“the practical solution to advanced biofuel production”
TRANSCRIPT
““The Practical Solution to The Practical Solution to Advanced Biofuel Production”Advanced Biofuel Production”
“… for decades, we have failed to act with the sense of urgency that this challenge requires…”
“There is currently an opportunity to transform the production of biofuels in the U.S. in order to fulfill the mandates of EISA and capture a significant portion of this $70 Billion Dollar a year industry.”
- Philip Herman, President and CTO of EPEC
Its all in the Sugar…Its all in the Sugar…
Sweet sorghum: sugar-rich crop can be grown throughout the U.S. efficiently converted to Ethanol 28 time more efficient than corn!
Offers the U.S. biofuel industry the same potential as sugarcane did in Brazil…
Sweet sorghum “is the Sweet sorghum “is the only crop that can save only crop that can save the United States”the United States”
-- Dr. Ismail Dweikat, University Nebraska-Lincoln Ethanol Producers Magazine
Sweet SorghumSweet SorghumAttributes of Sweet Sorghum as an energy crop: Sugar-Rich Stalk for direct processing Net Energy Yield of 8:1 (28x Efficiency of Corn) Rapid Growth Rate: Maturity of 12-14’ in 4 months Multiple harvests per year in better climates Uses less water, less fertilizer than corn or sugarcane Drought tolerant Use as biofuel has no effect on food supplies Excellent ethanol yield per acre
“Sweet sorghum will do for the U.S. biofuel industry, what sugarcane did for Brazil.”
- Steve Vanechanos, Director, Sweet Sorghum Ethanol Ass’n, and
Chairman of EPEC Biofuels Holdings, Inc.
Introduction to Introduction to EPEC Biofuels Holdings, Inc.EPEC Biofuels Holdings, Inc.
Uncommonly Practical Solution
Readily Achievable Production
Significantly reduce the technology risk and capital required to achieve commercial scale ethanol production…
Introduction to Introduction to EPEC Biofuels Holdings, Inc.EPEC Biofuels Holdings, Inc.
Patent pending business model
Designed to optimize the benefits of sweet sorghum, and not corn
EPEC… Public Support … EPEC… Public Support … Senator Daniel Inouye
Senator Mary Landrieu and L.E.D. Senator Thad Cochran, Roger Wicker Governor Haley Barbour Mississippi Development Auth. Senator Marco Rubio Rep. Debbie Wasserman Schultz Florida Opportunity Fund: Florida Farming association for first demonstration facility for Fall 2011
RFS Year Gallons/Yr $ Value
2012 15.2 billion $ 30.4 billion
2015 20.5 billion $ 40.5 billion
2018 26.0 billion $ 52.0 billion
2022 36.0 billion $ 72.0 billion* Based on $2.00 per gallon
The Opportunity:The Opportunity:
The Energy Independence and Security Act of 2007 (“EISA”) mandates annual minimum levels
of advanced biofuel production as follows:
The Opportunity:The Opportunity: Corn-based ethanol capped (15 billion) Cellulosic ethanol production disappointing The EPA recently slashed cellulosic target from 250 million to under 25 million gallons to reflect the industry’s inabilities capabilities to produce cellulosic ethanol!
Without a viable alternative, prospects for achieving EISA requirements are unlikely…
How are we going to create How are we going to create alternative biofuels to fulfill the alternative biofuels to fulfill the
mandates of EISA ??? mandates of EISA ???
A model for affordable, cost-effective ethanol production based on proven methods for converting sugar into ethanol.
Goal is to be the low-cost ethanol producer!
EPEC Has the Answer…EPEC Has the Answer…
A distributed network, of low-cost factory-built, farm integrated, ethanol production facilities.
Features of EPEC Business Model:
Farm Integrated Production Distributed Network Business Model Low-Capital, Factory Built Modular Equipment Cooperative “Host Farmer” Program
EPECEPEC’’s Model for s Model for Ethanol Production Ethanol Production
Facility Model Facility Model
Facility Capital Costs Facility Capital Costs
Large Scale Cellulosic Facilities:
Capital Cost up to $10/gal
Epec Farm Integrated Facilities:
Capital Cost < $2/gal
EPEC Business Model EPEC Business Model
Distributed Network of
Ethanol Production Units -- “EPU’s”
Low-Cost Factory Built Modular Equipment Set up directly on the farm !
EPEC’s ManagementEPEC’s Management
Executive ManagementPhilip Herman – President & CTOMichael Dressner - COOSteven Relis - CFOSteven Heller – CLOSam Salamay – Bus. Development
Board of DirectorsSteven Vanechanos – ChairmanPhilip HermanDr. William RooneyDr. Danielle BellmerJames R. HydeMichael Dressner
Host FarmerHost FarmerTMTM Program Program
Own & Operate EPU on Farmer’s Land Contract Farmer to Grow Sorghum Pay Harvesting and Royalty Fees Provide Valuable By-Products to Farmer
“Ultimate Community Economic Development Opportunity”
5 Year Deployment Strategy:5 Year Deployment Strategy:
EPU Deployment 2011 2012 2013 2014 2015 2016
EPU’s Planned 0 3 12 30 55 100
Total Operating 0 3 15 45 100
200
5 Year Financial Summary 5 Year Financial Summary
Single Facility Model Single Facility Model
1,000 acres of farmland for sorghum
875,000 gallons of ethanol per year*
$2,000,000 in annual revenues
Net Profit per EPU = $468,000 Pre-tax
What We Are SeekingWhat We Are Seeking EPEC is seeking $5 Million Dollars and a financial sponsor to help finance and guide the company through development and expansion…
Long Term Project Financing OpportunityUp to $100,000,000…
Self Registration to be Public Entity…
Summary Summary
EPEC is leading the EPEC is leading the revolution to ethanol revolution to ethanol
production from production from Sweet Sorghum…Sweet Sorghum…
Helping the U.S. Economy Empowering U.S. Farmers Creating Local Jobs Cleaner Environment Renewable Fuels Preserve Natural Resources National Security Energy Independence
The EPEC SolutionThe EPEC Solution
“… for decades, we have failed to act with the sense of urgency that this challenge requires…”
EPEC Biofuels Holdings, Inc.EPEC Biofuels Holdings, Inc.1776 N. Pine Island Road, Suite 316
Plantation, FL 33322Tel: 866-878-3461Fax: 954-332-1346
www.epecholdings.com