DuPont Biofuels. Technology that Fuels. Russ Sanders Marketing Director Pioneer Hi-Bred. Citigroup October 2, 2007
|
|
- Aileen York
- 6 years ago
- Views:
Transcription
1 DuPont Biofuels Russ Sanders Marketing Director Pioneer Hi-Bred Technology that Fuels Citigroup October 2, 2007
2 Regulation G The attached charts include company information that does not conform to generally accepted accounting principles (GAAP). Management believes that an analysis of this data is meaningful to investors because it provides insight with respect to ongoing operating results of the company and allows investors to better evaluate the financial results of the company. These measures should not be viewed as an alternative to GAAP measures of performance. Furthermore, these measures may not be consistent with similar measures provided by other companies. 2 This data should be read in conjunction with previously published company reports on forms 10-K, 10-Q and 8-K. These reports along with reconciliations of non-gaap measures to GAAP are available on the Investor Center of Forward-Looking Statement During the course of this presentation, I would like to remind you that we may make forward- looking statements. All statements that address expectations or projections about the future are forward-looking statements. Some of these statements include words such as expects, anticipates, plans, intends, projects and indicates. Although they reflect our current expectations, these statements are not guarantees of future performance, but involve a number of risks, uncertainties, and assumptions. We urge you to review DuPont's SEC filings, particularly its latest annual report on Form 10- K and quarterly reports on Form 10-Q, for a discussion of some of the factors which could cause actual results to differ materially.
3 DuPont Integrated Biofuels Strategy 3 Seed & Crop Protection Solutions Ag Inputs Seed & Crop Protection Biobutanol, advanced biofuels Advanced Fuels Butanol Cellulosic Fuels Biofuels From Biomass Pioneer: Increase Biofuels Yield Per Acre
4 Biofuel Demand Market Opportunity Biofuels Growth Estimates by Region 4 North America Biofuels > 30 B gals Current Production > 6.5 B gals EU & Eurasia Biofuels - 20 B gals Current Production > 1.3 B gals +100 billion gallon market by 2020? Asia Pacific Biofuels - 30 B gals South & Central America Biofuels - 15 B gals Currently > 1.7 B gals Current Production > 5.0 B gals An industry driven by regional feedstock production, market conditions and government policy Source: Dept of Energy and DuPont estimates
5 US Ethanol: On Track to Double Again billion gallons of gasoline used in the U.S. Ethanol Growth: 6.7 billion gallons in production 6.7 billion under construction Most new ethanol plants consume 250,000 acres of corn each.$12-15 Million in corn seed sales Ethanol is driving major change in corn value chain relationships
6 6 The Most Critical Moving Parts Oil and Gasoline Prices Government Policy Fuel vs Feed Grain Storage and Transportation Environmental Issues with More Intensive Pproduction Cellulosics: Viability and Timeline The Blend Wall North America Perspectives: 14 billion gallons at 100% E10 penetration Rail off-loading infrastructure issues 250 Million passenger vehicles in the US ~17MM vehicles sold per year 6 million Flex Fuel Vehicles on the road 1300 E 85 stations out of 170,000
7 Ethanol Plant Net Returns Over Operating Costs (07/08) Corn Price (Dollars per Bushel) Ethanol Price (Dollars per Gallon) Source: Pioneer Global Marketing 7 More challenging plant economics will drive consolidation, and more intense, margin driven operating strategies
8 8 Ethanol Grain Origination Shadows (Iowa-2009) Pioneer Advantages Connection with specific growers Known placement of Pioneer Brand HTF hybrids Grain quality / crop condition information The emergence of corn micro markets Source: Pro Exporter Network
9 Biofuels and Acre Productivity 9 North America 1 acre of corn grain (160 bu) = 1 acre of corn stover (50%)= 439 gallons of ethanol 146 gallons of ethanol South America 1 acre of soybeans (43 bu) = 1 acre of sugar cane = 60 gallons of biodiesel 600 gallons of ethanol Europe 1 acre of switch grass (5 tons)= 375 gallons of ethanol 1 acre of sunflower (1200#) = 82 gallons of biodiesel 1 acre of canola (1557#) = 77 gallons of biodiesel Asia 1 acre of jatropha trees (2200#) = 250 gallons of biodiesel 1 acre of oil palm trees (4400#) = 587 gallons of biodiesel
10 Pioneer and the Ethanol Value Chain 10 Seed technology, support Pioneer Farmer Processor Seed technology, support Crop productivity services Grower relationship linkage Grain processing optimization Increased feedstock availability New DuPont technologies Pioneer is enhancing its seed product strategy with expanded supply chain relationships
11 11 Pioneer HTF Hybrids with Higher Ethanol Yield Herculex I for Less Grain Damage and Better Grain Quality Near infrared ethanol yield prediction Pioneer brand hybrids have about 7% variation in ethanol yield Identified 182 HTF ethanol hybrids for 2008 Most are leader products with the traits growers want Herculex I can help reduce the presence of mycotoxins, improving DDG feed quality 12% 10% 8% 6% 4% Ethanol Yield Potential Comp. Trait Pioneer IndustrySelect Ethanol Hybrids Fall within this Range Grain quality will become as important as grain volume 2% 0% Herculex Insect Protection technology by Dow AgroSciences and Pioneer Hi-Bred Herculex and the HX logo are registered trademarks of Dow AgroSciences LLC
12 Pioneer s Pipeline of Grain Traits For Fuel and Feed Markets 12 Increased functionality through optimization of genetic variation Increased total starch Improved fermentation properties Higher oil Additional starch Additional oil Improved oil Improved digestibility Further increases in starch and oil Improved oil Digestibility Improved protein quality Today 2016 Increase ethanol yield Increase feed energy value Maximize DDG co-product protein quality Reduce unwanted or low-value kernel components Accommodate new processing technologies such as fractionation High Grain Yields, Strong Agronomics and Input Traits are Key
13 13 Other Pioneer Strategies in the Biofuels Value Chain Corn-After-Corn Crop Management Expertise Hybrid development and selection Tillage, pest management practices Grain Quality, Storage Consultation Management practices Grower training Grain Quality Data Feedback System Near infrared ethanol yield prediction Hybrid selection data for farmers, plant optimization data for processors Farming practices, grain handling infrastructure, and grain information systems are being impacted NIR Grain Assay
14 14 Modifying Fermentation Microbe Software to Produce Biomaterials and Improved Biofuels Genome Metabolic Engineering DuPont is a Technology leader Cell Factory Engineering the cell to economically produce high value products with fermentation Genetic enhancement technologies will extend beyond the field crop to the fermentation process Cell modified to increase PDO production 500X
15 Development of an Advanced Biofuel BioButanol: a 4 carbon alcohol molecule made from corn in existing ethanol facilities Ethanol Processing 15 Ethanol Limited blend flexibility Vehicle modification issues High vapor pressure Water absorption tendencies Pipeline transport issues Biobutanol High flexibility No modification needed Comparable to gasoline No Water absorption issues Pipeline transport possible Gasoline Refining Pipeline Transport Terminal Reduced fuel mileage - 77,000 BTUs/gallon Comparable to gasoline - 110,000 BTUs/gallon Biobutanol will enable growth in biofuels Retail Marketing
16 16 Ethanol Feedstock Source Scenario A Scenario for Growth of Biofuel to Supply 30% of 2004 U.S. Gasoline Demand by Billion Gallons/Year January 2007 State of the Union Goal Cellulose ethanol Grain-based ethanol Grain Ethanol Grain feedstocks provide the foundation, cellulose drives long-term growth
17 17 U.S. Department of Energy View of Biomass Availability Cellulose sources: Crop residues, methane emissions (manure landfills, wastewater treatment facilities), forest residues, mill residues, urban wood waste, and dedicated energy crops. U.S. could produce nearly 1 billion dry tons from agricultural lands and still meet food, feed and export demands Forest lands could produce another 368 million tons each year U.S. could support a large-scale, cellulosic industry capable of replacing up to 1/3 of U.S. petroleum consumption (70 billion gallons) Corn Belt crop residues represent the highest volume source of cellulosic feedstocks
18 DuPont Working Across the Cellulosic Ethanol Supply Chain Downstream Markets 18 Fermentation Production & Separation Conversion Pretreatment Enzyme Saccharification Handling, Storage, Drying & Transport Feedstock Production Feedstock Harvest U.S. Government National Energy Agenda Incentives & Funding Pioneer is evaluating corn hybrids for possible differences in cellulosic ethanol yield
19 Meeting the Production Challenge of Corn Cellulosics 19 A 200 bushel / acre crop produces about 4.8 tons of dry matter 50% removal produces about 180 gallons per acre Cobs are the initial feedstock target for DuPont ICBR technology 2X the bulk density of stover Percent Dry Matter Grain Stalk Leaves Husks Cob Other Source: University of Kentucky Important Issues Harvest technology Storage options Soil / crop management Pioneer s farmer relationships and knowledge of production agriculture are key leverage points
20 20 Corn: Bright Future as a Biofuels Feedstock Long-Term Goal: 1,000 Gallons Per Acre of Corn More efficient conversion technologies Higher crop yields per acre More diverse feedstocks beyond grain Ethanol Productivity Endosperm Pericarp 500 gallon/acre (2010) 18 gallon/acre (2010) Gallons / Acre Stover 100 gallon/acre (2010) Endosperm Grain Fiber Stover Corn will be competitive with other feedstocks
GLOBAL AUTOMOTIVE SEMINAR. Potential and Challenges of Biofuels for Sustainable Mobility Over the Next 30 Years
GLOBAL AUTOMOTIVE SEMINAR 16 NOVEMBER 2007 SHANGHAI AUTOMOBILE EXHIBITION CENTRE ANTING Potential and Challenges of Biofuels for Sustainable Mobility Over the Next 30 Years Simon Wardell Director, Global
More informationBrassica carinata Development Committee Markets and Utilization Value Chain
Brassica carinata Development Committee Markets and Utilization Value Chain Brassica carinata: an Industrial Oilseed Agrisoma is commercializing Brassica carinata under the brand name Resonance to meet
More informationBiofuel Supply Chain Challenges and Analysis
Biofuel Supply Chain Challenges and Analysis Sooduck Chung Michael Farrey 1 Objectives of Research Identify current biofuel supply chain challenges. Ethanol can only be sustainable if it is cost competitive
More informationWe re Going Global ETHANOL
Technical Notes #38 We re Going Global ETHANOL What is Ethanol? Ethanol is clean-burning, high-octane alcohol-based fuel made by fermenting and distilling starch crops, such as corn or sugar cane. It can
More informationEnergy Independence. tcbiomass 2013 The Path to Commercialization of Drop-in Cellulosic Transportation Fuels. Rural America Revitalization
Energy Independence The Path to Commercialization of Drop-in Cellulosic Transportation Fuels Rural America Revitalization Forward Looking Statements These slides and the accompanying oral presentation
More informationCanadian Renewable Fuels Association
Canadian Renewable Fuels Association S.THURLOW@GREENFUELS.ORG 350 Sparks Street, Suite 605, Ottawa, Ontario K1R 7S8 Office: (613) 594-5528 Fax: (613) 594-3076 Current CRFA Members The Canadian Renewable
More informationUSDA Projections of Bioenergy-Related Corn and Soyoil Use for
USDA Projections of Bioenergy-Related Corn and Soyoil Use for 2010-2019 Daniel M. O Brien, Extension Agricultural Economist K-State Research and Extension The United States Department of Agriculture released
More informationNew Holland s Biodiesel Experience
New Holland s Biodiesel Experience The Strategic Importance of Biofuels Paul Trella, Director of Product Marketing, Tractors National Biodiesel Conference & EXPO February 2008 Topics = New Holland position
More informationSoutheast Biomass: Highest and Best Use
Southeast Biomass: Highest and Best Use Non-food Biofuels from Sustainable Forest Resources Georgia Tech Clean Energy Speaker Series February 24, 2010 Mike Burnside President and CEO Who is Catchlight
More informationImplications for Automotive, Agriculture, and Energy. Summary Presentation
Implications for Automotive, Agriculture, and Energy Summary Presentation The Biofuels Boom Copyright 2007 Global Insight, Inc. 2 Three Major Policy Drivers ARE THEY COMPATIBLE? Energy Energy security
More informationBuilding a Regional Bioeconomy Seminar. Sustainable Biojet / Green Diesel Solutions. Mike Cey (P.Ag. EMBA) Ag-West Bio Inc. Saskatoon, SK.
Building a Regional Bioeconomy Seminar Sustainable Biojet / Green Diesel Solutions Mike Cey (P.Ag. EMBA) Ag-West Bio Inc. Saskatoon, SK. Agrisoma: Building a Sustainable Biomass Value Chain Agrisoma is
More informationThank you, Chairman Shimkus and Ranking Member Tonko. I appreciate the opportunity to
Thank you, Chairman Shimkus and Ranking Member Tonko. I appreciate the opportunity to testify today on behalf of the National Corn Growers Association (NCGA). NCGA represents nearly 40,000 dues-paying
More informationFeedstock supply and economics for commercial scale facilities
Feedstock supply and economics for commercial scale facilities Julia Allen Analyst Prepared for: BIO Pacific Rim 8 Dec 2014 About Lux Research Helps clients find new business opportunities from emerging
More informationBiofuels: Considerations and Potential
Biofuels: Considerations and Potential Clarks on Univ ersi ty 5 Sep tember 2007 Len a Han se n Rocky Mou ntain Ins titu te Understanding the Goal President Bush s goal Produce 35 billion gallons of alternative
More informationFOOD, FUEL AND FORESTS BIOFUEL TRENDS IN LATIN AMERICA
FOOD, FUEL AND FORESTS IPC - ALARN SEMINAR ON CLIMATE CHANGE, AGRICULTURE AND TRADE BIOFUEL TRENDS IN LATIN AMERICA Regúnaga ; Nogueira - Moreira; Foster - Valdéz BOGOR, May 2008 STRATEGIES: MAIN DRIVERS
More informationCOMPANY OF THE YEAR. Sustainable Energy Founded in Agriculture
COMPANY OF THE YEAR Sustainable Energy Founded in Agriculture Agrisoma: We are a crop company that develops and sells seeds of Brassica carinata a new drop-in oilseed for agriculture We have commercialized
More informationThe Development of Palm Based Bio-refinery: A New Approach to The Bio-Carbon Economy
The Development of Palm Based Bio-refinery: A New Approach to The Bio-Carbon Economy 13 May 2014 1 Who is Sime Darby? A Diversified Multinational with Business in Key Growth Areas 5 Core Businesses Plantation
More informationKansas Ethanol 101 January 25, 2016
Renew Kansas (Previously Kansas Association of Ethanol Processors) Kansas Ethanol 101 January 25, 2016 Put a little Kansas in your tank. ethanol-enriched fuel good for your car good for the environment
More informationDelivering Sustainable Biomass Solutions Solving the Commercial Feedstock Problem: Past, Present and Future Project Development
Delivering Sustainable Biomass Solutions Solving the Commercial Feedstock Problem: Past, Present and Future Project Development Merrick Bioprocessing Conference Denver, CO September 10, 2012 A Comprehensive,
More informationRenewable Fuel Standard Potential Economic and Environmental Effects of U.S. Biofuel Policy. Public Release October 4, 2011
Renewable Fuel Standard Potential Economic and Environmental Effects of U.S. Biofuel Policy Public Release October 4, 2011 Renewable Fuel Volume Consumption Mandated by RFS2 40 35 Cellulosic biofuels Advanced
More information2017 Risk and Profit Conference Breakout Session Presenters. 13. Ethanol and Biodiesel Market and Profitability Prospects
2017 Risk and Profit Conference Breakout Session Presenters 13. Ethanol and Biodiesel Market and Profitability Prospects Dan O Brien Daniel O Brien was raised on a grain and livestock
More informationCan Fish Farms Use On Farm Biodiesel Production? Matt Veal, PhD NCSU Biological and Agricultural Engineering
Can Fish Farms Use On Farm Biodiesel Production? Matt Veal, PhD NCSU Biological and Agricultural Engineering Agenda What is Biodiesel? How do you make it? What are the by products? How is it marketed and
More informationA game theory analysis of market incentives for US switchgrass ethanol
A game theory analysis of market incentives for US switchgrass ethanol Yi Luo & Shelie Miller Presenter: Shiyang Huang Luo, Yi, and Shelie Miller. "A game theory analysis of market incentives for US switchgrass
More informationBiofuels. Camille Cagley. Newzaroundus.com
Biofuels Camille Cagley Newzaroundus.com Advantages and Disadvantages A * Less Pollution Production *Biofuels made from waste * Biomass biomass made from degraded/ abandoned agricultural lands (sciencemag.org)
More informationBP Biofuels a growing alternative. Asia deep dive Biofuels AGENDA. 1. View on the global biofuel market :drivers and potential demand
BP Biofuels a growing alternative Asia deep dive Biofuels April 2007 BP Biofuels: FAO presentation July 2 nd 2007 Virginie MARCHAL/ Rebecca HEATON AGENDA 1. View on the global biofuel market :drivers and
More informationWallace E. Tyner, Professor In collaboration with Farzad Taheripour Purdue University Michael Wang Argonne National Lab
Global Land Use Changes due to US Cellulosic Biofuel Program: A Preliminary Analysis And Updated Corn Ethanol, Biodiesel, and Sugarcane Ethanol Estimates Wallace E. Tyner, Professor In collaboration with
More informationBiofuels: Implications for Prices and Production. Darrel L. Good and Scott H. Irwin
Biofuels: Implications for Prices and Production Darrel L. Good and Scott H. Irwin Why Ethanol? Convert relatively abundant domestic sources of energy into a substitute for imported petroleum Energy Conversion
More informationA Global Solution for Sustainable Biofuels
A Global Solution for Sustainable Biofuels 1 Agrisoma Develops and Sells Carinata Seeds and More Expanding sales of Carinata seeds a non-food, sustainable crop for biofuels and high protein feed Commercial
More informationOverhauling Renewable Energy Markets
Overhauling Renewable Energy Markets Bruce Babcock Iowa State University Presented at Recognizing Risk in Global Agriculture, Ag Symposium, Federal Reserve Bank of Kansas City. July 19, 2011. Kansas City,
More informationHybrid Biorefinery Biodiesel and Biogas Production Synergies
Hybrid Biorefinery and Biogas Production Synergies Joe Tesar, Quantalux, LLC Dana Kirk, MSU Department of Biosystems and Agricultural Engineering Dennis Pennington, Michigan State Extension Charles Gould,
More informationEthanol Supply Chain and Industry Overview: More Harm Than Good?
Ethanol Supply Chain and Industry Overview: More Harm Than Good? Authors: Sarah L Bruce Advisor: Alexis Hickman Bateman, Edgar Blanco Sponsor: Yossi Sheffi MIT SCM ResearchFest May 23-24, 2012 Ethanol
More informationDouble- and Relay- Cropping Systems for Oil and Biomass Feedstock Production in the North Central Region
North Central Regional SunGrant Center Annual Meeting, Indianapolis, IN Double- and Relay- Cropping Systems for Oil and Biomass Feedstock Production in the North Central Region Marisol Berti 1, B.L. Johnson
More informationEnergy Crops and Co-Products in the Region --- What does is mean?
Energy Crops and Co-Products in the Region --- What does is mean? WA/OR Green Pea Association Annual Meeting Elk Lodge Milton-Freewater February 13, 2007 Don Wysocki Extension Soil Scientist Oregon State
More informationRenewable Fuel Standard Program (RFS2) 2010 and Beyond
Renewable Fuel Standard Program (RFS2) 2010 and Beyond February 2010 Office of Transportation and Air Quality US Environmental Protection Agency 1 Overview Key Changes Required by EISA Key Highlights of
More informationEnergy. on this world and elsewhere. Instructor: Gordon D. Cates Office: Physics 106a, Phone: (434)
Energy on this world and elsewhere Instructor: Gordon D. Cates Office: Physics 106a, Phone: (434) 924-4792 email: cates@virginia.edu Course web site available at www.phys.virginia.edu, click on classes
More informationThe economics of biofuels. by Ronald Steenblik Director of Research
The economics of biofuels by Ronald Steenblik Director of Research Current and expected future costs of ethanol 1.0 0.8 0.6 0.4 2005 2030 Ethanol from sugar cane Ethano from maize Ethanol from sugar beet
More informationPreliminary Assessment of the Drought s Impacts on Crop Prices and Biofuel Production
CARD Policy Brief 12-PB 7 July 2012 Preliminary Assessment of the Drought s Impacts on Crop Prices and Biofuel Production by Bruce Babcock Partial support for this work is based upon work supported by
More informationThe Biodiesel Leader. Renewable Energy Group, Inc. (888) REG /13_00k
The Biodiesel Leader Renewable Energy Group, Inc. (888) REG-8686 www.regi.com Renewable Energy Group and REG are registered trademarks of Renewable Energy Group, Inc. BIOHEAT is a registered trademark
More informationCellulosic Biofuels and Energy Grasses Energy Policy Issues Committee March 21, 2012
Cellulosic Biofuels and Energy Grasses Energy Policy Issues Committee March 21, 2012 Agenda Commercializing cellulosic biofuels in North Carolina Feedstock (Biomass) is key Chemtex International, M&G Group
More informationU.S. Ethanol Ready For The World Market
U.S. Ethanol Ready For The World Market The United States has plenty of ethanol and is ready and willing to meet foreign market needs. As the U.S. Grains Council (USGC) works with its industry partners
More informationUpdated Assessment of the Drought's Impacts on Crop Prices and Biofuel Production
CARD Policy Briefs CARD Reports and Working Papers 8-2012 Updated Assessment of the Drought's Impacts on Crop Prices and Biofuel Production Bruce A. Babcock Iowa State University, babcock@iastate.edu Follow
More informationCorn Outlook. David Miller Director of Research & Commodity Services Iowa Farm Bureau Federation December 2013
Corn Outlook David Miller Director of Research & Commodity Services Iowa Farm Bureau Federation December 2013 Source: USDA-WAOB U.S. Corn Supply & Usage U.S. Corn Supply & Usage Comments With the largest
More informationExpeller Technology and Plant Design Critical to Sustainability of Vegetable Oil Production Facilities
Expeller Technology and Plant Design Critical to Sustainability of Vegetable Oil Production Facilities Nebraska Screw Press has been a strong believer in the opportunity to successfully develop community
More informationMid-term Outlook for World Agricultural Markets
Mid-term Outlook for World Agricultural Markets Jacinto Fabiosa Co-Director, (515) 294-6183 jfabiosa@iastate.edu Food and Agricultural Policy Research Institute The Question of Interest? In 27 we asked,
More informationBiofuels: ACP s response to fossil fuel dependence
Biofuels: ACP s response to fossil fuel dependence Maureen Wilson 1, Jan Cloin 2, Raymond Rivalland 3 and Francis Yamba 4 1 Sugar Industry Research Institute, Kendal Rd, Mandeville, 2 Pacific Islands Applied
More informationCHARTS AND PRICE PROJECTIONS
CHARTS AND PRICE PROJECTIONS 18 / Charts and Price Projections: FAPRI 28 Agricultural Outlook Average Annual GDP Growth, 27-217 Percent Change 1 8 8.4 7.92 6 4 4.44 3.67 4.6 4.34 2 2.37 2.17 1.38 2.44
More informationBioFuels Lessons Learned From Georgia
The University of Georgia Center for Agribusiness and Economic Development College of Agricultural and Environmental Sciences BioFuels Lessons Learned From Georgia www.caed.uga.edu John McKissick, George
More informationUSA Crude oil. Imports. Production Barrels. Year
Energy Crops 1000 Barrels USA Crude oil 4000000 3500000 3000000 Imports 2500000 2000000 Production 1500000 1990 1992 1994 1996 1998 2000 2002 2004 Year Projected World Energy Supplies 100 Billion Barrels
More informationSustainable Biofuels: Environmental Considerations
Biofuels: Environmental Considerations Uwe R. Fritsche Coordinator, Energy & Climate Division Öko-Institut (Institute for Applied Ecology), Darmstadt Office presented at the BMELV/gtz/WWI International
More informationNEEDS AND TECHNOLOGICAL CAPABILITIES
4 DESIRED PRODUCTS, TECHNOLOGIES OR PROCESSES 51 PART II NEEDS AND CAPABILITIES 7 TECHNOLOGY Augusto Barbosa Cortez [et al.]. "Technology Drivers", p.115-126. In: Luís Augusto Barbosa Cortez (Editor).
More informationEnergy. on this world and elsewhere. Instructor: Gordon D. Cates Office: Physics 106a, Phone: (434)
Energy on this world and elsewhere Instructor: Gordon D. Cates Office: Physics 106a, Phone: (434) 924-4792 email: cates@virginia.edu Course web site available at www.phys.virginia.edu, click on classes
More informationWNC s Biofuels Market & Supply Chain
WNC s Biofuels Market & Supply Chain Regional Biofuels Educational Workshop Western Piedmont Council of GovernmentsHickory, NC August 22, 2014 Jeremy C Ferrell Appalachian State University Ferrelljc@appstate.edu
More informationCOMPANY OF THE YEAR. Sustainable Energy Founded in Agriculture
COMPANY OF THE YEAR Sustainable Energy Founded in Agriculture Agrisoma: We are a crop company that develops and sells seeds of Brassica carinata a drop-in product for agriculture We have commercialized
More informationCHARTS AND PRICE PROJECTIONS
CHARTS AND PRICE PROJECTIONS 18 / Charts and Price Projections: FAPRI 27 Agricultural Outlook Average Annual GDP Growth Percent Change 9 8 7 6 4 3 2 1 26-216 Canada China EU NMS EU- India Japan Latin America
More informationGlobal biofuel growth Implications for agricultural markets and policies
Global biofuel growth Implications for agricultural markets and policies Martin von Lampe Trade and Agriculture Directorate OECD Regional Meeting on Agricultural Policy Reform Bucharest, Romania 24-26
More informationUS biofuel Indicators and a changing market dynamic
US biofuel Indicators and a changing market dynamic Seth Meyer AMIS October 1-2, 13, Rome Movement of Ag and Energy Ethanol production and capacity 16 35 Crude oil and maize prices 14 3 billion gallons
More informationIntroduction slide 2
Introduction slide 2 Next Generation Biodiesel Feedstocks and Markets Will Thurmond Author, Biodiesel 2020: A Global Market Survey President, Emerging Markets Online Presenter Will Thurmond President,
More informationEPA MANDATE WAIVERS CREATE NEW UNCERTAINTIES IN BIODIESEL MARKETS
2nd Quarter 2011 26(2) EPA MANDATE WAIVERS CREATE NEW UNCERTAINTIES IN BIODIESEL MARKETS Wyatt Thompson and Seth Meyer JEL Classifications: Q11, Q16, Q42, Q48 Keywords: Biodiesel, Biofuel Mandate, Waivers
More informationKentucky yield projections for biofuel feedstock crops. Michael Bomford Community Research Service, Kentucky State University Land Grant Program
Kentucky yield projections for biofuel feedstock crops Michael Bomford Community Research Service, Kentucky State University Land Grant Program Governor s biofuel plan for 225 By 225, Kentucky will derive
More informationOilseeds and Products
Oilseeds and Products Oilseeds compete with major grains for area. As a result, weather impacts soybeans, rapeseed, and sunflowerseed similarly to the grain and other crops grown in the same regions. The
More informationCONFERENCE ON AVIATION AND ALTERNATIVE FUELS
International Civil Aviation Organization CAAF/2-WP/20 18/09/17 WORKING PAPER CONFERENCE ON AVIATION AND ALTERNATIVE FUELS Mexico City, Mexico, 11 to 13 October 2017 Agenda Item 4: Defining the ICAO vision
More informationWestport Innovations Inc.
Energy & Environment Perspectives 2008 1 David Demers, CEO, Westport Innovations Inc. 2 Westport Innovations Inc. Recognized as the world leader in gaseous fuels technology (natural gas, hydrogen, LPG,
More informationBiofuels - Opportunities and Challenges
Biofuels - Opportunities and Challenges Low Carbon Transport Investor Event Carbon Trust 11 th May 2009 Greg Archer Managing Director Low Carbon Vehicle Partnership Low Carbon Vehicle Partnership Accelerating
More informationDownstream & Chemicals
Downstream & Chemicals Mark Nelson Executive Vice President Downstream & chemicals portfolio Fuels refining & marketing Focused, regional optimization Petrochemicals Advantaged feed, scale and technology
More informationWhat you might have missed Bioenergy Situation & Outlook
What you might have missed Bioenergy Situation & Outlook Ag Lenders Conference David Ripplinger Fall 2018 Record US Corn Ethanol Production Record US Corn Ethanol Exports Expanding US Corn Ethanol Capacity
More informationABLC! Advancing Renewable Chemicals! November 10, 2014! Copyright 2014 Renewable Energy Group, Inc.
ABLC! Advancing Renewable Chemicals! November 10, 2014! Safe Harbor Statement! This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform
More informationEffect of Biodiesel Production on Life-Cycle Greenhouse Gas Emissions and Energy Use for Canada
Effect of Biodiesel Production on Life-Cycle Greenhouse Gas Emissions and Energy Use for Canada Brian G. McConkey 1, Stephen Smith 2, James Dyer 3, Ravinderpal Gil 2, Suren Kulshreshtha 4, Cecil Nagy 4,
More informationAlternative feedstocks and technologies for advanced biofuels
Alternative feedstocks and technologies for advanced biofuels RENEWABLE ENERGY IN TRANSPORT Challenges and opportunities Innopoli 2 Mailto:harri.turpeinen@nesteoil.com 1 Content 1. Criteria for advanced
More informationImpact of Ethanol on Iowa s Transportation System
Impact of Ethanol on Iowa s Transportation System Legislative Agriculture Chairs Summit VI St Louis, MO January 18-20, 2008 Craig O Riley, Office of Systems Planning 1 Discussion Topics Agricultural Trends
More informationDuPont Biofuels: Building a Sustainable Future. Dennis Magyar Industry Manager North America DuPont Biofuels IFMA 17 July 22, 2009
DuPont Biofuels: Building a Sustainable Future Dennis Magyar Industry Manager North America DuPont Biofuels IFMA 7 DuPont Mission Sustainable Growth 2 The creation of shareholder and societal value while
More informationMarket Outlook. David Reinbott.
Market Outlook David Reinbott Agriculture Business Specialist P.O. Box 187 Benton, MO 63736 (573) 545-3516 http://extension.missouri.edu/scott/agriculture.aspx reinbottd@missouri.edu Trending Issues Volatile
More informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Date: GAIN Report
More informationBIODIESEL 2020: Global Market Survey, Case Studies and Forecasts. Multi-Client Study pages - Published October, 2006 by Emerging Markets Online
Global Market Survey, Case Studies and Forecasts Multi-Client Study - 405 pages - Published October, 2006 by Emerging Markets Online Global Market Survey, Case Studies and Forecasts Introduction and Executive
More informationCincinnati, Ohio U S A. Philip W. Madson President
Cincinnati, Ohio U S A Philip W. Madson President BEYOND the SQUARE BOX in a CORNFIELD MORE THAN 6,000 ETHANOL PLANTS WORLDWIDE SOURCE: DR. JOHN MURTAGH RANGE OF TECHNOLOGIES EMPLOYED Agrana TODAY IN
More informationFrom First to Second Generation Biofuels: An IEA Report
COP 14 Poznan GBEP Side Event, 11 December 2008 From First to Second Generation Biofuels: An IEA Report Lew Fulton International Energy Agency, Paris IEA Recent Work on Bioenergy 1. From 1 st to 2 nd Generation
More informationCitigroup Biofuels Conference Ethanol on the Cob October 3, 2006
Citigroup Biofuels Conference Ethanol on the Cob October 3, 2006 Forward-Looking Statements Certain statements in this presentation, and other written or oral statements made by or on behalf of us, are
More information15th European Biomass Conference & Exhibition, 7-11 May 2007, Berlin, Germany CALIFORNIA BIOFUEL GOALS AND PRODUCTION POTENTIAL
CALIFORNIA BIOFUEL GOALS AND PRODUCTION POTENTIAL R.B. Williams, B.M. Jenkins, and M.C. Gildart Department of Biological and Agricultural Engineering University of California Davis, CA 95616 USA ABSTRACT:
More informationsunliquid process cellulosic sugars and ethanol from agricultural residues Bio World Congress Montreal, Canada July 20,2015
sunliquid process cellulosic sugars and ethanol from agricultural residues Bio World Congress Montreal, Canada July 20,2015 2 A globally leading company in specialty chemicals 6 116 235 4 Sales 2014 (CHF
More informationMoçambique Biofuels Seminar
Moçambique Biofuels Seminar Feedstock in Moçambique and Factors Influencing Choice 11 June 2007 Feedstock cost drives the feasibility of the biodiesel value chain Oilseed Oil Extraction Oil Refining Distribution
More informationAttracting Investment
Attracting Investment Investment Trends and Perspectives on Jatropha June 2008 Euro-Latin Capital Christian Langaard Today s agenda Risk Appetite for Biofuels Investment Trends and perspective on jatropha
More informationBiofuels, Energy Security, and Future Policy Alternatives. Wally Tyner
Biofuels, Energy Security, and Future Policy Alternatives Wally Tyner Purdue University Ethanol Economics Ethanol has value as energy and as an additive to gasoline The energy content is about 68% of gasoline
More informationCreating a Large, Guaranteed Market for Advanced Biofuels Through a Low Carbon Fuel Standard
www.e2.org Creating a Large, Guaranteed Market for Advanced Biofuels Through a Low Carbon Fuel Standard Adopted in April 2009, California s Low Carbon Fuel Standard (LCFS) will guarantee a market of up
More informationCONTRIBUTION OF THE BIODIESEL INDUSTRY TO THE ECONOMY OF THE UNITED STATES
CONTRIBUTION OF THE BIODIESEL INDUSTRY TO THE ECONOMY OF THE UNITED STATES Prepared for the National Biodiesel Board With Funding Support from the United Soybean Board 1 John M. Urbanchuk Director LECG,
More informationCellulosic Ethanol and Enzymatic Biodiesel Biofuels Plant Upgrades
Renewable Energy Worldwide Cellulosic Ethanol and Enzymatic Biodiesel Biofuels Plant Upgrades Eric McAfee Chairman/CEO October 17, 2017 ABLC San Francisco Mission: Aemetis means One Prudent Wisdom One
More informationA biorefinery for the conversion of glycerol to value added products
A biorefinery for the conversion of glycerol to value added products Mhairi McIntyre Workman Department of Systems Biology, Technical University of Denmark GLYFINERY partners Dept. Systems Biology, DTU
More informationOilseeds and Products
Oilseeds and Products Oilseeds compete with major grains for area. As a result, weather impacts soybeans, rapeseed, and sunflowerseed similarly to grain and other crops grown in the same regions. The same
More informationBuilding Innovative and Successful Industrial Scale Biomass Supply Chain Solutions Sam Jackson May 15, 2014
Building Innovative and Successful Industrial Scale Biomass Supply Chain Solutions Sam Jackson May 15, 2014 Company Overview Privately held biomass supply solutions company based in Vonore, TN Bringing
More informationNatural and Economic Resources Appropriations Subcommittee 20 February W. Steven Burke President and CEO Biofuels Center of North Carolina
Natural and Economic Resources Appropriations Subcommittee 20 February 2013 W. Steven Burke President and CEO Biofuels Center of North Carolina Three definitions: Biofuels Liquid transportation fuels.
More information(i) Place a cross in the box next to a pair of greenhouse gases.
1 First generation biofuels are made from sugars and vegetable oils found in food crops. (a) Some countries are replacing small percentages of petrol and diesel with first generation biofuels to reduce
More informationAn Economic Analysis of Legislation for a Renewable Fuels Requirement for Highway Motor Fuels
An Economic Analysis of Legislation for a Renewable Fuels Requirement for Highway Motor Fuels John M. Urbanchuk Executive Vice President AUS Consultants November 2001 EXECUTIVE SUMMARY Congress is considering
More informationCITY AND COUNTY OF SAN FRANCISCO TRANSPORTATION BIOFUELS PLANNING STUDY
1 CITY AND COUNTY OF SAN FRANCISCO TRANSPORTATION BIOFUELS PLANNING STUDY May 24, 2012 Jason Barbose UC Berkeley Goldman School of Public Policy Yuri Yakubov UC Berkeley Haas School of Business Bill Zeller
More informationBRAZILIAN PERSPECTIVES ON BIOENERGY TRADE AND SUSTAINABLE DEVELOPMENT
BRAZILIAN PERSPECTIVES ON BIOENERGY TRADE AND SUSTAINABLE DEVELOPMENT market access issues, implications of certification on exports and production, social and environmental issues. Sergio C. Trindade
More informationABSTRACT: 412 BIODIESEL FEEDSTOCKS ARE CHANGING AFFECTING THE VALUE OF THE BY-PRODUCTS
ABSTRACT: 412 BIODIESEL FEEDSTOCKS ARE CHANGING AFFECTING THE VALUE OF THE BY-PRODUCTS DU PLESSIS L M Research Consultant to Protein Research Foundation, Johannesburg, 2128, South Africa E-mail: lourensdup@kleinfontein.net
More informationBioenergy Qualifications
Bioenergy Qualifications Bioenergy Project Evaluation and Due Diligence Services Authors: Jake Jacobi Mark Warren Contact: Chris Vlahoplus ScottMadden and Ascendant Partners Have Recent, Relevant, and
More informationTHIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY USDA STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S.
THIS REPORT CONTAINS ASSESSMENTS OF COMMODITY AND TRADE ISSUES MADE BY STAFF AND NOT NECESSARILY STATEMENTS OF OFFICIAL U.S. GOVERNMENT POLICY Required Report - public distribution Indonesia Oilseeds and
More informationBiomass Energy Training Curriculum
Biomass Energy Training Curriculum J. de Koff, R. Nelson, A. Holland, T. Prather, S. Hawkins This curriculum was developed through a Southern SARE grant and collaboration between Tennessee State University,
More informationModel Differences and Variability CRC E-102. Don O Connor 2013 CRC Life Cycle Analysis of Transportation Fuels Workshop October 16, 2013
Model Differences and Variability CRC E-102 Don O Connor 2013 CRC Life Cycle Analysis of Transportation Fuels Workshop October 16, 2013 Introduction The goal of CRC Project E-102 was to better quantify
More informationTechnologies for biodiesel and bioethanol. Emile van Zyl Johann Görgens
Technologies for biodiesel and bioethanol production Emile van Zyl Johann Görgens Microbiology and Process Engineering Stellenbosch University jou kennisvernoot your knowledge partner Content 1. Why consider
More informationValvoline Fourth-Quarter Fiscal 2016 Earnings Conference Call. November 9, 2016
Valvoline Fourth-Quarter Fiscal 2016 Earnings Conference Call November 9, 2016 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the
More informationBiodiesel Industry A Statewide Assessment
University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Industrial Agricultural Products Center -- Publications & Information Industrial Agricultural Products Center 8-31-2006
More information