Arq, Inc. · NASDAQ:ARQ
Arq — Advanced Emissions Solutions — Investor Presentation (June 2015)
26 slides from Arq's investor presentation, Jun 23, 2015
Slide 1: Investor Update - June 2015: Organization and Business Progress
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 1 INVESTOR UPDATE - JUNE 2015 ORGANIZATION AND BUSINESS PROGRESS ADVANCED EMISSIONS SOLUTIONS, INC.
Slide 2: Safe Harbor
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 2 SAFE HARBOR This presentation includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking
Slide 3: Key Strategies
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 3 KEY STRATEGIES JOINT VENTURE MAXIMIZATION BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY Key Strategies 1 - Joint Venture Maximization Performance: 3 - Customer Growth Refined Coal Increasing velocity with tax equity investors Providin
Slide 4: Joint Venture Maximization
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 4 JOINT VENTURE MAXIMIZATION Complete installation of remaining RC facilities to allow potential investors to inspect actual installed projects Continue to implement broader sales effort to expand potential tax investor candidate pool Foc
Slide 5: Refined Coal: Clean Coal Solutions, LLC (CCS)
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 5 COMPANY OVERVIEW JOINT VENTURE MAXIMIZATION BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY REFINED COAL: Clean Coal Solutions, LLC (“CCS”) A D A - E S , I N C . – 4 2 . 5 % N E X G E N – 4 2 . 5 % G O L D M A N S A C H S – 1 5 % Joint
Slide 6: Refined Coal: Building for the Future
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 6 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY Refined Coal: Building for the Future JOINT VENTURE MAXIMIZATION *Facilities moved from sub-scale power plants. FULL TIME OPERATIONS ROAD MAP 28 RC FACILITIES 6 RC FACILIT
Slide 7: Refined Coal: Tonnage
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 7 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION * Q2, 2015 DATA REFLECTS ESTIMATED FORECAST DATA FOR JUNE, 2015. REFINED COAL: Tonnage 0 2,000,000 4,000,000 6,000,000 8,000,000 10,000,000 12,0
Slide 8: Refined Coal: Status & Opportunities
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 8 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION REFINED COAL: Status & Opportunities Commitment: Consistent, quarterly updates on performance of RC facilities and tonnage; press releases for e
Slide 9: Business Transformation
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 9 BUSINESS TRANSFORMATION ACTION: FOCUS: Restructure Organization, Leadership & Talent Operational Execution. Right-Sizing to prime ourselves for growth independent of refined coal Renew rigor around Compliance, Governance, and Accounting
Slide 10: Cost structure: Head count and G&A reductions
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 10 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION Cost structure: Head count and G&A reductions Reduce cost structure, while meeting high priority commitments OPERATIONAL EXECUTION Run rate hea
Slide 11: Hired new auditor and added new CFO
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 11 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION Hein is a leading accounting firm with offices in Denver, Houston, Dallas and Orange County, CA. and has extensive experience in the energy sec
Slide 12: Restructure organization, talent & leadership
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 12 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION Align organization to ensure clear accountability and execution Reestablish focus on customer with deliberate attention to sales, market strate
Slide 13: Core department executives
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 13 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION Sharon Sjostrom Chief Technology Officer: Scott Terhune VP of Sales: Ron Hanson VP Operations and Delivery: Disciplined and planned process to
Slide 14: Customer Growth
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 14 CUSTOMER GROWTH Execute on “Go-to-market” strategy for next phase of mercury control Mindfully position the company to take advantage of tremendous long-term opportunities Meet current customer commitments to earn the right to sell new
Slide 15: Broader Solutions: Current Market Landscape
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 15 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION S O U R C E : E I A D A T A Coal is expected to remain a major part of US power generation. Utilities need infrastructure and equipment to meet
Slide 16: Broader Solutions: Future Market Landscape
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 16 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION BROADER SOLUTIONS: Future Market Landscape S O U R C E : Public Power Magazine; January-February 2011
Slide 17: Broader Solutions: Future Market Landscape
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 17 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION BROADER SOLUTIONS: Future Market Landscape A company that has a holistic approach will be better positioned in this market. While energy is at
Slide 18: Broader Solutions: Current & Near-term Offerings
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 18 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION Future Markets Gas fired power plants Cement plants Industrial boilers Gas producers & users Chemicals RESPond® Flue Gas Conditioning M-Prove™
Slide 19: Broader Solutions: Current and Near-term Market Strategy
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 19 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION BROADER SOLUTIONS: Current and Near-term Market Strategy: Identify current opportunities Execute on “go-to-market” strategy for next phase of m
Slide 20: Broader Solutions: Long-Term Potential
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 20 COMPANY OVERVIEW BUSINESS TRANSFORMATION CUSTOMER GROWTH SUMMARY JOINT VENTURE MAXIMIZATION BROADER SOLUTIONS: Long-Term Potential Leveraging past talent & organization strength for future growth Mindfully position the company to take
Slide 21: Key Takeaways / Executive Summary
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 21 COMPANY OVERVIEW SUMMARY JOINT VENTURE MAXIMIZATION KEY TAKEAWAYS / EXECUTIVE SUMMARY BUSINESS TRANSFORMATION CUSTOMER GROWTH 1 - Joint Venture Maximization Performance: 3 - Customer Growth Providing stockholder value through an optimi
Slide 22: Contact Information
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 22 COMPANY OVERVIEW SUMMARY JOINT VENTURE MAXIMIZATION Contact Information BUSINESS TRANSFORMATION CUSTOMER GROWTH Graham Mattison VP, Strategic Initiatives & Investor Relations 9135 South Ridgeline Blvd, Suite 200 Highlands Ranch, CO 801
Slide 23: Appendix
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 23 COMPANY OVERVIEW SUMMARY JOINT VENTURE MAXIMIZATION Appendix BUSINESS TRANSFORMATION CUSTOMER GROWTH
Slide 24: Refined Coal: Production Process
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 24 COMPANY OVERVIEW SUMMARY JOINT VENTURE MAXIMIZATION BUSINESS TRANSFORMATION CUSTOMER GROWTH REFINED COAL: Production Process Proprietary additives added directly to coal on the conveyor belt
Slide 25: Refined Coal: Site Photos
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 25 COMPANY OVERVIEW SUMMARY JOINT VENTURE MAXIMIZATION BUSINESS TRANSFORMATION CUSTOMER GROWTH REFINED COAL: Site Photos M-45™ Dry System M-45-PC™ Wet System
Slide 26: Refined Coal: Site Photos
© 2015 ADVANCED EMISSIONS SOLUTIONS, INC. ALL RIGHTS RESERVED 26 COMPANY OVERVIEW SUMMARY JOINT VENTURE MAXIMIZATION BUSINESS TRANSFORMATION CUSTOMER GROWTH REFINED COAL: Site Photos M-45-PC™ Real Time Slurry System
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