Vero Beach, Fla. – September 15, 2014 – INEOS Bio provided today an update on the operations at its Indian River BioEnergy Center (Center).  “INEOS Bio’s Vero Beach facility has recently completed a major turn-around that included upgrades to the technology as well as completion of annual safety inspections.  We are now bringing the facility back on-line,” said Nigel Falcon, Site Director.  “In addition we will soon finish installation of equipment that will be used to remove impurities from one of our process streams that have been negatively impacting operations.  This equipment will be commissioned and brought online over the remainder of the year.”

We’ve spent the last year investigating and testing options for improving the operation of the facility, both at the Center as well as at our pilot facility in Fayetteville Arkansas.  We decided on the optimum path forward and are in the final stages of implementing the required changes,” Falcon continued.  “Over the next six months, we will focus on implementing these upgrades at the Center as we look to continue to build its on-stream performance and reliability.”

Concluded Falcon, “We fully expected to encounter new challenges as we scaled up this exciting new technology.  We’ve taken the time to develop solutions that will enable reliable production of high quality bioethanol.  The efforts moving forward will continue to focus on safe operations, optimizing the technology, and de-bottlenecking the plant to achieve full production capacity.”

The BioEnergy Center is a joint venture commercial demonstration project between INEOS Bio and New Planet Energy.  At full capacity, it will have an annual output of eight million gallons (24kta) of cellulosic ethanol and six megawatts (gross) of renewable power.