New Generation Biofuels Holdings Inc
New Generation Biofuels — Investor Presentation (July 2009)
26 slides from New Generation Biofuels's investor presentation, Jul 17, 2009
Slide 1: New Generation Advanced Renewable Technology
New Generation Advanced Renewable Technology May 21, 2009 New Generations Advanced Renewable Technology
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation contains forward-looking statements. These forward- looking statements concern the Company's operations, prospects, plans, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements invol
Slide 3: Introduction
Introduction New Generation Biofuels is a renewable biofuels provider that is currently producing and marketing a new class of “second generation” biofuels NGB Biofuel can be used anywhere petroleum diesel is used A simple precision blend of commonly available additives and vegetable oil that yields
Slide 4: Investment Highlights
Investment Highlights ° Significant Market Opportunity — 10+ billion gallons — Power plants — Commercial and industrial process and space heating — Marine transportation * Superior renewable energy solution for power plants, large commercial and industrial heating, and marine customers e Producing a
Slide 5: Growth Drivers
Growth»Drivers * Obama administration and Congress are moving toward a renewable fuel portfolio standard and a carbon cap and trade system * The Energy Policy Act of 2005 (“EPACT 2005”) established minimum nationwide requirements for production of renewable fuels - 7.5 billion gallons by 2012 * More
Slide 6: Current Market Opportunity
Current Mar Sector Size Opportunity Power plants | 3.4 B gallons Power plants eligible for Renewable energy credits; constrained by emissions limitations Commercial 5.2 B gallons Large facilities taking leadership role in Industrial reducing greenhouse gases Process/ Space Heating Marine >2.1B gallo
Slide 7: Product Lineup
Product Lineup * NGB currently is commercializing two versions of its fuel — Classic — lowest cost product intended for applications where a lower flash point is acceptable — Ultra HF — premium product with higher flash point and energy content * Both fuels provide significant NOx and SOx advantages
Slide 8: Illustrative Unit Economics
rormmuia_|_sne wisi gear fast | coms Diese! All commodity coats are pot prices April 16, 2009 ‘The information presented is an illustrative example of unit economics for New Generation Biofuels intended to assist investors in understanding how various factors might affect the company's costs and gro
Slide 9: Illustrative Unit Economics
Illustrative Unit Economics Jciseste Reo pve | Poultry rat] com extract | usc iow [Forme | ere wea] raat Sioat ‘sieet Sigal | ume cieset how various factors might affect the company’s costs and gross margin. The example is not based on actual or projected figures, and actual results are likely to di
Slide 10: Technical Advantages
Technical Advantages * Readily used at 100% strength without material equipment performance issues or modifications — tuning only ¢ Fuel properties — can be customized to meet economic and physical requirements of specific customer applications * Pour point < 0 degrees F * No solvent property issues
Slide 11: Environmental Advantages
Environmental Advantages * NGB’s carbon footprint is very favorable to other fuel technologies due to our formulation technology, manufacturing processes, and combustion performance. * Significantly lower SO, emissions than diesel: — Reduces emissions that can cause acid rain — Eliminates formation
Slide 12: Cost Advantages
Cost Advantages * Production process largely consists of a precision blending or emulsification process: — Significantly lower capital costs than alternatives — Less energy intensive so production costs are lower than alternatives — No significant by-products, wastes, emissions or discharges, so “BT
Slide 13: Simple, Low-Cost Production Process
Simple, Low-Cost Production Process * Traditional biodiesel production process Alcohol Alcohol L — 1 Biodiese! Vegetable ai + mixing “heat Cate — iat Mineral Acid Fatty Acids ‘Source: National Biodiese! Board * New Generation Biofuel production process + Vegetable oil + Additive + Water 4 Surfactant
Slide 14: NGB Baltimore Plant
NGB Baltimore’ Plant ¢ First Production Facility Completed * February 2009 * Nominal 5 million gallons/year capacity * Expandable to 50 million gallons/year ¢ Process improvements to deliver consistent quality * Excellent results in first four production runs "e) New Generation Advanced Renewable Te
Slide 15: Product comparison
The product Brooks boiler, comparison Advanced Renewable Technology
Slide 16: Field Results - Gas Turbines
Field Results = Gas turbines * Dynegy — 3successful tests at Oakland, CA peaking plant — Pratt & Whitney FT4 Aero derivative Gas Turbine technology (25mgwt) — Tests performed on multiple formulations, including recycled vegetable oil — NOx emissions 60% lower than uncontrolled baseline — Signed Comm
Slide 17: Field Results - Boilers
Field Results — Boilers * Delta Chemical Corporation — successful tests at Baltimore , MD - Cleaver-Brooks 1970, 150HP Fire tube boiler - Tests performed on multiple loads — NOx emissions 45% lower than uncontrolled baseline LSNo2 oil — $02 almost non existent - Signed Commercial scale contract Marc
Slide 18: Disciplined Strategy for Growth
Disciplined Strategy for Growth * Leverage current relationships in power generation market * Bring potential customers to Baltimore to see production and product usage at local customer’s facility — live demos * Sign up Agents/Distributors who can bring an existing customer base * Expand into Centr
Slide 19: Recent Sales Contracts
Recent Sales Contracts * Tri Gas and Oil Co. (Federalsburg, MD) — Distribution contract/sales volumes TBD * Delta Chemical (Baltimore, MD) — 371,000 gallons * Catoctin Mountain Growers (Keymar, MD) — 370,000 gallons * Taunton State Hospital (Taunton, MA) — 220,000 gallons * Seaboard Asphalt (Baltimo
Slide 20: Robust Pipeline of Opportunities
Robust Pipeline of Opportunities Power Plants (3.4 B gallon potential market) * Active discussions with 50+ potential customers * Potential for very large orders from individual customers * Management team well connected in industry Commercial / Industrial Process / Space Heatin, (5.2 B gallon poten
Slide 21: Building Strong Momentum
Building Strong Momentum * Completed construction of first commercial-scale plant in Baltimore * Continued Successful Application Testing — Progress Energy — Delta Chemical — Catoctin Mountain Growers * Signed 5 sales/distribution contracts since end of March * Delivery of 52,000 gallons of fuel per
Slide 22: Balance Sheet
Balance Sheet Unaudited Audited ‘March 31. December 31. 2009 2008 ASSETS ‘Current assets: Cash 5 2.600.388 5 1476246 Accounts receivable = 22,943 Prepaid expences 703.970 195.369 Total current assets T304358 Tesd535 Property and Equipment - net 309.263 378.946 ‘Other assets 424361 302.208 License ag
Slide 23: Experienced Management
Experienced’ Management Cary J. Claiborne, Chief Executive Officer, Chief Financial Officer and Director + Osiris Therapeutics, Chief Financial Officer (2004-2007) + Constellation Energy Group, VP Financial Planning (2001-2004) + Senior leadership positions with MCI, Home Depot and General Electric
Slide 24: Experienced Management
Experienced’ Management David Goebel, Jr., Vice President — Global Sourcing & Supply Management + MeadWestvaco — acting Vice President, Supply Chain / Director of Customer Service + ExxonMobil ~ 20 year career with leadership responsibilities in manufacturing, engineering, supply chain, operations,
Slide 25: Strong Board of Directors
Strong Board of Directors Lee Rosen, Chairman Phillip E. Pearce John E. Mack J. Robert Sheppard Jr. Steven F. Gilliland Founder and Private Investor Former Chairman of the Board of Governors of the NASD; Former Governor of the NYSE Former Sr. Managing Executive Officer, Shinsei Bank; Bank of America
Slide 26: Investment Highlights
Investment Highlights ° Significant Market Opportunity — 10+ billion gallons — Power plants — Commercial and industrial process and space heating — Marine transportation e Superior renewable energy solution for power plants, large commercial and industrial heating, and marine customers e Producing a
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