Company Name
INEOS Bio

Company Web Site
http://www.ineosbio.com/

Headquarters
Lisle, IL

Latest News
December 3, 2009
Lisle, IL - The U.S. Department of Energy (DOE) today announced it has selected INEOS Bio and its partner, New Planet Energy, for a $50 million dollar grant for its advanced bioenergy facility in Indian River County, Florida. The grant was announced jointly by DOE Secretary Steven Chu and USDA Secretary Tom Vilsack. The facility will be the first to use INEOS Bio's advanced BioEnergy technology, the world's leading feedstock flexible technology for production of both bioethanol and renewable power.

The INEOS New Planet BioEnergy Joint Venture will own and operate the commercial facility. It will produce eight million gallons of third generation bioethanol per year from renewable biomass including yard, wood and vegetative wastes. The facility will also generate clean renewable power for export to the Florida market. This investment will bring clean tech employment to the Treasure Coast region of Florida, creating approximately 120 construction jobs over the next two years and 40-50 full time jobs.

In commenting on the grant, INEOS Bio CEO Peter Williams highlighted the benefits of the INEOS Bio technology: "This breakthrough technology will substantially reduce net greenhouse gas emissions from cars and energy generation. Not only does it reduce the amount of waste going to landfills, but it also breaks the link between food crops and bioethanol production. The ability to make fuel from agricultural waste and municipal solid waste opens up a whole new avenue to achieving sustainable energy independence." Added Williams, "We appreciate the continued support of the DOE as we commercialize this world-class technology in the U.S."

Commenting on the announcement, W.L. "Tex" Carter, President of New Planet Energy, said: "We are grateful to the U.S. Department of Energy for its endorsement of this worldchanging technology. We intend to move forward to achieve full commercial production at the facility by late 2011."

The INEOS Bio process is an efficient, affordable and flexible conversion technology. At the heart of the INEOS Bio technology is a patented anaerobic fermentation step, through which naturally occurring bacteria convert gases derived directly from biomass into bio-ethanol. The process supports high recycling and high landfill diversion rates. Unlike other technologies that rely on one primary source of feedstock, the INEOS Bio process can produce bioenergy from numerous feedstocks, including forestry waste, agricultural waste, sustainable energy crops, construction waste and municipal solid waste. This feedstock flexibility allows facilities to be built anywhere that a renewable biomass feedstock is available, providing good jobs and locally sourced energy for urban as well as rural communities.

Funding
$50 million from DOE.

Technology
1 Feed Handling
The INEOS Bio process is feed flexible. Organic materials are economically dried using heat from the process before being fed into the gasifier. The process is fully compatible with high recycling rates.

2 Gasification
Organic material is gasified with oxygen at high temperature under controlled conditions to produce synthesis gas, or syngas, a mixture of principally carbon monoxide and hydrogen. Syngas has valuable chemical energy.

3 Energy Recovery
The hot syngas is cooled and cleaned before being introduced to the fermenter. The heat recovered from the hot syngas is used to generate renewable power for use in the process.

4 Fermentation
The cool, clean syngas is introduced to our patented bacteria, which convert it selectively to ethanol. The bacteria biocatalyst is far more effective than all known conventional catalysts for syngas conversion to fuels.

5 Bacteria
Our naturally-occurring bacteria are at the heart of our process. The bacteria are found in nature where they have evolved to efficiently convert carbon monoxide and hydrogen to ethanol. They are maintained in a healthy state with the help of small amounts of essential nutrients to achieve a high yield of ethanol.

6 Ethanol Purification
Most of the water is removed from the ethanol to produce hydrous ethanol, which is around 96% ethanol in 4% water. The water is returned to the fermenter.

7 Ethanol Drying
Finally, the ethanol product is refined to produce anhydrous ethanol (>99.7% ethanol), which can be used as a clean, green transport fuel or as a renewable chemical intermediate for the production of a variety of plastics.

8 INEOS Bio Ethanol use
The INEOS Bio Ethanol delivers 90% Greenhouse gas savings compared to burning petrol (gasoline) in a car and it is potentially cheaper than petrol. The INEOS Bio Ethanol process can convert wastes generated locally into clean, renewable, cost-competitive transport fuel for use locally.