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Year End Review January, 2015. Columbia Pulp has had an eventful and productive year. We opened our office on Main Street in September and currently staff.

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Presentation on theme: "Year End Review January, 2015. Columbia Pulp has had an eventful and productive year. We opened our office on Main Street in September and currently staff."— Presentation transcript:

1 Year End Review January, 2015

2 Columbia Pulp has had an eventful and productive year. We opened our office on Main Street in September and currently staff it M-F, 9 to 4. We will soon be opening a testing laboratory in Dayton. Learn more at Project Update 2

3 Employing 135 full time workers, the site is located on 449 acres along the Snake River with natural gas, existing electrical supply and rail capability on State Hwy 261. We expect to have our groundbreaking in early 2015 with the facility start-up approximately a year later. 3

4 and then, this is what it will look like…. Plant Location / Site Overview

5 View of Proposed Plant Looking West

6 Pulp Targeting the Pacific Northwest paper producers, Columbia will sell unbleached, semi- bleached and possibly bleached pulp primarily as a replacement for hardwood pulp. Its straw pulp is a unique product with a number of competitive advantages. Derivative Products The company is evaluating several options to create a value-added revenue stream from the remaining materials. Readily available markets which have been identified include animal feed enhancement and refining into mixed glycols. It can also be sold as a petrochemical replacement for end uses such as soil enhancements, energy generation, and as a “green” replacement for petrochemical phenolics. Market & Sales Strategy

7 Potential Uses for Columbia Pulp

8 Class 10 Engineering complete Conditional Use Permit Issued (May ’14) without objection NOC Application submitted Mar ’14, NOC permit issued Dec 2014 Environmental, traffic, geologic, cultural and other impact studies complete Site purchase negotiation complete, property optioned and under contract Adequate water rights have been purchased and secured Phase 1 & 2 product trials complete with an international paper products company. Product performance results deemed excellent General Contractor selected, draft contract in negotiation LOIs pending from growers/balers for enough straw to supply first 3 years of plant operation Straw pulping process currently operational at a “proof of concept” facility “Off the shelf” pulping equipment, vendors and pricing identified and now under negotiation Independent third party engineering firm engaged to validate process technology and business feasibility, draft report received Active and late stage sales negotiations ongoing. LOI’s expected from multiple customers Jan 2015 Bond Underwriting process moving forward smoothly according to pre-planned timeline Columbia Pulp has a multi-phase construction and development plan to minimize risk. Many significant milestones have already been met: Milestones

9 Local Benefits - Annual Economic Impact Payroll$10,200, jobs Secondary employment$25,000, jobs Straw purchases$13,000,000 Other purchases*$22,700,000 Taxes $1,000,000 estimated Total$71,900,000 Construction$5,000, jobs (temporary) * includes energy, chemicals, freight, stores & supplies


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