BioPol

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BioPol

• Sustainable bioplastics

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BioPlastics

• Biodegradable
• Stronger
• Lower oxygen diffusion
• Produced in genetically modified plants
• Reusable waste products

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BioPol The Enterprise

• Founded 1998
• TU Delft (NL) and RUG (BE)
• Originally 10 employees
• Research funding by EU (FP5 - 612B)

• Situation 2002
• Starting plant in Krosnac (Poland)
• 30 employees
• Research funding by EU (FP5 - 612B)

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Company Organization
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BioPol Research and Development

• Transgenics
• Process Optimalization
• Purification (yield)
• Plastic foil
• Polymer Production

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BioPol Production Chain

• Transgenic Seed

Farmer
Harvest-extraction
Raw polymer (BioPlastic)
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BioPol Customer Profile

• Plastics producers
• Asia
• Australasia
• Plastics consumers
• Western Europe
• North America

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The Global Thermoplastics Industry
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BioPol Finances

• Supplier of advanced bioplastics to the global
  thermoplastics industry ( 120 billion tons in
  2001)
• Current company capitalization 20 million EURO
• Seed financing completed
• First stage financing in progress
• Estimate need for second-stage financing in
  second year of operation

• Positive cash flow is projected in first year of
  operation

• Break-even status anticipated within 8-10 years

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BioPol Sales Projections
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BioPol Activities Timeline

• Immediate large-scale production
• Secure IP position on new technology in branched
  polymer synthesis
• First transgenic plants being cultivated in
  Canada for seeds
• Primary production crop slated for growth and
  harvest in 2003

• Bioplastics production scale
• Initial production capacity 400 tons of raw
  polymer in 2003
• Progressive scale-up ( 30 increase in
  production per year)
• Profitability targeted within the first year of
  operation
• 80-employee workforce targeted for end-2003

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BioPol Cooperation Strategy

• Stimulate direct contact with customers
• Presentations at annual conferences and at
  exhibitions
• Monthly newsletter
• Production facility visits
• Target groups
• Customers (farmers, end-users)
• Population of Krosnac (free cattle feed,
  kindergarten)
• Local environmental interest groups

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BioPol Sustainable Development Strategy

• Environmentally friendly transgenic crops
• Fertile parent lines cultivated in isolation
  (containment)
• Sterile plants in Europe for bioplastics
  (deliberate release approved)
• Chloroform-free extraction of raw polymers for
  bioplastics
• Features of the new process
• Constitutive expression of genes for polymers in
  transgenics
• Production of durable bioplastics with
  biodegradable properties
• Controlled copolymerization for generating custom
  plastics
• All plant waste products are recyclable as feed
  and fertilizer

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BioPol Future Products

• Plastics with other characteristics
• Varied side chains (polysaccharides, polyamino
  acids)
• Novel copolymers

• Provision of purification methods
• Purification of different polymers for different
  purposes
• Defined manufacturing for the end-user

• Novel applications
• New bioplastics for medical purposes (valves and
  stents)
• Convenience and greater reliability

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BioPol

• Sustainable plastics

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Crisis Management I

• We will employ the following strategy
• Do tests to determine whether the crops that were
  discovered to contain polymers in Germany are
  sterile.
• If they from the parent lines, we will state
  these legal points
• We are not responsible for environmental
  consequences arising theft of seeds
• We are adhering to regulations by containing our
  parental lines
• Remind the courts that the Polish regulations
  under which we are working are equivalent to
  those of the EU
• Theft of our seeds cannot be construed as
  negligence or malfeasance on our part.

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Crises Management II

• We will continue to work on other more
  environmentally friendly polymers
• We will work to integrate ethical and social
  issues into our future product development