Primus Green Energy, Inc.© All rights reserved CONFIDENTIAL Panel Discussion: Domestic Methanol Industry Resurgence Sam Golan CEO Primus Green Energy Inc.
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Primus Green Energy, Inc.© All rights reservedCONFIDENTIAL
Panel Discussion: Domestic Methanol Industry Resurgence
Sam GolanCEO Primus Green Energy Inc.
Primus Green Energy, Inc.© All rights reservedCONFIDENTIAL
Company Introduction
American company based in New Jersey started in 2007Gas to Liquids (GTL) technology developerMethanol and Gasoline plant development35 employees, vertically integratedMultiple US and foreign patents
Commercial Demonstration Plant
Presenter
Presentation Notes
Started as a wood to gasoline With the growth of US and Canadian Natural gas production in the Marcellus/Utica, Permian Basin, Bakken and other locations, Primus is positioned well to develop and deliver new GTL technologies.
Primus Green Energy, Inc.© All rights reservedCONFIDENTIAL
Highly attractive economic solutions
Pipeline Gas
Primus STG+ Unit Liquid
Methanol or GasolineAssociated Gas
at Oil Wellpad on-shore & off-shore
Flare/Off Gas
from Refinery or Petrochemical Plant
2014 - Primus awardedApproval in Principal for Offshore Gas-to-Liquid Plant
Presenter
Presentation Notes
Mention excess syngas as a feedstock
Primus Green Energy, Inc.© All rights reservedCONFIDENTIAL
Benefits from STG+™ Systems
Smaller scale with same economics as mega plantsPrefabricated standardized, modular units18 months from project start to productionHigh quality IMPCA grade methanol productDelivered to customer site or near cost-advantaged feedstockOnshore and offshore applicationsSmaller GHG footprint
Presenter
Presentation Notes
GHG Footprint – Recycled gasses producing more product Use of available CO2 to produce more product Low Nox , Low Sox burners Closer to customer reducing or eliminating transportation emissions IN development – CO2 capture and recycling
Primus Green Energy, Inc.© All rights reservedCONFIDENTIAL
Projects underway
Alberta Methanol PlantMarcellus Methanol PlantEast Mediterranean Offshore methanol plantNorth Dakota Gasoline PlantMontreal, gasoline plantUS purpose built plantsOman, flared gas
Primus Green Energy, Inc.© All rights reservedCONFIDENTIAL
Marcellus Methanol Plant – Online Q1 2019
Partners
PGE is developing a methanol plant at an existing chemical facility in West Virginia. Attractive returns result from the combination of low cost feed gas and strong methanol regional demand. Tauber Oil, the largest US methanol distributor, will offtake all methanol from the plant. All modules assembled in United States.
Site Covestro plant in West Virginia
Product Phase 1 - 160 MT/D methanolPhase 2 – 480 MT/D (3 trains)
Drivers
• Attractive project returns• Low cost feed gas• Strong local methanol
demand• Existing infrastructure onsite
Primus Green Energy, Inc.© All rights reservedCONFIDENTIAL www.primusge.com
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