g.e.t. smart - smart fuels: blue marble energy presentation

A smart fuel would be worthless

The Other Oil Problem

Chemical Market

Oil Refiners Bulk Chemical Mfr. Specialty Chemical Mfr. Flavor / Fragrance Mfr.

Volume

Value

Fuels

Bulk Chemicals

Specialty Chemicals

$$$

$

BME Value Pyramid

4 Target Chemicals

Chemical Retail Profile

iso-propyl formate $1228 / Liter tropical, cocoa, ethereal, solvent

tert-butyl acetate $308 / Liter camphor, blueberry, voc exempt

iso-propyl proprionate

$422 / Liter fruity, sweet, pineapple, banana

propyl butyrate $407 / Liter apricot, rancid, sweaty

Millions of liters of each chemical are sold annually.

Demand outstrips supply - months long backorders are commonplace.

4 Target Chemicals

Chemical RetailCost of Production

iso-propyl formate $1228 / Liter

tert-butyl acetate $308 / Liter

iso-propyl proprionate

$422 / Liter

propyl butyrate $407 / Liter

Millions of liters of each chemical are sold annually.

Demand outstrips supply - months long backorders are commonplace.

$4.50 / Liter

$4.50 / Liter

$4.50 / Liter

$4.50 / Liter

Energy - Equivalent Fuel Prices

Challenges

•High volume - low margin

•Price parity with gasoline

Generation One Fuels

Jatropha Algae Synfuel

Challenges

•Emphasis still on fuel•high volume - low margin•Price parity with gasoline

Generation Two Fuels

How does the petroleum industry make fuel profitable?

They make valuable stuff first!

Anaerobic Fermentation Reactors

Biomass

Primary Products: Organic Acids, AmmoniaSecondary Products: Methane, Hydrogen Sulfide, CO2

Esters & Thiols

Ammonia

Biogas

(Methane, Hydrogen, Hydrogen Sulfide, CO2)

Carboxylic Acids

BME pathway to co-products

AdvancedAnaerobic Fermentation

AGATE System capable of handling high nitrogen biomass through hybridization of bacteria with specific metabolites

AGATE System

AGATE Bioreactor System (Acids, Gases, and Ammonia Targeted Extraction): utilizes hybrid polyculture microorganisms to produce carboxylic acids from a broad portfolio of non-sterile biomass Patents Filed

MEGAN Reaction Column: esterifies base chemicals with intermediates in a single stage utilizing chromatography & sonochemistryR&D Stage

ASHLE (Ammonia Stripping, Hydrogen Liberation Electrolysis): ammonia and hydrogen production from AGATE reactorsR&D Stage

BME Highlights: Core Technologies

$3 per gallon

The Future

Collaboration

•not everyone is going to be vertically integrated •recognize where your tech fits into the bigger picture•collaborate, not for my sake but for your own

Thank you!

www.bluemarbleenergy.net