Company Overview

Who They Are

Nacero is an energy company for the new natural gas paradigm. The natural gas revolution has made it possible to cost-competitively make cleaner gasoline without governmental subsidy. Gasoline made from natural gas is compliant with Tier 3 fuel and vehicle standards required by the Environmental Protection Agency (EPA) and can be sold at existing service stations at no additional cost to the consumer.

Nacero is in the business of making gasoline from natural gas and they are proud to be at the forefront of this new approach to an old industry. Their planned facilities will install multiple trains of processing units with each train converting approximately 150 dekatherms of natural gas into nominally 15,000 barrels per day of finished gasoline component. This approach:

Optimizes construction and operating costs
Facilitates efficient project financing
Enables their "design once, build multiple" strategy
Allows participation in wholesale natural gas and gasoline markets

Deeper Dive

Nacero is a profitable solution to improve the environmental footprint of gasoline vehicles.

Their business is to manufacture and sell lower-carbon footprint gasoline made from domestic natural gas
Exclusive Lower 48 license on commercialized, large-scale Haldor Topsoe TIGASTM technology
Initial focus on Western (Permian / San Juan / Rockies) and Northeast (Marcellus) markets
Up to 50% lower carbon emissions and 100% lower sulfur content vs. traditional crude refining
Mandate and goal to be Environmental, Social, and Corporate Governance (ESG) leader with major carbon and tailpipe emission savings

Nacero's Strategy

Near-term Game Plan:

Build, own, and operate three large-scale facility sites with >275,000 bpd aggregate capacity

Long-term Strategy:

Roll-out clean gasoline brand to capture wider margins, expand multiples, and reduce volatility

Core Value Proposition:

>50% production cost advantage vs. refining due to low-cost feedstock and high-value sites

Customer Feedback

Key takeaways from 2020 gasoline survey conducted by Boston Consulting Group across 12 primary US markets:

95% of customers said they would buy Nacero's products today as is or with minimal education
52% of customers expected that this cleaner gasoline would come from a new brand entrant

Environmental, Social, & Corporate Governance (ESG) Leadership

Nacero's products will avoid an estimated 20 million tCO2 per year vs. copmarable refinery:

50% lower carbon footprint
60% production cost average
100% sulfur content
$0 additional cost to drivers