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INEOS Bio JV Breaks Ground on 1st Advanced Waste-to-Fuel Commercial Biorefinery in U.S.

VERO BEACH, Fla. Feb. 9, 2011 INEOS Bio New Planet Energy $130 million Vero Beach, Florida

http://photos.prnewswire.com/prnh/20110209/AQ44980

The BioEnergy Center technology was developed by INEOS Bio, a part of INEOS, the world’s fourth largest petrochemicals company. INEOS Bio will license the BioEnergy technology globally utilizing decades of INEOS experience as one of the world’s largest licensors of chemical technology.

Peter Williams

Vero Beach, Florida Indian River County

David King

State of Florida $2.5m $50 million $75 million

The Indian River BioEnergy Center will be the first commercial scale project in the world using INEOS Bio’s patented technology. Using naturally occurring bacteria, the technology is able to convert gases derived directly from biomass into bioethanol. Unlike other technologies that rely on one primary source of feedstock, the INEOS Bio process can produce ethanol and renewable energy from numerous non-food feedstocks, including construction and municipal solid waste, forestry and agricultural waste. This flexibility also allows facilities like the Indian River BioEnergy Center to be built anywhere in the world, wherever there is waste, providing jobs and locally-sourced renewable energy for urban and rural communities.

3D Image of the Indian River BioEnergy Center is available.

Note to editors

INEOS New Planet BioEnergy   December 2009 $50 million the United States www.inpbioenergy.com

INEOS Bio www.ineosbio.com

the United States $40bn www.ineos.com

New Planet Energy www.newplanetenergy.com

SOURCE INEOS New Planet BioEnergy

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