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Denver World Oil Forum November 10, 2005. Biodiesel. A cleaner-burning, renewable, and domestically produced diesel fuel. Biodiesel can be made from various oils: canola, mustard, soybean, corn, and even waste grease Biodiesel is primarily sold as B20
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Biodiesel A cleaner-burning, renewable, and domestically produced diesel fuel • Biodiesel can be made from various oils: canola, mustard, soybean, corn, and even waste grease • Biodiesel is primarily sold as B20 • U.S. Congress designated B20 as an approved alternative fuel in 1998 • KNOW YOUR SOURCE • 2012 = .003% of U.S. Petroleum Bbls • 24 Million bbls/yr. U.S. biodiesel production
Blue Sun Mission • Highest Performance Fuel • Cleaner & Healthier Air • Rural Economic Development • Energy Independence
Vertically Integrated Model Feedstock Processing Marketing
Oilseed Meal Farming Energy Crop R&D Crushing Crop Oil Biodiesel Biodiesel Production Market Glycerin From the Farmer… to the Fuel Tank
Blue Sun Genetics The development of a more productive oilseed is a key strategic objective Higher quality Lower cost • Lower input costs • Requires less water • Lower land costs • Higher oil content • Higher lubricity • Higher cetane • Better cold flow properties • Better oxidative stability Results in a sustainable competitive advantage
Blue Sun B20A Better Fuel vs. Diesel Benefits Features • Higher cetane • Greater lubricity • Superior detergency • Higher flash point • More mileage • Greater horsepower • Less smoke • Smoother running engines • Quicker starts • Longer engine life • Reduced maintenance
Blue Sun AdvantagesCleaner Emissions vs. Diesel Emission Type B100B20Blue Sun B20 Carbon Monoxide - 43.2% - 12.6% - 32% Hydrocarbons - 56.3% - 11% - 40% Particulates - 55.4% - 18 % - 24% Nitrogen Oxides + 5.8% +1.2 % - 4% Carcinogens - 60% - 90% - 12% - 20% Mutagens - 80% - 90% - 20% Carbon Dioxide * - 78.3% - 15.7% * Life cycle emissions of CO2 Source: National Renewable Energy Laboratory (NREL) Golden, Colorado