IH2* Technology Licensed to Biozin Holding AS

Producing liquid transportation fuels from woody biomass

HOUSTON–(BUSINESS WIRE)–CRI/Criterion Catalyst Company LTD (CRIUK), a global catalyst technology
company wholly owned by Royal Dutch Shell, has awarded an FEL-2 license
agreement for the IH2*technology which converts biomass to
liquid transportation fuels, to Biozin Holding AS (BZH).

Norwegian saw mill company Bergene Holm AS and the Swedish oil company
Preem AB have entered into a cooperation, with the intention to realize
full scale biofuel production sites in Norway through Biozin Holding AS.
The production facility is intended to be located adjacent to the
Bergene Holm AS saw mill in Åmli in southern Norway.

The Front End Loading (FEL-2) package will be completed for the core IH2*technology
by global engineering and construction specialists KBR, Inc. (KBR). KBR
is CRI’s preferred FEED engineering services provider for commercial
scale IH2*facilities. KBR’s six years of experience with IH2*
plant design will help de-risk the commercial scale design.

The IH2*technology is an efficient cost-effective route to
convert woody biomass and forest residues feedstock into renewable, low
carbon, clean burning hydrocarbon transportation fuels. The process was
invented by Gas Technology Institute (GTI) of Des Plaines, IL and scaled
up by CRI Catalyst Company of Houston, Texas which holds exclusive
worldwide licensing rights.

The client intends to utilize mill residues from Åmli and forestry
residues from the region. The product will be refined by one of Preem’s
refineries in Sweden. IH2* hydrocarbons produced from woody
biomass meet American Society for Testing and Materials (ASTM)
specifications for their respective fuels, positioned for the US market
as an E10 gasoline fully renewable product, or as a 100% renewable
diesel. Third party testing of the IH2* woody biomass derived
neat (R100) kerosene cut, for global jet specifications Jet A-1/JP8,
indicates that the material meets these specifications for the
properties tested to date. Ongoing research suggests minor adjustments
of the technology will be able to provide drop in hydrocarbon fuels
which meet European Standard (EN) specifications for drop in renewable
petrol and diesel hydrocarbons from the Biozin intended feed slate.

*IH2 is a trademark of Gas Technology Institute.

About CRI/Criterion Catalyst Company UK Ltd

CRI/Criterion Catalyst Company UK Ltd is an affiliate of CRI Catalyst
Company, the global catalyst technology company of the Shell Group.
Collectively CRI operates research laboratories, development facilities,
manufacturing plants and business units throughout the world. It is
dedicated to providing a broad customer base with effective and
cost-efficient catalysts and technologies. CRI has a range of products
with specific focus on environmental applications, hydrogen separation
and recovery, selective oxidation and hydrogenation and the production
of renewable fuels. Website: www.cricatalyst.com

About Gas Technology Institute (GTI)

GTI is a leading research, development and training organization that
has been addressing the nation’s energy and environmental challenges by
developing technology-based solutions for consumers, industry, and
government for more than 70 years. Website: www.gastechnology.org

About KBR, Inc.

KBR, Inc. is a global technology, engineering, procurement and
construction company serving the hydrocarbons and government services
industries. With operations in 40 countries, KBR has more than 25,000
people delivering services to customers in over 70 countries
representing an unmatched reservoir of talent and experience in a wide
range of markets. Website: www.kbr.com

About Biozin Holding AS (BZH)

BZH is a Norwegian company owned by Bergene Holm AS. BZH has been formed
to produce renewable fuels from Norwegian mill and forestry residues.
Website: www.biozin.no

Contacts

Media
Lisa M. Martin
(713) 552-1055, office
(210)
381-2206, cell
[email protected]