| KEY POINTS
» Soybiodiesel® has superior cold flow operability to other Biodiesel fuels with a CFPP of -6°C and passes the stringent Cold Soak Filterability Test ensuring it performs consistently in cold climates. Soybiodiesel® is environmentally and socially sustainable over the entire life-cycle of production returning 3.5 units of energy from every 1 used in production.
» Soybiodiesel® is a by-product of the soy protein meal manufacturing process. 82% of the soybean is processed into Soy protein meal, the most significant contributor of protein into the human food chain.
- Cetane number within OEM optimum design range
- Reduces CO2 emissions by 78% on a life cycle basis
- 100% reduction in SO2 emissions
- Major reductions in all other GHG emissions
- Consistently meets Quality Specifications
- Improved Lubricity over petroleum diesel
- Ecologically Sustainable as it is Non-toxic, Biodegradable & Odourless
- Approved by major Original Engine Manufacturers
FUEL PRICES
» As fossil diesel prices continue to rise using Soybiodiesel® will reduce motorists’ fuel bills as Soybiodiesel is produced from soybean oil, production costs are not linked to crude oil.
» It creates a diesel fuel alternative made from a feedstock manufactured in Australia, by an Australian company.
FINANCIAL SCOPE OF OPERATIONS
» Total investment in the facility will be $243 million and this includes capital expenditure, construction and working capital…
- …this makes it the largest soybean processing plant in Australia and a top-tier operation by world standards.
» The operation will generate $1020 million in revenue in the first year of operation.
» Over 55 per cent our revenue will come from the sale of soybean meal. This demonstrates our contribution to long-term local food supply security in Australia.
» 37 per cent will come from sales of Soybiodiesel.
» 5 per cent will come from pharmaceutical grade glycerine sales.
THROUGHPUT OF THE FACILITY
» In the first year of operation the facility will consume 1.1 million metric tons of soybeans. This is scheduled to increase to a total capacity of 1.36 million metric tons after five years.
» The facility will commence operations producing over 850,000 tons of soybean meal annually in year one and 1.1 million in year five.
- This would replace imported soybean meal that exceeded 600,000 tons in Australia and 180,000 metric tons in New Zealand last year.
» 288 million litres of Soybiodiesel will be produced from the soybean oil produced from the facility.
» 25,000 metric tons of pharmaceutical grade glycerine made from 100% pure vegetable sources will be produced each year.
SOCIAL AND ECONOMIC BENEFITS
» The operation will create 235 new permanent full-time jobs based in the Illawarra…
- …these jobs will include plant operators, grain handlers, transport operators, soybean production experts and many others…
- …and in addition we will be employing skilled and unskilled people such as accountants, cleaners and office assistants. This will be an important opportunity for the people of NSW.
» Building the facility will create a further 500 jobs.
» There will also be 725 jobs created in industries up and down stream. This means many more jobs on farms, agricultural services, in transport, logistics and silos operators.
» The down stream industries to benefit include the local poultry, pork and dairy industries that will have secure supply of a key animal feed ingredient now being produced in their backyard.
» National Biodiesel will increase demand for Soybeans by over 1 million tonnes valued at $250 million each year. This will provide a huge boost to regional economies and will be supported by investment in R&D by National Biodiesel targeting partnerships with Government, universities, and other research bodies to develop the soybean industry in NSW. Soybean crops are a more sustainable crop, being legumes they replenish soils nitrogen levels and require less water than many other crops currently grown.
» The Facility will lead to over 500 million in import replacement - Australia presently imports soybean meal valued at approximately $200 million. The new facility will produce in 1.1 million mt of Soybean Meal each year replacing imports and creating a valuable export industry. Thus ensuring Australia becomes self sufficient in its protein feedstock requirements for the poultry, cattle feed-lot, piggery, aquaculture and pet food industries.
» Additionally, the manufacture of 288 million a litres of Biodiesel will replace imports of diesel into Australia of approximately $225 million per annum at current prices.
 ENVIRONMENTAL BENEFITS OF SOYBIODIESEL
» Soybean-based biodiesel is far more energy efficient than fossil fuels yielding 3.5 units of energy from each unit of fossil energy used to grow, harvest and produce biodiesel from soybeans. Fossil fuel diesel yields 0.84 units.
» Biodiesel made from soybeans is a direct alternative to fossil diesel and provides similar performance to fossil fuel diesel, with less polluting emissions…
- …these include reductions of un-burnt hydrocarbons down by 67%,
- …particulate matter reduced by 47%,
- …carbon monoxide reduced by 48%, and
- …reductions in sulphur compound emissions.
» Our Soybiodiesel production will save 750,000mt of new Carbon Dioxide equivalent emissions into the atmosphere every year...
- …The equivalent of taking 187,000 cars off NSW roads each year.
FOOD vs FUEL DEBATE
» The National Biodiesel business model enhances food supply in Australia:
- With over 80 per cent of throughput flowing into the human food chain helping to ensure the nation’s food security;
- the effective energy yield for the whole life cycle of Soybiodiesel is 3.5 units of energy produced for every single unit of fossil energy used- this is 4 times higher than fossil fuels and more than double the yield of ethanol;
- it also has broader environmental benefits such as the abatement of greenhouse gases...
» By using 288 million litres of biodiesel motorists will be saving the emission of 750,000 metric tons of CO2 equivalents
» The same effect as taking 187,000 cars off NSW roads each year.
» It is important for policy makers to recognize the significant differences in sustainability and economic viability between biodiesel from soybeans and other forms of biofuels such as ethanol.
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