EFC Separations BV
November 24, 2016
Rob van der Meij
[email protected]
Tel +31 646 252 145
EFC Separations BV seeks channel partners and customers for
commercial market intro
History EFC Separations BV
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Rob van der Meij, Corporate and Entrepreneurial background, private investor and
investment manager Capricorn Venture Partners
– Akzo Nobel, Shell Chemicals, KiOR, Fluxxion, EFC Separations,
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EFC Separations Spin out of Technical University of Delft in 2009, R&D company till 2013
2013 participation and funding Sparkling Innovations (Rob van der Meij) for start of pilot
and commercialization phase
Successful pilot plant and demo phase 2014-2016
Scale up to commercial unit with strategic launch customer ongoing, ready Q3 2017
Revenue generation 2013-2016 by paid research projects and sale of pilot plant (2015)
High Quality customer base and pipeline
IP on crystallizer and several applications
Strong team
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Seeking customers and channel partners for global roll out
2017-2018
2/22/2017
2
High salinity water treatment is fast growing market
Industrial water treatment market drivers for Dissolved Solids Removal
Growth of fresh water
production increases the
amount of high salinity waste
water
Environmental regulations
tighten and treatments
becoming more expensive,
strive for ZLD operations
growth> 9% CAGR
market size > 1.1 billion $
Recovery of water for re-use
from industrial waste streams
Recovery of valuable salts from
waste water
Restrictions increase for
groundwater/fresh water use
Source: GWI, Industrial Water Technology Market Report 2015
2/22/2017
confidential
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Market potential for brine treatment recognized by GWI
GWI, Nov 2016 issue
Keith Minnich, Third Bay Inc. consultant, interviewed by GWIE
This is exactly
what EFC does
!!!!!
GWI, Nov 2016 issue
This graphic shows that
membranes nor simple
evaporative
technologies cannot
handle high TDS and
that there is white space
open for FC/EFC as nonthermal and nonmembrane technologies
Current high salinity water treatment technologies have serious short
comings
EVAPORATIVE TECHNOLOGY
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Energy intensive
New heaters can be
restricted by permits
Corrosion and scaling
tendency
• High chemicals usage
Difficult to operate
Cannot deal with heat
sensitive products
Limit on inlet TDS
Energy intensive
Fouling & corrosion sensitive
Require chemicals treatment
Cannot handle heat sensitive
materials
2/22/2017
Freeze Concentration (as
offered by competitors)
MEMBRANE FILTRATION
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No salt recovery, always a
brine
Scaling tendency
Limit on inlet TDS
Problematic for high COD
waters
Can be a pre-treatment for
FC/EFC
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GEA and Sulzer systems
work with wash columns:
• No low T operations
• Limited operating
range, low flexibility
• Complex operations
requiring ice
growth/recrystallizati
on vessels
• Sensitive to inlet
fluctuations
• Cannot make ice and
salts at the same time
Cannot handle salt crystallization
Only produce brine
Inlet TDS and variability limits
confidential
6
Caustic Scrubber – Business case comparison by one of the world’s
largest engineering company
3rd PARTY COMPARISON CONCLUSION:
• EFC process very competitive compared to evaporative techniques
CAPEX
40%
4.00
3.00
2.00
1.00
650
45%
550
450
350
250
150
0.00
50
Crystallization
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OEPX (x1000 euro/yr)
CAPEX (106 euro)
6.00
5.00
OPEX
750
Eutectic Freeze
Crystallization
Crystallization
Eutectic Freeze
Crystallization
Caustic scrubbers are used in virtually every refinery, chemical, gas, power, steel plant etc
Water management and recycle in these facilities becoming more and more important
7
EFC applies (eutectic) freeze crystallization to separate water and
salts
Temperatur
e
Starting concentration
Depending on the starting concentration a
solution will first form ice or salt upon cooling.
The concentration will eventually reach the
eutectic concentration at the eutectic
temperature. At the eutectic point ice and salt
will crystallize simultaneously. Different salt
types have different eutectic freeze points
T
eutecti
c
Eutectic
Point
Concentration 
C
eutectic
Ice
ρ < 1 kg/L
Ice crystals float
Feed
2/22/2017
Mother
Liquor
ρ ≈ 1 kg/L
Salt
ρ > 1 kg/L
Salt crystals sink
confidential
8
The EFC process is simple, has low energy consumption, is chemicals
free and is based on commercially available equipment
Vacuum belt filter
water
feed
EFC Crystallizer
Cooling machine
Salt
Vacuum belt filter
• Freezing takes less energy than evaporation  low energy consumption
• Corrosion is minimal due to low operating temperatures  no corrosion inhibitors
• No thermal degradation of the products  works also for organic components (fi succinic acid)
• No evaporation of volatile compounds
• Low temperature and pressures makes it an inherent safe process
• No anti-scaling chemical additives needed
•. No upper limits for dissolved solids in the feed
2/22/2017
confidential
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EFC units have a modular set up and outsourced manufacturing
Design
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22/02/2017
Reality
Rapid construction and easy deployment
High manufacturing repeatability and standardized components
Large cost down potential and global manufacturing potential
High scalability by multiplication
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Demo unit on its way to South Africa for Acid Mine Drainage
Mining Project:
Treatment of High Na-Mg Sulfate stream from RO Reject
1 x 20 ft + 1 x 40 ft container skid, 2-10 ton/day treatment
22/02/2017
11
EFC is a strong fit in the circular economy
for high salinity water treatment
• Reduce energy consumption
• Reduce volume of waste
water stream
• Removal of salts before
water disposal
COMPLIANCE
POSITIVE
ENVIRONMENTAL
IMPACT
(cheese, caustic etc)
RECOVER
• Salts
• Water
• Concentrates
RE-USE
REDUCE
VALUE RECOVERY
2/22/2017
• Recovery of
valuable salts
• Separation of water
and heat sensitive
products (organic
molecules
VALUE CREATION
growth> 9% CAGR
equipment market size > 1.1 billion $
12
Business model has different market options
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Equipment Sales model for value driven separation cases
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Rental/lease model for waste water treatment cases  long term contract with steady
revenue
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Food, chemical, mineral production industries etc
Business case driven by value of product recovered
Short pay out time for customer (1-2 year)
Customized capacity, based on standard components
Waste water often outsourced
Limited capital available for utility/waste treatment projects, pay out time 3 years typical
Standardized modules with set capacity
Wide industry applications
Channel through service companies in geographical and specific market segments (like oil/gas
etc) for multi-technology cases
Licensing model options applicable
– Specific geographic and/or market segments
– EFCS handles crystallizer supply and process design
– EFCS handles outsources manufacturing with local channel partner
22/02/2017
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EFC Separations has a strong customer base for paid
applications and pilot plant research
A selection of Recurring customers  these customers operate evaporators and
membrane systems but they come to EFC Separations with the problematic streams