New Benefuel Refinery Targets Key Flaws in Biodiesel Production

Technology Processes Animal Fats, Uses No Water, Produces Pure Glycerin



Oct 10, 2007, 01:00 ET from Benefuel, Inc.

    CHICAGO and SEYMOUR, Ind., Oct. 10 /PRNewswire/ -- Benefuel, Inc., a
 new-generation biodiesel refining and distribution company, announced today
 that it will build the world's first industrial-scale biodiesel refinery
 leveraging a novel solid catalyst that converts low-grade fats and
 vegetable oils into biodiesel. The plant, planned to be located in Seymour,
 Ind., eliminates the need for water in the refining process and produces a
 market-ready glycerin by-product.
     Benefuel, a Chicago-based manufacturer of the industry's most advanced
 biodiesel refinery, in partnership with Seymour Biofuels LLC, based in
 Indiana, plans to construct a 10-million gallon biodiesel plant that uses
 Benefuel's solid, acid catalyst. The catalyst, developed in collaboration
 with leading chemical engineers from India's prestigious National Chemical
 Laboratory, can turn virtually any vegetable oil or high free fatty acid
 (FFA) animal fat directly into biodiesel without the need for costly
 pre-processing.
     "This is a great leap forward for the entire biodiesel industry, and an
 exciting development for Indiana's farmers and transportation companies,"
 said Rob Tripp, CEO of Benefuel, Inc. "Biodiesel refiners have been looking
 for a breakthrough that reduces feedstock costs, addresses waste glycerin
 disposal, eliminates caustics in the processing stream and reduces the
 environmental impact typically associated with producing biodiesel. The
 economic benefits of a solid catalyst refinery far exceed those of
 conventional refineries, dramatically increasing operating margins to
 create a major shift in how the world produces biodiesel."
     Thanks to the unique nature of the Benefuel catalyst, the operators of
 the new Seymour plant will realize significant production savings through
 the purchase of the lowest-cost feedstock. As an added economic benefit,
 the glycerin by-product of the Seymour refinery will have an initial purity
 of more than 98%, making it market-ready for use in other applications.
     "You couldn't ask for a better location for this facility than right
 here in the heart of soy country," said James Galyen, a partner in Seymour
 Biofuels LLC. "The flexibility and simplicity of the Benefuel refinery will
 allow us to process a much broader range of feedstock in a much more
 profitable and environmentally friendly way. The valuable glycerin
 commodity and use of local feedstock will make this plant a model for
 distributed fuel production. This brings our energy supply back home."
     Officials with both companies expect to begin production later in 2008.
     About Benefuel, Inc.
     Benefuel, Inc. is a new-generation biodiesel refining and distribution
 company whose streamlined production process allows for distributed and
 scalable biodiesel plants that leverage local resources, enable cost
 advantages for producers and distributors, and facilitate expansion of the
 biofuels market. Benefuel's proprietary catalytic technology -- developed
 by a world-leading chemical engineering laboratory -- eliminates the need
 for washing biodiesel in the refining process and expands the range of
 viable feedstock options to include high FFA animal fats, crude vegetable
 oils and waste oils, thus reducing the environmental footprint of biodiesel
 production and ensuring consistent access to feedstock across developing
 markets. Benefuel's refining process yields a market-ready, 98% or higher,
 pure glycerin -- eliminating the crude glycerin waste stream typically
 found in biodiesel production today and generating significant additional
 revenue.
     About Seymour BioFuels LLC
     Seymour BioFuels LLC is a closely held renewable energy investment
 company. It has completed a feasibility study and plans to construct a new
 biodiesel facility in Seymour, Ind. Benefuel's patented technology will
 allow Seymour BioFuels to use multiple feedstocks and produce a premium,
 environmentally friendly source of energy. The city of Seymour was selected
 as the site for the plant because of its access to rail and interstate, as
 well as its access to local agriculture to be used for feedstock. Seymour
 BioFuels plans to market its end product to local distributors, thereby
 eliminating costs associated with bringing in fuel from outside sources.
 Seymour BioFuels is in the process of securing funding to begin
 construction of the new plant. To learn more about Seymour BioFuels LLC,
 please contact us by emailing jgalyen@seymourbiofuels.com or
 mroyalty@seymourbiofuels.com.
 
 

SOURCE Benefuel, Inc.
    CHICAGO and SEYMOUR, Ind., Oct. 10 /PRNewswire/ -- Benefuel, Inc., a
 new-generation biodiesel refining and distribution company, announced today
 that it will build the world's first industrial-scale biodiesel refinery
 leveraging a novel solid catalyst that converts low-grade fats and
 vegetable oils into biodiesel. The plant, planned to be located in Seymour,
 Ind., eliminates the need for water in the refining process and produces a
 market-ready glycerin by-product.
     Benefuel, a Chicago-based manufacturer of the industry's most advanced
 biodiesel refinery, in partnership with Seymour Biofuels LLC, based in
 Indiana, plans to construct a 10-million gallon biodiesel plant that uses
 Benefuel's solid, acid catalyst. The catalyst, developed in collaboration
 with leading chemical engineers from India's prestigious National Chemical
 Laboratory, can turn virtually any vegetable oil or high free fatty acid
 (FFA) animal fat directly into biodiesel without the need for costly
 pre-processing.
     "This is a great leap forward for the entire biodiesel industry, and an
 exciting development for Indiana's farmers and transportation companies,"
 said Rob Tripp, CEO of Benefuel, Inc. "Biodiesel refiners have been looking
 for a breakthrough that reduces feedstock costs, addresses waste glycerin
 disposal, eliminates caustics in the processing stream and reduces the
 environmental impact typically associated with producing biodiesel. The
 economic benefits of a solid catalyst refinery far exceed those of
 conventional refineries, dramatically increasing operating margins to
 create a major shift in how the world produces biodiesel."
     Thanks to the unique nature of the Benefuel catalyst, the operators of
 the new Seymour plant will realize significant production savings through
 the purchase of the lowest-cost feedstock. As an added economic benefit,
 the glycerin by-product of the Seymour refinery will have an initial purity
 of more than 98%, making it market-ready for use in other applications.
     "You couldn't ask for a better location for this facility than right
 here in the heart of soy country," said James Galyen, a partner in Seymour
 Biofuels LLC. "The flexibility and simplicity of the Benefuel refinery will
 allow us to process a much broader range of feedstock in a much more
 profitable and environmentally friendly way. The valuable glycerin
 commodity and use of local feedstock will make this plant a model for
 distributed fuel production. This brings our energy supply back home."
     Officials with both companies expect to begin production later in 2008.
     About Benefuel, Inc.
     Benefuel, Inc. is a new-generation biodiesel refining and distribution
 company whose streamlined production process allows for distributed and
 scalable biodiesel plants that leverage local resources, enable cost
 advantages for producers and distributors, and facilitate expansion of the
 biofuels market. Benefuel's proprietary catalytic technology -- developed
 by a world-leading chemical engineering laboratory -- eliminates the need
 for washing biodiesel in the refining process and expands the range of
 viable feedstock options to include high FFA animal fats, crude vegetable
 oils and waste oils, thus reducing the environmental footprint of biodiesel
 production and ensuring consistent access to feedstock across developing
 markets. Benefuel's refining process yields a market-ready, 98% or higher,
 pure glycerin -- eliminating the crude glycerin waste stream typically
 found in biodiesel production today and generating significant additional
 revenue.
     About Seymour BioFuels LLC
     Seymour BioFuels LLC is a closely held renewable energy investment
 company. It has completed a feasibility study and plans to construct a new
 biodiesel facility in Seymour, Ind. Benefuel's patented technology will
 allow Seymour BioFuels to use multiple feedstocks and produce a premium,
 environmentally friendly source of energy. The city of Seymour was selected
 as the site for the plant because of its access to rail and interstate, as
 well as its access to local agriculture to be used for feedstock. Seymour
 BioFuels plans to market its end product to local distributors, thereby
 eliminating costs associated with bringing in fuel from outside sources.
 Seymour BioFuels is in the process of securing funding to begin
 construction of the new plant. To learn more about Seymour BioFuels LLC,
 please contact us by emailing jgalyen@seymourbiofuels.com or
 mroyalty@seymourbiofuels.com.
 
 SOURCE Benefuel, Inc.