CASPIAN ENERGY

1. CASPIAN ENERGY Every Cents of your Energy Cost can be saved.

2. CONTENT • Vision • Mission • Organization • BOD & CEO • Technical Team • Specialties • Projects done & Outcome • Selected Papers Published by R&D

3. Vision At Caspian Energy, our vision is to be the international energy company most admired for its values, partnership and performance.

4. Mission • A commitment to deliver innovative, cost effective and self-funding solutions that increase energy efficiency and productivity, reduce operating costs and perform safely, thereby allowing our clients to focus on their core mission. • A commitment to create strong and long-lasting partnerships with our clients. Similar partnerships with our subcontractors, suppliers and vendors ensure that we exceed our customer’s expectations. • A commitment to create and implement solutions that preserve and improve the environment in which we all live and work. • A commitment to continuously improve our knowledge and also finding new solutions for new problems, through research and technology development.

5. Organization

6. BOD & CEO Ahmad Fayazbakhsh (Chairman) Ph.D. in Management Mohammad Saeedi (Vice Chairman) Ph.D. in Law M. Hassan Panjeshahi (Member & CEO) Ph.D. in Process Integration

7. Key Technical Team

8. Specialties • Process Design and Optimization • Heat Exchanger Networks • Co-generation and Site Utility Systems • Low-Temp. Liquefaction and Gas Separation • Water and Waste Water Minimization • GHG Emission Reduction in Processes • Renewable Energies • Environmental Protection

9. Projects Done • Energy Auditing and Implementation of Energy Information Management System in Mobin Utility Plant • Optimization of Cooling Towers of Tehran Oil Refinery for Heat Loss Reduction • Feasibility Study for the Application of Plate & Helix Heat Exchangers in Petroleum Industry • Assessment of Technology Transfer & Modalities to acquire them, to Address Climate Change Response Goals • Development of Energy Scenarios for Iran

10. Projects Done (Cont.) • Development of a New Method for Process Integration Using Combined Thermal & Water Pinch Analysis • Design and Optimization of Low-Temperature Liquefaction and Gas Separation Processes • Energy Conservation in Sugar Industries • Water & Waste Water Minimization in Arak Refinery • Energy Auditing of Khangiran Gas Refinery • Energy Auditing of Raazi Petrochemicals

11. Projects Done (Cont.) • Energy Auditing of Abadan Petrochemicals • Energy Auditing of BIPC (Bandar Imam Petrochemical Complex), Consisting of 12 Petrochemical Plants • Optimization of Power Plant Efficiency Using Combined Pinch and Exergy Analysis • Energy Optimization in 16 Selected Energy Intensive Industries, Including Oil Refineries, Petrochemicals, Polymers, Motor Oil, Tire Industry, Detergents, Steel Manufacturing, Pulp & Paper, Food Industry, Sugar Industry, Etc.

12. Projects Outcome 18 Energy-Saving Projects in Industries, Iran

13. R&D Papers • Panjeshahi M. H., Ataei A. and Gharaie M, “A Comprehensive Approach to Optimum Design & Simulation Model of a Mechanical Draft Cooling Tower”, Iranian Journal of Chemistry & Chemical Engineering, Vol. 29, No. 1, 2010 • TahouniN., SmithR. and M. PanjeshahiM. H., “Comparison of Stochastic Methods with Respect to Performance and Reliability of Low-Temperature Gas Separation Processes”, The Canadian Journal of Chemical Engineering, Canada, 2009 • Ataei A., Panjeshahi M. H. and Karbasian S., “Simultaneous Energy and Water Minimization – Approach for Systems with Optimum Regeneration of Wastewater”, Research Journal of Environmental Sciences, USA, 3: 604-618, 2009

14. R&D Papers (Cont.) • Ataei A., Panjeshahi M. H., Gharaie M. and Tahouni N., “New Method for Designing Optimum Distributed Cooling Sys. for Effluent Thermal Treatment”, International Journal of Environmental Research, Iran, 3 (2): 155-166, 2009 • Panjeshahi M. H., Ataei A., Gharaie M. and Parand R., “Optimum Design of Cooling Water Systems for Energy and Water Conservation”, Chemical Engineering Research & Design, UK, 87 (2): 200-209, 2009 •  Ataei A., Panjeshahi M. H. and Gharaie M., “New Method for Industrial Water Reuse and Energy Minimization”, International Journal of Environmental Research, Iran, 3 (2): 287-298, 2009

15. R&D Papers (Cont.) • Ataei A., Panjeshahi M. H. and Gharaie M., “Performance Evaluation of Counter-flow Wet Cooling Towers Using Exergetic Analysis”, Trans. of the Canadian Society for Mechanical Eng., 32 (3&4): 499-511, 2008 • Panjeshahi M. H. and Tahouni N., “Pressure Drop Optimization in De-bottlenecking of Heat Exchanger Networks”, Energy Journal, Elsevier, Vol. 33, No. 6, pp. 942-951, June 2008 • Panjeshahi M. H. and Ataei, A., “Application of an Environmentally Optimum Cooling Water Sys. Design in Water and Energy Conservation”, Int. Journal of Environment Science and Tech., Vol. 5, No. 2 (51-262), 2008

16. R&D Papers (Cont.) • Panjeshahi M. H., Ghasemian E. and Tahouni N., “Retrofit of Ammonia Plant for Improving Energy Efficiency”, Energy Journal, Elsevier, Vol. 33, Issue 1, pp. 46-64, Jan 2008 • Panjeshahi M. H. and Khoshgard A., “Pressure Drop Consideration in Grass-roots Design of HEN’s – A New Method”, Journal of Chemical Engineering of Japan, Osaka, Japan, 2007 • Panjeshahi M. H., Amidpour M. and Danesh H. A., “Generalization of Decomposed Integration Methods for Cost Effective HEN with MCL”, Iranian Journal of Chemistry & Chemical Engineering, Vol. 24, No. 1, 2005