Phytonix Corporation

Sustainable Chemistry Powered by the Sun™ Phytonix Corporation is an award-winning industrial biotechnology company headquartered in North Carolina, with development laboratories in Sweden, Colorado, Nova Scotia and Vancouver, Canada. The Company is commercializing a globally patented carbon dioxide utilization (CDU) process that leverages photosynthesis to eliminate and directly convert CO2 emissions from industrial sources into biobased chemicals and fuels. Our initial product is n-butanol, which currently sells at a wholesale price of approximately $9.00 /gallon in the industrial chemical market. We also can produce isobutanol and are developing 1-octonol production capability. Phytonix management estimates that its process will enable it to produce n-butanol for about $2.50/gallon - about 50% of the cost of the incumbent producers fossil-based production which uses propylene, a petroleum derivative, as feedstock. This will make Phytonix the world's low-cost producer of butanol. The world industrial chemical market for butanol is about $11 billion per year, of which about $2.4 billion per year is sold in the United States. The Company's carbon-negative butanol production process replaces an existing fossil-based, carbon-intensive process currently employed by some of the world’s largest chemical companies. For every 138 gallons of n-butanol produced, the Phytonix process eliminates one tonne of CO2 feedstock via conversion, creating oxygen as the byproduct. Phytonix's solar chemical plants will be co-located at industrial facilities emitting large amounts of carbon dioxide. These include industrial manufacturing plants, desalinization installations, power generation facilities, chemical production facilities, natural gas compression stations, combined heat and power generation facilities, oil refineries, steel and aluminum refineries, cement plants, industrial chemical fermentation facilities and breweries.