GXT GREEN • an International Materials Company • Part of the Massachusetts Innovative Ecosystem
GXT GREEN • An International Materials Company • Part of the Massachusetts Innovative Ecosystem
LOW COST, SUSTAINABLE, PLASTIC REPLACEMENT TECHNOLOGY
Saco, Maine Informational Workshop January 9, 2017
Manas Chatterjee- President and CEO Michael Vanin, Chief Operating Officer & Sr. Vice President of World Wide Sales Rengan Kannabiran, Sr. Vice-President & Head of Research and Development
GXT Green, Inc. GXT G GXT As part of the Massachusetts Innovative
Ecosystem we help communities, REEN corporations and governments around
the world implement sustainable IS
practices that align social responsibility WHERE with economic viability GXT Green adheres to 4 key principles.
Our products and service must: “E All GXT Green ECOgrade products and Our products and service must: 1. Be sustainable
1. Be sustainable CONOMICS services align with these 4 core principles 2. Solve a critical problem 3. Perform as well or better (vs. products they replace) To address these issues, communities 4. Competitively priced (vs. products they replace) around the world are collaborating with GXT Green to help find solutions MEETS
GXT solutions include sustainable E products: COLOGY . ECOgrade plastic replacement products
. Made from reclaimed and natural ” ingredients. Sugar Cane bagasse (husks)
2
Education is a big part of the value GXT Green brings to the market GXT G GXT
Did you know that… REEN
IS
WHERE “E
40% CONOMICS 80%
Equal to filling 34 million gas tanks
MEETS
E COLOGY
70% ”
National average is 3%
*http://www.washingtonpost.com/wp-dyn/content/graphic/2007/10/03/GR2007100301385.html Confidential. Not to be shared outside of the organization. GXT Green Product- Community and Commercial Appeal G GXT
ECOgrade® Resin Commonwealth Bags
Manufacturers of all plastics Communities like Saco struggle with plastic REEN . ECOgrade reduces raw material costs, improves bag pollution
sustainability without sacrificing quality . 4+ billion plastic bags are littered annually world IS
. Plastic bag manufacturers are looking for stable wide WHERE pricing (green is a bonus) . Plastic bags take over 400 years to degrade . Plastic mulch/row cover manufacturers desire a . Est. that billions/year wildlife are killed from
low cost, non-toxic degradable film plastic litter “E
. Plastic cups, bottles and flatware . Other solutions are much more expensive, and… CONOMICS manufacturers are under pressure to produce o Have not solved the litter problem, sustainable, degradable and recyclable non- convenience factor, strength concerns, or toxic products leaving behind toxic residue
Reactive Agent GXT Green Commonwealth bags address the MEETS . Calcium Olefinic Glucosate replaces plastic above . Cost advantage because of price stability of . GXT Green offers products that: ECOgrade resin o Photo, Bio, Compost, Aerobic, Anaerobic E
. Made from plentiful natural materials (landfill) degradable COLOGY . Products can be manufactured in existing o Reusables facilities. . Leaves no toxic resins behind
. Produces 50% fewer Greenhouse gases ” . Requires 15% less energy to manufacture.
Confidential. Not to be shared outside of the organization. 4 Testing Guidance and Compliance
The American Society for Testing and Materials (ASTM) sets international standards: . Photodegradable material (ASTM D5272) . Compostable/aerobic material (ASTM D5338) . Anaerobic degradable material (ASTM D5511)
GXT Green’s ECOgrade material used in our Commonwealth, Lexington, and Concord series comply with these ASTM standards.
Additionally the GXT Green material, passes US and Canadian standards for heavy metals as per limits set in Table 3 of 40 CFR (Code of Federal Regulations) Part 503.13
By virtual of its unique properties and manufacturing process, ECOgrade material leaves behind a smaller carbon footprint than plastic and paper.
.
Confidential. Not to be shared outside of the organization. 5 Examples of 3rd party Certifications and Acknowledgements
CIPET Accelerated Test Toxicity Test #1 Toxicity Test #2 Soil Conditioner (D5208)
Trex: Recycling Pacific Research Inst. Mass. Sierra Club Blue Ocean Society
COG- Umass Lowell Millennium Research Lab for Advanced CIPET- India Labs (USA) Research - India 6 Example of degradation- ASTM Certified Lab
Time lapse pictures from Q-Labs
40 days 90 days
Exposure Duration: 240 Days
120 days 240 days
Specimen is totally degraded
7 GXT Green offers multiple solutions In addition to photodegradability (ASTM 5272), there are varied requirements among different retailers, cities, countries and for degradability, including: . Compostability (ASTM 5338) . Landfill acceptability (ASTM 5511) GXT Green has developed solutions for a range of requirements and has applications in plastic replacement (bags, utensils, plates, bottles, etc.) . Commonwealth Photo + aerobic 1 . Lexington degradation Photo + Bio degradation + . Concord Photo degradable Photo degradable + Anaerobic1 2 . Newton Anaerobic . Walden . Amherst Bio-based Sugar Cane . Dover. Photo + Re-Useable GXT recycled material
1. Aerobic: The breakdown of organic contaminants by micro organism when oxygen is present 2. Anaerobic: The break down biodegradable material in the absence of oxygen 8 Confidential. Not to be shared outside of the organization. Attribute Series Name ASTM Standards (Menu Based) ASTM 5272 Priced Commonwealth Photo degradable Competitive to ASTM 5208 Plastic
Photo + Aerobic1 ASTM 5272 Priced Lexington (compostable) ASTM 5338 to be very ASTM 5272 Concord Photo + Anaerobic2 competitive with ASTM 5511
ASTM 5272 Paper and Newton Photo + Bio + Anaerobic ASTM 5511 ASTM 5338
ASTM 5272 Biodegradables Walden Bio Based ASTM 5511 ASTM 5338
For resale to Amherst Reusable ASTM 5272 consumers
ASTM 5272 Priced Dover Photo + GXT recycled Competitive to ASTM 5208 Plastic
1. Aerobic: The breakdown of organic contaminants by micro organism when oxygen is present 2. Anaerobic: The break down biodegradable material in the absence of oxygen 9 GXT Green Bags and Resin Success GXT Green boasts large international acceptance of our bags as a viable, economically feasible solution to plastic bags pollution . Cities and communities that have restricted plastic bags are using or contemplating he ECOgrade bag . Delhi, India . Toronto, Canada . Oak Bluffs, MA . GXT Green offers a menu of solutions that meet local community requirements . Over 3.0 billion bags in use o With 37 brands ECOgrade bags pipeline: . U.S. +2.6 billion bags . International +3.0 billion bags The market for GXT Green products is growing rapidly throughout the U.S. and the world: . Brazil . Africa . Asia . Mexico.
10 GXT Green Bags Align with New England Values
GXT Green’s bags could be an easily adopted program and help Saco to G GXT keep its green rankings along with other New England States
. New England- “Greenest” states in the U.S. in 20151 REEN
Maine #2 IS
WHERE “E
Vermont #1 NH #3 Mass #22
RI #14 CONOMICS Boston: #7 “greenest” cities in the U.S.2 . Decided to table ban (GXT Green testified)
ECOgrade is good for business MEETS . Shaw’s
. Hannaford's E . Renys Department Store COLOGY Studies show that brand loyalty and
increased sales are linked to “green” initiatives. ”
1. http://247wallst.com/investing/2010/12/16/ 2. http://ecowatch.com/2015/04/15/greenest-cities-in-america/ 11 Why The GXT Green Bags are the Right Solution
Category Cost Strength Degradation Environmental impact Other
Does not degrade in landfills 63% more energy and Paper high Low Days as much as it “mummifies” 94% more emissions
Leaves behind “micro Plastic low High 400+ yrs. “Urban tumble weeds” plastics”
Unsanitary. Reports show Negative impact unless used increase in stomach Reusable Very high High 400+ yrs. >200 times without washing infections. NBC reports or 2 years of use weekly theft rate has doubled to $1,000
Degrading agent are often Oxo Very short shelf life. Very high Medium 180 - 730 days heavy metal salts – toxic to photodegradable FTC warning. the environment
Degraded residue improves Avoid microplastics ECOgrade® competitive High 60-240 days soil/water condition pollution.
Positive Negative All grades of GXT Green products are superior in all major categories
12 Important “Call Outs” Written in December 2012 . Kenneth P. Green (Resident Scholar at the American Enterprise Institute) and Elizabeth DeMeo (Research Assistant at AEI) . Unsolicited by GXT Green KEY POINTS . Studies suggest that as with other environmental intervention; banning plastic grocery bags reduces some harms, while increasing others GXT Green . “GXT, for example, has just released a potentially viable solution in the form of a Photo-Degradable Bag.”
TREX is one of the biggest user of recycled plastic bags Combines re-constituted bags with wood pulp to make “artificial” decking with a 25 year warrantee Tested 100% Commonwealth bags (instead of plastic). Showed no degradation once reconstituted . Conclusion is that GXT Green’s bags are recyclable in a commercially viable product.
13 Saco, Maine’s and Green, Inc. values align G GXT
SACO, M.E. GXT Green, Inc. REEN Driver: To identify and encourage the Driver: “Economics Meeting Ecology”
actions and practices that support . Cost-effective plastic alternative for IS
environmentally and economically retail establishments WHERE sustainable materials
Product Stewardship: An integral part Product Stewardship “E of the State’s solid waste management . Most Innovative Product of the Year CONOMICS strategy for considering product (Best in Biz Awards International) stewardship programs and changes to . Business of the Year (Massachusetts
Maine’s existing programs. Chamber of Commerce) MEETS Environmentally Preferable Environmentally Preferable
Purchasing Manufacturing E
. Products made without toxins, to be . COG is not plastic COLOGY energy-efficient, and to be easily . Recyclable (Trex) recycled . Solves litter problem . That cause less harm to humans and . Leaves no toxins in the ” the environment than competing environment. goods that serve the same purpose.
14 Confidential. Not to be shared outside of the organization without permission.
Taiwan ECOgrade Resin Factory G GXT
REEN
IS
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CONOMICS
MEETS
E
COLOGY ”
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Confidential. Not to be shared outside of the organization. Confidential .Not to be shown outside of the organization ECOgrade® (COG) Bags- Contract Manufacturing
ECOgrade bags are contracted with facilities that have access capacity Manufacturing ECOgrade bags using GXT Green resin blend adds or preserves jobs Rendering of a typical bag extruder
Resin is made from natural/renewable/ recycled materials such as: • Mineral salts (like those derived from tilling of limestone mines) • Bagasse (left over husks of ECOgrade (COG) Materials/Process sugar cane plants) 1 ECOgrade resin blend 2 ECOgrade COG infeed 3 Reduce temperature by ≅ 35oC ECOgrade film: Calcium Olefinic Glucosate (COG)
16 Confidential. GXT Green Offers Solutions- Acknowledged Domestically and Internationally
Five Local Companies to Watch (2011) The voice of NE Innovation Discovery.Com “How Stuff Works” (2011) Consultancy of the Year (2011) Biz Green Leaders Award - London Consumer Product of the Year (2012) Winner of MassTLC Innovation of the Year (2013) Finalist SBANE Product of the Year (2013) Best in Biz Awards International Most Innovative Product of the Year (2013) Best in Biz Awards International GXT Green Finalist Business of the Year(2013) Massachusetts Chamber of Commerce Product of the Year (2013) Annual Boston Business Journal/Mass High Tech All Star Best Small/Medium Enterprise (2014) Responsible Business Awards - London Sustainability Commercialized (2014) Responsible Business Awards Best Small Business- Technology and Innovation (2015) Zip Recruiter Edison Award Nominee (2016) “Honoring the Most Innovative New Products and Services in the world” NewCo Host Company (2016) “Changing Boston and the World”.
17 Summary G GXT GXT Green lives by its motto- “Economics meets Ecology” This means that all products we bring market must: REEN
. Be sustainable IS
. Solve a critical problem WHERE . Perform as well or better
o Versus the products they replace “E
o Good for Consumers CONOMICS . Competitively priced o Versus the products they replace o Good for business
Our solutions are easy to implement MEETS Easily and effectively reinforces green messaging
Make economic sense E . Saves money COLOGY . Preserves or creates jobs
. “Green” solutions creates more customer loyalty and higher ” revenue.
18 It’s Not Easy Being Green ....actually…. It’s pretty easy
Easy to implement Economical Visible Reduces the Aligns with and Saves money and enhances Saco’s Solves the puzzle of Reinforces CO2 footprint how best to proceed preserves jobs Saco’s green green image messaging with a menu of solutions www.gxtgreen.com www.ECOgradebag.com www.gxtgreen.com www.ECOgradebag.com www.gxtgreen.com www.ECOgradebag.com www.gxtgreen.com www.ECOgradebag.com www.gxtgreen.com www.ECOgradebag.com www.gxtgreen.com www.ECOgradebag.com Questions?
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GXT G GXT REEN “Economics meeting Ecology”
Award Winning Company with Innovative Products IS
WHERE
“E CONOMICS MANAS “BOB” CHATTERJEE MICHAEL C. VANIN President & CEO COO & SVP of World Wide Sales Cell: 617-818-5691 Cell: 617-835-0189 [email protected] [email protected] MEETS
RENGAN KANNABIRAN, PhD. E
SVP and Head of R&D COLOGY Cell: 508-733-9402
20 GXT GREEN • An International Materials Company • Part of the Massachusetts Innovative Ecosystem
LOW COST, SUSTAINABLE, PLASTIC REPLACEMENT TECHNOLOGY
Saco, Maine Informational Workshop January 9, 2017
Manas Chatterjee- President and CEO Michael Vanin, Chief Operating Officer & Sr. Vice President of World Wide Sales Rengan Kannabiran, Sr. Vice-President & Head of Research and Development LCA
22 Life Cycle Assessment and Inventory G GXT
As a part of the cradle-to-grave life cycle assessment (LCA), this study, using
sources cited on next page and has determined the entire the life cycle inventory REEN (LCI) of ECOgrade bags.
A lifecycle inventory is the phase of a life cycle assessment (LCA) involving the IS compilation and quantification of inputs and outputs for a given product system WHERE throughout its life cycle.
Following is both an LCI and an LCA using ISO 14040:2006 protocol, which has “E
formally evaluated the net emissions of Green House Gas (GHG) produced in the CONOMICS extraction and processing of raw materials, the manufacturing of the ECOgrade bags, the transportation of the bags from manufacture to customer, and the GHG
produced at disposal.
MEETS
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COLOGY ”
Confidential. Not To Be Used Outside the Organization Without Permission. 23 Life Cycle Assessment G GXT
Life Cycle Assessments (LCA) reports, referenced in Environmental Impact Reports(EIRs) REEN
. Attempt to identify the impact to the environment during the IS
manufacturing and disposal/recycling process of the different types of WHERE paper, plastic, and reusable bags. . The impact to the environment is analyzed with respect to water use, energy consumption, generation of greenhouse gases, chemicals used, “E etc. CONOMICS Life Cycle Assessment (LCA) reports looked at include the “Life Cycle Assessment for Three Types of Grocery Bags – Recyclable Plastic; Compostable,
Biodegradable Plastic; and Recycled, Recyclable Paper” by Boustead Consulting & MEETS Associates38;
. “Life Cycle Assessment of Supermarket Carrier Bags” by the UK Environment E
Agency; and COLOGY . “Life Cycle Assessment of Reusable and Single-use Plastic Bags in California” by the California State University Chico Research Foundation; and, the . “Master Environmental Assessment on Single-Use and Reusable Bags” by ” Green Cities.
24 Confidential. Not To Be Used Outside the Organization Without Permission. Environmental Impact Comparison of ECOgrade bags G GXT
Project Scope:
This report is an Environmental Impact Comparison of ECOgrade bags to the conventional REEN Kraft paper and standard HDPE plastic grocery bags
. Compares the key impacts of raw materials extraction, production of the bags, and IS
transportation to distribution centers WHERE . These comparisons extend up to but not past consumer use of the bags
Environmental Factors: “E . CO e Emissions 2 CONOMICS . Total Energy Use . Water Use Pertinent Life Cycle Stages:
. Raw Material Extraction & Processing MEETS . Manufacturing Processes
. Post-Production Transportation E
Manufacturing Assumptions COLOGY . Paper: 51 microns, size 17” x 12” x 6.25” (30% recycled material)
. Plastic: 13 microns, size 22” x 12” x 7” (typical size) ” . ECOgrade: 15 microns, size 22” x 12” x 7”
25 Confidential. Not To Be Used Outside the Organization Without Permission.
Sources GXT G GXT United Nations Framework Convention on Climate Change . http://cdm.unfccc.int/filestorage/N/P/L/NPLRYFK7SEWG4O01ZJ3MX58VHC62AU/Assessment%20of%20energy%20savings%
20in%20recycling%20versus%20new%20feedstock.pdf?t=Wjl8bTg1NGY0fDDJf3FI0vyXpIIFcB2qq770 REEN
Transportation CO2 Equivalency Values Okala, May 2007 . http://cdm.unfccc.int/filestorage/N/P/L/NPLRYFK7SEWG4O01ZJ3MX58VHC62AU/Assessment%20of%20energy%20savings% IS 20in%20recycling%20versus%20new%20feedstock.pdf?t=Wjl8bTg1NGY0fDDJf3FI0vyXpIIFcB2qq770 WHERE
United States Environmental Protection Agency
. http://www.epa.gov/osw/conserve/materials/plastics.htm “E
. http://epa.gov/climatechange/wycd/waste/downloads/fullreport.pdf CONOMICS
Mass Sierra Club . http://www.sierraclubmass.org/issues/legislative/2011/summary%20-%20plastic%20bags.pdf
EPA of Victoria, Australia MEETS
. http://www.epa.vic.gov.au/agc/r_cc_causes.html#page-3/ E World Energy Council (WEC) 2007 COLOGY
. http://www.worldenergy.org/publications/survey_of_energy_resources_2007/625.asp ”
26 Confidential. Not To Be Used Outside the Organization Without Permission.
Transportation Emissions* G GXT
REEN
IS WHERE
≅ 0%
▹ 84%
“E
CONOMICS MEETS
Plastic ECOgrade E
Paper ECOgrade 13 microns 15 microns COLOGY 51 microns 15 microns
* Metric Tons of CO2e / 10 million Bags / 1000 kilometers ”
27 Confidential. Not To Be Used Outside the Organization Without Permission. Water Use* G GXT
40,000 REEN
2,500
35,000 < 3% IS WHERE
30,000 2,000
94% ▹
25,000 “E
1,500 CONOMICS 20,000 37,951
2,195 15,000 2,249 1,000
10,000 MEETS
500 5,000
2,249 E
0 COLOGY 0 Paper Plastic ECOgrade
ECOgrade ”
*kiloliters / 10 million Bags
29 Confidential. Not to be shared outside of the organization. GXT G GXT
Energy Use* REEN
18,000,000
8,000,000 IS
16,000,000 16,800,000 WHERE 15%▹ 7,350,000 14,000,000 6,000,000
12,000,000 6,247,500 “E
63%▹ CONOMICS 10,000,000
4,000,000 8,000,000
6,000,000
6,247,500 MEETS 4,000,000 2,000,000
2,000,000 E
0 0 COLOGY
Paper Plastic
ECOgrade ECOgrade ”
* Megajoules / 10 million Bags
30 Confidential. Not to be shared outside of the organization.
Production Emissions* G GXT REEN
4000
300 IS 3500 17%▹ 3560 292 WHERE
3000 250
94% 243 “E
2500 ▹ 200 CONOMICS 2000 150
1500 100
1000 MEETS 50 500
0 243 0 E
Paper Plastic COLOGY
ECOgrade ECOgrade ” *Metric Tons of CO2e / 10 million Bags
31 Confidential. Not to be shared outside of the organization.