July 2004

Alternative Biofuels Produced for Boiler Operations and Diesel Engine Use

Rome, GA— Peach State Labs, a closely-held specialty polymer chemical company, declared its plans to produce biodiesel, made from soybean oils and other renewable plant oils, for use in manufacturing plant energy and for use in diesel truck fleets. The company is currently on track to produce 60,000 gallons of SOYMET™ renewable source biofuels per month (starting this August), and plans to produce 3 million gallons per month by late 2005.

“Peach State Labs has decided to produce biofuels in response to rising fuel prices, compliance and regulatory issues, customer demand and a desire to produce environmentally-friendly products,” says Rick Sargent, president and CEO of Peach State Labs. “Our biofuel products will help companies comply with government standards for sulphur emissions, while helping to reduce pollution.”

Biodiesel fuel, like PSL’s SOYMET™, will help reduce U.S. reliance on foreign fuel sources and will help to reduce pollution.

Quick facts about PSL’s SOYMET products:

•SOYMET has zero petroleum toxins and lower emissions. Primary byproducts of SOYMET are Co2 and water vapors.
•SOYMET has 0.0003 percent sulphur, compared to 1.45 percent, found in the top selling fuels for manufacturing plant energy needs
•SOYMET produces 17,000 BTUs per pound — this is the equivalent of #6 fuel oil
•SOYMET burns much cleaner and produces the same amount of energy
•3 Million gallons of SOYMET equals 375 tanker trucks per month of biodiesel from Peach State Labs
•SOYMET will be manufactured as 100% biofuel for use in manufacturing boilers used to make steam and B25 (25% SOYMET, 75% diesel fuel) for use in diesel-powered trucks and automobiles

Peach State Labs has strong interest from Georgia-based companies and plans to announce new SOYMET customers over the course of the few months.
Recently, the National Biodiesel Board reported that renewable fuels legislation now being considered for Senate energy packages could boost the U.S. economy by $300 billion and create as many as 300,000 new jobs in many sectors of the economy by 2016.