Green Plains, Inc. · NASDAQ:GPRE
Green Plains — Investor Presentation (January 2021)
24 slides from Green Plains's investor presentation, January 2021
Slide 1: About Fluid Quip Technologies
About Fluid Quip Technologies January 2021
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation includes forward-looking statements that reflect management’s current views of company performance, industry conditions and future economic environment. These statements are based on assumptions and various factors that are subject to risks and uncertaint
Slide 3: The Partnership
The Partnership Ospraie Management, LLC is an independent asset management firm which actively invests in the agribusiness industry. Green Plains Inc. is a leading biorefining company focused on the development and utilization of fermentation, agricultural and biological technologies in the processi
Slide 4: Overview
Overview • Ospraie and Green Plains have invested in mechanical and biological technologies that can be leveraged in synthetic biology and industrial products, changing the face of the bio-refining industry worldwide. • Fluid Quip has established proprietary partnerships in separation technologies,
Slide 5: Overview Cont’d
Overview Cont’d • These industrial sugars, yeasts and proteins can supply a growing gap in the input production needs of bio-tech, synthetic biology, feed and food companies, that are required for feedstocks to create renewable products. • Fluid Quip owns the know how and patents associated with cle
Slide 6: Fluid Quip Technologies/Ospraie/Green Plains Inc.
Fluid Quip Technologies/Ospraie/Green Plains Inc. • Technological cornerstone of Green Plains 2.0 transformation strategy Strategic • Accelerates push into AgTech – allows the internalization of the IP • Supports shift toward higher protein purities and development of novel ingredients and innovatio
Slide 7: Who is Fluid Quip Technologies?
Who is Fluid Quip Technologies? • Founded in 2012 and based in Cedar Rapids, Iowa Engineering • Custom fully integrated engineering and technology firm for Solutions dry/wet corn milling and biochemical facilities Process • Full plant design, process optimization, yield improvement Optimization tech
Slide 8: Fluid Quip Technologies – Technical Team
Fluid Quip Technologies – Technical Team • Over 50 Employees • 15 Chemical Engineers • 5 Mechanical Engineers • Internal CAD Design Department • Projects Management Group • R&D and Laboratory Team • Leading Animal Nutritionist • Significant Combined Industrial Bio-Based Experience • Significant Corn
Slide 9: Fluid Quip Technologies IP and Patent Portfolio
Fluid Quip Technologies IP and Patent Portfolio Worldwide Patents Owned / Licensed • 21 Granted Patents – 8 MSC/Protein – 3 Wet Frac – 3 CST/Carbohydrates – 4 Front End Grind – 3 Distillation • 47 Pending Patents • MSC™ Protein FTO Review • CST™ Sugar FTO Review 9
Slide 10: Fluid Quip Technologies – Bio-refinery – Today and in the Future
Fluid Quip Technologies – Bio-refinery – Today and in the Future 10
Slide 11: Technologies from Fluid Quip
Technologies from Fluid Quip MSCTM CSTTM Flex Plant TM Flex Plant TechnologyTM Maximized Stillage Co-ProductsTM Clean Sugar TechnologyTM • Leading technology in S. America • High-Value Protein from Whole • Clean, Low Cost Sugar • Corn Ethanol Plant Tied to Sugar Stillage • Biochem Market Cane Plant
Slide 12: Technologies from Fluid Quip
Technologies from Fluid Quip SGTTM BOSTM FBPTM Selective Grind TechnologyTM Brix Oil Separation SystemTM Fiber By-PassTM • Secondary Milling Step to • Recover Oil From Liquefaction • Bypass Fiber Around Increase Ethanol and Oil • Total Oil Yield >1.0 #/bu Fermentation Yields *BOS is Protected under
Slide 13: Technologies from Fluid Quip
Technologies from Fluid Quip TSCTM Process Greenfield Process Optimization Projects New Plant Design Thin Stillage ClarificationTM • 70+ Optimization Projects to • Greenfield Full Bio-refinery • Clarifies Thin Stillage Improve Yield and Throughput Design Stream, Increases Oil Yield • Expansion Integ
Slide 14: MSC Technology – Not Just for Corn
MSCTM Technology – Not Just for Corn • Proprietary separation technology applied with multiple cereals and grains • Multiple products and configurations 14
Slide 15: Global Protein Demand is Growing
Global Protein Demand is Growing • World demand in protein is growing across every major sector driven by population growth, economics and availability • Fluid Quip helps feed the world with better proteins in both the US and Brazil • Increase protein production without acreage expansion • Produces
Slide 16: High Protein Technology, High Value, High Quality
High Protein Technology, High Value, High Quality Strategic ingredient in use today • Ultra-High Protein is a proven 50%+ protein co-product • Ultra-High Protein is an optimal ingredient for aquaculture, dairy, poultry, swine and companion animal diets • Currently being used in the pet, dairy, poult
Slide 17: Proteins & Ingredients
Proteins & Ingredients Nutritional advantage • 50%+ protein concentration combining high-value components, becoming a strategic ingredient with vegetable and fungal properties • Cornerstone ingredient for developing new feed rations • Contains positive nutritional qualities which promotes health in
Slide 18: Protein Opportunity with Fluid Quip Ag Tech
Protein Opportunity with Fluid Quip Ag Tech J-Curve of Protein Opportunity • Combination of strategic partnerships and control of hardware technology to drive continuing Gen II Developments innovation and advancements • Own and guide evolving hardware technology and Fishmeal Analogue IP, garnering i
Slide 19: CST System Overview – Disruptive Ag Tech
CSTTM System Overview – Disruptive Ag Tech Clean Sugar TechnologyTM • Potential game changer for the Green Plains portfolio CSTTM • Produce low cost, high quality sugars from a dry grind process • Pull slip stream off base ethanol plant or fully convert whole plant to sugar production to significant
Slide 20: CST – Fuels the Growth of Bio-Renewable Products
CST – Fuels the Growth of Bio-Renewable Products • Investments in synthetic biology start-ups has grown significantly over the last 5 years • Bio Revolution’ is driving a $130 billion opportunity in the specialty chemical and materials market • This gives CST™ ‘sugar’ an opportunity to expand alongs
Slide 21: CST – Disruptive IP Allows Participation in High Value Products Margins
CST – Disruptive IP Allows Participation in High Value Products Margins Glucose Capacity Industry Concentration • Growth in demand has raised profitability of (Capacity in Billions of lbs, wet) wet mills, the main producer of sugar in the Midwest 5% 5% • The current wet mill industry is highly 14% 3
Slide 22: Flex Plant Technology – More Disruptive IP
Flex Plant Technology – More Disruptive IP Flex Plant TechnologyTM Flex Plant TM • Leading proprietary technology combining corn ethanol production with cane ethanol production • Utilizes multiple FQT technologies in a bolt-on configuration • Can lead to non-gmo proteins which are in high demand glo
Slide 23: Improved Sustainability and ESG Impact
Improved Sustainability and ESG Impact MSC Technology • Lower Carbon - Increased Distillers Corn Oil (DCO) recovery, an important feedstock for production of biodiesel and renewable diesel • Lower Transportation Costs - Shipping a concentrated corn protein end product vs whole kernel or traditional
Slide 24: www.ospraie.com www.gpreinc.com www.fluidquiptechnologies.com
www.ospraie.com www.gpreinc.com www.fluidquiptechnologies.com 24