ENTYR — Investor Presentation (February 2023)
28 slides from ENTYR's investor presentation, Feb 6, 2023
Slide 1: Investor update
rsonal use only Investor update 6 February 2023
Slide 2: Important Note – Disclaimer
Important Note – Disclaimer This presentation and the information contained within not a financial product or investment advice or statements involve known and unknown risks, in the opportunity, whether the expenses, losses, it (the “Presentation”) has been prepared by, and is the recommendation to
Slide 3: Who we are / What we do
Who we are What we do rsonal use only Entyr Limited Solving the waste tyre problem is an Australian company applying Our patented thermal desorption technology unique, next-generation technology to cleanly converts end-of-life tyres into valuable cleanly convert waste tyres into products, (fuel, car
Slide 4: Entyr - Snapshot
Entyr - Snapshot The Company rsonal use only • ASX listed since 2015 “ETR” (formally Pearl Global) • Market cap c., $35m • Substantial shareholders – GW Holdings, Lindsay Barber & ROC • Board and management renewal over the past 12 months • 60 employees The Problem • End of life tyres are a signific
Slide 5: Entyr - Snapshot: Solution and Operation
Entyr - Snapshot The Entyr Solution • Developed in conjunction with UWA rsonal use only • Uses a patented thermal desorption process, breaks down tyres into steel, carbon, fuel and gas – each of which can be sold or reused The Entyr Operation • Based on a leased site at Stapylton, Qld • 4 thermal de
Slide 6: The scale of end-of-life tyres globally
The scale of end-of-life tyres globally rsonal use only Every year approx. 1 billion of waste tyres are generated. However, the recycling industry processes only 100 million tyres every year. Leaving 90% to be stockpiled, buried or burnt. Tyres are indestructible in nature making them inherently dif
Slide 7: The scale of end-of-life tyre waste
The scale of end-of-life tyre waste rsonal use only 1. 56,000,000 used tyres disposed2. of annually in Australia1 86% 93% 2,000 OF AUSTRALIAN WASTE OF AUSTRALIAN WASTE YEARS FOR TYRES TYRES EXPORTED TO BE MINING TYRES ARE TO DECOMPOSE.2 BURNT, DUMPED OR BURIED ON SITE. 1 BURIED.1 Monetizing the Aust
Slide 8: The time for change is now
The time for change is now rsonal use only Entyr’s clean conversion process addresses multiple regulatory and governmental policy trends: New environmental Tighter govt Producer Policy makers law changes both policy responsibility addressing the at federal and state implemented laws for environmenta
Slide 9: Entyr — 12-year development journey
Entyr — 12-year development journey rsonal use only 2010 2017 2020 2022 Commenced R+D to build an Company lists on ASX 5-year offtake agreement 2 million tyres processed through our industrial waste tyre signed with asphalt QLD facility processing technology: Secures DES approval to establish manufa
Slide 10: Our patented process
Our patented process rsonal use only Reclaimed Products Thermal desorption units at End Use Entyr’s Stapylton site Source: Company Tyre Collection and Logistics Processing Thermal Reactors • Thermal energy process using a dynamic management system. • High quality products, combined with low emission
Slide 11: Stapylton, Queensland
Stapylton, Queensland SHOWCASE FACILITY rsonal use only Thermal Desorption Units and Rasper Aerial view of Stapylton facility entyr.com.au 11
Slide 12: High value – high impact commercial markets
High value – high impact commercial markets rsonal use only Tyre Derived Fuel Recovered Carbon Recovered High Gas Oil (TDFO) Black (rCB) Tensile Steel for energy • Direct replacement for diesel • 80% pure carbon base • High tensile steel separated • Non-condensed gases are in industrial burners. enh
Slide 13: A pathway to environmentally sustainable asphalt
rsonal use only A pathway to environmentally sustainable asphalt Entyr’s clean conversion technology takes waste tyres and reclaims high value products that support the improved safety, performance and longevity of roads, whilst decreasing asphalt’s environmental impact.
Slide 14: 24% reduction in embedded carbon in asphalt pavements
24% reduction in embedded carbon in asphalt pavements rsonal use only In terms of Scope 1 and 3 kg CO2-e per tonne of asphalt produced Green House Gas (GHG) 100 emissions, the process is TDF embodied (Scope 3) 90 estimated to reduce Diesel combustion TDF combustion (Scope 1) (Scope 1) 24.1 emissions
Slide 15: Case study: King Street, Clontarf
CASE STUDY rsonal use only King Street, Clontarf — Moreton Bay Regional Council • 2,217t of Carbonphalt® paved on 700m stretch of a busy suburban connector • Using tyres from Moreton Bay Regional Council’s waste facilities 22,217 37,689kg EQUIVALENT TO 17 CARS REPURPOSED SAVED CO2e REMOVED FROM VEHI
Slide 16: Case study: Miller Road, Logan Village
CASE STUDY rsonal use only Miller Road, Logan Village — City of Logan • Side by side comparison of Carbonphalt® versus standard AC14 • First 210m paved with EQUIVALENT TO 5 standard AC14 • Next 200m paved with 1,966 6,970kg CARS REMOVED FROM REPURPOSED SAVED CO2e Carbonphalt® VEHICLE CARBON OUR ROAD
Slide 17: Entyr Commercialisation - Growth
Entyr Commercialisation - Growth rsonal use only • New infrastructure spend driving higher production volumes • Pipeline of future facilities • Asphalt industry underpinning Entyr’s expansion • IP protection on our sustainable, certified business • Path to profitability entyr.com.au 17
Slide 18: New infrastructure driving higher production volume
New infrastructure driving higher production volume rsonal use only The Business • $10 million infrastructure plan underway to meet 20,000 (2 million tyres) tonne production at showcase site • Sustainable operational performance (moved from Pilot to Commercial operations) • Feedstock supply secured
Slide 19: Commercialisation timeline
Commercialisation timeline rsonal use only FY2023 JUL - SEP OCT NOV DEC JAN FEB MAR APR MAY JUN Fuel handling & storage Carbon Shredder Carbon management Part 2 & 3 Infrastructure Infrastructure handling Part 1 Feed automation delivery Rasper Rasper 2 Operational format 4-on 4-off 24hrs 24/7 % Plann
Slide 20: Recently installed and commissioned infrastructure
Recently installed and commissioned infrastructure rsonal use only TDFO storage tank farm Entyr’s Stapylton site Rasper unit Entyr’s Stapylton site entyr.com.au 20
Slide 21: Processed volume ramp up underway
Processed volume ramp up underway Rolling 30 days - Total Tyre Tonnes processed rsonal use only 500 450 400 350 300 tonnes 250 200 150 Planned maintenance 100 shutdown 50 0 01-Jul-22 01-Aug-22 01-Sep-22 01-Oct-22 01-Nov-22 01-Dec-22 01-Jan-23 Trendline excluding maintenance entyr.com.au 21
Slide 22: Future growth - strong rollout pipeline
Future growth - strong rollout pipeline Expansion: Demand driven by Asphalt producers. rsonal use only Why?: • TDFO/rCB sustainable alternative to virgin resources; • cheaper than virgin products; and • better performance according to current users Outcome: Entyr market opportunity of ~$530,000,000
Slide 23: Asphalt industry demand a key in driving Entyr's expansion
Asphalt Industry demand a key in driving Entyr’s expansion rsonal use only AUSTRALIA GLOBAL 5 plants (4 new) • Brisbane • UK • Melbourne • USA (California) • Sydney • Spain • Perth • Adelaide Boral 43 Downer 33 130,000 tonne capability Fulton Hogan 26 Colas 17 Hansons 14 25% of waste tyre market 3–4
Slide 24: Strong IP and product accreditation protections
Strong IP and product accreditation protections rsonal use only FPA Ref Country Official No. Property Type Status Summary M53036569 United States of America 11162030 Patent Granted M53137124 Australia 2021106096 Innovation Patent Granted M53036608 United States of America 11168259 Patent Granted M53
Slide 25: Pathway to profitability
Pathway to profitability rsonal use only Indicative Site Financial Model Operational progress excluding corporate Overhead Stapylton Next facility Break even Annualised Tonnes Processed Annualised Tyre Volume 11,000 15,000 20,000 25,000 25,000 break even Break even excluding corporate OH 20,000 by m
Slide 26: Triple bottom line benefits
Triple bottom line benefits – Future Australian footprint Entyr’s TDFO and rCB rsonal use only 24% reduction Total CO2 – e Total CO2 – e in the embodied reduction 805kg per reduction 61,777 carbon of asphalt1 tonne of tyre tonnes of carbon with processed or a use in Asphalt2 reduction of 104,607 $32
Slide 27: Summary
Summary rsonal use only • We have a proven world first technology developed in Australia that is a genuine environmentally sound solution to waste tyre disposal with significant C02 – e savings • We have an infrastructure plan underway at our Stapylton site that will enable us to achieve commercial
Slide 28: Thank you
rsonal use only Thank you David Wheeley Chief Executive Officer David.Wheeley@entyr.com.au entyr.com.au