About Us

1
About Us
We are -
Renewable Energy Technologies, LLC
A joint venture of West Central and Todd
Sargent.
2

• West Central was incorporated in 1933 in Ralston,
  Iowa, which is still its headquarters.

• Todd Sargent began in Ames, Iowa in 1938.

3

• West Central has been adding value to member
  soybeans since the 1940s
• Processing and Manufacturing for over 60 years.

1940

• New Soy Center built in 1990 expanded in 1996
  and 2002 by Todd Sargent
• Biodiesel plant added 2002 by Todd Sargent

2002
4

• West Central has annual sales of 250 million
• Employs 250 people
• Processes 8 million bushels of soybeans at the
  Soy Center and processes 27 million pounds of soy
  oil into alkyl esters, annually

5

• Todd Sargent has annual sales of 70 million
• Employs 50 office and 200 field personnel
• Projects vary from a 5 million shuttle train
  loading facility in Mississippi to 40 million
  soybean processing plant in Minnesota

6

• West Central Soys primary product, SoyPLUS,
• is a high protein source for ruminants

• Soy Oil is transesterified into Biodiesel

• Todd Sargents primary products are slip form
  concrete and processing plants for various
  industries

7

• West Central is a member of

• Todd Sargent is affiliated with

8
Our Staff Includes

• Gary Haer, Vice President, National Biodiesel
  Board
• Myron Danzer, serving on the NBB National
  Accreditation Committee
• Bill Bokhoven P.E., American Concrete
  Institute/ACI 313 Member Chair
• Lee Sargent, Chairman of National Fire Protection
  Association 61 Board

9
Our Process Includes

• Continuous transesterfication
• State of the art computerized process controls
• Stringent process safety management

• Assist in site selection
• Process design and engineering
• Environmental safeguards featuring zero alcohol
  and water emissions

10

• Process hazard management and procedures
• Structural, mechanical and electrical engineering
• Control system engineering

• Construction oversight
• Employee training
• Start-up and operations

11

• Marketing biodiesel
• Chemist / Laboratory procedure updates
• Updates on process

• Research and Development

• Safety training

• Employee training

Optional through West Central Soy
12

• Todd Sargents 64 years of experience provides
  you bottom line the finest facilities.
• West Centrals 60 years of experience provides
  you bottom line the best value in biodiesel
  production.

13
Contacts

• Nile Ramsbottom
• Myron Danzer
• Phil Sargent
• Lee Sargent
• Clint Steele

712-667-3318 712-667-3390 515-956-4814 515-956-481
4 515-956-4814
14
Alcohol, Catalyst, Neutralizing Agent Procurement

• Specifications
• Vendor selection
• Materials requisition
• Vendor certification

15
Contacts

• Myron Danzer
• Sales/Production Project Manager,
• West Central 712-667-3390
• Bev Tierney
• Soy Oil Marketing Coordinator,
• West Central 712-667-3340
• Nile Ramsbottom
• Executive Vice President Soy/Nutrition,
• West Central 712-667-3318

16
Biodiesel Marketing

• Biodiesel industry leader
• National Biodiesel Accreditation Committee
• National Biodiesel Board Officer
• Active in developing favorable legislation for
  biodiesel

• Developed an extensive biodiesel distribution
  network to meet present and future demand
• Developed strong relationships with key industry
  players

17
West Central Soy

• Current Markets
• EPACT
• Niche B20 market
• Low blends
• Future Markets
• Mass fuel market
• Distribution
• Petroleum marketers
• Terminals
• Industry

18

• Current Business Plan

• Transaction Processing
• Raw Material Procurement
• Supply and Exchanges
• Co product Marketing

• Marketing and Sales
• Market Development
• Market Analysis
• Distribution and Logistics
• Risk Management

19
U.S. Market

• Diesel Fuel
• Annual US demand for diesel is 55 billion gallons
• Annual on-highway usage is 32 billion gallons
• Annual market growth rate is 5

• Biodiesel
• Government regulations are the primary drivers
• New regulations regarding sulfur content in
  diesel fuel will drive future growth
• Renewable Fuel Standard
• Excise Tax Credit for Biodiesel fuel blends
• Elimination of EPACT restrictions for biodiesel
• State Initiatives

20
Biodiesel Customers

• US Dept of Defense DLA, 3m gal
• US Air Force, Marines, Army nationwide
  authorization
• Airport-shuttles, emergency vehicles, ground
  equipment
• 200 B20 Fleets
• US Capitol generators
• Ski Resorts, National Parks
• Mobile Generators (trains) in CA
• B2 Customers
• MFA Oil, Countrymark, Growmark, Country Energy,
• Wal-mart

21
Industry-wide Biodiesel Production
22
Legislative Activities
23
Midwest Biodiesel Demand at 2
24

Biodiesel Tax Bill

S. 1058 Hutchinson/ Dayton
Senate Finance Committee
Lincoln/ Grassley Amendment
Comprehensive Energy Package
CAFÉ Standards
5 billion gal. Renewable Fuel Standard
Other Major Provisions
Tax Provisions
Senate Floor Action
HR 4843 Kenny Hulshof
Conference with House on H.R. 4
25
Comprehensive National Renewable Standard

• Biodiesel and Ethanol
• Complimentary to greater
• ethanol production

• Economic Impact of greater biodiesel usage

• 1 35 billon gallons
• 350 million gallons
• 350 million gallons 2.6 billion lbs.
• 2001 soy oil surplus 2.8 billion lbs.
• Use oil from 235 million bushels

• Minnesota B2 16 million gallons of biodiesel
• 16m ga. 11 mil. bushels
• (similar efforts contemplated for ND, SD, NE, KS,
  KY, DE)

26
Excise Tax Credit for Biodiesel Approved

• Biodiesel becomes competitive with petroleum
  diesel
• Biodiesel becomes a fuel commodity and is used as
  a mainstream fuel component
• New Biodiesel production comes on line and supply
  of biodiesel in the market increases
• Companies with downstream infrastructure in place
  capitalize on the increased demand for biodiesel

27
Requirements for Marketing Success

• Key industry relationships

• Reliable Biodiesel supply
• Technical knowledge and application
• Continued market development
• Market planning and strategy for all products

• Strong partnerships

• Transportation

28
Contacts

• Nile Ramsbottom
• Executive Vice President Soy/Nutrition,
• West Central 712-667-3318
• Gary Haer
• Soy Product Sales Manager
• West Central 913-884-8521
• Bev Tierney
• Soy Oil Marketing Coordinator
• West Central 712-667-3340