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1 Version: Nov 13 th 2015

2 Plastic waste is a rapidly increasing problem in our modern world. Although many techniques exist to serve the re-use and re-cycling of plastic waste, still a large amount of plastics end up in incineration plants or in dump sites (or worse: at the side of the road). These streams of end-of-life plastic contain large amounts of plastics that can be converted into valuable oil. In order to convert these plastics safely and reliably into high quality oil, the BlueAlp Technology plastic-to-oil process is developed.

3 1997 Dr. Gerold Weser and RISI start developing a process for converting plastic waste into oil. First on lab scale, later in full production plant Plant named RVA (Reststoffverwertungs AG). In 2008 name changed to PlastOil AG European norms for diesel become more strict (chlorine requirements introduced and max. sulphur content decreased) and PlastOil plant not commercially viable anymore. Petrogas is approached by PlastOil AG and is contracted for optimising test plant, technology development and commercial plant construction. In January 2014, Petrogas buys PlastOil AG (incl. patent and pilot plant in Sihlbrugg). In H2 2014, new technology development and duration tests, incl. due diligence by independent Dutch authority. Roll-out of new technology under the name BlueAlp Start-up of first commercial plants.

4 Rumali (Mr. v.d. Ree) Mourik Holding 30% 70% 30% 70% 100% BlueAlp Holding Petrogas International Mourik International 100% 100% 100% BlueAlp Innovations LTA BlueAlp BV Engineering & services Petrogas Gas Systems LTU EPC Contract Client LTA = License to Apply LTU = License to Use

5 1949 Petrogas founded s Slochteren gas field discovered in The Netherlands. Petrogas starts supplying gas treatment skids to the Dutch Gasunie. Focus shifts to gas treatment, oil & gas and (petro)chemical projects worldwide Own large workshop / construction facilities in Eindhoven (The Netherlands) Mourik starts participation in Petrogas Petrogas is approached by PlastOil AG and is contracted for optimising test plant, technology development and commercial plant construction. In January 2014, Petrogas buys PlastOil AG (incl. patent and pilot plant in Sihlbrugg). In H2 2014, new technology development and duration tests, incl. due diligence by independent Dutch authority). End of 2014: BlueAlp is split off from Petrogas.

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7 Petrogas has supplied projects to all parts of the world, in over 80 countries. Some examples of recent projects are shown in the next slides

8 Location: Client: Scope: Jemgum, Germany WinGas (Wintershall & Gasprom JV) Gas Dehydration & TEG Regeneration Package

9 Location: Client: Scope: Sultanate of Oman Shell / PDO Gas Dehydration & TEG Regeneration Package

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11 Typical BlueAlp scope of supply and services: Project management, engineering, QA/QC Process equipment and modules Plastic-to-oil system Feedstock pre-treatment Utilities (cooling water, thermal oil, back-up generator, instrument air, nitrogen, etc) Tank farm and oil offloading Complete control systems, power distribution and DCS Civil works, building, foundations and infrastructure (optional) Erection, pre-commissioning, cold commissioning, hot commissioning Spare parts and after-sales technical assistance Operation & maintenance (optional)

12 The BlueAlp Technology comprises the following main steps: 1. Feedstock pre-treatment (shredding, analysis, sorting, drying); 2. Melting and cracking of the plastics; 3. Condensation of the gases from the cracking process; 4. Distillation of the condensed liquids; 5. Treatment, storage and unloading of the product oil. (See next page for schematic process overview.) Additionally, the system includes various auxiliary systems as well as a complete control system. No catalysts are used in our process. The BlueAlp Technology has been positively evaluated by a Dutch independent institute.

13 Plastic-to-oil Flue gas Utilities: Input Waste Water Water Treatment Gas Washer Burner for Hot Oil Syst Cooling Water Storage (bales) Condensors Light Fraction Hot Oil System Nitrogen System Pre- Treatment Melting Crack Reactor Reboiler Final Treatment Product Oil Storage Instrument Air System Rest Waste Char

14 Basic plot size: 110 x 80 m (1 Ha) Alternative lay-outs possible (incl. possibility for installing in/besides existing building).

15 Typical feedstock sources are: domestic end-of-life plastic waste, industrial plastics, agricultural foils. Feedstock shall preferable consist of plastic wastes which are not economically or technically suitable for traditional mechanical recycling. A. Optimal design B. Re-use C. Re-cycle D. Incinerate E. Dumping / Landfill Ladder van Lansink Typical feedstock composition: PE (LD/HD) / PP / PB wt% PS / EPS 0 25 wt% PVC: max. 2 wt% PET: max. 5 wt% Water: max. 20 wt% Others: depends per case

16 Key figures of a standard BlueAlp plant: Feedstock capacity: 116 TPD Nett capacity: 60 TPD Product oil output: ~ 18 mio liter/yr Product oil yield: ~ 0,9 liter/kg Product oil quality: heating oil * Plant availability: >7500 hrs/yr * Compliance with diesel norms to be reviewed per specific country. For each project, the contractual technical guarantees are formalized in a Letter of Technical Guarantees.

17 BlueAlp is part of the Mourik group-of-companies. Mourik is a Dutch family-owned business with a yearly turn-over of ~430 mio euro and more than 2000 employees, operating in 45 countries. The Mourik annual report (2014) can be downloaded here. For engineering and construction, BlueAlp works very closely with Petrogas, also part of the Mourik group. Petrogas has over 65 years experience in the oil & gas and (petro)chemical industry. The process modules for the BlueAlp process are fabricated and assembled in Petrogas workshop in Eindhoven (The Netherlands).

18 All plants using the BlueAlp Technology are connected to our Remote Plant Monitoring System. BlueAlp s after-sales services include: 24/7 hot line for operator assistance Exhaustive spare parts program Plant optimization audits The use of the technology in the plant is subject to a License to Use.

19 BlueAlp BV Harderwijkweg PW Gouda The Netherlands Tel.: +31 (0) info@bluealp.nl

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