P5.53 Rise of Plastic The Problem of Waste 46Mt of plastic made in the EU pa 6.6Mt recycled [14%] 8.9Mt energy from waste [19% ] >30Mt ……?? Confidential Copyright Recycling Technologies 2014 2 The ticking time bomb 10% OF ALL WASTE is plastic. PACKAGING ~40% of total plastic 500 BILLION PLASTIC BAGS pa worldwide. 15 MINUTES average ‘working life’ of a plastic bag. Confidential Copyright Recycling Technologies 2014 3 The Rise of Plastic Confidential Copyright Recycling Technologies 2014 4 Plastic Waste Market: Powerful Drivers for Change • Government policy • Public awareness • Circular Economy • Energy Security Confidential Copyright Recycling Technologies 2014 5 RT Solution: The WarwickFBR™ Small & Modular • Take technology to the plastic not visa versa • Lower costs compared to central EfW plant Recycling Waste Plastic back into PlaxOil™ • Recycle not Recovery • Flexible use of the PlaxOIl™; feedstock, CHP, Marine etc. Highest ROI for any waste plastic solution Confidential Copyright Recycling Technologies 2014 6 RT Solution: Attractive Numbers Key Numbers MPW Feedstock Plaxoil Output (t pa.) Gate Fees 7,000 5,200 £80/t PlaxOil™ Value £420/t t per year t per year P&L Gate Fees (£/t) PlaxOil™ Sales SALES OPEX EBITDA CAPEX Payback (years) Confidential £M o.56 2.18 2.74 0.49 2.25 3.50 1-2 Copyright Recycling Technologies 2014 7 RT Solution: adding to the existing system Cardboard BioMass Wood Paper Metal HDPE Glass Confidential Copyright Recycling Technologies 2014 MPW PET 8 Management Team, Directors & Partners Adrian Griffiths Founder & MD Co Founder – OEE Consulting & Vendigital David Ashcroft Finance Director Chair: Minerva & WIG David Fry Operations Director Ex Raychem / OUP Adrian Haworth Sales & Marketing Ex. GE Energy John Clarkson Chairman of the Board. Ex. PWC & CEO Ashleys plc Neil Morris Investor Director Ex KPMG & Regional Chairman Coutts Bank Peter Jones OBE Dr. Ilian Iliev Investor Director CEO ECO Machines Previously Director of Biffa Waste Services Confidential Copyright Recycling Technologies 2014 9 Key team members Dr Antzela Fivga, Head of Research Dr Hussain Saeed, KTP Associate Ravish Jain, Senior Project Manager Konstantina Stamuli, Engineer Matt Green, Process Engineer, Matt Gear, Engineer Arthur op den Brouw, Head of Brand & Communication Confidential Copyright Recycling Technologies 2014 10 Status: 1st Commercial Machine Installation – QTR 1 2015 Layout of installation Confidential Copyright Recycling Technologies 2014 Cleared Site 11 Summary • >30Mt of Mixed Plastic Waste disposed of in the EU every year • 7000t pa in each WarwickFBR™ creates >£2.5M pa revenues • Turns a waste into a resource, PlaxOil™ providing a 1 – 2 year payback • Great team, great opportunity Thank you Confidential Copyright Recycling Technologies 2014 12