Energy Independence. tcbiomass 2013 The Path to Commercialization of Drop-in Cellulosic Transportation Fuels. Rural America Revitalization

Size: px
Start display at page:

Download "Energy Independence. tcbiomass 2013 The Path to Commercialization of Drop-in Cellulosic Transportation Fuels. Rural America Revitalization"

Transcription

1 Energy Independence The Path to Commercialization of Drop-in Cellulosic Transportation Fuels Rural America Revitalization

2 Forward Looking Statements These slides and the accompanying oral presentation contain forward looking statements regarding future results and events, including, without limitation, statements about: the start-up of and commercialization at our biomass-to-fuel facility in Columbus, Mississippi, potential future sales of our fuels products, and our anticipated future operations and plans for financing. For this purpose, any statements contained herein that are not statements of historical fact may be deemed forward looking statements. Without limiting the foregoing, the words believes, anticipates, plans, expects, intends, appears, estimates, projects, will, would, could, should, targets, and similar expressions are also intended to identify forward looking statements. The forward looking statements in this presentation involve a number of risks and uncertainties. The Company s actual future results may differ significantly from the results discussed in the forward looking statements contained in this presentation. Such factors and others are discussed more fully in the section entitled Risk Factors in the Company s Annual Report on Form 10-K as filed with the United States Securities and Exchange Commission (SEC) on March 18, 2013, and the Company s other filings with the SEC, all of which are incorporated by reference in this presentation. If any of these risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results, levels of activity, performance or achievement may vary significantly from what we projected. The Company specifically disclaims any obligation to update these forward looking statements in the future. Page 2

3 KiOR: a Unique Renewable Fuels Company Breakthrough cellulosic hydrocarbon-based fuel technology Scalable by leveraging established refining technologies Flexible, non-food feedstock input Fuels compatible with existing infrastructure and vehicle fleet Significant economic benefit for local communities Page 3

4 KiOR s Two Step Biomass-to-Fuel Process Proprietary Catalyst Leveraging Proven Process Technology Biomass KiOR BFCC Process Renewable Crude Upgrader Renewable Fuel Woody Biomass; Energy Crops Proprietary Catalyst Biomass Fluid Catalytic Cracking (BFCC) Hydrocarbons Proven Refinery Process Upgrading STEP 1 STEP 2 Today s Gas & Diesel Page 4

5 KiOR Process Page 5

6 Columbus, MS Refinery Page 6

7 KiOR Path to Commercialization Pilot Plant Operations Pasadena Validation of Feasibility Demonstration Plant Pasadena Start of Commercial Plant Project 400 x 50 x Offtake Agreements for 100% of Production Commercial Plant Complete Part 79 Approvals (5%) First Shipments Part 79 Approvals (25%) Page 7

8 Traditional Non-food Feedstock, Gasoline and a Sustainable Diesel Approach Social Responsibility Given the growing world population, KiOR s focus is non-food feedstock Non-food feedstock does not compete with human food needs Sustainable Feedstock Surplus Southern Yellow Pine - initial feedstock Promotes sustainable forestry - harvest fraction of surplus Wood Chips Logging Residue Switch Grass Whole Tree Chips Miscanthus Fueling the 21 st st Century Page 8

9 Sustainable Feedstock Surplus Southern Yellow Pine Surplus + Residuals Bone dry tons per day (BDT / day) 4.2Bn gallons/year 480, , ,000 Residuals 100, ,000 BDT / day (x) 72 gal / BDT (x) 365 days / yr Merchant Timber 59, , ,000 Growth Harvest Surplus Supply Source: 2005 to 2008 USDA Forest Service data Potential Production Fueling the 21 st st Century Page 9

10 Southeast US Potential to Fuel 1/3 of US Cars Biomass in the Southeast is sufficient to meet 2022 RFS renewable fuel mandate using KiOR technology The Southeast can fuel over 1/3 of the cars in the US with biomass on a sustainable basis and with 80% less greenhouse gas emissions compared to conventional fossil fuels CELLULOSIC FUELS ARE ON THE ROAD TODAY Number of Cars Biomass Can Fuel in US (in millions) Biomass Type Region Southeast US Entire US Agricultural Residuals Energy Crops Forest Residue Total Data from EPA RFS Regulatory Impact Analysis Page 10

11 Pine is a Stable Source of Feedstock Feedstock Cost Dollars per 5.8 MMBTU (Barrel of Oil Equivalent) Soy Oil Sugar Corn Crude Oil $21 $23 Pine Sources: Timber Mart-South, EIA, USDA, International Monetary Fund, PNNL Hydrogen Resource Center, KiOR analysis Fueling the 21 st st Century Page 11

12 KiOR Fuels - Not Biodiesel, Not Ethanol Virtually Identical to Fossil Fuels KiOR fuels produce same energy as fossil fuels Compatible in existing engines, cars & trucks $2 trillion Fuels Market Compatible with Fuel Distribution & Market Existing Infrastructure Distribution KiOR has no blendwall limits KiOR drops into today s infrastructure Market Acceptance = + Access to Market First fuel 100% sold before construction Readily accepted by conventional fuels market: Major fleet users Refiners Page 12

13 KiOR Columbus is Producing Real Fuels Today KiOR brought world s first commercial-scale cellulosic fuels on line in Columbus, MS Cellulosic biofuels from non-food sources are real Columbus has a capacity of 13 million GPY, enough to fuel over 25,000 cars These fuels drop-in and can be blended seamlessly into the U.S. fuels infrastructure EPA Part 79 Registration for gasoline and diesel blends at up to 25% INVESTMENT IN PLACE & PRODUCING TODAY Annual volumes will be increased through R&D and process engineering efficiencies Page 13

14 KiOR Facilities Spur Local Economic Growth KiOR locates plants in rural areas with sustainable biomass resources All feedstocks are non-food crops and sustainably harvested KiOR CAN REVITALIZE RURAL AMERICA Focus is on communities affected by plant closings that need jobs and investment Each KiOR facility is an economic engine o $350 million local investment o $200 million annual revenue o $90 million annual local procurement o Millions in increased local tax revenue o 500 construction jobs o 100 plant jobs KiOR puts people back to work through retraining and education Page 14

15 Traditional Summary: Gasoline KiOR is a and Unique Diesel Renewable Fuels Company Biomass to Bio-crude Bio-crude to Fuel Biomass/ Woodchips KiOR BFCC Process Hydrocarbon, infrastructure compatible fuel Non-food, sustainable feedstock Greenhouse gas emissions reduced up to 80% KiOR Upgrading Process Today s Gas and Diesel Promotes energy independence Contributes to RFS2 Cellulosic targets Stimulates local economies Page 15

16 KiOR Offers a Win-Win Fuels Solution Rural Jobs Sustainable Processes Environmentally Friendly Energy Independence Page 16

Southeast Biomass: Highest and Best Use

Southeast 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 information

The next generation of biofuels

The next generation of biofuels The next generation of biofuels Nexxoil C Nexxoil AG AG Intro 2012 v.10 EN - 2013 Nexxoil Technology Nexxoil is a Technology Company Renewable Energy, Clean/Green Technology Liquid hydrocarbons as new

More information

Biofuels Production to Reach B10 in 2012 and E10 in 2011

Biofuels Production to Reach B10 in 2012 and E10 in 2011 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 information

Algae is a superior renewable feedstock

Algae is a superior renewable feedstock Tim Zenk VP of Corporate Affairs, Sapphire Energy Inc. October 11, 2012 Cost of production ($ per barrel) Algae is a superior renewable feedstock Superior attributes of algae Scalable to millions of barrels

More information

Delivering 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 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 information

Case 4:16-cv Document 1 Filed in TXSD on 09/26/16 Page 1 of 7

Case 4:16-cv Document 1 Filed in TXSD on 09/26/16 Page 1 of 7 Case 4:16-cv-02880 Document 1 Filed in TXSD on 09/26/16 Page 1 of 7 UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION SECURITIES AND EXCHANGE COMMISSION, Plaintiff, v. CASE

More information

RNG Production for Vehicle Fuel. April 4, 2018

RNG Production for Vehicle Fuel. April 4, 2018 RNG Production for Vehicle Fuel April 4, 2018 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section

More information

Overhauling Renewable Energy Markets

Overhauling 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 information

The Clean Energy Biofuels Act of 2008: Promoting Advanced Biofuels in Massachusetts

The Clean Energy Biofuels Act of 2008: Promoting Advanced Biofuels in Massachusetts University of Massachusetts Amherst ScholarWorks@UMass Amherst Conference on Cellulosic Biofuels September 2008 The Clean Energy Biofuels Act of 2008: Promoting Advanced Biofuels in Massachusetts Dwayne

More information

BIOFUELS IN POLAND STATUS QUO AND PERSPECTIVES

BIOFUELS IN POLAND STATUS QUO AND PERSPECTIVES BIOFUELS IN POLAND STATUS QUO AND PERSPECTIVES Long-term National Program for Biofuels Promotion in Poland Milos oslaw Kozak & Jerzy Merkisz Poznan University of Technology Main data on Poland: Location:

More information

ABLC! Advancing Renewable Chemicals! November 10, 2014! Copyright 2014 Renewable Energy Group, Inc.

ABLC! 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 information

Renewable Fuel Standard Program (RFS2) 2010 and Beyond

Renewable 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 information

2010 Interim Results Presentation. August 23, 2010 Hong Kong

2010 Interim Results Presentation. August 23, 2010 Hong Kong Sinopec Corp. 21 Interim Results Presentation August 23, 21 Hong Kong Disclaimer i This presentation and the presentation materials distributed herein include forwardlooking statements. All statements,

More information

Financial Statements Matti Lievonen, President & CEO 7 February 2017

Financial Statements Matti Lievonen, President & CEO 7 February 2017 Financial Statements 2016 Matti Lievonen, President & CEO Agenda 1 2 3 4 Year 2016 Financials 2016 Segment reviews Current topics 5 Appendix 2 Disclaimer The following information contains, or may be deemed

More information

Agri.. Eng. R&D for Environmentally Friendly in Thailand. Viboon Thepent

Agri.. Eng. R&D for Environmentally Friendly in Thailand. Viboon Thepent Agri.. Eng. R&D for Environmentally Friendly in Thailand Viboon Thepent Presentation Outlines Introduction Biomass energy Solar energy Wind energy Geothermal Energy Energy Conservation Program Conclusion

More information

Third quarter results Matti Lievonen, President & CEO 26 October 2017

Third quarter results Matti Lievonen, President & CEO 26 October 2017 Third quarter results 2017 Matti Lievonen, President & CEO 26 October 2017 Agenda 1. Q3/17 Group financials 2. January-September 2017 review 3. Q3/17 Segment reviews 4. Current topics 5. Appendix 2 Disclaimer

More information

USDA Agricultural Outlook Forum 2007

USDA Agricultural Outlook Forum 2007 USDA Agricultural Outlook Forum 2007 EU BIOFUELS POLICY AND EFFECTS ON PRODUCTION, CONSUMPTION AND LAND USE FOR ENERGY CROPS Hilkka Summa Head of Unit for Bioenergy, Biomass, Forestry and Climate Change

More information

Biofuels Incentives: A Summary of Federal Programs

Biofuels Incentives: A Summary of Federal Programs University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Congressional Research Service Reports Congressional Research Service 2010 Biofuels Incentives: A Summary of Federal Programs

More information

Renewable 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 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 information

Update: Estimated GHG Increase from Obama Administration Inaction on the 2014 RFS

Update: Estimated GHG Increase from Obama Administration Inaction on the 2014 RFS Update: Estimated GHG Increase from Obama Administration Inaction on the 2014 The blend wall should not be a consideration for setting the, because the United States is using more transportation fuel in

More information

Biofuels: ACP s response to fossil fuel dependence

Biofuels: 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 information

Alternative feedstocks and technologies for advanced biofuels

Alternative 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 information

Department of Communications, Energy and Natural Resources (DCENR) - Compliance with Directive 2003/30/EC

Department of Communications, Energy and Natural Resources (DCENR) - Compliance with Directive 2003/30/EC July 2007 Department of Communications, Energy and Natural Resources (DCENR) - Compliance with Directive 2003/30/EC Report on measures taken to promote the use of biofuels or other renewable fuels to replace

More information

DuPont Biofuels. Technology that Fuels. Russ Sanders Marketing Director Pioneer Hi-Bred. Citigroup October 2, 2007

DuPont Biofuels. Technology that Fuels. Russ Sanders Marketing Director Pioneer Hi-Bred. Citigroup October 2, 2007 DuPont Biofuels Russ Sanders Marketing Director Pioneer Hi-Bred Technology that Fuels Citigroup October 2, 2007 Regulation G The attached charts include company information that does not conform to generally

More information

Q Matti Lievonen President and CEO

Q Matti Lievonen President and CEO Q1 2018 Matti Lievonen President and CEO CONTENTS 1. Q1 2018 review 2. Group financials 3. Segment reviews 4. Current topics 5. Appendix 2 Disclaimer The following information contains, or may be deemed

More information

U.S. Ethanol Ready For The World Market

U.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 information

EPA MANDATE WAIVERS CREATE NEW UNCERTAINTIES IN BIODIESEL MARKETS

EPA 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 information

Legislative and Regulatory Developments Likely to Affect the U.S. Refining Sector in the Next Decade

Legislative and Regulatory Developments Likely to Affect the U.S. Refining Sector in the Next Decade Legislative and Regulatory Developments Likely to Affect the U.S. Refining Sector in the Next Decade Round Table Discussion on U.S. Refining OPIS 11 th National Supply Summit October 18, 2009 Dave Hirshfeld

More information

US Refining Industry: Forecasts, Capacity, Challenges

US Refining Industry: Forecasts, Capacity, Challenges US Refining Industry: Forecasts, Capacity, Challenges Crude Oil Quality Group Cindy Schild, API February 26, 2009 Overview Prices, Earnings & Forecasts Domestic Refinery Industry Capacity Environmental

More information

USA Crude oil. Imports. Production Barrels. Year

USA 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 information

COMPANY OF THE YEAR. Sustainable Energy Founded in Agriculture

COMPANY 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 information

Biofuels - Opportunities and Challenges

Biofuels - 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 information

Creating a Large, Guaranteed Market for Advanced Biofuels Through a Low Carbon Fuel Standard

Creating 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 information

Reducing GHG Emissions Through National Renewable Fuel Standards

Reducing GHG Emissions Through National Renewable Fuel Standards Reducing GHG Emissions Through National Renewable Fuel Standards Transportation Research Board 2010 Environment and Energy Conference Robert Larson, USEPA First Renewable Fuel Standards Established by

More information

Biofuels Incentives: A Summary of Federal Programs

Biofuels Incentives: A Summary of Federal Programs Biofuels Incentives: A Summary of Federal Programs Brent D. Yacobucci Section Research Manager January 11, 2012 CRS Report for Congress Prepared for Members and Committees of Congress Congressional Research

More information

Life-Cycle Energy and Greenhouse Gas Results of Fischer-Tropsch Diesel Produced from Natural Gas, Coal, and Biomass

Life-Cycle Energy and Greenhouse Gas Results of Fischer-Tropsch Diesel Produced from Natural Gas, Coal, and Biomass Life-Cycle Energy and Greenhouse Gas Results of Fischer-Tropsch Diesel Produced from Natural Gas, Coal, and Biomass Michael Wang, May Wu, and Hong Huo Center for Transportation Research Argonne National

More information

Biofuels: Considerations and Potential

Biofuels: 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 information

Renewable Fuels: Overview of market developments in the US and a focus on California

Renewable Fuels: Overview of market developments in the US and a focus on California Renewable Fuels: Overview of market developments in the US and a focus on California Cynthia Obadia Cynthia Obadia Consulting Renewable fuel s growth driven by incentives from RFS and LCFS RFS - Federal

More information

The Future of Energy Intensive Industry

The Future of Energy Intensive Industry The Future of Energy Intensive Industry Mike Fuge CEO Refining NZ 1 November 2018 1 KEY INFRASTRUCTURE ASSET Supplies 70% of the country s refined fuel products Operates the multi-product pipeline supplying

More information

Integrating Biofuels into the Energy Industry

Integrating Biofuels into the Energy Industry Integrating Biofuels into the Energy Industry California Biomass Collaborative 4 th Annual Forum Rick Zalesky Vice President, Biofuels and Hydrogen Business March 27, 2007 Global Energy Perspectives Grow

More information

FutureMetrics LLC. 8 Airport Road Bethel, ME 04217, USA. Cheap Natural Gas will be Good for the Wood-to-Energy Sector!

FutureMetrics LLC. 8 Airport Road Bethel, ME 04217, USA. Cheap Natural Gas will be Good for the Wood-to-Energy Sector! FutureMetrics LLC 8 Airport Road Bethel, ME 04217, USA Cheap Natural Gas will be Good for the Wood-to-Energy Sector! January 13, 2013 By Dr. William Strauss, FutureMetrics It is not uncommon to hear that

More information

Biofine Technology, LLC

Biofine Technology, LLC Biofine Technology, LLC Cellulosic Biodiesel www.biofinetechnology.com 1 CELLULOSE AND STARCH THE BIOFINE PROCESS CELLULOSIC BIODIESEL BIOFINE PRESENTATION OUTLINE THE BIOFINE BIO-REFINING PROCESS LEVULINIC

More information

RFS2: Where Are We Now And Where Are We Heading? Paul N. Argyropoulos

RFS2: Where Are We Now And Where Are We Heading? Paul N. Argyropoulos Agricultural Outlook Forum Presented: February 24-25, 2011 U.S. Department of Agriculture RFS2: Where Are We Now And Where Are We Heading? Paul N. Argyropoulos Office of Transportation and Air Quality

More information

Operating Refineries in a High Cost Environment. Options for RFS Compliance. March 20, Baker & O Brien, Inc. All rights reserved.

Operating Refineries in a High Cost Environment. Options for RFS Compliance. March 20, Baker & O Brien, Inc. All rights reserved. Operating Refineries in a High Cost Environment Options for RFS Compliance March 2, 217 Baker & O Brien, Inc. All rights reserved. Discussion Points Introduction Renewable Fuels Standard (RFS) Overview

More information

Implications for Automotive, Agriculture, and Energy. Summary Presentation

Implications 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 information

Biodiesel: A High Performance Renewable Fuel

Biodiesel: A High Performance Renewable Fuel Biodiesel: A High Performance Renewable Fuel Scott DeWees Co-Coordinator Western WA Clean Cities A program of the Puget Sound Clean Air Agency wwcleancities.org October 29, 2015 www.wwcleancities.org Why

More information

Advanced Bio-fuels Production in North

Advanced Bio-fuels Production in North Advanced Bio-fuels Production in North America: When & How Much? Michael Warren Executive Director, Global Research & Strategic Services Hart Energy Consulting Presented at: IV Latin American & Caribbean

More information

Renewable Diesel: Fueling the Future in a Green Economy

Renewable Diesel: Fueling the Future in a Green Economy Renewable Diesel: Fueling the Future in a Green Economy Joel Velasco velasco@amyris.com May 13, 2011 [ 1 ] Safe Harbor Summary This presentation includes forward-looking statements that are subject to

More information

Airbus Alternative Fuels

Airbus Alternative Fuels Airbus Alternative Fuels Targeting carbon-neutral Aircraft operations Presented by Yohan Allouche Airbus R&T Agenda Background What Airbus is doing? Role and Strategy Value Chain projects Commercial Flight

More information

WOOD-BASED BIOREFINERIES PAVE THE WAY TO SUCCESFUL BIOECONOMY. Marko Janhunen UPM Biorefining, Gothenburg,

WOOD-BASED BIOREFINERIES PAVE THE WAY TO SUCCESFUL BIOECONOMY. Marko Janhunen UPM Biorefining, Gothenburg, WOOD-BASED BIOREFINERIES PAVE THE WAY TO SUCCESFUL BIOECONOMY Marko Janhunen UPM Biorefining, Gothenburg, 18.05.2017 2 UPM UPM today UPM BIOREFINING UPM ENERGY UPM RAFLATAC UPM SPECIALTY PAPERS UPM PAPER

More information

Biofuel Supply Chain Challenges and Analysis

Biofuel 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 information

Production of Transportation Fuels by Co-processing Biomass-Derived Pyrolysis Oils in a Petroleum Refinery Fluid Catalytic Cracking Unit

Production of Transportation Fuels by Co-processing Biomass-Derived Pyrolysis Oils in a Petroleum Refinery Fluid Catalytic Cracking Unit Stanley J. Frey R&D Fellow November 5, 2015 Production of Transportation Fuels by Co-processing Biomass-Derived Pyrolysis Oils in a Petroleum Refinery Fluid Catalytic Cracking Unit TCBiomass2015 Chicago,

More information

The Alliance October 23, 2008

The Alliance October 23, 2008 The Alliance October 23, 2008 Energy Security Erec Isaacson Vice President, Commercial Assets ConocoPhillips Alaska, Inc. Cautionary Statement FOR THE PURPOSES OF THE SAFE HARBOR PROVISIONS OF THE PRIVATE

More information

Kansas Ethanol 101 January 25, 2016

Kansas 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 information

Westport Innovations Inc.

Westport 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 information

The Biodiesel Leader. Renewable Energy Group, Inc. (888) REG /13_00k

The 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 information

BDC Symposium Ottawa, September 29, 2015

BDC Symposium Ottawa, September 29, 2015 BDC Symposium Ottawa, September 29, 2015 Our Business Heating Oil Biomass Feedstock Conversion to Biofuel Fuel Oil Refinery Coprocessing 20-100 million litre/year RFO production facilities Refinery Feedstock

More information

GROWING YOUR BUSINESS WITH BIODIESEL. Copyright 2016 Renewable Energy Group, Inc.

GROWING YOUR BUSINESS WITH BIODIESEL. Copyright 2016 Renewable Energy Group, Inc. GROWING YOUR BUSINESS WITH BIODIESEL BIODIESEL DEMAND DRIVERS 2 WHAT S DRIVING BIODIESEL DEMAND? RVO Federal and state tax incentives Sustainability 3 WHAT S DRIVING BIODIESEL DEMAND? RVO Revised RVO offers

More information

Doing business with Petrobras - Procurement Strategies and Local Content. Policy.

Doing business with Petrobras - Procurement Strategies and Local Content. Policy. Doing business with Petrobras - Procurement Strategies and Local Content Ronaldo M. L. Martins, M.Sc. Market Development, Manager Procurement Department March/2015 Policy. Disclaimer FORWARD-LOOKING STATEMENTS

More information

Biodiesel. Kimmo Rahkamo Executive Vice President

Biodiesel. Kimmo Rahkamo Executive Vice President Biodiesel Kimmo Rahkamo Executive Vice President Biofuels agenda is driven by three elements Climate change Security of supply Biofuels set to gain considerable share in transportation fuels market Domestic

More information

Cellulosic Ethanol and Enzymatic Biodiesel Biofuels Plant Upgrades

Cellulosic 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 information

Global Biofuels Market & Policy Developments

Global Biofuels Market & Policy Developments Global Biofuels Market & Policy Developments Liisa Kiuru Executive Director, International Fuel Quality Center lkiuru@ifqc.org Presented to Missao Tecnica Internacional de Logistica: Petroleo Presentation

More information

Bioenergy Development in Southeast Asia. Fabby Tumiwa Institute for Essential Services Reform Kathmandu, 19 April 2011

Bioenergy Development in Southeast Asia. Fabby Tumiwa Institute for Essential Services Reform Kathmandu, 19 April 2011 + Bioenergy Development in Southeast Asia Fabby Tumiwa Institute for Essential Services Reform Kathmandu, 19 April 2011 + Bioenergy - Benefits Sustainability: a clean and renewable energy source Availability:

More information

Welcome back! In this lecture we are going to discuss more recent developments and some historical patterns in energy/fuels.

Welcome back! In this lecture we are going to discuss more recent developments and some historical patterns in energy/fuels. Welcome back! In this lecture we are going to discuss more recent developments and some historical patterns in energy/fuels. 1 2 By WW1 the world had rapidly converted to internal combustion engines that

More information

CONTRIBUTION OF THE BIODIESEL INDUSTRY TO THE ECONOMY OF THE UNITED STATES

CONTRIBUTION 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 information

Natural 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 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

Bio-Renewable Fuels: Green Diesel

Bio-Renewable Fuels: Green Diesel Bio-Renewable Fuels: Green California Biomass Collaborative 4th Annual Forum Amar Anumakonda, PhD Renewable Energy and Chemicals Business Unit UOP LLC, A Honeywell Company Des Plaines, IL 2007 UOP LLC.

More information

The California Low Carbon Fuel Standard. John D. Courtis August 10-12, 2009

The California Low Carbon Fuel Standard. John D. Courtis August 10-12, 2009 The California Low Carbon Fuel Standard John D. Courtis August 10-12, 2009 Why LCFS GHG Emissions (MMTCO2e) Large GHG Reductions Required to Meet 2020 Target and 2050 Goal 700 600 500 400 300 200 100 0-169

More information

Sinopec Corp. Q Results Announcement. 29 October 2010

Sinopec Corp. Q Results Announcement. 29 October 2010 Sinopec Corp. Q3 2010 Results Announcement 29 October 2010 Disclaimer i As required by the CSRC, financial statements of the third quarter of Sinopec Corp. (the Company ) were prepared under PRC Accounting

More information

Certification Experience from A Biofuels Processor. ISCC Technical Committee South East Asia Meeting Bangkok, 9 April 2012

Certification Experience from A Biofuels Processor. ISCC Technical Committee South East Asia Meeting Bangkok, 9 April 2012 Certification Experience from A Biofuels Processor ISCC Technical Committee South East Asia Meeting Bangkok, 9 April 2012 Safe Harbour Statement The following information contains, or may be deemed to

More information

FOOD, FUEL AND FORESTS BIOFUEL TRENDS IN LATIN AMERICA

FOOD, 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 information

US Shale Liquids Surge: Implications for the Crude Oil Value Chain

US Shale Liquids Surge: Implications for the Crude Oil Value Chain US Shale Liquids Surge: Implications for the Crude Oil Value Chain Praveen Gunaseelan Vantage Point Advisors Matt Thundyil Transcend Solutions COQA Spring Meeting Houston March 2012 Transcend Solutions

More information

April Título da apresentação DD.MM.AAAA

April Título da apresentação DD.MM.AAAA Aquisition of Shell Argentina downstream assets April 2018 Título da apresentação DD.MM.AAAA DISCLAIMER This presentation contains estimates and forward-looking statements regarding our strategy and opportunities

More information

SUCCESSFUL GAS TO POWER PLANT DEVELOPMENT CTRG, MOZAMBIQUE

SUCCESSFUL GAS TO POWER PLANT DEVELOPMENT CTRG, MOZAMBIQUE SUCCESSFUL GAS TO POWER PLANT DEVELOPMENT CTRG, MOZAMBIQUE Africa Utility Week Cape Town Kribs Govender Vice President Business Development Power & Gas 13 May 2015 Forward-looking statements Forward-looking

More information

Biofuels for Power Generation: A Success Story. Hawaiian Electric Company, Inc.

Biofuels for Power Generation: A Success Story. Hawaiian Electric Company, Inc. 1 Biofuels for Power Generation: A Success Story Hawaiian Electric Company, Inc. HEI Profile 2 Market cap (based on closing price of $22.79 on 12/31/10) $2.2B Common Equity $1.5B 2010 revenues $2.7B Assets

More information

Impacts of Options for Modifying the Renewable Fuel Standard. Wallace E. Tyner Farzad Taheripour. Purdue University

Impacts of Options for Modifying the Renewable Fuel Standard. Wallace E. Tyner Farzad Taheripour. Purdue University Impacts of Options for Modifying the Renewable Fuel Standard Wallace E. Tyner Farzad Taheripour Purdue University The Renewable Fuel Standard (RFS) was created in 2005 and modified in 2007 with the objective

More information

Flexible-Fuel Vehicle and Refueling Infrastructure Requirements Associated with Renewable Fuel Standard (RFS2) Implementation

Flexible-Fuel Vehicle and Refueling Infrastructure Requirements Associated with Renewable Fuel Standard (RFS2) Implementation Flexible-Fuel Vehicle and Refueling Infrastructure Requirements Associated with Renewable Fuel Standard (RFS2) Implementation Conducted for The Renewable Fuels Association March 211 47298 Sunnybrook Lane

More information

Biodiesel Industry A Statewide Assessment

Biodiesel 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

A Global Solution for Sustainable Biofuels

A 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 information

Sapphire Energy. Creating the Potential for Fuels from Algae. Presented by Cynthia J Warner, President

Sapphire Energy. Creating the Potential for Fuels from Algae. Presented by Cynthia J Warner, President Sapphire Energy Creating the Potential for Fuels from Algae Presented by Cynthia J Warner, President 0 Liquid transportation fuels are a major source of energy use, though renewables make up a tiny fraction

More information

1. New measures to promote the use of biofuels or other renewable fuels for transport purposes

1. New measures to promote the use of biofuels or other renewable fuels for transport purposes Important Notice: This report has been submitted in the language of the Member State, which is the sole authentic version. Translation into the English language is being provided for information purposes

More information

Updated Assessment of the Drought's Impacts on Crop Prices and Biofuel Production

Updated 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 information

BRAZILIAN PERSPECTIVES ON BIOENERGY TRADE AND SUSTAINABLE DEVELOPMENT

BRAZILIAN 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 information

CITY AND COUNTY OF SAN FRANCISCO TRANSPORTATION BIOFUELS PLANNING STUDY

CITY 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 information

The Renewable Fuels Standard Deja Vu

The Renewable Fuels Standard Deja Vu The Renewable Fuels Standard Deja Vu + + = National Biodiesel Board Conference February 5, 2008 Paul Machiele,, Director Fuels Center EPA s s Office of Transportation and Air Quality 1 RFS1 Presentation

More information

Double- and Relay- Cropping Systems for Oil and Biomass Feedstock Production in the North Central Region

Double- 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 information

Bioenergy: a problem or a solution

Bioenergy: a problem or a solution Bioenergy: a problem or a solution Maija Suomela Palm Oil Campaigner, Greenpeace maija.suomela@greenpeace.org +358 40 1809 303 The potential of bioenergy is significant but it is conditional to many ethical

More information

We re Going Global ETHANOL

We 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 information

ADVANCED & FUTURE FUELS IN MOTORSPORT

ADVANCED & FUTURE FUELS IN MOTORSPORT ADVANCED & FUTURE FUELS IN MOTORSPORT RICHARD KARLSTETTER GLOBAL TECHNOLOGY MANAGER RACING FUELS Shell Global Solutions Deutschland GmbH Shell Global Solutions is a network of technology companies of the

More information

Integrating Renewable Fuel Heating Systems

Integrating Renewable Fuel Heating Systems Integrating Renewable Fuel Heating Systems Better Buildings By Design February 2009 Vermont Sustainable Jobs Fund Accelerating the Development of Vermont s Green Economy Vermont Sustainable Jobs Fund VSJF

More information

NYC s GREEN Fuel Supplier... March 2010

NYC s GREEN Fuel Supplier... March 2010 NYC s GREEN Fuel Supplier... March 2010 About Tri-State Biodiesel Founded in 2004 -- funded and developed by environmental advocates. Headquartered in New York City with operations throughout New York,

More information

Biofuel Potential for Transport Sector in Sudan

Biofuel Potential for Transport Sector in Sudan UNCTAD 17th Africa OILGASMINE, Khartoum, 23-26 November 2015 Extractive Industries and Sustainable Job Creation Biofuel Potential for Transport Sector in Sudan By Abdel Azim Wida a General Directorate

More information

Understanding the RFS and RINs. Geoff Cooper Renewable Fuels Association August 29, 2018

Understanding the RFS and RINs. Geoff Cooper Renewable Fuels Association August 29, 2018 Understanding the RFS and RINs Geoff Cooper Renewable Fuels Association August 29, 2018 Million Gallons To understand RINs, you must first understand the RFS 36,000 Renewable Fuel Standard (RFS2) Statutory

More information

Electricity Technology in a Carbon-Constrained Future

Electricity Technology in a Carbon-Constrained Future Electricity Technology in a Carbon-Constrained Future March 15, 2007 PacifiCorp Climate Working Group Bryan Hannegan Vice President - Environment EPRI Role Basic Research and Development Collaborative

More information

Bioenergy Qualifications

Bioenergy 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 information

Achieving Energy Security and Greenhouse. Biomass Crop Assistance Program. Madhu Khanna

Achieving Energy Security and Greenhouse. Biomass Crop Assistance Program. Madhu Khanna Achieving Energy Security and Greenhouse Gas Reduction Cost-Effectively: The Biomass Crop Assistance Program Madhu Khanna Professor, Agricultural and Environmental Economics University of Illinois, Urbana-Champaign

More information

Biofuels Provisions in H.R and H.R. 6: A Side-by-Side Comparison

Biofuels Provisions in H.R and H.R. 6: A Side-by-Side Comparison Order Code RL34136 Biofuels Provisions in H.R. 3221 and H.R. 6: A Side-by-Side Comparison August 21, 2007 Brent D. Yacobucci Specialist in Environmental and Energy Policy Resources, Science, and Industry

More information

Cellulosic Ethanol from Agricultural Residues

Cellulosic Ethanol from Agricultural Residues The sunliquid -process: Cellulosic Ethanol from Agricultural Residues Dr. Irina Sterr Business Development Manager Central R&D, Süd-Chemie AG Paris, March 15, 2012 1 CRD s Dedicated Biotech R&D Sites with

More information

Ethanol Supply Chain and Industry Overview: More Harm Than Good?

Ethanol 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 information

Preliminary Assessment of the Drought s Impacts on Crop Prices and Biofuel Production

Preliminary 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 information