1 of 5 Environmental Response Trusts Created as Part of Global Tronox Bankruptcy Settlement Involving US, Navajo Nation, 22 States and 1,000’s of Properties. Former Tronox site broken out of Massive Multi-state Trust. Georgia EPD and United States are Sole Beneficiaries. Trustee is Wholly-Owned Subsidiary of GETG, a 2 Time National Phoenix Award Winner for Superfund Reuse. Primary Purpose: Own, Manage, Investigate, Clean-up and Catalyze Site Reuse/Economic Development.

1. FORMER TRONOX SITE, SAVANNAH, GEORGIA
Facility Overview
November 1, 2013
Greenfield Environmental Savannah Trust, LLC, Trustee
of the Savannah Environmental Response Trust
Marc Weinreich, Managing Principal
Philip Rowland, Plant Manager
Joseph Blackmon, EHS Manager
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2. SITE HISTORY & CHRONOLOGY
 1880’s--Rice Plantation
 1955--American Cyanamid Corporation
 1985--Kemira Pigments, Inc.
 2000--Kerr-McGee Chemical LLC
 2004--KM Shuts Down Sulfate TiO2 Plant
 2006--Kerr-McGee Spins Off Tronox As Site Owner

270+/- Employees, $25MM annual payroll, largest single
customer of Georgia Power in Savannah
 2009--Tronox Files Bankruptcy

Shuts Down Chloride TiO2 plant, Terminates 240+/- Workers
Feb 2011 – Savannah Trust Takes Ownership
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3. WHAT IS THE SAVANNAH TRUST?
 1 of 5 Environmental Response Trusts Created as Part of
Global Tronox Bankruptcy Settlement Involving US,
Navajo Nation, 22 States and 1,000’s of Properties
 Former Tronox site broken out of Massive MST
 Georgia EPD and United States are Sole Beneficiaries
 Trustee is Wholly-Owned Subsidiary of GETG, a 2 Time
National Phoenix Award Winner for Superfund Reuse
 Primary Purpose: Own, Manage, Investigate, Clean-up
and Catalyze Site Reuse/Economic Development
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4. WHAT IS THE SAVANNAH TRUST? (cont.)
 Secondary Purpose: As Owner/Operator of Sulfuric
Acid Plant, Maintain Jobs & Generate $$ to Offset
Clean-up Costs
 Original Funding Dedicated To Site:
•
•
•
•
•
$2,924,691.00: Environmental Cost Account (ECA)
$4,182,664.00: Administrative Account: (propety taxes, ins., etc.)
1.00% ECA Anadarko Trust Litigation Net Proceeds
0.28521% AA Anadarko Trust Litigation Net Proceeds
Excess Funds Goes to Sister Trusts, Not Available to State
 Role of Beneficiaries
•
•
Approve Trust’s ECA, AA & SAP Budgets
Aids Trust w/Successful Site Management with Bi-Weekly Calls & Meetings, including:
--Providing Technical & Regulatory Oversight for Clean-Up, Compliance & Reuse
--Reviewing/Approving Trust’s Recommendations for Major Site & Trust Activities:
Clean-Up, Facility Operations, Property Sales, Complicated Chemical Plant Issues
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5. TWO MAJOR TRUST CHALLENGES
1.
Manage & Implement the Investigation, CleanUp, & Sale of 1600 Acre Former Kerr-McGee Site
with Limited, Finite Trust Funds.
2.
Seamlessly Assume & Continue to Profitably &
Safely Operate Intrinsically Dangerous Sulfuric
Acid Chemical Business.
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6. FORMER TRONOX PROPERTY
Elba Island
N
South Carolina
Fort Jackson
Property Boundary
Approximately 1 Mile

7. KEY PROPERTY FEATURES
 1,600 acres +/- On Savannah River w/Deep Water Dock
 Decaying Sulfate & Chloride TiO2 Structures
 Operating Sulfuric Acid Plant
 Former Municipal Landfill (Deptford Tract)
 Former City of Savannah Municipal Waste Incinerator
 R & D/Office Facility (60,000 sf )
 Dry Goods Warehouse (50,000 sf )
 Saltmarsh Mitigation Bank(s)
 Residual TiO2 Ore Material
 Natural Gas, Electrical, Water & Rail (CSX, NS & Rail
Link Local) Infrastructure
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8. WHAT YOU WILL SEE ON SITE TOUR
 Operating Acid Plant
Completed Steam Generator Improvement Project
 Sulfur Storage Tank Maintenance & Repair Project

 Major On-Going Environmental Actions:
RCRA Ditch Closure Corrective Action
 Demolition of Decaying TiO2 & Trash Burning Facilities
 Deptford Tract


9. SULFURIC ACID PLANT LOCATION
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10. SULFURIC ACID PLANT
 300,000 Ton/Yr Capacity
 30 Union/Non-Union Employees w/Annual
Payroll of $ 2.6 mm
 Since Trust Took Over (2/2011), Plant Has
Contributed $8.7MM+/- in Profits for Benefit
of Trust/Site/Beneficiaries
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11. TWO MAJOR ACID PLANT PROJECTS
1. 750,000 Gal Sulfur Storage Tank Repair
2. 2,500 kw Steam Turbine Generator Project
 Supplies 85% of Power to Entire Site
 Substantially Reduces Long-Term Operation Costs
 Creates New Value For Site & Plant
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12. STEAM TURBINE GENERATOR—GREEN
TECHNOLOGY
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13. RECENT ADDITIONAL ACID PLANT
PROJECTS
Completed Successful $ 1 mm+ Plant
Turnaround in 2012
Negotiated a ~ $ 1 mm Reduction in Raw
Material Costs for 2014
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14. WASTEWATER DITCH CLOSURE PROJECT
 System of Open Earth
Channels & Culverts
 Used Since 1955 to
Transfer Process
Wastewater from
Manufacturing Facilities
to Settling Ponds
 Largest of 3 RCRA Units
in 2010 US CD
 $1.3MM+/- To Close
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15. SITE DEMOLITION
 To Facilitate Clean-Up/Site Reuse, Trust Began
Demo of Decaying Former Production Facilities
 Rather than a Cost to the Trust, Trust Will Net
$2.5MM+/ Since 2011, Trust has Generated Another $1.5MM
through Sale of Plant Equipment, Parts & Scrap
Metals
 Site Demo To be Completed 12/13
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16. BEFORE
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17. AFTER
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18. SAND SEPARATOR
DEMOLITION

19. DEPTFORD TRACT LOCATION
DEPTFORD TRACT
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20. DEPTFORD TRACT--FORMER CITY LANDFILL
 53 Acre Landfill Operated by Savannah until 1954
 Trust Performed Landfill Closure, Overseen by
EPD, Under a Joint Cost Sharing Agreement
between City & Trust
 Tract Identified as Feasible Location for Renewable
Energy (Solar PV) Project
 Trust Received Extensive FS on Solar PV
Performance/Economics from National Renewable
Energy Laboratory
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21. WHAT YOU WILL SEE IN 1-2 YEARS
Major Site-Wide Environmental Actions:
 Full Site-Wide Investigation of Soil,
Sediments, Surface & Ground Water
 Implementation of Full Site-Wide CleanUp of Soil, Sediments, Surface &
Ground Water
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22. HOW WILL TRUST PERFORM MULTIMILLION $$ EA’S GIVEN LIMITED FUNDS?
 Limited Trust Funds Required Creative Solution
 In Consultation w/EPD & EPA, Trust Developed
Competitive Bidding Process (NOI)
 Trust Issued NOI in 1/13 under which Buyer Pays for &
Performs Site Characterization and Clean-up
 In Exchange, Buyer Gets Site, Site Gets Cleaned-Up &
Reused, & Trust gets Sales Net Proceeds
 Multiple Parties Responded & High Bidder Selected
 Trust Currently Negotiating PSA w/High Bidder
 Excess Funds to Sister Trusts
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23. NOTICE OF INVITATION TO BID
 NOI/PSA Requires Buyer to:
 Submit Investigation Work Plan Acceptable to Trust and
Beneficiaries
 Perform Investigation with Contractor Acceptable to
Trust and Beneficiaries
 Prepare Clean-Up Work Plan & Budget Acceptable to
Trust and Beneficiaries
 Clean-Up Site, Under Trust and Beneficiary Oversight
 Buyer Receives Brownfields Liability Relief
 Trust Retains Groundwater Responsibility
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24. SITE TOUR MAPS (1 of 2)
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25. SITE TOUR MAPS (2 of 2)
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26. FORMER TRONOX SITE, SAVANNAH, GEORGIA
Facility Overview
November 1, 2013
Greenfield Environmental Savannah Trust, LLC, Trustee
of the Savannah Environmental Response Trust
Marc Weinreich, Managing Principal
Philip Rowland, Plant Manager
Joseph Blackmon, EHS Manager
26