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Spero Energy Inc. Pioneering a Greener Future. Team Spero. Mahdi Abu-Omar, Ph.D. – Founder and President Basudeb, Saha, Ph.D. – Chief Technical Officer Trenton Parsell, Ph.D – Sr. Scientist Ian Klein – Scientist Barron Hewetson – Scientist. Advisors to Team Spero.
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Spero Energy Inc. Pioneering a Greener Future
Team Spero Mahdi Abu-Omar, Ph.D. – Founder and President Basudeb, Saha, Ph.D. – Chief Technical Officer Trenton Parsell, Ph.D – Sr. Scientist Ian Klein – Scientist Barron Hewetson – Scientist
Advisors to Team Spero Tim Peoples, Ph.D. • 18 years agricultural product and business development, Cyanamid • Entrepreneur in Residence, Purdue Foundry Nathan S. Mosier, Ph.D. • Scale-up • Bio-process engineering Tony Hamer, Ph.D. • 40 years industrial chemical production
Wasted Carbon Value LIGNIN CARBOHYDRATES Biomass2energy.com aerovent.com
TECHNOLOGY OVERVIEW Process • Cellulose • Paper • Ethanol High Value Chemicals
Business Opportunity DHE Isoeugenol / Eugenol $440 M DMP $375 M Vanillin $300 M
Phase to Market First sales
Market Expansion Lignin Derived Products DHE DMP Isoeugenol/Eugenol Vanillin Carbohydrate Derived Products
Spero Competitive Edge • Competitors: • Shijiazhuang Sdyano Fine Chemical Co., Ltd • Suzhou Yacoo Corporation • Indesso
Spero Timeline New Product Development Commercial Production Scale up Year 0 Year 1 Year 2 Year 3 Year 4
Summary • High value from waste • Competitive product • Strong pipeline • Excellent Team • Scientific and business experience • Seeking marketing team