Investment Highlights

Unique Dual Climate Impact

  • Simultaneously reduces CO₂ emissions and contrail formation
  • ~50-70% reduction in soot particle number and mass
  • No increase in NOx emissions (unlike other solutions)
dLCAF™ addresses both long-term CO₂ and short-term contrail warming

Lab-Proven Technology

  • Technology validated at lab scale and engine tests
  • Meets ASTM D1655 and DEF STAN 91-091 specifications
  • ~10% lifecycle greenhouse gas reduction
Technology risk retired with demonstrated performance

Strong Policy Tailwinds

  • UK SAF mandate requiring 10% sustainable jet by 2030
  • EU ReFuelEU Aviation regulation with 6% SAF by 2030
  • ICAO CORSIA scheme recognizes LCAF as eligible measures
Regulatory drivers ensure demand and political support

Strategic Asset Opportunity

  • Acquiring Lindsey refinery at distress price
  • Fast-track to industrial scale with lower capex
  • Securing ~400 skilled jobs at a closing refinery
Unique opportunity to acquire and repurpose soon-to-be-mothballed infrastructure

Cost & Market Advantage

  • dLCAF ~10-15% costlier than regular jet
  • versus SAF which is ~200-300% costlier
  • Fill a bridge fuel niche with no direct competitors
Airlines can afford to use this now to meet climate targets

Scalable Impact

  • One converted refinery = ~10% of UK jet fuel
  • Multi-Mt CO₂ saved, contrails halved on those flights
  • Replicable globally with strong first-mover advantage
Potential to become a leader in transitional green fuels

dLCAF™ offers a timely, scalable solution for aviation decarbonisation, delivering immediate climate benefits at lower cost than first-generation Sustainable Aviation Fuels

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