REZEL Catalysts Corporation

Introduction and Saudi Arabia Investment Plan

June 24, 2017

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Outline

01 Introduction

02 FCC Process and Catalysts

03 Dehydrogenation Process and Catalysts

04 Saudi Arabia Investment Plan

05 Discussion

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 Introduction
REZEL Performance Driven Value

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Rezel at a Glance

Rezel is the largest private refining and

petrochemical catalyst company in China
and a leading process licenser.

Rezel was Co-founded in Leshan,

Sichuan, China in 2010 by the
technology holder, Dr. Runsheng Zhuo
with Shenghe Resources Holding Co. Ltd.

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Foundation of The Company

SHENGHE RESOURCES
Shenghe is the worlds second largest
rare earth supplier and a public listed
company on the Shanghai Stock
Exchange (SH600392).

Dr. Zhuo Run Sheng

Dr. Zhuo Graduated from The China Academy of Science and was a professor at the
China University of Petroleum.
A well known expert of refining & petrochemical processes and catalysts, Dr. Zhuo owns
26 patents in catalysts, zeolites, and process technology.
Before co-founding Rezel in 2010, Dr. Zhuo was the founder of the first private Chinese
catalyst company, Noblestar(1), in 1998.
(1)Noblestar Catalysts Co., Ltd, was acquired by Grace in 2012.

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Production Facilities

Based on patented refining and petrochemical catalyst and

process technologies:
30 KMTPA (85 MTPD) FCC Catalyst Capacity
10 KMTPA Zeolite Capacity
5 KMTPA Dehydrogenation Catalyst Capacity

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 FCC/DCC
Process and Catalysts
REZEL Performance Driven Value

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Fluid Catalytic Cracking (FCC)

FCC is the most important conversion process used in

petroleum refineries.
It is widely used to convert low value, high-boiling point, high-
molecular weight hydrocarbon fractions of petroleum crude
oils (heavy oil, residual oil, etc.) into more valuable products
like LPG, C2-C4 Olefins, Gasoline, Diesel.
Cracking of petroleum hydrocarbons was originally done by
thermal cracking, which has been almost completely replaced
by catalytic cracking because it produces more gasoline with
a higher octane rating.
One third of global crude oil supply is processed by FCC units.

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FCC and DCC Today

> 600 FCC units in operation world wide (> 220 units in China)
producing:
> 90%LPG
> 60% of global gasoline supply
> 40% diesel
> 15% propylene
Of these, there are 16 DCC (Deep Catalytic Cracking) units with
a total feed volume of approximately 20 million tons per year.
The Biggest DCC unit is at Petro Rabigh, Saudi Arabia

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Basic FCC Unit

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Basic FCC Unit

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FCC Catalyst

1. FCC units require catalysts containing synthetic zeolites and

specialty aluminas designed to break down heavy oil into
smaller hydrocarbon molecules.

2. FCC catalysts are fine white spherical powders, non-toxic,

odorless and non-corrosive.

3. Four major components of FCC catalysts include:

Aluminosilicate zeolite
Aluminas
Kaolin Clay
Mixtures of rare earth oxides

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FCC Catalyst Photo

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Global Catalyst Market

>800,000 MT/year & increasing at >3% per year

Fastest Growing Regions

Middle East
Southeast Asia
Central Asia
Africa
China

Due to rapid growth in industrialization and private car ownership.

Many new FCC units under construction.

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Global Suppliers of FCC Catalyst

1. Grace (USA)
2. Albemarle (USA)
3. BASF (USA)
4. Sinopec (China)
5. ReZel (China)
6. JGCC&C (Japan)
7. Petro China (China)

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Global Suppliers of DCC Catalyst

Only two proven commercial suppliers in the world:

1. Sinopec
2. ReZel

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 Dehydrogenation
Process and Catalysts
REZEL Performance Driven Value

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Dehydrogenation Processes

In the PDH process, propane is dehydrogenated to propylene.

In the BDH process, butane is dehydrogenated to butylene.

The dehydrogenation processes requires catalysts, much like

the FCC unit, although:
Composition is different
Different process designs require different types of catalysts
Moving Bed: Beads
Fixed Bed: Extrudate
Circulating Bed: Microspheres

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PDH and BDH Catalysts Types

By process types:

Pt/Al2O3 Cr2O3/Al2O3 Cr2O3/Al2O3

Moving Bed Fixed Bed Fluidized Bed

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Global Suppliers of PDH Catalyst

Global suppliers of PDH Catalyst:

1. UOP Moving Bed
2. Clariant Lummus Fixed Bed
3. Sd-Chemie AG Uhde Fixed Bed
4. ReZel Circulating Bed, Moving Bed, Fixed Bed
5. One Russia Corp

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 Saudi Arabia
Investment Plan
REZEL Performance Driven Value

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FCC/DCC Catalyst ME/India

The target market for the catalyst plant in Saudi Arabia is

the Middle East and India
Middle East catalyst consumption = 60,000-70,000 tons/year
1. Saudi Arabia 15,000-20,000 tons
Petro Rabigh operates the worlds largest DCC unit
2. UAE 15,000 tons
3. Iran 15,000 tons
4. Oman 10,000 tons
5. Kuwait
6. Bahrain
7. Qatar
8. Iraq
India catalyst demand = 76,000 tons/year

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Saudi Arabia Investment Plan

First stage:
Investment: US$30 million + $25 million (not including current
funding)
Catalyst Plant $75 million current funding = $30 million
Zeolite Plant $25 million
Capacity: 50,000 MT/year
FCC/DCC catalysts & additives, PDH catalysts, and adsorbents.
Construction period: 1.5 years

Site selection requirements:

Land: 50,000-70,000 square meters
Location: In petrochemical industrial area
Utilities: water, electricity, natural gas, convenient transportation

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Saudi Arabia Investment Plan

The first stage project will be capable of producing:

1. FCC, RFCC, and DCC Catalysts
2. PDH/BDH Dehydrogenation Catalysts
3. Desulfurization Catalyst
4. Gasoline Mercaptan Removal Catalyst
5. De-chlorination Agent
6. FCC Metal Passivator
7. CO Combustion promoter
8. FCC Antifoulent/Slurry Circuit Corrosion Inhibitor
9. As Removal Solid Acid Catalyst
10. Adsorbents

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Why Rezel?

ReZel Advantage:
Mature and advanced technology
Proven catalyst factory construction experience
26 Refining and petrochemical patents
Technology reserves
Strong R&D ability
Human Resources
A large number of experienced experts.
Secure raw materials
Stable Rare Earth supplier.
Efficient construction short lead time
Efficient operation energy efficient

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What we have already done

SAGIA of Saudi Arabia Approval

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John T. Haley
Director, Business Development
Rezel Catalysts Corporation
M(China) +86-158-2800-7808
M(USA) +1-410-227-5754
john.t.haley@rezel.com.cn
Floor 7, City South Tianfu Mansion
66 First Shenge Road, High Tech Zone
Chengdu, Sichuan, 610041 China
http://www.rezel.com.cn

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