EPA's RFS2 Went Through 2/3/2010

Looks like the EPA finally was able to push RFS2 through.  Biodiesel from WVO and Poultry fat scores a 87% on Greenhouse Gas Reduction compared to diesel.  RINS ticked up a couple of cents but the real question will be if EPA will enforce 2009 and 2010 RINS.  Without enforcement the RINS will stay low.  In our opinion without the $1 tax credit from the IRS, biodiesel will never hit the RFS2 requirement of of 1.1billion gallons for 2009 and 2010.  Will RINS replace the $1tax credit?  Some feedback we have received is it might get to $.60 to $.80 in the tax credits absence but even still it is hard to see biodiesel as competive as something you can pump out of the ground.

Lab Results of anti-gel additive looks promising for Poultry Fat Biodiesel

Lab results showed that a 1:500 ratio of Power Services anti-gel product reduces CFPP to 3f with a blend of B20. 

A.S.T.M. TEST NUMBER	D4176	D2500	D6371	D97	D4928	D287
	Appearance	Winter Operability			Water	API Gravity
		Degrees Fahrenheit			Content
Untreated		CLOUD	CFPP*	Pour	PPM
B100 Biodiesel Sample
9959 B100 Poultry Fat	Gold, hazy	64	no test	40		29.4
N0. 2 Diesel
9437 TN ULSD	pale yellow, clear	12	no test	0	86	31.7
Biodiesel Blends
9437/9959 B5		14	14	0
9437/9959 B5 + AEB 1:1500			-9	-24
9437/9959 B5 + AEB 1:750			-22	-32
9437/9959 B10		14	14	4
9437/9959 B10 + AEB 1:750			-4	-40
9437/9959 B10 + AEB 1:500			-22	NT
9437/9959 B20		17	17	10
9437/9959 B20 + AEB 1:500			3	-22
* CFPP - Cold Filter Plugging Point - The highest temperature at which fuel, when cooled under given conditions will not flow through a prescribed filter.

Plant production put on hold until word of tax credit and RFS2

We decided to put our plant production on hold until word of the tax credit status comes through.  In adddition we are looking for RINS to climb above $.08 in anticipation of RFS2

Production of Soy Methyl Ester

Began processing of SME for use in Georgia of 10,000 gallons for cold weather use.

Production of 1600gallons/day

We began production of 2 x 800 gallon batches per day of B100 using poultry fat.  Our process utilizes sodium methylate, virgin methanol and recovered methanol.