OTI High Performance, Environmentally Responsible Cleaning Solutions

COPYRIGHT BY OTI GREENTECH AG Slide 1 STRICTLY CONFIDENTIAL APRIL 2012 Product(Presenta-on((Next(genera-on(oil(treatment(solu-ons((May$2012(COPYRIGHT BY OTI GREENTECH AG Slide 2 STRICTLY CONFIDENTIAL APRIL 2012 OTI(is(a(specialty(chemical(and(oil(services(company(•? OTI$Greentech$was$formed$in$2006$to$further$develop$oil$treatment$technology$origina?ng$in$German$universi?es.$•? OTI$oil$cleaning$and$recovery$products$o?er$the$same$or$beCer$performance$than$exis?ng$chemical$treatments$but$with$a$much$reduced$environmental$impact.$•? Independent$assessment$shows$OTI$products$outperforming$exis?ng$chemical$treatments,$for$example$in$the$recovery$of$heavy$oil$from$oil$sand$and$the$removal$of$hydrocarbons$contamina?on$from$storage$tanks.$•? OTI’s$core$technology$is$patented$with$further$patents$of$improvement$?led.$COPYRIGHT BY OTI GREENTECH AG Slide 3 STRICTLY CONFIDENTIAL APRIL 2012 •? Storage$tank$cleaning$•? Oil$and$chemical$tanker$cleaning$$•? Industrial$machine$and$component$cleaning$$$$•? Land$remedia?on$•? Sludge$and$slop$processing$•? Oil$binding$•? Tailing$pond$remedia?on$•? Drilling$waste$remedia?on$$$$•? Oil$recovery$through$improved$oil/sand$separa?on$•? Dewatering$of$crude$oils$•? Enhanced$oil$recovery$•? Wellbore$cleaning$(e.g.$cemen?ng$preP?ush)$•? Drill$?uid$to$improve$water$wetPability$of$rock$surface$$$$Target(markets(and(applica-ons(COPYRIGHT BY OTI GREENTECH AG Slide 4 STRICTLY CONFIDENTIAL APRIL 2012 OTI Technology Surfactant$blend$ Emulsi?ca?on$control$ OTI$Products$OTI$has$developed$a$number$of$unique$surfactant$packages$each$matched$to$a$speci?c$applica?on.$$The$surfactants$were$originally$developed$for$domes?c$applica?ons$and$are$biodegradable$and$non$harmful.$OTI$products$can$be$used$in$their$manufactured$form$or$tailored$to$meet$speci?c$applica?on$needs.$$Addi?onal$addi?ves$packages$can$be$added$to$the$base$chemistry$to$enhance$the$products$performance.$$Product$patents$?led$The$emulsi?ca?on$process$is$?ghtly$controlled$to$provide$the$desired$product$performance.$$Breakdown$of$the$emulsion$can$be$accelerated$to$allow$easy$recovery$of$oil$or$oil$based$chemical.$$COPYRIGHT BY OTI GREENTECH AG Slide 5 STRICTLY CONFIDENTIAL APRIL 2012 OTI(products(in(the(Cleaning(Sector…(•? ECOSOLUT(13((E13)(–? Independent$tests$show$similar$or$beGer(cleaning(performance(than(compe-tor(petroleum$cuCer$–? Project$underway$to$con?rm$that$waste$water$can$pass$the$ODME$to$allow$overboard$discharge.$$Poten?ally$game(changing(for(marine(sector.$–? Has$been$assessed(and(selected((in$compe??on$with$other$cleaning$products$by$a(major(European(u-lity(for$cleaning$of$fuel$oils$from$machinery$and$components$•? ECOSOLUT(14((E14)(–? Independent$tests$show(industry(leading(cleaning(performance(–? It$provides$the$poten?al$for$cleaning$coated$cargo$tanks$to$a$“hydrocarbon$free”$standard$without(using(aggressive(solvents,$$–? It$reduces(the(amount(of(hot(washing(required(with$signi?cant$environmental$and$cost$saving$implica?ons$Cleaning(Sector(Industry$leading$cleaning$performance$Remove$hydrocarbon$residues$from$very$di?cult$to$clean$surfaces$Ability$to$discharge$waste$water$and$signi?cantly$reduce$waste$costs$(E13)$IMO$approved$in$February$2012$(E14)((COPYRIGHT BY OTI GREENTECH AG Slide 6 STRICTLY CONFIDENTIAL APRIL 2012 OTI(products(in(the(Environmental(Sector…(•? Release$hydrocarbon$based(oils(and(chemicals(from(sands,(soils(and(shingle$to$reduce$contamina?on$levels$and$waste$disposal$costs$•? Promote(phase(separa-on(N(allowing(oil(to(be(recovered(and$reprocessed$for$sale$and$solid$residues$to$be$reduced$to$a$minimum$•? Accelerate(natural(bioremedia-on(processes$by$breaking$hydrocarbons$into$small$par?cles$to$increase$the$microbial$ac?vity$$•? Have$been$used(in(Kuwait(by(the(Na-onal(Cleaning(Company(to$meet$exac?ng$bioremedia?on$targets$Environmental(Sector(Industry$leading$cleaning$performance$Remove$and$poten?ally$recover$hydrocarbon$residues$from$di?cult$to$clean$substrates$Ability$to$reduce$hazard$classi?ca?on$of$waste$streams$$Accelerates$natural$bioremedia?on$"5,00010,00015,00020,00025,00030,00035,0000 14 48 70 143Total&Hydrocarbon&Content&ppm&Elapsed&days&Kuwait&Soil&Remedia:on©RIGHT BY OTI GREENTECH AG Slide 7 STRICTLY CONFIDENTIAL APRIL 2012 OTI(products(in(the(Energy(Sector…(•? Clear(evidence(that(OTI(products(perform(very(well(in(separa-ng(bitumen(from(wet(oil(sands,$typically$5$to$10%$of$oil$is$unrecovered$from$sand$•? Products$being(evaluated(by(major(oil(companies,(leading(oil(service(companies(and(waste(management(companies(•? Trials$ini?ated$with$a$major(oil(company(for(the(removal(of(heavy(oils(from(sand(in(their(North(American(produc-on(facili-es$•? To$be$used$as$a$chemical(addi-ve(to(increase(oil(produc-on$as$part$of$an$Enhanced$Oil$Recovery$(EOR)$scheme$•? Being$assessed(by(major(environmental(companies(for$the$removal(of(hydrocarbons(from(oil(produc-on(waste(Energy(Sector(Recovering$oil$from$oil$sand$Enhanced$oil$recovery$Cemen?ng$preP?ush$Drilling$waste$management$Equipment$cleaning((Separa?on,$recovery$and$$cleaning$of$oilPpolluted$soil$samples$from$Gazprom$with$E13$as$of$March$2012$$COPYRIGHT BY OTI GREENTECH AG Slide 8 STRICTLY CONFIDENTIAL APRIL 2012 Case$Study$1$–$Truckzone,$the$cleaning$of$heavy$oil$from$road$tankers$in$Canada$Truckzone$are$a$heavy$duty$parts$and$service$provider$based$in$Western$Canada.$Western$Canada$is$a$proli?c$oil$produc?on$region$with$a$very$large$number$of$oil$producers.$The$heavy$oil$is$collected$by$truck$from$the$produc?on$facili?es$and$transported$to$a$processing$facility$adjacent$to$oil$pipelines.$Truckzone$provide$repair$and$maintenance$services$to$the$trucking$companies.$$Before$any$maintenance$work$can$be$carried$out$the$trucks$and$trailers$need$to$be$cleaned$thoroughly$and$any$residual$oil$or$bitumen$removed.$$Truckzone$applied$ECOSOLUT$13$directly$into$the$highPpressure$steam$line.$The$e?ect$was$to$drama?cally$increase$the$e?ec?veness$of$the$steam$stripping$and$almost$all$the$bitumen$was$removed$from$the$steam$treatment$without$the$need$for$further$chemical$treatment.$$Key$advantages$of$ECOSOLUT$13$•? Very$e?ec?ve$at$removing$heavy$and$very$heavy$oils$•? Substan?al$reduc?on$in$the$cleaning$?mes$by$reducing$the$need$to$manually$enter$and$chemically$treat$the$bitumen$residues$•? Low$cost,$ECOSOLUT$13$is$sold$as$a$super$concentrate$that$is$diluted$with$water$(1$part$concentrate$to$100$parts$water)$and$reduces$the$need$for$other$chemical$treatments.$COPYRIGHT BY OTI GREENTECH AG Slide 9 STRICTLY CONFIDENTIAL APRIL 2012 Case$Study$2$–$Ship$tank$cleaning$An$independent$laboratory$assessed$a$range$of$leading$tank$cleaning$chemicals.$OTI’s$ECOSOLUT$14$Marine$was$judged$to$have$the$best$performance.$$A$shipping$company$carried$out$a$successful$full$scale$cleaning$trial$on$board$the$vessel,$a$45kMT$DWT$with$16$cargo$tanks$all$coated$with$zinc$silicate$coa?ng.$The$vessel’s$last$cargo$was$reformate$with$a$planned$next$cargo$of$methanol.$A$washing$procedure$in$line$with$MARPOL$Annex$1$was$completed$in$6$days.$$A$number$of$other$shipping$companies$are$in$the$process$of$adop?ng$OTI’s$products.$Key$advantages$of$ECOSOLUT$14$Marine$•? Very$good$cleaning$performance$leading$to$reduced$wash$cycle$?mes$and$less$risk$of$cross$contamina?on$of$cargoes$•? Low$costs,$ECOSOLUT$14$Marine$is$sold$as$a$super$concentrate$and$diluted$in$sea$water$(1$part$concentrate$to$200$parts$water)$•? Neutral$ph$product$with$liCle$or$no$impact$on$the$environment$$COPYRIGHT BY OTI GREENTECH AG Slide 10 STRICTLY CONFIDENTIAL APRIL 2012 Case$Study$3$–$Oil?eld$applica?ons$Independent$laboratory$trials$have$shown$RECOSOLUT$13$to$be$highly$e?ec?ve$at$separa?ng$bitumen$from$sand$and$water.$It$is$currently$being$evaluated$and$tested$in$a$range$of$applica?ons$including:$crude$demulsi?ca?on,$sand$control,$waste$remedia?on$and$oil$recovery.$Key$advantages$of$RECOSOLUT$13$•? Very$e?ec?ve$at$removing$heavy$and$very$heavy$oils$from$surfaces$and$substrates$•? Can$be$used$in$combina?on$with$a$range$of$carrier$?uids$and$addi?ve$packages$to$enhance$its$performance$•? LiCle$or$no$impact$on$the$environment$having$a$neutral$pH,$biodegradable$and$non$hazardous$•? Low$cost,$RECOSOLUT13$is$sold$as$a$super$concentrate$that$is$diluted$with$water$or$an$alterna?ve$carrier$?uid.$In$some$applica?ons$to$very$low$levels.$$ECOSOLUT13 achieves a clear oil, water, solid separation - in laboratory experiments carried out by an oil major its performance was compared to Caustic Soda. COPYRIGHT BY OTI GREENTECH AG Slide 11 STRICTLY CONFIDENTIAL APRIL 2012 Case study 4 – drilling mud oil remediation A$Canadian$remedia?on$company$evaluated$RECOSOLUT$13$for$the$recovery$of$mud$drilling$oils$and$the$declassi?ca?on$of$waste$materials.$$RECOSOLUT$13$e?ec?vely$removed$mud$oils$from$drill$cujngs$and$lek$the$solid$and$water$phases$virtually$oil$free.$The$treatment$enabled$the$waste$management$company$to$recover$the$valuable$mud$oils$and$reduce$the$waste$classi?ca?on$of$the$solid$waste.$$$As$a$consequence$of$the$laboratory$tes?ng$the$company$has$chosen$to$adopt$RECOSOLUT$13$as$its$preferred$mud$oil$cleaning$and$recovery$product.$Key$advantages$of$RECOSOLUT13$•? Very$e?ec?ve$at$breaking$oil$emulsions$to$enable$recovery$of$the$mud$oils$$•? LiCle$or$no$impact$on$the$environment$having$a$neutral$pH,$nonPbacterial,$biodegradable$and$non$hazardous$•? Low$cost,$RECOSOLUT$13$is$sold$as$a$super$concentrate$that$is$diluted$with$water$or$an$alterna?ve$carrier$?uid.$In$some$applica?ons$to$very$low$levels.$$$COPYRIGHT BY OTI GREENTECH AG Slide 12 STRICTLY CONFIDENTIAL APRIL 2012 Building(a(worldwide(distribu-on(network(underway(We are in the process of building a worldwide distributor network to supply our products to the shipping and cleaning industries. COPYRIGHT BY OTI GREENTECH AG Slide 13 STRICTLY CONFIDENTIAL APRIL 2012 Rob Wood Chief Executive Officer +44 778 590 4950 r.wood@oti.ag OTI GREENTECH (UK) Limited Stockley Park Uxbridge Phone: +44 20 3368 3469 info@oti.ag www.oti.ag Contact(Informa-on(Paul Hainsworth Head of Business Development +44 7908 997021 p.hainsworth@oti.ag