The Renewable Fuel Standard (RFS) has worked as intended to spawn investment in the advanced biofuel sector — but the continued growth of this industry is at significant risk because of the U.S. EPA’s proposal to gut the RFS and increase the amount of oil in gasoline.

1. BIOTECHNOLOGY INDUSTRY ORGANIZATION 1
Brent Erickson
EVP
Biotechnology Industry Organization (BIO)
The RFS: Driving
Biofuels Investment

2. BIOTECHNOLOGY INDUSTRY ORGANIZATION 2
Existing and Planned Biorefineries
Currently 29 states have at least
one existing or planned
biorefinery, 85 facilities in all.
Innovation includes renewable
chemicals and advanced biofuels.
Commercial and pilot facilities
have created 7,500 permanent
employment opportunities and
more than 6,000 construction jobs.
Companies have invested $5.8
billion in private capital.
100 million gallons of commercial
cellulosic biofuel coming online in
2014.
Additional 100 million gallons in
planning for future years.

3. BIOTECHNOLOGY INDUSTRY ORGANIZATION 3
EPA Proposed RVO: Impact on the
Environment Is Clear
Decreased use of biofuels
automatically increases use of
petroleum and associated
CO2e emissions.
Undercutting development of
advanced biofuels foregoes
future emission reductions.
Effect is as large as adding
5.9 million cars to the road or
opening 7.5 new coal-fired
power plants. 1,700,000
1,750,000
1,800,000
1,850,000
1,900,000
1,950,000
2,000,000
2,050,000
2,100,000
2,150,000
2,200,000
2,250,000
2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Emissions (CO2e) under Modeled RFS (thousand metric tons per year)
Source: GREET1.2013, w/LUC
Emissions (CO2e) under Statutory RFS (thousand metric tons per year)
Source: GREET1.2013, w/LUC

4. 44
DuPont
Industrial Biosciences
Cellulosic Ethanol Facility- Nevada, IA
29 April 2014 DuPont Confidential 4
Aaron Whitesel, Government Affairs

6. DuPont Cellulosic Ethanol Business
Copyright © 2014 DuPont. All rights reserved 6
Operating commercial plant
to demonstrate technology
Global licensing strategy
Support licensees globally
Initial focus on: corn stover, bagasse, energy crops
Full service licensing offering to global customers:
Technology package
Proprietary Equipment
Technical Support
Biocatalyst Supply
Feedstock Supply Consulting
February 2014

7. DuPont is building the largest commercial CE biorefinery
in the world located in Nevada, IA
Site Progress on track for 2014 opening
February 2014 Copyright © 2014 DuPont. All rights reserved 7

8. Construction progress
February 2014 Copyright © 2014 DuPont. All rights reserved 8

9. Site on track for 2014 opening
All major vessels installed
Copyright © 2014 DuPont. All rights reserved 9February 2014
Phases of fermentation construction

18. Author
Author’s Title
Event
Date
Presentation Title
POET-DSM Advanced Biofuels:
Two Innovative Companies
One Shared VisionDoug Berven
Vice President of Corporate Affairs, POET
Project LIBERTY

19. Page
Project LIBERTY facts
• Joint venture between POET
and DSM
• 25 million gallons per year
• Consumes 770 tons/day of
crop residue (corn cobs,
leaves, husk, stalk)
• 80%+ reduction in
Greenhouse Gasses
• 40 biorefinery jobs
• $1.6 million annual
payroll/benefits
• $1 million+ annual impact on
local taxing entities
• $20-$25 million annual revenue
for farmers from feedstock

20. Page

21. Page

22. Page

23. Page
POET’s corn
ethanol efficiency
• POET spends millions annually
on R&D to improve corn ethanol
efficiency.
• Increased ethanol yield by more
than 8% since 2001
• Cut energy use by 30% since
2001
• Cut water use from 17 gal/gal of
ethanol in 1987 to 2.6 gal/gal of
ethanol today

24. Page

25. Quad County Corn Processors
Adding Cellulosic Ethanol (ACE)
Galva, Iowa
Delayne D. Johnson, CEO
delaynej@Quad-County.com
(712) 282-4305 Ext 102

26. Quad County Corn Processors
Adding Cellulosic Ethanol (ACE)

27. ACE Process Schematic
Beer
Stripper
Rectifier Side
Stripper
2nd Whole
Stillage
Centrifuge
Thin Stillage Evapor-
ators
Syrup
Wetcake
Evap
Condensate to
Slurry
Thin Stillage
to Slurry
Side Stripper Bottoms
to Slurry
Drying
Dry Storage
Whole Stillage
PreTreatment
Whole Stillage Fermentation
Whole
Stillage
Distillation
Beer from
Beerwell
Thin Stillage
to Slurry
190 Proof to Mole
Sieves
Fueling America... Energizing Livestock

28. ACE Bolt-On Technology Industry Impact
 ACE creates additional 6% cellulosic ethanol from
corn kernel cellulose
 840 MGPY
 ACE creates additional 1.1# of distillers oil per
bushel of corn processed
 2 billion gallons per year
 Biodiesel production
 Feed
 High Protein Feed
 Phase II - ACE will create additional 5% cellulosic
ethanol from corn kernel hemi-cellulose
 700 MGPY
Fueling America... Energizing Livestock

29. Significantly Reduced
Carbon Footprint!
 Cellulosic ethanol increases yields 6%
 Increase corn processing capacity by 15-20%
 Combo decreases natural gas usage by 20-25%
ACE +
Fueling America... Energizing Livestock

30. ACE and the RFS
Fueling America... Energizing Livestock

31. Cellulosic Ethanol Produced by
ACE Technology
 Planned 2013: 1BILLION
 Revised 2013: (850 MGPY)
 ACE potential: 840 MGPY
 ACE (Phase II) potential: 700 MGPY
 ACE Total Potential: 1.54 BILLION
Fueling America... Energizing Livestock

32. Quad County Corn Processors
ACE Production Begins June 2014