CARBOTURA
CARBOTURA · ADVANCED CIRCULAR MANUFACTURING · B2G ENGAGEMENT

City of Seville

Ayuntamiento de Sevilla · Andalusia, Spain · April 2026

Converting ~487 TPD of manufacturing feedstock into a 30-year Circular Royalty™ stream — one CSA structure, zero City capital, no technology risk, EU 2035 compliance secured.

400 TPD Phase Initial $120/ton Beneficiation Fee $21M/yr Royalty Year 2 IFRS · BOO · 30yr CSA EN / ES Bilingual

Engagement Path — Follow the NumbersRuta del Acuerdo — Siga los Números

1 LOI / MOULOI / MOU engagement beginsinicio del acuerdo A non-binding Letter of Intent / Memorandum of Understanding. It opens the engagement, establishes the joint working group and data exchange, and carries no cost and no obligation for the community. Steps 1–5 are paper — typically 3–18 months in total.Carta de Intención / Memorando de Entendimiento no vinculante. Abre la colaboración y el intercambio de datos, sin costo y sin obligación para la comunidad. Los pasos 1–5 son documentales — típicamente 3–18 meses en total.
2 Term SheetTerm Sheet verification & termsverificación y términos The verification phase. Feedstock streams, volumes, and the community’s disposal-cost basis (FWDC) are confirmed, the site is selected, and the per-tonne commercial terms are agreed before anything is signed long-term.La fase de verificación: se confirman los flujos y volúmenes de materia prima, el costo de disposición actual (FWDC), el sitio, y los términos comerciales por tonelada, antes de cualquier firma de largo plazo.
3 CSACSA execution = T0firma = T0 The Circular Supply Agreement — a minimum 30-year supply contract with perpetual continuation. Execution starts the project clock (T0). It locks the Beneficiation Fee, the Circular Royalty™, the feedstock commitment, and site access.El Acuerdo de Suministro Circular — contrato mínimo de 30 años con continuación perpetua. La firma inicia el reloj del proyecto (T0) y fija la Tarifa de Beneficiación, el Canon Circular™ y el compromiso de materia prima.
4 UnderwritingSuscripción Carbotura-financedfinanciado por Carbotura Carbotura arranges 100% of the facility financing under its Build-Own-Operate model. The community contributes zero capital and takes no construction or financing risk; an 18-month Parent Performance Guarantee backs all payment obligations.Carbotura organiza el 100% del financiamiento bajo su modelo BOO (construir-poseer-operar). Cero capital comunitario y ningún riesgo de construcción o financiamiento; una Garantía Matriz de 18 meses respalda todas las obligaciones de pago.
5 PermittingPermisos manufacturing basisbase de manufactura The facility is permitted as manufacturing (NAICS 31–33), never as waste processing. Both parties commit to the Regulatory Predicate Transition — the endpoint is categorical: manufacturing classification across all permitting, licensing and regulatory contexts.La instalación se permite como manufactura, nunca como procesamiento de residuos. Ambas partes se comprometen con la Transición del Predicado Regulatorio — el objetivo es categórico: clasificación de manufactura en todos los contextos regulatorios.
6 DeploymentDespliegue build · 12–18 monthsconstrucción · 12–18 meses The facility is manufactured and deployed in standardized 100 TPD modular increments rather than built as one-off construction — a 12–18 month build from CSA execution to commissioning.La instalación se fabrica y despliega en incrementos modulares estandarizados de 100 TPD — una construcción de 12–18 meses desde la firma del CSA hasta la puesta en marcha.
7 COD & RoyaltiesCOD y Canon royalty +13mo after first feecanon +13m tras la primera Tarifa Commercial Operations Date: the facility begins accepting feedstock. The Beneficiation Fee applies to delivered tonnage, and the first Circular Royalty™ payment follows 13 months after the first fee payment, then monthly, escalating every year.Fecha de Operación Comercial: la instalación comienza a recibir materia prima. La Tarifa aplica al tonelaje entregado y el primer Canon Circular™ se paga 13 meses después del primer pago de la Tarifa, luego mensualmente, con escalación anual.

Download the Engagement Path one-pager (PDF)Descargue la Ruta del Acuerdo en una página (PDF)

City of Seville · Advanced Circular Manufacturing — Community Overview
PHASE INITIAL
400
TPD · 4 modules
TMC FEE
$120
per ton · Year 1
ROYALTY YEAR 2
$21M
annual · $144/ton
FIRST ROYALTY
+13 mo
after first fee payment
EU DEADLINE
2035
EU Dir. 2018/850
DOCUMENT HUB
Engagement Package
BRIEF ⚡
Decision Brief
One-page decision instrument for elected officials and municipal finance · fiscal period timeline · call to action · what delay costs
Open document →
WASTE STUDY 📋
Manufacturing Feedstock Study
~487 TPD urban mine characterisation · UNFC classification · operator verification · cost structure · regulatory baseline · infrastructure map
Open document →
PROPOSAL 📄
Advanced Circular Manufacturing Proposal
30-year BOO structure · RPT §1.0 · Beneficiation Fee $120/ton · Circular Royalty™ framework · site candidate analysis · fiscal projections · risk register
Open document →
EIR 📊
Economic Impact Report
State A / State B delta model · 30-year gross fiscal chart · risk register (10 risks) · decision window analysis · sensitivity scenarios
Open document →
COMMUNITY BENEFITS 🌿
Community Benefits
92 direct jobs · ~$32M/yr regional impact · ~160,000 tCO₂e/yr diverted · ~480,000 m³/yr water recovery · EU 2035 compliance pathway
Open document →
ADOPTION 🔄
How ACM Adoption Works
The Carbotura adoption pathway — from Term Sheet phase verification through CSA execution to first Circular Royalty™ payment. Visual guide to the full engagement process.
View infographic ↗
FISCAL POSITION — PHASE INITIAL · 400 TPD · 146,000 TPY · ESTIMATED
State A vs. State B
STATE A — CURRENT DISPOSAL SYSTEM
Annual disposal cost · no cash return
Avoided disposal (Year 1 equiv.) $0
FWDC (~$130/ton) −$19.0M
Circular Royalty™ $0
STATE B — ACM · YEAR 2+ STEADY STATE
From Q3 2029 · first royalty received
Avoided disposal cost +$19.5M
Beneficiation Fee paid −$18.0M
Circular Royalty™ received +$21.0M
DEPLOYMENT TIMELINE · CARBOTURA STANDARD SCHEDULE
T0 = Q2 2026
Q2 2026
T0 — MOU/NDA
Q3 2026
Term Sheet phase verification
Q4 2026
CSA Executed
Q2 2028
Phase Initial COD
400 TPD
Q3 2029
First Royalty
+$21M/yr
Q4 2030
Phase Medium
1,000 TPD
2031+
Phase Expanded
2,000 TPD
All financial projections are estimated planning-basis figures confirmed during Term Sheet phase verification. FWDC, feedstock volumes, employment, and deployment timing are ESTIMATED. Beneficiation Fee $120/ton and Phase Initial 400 TPD are user-specified planning parameters. The Regulatory Predicate Transition (RPT) applies — Carbotura will not execute agreements if the ACM facility is classified under solid waste NAICS codes (562213/562219). This document does not constitute financial, legal, or regulatory advice. © 2026 Carbotura, Inc. For authorised recipients only.
Package Hub

What this document isQué es este documento

The entry point for Carbotura’s Circular Advantage engagement with Seville.El punto de entrada a los documentos del programa.

Three things this document saysTres cosas que dice este documento
  1. Seville is at a decision point: the EU 2035 landfill mandate is a structural procurement deadline, not a target.Sevilla: el mandato europeo de vertido de 2035 es un plazo estructural de contratación, no un objetivo.
  2. Advanced Circular Manufacturing converts the residual stream into products under one agreement, with no counterparty capital committed.La Manufactura Circular Avanzada convierte el flujo residual en productos bajo un solo acuerdo, sin capital de la contraparte.
  3. The Beneficiation Fee and the Circular Royalty™ are independent transactions, reported separately and never netted against each other.La Tarifa de Beneficiación y el Canon Circular son transacciones independientes: se presentan por separado y nunca se compensan entre sí.
Looking for something else?¿Busca otra cosa?
Programme Overview · General Audience

What Adopting Carbotura Changes →↗

Programme-level explainer: the CSA structure and the Exogenesis™ add-on, fiscal timeline, State A vs State B delta, and the Regulatory Predicate Transition — the dewaste pathway off waste-domain law onto manufacturing law. Applies to every community.

Learn about the programme →↗