Denver World Oil ForumNovember 10, 2005

Biodiesel

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

A cleaner-burning, renewable, and domestically produced diesel fuel

Blue Sun Mission

Highest Performance Fuel

Cleaner & Healthier Air

Rural Economic Development

Energy Independence

Vertically Integrated Model

Feedstock

Processing

Marketing

From the Farmer… to the Fuel Tank

Energy CropR&D

Farming

Oilseed

Meal

Crushing Crop Oil

Biodiesel Production

Biodiesel

MarketGlycerin

Blue Sun Genetics

Lower cost Higher quality

Results in a sustainable competitive advantage

• Higher lubricity

• Higher cetane

• Better cold flow properties

• Better oxidative stability

• Lower input costs

• Requires less water

• Lower land costs

• Higher oil content

The development of a more productive oilseed is a key strategic objective

San Luis Valley

High Plains

Blue Sun B20A Better Fuel vs. Diesel

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

BenefitsFeatures

Blue Sun AdvantagesCleaner Emissions vs. Diesel

Emission Type B100 B20 Blue 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

Blue Sun Biodiesel

The Official Fuel of Cummings Racing

Thank you