1. of West Central ® and Todd & Sargent.
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 1940’s
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 Soy’s primary product, SoyPLUS,
is a high protein source for ruminants
Soy Oil is transesterified into Biodiesel
Todd & Sargent’s 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. Gary Haer, Vice President, National Biodiesel Board
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. Chemist / Laboratory procedure updates
Marketing biodiesel*
Chemist / Laboratory procedure updates
Updates on process
Research and Development
Safety training
Employee training
*Optional through West Central Soy

12. Todd & Sargent’s 64 years of experience provides you – bottom line – the finest facilities.
West Central’s 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

14. Alcohol, Catalyst, Neutralizing Agent Procurement
Specifications
Vendor selection
Materials requisition
Vendor certification

15. Contacts: Myron Danzer Sales/Production Project Manager,
West Central
Bev Tierney
Soy Oil Marketing Coordinator,
West Central
Nile Ramsbottom
Executive Vice President Soy/Nutrition,
West Central

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
Marketing and Sales
Market Development
Market Analysis
Distribution and Logistics
Risk Management
Transaction Processing
Raw Material Procurement
Supply and Exchanges
Co product Marketing

19. U.S. Market Diesel Fuel Biodiesel
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
Bills Filed in 2002

23. Midwest Biodiesel Demand at 2%

24. Biodiesel Tax Bill S. 1058 Hutchinson/ Dayton Senate Finance Committee
Lincoln/ Grassley Amendment
Comprehensive Energy Package
Tax Provisions
CAFÉ Standards
5 billion gal. Renewable Fuel Standard
Other Major 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
Reliable Biodiesel supply
Technical knowledge and application
Continued market development
Market planning and strategy for all products
Key industry relationships
Strong partnerships
Transportation

28. Contacts: Nile Ramsbottom Executive Vice President Soy/Nutrition,
West Central
Gary Haer
Soy Product Sales Manager
West Central
Bev Tierney
Soy Oil Marketing Coordinator
West Central