STANDARD OIL COMPANY. Pyrolysis and Gas-to-Fuels Liquefaction Plants

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STANDARD OIL COMPANY Pyrolysis and Gas-to-Fuels Liquefaction Plants Developing cutting-edge green technologies for the conversion of carbonaceous materials to cleaner energy solutions

Contents Standard Oil Company Scrap Tire Processing 1 2 3-5 Title Page Contents Introduction Introducing the company and technologies benefits 6-11 Technology Process More detailed description of the process 12-14 Key Technological Advantages Advantages of technology 15-18 Existing Tire Plants Photos and renderings of different plants currently in operation around the world 19-22 Proposed Investment Structure and interests 23 Q&A Standard Oil Contact Information Existing Plants 2

Introduction (1) Standard Oil Company is an oil and gas company focused on pursuing viable energy independence solutions. Standard Oil Company USA Inc. acquired trademark rights for Standard Oil Company. It is in the process of developing, financing, constructing, owning and operating around the world. Pyrolysis-Liquefaction Waste-to-Liquid ( WTL ) plants Pyrolysis-Liquefaction Coal-to-Liquid ( CTL ) plants, Biosolid-to-Liquid ( BTL ) plants, and Gas-to-Liquid ( GTL ) plants. It has been able to acquire certain world rights to a proprietary technology for producing synthetic liquid fuels from such feedstock such as plastics, used tires and MSW from landfills. Proposed Investment 3

Introduction (2) Standard Oil stechnology can assist our partners and clients in achieving a broad range of longterm goals, including; Energy independence Diversification of revenue sources Responsible for profitable disposal of operating waste streams Solving existing environmental problems Standard Oil stechnology converts scrap tires into the following main bi-products Synthetic Fuel (i.e. premium petrol, diesel, jet fuel, fuel oil) Scrap Steel Introduction Carbon Black 4

Introduction (3) Pyrolysis Unit Gas-to-Fuels Liquefaction Unit Introduction 5

Technology Process Feed Stock Bin Automatic feed auger / transfer system Flue Stack Gasified product vapors Combustion chamber Vapor condenser Vacuum pump Pressurize d gas storage Condensed liquid Super-low NOx burner Ash discharge Technology Process 6 Gas supply

Technology Process (1) Preprocessing of Feedstock Pyrolysis Processing Producer Gas Gas Scrubbing and Cleaning Synthesis Gas A sterile and feedstock must prepared before Pyrolysis Unit. homogeneous be properly entering the Feedstock Examples Used Tires Plastic Waste Coal Municipal Waste Paper Pulp Sludge Sewage Sludge Gas-to-Synthetic Liquid Fuel Technology Process 7

Technology Process (2) Preprocessing of Feedstock Pyrolysis Processing Producer Gas Gas Scrubbing and Cleaning Synthesis Gas Gas-to-Synthetic Liquid Fuel Technology Process Feedstock enters the Pyrolysis chamber (transformation chamber) where temperatures ranging from 900F 1150F facilitate the exothermic conversion of the feedstock and ultimately, the generation of producer gases and carbon black. Producer Gas These are volatile gases which are extracted from the homogenous feedstock during the Pyrolysis processing stage. These gases are then drawn from the Pyrolysis chamber with the use of a gas blower. 8

Technology Process (3) Preprocessing of Feedstock Pyrolysis Processing Producer Gas Gas Scrubbing and Cleaning Gas Scrubbing and Cleaning The gas blower used to extract the producer gas from the pyrolysis chamber draws it through a gas filtration system which cleans the gas of any hazardous or carbon particles. Next, the gas passes through a sulfur-scrubbing process. The result being a high-btu, lowsulfur, clean and dry synthesis gas. Synthesis Gas Gas-to-Synthetic Liquid Fuel Technology Process 9

Technology Process (4) Preprocessing of Feedstock Pyrolysis Processing Producer Gas Gas Scrubbing and Cleaning Synthesis Gas Gas-to-Synthetic Liquid Fuel Technology Process The high-btu gas is then processed through a gas-toliquefaction system to be converted into synthetic fuels. Fuel Examples Diesel Fuel Jet Fuel Premium Petrol Fuel Oil This integrated system is capable of producing high volumes of ASTM International approved fuel which can be used onsite or blended with traditional fuel to be sold on the 10 open market.

Technology Process (5) Pyrolysis Technology is Self Sustainable 1. Volatile Producer Gas also used to power the specially designed super-low-nox burners used to heat the homogenous feedstock, keeping most mechanical needs within the system. 2. These systems are also able to produce electricity from the producer gas. Pyrolysi If one Pyrolysis unit is set up Electric s onsite and to be connected with ity Process an electrical production system, ing such as a gas turbine, it would provide all the electrical needs to maintain the system. Gas Produc Turbine er Gas This would allow the system to function completely self-reliant of all outside energy sources. Technology Process 11

Key Technological Advantages (1) There are many advantages of Standard Oil over other older includes: technology, Closed-loop system produces NO emissions from the waste being processed, with the only emissions coming from the super-low-nox burners used to indirectly heat the Pyrolysis unit Avoidance of exposure to air, oxygen, open flame and high temperatures during Pyrolysis greatly reduces the formation of toxic products and increases the energy content of the raw producer gas Ability to concurrently process multiple waste streams Ability to produce synthetic gas for production equipment, burners and boilers Modular engineering design concept provides for built-in redundancy of key Ability to use raw producer gas for electricity production components, and common maintenance and replacement parts thereby limiting downtime and maintaining near 100% production capacity. Ready system scalability, downward and upward Self-cleaning Pyrolysis system with little or no downtime System design provides for self-sufficiency without a need for outside sources of energy Potential for transportable design Ability to design, deploy and operate fully-integrated, cost-effective systems Key Technological Advantages 12

Key Technological Advantages (2) The Standard Oil Company Pyrolysis System is a proprietary technology far superior to any thermal processing technology in the market. Simple Standard Oil Pyrolysis Unit Feed valve Cyclonic particle/air Flue pipe separator Waste (MSW) feed hopper Cooling tower Auger drive Auger chamber Burner / indirect heat exchanger PLC based control panel with Honeywell burner box controls Key Technological Advantages 13 Structural skid module

Key Technological Advantages (3) World s Most Efficient Burner The Standard Oil Pyrolysis System utilizes the a patented and proven super-low NOx burner that achieves the lowest level of NOx in the world(5 to 9-PPM) with cleaner emission levels than even the best low-nox boilers. Guaranteed burner / flue stack emissions*: CO < 100-PPM NOx < 50-PPM This burner produces the lowest level of emissions (CO2, NO2, and SO2) compared with any other rated burner in the world. These burners operate from the producer gases originating within the system and are only functioning when the Pyrolysis chamber drops below levels ideal for exothermic conversion. This allows these systems to become the most efficient of Key Technological Advantages their kind. *Emissions are often lower than above 14

Scrap Tire Processing Plants Systems have been designed and installed in the USA and several locations outside the USA. The systems have been proven in the waste-to-energy business since the early 1990 s with the redesign of one of two existing scrap tire to fuel plants in China. Pictures of these plants are shown. Existing Tire Plants 15

Scrap Tire Processing Plant The designs below are of a 200 ton per day tire processing installation that is functioning. Existing Plants 16

Scrap Tire Processing Plant Washington The system pictured below is a 12 ton per day system which was commissioned in Tacoma, Washington earlier last year. Existing Plants 17

Additional Operations Tennessee Plant The waste gases produced from this Tennessee scrap tire plant are being used to fire a Liebherr generator set. Existing Plants 18

Proposed Waste Processing Projects Phase One (Second Quarter 2014) Texas Plant an initial 50 metric tons per day (potential 100 tons) New Jersey Plant an initial 50 metric tons per day (potential 100 tons) Phase Two (Third Quarter 2014) Texas Plant an expansion of 100 metric tons per day New Jersey Plant an expansion of 100 metric tons per day Phase Three (Forth Quarter 2014) New Jersey Plant an expansion of 100 metric tons per day Canada Plant an expansion of 50 metric tons per day Phase Four (First Quarter 2015) Kentucky Plant MSW initial 400 metric tons per day. Proposed Investment 19

Proposed Scrap Tire Processing Projects Agreed Supply Agreements Texas Plant 25 year contract - an initial 50 metric tons per day (potential 100 tons) New Jersey Plant 20 year contract - an initial 50 metric tons per day (potential 100 tons) Ongoing Negotiations Kentucky 25 year contract - an initial 50 metric tons (potential 100 tons) Florida Plant 25 year contract - an initial 100 metric tons per day (potential 200 tons) Proposed Investment 20

Proposed Scrap Tire Processing Plant Funding Phase One Funding Investor Equity US $7.5 million - 50% of Equity Standard Oil Equity US $7.5 million- 50% of Equity Use of Phase One Funds Texas Plant US $15, million for an initial 100 metric tons per day Phase Two to Five Funding New Jersey Plant US $7.5 million for an initial 50 metric tons per day Proposed Investment 21

Proposed Investment Structure Private Investor 50% Joint Venture Agreement Standard Oil Company Energy Oil Standard Dynami Internationa csl Standard Oil Company O&M Agreement Plant JVC Fuel Sales Carbon Black Scrap Steel 50% Proposed Investment 22 Offtake rs

STANDARD OIL COMPANY For more information please contact CEO Ronald Brooks 111 Lincoln Centre 5430 LBJ Freeway Ste. #1200 Dallas, TX 75240 RBrooks@standardoilusa.com Thank You