Global Bioenergies Sa · SWB:1DK
Global Bioenergies Sa — Investor Presentation (September 2023)
26 slides from Global Bioenergies Sa's investor presentation, Sep 20, 2023
Slide 1: A growing player of the environmental transition
A growing player of the environmental transition 20 September 2023 Euronext Paris: ALGBE 1
Slide 2: Our purpose
Our purpose Foster the environmental transition through biosciences
Slide 3: Disclaimer
Disclaimer This presentation does not purport to be a complete or exhaustive description of Global Bioenergies nor to predict future events or circumstances. It is prepared solely for the information of investors. It contains certain forward-looking statements relating in particular to Global Bioene
Slide 4: Our vision
Our vision Marc Delcourt CEO & co-founder Samuel Dubruque CFO
Slide 5: We witness the acceleration of global warming
Surprisingly, 6 July 2023 also broke the number of flights in one single day We witness the acceleration of global warming we don’t act 5
Slide 6: Air transport footprint – A major issue
Air transport footprint – A major issue… Today, air transportation accounts for ~3% of global CO2 emissions CO2 + contrails responsible of 6% of global warming Aviation CO2 emissions projections 2020- 2050 (world) 4% yearly increase in traffic (= long term trend) These scenarios are nice, but for
Slide 7: Air transportation faces an existential crisis
Air transportation faces an existential crisis =11 tons CO2 Annual carbon footprint 1 Paris-New York round trip of each European = 2 tons CO2 citizen emissions per passenger The first lever to reduce carbon footprint is cancel unnecessary flights Anne Rigail, CEO at Air France, the largest Sustainab
Slide 8: Sustainable Aviation Fuels: solutions to reduce CO2 emissions
Solutions to reduce CO2 emissions/km Technology Feedstock Maturity Deployment Waste and residue Hydrotreated lipids, vegetable Technology already implemented at large SUSTAINABLE AVIATION FUELS Esters and oils, palm, and scale but not scalable due to feedstock 2025 Fatty used availability & logistic
Slide 9: …And an exponential demand
…And an exponential demand x1500 x75 Million tons/yr 2019 2020 2021 2022 2030 2050 SAF output 0,02 0,05 0,08 0,24 18 380 Global Jet Fuel 288 157 182 254 350 760 % SAF <0,01% 0,03% 0,04% 0,1% 5% 50% Up to now As of tomorrow Only 0,1% of global fuel consumption SAF upcoming needs Up to now, SAF ar
Slide 10: Our solution: IBN-SPK a new, innovative SAF technology
Our solution: IBN-SPK a new, innovative SAF technology IBN-SPK Technology Technical feasibility proven Small number of industrial steps Protected by 40 patent families Compatible with several feedstocks Product Cut CO2 emissions & maintain performance no compromise Very good cold flow
Slide 11: What we have accomplished
What we have accomplished Frédéric Ollivier Technology Director
Slide 12: Process
Process Current widespread process VS. GBE’s bio-sourced process Unique technology protected by 40 patent families Oil Residual sugars Petro-chemistry Biology Steam cracking Isobutene (IBN) Green Bacterial chemistry fermentation Isododecane (IDD) and other derivatives (IHD, isooctane, ETBE...) 12
Slide 13: Why isobutene?
Why isobutene? The smallest branched (=non linear) carbon structure. Gaseous Easily converted into numerous compounds bringing various performances: - octane rating for gasoline - air tightness for elastomers - volatility for cosmetic oils - cold flow resistance for jet fuel - … These performances d
Slide 14: Industrial scale
Industrial scale Demoplant Semi-works (2017) (2022) & Leuna, Germany Pomacle, France Production sold on niche markets of cosmetic ingredients Proprietary make up brand LAST®, first ever long lasting & natural (www.colors-that-last.com) Ingredients qualified by multiple major cosmetic players (br
Slide 15: Infrastructure to reach SAF performances
Infrastructure to reach SAF performances A seasoned R&D team powering a unique “gas-fermentation oriented” Laboratory & a pilot plant to scale up improved versions of the process Objectives Continuous productivity improvements Bring cost as low as possible to address SAF markets (expected ~5€/kg) 15
Slide 16: ASTM certification
ASTM certification ASTM certification is mandatory for all fuels used in the aviation industry Very few SAF technologies have been certified so far -> extensive and lengthy process reviewed by all the major players Global Bioenergies’s process has been certified in June 2023 Technologies certified O
Slide 17: What's next?
What’s next? Marc Delcourt CEO & co-founder Roland Desvignes Industrial Director
Slide 18: 10kt plant
10kt plant An evolutive plant Start of Location Potential to address several markets production Starting in cosmetics, and moving up France to SAF 2027 Compatible with multiple resources: Capacity 1st generation feedstocks (sugar beet, Financing starch…) 10k tons/year under process Emerging 2n
Slide 19: Technology deployment
Technology deployment The first large plant is the Showcase. High level of replicability Compatibility with several feedstocks among various geographies Discussions with numerous international stakeholders (investors, industrialists, offtakers…) Flexible Business model from proprietary project devel
Slide 20: Markets
Markets Daphné Galvez Head of Sales Bernard Chaud Industrial Strategy Director
Slide 21: Cosmetics
Cosmetics 2022-2027 Reliance on +6% / year IDD/IHD A worldwide massive growing market ($580 billion in 2027) Fragrances isobutene derivatives massively Make-up used in 4 of the 5 segments Haircare naturalness is the key driver for a majority of consumers Skincare First renewable IDD and IHD cosmet
Slide 22: SAF in Europe
SAF in Europe Unmet need Europe 2030 1 000 to 2 000kT EU legislation: RefuelEU (voted in Sept 2023 at the European Parliament) incorporation mandates 2025 2030 2040 2050 SAF 2% 6% 34% 70% All SAF must rely on 2G ressources Source : SkyNRG – Sustainable Aviation Fuel Market Outlook, May 2023 22
Slide 23: SAF worldwide – additional opportunities for GBE
SAF worldwide – additional opportunities for GBE Forecast 2030 4,3 Mt /!\ Unmet needs 12,8 Mt Vs 8 Mt New production capacities identified but left to implemented 0,5 Mt Current production capacities Mandated SAF Needs Production capacities 23 Source : SkyNRG – Sustainable Aviation Fuel Market Outlo
Slide 24: Global Bioenergies' vision at 2030
Global Bioenergies’ vision at 2030 Next plants Targeted global capacity : 100kt/year Starting from 2030 onwards 2nd generation feedstock (wood chips) SAF Other chemical compounds Cosmetics First large plant Total capacity : 10kt/year Starting end of 2027 Compatible with 24 1st & 2nd generation feeds
Slide 25: Technology is key but will never be sufficient to curb global warming
Technology is key but will never be sufficient to curb global warming by itself Sobriety comes first to fight climate change 25
Slide 26: Contact
Contact Global Bioenergies 5 rue Henri Desbruères 91000 Evry Courcouronnes invest@global-bioenergies.com +33 1 64 98 20 50 www.global-bioenergies.com 26
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