1. “The latest on BIODIESEL” Peter Reimers, Archer Daniels Midland Canola Council of Canada 2004 Annual Convention

2. Capacities Subsidies Feed stocks Glycerin Basics

3. Synthesis of Fatty Acid Methyl Esters (FAME) 1 Triglyceride (vegetable Oil) 1 Glycerol 3 Fatty Acid Methyl Esters (Biodiesel) 3 Methanol Basics

4. Which blend makes sense? B 100:biodegradability B 20:emission reduction B 2:lubricity

5. ..significant biodegradability at 100%… Source: Chuck Peterson, U of Idaho

6. ..significant biodegradability at 100%… Source: Chuck Peterson, U of Idaho

7. ..significant biodegradability at 100%… Source: Chuck Peterson, U of Idaho

8. ..significant biodegradability at 100%… Source: Chuck Peterson, U of Idaho

9. ..significant emission reduction at 20%… Source: Chuck Peterson, U of Idaho

10. Comprehensive EPA Study Source: National Biodiesel Board

11. Cleaner Emissions Emission TypeB100B20B2 Total Unburned Hydrocarbons-67%-20%-2.2% Carbon Monoxide-48%-12%-1.3% Particulate Matter-47%-12%-1.3% Oxides of Nitrogen (NO X )+10%+2%+.2% Source: National Biodiesel Board

12. ..significant lubricity enhancement at 2%…

13. Source: National Biodiesel Board

14. Canola vs. Soybean ACIDCanolaSoy PalmiticC-164.510 StearicC-1824 OleicC-18:16022 LinoleicC-18:22054 LinolenicC-18:398 Cold flow Polymerization

15. RELATIVE OXIDATION RATES Fatty AcidOxidation Rate Stearic Acid (C18:0)1 Oleic Acid (C18:1)10 Linoleic Acid (C18:2)100 Linolenic Acid (C18:3)150

16. Cold Filter Plug Point IP 309 Percent Biodiesel Degrees F Soy biodiesel Canola biodiesel with additive Source: National Biodiesel Board

17. EU and New Member States in mio. Mt/year

20. Taxes and Subsidies

21. Distribution of Sources (source: HBI International)