Arq, Inc. · NASDAQ:ARQ

Arq — Advanced Emissions Solutions — Investor Presentation (May 2014)

26 slides from Arq's investor presentation, May 12, 2014

  1. Slide 1: Investor Presentation May 2014

    Exhibit 99.1 Advanced NASDAQ: Investor May www.advancedemissionssolutions.com 2014Presentation Emissions ADES Solutions, Inc.

  2. Slide 2: Safe Harbor

    SAFE This forward-looking on technologies management. but challenges or impact personnel; to presented © 2012-2014 place sell and not presentation HARBOR the expand of limited undue competition; as remaining intellectual toof to or Advanced Such reliance our to, the assist repeal statements includes

  3. Slide 3: Who We Are

    WHO solutions Portfolio Customers Strong market Operating BCSI, ADA-ES, Clean 42.5% © -3-2012-2014 Coal WE LLC owned and and 20 AInc. Companies ARE include growing .Solutions, family 100% US BCSI) Advanced ADA-ES, 100% patents owned of most Near- cash owned toLLC of companies Emissions Inc. of flows

  4. Slide 4: Portfolio of Emissions Control Solutions

    PORTFOLIO ACI DSI Boiler Coal Refined ACI/DSI- © -4-2012-2014 System System PileCoal- $1-$3M for Advanced OF $0Mercury cost EMISSIONS in capex to Emissions utility Control Large M-ProveTM CONTROL E&C Solutions, Scrubber, SOLUTIONS Technology Inc. SCR- $100M+ ~$100k capex, firms in$1-$4/ton capex red

  5. Slide 5: Near-term Mercury Control Growth Opportunities

    Near-term Mercury Created Equipment Activated More MATS Consumables Refined requirements Clean 42.5% 28 $6.60/ton Remaining © -5-2012-2014 RCthan Coal ADA NexGen facilities rule to ~$1B Coal Control create (escalating) Carbon growth $20M RC Solutions took Advanced equipment facilities 15% qualify an

  6. Slide 6: Refined Coal Ownership Structure

    REFINED Clean GOLDMAN 15% Section NEXGEN 42.5% been ADES Expect 1. 2. © RC Expected 2012-2014 ADES “placed Coal facilities affiliates1 ~$100 45 COAL of Solutions toSACHS in Advanced the million result owned service” Internal owninOwnership in 28 by ~$40 Emissions annual on qualifying Revenue CCS; or

  7. Slide 7: Refined Coal Leasing Model

    REFINED CCS ADES Utility Pays 3rd © -7-2012-2014 party ~$1.00 ~$2.00/ton Leasing receives owns gets investor COAL: emission /ton 42.5% Advanced Model $3.00 for toleases BENEFITS utility of operating toreductions CCS $4.00/ton Emissions RC(~$1.35/ton) facility expenses FOR in Solutions, rental and AL

  8. Slide 8: Outlook for Refined Coal Facilities

    OUTLOOK All 95Full-Time MT/yr CCS-operated* ~12 RC 28 100+ *May ©RC Includes 2012-2014 RC 28 facilities 2014 MT/yr facilities RC facilities Operations 12/31/14 facilities oneFOR in with Advanced ~29 RC full-time progress in28 currently full-time facility MT/yr are 2015 RC Road expected Emissions to

  9. Slide 9: Refined Coal Financial Status and Impact on Reporting

    REFINED Financial Status RC CCS Typical *Cash ©ADA’s 2012-2014 facility spends generates incurs receives Spent RC 42.5% Impact COAL: not operated leased/sold $3.0 facility no ~$3/ton — Advanced ~$3-$4/ton operating no ~$7.50/ton inshare $12.0 full-time value —Cash FINANCIAL Quarterly by toofCash t

  10. Slide 10: Emissions Control Solutions

    EMISSIONS ACI Consumables Equipment Powdered Dry M-ProveTM Flue Compliance © -10- 2012-2014 alkaline Systems Gas Conditioning Activated Services sorbents technology CONTROL Advanced DSI Systems Carbon injected Emissions SOLUTIONS M-ProveTM reduces in flue Solutions, mercury gasTechnology for SO2 emi

  11. Slide 11: Emission Control Equipment: Mercury Market

    EMISSION Mercury Activated Dry April The Approximately This ADES Supply Market © 2012-2014 court Sorbent is15, has is in agreements for and prepared 2014- line rejected Carbon won equipment coal CONTROL Injection Air Advanced with 1/3 more The additives Toxics Injection industry for industry of inU.

  12. Slide 12: Emission Control Consumables: M-Prove Technology

    EMISSION M-ProveTM RC Expect In Source: © 2012-2014 addition, facilities the Department MATS ADES CONTROL—CONSUMABLES being technology Advanced to offers of drive Energy, Emissions for a aflue mercury $1 Energy to gas$2 Solutions, conditioning billion emissions Information annual Inc. control techno

  13. Slide 13: CO2 Capture

    CO2 Developing DOE Phase Southern Advantages For Pilot © 2012-2014 customer: CAPTURE plant and I —Company industry being $3.8 proprietary over Advanced lower million, assembled competing funding: facility costsolid R&D Emissions andtechnologies: sorbent less at 1parasitic KWe Solutions, capture scal

  14. Slide 14: Key Takeaways

    KEY growth Upcoming Consumables Developing © 2012-2014 TAKEAWAYS RC driving opportunities capture Advanced expected significant CO2 toEmissions in solid produce revenues, MATS fromand Solutions, sorbent compliance expected services flue Inc. profits additional gas near-term -14- capture to and toreq

  15. Slide 15: Financial Update

    FINANCIAL The Additional Appointed Retained Finalizing On Background 10-K Restatement restated. $10.8 the Company © 2012-2014 April deferred Company for million the 24, FTI has the Chief Actions: recognition fiscal of 2014 Advanced Consulting UPDATE (with made hiring continues 2013 Accounting the ye

  16. Slide 16: Appendix

    © 2012-2014 Advanced Emissions Solutions, Inc. APPENDIX

  17. Slide 17: Corporate Structure

    CORPORATE Operating BCSI, ADA-ES, Clean 42.5% © 2012-2014 Coal LLC owned Inc. Companies Solutions, 100% Advanced ADA-ES, 100% STRUCTURE owned owned LLC Emissions Inc. ADES ADES Solutions, Inc. -17-

  18. Slide 18: Coal and Electricity Generation

    COAL 2012: Source: Coal 60% 1,200,000 © 2012-2014 50% Consumption as lowest AND aEIA %40% 1,000,000 of US power Advanced Electricity 30% ELECTRICITY for demand 20% 800,000 the Emissions 10% Generation Electricity since 600,000 0%GENERATION 1987, 1973 Solutions, (000 400,000 1975 natural tons) Inc. 1

  19. Slide 19: Coal Supply Outlook and Plant Closures

    COAL Arch Over Coal 75 10 Supply (per 16% western PRB Sources: *Excluding Slide © 2012-2014 million coal 13% Consumption and Coal the 28OUTLOOK Delivered bit. Wood longer basin, ILB 9% May tons tons* Canyon Appalachia Advanced basins 8%Mackenzie, as 2014 term, to percent for Fuel At-Risk are investo

  20. Slide 20: Mercury Control: 15 Years in the Making

    MERCURY 2000 2005 2008 2011 Technology D.C. EPA Compliance Plants © 2012-2014 determines proposes issues Circuit 2012 2009 can apply 2015/16 Clean final draft commercially deadline CONTROL- Court Advanced new itMercury of for Air necessary vacates rule Mercury anfor Mercury extension toEmissions MAT

  21. Slide 21: ACI Market Share

    ACI Boilers Companies, Source: Clyde © Amerex Shick Dustex BPI Alstom B&W Albermarle Siemens CB-EEC ADES Norit 2012-2014 MARKET Bergemann-EEC Treated Institute May Advanced by SHARE of 2013. ACI Clean Systems Emissions Air Solutions, Inc. -21-

  22. Slide 22: ADA Standard ACI System

    ADA Man-door Level PAC Process Bin Feeder Blower Fill Electrical © 2012-2014 Pipe Vent Storage STANDARD Transmitters Room Room Equipment Filter Room withModule Advanced PRVACI Module Emissions SYSTEM Solutions, Inc. -22-

  23. Slide 23: Refined Coal Introduction and Overview

    REFINED RC Clean The pulverized Key December January June 2012 © 2012-2014 reduces American CyCleanTM, Dates 2010: 2011: -Coal 2021: - December 2010: coal COAL: an Clean Solutions mercury CCS Advanced affiliate Jobs boilers. Congress Coal M-45TM focused INTRODUCTION Creation 2011: by (“CCS”) of Solu

  24. Slide 24: Refined Coal

    REFINED © 2012-2014 COAL Advanced PHOTOGRAPHS Emissions Solutions, Inc. -24-

  25. Slide 25: Refined Coal CCS-Operated Facilities Model

    REFINED CCS-Operated ADES1 42.5% ADES Utility ~$1.35/ton May CCS Pays 1. © 42.5% 2012-2014 pay ~$2.00/ton receives of receives shares gets up ownership tax COAL: emission tobenefits, Advanced 42.5% $7.50/ton ~$1.00/ton Model forCCS-OPERATED operating in of reductions or CCS expenses, in Emissions ~$

  26. Slide 26: Contacts

    Graham CONTACTS Vice Michael President Mark SVP © 2012-2014 & President, H.CFO Mattison D. McKinnies &Durham, CEO Advanced Investor Ph.D., Relations Emissions MBA (720) Solutions, 889-6206 Inc. -26- graham.mattison@adaes.com

Advanced Emissions Solutions — Investor Presentation (May 2014) on 6ix