Synthesis Energy Systems Inc · OTC:SYNE
Synthesis Energy Systems — 24th Annual ROTH Conference 2012
19 slides from Synthesis Energy Systems's conference presentation, Mar 14, 2012
Slide 1: Synthesis Energy Systems 24th Annual ROTH Conference
Synthesis Energy Systems 24th Annual ROTH Conference March 14, 2012 NASDAQ: SYMX UNLOCKING VALUE THROUGH CLEAN ENERGY TECHNOLOGY
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-look
Slide 3: About SES
Alternative energy company with global business interests Proprietary U-GAS(r) gasification technology to convert low cost, low rank coal and biomass into high-value energy and chemical products to help drive global economic growth Executing three-pronged value-creation strategy: Technology licensin
Slide 4: Experienced Leadership Team
Experienced Leadership Team Robert W. Rigdon - President & CEO 30 years industry experience in manufacturing, engineering and technology with 15 years in gasification technology, project development and business development at ChevronTexaco and GE Francis Lau - SVP, Chief Technology Officer Renowned
Slide 5: U-GAS Technology Platform
U-GAS(r) Technology Platform Syngas Originated in U.S. at Gas Technology Institute ("GTI") in the early 1970's Perfected over last 35 years Commercialized by SES' two projects in China Fuel flexible - wide range of coal & biomass Simple, low-cost design Efficient, low maintenance, reliable operation
Slide 6: Creating Value: Clean Energy Products from Low Cost, Low Quality Coals
Creating Value Clean Energy Products from Low Cost, Low Quality Coals Coal... a critical natural resource to meet the world's growing energy needs Abundant and found in almost every country on Earth; typically lowest cost fossil fuel; ~50% of total recoverable global coal reserves are low rank sub-
Slide 7: Advanced Gasification Technology: The Key to Unlocking Value
Advanced Gasification Technology The Key to Unlocking Value CO2 Capture Capable Low Value Feedstock High Value End Products Gasoline blending Syngas to gasoline Diesel - DME & FTL LPG - DME blending SNG Fuel Gas IGCC Fuel cells Methanol Hydrogen Olefins Acetic Acid Glycol Low quality coals Biomass D
Slide 8: Representative Economics China SNG Case
Representative Economics China SNG Case Base Case Assumptions Representative 4B Nm3/yr SNG project in China Low rank coal feedstock Natural gas prices are estimated at China East Coast pricing; Total invested capital: $2.3B; coal price net of VAT, RMB85 per tonne ($16/tonne) SES provides a clean, ef
Slide 9: Attractive Economics: Low Quality Coal to High Value Products
Attractive Economics Low Quality Coal to High Value Products Production Capacity (tonnes or Nm3) End Product Gross Selling Price Projected Annual Revenues (millions) Projected Annual EBITDA (millions) SNG 4B Nm3/a total project 1.3 B Nm3/a phases ~$9 - $13/mmbtu ~$1,575 Project ~$525 per phase ~$1,1
Slide 10: Multiple Paths to Growth and Profitability
Multiple Paths to Growth and Profitability SES Advanced Gasification Technology Technology & Equipment Supply Selective Project Investments Integrated Coal Resource Projects Three Pronged Global Growth Strategy Technology, Equipment Supply & Services Rapid U-GAS(r) Commercialization Grow installed b
Slide 11: Technology, Equipment Supply & Services Licensing
Technology, Equipment Supply & Services Licensing Potential to be a sustained revenue generator Technology royalty is typically a one time fee collected across project design, construction & startup Typical project cycle...24 to 48 months Typical transaction range $3MM to $30MM+ (1) Specialized Equi
Slide 12: Project Investments
Project Investments Capital Investment - JVs with equity investment & carried interest Syngas plants, SNG, integrated methanol/glycol facilities, fertilizer businesses Build Own Operate ("BOO") model Build Own Transfer ("BOT") model Modular units; engineering, equipment and construction partnerships
Slide 13: Integrating Coal Resources - SRS JV
Integrating Coal Resources - SRS JV Vertically integrates and/or links under utilized, low quality coal resources to SES projects globally SES' U-GAS(r) technology facilitates monetization of low commercial value "stranded" coals that are otherwise difficult or impossible to commercialize Secures lo
Slide 14: Implementing Strategy Through Regional Growth Platforms
Implementing Strategy Through Regional Growth Platforms Strategic partnering key to SES global growth Emerging markets focus, high demand, significant commercial potential Regional approach leverages SES technology position
Slide 15: Building Momentum
Building Momentum ZJX Investment (China) $84 million investment into SES (Pending) Collaboration leverages position in China Facilitates multiple development opportunities Zuari Investment (India) Initial $5 million investment into SES Establishes key position in new, high growth, high demand market
Slide 16: Building Momentum - continued
Building Momentum - continued SES/Midas Joint Venture (SES Resource Solutions) Vertical integration of feedstock resources with projects to enhance competitive advantage Ncondezi feasibility study SES' Engineering Study for Ambre Energy Evaluating application of U-GAS(r) in large scale Queensland CT
Slide 17: Existing Operations and Investments
Zao Zhuang (ZZ) - Shandong Province (operating 4 years) JV with Shandong Hai Hua Coal & Chemical Co. Ltd (96% SES / 4% HH) Proven U-GAS(r) performance with successful commercial operation Proven feedstock flexibility with wide range of coal and coal wastes processed Historically high syngas availabi
Slide 18: Financial Snapshot
Financial Snapshot (in millions) Sufficient capital resources $24.4 MM cash as of December 31, 2011 $84 MM stock sale agreement with ZJX/China Energy (close pending) Favorable operating trends Gaining traction on licensing business Near-term opportunities in China, India and Australia Increased part
Slide 19: Investment Summary
Investment Summary Compelling Growth Story, Building Value Large market opportunities, particularly in Asia Regional platforms - China and India Equity platforms - project participation and coal resources Only commercially available gasification technology to address low cost, low rank coal and biom
Synthesis Energy Systems — 24th Annual ROTH Conference 2012 on 6ix