2Project Update 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
3Project UpdateEmploying 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.
4Plant Location / Site Overview and then, this is what it will look like….The target site (the top picture is how it looks today) is between the town of Starbuck and the Lyons Ferry Bridge in the center of one of the densest concentration of farming in North America.The Company will draw supply from a 75-mile radius to the site.
6Market & Sales Strategy 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.
8MilestonesColumbia Pulp has a multi-phase construction and development plan to minimize risk. Many significant milestones have already been met:Class 10 Engineering completeConditional Use Permit Issued (May ’14) without objectionNOC Application submitted Mar ’14, NOC permit issued Dec 2014Environmental, traffic, geologic, cultural and other impact studies completeSite purchase negotiation complete, property optioned and under contractAdequate water rights have been purchased and securedPhase 1 & 2 product trials complete with an international paper products company. Product performance results deemed excellentGeneral Contractor selected, draft contract in negotiationLOIs pending from growers/balers for enough straw to supply first 3 years of plant operationStraw pulping process currently operational at a “proof of concept” facility“Off the shelf” pulping equipment, vendors and pricing identified and now under negotiationIndependent third party engineering firm engaged to validate process technology and business feasibility, draft report receivedActive and late stage sales negotiations ongoing. LOI’s expected from multiple customers Jan 2015Bond Underwriting process moving forward smoothly according to pre-planned timeline