will reduce oil imports by about 1 million
barrels per year substituting U.S. jobs for about $50
million in annual foreign spending.
• Cellulosic ethanol has to be at least 60% better than
gasoline in green house gas emissions. A single plant
will reduce over 210,000 tons of CO2 per year or the
equivalent of about 35,000 cars.
• We gather about 25% of the corn stover from the field,
which has been demonstrated to be long term
sustainable.
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13. A BOON FOR RURAL AMERICA:
Impact of Project LIBERTY
on for rural America:
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14. Project LIBERTY at a glance
•
Production: 25 million gallons of bio-ethanol per year
•
Feedstock use: 770 tons of biomass per day (approx.
285,000 tons per year)
•
Byproduct is energy, enough to power the facility and export
to the adjacent plant
•
Expected start of production: first part of 2014
•
Project cost: $250 million
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16. Project LIBERTY
• Began construction on cellulosic biorefinery in early
2012
• 20 million gallon cellulosic ethanol plant ramping
up to 25 million gallons
• Co-located with existing grain-based ethanol plant
utilizing some existing infrastructure
• POET-DSM designed sustainable biomass supply
system
• Lignin and co-products used to produce biogas and
burned in solid fuel boiler for green energy used in
grain ethanol plant
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17. LIBERTY Facts
•
•
Cellulosic Ethanol Production Capacity: 20 million gallons per year, ramping up to 25 million gallons
•
Annual Revenue for Area Farmers: $15-20 million. Custom harvesting opportunities for new/young farmers
to gain lower-cost entry into agriculture
•
2012 Harvest: 75,000 tons (2013 target is 100,000 tons)
•
Power Generated: Enough to power Project LIBERTY and export some energy to the adjacent grain ethanol
plant.
•
Approximate Project Cost: $250 million
•
Permanent Jobs Created: 40 Biorefinery Employees
•
Construction Jobs: 100-200
•
Annual Payroll & Benefits: Over $1.6M
•
Impact on local taxing entities: $1 million+ annually
•
Impact on state (Iowa) taxing entities: $250,000+ annually
•
Biorefinery Site: 25.6 acres (in addition, biomass stackyard is 29.3 acres)
•
Expected Start of Production: Early 2014
Daily Feedstock Requirements: 770 tons of corn cobs, leaves, husks and some stalk
“crop residue”
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JV = Two innovative companies that have one shared vision: making cellulosic ethanol a (commercial) reality;
Two companies leading the transition from a petroleum-based economy to a bio-based economy.
POET
one of the world’s largest ethanol producers
leader in biorefining through its efficient, vertically integrated approach to production
25-year-old company
pilot-scale cellulosic bio-ethanol plant (Scotland)
production capacity in excess of 1.6 billion gallons of ethanol and 9 billion pounds of DDGS annually from its 27 production facilities.
DSM
global science-based company active in health, nutrition and materials
connecting its unique competences in Life Sciences and Materials Sciences
driving economic prosperity, environmental progress and social advances to create sustainable value for all stakeholders
22,000 employees
extensive global footprint
annual net sales of about € 9 billion/ US$ 11 bln
JV
Announced Jan 23, 2012
commercialize and license cellulosic bio-ethanol
Objective: make advanced biofuels a reality by 2013
Based in Sioux Falls (SD)
