To: Superhawk who wrote (1757 ) 3/8/1998 5:58:00 PM From: ForYourEyesOnly Read Replies (1) | Respond to of 14347
**OT** ENBC Thanks for the response. In terms of alliances though, ENBC already has the pins lined up. They already have TX and others on board! STRATEGIC ALLIANCES Energy BioSystems has entered into alliances with potential customers and suppliers in support of its biocatalytic desulfurization (BDS) development and commercialization activities. These alliances give the Company an opportunity to build upon established expertise and resources in areas critical to its success. The Company expects that these strategic alliance relationships with potential customers will enhance its ability to sell BDS units. Alliances with recognized industry suppliers are expected to facilitate commercialization of the BDS technology. STRATEGIC ALLIANCES - CUSTOMERS: TOTAL RAFFINAGE DISTRIBUTION, S.A. (Contract: July 1994) Total is a leading international oil and gas company based in France with upstream and downstream operations in 80 countries and more than 900,000 barrels per day of refining capacity. Alliance Goal: * Develop first commercial BDS unit for diesel fuel * Provide entry into the European desulfurization market Terms: * Total: Provides target diesel stream, builds and operates a pilot plant and commercial unit located in France at its own expense, based upon success of St. Louis pilot plant results; contributes resources to BDS development program * Energy BioSystems: Develops biocatalyst and processing system for specific Total application, focuses on Total diesel for primary development program, provides preferential terms to Total on initial commercial sales TEXACO EXPLORATION AND PRODUCTION TECHNOLOGY DEVELOPMENT (Contract: July 1993) Texaco Exploration and Production Technology Development is a group within Texaco Inc., one of the largest integrated oil companies in the world. Texaco has proven reserves of more than 2 billion barrels, including large reserves of high-sulfur crude. Alliance Goal: * Develop BDS process for crude oil * Provide additional petroleum engineering and analytical resources to the development effort Terms: * Texaco: Chooses target crude oil, contributes crude oil expertise, field operations and analytical chemistry support * Energy BioSystems: Performance improvement of the biocatalyst for Texaco's specific crude oil * Joint: Process engineering KOCH REFINING COMPANY (Contract: December 1993) A subsidiary of Koch Industries, the second largest privately held corporation in the United States, Koch Refining Company is involved in virtually all phases of the oil and gas industry, as well as in chemicals, chemical technology products, hard minerals, real estate, and financial investments. Alliance Goal: * Develop a BDS process for gasoline stream application * Provide additional refinery engineering and operations resources to the development effort Terms: * Koch: Chooses target gasoline stream, contributes refined product expertise, refinery operations support and product quality testing * Energy BioSystems: Performance improvement of the biocatalyst and processing system for Koch's specific refinery stream application STRATEGIC ALLIANCES - SUPPLIERS: The M.W. Kellogg Company (Contract: September 1994) M.W. Kellogg is an ISO 9001-certified, international technology-based engineering and construction contractor, serving primarily the hydrocarbon, chemical and energy related industries. M.W. Kellogg is a wholly owned subsidiary of Dresser Industries, Inc., a major supplier of highly engineered products and services primarily used in hydrocarbon and energy-related activities throughout the world. Alliance Goal: * Provide recognized basic engineering expertise on BDS units worldwide * Accelerate BDS commercialization through M.W. Kellogg's experience in pilot plant scale up and process design Terms: * M.W. Kellogg: Serves as an engineering partner to Energy BioSystems during completion of BDS development and exclusive provider of basic engineering packages for commercial units * Energy BioSystems and M.W. Kellogg share in the proceeds of site licenses Petrolite Corporation (Contract: March 1992) Petrolite Corporation is a refinery services company that has participated as an integral part of worldwide refining and oil production industries for more than 80 years, serving customers in every major refining and production region. Petrolite's research and development capabilities include process engineering, emulsification, and separations and analytical chemistry. Alliance Goal: * Provide substantial development resources-research funding, separations technology * Build and operate a BDS pilot plant-Petrolite facility * Provide field service to maintain units and assure customer satisfaction Terms: * Petrolite provides $5.4 million in development funding and an additional $1.5 million for construction of BDS Pilot Plant * Petrolite guarantees to service BDS units * Petrolite participates in the profitability of BDS sales