1. A smart fuel would be worthless

2. The Other Oil Problem

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

5. BME
Value Pyramid
$$$
Specialty
Chemicals
Value
Bulk Chemicals
$
Fuels
Volume

6. Chemical Retail Profile
tropical, cocoa,
iso-propyl formate $1228 / Liter ethereal, solvent
camphor, blueberry, voc
tert-butyl acetate $308 / Liter exempt
4 Target Chemicals
iso-propyl fruity, sweet,
$422 / Liter pineapple, banana
Millions of liters of each chemical are proprionate
sold annually.
Demand outstrips supply - months propyl butyrate $407 / Liter apricot, rancid, sweaty
long backorders are commonplace.

7. Cost of
Chemical Retail
Production
iso-propyl formate $1228 / Liter $4.50 / Liter
tert-butyl acetate $308 / Liter $4.50 / Liter
4 Target Chemicals
iso-propyl
$422 / Liter $4.50 / Liter
Millions of liters of each chemical are proprionate
sold annually.
Demand outstrips supply - months propyl butyrate $407 / Liter $4.50 / Liter
long backorders are commonplace.

8. Energy - Equivalent Fuel Prices

9. Challenges
•High volume - low margin
•Price parity with gasoline
Generation One Fuels

10. Jatropha Algae Synfuel
Challenges
•Emphasis still on fuel
•high volume - low margin
•Price parity with gasoline
Generation Two Fuels

11. How does the petroleum
industry make fuel profitable?

12. They make valuable stuff first!

13. Carboxylic
Acids Esters &
Thiols
Biomass Ammonia
Anaerobic Fermentation
Reactors
Biogas
(Methane, Hydrogen,
Hydrogen Sulfide, CO2)
Primary Products: Organic Acids, Ammonia
BME pathway to co-products Secondary Products: Methane, Hydrogen Sulfide, CO2

14. AGATE System capable of
handling high nitrogen
biomass through hybridization
of bacteria with specific
metabolites
Advanced
AGATE System Anaerobic Fermentation

15. $3 per gallon
BME Highlights: Core Technologies
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 & sonochemistry
R&D Stage
ASHLE (Ammonia Stripping, Hydrogen Liberation
Electrolysis): ammonia and hydrogen production
from AGATE reactors
R&D Stage

16. 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

17. Thank you!
www.bluemarbleenergy.net