Renewable Diesel Market Value Proposition slide image

Renewable Diesel Market Value Proposition

VII CONSTRUCTION STATUS Small discrete projects commissioning sequentially during 2022 EPC execution by Burns McDonnell Independent project controls and tracking by Triten IAG Timeline of Individual Projects' Commissioning --Eng & Procurement -Total Spend 100% Timeline: April Logistics August September YE22 Growth Projects Hydrocracker Renewable Renewable Feedstock 80% Completion, % carveout (1) catalyst Diesel (2,3) hydrogen (4) pretreater Engineering 100 100 95 100 40 60% Procurement 100 Construction 100 100 n.a. (2) 85 60 20 40% 50 10 5 (1) This project splits the existing oil handling and asphalt blending assets from the standalone renewables logistics (2) Refinery shutdown scheduled July 25, perform hydrocracker normal maintenance turnaround and load Haldor Topsoe renewable diesel catalyst (no modifications are needed to the hydrocracker reactor) 20% (3) Modify refinery utility systems, process controls, water handling, flare headers, steam for railcar unloading, etc (4) Renewable hydrogen plant lump sum engineering and procurement contract with Technip Stone & Webster who are "cloning" a recently built hydrogen plant from another site (using the identical engineering design) 0% TritenIAG Apr-21 Jun-21 Aug-21 Oct-21 Dec-21 Feb-22 Apr-22 Jun-22 Aug-22 Oct-22 Dec-22 Excluding pretreater (specialized installation, awarded separately) 33
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