EIN Presswire: Ethanol Live Feed Press Releases http://www.einpresswire.com/?nfcode=PRW---1 Constantly updated news and information about ein presswire. AFPM Welcomes Passage of Ethanol Legislation http://www.einpresswire.com/article/683155-afpm-welcomes-passage-of-ethanol-legislation http://www.einpresswire.com/article/683155-afpm-welcomes-passage-of-ethanol-legislation Tue, 07 Feb 2012 18:50:26 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">AFPM Welcomes Passage of Ethanol Legislation</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">WASHINGTON</span>, <span class="xn-chron">Feb. 7, 2012</span> /PRNewswire-USNewswire/ -- American Fuel &amp; Petrochemical Manufacturers President <span class="xn-person">Charles T. Drevna</span> welcomed the passage by a House Committee of legislation that would require the Environmental Protection Agency and the National Academy of Sciences to conduct a scientific and technical analysis to determine if introducing increased ethanol into the U.S. fuel supply is safe.</p> <p>(Logo: <a href="http://photos.prnewswire.com/prnh/20120125/MM41823LOGO" target="_blank">http://photos.prnewswire.com/prnh/20120125/MM41823LOGO</a><img src="http://photos.prnewswire.com/prnthumb/20120125/MM41823LOGO" align="right"/>) </p> <p>The bill, sponsored by Rep. <span class="xn-person">James Sensenbrenner</span> (R-Wis.) was approved today in a 19-7 vote by the House Committee on Science, Space and Technology.</p> <p>EPA has approved a 50 percent increase in the amount of ethanol allowed to be blended in gasoline for use in cars and light trucks manufactured since the 2001 model year, going from the current 10 percent ethanol (E10) to 15 percent ethanol (E15), even though scientific testing of E15 has not been completed or fully analyzed.</p> <p>&#34;Our members want to continue manufacturing safe, reliable and proven fuels that meet the highest quality standards to serve the American people,&#34; Drevna said. &#34;We don&#39;t want American consumers and the engines that power their vehicles and equipment to be used as guinea pigs in a giant science experiment. The safety of ethanol beyond the current 10 percent blend should be clearly established before higher ethanol levels are approved.&#34; </p> <p>AFPM was one of 31 groups representing food and agricultural interests, the auto industry, other manufacturers and environmentalists signing a <a href="http://www.afpm.org/WorkArea/DownloadAsset.aspx?id=2145" target="_blank">letter</a> to the chairman and ranking member of the House Committee on Science, Space and Technology in support of the Sensenbrenner bill.</p> <p><b>About AFPM</b></p> <p>AFPM, the American Fuel &amp; Petrochemical Manufacturers (formerly known as NPRA, the National Petrochemical &amp; Refiners Association) is a trade association representing high-tech American manufacturers of virtually the entire U.S. supply of gasoline, diesel, jet fuel, other fuels and home heating oil, as well as the petrochemicals used as building blocks for thousands of vital products in daily life. AFPM members make modern life possible and keep America moving and growing as they meet the needs of our nation and local communities, strengthen economic and national security, and support 2 million American jobs.</p> <p>SOURCE American Fuel &amp; Petrochemical Manufacturers</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=DM49202&amp;Transmission_Id=201202071350PR_NEWS_USPR_____DM49202&amp;DateId=20120207" style="border:0px; width:1px; height:1px;"/> New low-fat distillers grains target dairy market (2/7/2012) http://www.einpresswire.com/article/682990-new-low-fat-distillers-grains-target-dairy-market-2-7-2012 http://www.einpresswire.com/article/682990-new-low-fat-distillers-grains-target-dairy-market-2-7-2012 Tue, 07 Feb 2012 17:12:14 +0000 <h2>Research available regarding DDGS feeding practices</h2> <br/> <p><i>2/7/2012</i></p> <br/> <p>POET is upping its stake in the dairy feed market with the introduction of Dakota Gold Low Fat dried distillers grains with solubles (DDGS), which research is showing can be fed to dairy cattle at a higher inclusion rate than traditional DDGS.<br/><br/>Dakota Gold Low Fat DDGS has a 5 percent fat content, which allows for higher inclusion rates in dairy cows. It is a new opportunity for dairy operations that have had to limit DDGS use in the past because DDGS fat content can cause milk fat depression issues, said Kip Karges, PhD, Technical Services and Research Director at POET Nutrition.<br/><br/>"Dairy operations can feed more low fat DDGS to their livestock by using Dakota Gold Low Fat," Karges said. "That will allow for optimum milk production while lowering ration cost."<br/><br/>With volatile ingredient costs, Dakota Gold LF DDGS are one of the most cost-effective feed ingredients available today, replacing more expensive ingredient sources in dairy rations without giving up performance.<br/><br/>By feeding higher inclusion rates one could see savings approaching or in some cases exceeding 10 cents per cow per day - this is real money returned to the producers' bottom line, Karges said.<br/><br/>General research into the subject has shown that increasing concentrations of low-fat distillers grains have correlated to increasing efficiency of milk production. <br/><br/>"When feeding regular DDGS you really have to limit feeds with high levels of unsaturated fatty acids and may cause limitations in formulation procedures," said Paul Kononoff, Associate Professor of Dairy Nutrition/Dairy Nutrition Specialist at the University of Nebraska in Lincoln. "The reduction in fat in low fat DDGS allows for higher inclusion of the co-product without the worries of milk fat depression."<br/><br/>Kononoff and others as the University of Nebraska have performed trials for POET and will be releasing their data to the public this summer.<br/><br/>A deliberate research and development process was followed in bringing Dakota Gold Low Fat DDGS to market. The new Dakota Gold LF DDGS option is possible because of POET's Voila&trade; Corn Oil production, which removes oil from DDGS. The resulting low fat DDGS have been researched and will continued to be researched to find new ways in which distillers grains, the second-largest traded feed ingredient on the market, can be used to produce protein for human consumption. Nutritionists at POET are providing animal research data to nutritionists and the feed industry in general regarding Dakota Gold LF DDGS. Research and nutrition details are available at the Dakota Gold website.<br/><br/>POET will continue to offer traditional Dakota Gold, which has 7 percent fat and is well suited for swine, beef cattle and other markets. POET remains committed to the value that has become the standard for Dakota Gold, including a consistent nutrient and quality profile and a dependable supply chain.<br/><br/><b>About POET</b><br/>POET, one of the world's largest ethanol producers, is a leader in biorefining through its efficient, vertically integrated approach to production. The 25-year-old company has a production capacity in excess of 1.6 billion gallons of ethanol and 9 billion pounds of high-protein animal feed annually from its network of 27 production facilities. POET also operates a pilot-scale cellulosic bio-ethanol plant, which uses corn cobs, leaves, husk and some stalk as feedstock, and expects to commercialize the process in Emmetsburg, Iowa through its joint venture with DSM. For more information, visit http://www.poet.com.<br/># # #<br/></p> </div> Enerkem and GreenField Ethanol Announce Quebec's First Waste-to-Biofuels Production Facility http://www.einpresswire.com/article/681727-enerkem-and-greenfield-ethanol-announce-quebec-s-first-waste-to-biofuels-production-facility http://www.einpresswire.com/article/681727-enerkem-and-greenfield-ethanol-announce-quebec-s-first-waste-to-biofuels-production-facility Mon, 06 Feb 2012 22:41:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Enerkem and GreenField Ethanol Announce Quebec&#39;s First Waste-to-Biofuels Production Facility</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p> <span class="xn-location">VARENNES, QC</span>, <span class="xn-chron">Feb. 6, 2012</span> /PRNewswire/ - At a news conference in <span class="xn-location">Varennes</span> today, the Government of Qu&#233;bec announced its plan to inject <span class="xn-money">$27&#160;million</span> in Qu&#233;bec&#39;s first full-scale commercial cellulosic ethanol plant through the Ministry of Natural Resources and Wildlife and Investissement Qu&#233;bec.&#160; This facility will be built and operated by a joint venture partnership formed by Enerkem (<a href="http://www.enerkem.com/en/home.html">www.enerkem.com</a>), a waste-to-biofuels and chemicals company, and GreenField Ethanol (<a href="http://www.greenfieldethanol.com/">www.greenfieldethanol.com</a>), the Canadian leader in alcohol production. </p> <p> The future plant will be located in <span class="xn-location">Varennes</span>, Qu&#233;bec and will use Enerkem&#39;s proprietary technology to convert non-recyclable municipal solid waste into biofuels.&#160; With a full-scale waste-to-biofuels facility under construction in <span class="xn-location">Edmonton, Alberta</span>, and another one under development in <span class="xn-location">Mississippi</span>, the <span class="xn-location">Varennes</span> facility represents Enerkem&#39;s third full-scale commercial project. </p> <p> &quot;By producing liquid transportation fuel from non-recyclable waste, this facility opens the door to the emergence of a new energy sector and will allow for local sustainable management of our waste materials&quot;, declared Vincent Chornet, Enerkem President and CEO. &quot;Located on the site of Ethanol GreenField&#39;s&#160;current plant, this project will represent one of the first integrations between an existing, first generation ethanol plant and a new cellulosic ethanol plant.&quot; </p> <p> &quot;The construction of this innovative plant on our current site marks the beginning of our transition to an integrated biorefinery in <span class="xn-location">Varennes</span>&quot;, said <span class="xn-person">Jean Roberge</span>, General Manager, GreenField Ethanol Qu&#233;bec.&#160; &quot;We are pleased to partner with Enerkem and integrate their technology to build Qu&#233;bec&#39;s first full-scale commercial cellulosic ethanol plant.&#160; The use of waste materials, that is made possible with Enerkem&#39;s technology, complements GreenField Ethanol R&amp;D efforts with other types of biomass. &quot; </p> <p> This waste-to-biofuels production facility will help reduce greenhouse emissions, fossil fuel imports and landfilled volumes. The non-recyclable waste will come from institutional, commercial and industrial sectors, and from construction and demolition debris. The anticipated annual production capacity of this plant is approximately 38&#160;million litres. </p> <p> &quot;In addition to presenting a solution to landfilling, today&#39;s announcement will enable greenhouse gas emission reductions by about 110,000 metric tons of CO<sub>2</sub> per year. Cellulosic ethanol is a renewable fuel that will contribute to reducing our dependence on petroleum products. By supporting this project, our government is concretely reinforcing energy security for Qu&#233;bec. Today&#39;s announcement puts Qu&#233;bec in an advantageous position in the search for alternatives to fossil fuel consumption&quot;, outlined Minister Cl&#233;ment Gignac. </p> <p> &quot;Qu&#233;bec has resolved to reduce, by 2020, its greenhouse gas emissions to 20% below 1990 levels, as part of its 2006-2012 Climate Change Action Plan. We believe we can be productive and create wealth and jobs, all while protecting our environment. The construction of the cellulosic ethanol facility belonging to the joint venture formed by Enerkem and GreenField Ethanol, is one step closer towards reducing our greenhouse gas emissions. It is with solid and structured projects, such as the one presented today, that Qu&#233;bec will reassert its leadership in a green and sustainable economy&quot;, commented Minister <span class="xn-person">Sam Hamad</span>. </p> <p> The <span class="xn-money">$27 million</span> contribution from the Government of Qu&#233;bec includes <span class="xn-money">$18 million</span> in financial assistance from the Ministry of Natural Resources and Wildlife and a <span class="xn-money">$9 million</span> loan from Investissement Qu&#233;bec. </p> <p> <b>About Enerkem </b><br/> Enerkem develops biofuels and chemicals from waste. With its proprietary thermochemical technology, Enerkem converts abundantly available municipal solid waste (mixed textiles, plastics, fibers, wood and other non-recyclable waste materials) into chemical-grade syngas, and then methanol, ethanol and other chemical intermediates that form everyday products. By using waste instead of fossil fuels, Enerkem addresses the growing demand for renewable energy sources and chemicals, while reducing landfill volumes and greenhouse gas emissions. Headquartered in <span class="xn-location">Montreal, Canada</span>, the company currently operates both a pilot and a commercial demonstration facility in Qu&#233;bec, has its first waste-to-biofuels full-scale commercial plant under construction in <span class="xn-location">Edmonton, Alberta</span>, and is developing several similar facilities in the U.S. and <span class="xn-location">Canada</span> that will convert municipal solid waste into biofuels and chemicals. <a href="http://www.enerkem.com">www.enerkem.com</a> </p> <p> <b>About GreenField Ethanol</b><br/> Greenfield Ethanol is the largest Canadian alcohol producer whose head office is located in <span class="xn-location">Toronto</span>.&#160; The Varenne&#39;s Distillery is fully operational since <span class="xn-chron">March 2007</span> and is one of the most efficient in <span class="xn-location">North America</span> as to yield, energy efficiency, environmental foot print and GHG reduction. &#201;thanol Greenfield Qu&#233;bec is a founding member of the <span class="xn-org">University of Sherbrooke</span> Research Chair for second generation biofuels and supports other R&amp;D initiatives with other Canadian Universities. The company&#39;s striving efforts in R&amp;D also include various strategic partnerships with specialised companies and in house development of proprietary Second Generation Technologies in its <span class="xn-location">Chatham</span> laboratory. <a href="http://www.greenfieldethanol.com">www.greenfieldethanol.com</a> </p> <p>SOURCE ENERKEM INC.</p> <!-- Start: CNW Asset References --> <p>Image with caption: &quot;<span class="xn-location">Quebec&#39;s</span> first commercial waste-to-ethanol facility in <span class="xn-location">Varennes</span>. (CNW Group/ENERKEM INC.)&quot;. Image available at: <a href="http://photos.newswire.ca/images/download/20120206_C9846_PHOTO_EN_9680.jpg">http://photos.newswire.ca/images/download/20120206_C9846_PHOTO_EN_9680.jpg</a></p> <p>Image with caption: &quot;From left to right: Messrs. Vincent Chornet, President and Chief Executive Officer of Enerkem, Cl&#233;ment Gignac, Minister of Natural Resources and Wildlife and Minister responsible for the Northern Plan, <span class="xn-person">Sam Hamad</span>, Minister of Economic Development, Innovation and Export Trade, and <span class="xn-person">Jean Roberge</span>, General Manager, GreenField Ethanol Qu&#233;bec (CNW Group/ENERKEM INC.)&quot;. Image available at: <a href="http://photos.newswire.ca/images/download/20120206_C9846_PHOTO_EN_9705.jpg">http://photos.newswire.ca/images/download/20120206_C9846_PHOTO_EN_9705.jpg</a></p> <!-- End: CNW Asset References --> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=MO662&amp;Transmission_Id=201202061741PR_NEWS_USPR_____MO662&amp;DateId=20120206" style="border:0px; width:1px; height:1px;"/> Enerkem and GreenField Ethanol Announce Quebec's First Waste-to-Biofuels Production Facility http://www.einpresswire.com/article/681572-enerkem-and-greenfield-ethanol-announce-quebec-s-first-waste-to-biofuels-production-facility http://www.einpresswire.com/article/681572-enerkem-and-greenfield-ethanol-announce-quebec-s-first-waste-to-biofuels-production-facility Mon, 06 Feb 2012 20:30:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Enerkem and GreenField Ethanol Announce Quebec&#39;s First Waste-to-Biofuels Production Facility</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p> <span class="xn-location">VARENNES, QC</span>, <span class="xn-chron">Feb. 6, 2012</span> /PRNewswire/ - At a news conference in <span class="xn-location">Varennes</span> today, the Government of Qu&#233;bec announced its plan to inject <span class="xn-money">$27&#160;million</span> in Qu&#233;bec&#39;s first full-scale commercial cellulosic ethanol plant through the Ministry of Natural Resources and Wildlife and Investissement Qu&#233;bec.&#160; This facility will be built and operated by a joint venture partnership formed by Enerkem (<a href="http://www.enerkem.com/en/home.html">www.enerkem.com</a>), a waste-to-biofuels and chemicals company, and GreenField Ethanol (<a href="http://www.greenfieldethanol.com/">www.greenfieldethanol.com</a>), the Canadian leader in alcohol production. </p> <p> The future plant will be located in <span class="xn-location">Varennes</span>, Qu&#233;bec and will use Enerkem&#39;s proprietary technology to convert non-recyclable municipal solid waste into biofuels.&#160; With a full-scale waste-to-biofuels facility under construction in <span class="xn-location">Edmonton, Alberta</span>, and another one under development in <span class="xn-location">Mississippi</span>, the <span class="xn-location">Varennes</span> facility represents Enerkem&#39;s third full-scale commercial project. </p> <p> &quot;By producing liquid transportation fuel from non-recyclable waste, this facility opens the door to the emergence of a new energy sector and will allow for local sustainable management of our waste materials&quot;, declared Vincent Chornet, Enerkem President and CEO. &quot;Located on the site of Ethanol GreenField&#39;s&#160;current plant, this project will represent one of the first integrations between an existing, first generation ethanol plant and a new cellulosic ethanol plant.&quot; </p> <p> &quot;The construction of this innovative plant on our current site marks the beginning of our transition to an integrated biorefinery in <span class="xn-location">Varennes</span>&quot;, said <span class="xn-person">Jean Roberge</span>, General Manager, GreenField Ethanol Qu&#233;bec.&#160; &quot;We are pleased to partner with Enerkem and integrate their technology to build Qu&#233;bec&#39;s first full-scale commercial cellulosic ethanol plant.&#160; The use of waste materials, that is made possible with Enerkem&#39;s technology, complements GreenField Ethanol R&amp;D efforts with other types of biomass. &quot; </p> <p> This waste-to-biofuels production facility will help reduce greenhouse emissions, fossil fuel imports and landfilled volumes. The non-recyclable waste will come from institutional, commercial and industrial sectors, and from construction and demolition debris. The anticipated annual production capacity of this plant is approximately 38&#160;million litres. </p> <p> &quot;In addition to presenting a solution to landfilling, today&#39;s announcement will enable greenhouse gas emission reductions by about 110,000 metric tons of CO<sub>2</sub> per year. Cellulosic ethanol is a renewable fuel that will contribute to reducing our dependence on petroleum products. By supporting this project, our government is concretely reinforcing energy security for Qu&#233;bec. Today&#39;s announcement puts Qu&#233;bec in an advantageous position in the search for alternatives to fossil fuel consumption&quot;, outlined Minister Cl&#233;ment Gignac. </p> <p> &quot;Qu&#233;bec has resolved to reduce, by 2020, its greenhouse gas emissions to 20% below 1990 levels, as part of its 2006-2012 Climate Change Action Plan. We believe we can be productive and create wealth and jobs, all while protecting our environment. The construction of the cellulosic ethanol facility belonging to the joint venture formed by Enerkem and GreenField Ethanol, is one step closer towards reducing our greenhouse gas emissions. It is with solid and structured projects, such as the one presented today, that Qu&#233;bec will reassert its leadership in a green and sustainable economy&quot;, commented Minister <span class="xn-person">Sam Hamad</span>. </p> <p> The <span class="xn-money">$27 million</span> contribution from the Government of Qu&#233;bec includes <span class="xn-money">$18 million</span> in financial assistance from the Ministry of Natural Resources and Wildlife and a <span class="xn-money">$9 million</span> loan from Investissement Qu&#233;bec. </p> <p> <b>About Enerkem </b><br/> Enerkem develops biofuels and chemicals from waste. With its proprietary thermochemical technology, Enerkem converts abundantly available municipal solid waste (mixed textiles, plastics, fibers, wood and other non-recyclable waste materials) into chemical-grade syngas, and then methanol, ethanol and other chemical intermediates that form everyday products. By using waste instead of fossil fuels, Enerkem addresses the growing demand for renewable energy sources and chemicals, while reducing landfill volumes and greenhouse gas emissions. Headquartered in <span class="xn-location">Montreal, Canada</span>, the company currently operates both a pilot and a commercial demonstration facility in Qu&#233;bec, has its first waste-to-biofuels full-scale commercial plant under construction in <span class="xn-location">Edmonton, Alberta</span>, and is developing several similar facilities in the U.S. and <span class="xn-location">Canada</span> that will convert municipal solid waste into biofuels and chemicals. <a href="http://www.enerkem.com">www.enerkem.com</a> </p> <p> <b>About GreenField Ethanol</b><br/> Greenfield Ethanol is the largest Canadian alcohol producer whose head office is located in <span class="xn-location">Toronto</span>.&#160; The Varenne&#39;s Distillery is fully operational since <span class="xn-chron">March 2007</span> and is one of the most efficient in <span class="xn-location">North America</span> as to yield, energy efficiency, environmental foot print and GHG reduction. &#201;thanol Greenfield Qu&#233;bec is a founding member of the <span class="xn-org">University of Sherbrooke</span> Research Chair for second generation biofuels and supports other R&amp;D initiatives with other Canadian Universities. The company&#39;s striving efforts in R&amp;D also include various strategic partnerships with specialised companies and in house development of proprietary Second Generation Technologies in its <span class="xn-location">Chatham</span> laboratory. <a href="http://www.greenfieldethanol.com">www.greenfieldethanol.com</a> </p> <p>SOURCE ENERKEM INC.</p> <!-- Start: CNW Asset References --> <p>Image with caption: &quot;<span class="xn-location">Quebec&#39;s</span> first commercial waste-to-ethanol facility in <span class="xn-location">Varennes</span>. (CNW Group/ENERKEM INC.)&quot;. Image available at: <a href="http://photos.newswire.ca/images/download/20120206_C9846_PHOTO_EN_9680.jpg">http://photos.newswire.ca/images/download/20120206_C9846_PHOTO_EN_9680.jpg</a></p> <!-- End: CNW Asset References --> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=MO662&amp;Transmission_Id=201202061530PR_NEWS_USPR_____MO662&amp;DateId=20120206" style="border:0px; width:1px; height:1px;"/> South Texas Water-Quality Concerns From Eagle Ford Shale Fracking http://www.einpresswire.com/article/680357-south-texas-water-quality-concerns-from-eagle-ford-shale-fracking http://www.einpresswire.com/article/680357-south-texas-water-quality-concerns-from-eagle-ford-shale-fracking Sun, 05 Feb 2012 08:13:07 +0000 <i>South Texas is home to the Eagle Ford Shale rock formation that has vast, rich concentrations of energy deposits.</i><br /><br /><p>February 05, 2012 /24-7PressRelease/ -- South Texas Water-Quality Concerns From Eagle Ford Shale Fracking</p> <p></p> <p>&quot;Fracking&quot; is short for &quot;hydraulic fracturing&quot; -- the forceful injection of a water, sand and chemical solution into an underground shale formation that splits apart the rock layers, releasing oil and gas deposits caught between them. South Texas is home to the Eagle Ford Shale rock formation that has vast, rich concentrations of energy deposits.</p> <p></p> <p>Shale is a rock formed from hardened clay that can easily be fractured into thin sheets. The <a href="http://www.eia.gov/oil_gas/rpd/shaleusa9.pdf" target="_blank">Eagle Ford Shale</a> is about 250 feet thick on average, running approximately 50 miles wide by 400 miles long from East Texas southwesterly to the Mexican border.</p> <p></p> <p>The fracking industry has taken the area by storm. For example, yearly natural gas production in the Eagle Ford Shale has gone from almost nothing in 2008 to over 220 billion cubic feet in 2011, according to the Railroad Commission of Texas. Oil production over roughly the same period increased from about 140,000 barrels annually to 22 million barrels.</p> <p></p> <p>This new industry brings jobs and commerce to an economically depressed region plagued by the worst drought in decades. Fracking has been enthusiastically endorsed by politicians who argue that the fracking industry has great potential to enhance U.S. energy independence and create jobs, but environmentalists and people living in fracking areas express concern about the potential for dangerous pollution, especially of water.</p> <p></p> <p>Stories proliferate about strange phenomena blamed on fracking -- from earthquakes in Ohio to flammable tap water. Reportedly, people in Wyoming were advised to leave their bathroom doors open for ventilation when showering to prevent the combustion of water contaminants. People living near fracking wells nationwide have reported chemical-smelling, dirty water from residential taps.</p> <p></p> <p>On Jan. 9, 2012, according to Bloomberg, a doctors' group recommended a moratorium on fracking in densely populated vicinities until potentially dangerous health effects are known.</p> <p></p> <p>Officially, the jury is out as to whether and how severely fracking activity can contaminate the surrounding water supply. However, in December 2011 the federal Environmental Protection Agency made a tentative finding that fracking in the Wyoming Pavillion shale probably caused groundwater contamination. In two deep wells, the agency found elevated levels of <a href="http://www.leibowitzlaw.com/Personal-Injury-Overview/Toxic-Torts.shtml" target="_blank">dangerous chemicals</a> like benzene and methane used in nearby fracking.</p> <p></p> <p>The EPA conducted the study in response to residential complaints about stinking water. In addressing industry and some political criticism of the study, the EPA emphasizes that the results are preliminary, unique to the geology of Pavillion and subject to peer review. Despite this, Congress has ordered the EPA to begin a comprehensive three-year study of the danger to water from fracking.</p> <p></p> <p>Some familiar with the Eagle Ford Shale say its geography is so different from that of the Wyoming shale field that the two shouldn't be compared when theorizing about the potential for water pollution. The Carrizo Wilcox aquifer that provides water to the area lies far above the Eagle Ford shale, separated by a mile or two of rock, leading many to believe cross-contamination would not be possible there.</p> <p></p> <p>However, in a major and telling development, a new Texas state fracking regulation took effect on Jan. 2, 2012, that requires fracking operators to disclose on a public website for each well the identity of chemicals mixed with water to make that particular fracking fluid, as well as the total volume of water used.</p> <p></p> <p>Fracking in Eagle Ford consumes millions of gallons of clean water that is laced with toxic chemicals after the fracking process is finished. To protect local water resources, companies conducting fracking activities in the Eagle Ford Shale should be subject to government monitoring and should use the most current water-friendly technology and methodology.</p> <p></p> <p>If you live on or own land in the area and suspect your water supply may be affected by fracking, be sure to discuss the situation with a personal injury lawyer experienced in toxic tort lawsuits.</p> <p></p> <p>Article provided by The Law Offices of David McQuade Leibowitz, P.C. </p> <p>Visit us at <a href="http://www.leibowitzlaw.com" target="_blank">www.leibowitzlaw.com</a></p> <p></p> <p>---</p> <p>Press release service and press release distribution provided by http://www.24-7pressrelease.com</p> Enerkem Files for Proposed Initial Public Offering http://www.einpresswire.com/article/680000-enerkem-files-for-proposed-initial-public-offering http://www.einpresswire.com/article/680000-enerkem-files-for-proposed-initial-public-offering Fri, 03 Feb 2012 19:53:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Enerkem Files for Proposed Initial Public Offering</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p align="left"> <span class="xn-location">MONTREAL</span>, <span class="xn-chron">Feb. 3, 2012</span> /PRNewswire/ - Enerkem Inc., a waste-to-biofuels and chemicals company, announced today that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission and a preliminary prospectus with securities regulatory authorities in each of the provinces and territories of <span class="xn-location">Canada</span>, relating to a proposed initial public offering of its common shares in <span class="xn-location">the United States</span> and in <span class="xn-location">Canada</span>. Goldman, Sachs &amp; Co., Credit Suisse Securities and BMO Capital Markets will act as joint bookrunners. The number of shares to be offered and the price range for the offering have not yet been determined. </p> <p> The offering will be made only by means of a prospectus. Copies of the Canadian and U.S. preliminary prospectuses related to the offering may be obtained, when available, from the related prospectus department of: </p> <p> </p> <table border="0"> <tr valign="top"> <td align="left"> <b>Canada</b> </td> <td align="left"> <b>United States</b> </td> </tr> <tr> <td> &#160; </td> <td> &#160; </td> </tr> <tr valign="top"> <td align="left"> <i>Goldman Sachs Canada Inc.</i><br/> Prospectus Department<br/> 200 West Street<br/> New York, NY, 10282<br/> via telephone: 1-866-471-2526, or via<br/> email at <a href="mailto:prospectus-ny@ny.email.gs.com">prospectus-ny@ny.email.gs.com</a> </td> <td align="left"> <i>Goldman, Sachs &amp; Co.</i><br/> Prospectus Department<br/> 200 West Street<br/> New York, NY, 10282<br/> via telephone: 1-866-471-2526, or via<br/> email at <a href="mailto:prospectus-ny@ny.email.gs.com">prospectus-ny@ny.email.gs.com</a> </td> </tr> <tr> <td> &#160; </td> <td> &#160; </td> </tr> <tr valign="top"> <td align="left"> <i>Credit Suisse Securities (Canada), Inc.</i><br/> Prospectus Department<br/> 1 First Canadian Place<br/> Suite 2900, P.O.Box 301<br/> Toronto, Ontario<br/> Canada M5X 1C9<br/> via telephone: 1-416-352-4799, or via<br/> email at <a href="mailto:ecm.canada@credit-suisse.com">ecm.canada@credit-suisse.com</a> </td> <td align="left"> <i>Credit Suisse Securities (USA) LLC</i><br/> Prospectus Department<br/> One Madison Avenue<br/> New York, NY, 10010<br/> via telephone: 1-800-221-1037, or via<br/> email at <a href="mailto:newyork.prospectus@credit-suisse.com">newyork.prospectus@credit-suisse.com</a> </td> </tr> <tr> <td> &#160; </td> <td> &#160; </td> </tr> <tr valign="top"> <td align="left"> <i>BMO Nesbitt Burns Inc.</i><br/> Investment &amp; Corporate Banking<br/> 1 First Canadian Place<br/> 100 King Street West, 4<sup>th</sup> Floor<br/> Toronto, ON, M5X 1H3<br/> via telephone: 1-800-414-3627, or by<br/> email at <a href="mailto:bmoprospectus@bmo.com">bmoprospectus@bmo.com</a> </td> <td align="left"> <i>BMO Capital Markets Corp.</i><br/> Prospectus Department<br/> 3 Times Square, 27<sup>th</sup> Floor<br/> New York, NY, 10036<br/> via telephone: 1-800-414-3627, or by<br/> email at <a href="mailto:bmoprospectus@bmo.com">bmoprospectus@bmo.com</a><br/> <br/> </td> </tr> </table> <p> The U.S. registration statement on Form F-1 may also be accessed directly from the U.S. Securities and Exchange Commission.<br/> <br/> The Canadian preliminary prospectus is also available on SEDAR. </p> <p> A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. A preliminary prospectus has also been filed with the securities regulatory authorities in each of the provinces and territories of <span class="xn-location">Canada</span> but is still subject to completion or amendment and has not yet become final for the purposes of a distribution to the public in <span class="xn-location">Canada</span>. These securities may not be sold in <span class="xn-location">the United States</span> or in any province or territory of <span class="xn-location">Canada</span> nor may offers to buy be accepted in <span class="xn-location">the United States</span> or <span class="xn-location">Canada</span> prior to the time the registration statement becomes effective in <span class="xn-location">the United States</span> and a receipt for the final prospectus has been issued in <span class="xn-location">Canada</span>. </p> <p> This release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities, in any state, province, territory or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state, province, territory or jurisdiction. </p> <p> <b>About Enerkem </b><br/> Enerkem develops biofuels and chemicals from waste. With its proprietary thermochemical technology, Enerkem converts abundantly available municipal solid waste (mixed textiles, plastics, fibers, wood and other non-recyclable waste materials) into chemical-grade syngas, and then methanol, ethanol and other chemical intermediates that form everyday products. By using waste instead of fossil fuels, Enerkem addresses the growing demand for renewable energy sources and chemicals, while reducing landfill volumes and greenhouse gas emissions. Headquartered in Montr&#233;al, <span class="xn-location">Canada</span>, the company currently operates both a pilot and a commercial demonstration facility in Qu&#233;bec, has its first waste-to-biofuels full-scale commercial plant under construction in <span class="xn-location">Edmonton, Alberta</span>, and is developing several similar facilities in the U.S. and <span class="xn-location">Canada</span> that will convert municipal solid waste into biofuels and chemicals.&#160; </p> <p> &#160; </p> <p>SOURCE ENERKEM INC.</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=MO616&amp;Transmission_Id=201202031453PR_NEWS_USPR_____MO616&amp;DateId=20120203" style="border:0px; width:1px; height:1px;"/> ICF International Makes Offer to Acquire GHK Holdings Limited http://www.einpresswire.com/article/677802-icf-international-makes-offer-to-acquire-ghk-holdings-limited http://www.einpresswire.com/article/677802-icf-international-makes-offer-to-acquire-ghk-holdings-limited Thu, 02 Feb 2012 08:00:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">ICF International Makes Offer to Acquire GHK Holdings Limited</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p>- ICF&#39;s Business Would Double Outside North America</p> <p></p> <p>- GHK to Provide Complementary Services to Government and Commercial Clients in Markets in <span class="xn-location">Europe</span> and <span class="xn-location">Asia</span></p> <p></p> <p>- Transaction Expected to be Earnings Neutral in 2012</p> <p></p> <p>- ICF Raises its Preliminary 2012 Guidance</p> <p></p> <p><span class="xn-location">FAIRFAX, Va.</span>, <span class="xn-chron">Feb. 2, 2012</span> /PRNewswire-Asia/ -- ICF International (NASDAQ:ICFI), a leading provider of consulting services and technology solutions to government and commercial clients, announced today that it is making a cash offer to acquire all of the shares of GHK Holdings Limited (GHK). With its headquarters in <span class="xn-location">London</span>, GHK is a multi-disciplinary consultancy serving government and commercial clients on environment, employment, health, education and training, transportation, social policy, business and economic development, and international development issues. The transaction is expected to close by the end of the first quarter, 2012.</p> <p></p> <p>Founded in 1973, GHK&#39;s 150 employees provide high-end consulting services in research and evaluation, financial and impact assessment, and program management from four offices in <span class="xn-location">Asia</span> and five offices in <span class="xn-location">Europe</span>. For 2011, GHK is expected to report revenues of approximately <span class="xn-money">US$30 million</span>. The transaction is expected to be earnings neutral to ICF in 2012.</p> <p></p> <p>&quot;GHK is an excellent strategic fit for ICF, bringing multi-disciplinary, highly educated, and motivated employees who have deep domain knowledge in our key markets. This combination would significantly strengthen our European presence with complementary services and create critical mass for ICF in high-growth Asian markets,&quot; said ICF International Chairman and CEO <span class="xn-person">Sudhakar Kesavan</span>. &quot;We have already won one project together and are proposing jointly on others. We are confident that we will be able to work in concert to significantly expand ICF&#39;s <span class="xn-location">Asia</span> and <span class="xn-location">Europe</span> advisory and implementation business.&quot;</p> <p></p> <p>Mr. Kesavan added, &quot;This transaction is an important element of our strategy to replicate ICF&#39;s U.S. track record in <span class="xn-location">Europe</span> and <span class="xn-location">Asia</span>. <span class="xn-person">Jeanne Townend</span>, executive vice president for ICF, will relocate to <span class="xn-location">London</span> upon the completion of this acquisition to oversee the integration of GHK and lead the growth of our <span class="xn-location">Europe</span> and <span class="xn-location">Asia</span> business.&quot;</p> <p></p> <p>&quot;We are excited by the prospect of joining ICF, which gives us the platform to make an even greater positive impact for our clients on key issues, as well as provide enhanced opportunities for our employees,&quot; said GHK Chief Executive <span class="xn-person">Paul Harris</span>. &quot;Both firms are recognized knowledge leaders with established and successful track records in their business areas.&quot;</p> <p></p> <p>The combination of GHK with ICF would create value in several ways:</p> <p></p> <p>-- Add scale to ICF&#39;s presence in <span class="xn-location">Europe</span>. GHKprovides a broader footprint of complementary services in <span class="xn-location">Europe</span>, including a large presence in the <span class="xn-location">United Kingdom</span> and with the European Commission (EC) in <span class="xn-location">Brussels</span>, and an office in <span class="xn-location">Poland</span>. This will allow growth in the areas of environment, employment, health, education and training, transportation, social policy, business, and economic development.</p> <p>-- Provide scale to ICF&#39;s <span class="xn-location">Asia</span> business. The combined firm will have offices and significant presence in <span class="xn-location">Beijing</span>, <span class="xn-location">Hong Kong</span>, <span class="xn-location">Singapore</span>, <span class="xn-location">Bangkok</span>, <span class="xn-location">Manila</span>, and <span class="xn-location">New Delhi</span>. This gives ICF excellent size and scope to take advantage of business opportunities in the areas of environment, health, education, economic development, energy, and transportation from locations that are close to key customers.</p> <p>-- Add depth in advisory capabilities in <span class="xn-location">Europe</span> and <span class="xn-location">Asia</span>. The combined firm will be in a position to expand GHK&#39;s advisory services into implementation areas. This breadth will expand existing client relationships and provide full service options to new clients in health, energy, transportation, and development.</p> <p></p> <p>Revised 2012 Revenue Guidance</p> <p></p> <p>Taking into account both the planned acquisition of GHK and the recent acquisition of Ironworks Consulting, ICF is increasing its preliminary guidance for 2012 revenues to the range of <span class="xn-money">$1.0 billion to $1.04 billion</span> from the prior <span class="xn-money">$910 million to $940 million</span> range and is increasing its expected EBITDA margin range to 9.5 percent to 10.5 percent from the prior 9 percent to 10 percent range. ICF will provide 2012 earnings per share guidance when it releases its fourth quarter and full year 2011 results after the close of market on <span class="xn-chron">Wednesday, February 29, 2012</span>.</p> <p></p> <p>About ICF International</p> <p></p> <p>ICF International (NASDAQ:ICFI) partners with government and commercial clients to deliver professional services and technology solutions in the energy, environment, and transportation; health, education, and social programs; and homeland security and defense markets. The firm combines passion for its work with industry expertise and innovative analytics to produce compelling results throughout the entire program lifecycle, from research and analysis through implementation and improvement. Since 1969, ICF has been serving government at all levels, major corporations, and multilateral institutions. More than 4,000 employees serve these clients worldwide. ICF&#39;s website is <a href="http://www.icfi.com">http://www.icfi.com</a>.</p> <p></p> <p>Caution Concerning Forward-Looking Statements</p> <p></p> <p>Statements that are not historical facts and involve known and unknown risks and uncertainties are &quot;forward-looking statements&quot; as defined in the Private Securities Litigation Reform Act of 1995. Such statements may concern our current expectations about our future results, plans, operations, and prospects and involve certain risks, including those related to the government contracting industry generally; our particular business, including our dependence on contracts with U.S. federal government agencies; and our ability to acquire and successfully integrate businesses. These statements include those that refer to ICF&#39;s current expectations about the acquisition of GHK. Other factors that could cause our actual results to differ from those indicated in forward-looking statements are included in the &quot;Risk Factors&quot; section of our securities filings with the Securities and Exchange Commission. Although ICF&#39;s expectations are based on what management believes to be reasonable assumptions, it cannot assure the expectations reflected in this document will be achieved as they are subject to risks and uncertainties that are difficult to predict and may be outside of ICF&#39;s control. Such risks and uncertainties include the possibility that the benefits anticipated from the GHK and Ironworks transactions will not be fully realized, the possibility the transaction may not close, and other risks in connection with the proposed transaction. The forward-looking statements included herein are only made as of the date hereof, and we specifically disclaim any obligation to update these statements in the future.</p> <p></p> <p>Contact: </p> <p></p> <p>Dr. <span class="xn-person">Douglas Beck</span>, ICF International, 1.703.934.3820 </p> <p><span class="xn-person">Lynn Morgen</span>/<span class="xn-person">Betsy Brod</span>, MBS Value Partners, 1.212.750.5800</p> <p>SOURCE ICF International</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=4aea439e34f0472501353ab739dc03f0&amp;Transmission_Id=201202020300PR_NEWS_ASPR__EN_4aea439e34f0472501353ab739dc03f0&amp;DateId=20120202" style="border:0px; width:1px; height:1px;"/> Enerkem appoints new board member http://www.einpresswire.com/article/677187-enerkem-appoints-new-board-member http://www.einpresswire.com/article/677187-enerkem-appoints-new-board-member Wed, 01 Feb 2012 17:00:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Enerkem appoints new board member</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p> <span class="xn-location">MONTREAL</span>, <span class="xn-chron">Feb. 1, 2012</span> /PRNewswire/ - Enerkem Inc. (<a href="http://www.enerkem.com">www.enerkem.com</a>), a waste-to-biofuels and chemicals company, announced today that <span class="xn-person">Carl Rush</span>, Senior Vice President of Organic Growth for Waste Management, Inc. (NYSE: WM), joined its board of directors. </p> <p> &quot;We are glad to have Mr. Rush join our board of directors&quot;, said Vincent Chornet, President and Chief Executive Officer of Enerkem. &quot;Carl is a seasoned executive who brings extensive experience and knowledge of the waste management industry.&quot; </p> <p> Mr. Rush joined Waste Management in 2001. As Senior Vice President of Organic Growth, he is responsible for finding growth opportunities that are synergistic with the company&#39;s objective of maximizing value from waste, including converting them into biofuels, renewable chemicals and energy. Enerkem has established a strategic relationship with Waste Management since the company&#39;s initial investment in Enerkem in 2010. </p> <p> &quot;As a strategic investor in Enerkem, we are seeking opportunities to leverage Enerkem&#39;s technology in our business,&quot; said Mr. Rush. &quot;It is exciting to have an opportunity to support Enerkem as a Board member.&quot; </p> <p> <span class="xn-person">Carl Rush</span> replaces <span class="xn-person">Tim Cesarek</span> as Waste Management&#39;s representative on Enerkem&#39;s board of directors. </p> <p> <b>About Enerkem </b><br/> Enerkem develops biofuels and chemicals from waste. With its proprietary thermochemical technology, Enerkem converts abundantly available municipal solid waste (mixed textiles, plastics, fibers, wood and other non-recyclable waste materials) into chemical-grade syngas, and then methanol, ethanol and other chemical intermediates that form everyday products. By using waste instead of fossil fuels, Enerkem addresses the growing demand for renewable energy sources and chemicals, while reducing landfill volumes and greenhouse gas emissions. Headquartered in Montr&#233;al, <span class="xn-location">Canada</span>, the company currently operates both a pilot and a commercial demonstration facility in Qu&#233;bec, has its first waste-to-biofuels full-scale commercial plant under construction in <span class="xn-location">Edmonton, Alberta</span>, and is developing several similar facilities in the U.S. and <span class="xn-location">Canada</span> that will convert municipal solid waste into biofuels and chemicals. <a href="http://www.enerkem.com">www.enerkem.com </a> </p> <p>SOURCE ENERKEM INC.</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=MO570&amp;Transmission_Id=201202011200PR_NEWS_USPR_____MO570&amp;DateId=20120201" style="border:0px; width:1px; height:1px;"/> 2011 U.S. Venture Capital Investment in Cleantech Steady at $4.9 Billion Despite Tough Economy http://www.einpresswire.com/article/676257-2011-u-s-venture-capital-investment-in-cleantech-steady-at-4-9-billion-despite-tough-economy http://www.einpresswire.com/article/676257-2011-u-s-venture-capital-investment-in-cleantech-steady-at-4-9-billion-despite-tough-economy Wed, 01 Feb 2012 11:00:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">2011 U.S. Venture Capital Investment in Cleantech Steady at $4.9 Billion Despite Tough Economy</h1> <h2 class="xn-hedline">Industry continues to innovate and mature</h2> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <b><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"> <p /> </span></b> <p><span class="xn-location">BOSTON</span>, <span class="xn-chron">Feb. 1, 2012</span> /PRNewswire/ --  US venture capital (VC) investment in cleantech companies reached <span class="xn-money">$4.9 billion</span> in 2011, flat in terms of deals and down 4.5% in terms of capital invested compared to 2010, according to an Ernst &amp; Young LLP analysis based on data from Dow Jones VentureSource.  However, this represents a 29% increase from the <span class="xn-money">$3.8 billion</span> raised in 2009. In Q4 2011 VC investment in cleantech reached <span class="xn-money">$940.5 million</span> with 70 rounds of financing. </p> <p>&#34;Cleantech is still in the early stages of a long-term journey,&#34; said <span class="xn-person">Jay Spencer</span>, Ernst &amp; Young LLP&#39;s Americas Cleantech Director. &#34;We&#39;ve reached a point where new products and services are ready to be launched, and as these products come to market, we&#39;re seeing renewed interest, innovation and opportunity in cleantech.&#34; </p> <p><b><i>Energy/Electricity Generation segment leads annual growth</i></b></p> <p>The Energy/Electricity Generation segment led investment in 2011 with <span class="xn-money">$1.5 billion</span> raised through a total of 71 rounds, representing a 5% decrease in dollars invested from 2010. The Solar sub-segment received the lion&#39;s share of capital in Q4 2011 with <span class="xn-money">$284.5 million</span>, accounting for 91% of the sector&#39;s total investment of <span class="xn-money">$312.9 million</span>. The top Solar deal for this quarter was completed by Stion Corp., a <span class="xn-location">San Jose</span>-based a manufacturer of high-efficiency, thin-film solar panels, which raised <span class="xn-money">$130.0 million</span>. </p> <p>The Industry Products and Services segment completed 2011 with the second largest amount raised at <span class="xn-money">$1.0 billion</span>, down 34% from 2010. In Q4 2011, the segment raised <span class="xn-money">$256.2 million</span>, with strong support from the Transportation sub-segment, which raised <span class="xn-money">$203.2 million</span> or 79% of the Q4 2011 total, a 36% increase from the amount raised in Q4 2010. The largest deal was for the quarter was completed by Better Place, a <span class="xn-location">Palo Alto</span>-based provider of electric car networks, which raised <span class="xn-money">$201.0 million</span>.</p> <p>The Energy Storage segment ranked third in terms of total amount invested in 2011, with <span class="xn-money">$932.6 million</span> through 28 deals representing a 253% increase from 2010 in dollars invested and a 47% increase in number of deals. In Q4 2011, the segment raised <span class="xn-money">$35.0 million</span>, all of which can be attributed to the Batteries sub-segment. With <span class="xn-money">$30.0 million</span> raised, VIA Motors Inc., a <span class="xn-location">Utah</span>-based electric vehicle development and manufacturing company, secured the largest battery transaction in Q4 2011.</p> <p>Companies in the Energy Efficiency segment attracted <span class="xn-money">$646.9 million</span> in 2011, a 29% decrease from 2010. The segment, however, led both the year and quarter in rounds of financing with 78 deals and 21 deals respectively. Q4 2011 investments in this segment were led by the Energy Efficiency Products sub-segment with <span class="xn-money">$57.5 million</span> raised through 10 deals.</p> <p /> <p><b><i>Revenue generating companies lead with investments received</i></b></p> <p /> <p>Cleantech companies in the revenue generation stage of development accounted for 69% of dollars invested, up from 50% in 2010.  Total dollars invested in companies at this stage of development reached <span class="xn-money">$3.4 billion</span>, a 31% annual increase.   </p> <p><b><i>Capital market activity</i></b></p> <p>Growth in the US cleantech market in 2011 was supported by five cleantech IPOs – up from three in 2010. Three of the 2011 deals were completed by companies focused on biofuels: Solazyme Inc., Gevo Inc. and KiOR Inc. Two more IPOs were completed in Q4 2011, one by Intermolecular Inc., a <span class="xn-location">San Jose</span>-based research and development company for the semiconductor and clean energy sectors that raised <span class="xn-money">$96.5 million</span>, and another by Rentech Inc., a <span class="xn-location">Los Angeles</span>-based provider of clean energy solutions, that raised <span class="xn-money">$136.8 million</span>.  A total of <span class="xn-money">$688.3 million</span> was raised through cleantech IPOs in 2011.</p> <p>&#34;There&#39;s a strong appetite among cleantech companies to go public and we see tremendous opportunity as this industry continues to mature,&#34; said Spencer. &#34;The growing IPO pipeline shows viable, long-term potential.&#34; <br/><br/></p> <p>In terms of other capital market activity, there were 13 mergers and acquisitions (M&amp;A) with a disclosed value of <span class="xn-money">$150.5 million</span> in Q4 2011, according to Bloomberg New Energy Finance. Total M&amp;A activity in 2011 reached 79 deals with a total disclosed value of <span class="xn-money">$2.8 billion</span>.  </p> <p>Additionally, in Q4 2011, the US recorded 39 new–build clean energy asset financings with a total deal value of <span class="xn-money">$1.8 billion</span>, according to Bloomberg New Energy Finance. New-build asset financing in 2011 totaled <span class="xn-money">$23.2 billion</span> in 234 deals, of which the <span class="xn-money">$2.5 billion</span> financing of the 855MW NRG Energy Project Amp PV plant was the largest.</p> <p /> <p><b><i>Corporate activity in solar and wind </i></b></p> <p>Corporate activity was especially focused in two areas: solar and wind. In the solar market, Google Inc. and Kohlberg Kravis Roberts &amp; Co. (KKR) invested <span class="xn-money">$189.0 million</span> in four <span class="xn-location">California</span> solar farms totaling 88 MW of capacity. The projects will be built by Recurrent Energy Inc., a unit of Sharp Corp.  Additionally, NRG Energy Inc. acquired solar-power developer Solar Power Partners, deepening NRG&#39;s involvement in the solar power market.</p> <p>On the wind front, MidAmerican Energy bought 49% of the <span class="xn-money">$1.8 billion</span> 290 MW Agua Caliente project based in <span class="xn-location">Yuma County, Arizona</span>, which is being developed by NRG Energy. Duke Energy Corp. and American Transmission Co. bought a power line project to bring wind energy from <span class="xn-location">Wyoming</span> to the US Southwest.  MidAmerican Energy acquired three wind power projects with a combined capacity of 404.8 MW in <span class="xn-location">Iowa</span>.</p> <p><b><i>Cleantech partnerships across multiple segments</i></b></p> <p>Vestas is teaming with IBM to improve return on wind power investment by using the IBM BigInsights analytics software and an IBM Firestorm supercomputer to increase energy output. Honeywell is teaming up with AliphaJet to boost the development and eventual commercialization of renewable jet fuels from plant and animal matter. Mascoma is teaming up with Valero Energy to develop its first commercial-scale cellulosic ethanol plant at an expected cost of <span class="xn-money">$232.0 million</span>.</p> <p>Additionally, key players in the EV space are collaborating to expand the accessibility of EVs. Walmart will participate in ECOtality&#39;s EV Project, which is tasked with overseeing the installation of 14,000 hosted charging stations at select stores in 18 metropolitan areas. ECOtality will integrate its Blink EV charging stations with Silver Spring Networks&#39; Smart Energy Platform to enable utilities to offer customers more EV charging options globally.</p> <p><b><i>Regional highlights </i></b></p> <p><span class="xn-location">California</span> continues to lead national cleantech investment in 2011 with <span class="xn-money">$2.8 billion</span> raised. In Q4 2011 alone, <span class="xn-location">California</span> garnered 67% of all dollars with <span class="xn-money">$629.5 million</span> through 26 deals. <span class="xn-location">Massachusetts</span> raised the second highest level of annual investments with <span class="xn-money">$465.1 million</span>, a 63% increase from last year. <span class="xn-location">Colorado</span> had investments of <span class="xn-money">$363.3 million</span> throughout 2011, a 28% increase from 2010, making it the state with the third highest level of investments. </p> <p><b>About Ernst &amp; Young&#39;s Strategic Growth Markets Network</b></p> <p>Ernst &amp; Young&#39;s worldwide Strategic Growth Markets Network is dedicated to serving the changing needs of rapid-growth companies. For more than 30 years, we&#39;ve helped many of the world&#39;s most dynamic and ambitious companies grow into market leaders. Whether working with international mid-cap companies or early stage venture-backed businesses, our professionals draw upon their extensive experience, insight and global resources to help your business achieve its potential. It&#39;s how Ernst &amp; Young makes a difference. </p> <p><b>About Ernst &amp; Young</b></p> <p>Ernst &amp; Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 152,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential.</p> <p>For more information, please visit <a href="http://www.ey.com/" target="_blank">www.ey.com</a>.  </p> <p>Ernst &amp; Young refers to the global organization of member firms of Ernst &amp; Young Global Limited, each of which is a separate legal entity. Ernst &amp; Young Global Limited, a UK company limited by guarantee, does not provide services to clients. </p> <p>This news release has been issued by Ernst &amp; Young LLP, a US client-serving member firm of Ernst &amp; Young Global Limited.</p> <p><b>Note to editors: <br/></b>Data analyzed in the press release encompasses equity financings--including cash investments by professional venture capital firms, corporations, other private equity firms, and individuals--into cleantech companies that have received at least one round of venture funding.</p> <p>Ernst &amp; Young uses the following definitions to classify the cleantech industry and its sub-sectors:</p> <p>Clean technology encompasses a diverse range of innovative products and services that optimize the use of natural resources or reduce the negative environmental impact of their use while creating value by lowering costs, improving efficiency, or providing superior performance.</p> <ul type="disc"> <li>Alternative Fuels – Biofuels, natural gas </li> <li>Energy / Electricity Generation - Gasification, tidal/wave, hydrogen, geothermal, solar, wind, hydro </li> <li>Energy Storage - Batteries, fuel cells, flywheels </li> <li>Energy Efficiency - Energy efficiency products, power and efficiency management services, industrial products </li> <li>Water - Treatment processes, conservation &amp; monitoring </li> <li>Environment - Air, recycling, waste </li> <li>Industry Focused Products and Services - Agriculture, construction, transportation, materials, consumer products</li></ul> <div> <table style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; BORDER-COLLAPSE: collapse; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt" id="convertedTable" border="1" cellspacing="0" bordercolor="#000000" cellpadding="0"><tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span class="prnews_span" style="FONT-SIZE: 8pt; FONT-FAMILY: Arial"> </span></p> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span">Contact name:</span></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span">Michelle Sing </span></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span">Alex Hahn</span></span></p> </td></tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span">Company:</span></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span">Ernst &amp; Young LLP </span></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">VOX Global</span></p> </td></tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span">Tel:</span></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">+201 872 1362</span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span">+202 772 5029</span></p> </td></tr> <tr style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; PADDING-TOP: 0px"> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span">E-mail:</span></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><span class="prnews_span"><a class="prnews_a" href="mailto:Michelle.Sing@ey.com" target="_blank">Michelle.Sing@ey.com</a> </span></span></p> </td> <td style="BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt; PADDING-LEFT: 6pt; PADDING-RIGHT: 6pt; VERTICAL-ALIGN: bottom; BORDER-TOP: 1pt; BORDER-RIGHT: 1pt"> <p style="MARGIN: 0in" class="prnews_p"><span style="FONT-FAMILY: Arial; FONT-SIZE: 8pt" class="prnews_span"><a class="prnews_a" href="mailto:ahahn@voxglobal.com" target="_blank">ahahn@voxglobal.com</a></span></p> </td></tr></table></div> <p /><span> </span> <p /> <p>SOURCE Ernst &amp; Young LLP</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=NY44012&amp;Transmission_Id=201202010600PR_NEWS_USPR_____NY44012&amp;DateId=20120201" style="border:0px; width:1px; height:1px;"/> Shell and ORTEC sign contract for technical consultancy services http://www.einpresswire.com/article/674398-shell-and-ortec-sign-contract-for-technical-consultancy-services http://www.einpresswire.com/article/674398-shell-and-ortec-sign-contract-for-technical-consultancy-services Tue, 31 Jan 2012 10:07:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Shell and ORTEC sign contract for technical consultancy services</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">SYDNEY, Australia</span>, <span class="xn-chron">Jan. 31, 2012</span> /PRNewswire-Asia/ -- Shell Global Solutions International B.V. and ORTEC, a leading supplier in resource optimization tools and consulting services, have signed a contract to work closely together on a worldwide scale. The cooperation between Shell and ORTEC focuses on the optimization of supply chain processes and strategic decision making in up- and downstream engineering disciplines like planning &amp; scheduling, gas field production capacity optimization, spare parts management, and cost estimating. Shell and ORTEC have already been working together in a successful way for more than 25 years. &quot;The signing of the contract symbolizes the continuation of the long-lasting relation between Shell and ORTEC. Increasing global energy demand accelerates the pace of change in the oil and gas industry. Making the right decisions fast and accurate becomes evidently more important to retain a leading position in the industry. We are very proud to support Shell in this process with our modeling and fact-based consultancy services &quot;, says <span class="xn-person">Lambert van der Bruggen</span>, CEO ORTEC Consulting Group.</p> <p></p> <p><span class="xn-person">Paulus Steenkamp</span>, Vice President Manufacturing, Production and Engineering Software, Shell Global Solutions International B.V., adds: &quot;In Shell&#39;s drive to help secure a responsible energy future, ORTEC, with their high quality software development and technical consultancy services supports us in underpinning Shell&#39;s strategic objective to deliver leading technology solutions. This agreement secures the continuation of our relationship.&quot;</p> <p></p> <p>About ORTEC Consulting Group </p> <p></p> <p>The ORTEC Consulting Group, member of the ORTEC Group, assists companies and organizations to make informed, fact-based decisions based on thorough analysis. This provides decision-making confidence, which is a much-needed requirement especially when optimizing business processes. By analyzing historical data and projected forecasts, our specialist consultants can calculate scenarios that provide a clear view of the facts and figures. This information is vital for balanced decision-making and business processes optimization. For more information, visit <a href="http://www.ortec-consulting.com">www.ortec-consulting.com</a>.</p> <p></p> <p>About <span class="xn-person">Royal Dutch Shell</span> plc</p> <p></p> <p><span class="xn-person">Royal Dutch Shell</span> plc is incorporated in <span class="xn-location">England</span> and <span class="xn-location">Wales</span>, has its headquarters in <span class="xn-location">The Hague</span> and is listed on the <span class="xn-location">London</span>, <span class="xn-location">Amsterdam</span>, and <span class="xn-location">New York</span> stock exchanges. Shell companies have operations in more than 100 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For more information see: <a href="http://www.shell.com">www.shell.com</a></p> <p></p> <p>The companies in which <span class="xn-person">Royal Dutch Shell</span> plc directly and indirectly owns investments are separate entities. In this press release &quot;Shell&quot;, &quot;Shell group&quot; and &quot;Royal Dutch Shell&quot; are sometimes used for convenience where references are made to <span class="xn-person">Royal Dutch Shell</span> plc and its subsidiaries in general. Likewise, the words &quot;we&quot;, &quot;us&quot; and &quot;our&quot; are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.</p> <p>SOURCE ORTEC Consulting Group</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=4aea439e34f047250135333ad64f035f&amp;Transmission_Id=201201310507PR_NEWS_ASPR__EN_4aea439e34f047250135333ad64f035f&amp;DateId=20120131" style="border:0px; width:1px; height:1px;"/> Southwest Iowa Renewable Energy, LLC Reports Q1 Fiscal 2012 Earnings http://www.einpresswire.com/article/674214-southwest-iowa-renewable-energy-llc-reports-q1-fiscal-2012-earnings http://www.einpresswire.com/article/674214-southwest-iowa-renewable-energy-llc-reports-q1-fiscal-2012-earnings Tue, 31 Jan 2012 00:20:47 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Southwest Iowa Renewable Energy, LLC Reports Q1 Fiscal 2012 Earnings</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p /><p><span class="xn-location">COUNCIL BLUFFS, Iowa</span>, <span class="xn-chron">Jan. 30, 2012</span> /PRNewswire/ -- On <span class="xn-chron">January 30, 2012</span>, Southwest Iowa Renewable Energy, LLC (&#34;<u>SIRE</u>&#34;) announced its unaudited financial results for the first fiscal quarter of fiscal year 2012 ended <span class="xn-chron">December 31, 2011</span>.  SIRE reported a net income of <span class="xn-money">$8,995,321</span>, or <span class="xn-money">$684.63</span> per unit, compared to a net loss of <span class="xn-money">$396,318</span>, or <span class="xn-money">$30.61</span> per unit, for the same period in 2011.  The cash flow provided by (used in) operations for the first fiscal quarter of 2012 was <span class="xn-money">$7,141,342</span>, compared to <span class="xn-money">($4,474,497)</span> for the same period in 2011.</p> <p>(Logo:  <a href="http://photos.prnewswire.com/prnh/20100806/AQ47222LOGO">http://photos.prnewswire.com/prnh/20100806/AQ47222LOGO</a><img src="http://photos.prnewswire.com/prnthumb/20100806/AQ47222LOGO" align="right"/>)</p> <p>Adjusted EBITDA, which is defined as earnings before interest, income taxes, and depreciation and/or amortization, or EBITDA, as adjusted for unrealized hedging losses (gains), was $9,920,644 for the first quarter in fiscal 2012 and <span class="xn-money">$3,701,123</span> for the same period in fiscal 2011.  At <span class="xn-chron">December 31, 2011</span>, SIRE had <span class="xn-money">$7,353,932 million</span> in cash and equivalents and <span class="xn-money">$18,750,000</span> available under committed loan agreements (subject to satisfaction of specified lending conditions and covenants), as well as an additional <span class="xn-money">$6,250,000</span> available under uncommitted loan agreements.  For reconciliations of Adjusted EBITDA to net income attributable to SIRE, see &#34;Adjusted EBITDA&#34; below.</p> <p><span class="xn-person">Brian Cahill</span>, SIRE&#39;s General Manager and CEO, stated, &#34;Our first quarter in fiscal year 2012, with approximately <span class="xn-money">$9 million</span> in net income, reflects favorable margins resulting from the relative prices of our primary inputs and products during the quarter.  Our positive net income for the quarter also reflects the results of significant strides in process improvement, liquidity and debt reduction made during the previous fiscal year.  The continuing net debt reduction of approximately <span class="xn-money">$10.5 million</span> during the first quarter of fiscal 2012 will help position us for continuing improvements in liquidity in fiscal 2012.&#34;  </p> <p>The Volumetric Ethanol Excise Tax Credit (&#34;<u>VEETC</u>&#34;), which provided fuel blenders with a tax credit to blend ethanol with gasoline, expired on <span class="xn-chron">December 31, 2011</span>.  The loss of VEETC, the volatility of prices of our inputs, coupled with the current competitive dynamics of the fuels market, are expected to result in less favorable margins in the next three quarters of the year, primarily due to the price of ethanol.</p> <p><u>About Southwest Iowa Renewable Energy, LLC:</u></p> <p>SIRE is an <span class="xn-location">Iowa</span> limited liability company, located in <span class="xn-location">Council Bluffs, Iowa</span>, formed in March, 2005 to construct and operate a 110 million gallon name plate capacity ethanol plant.  SIRE began producing ethanol in February, 2009 and sells its ethanol, modified wet distillers grains with solubles, corn syrup, and corn oil in the continental <span class="xn-location">United States</span>.   SIRE also sells its dried distillers grains with solubles in the continental <span class="xn-location">United States</span>, <span class="xn-location">Mexico</span> and the <span class="xn-location">Pacific Rim</span>.</p> <p><i>This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such statements are made in good faith by SIRE  and are identified by including terms such as &#34;may,&#34; &#34;will,&#34; &#34;should,&#34; &#34;expects,&#34; &#34;anticipates,&#34; &#34;estimates,&#34; &#34;plans,&#34; or similar language.  In connection with these safe-harbor provisions, SIRE has identified in its Annual Report on Form 10-K for the fiscal year ended <span class="xn-chron">September 30, 2011</span>, and in the Company&#39;s subsequent filings with the SEC, important factors that could cause actual results to differ materially from those contained in any forward-looking statement made by or on behalf of SIRE, including, without limitation, the risk and nature of SIRE&#39;s business and the effects of general economic conditions on SIRE.  SIRE may experience significant fluctuations in future operating results due to a number of economic conditions, including, but not limited to, competition in the ethanol industry, commodity market risks, financial market risks, counter-party risks, and risks associated with changes to federal policy or regulation. The cautionary statements in this press release expressly qualify all of SIRE&#39;s forward-looking statements.   The forward-looking statements contained in this press release are included in the safe harbor protection provided by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.  SIRE further cautions that such factors are not exhaustive or exclusive.  SIRE does not undertake to update any forward-looking statement which may be made from time to time by or on behalf of SIRE unless an update is required by applicable securities laws.</i></p> <div style="margin-bottom:.0001in; margin-top:.0001in"><table cellspacing="0" cellpadding="1" style="border-collapse:collapse;border:none;"><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><i><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Summary Balance Sheets</span></i></b></p> <br/></td><td /></tr><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">SOUTHWEST IOWA RENEWABLE ENERGY, LLC</span></b></p> <br/></td><td /></tr><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Balance Sheets</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">ASSETS</span></b></p> </td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">December 31, 2011</span></p> </td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">September 30, 2011</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(Unaudited)</span></p> </td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: left; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Current Assets</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Cash and cash equivalents</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">7,353,932</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">11,006,590</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Restricted cash</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">301,741</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">301,361</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accounts receivable </span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">318,728</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">224,176</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accounts receivable, related party</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">16,460,473</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">17,642,245</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Due from broker</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,626,070</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; margin-left: 8pt;text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">3,428,450</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Inventory</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">12,447,055</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; margin-left: 8pt;text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">11,198,147</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Derivative financial instruments, related party</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">7,282</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="margin:0in; text-align: right; margin-left: 8pt;text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">0</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Prepaid expenses and other</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,504,243</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; margin-left: 8pt;text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,107,354</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 38pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total current assets</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">40,019,524</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">44,908,323</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Property, Plant, and Equipment</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Land</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,064,090</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,064,090</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Plant, Building and Equipment</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">203,965,704</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">203,749,761</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Office and Other Equipment</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">742,360</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">742,360</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total Cost</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">206,772,154</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">206,556,211</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accumulated Depreciation</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(45,147,143)</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(42,293,441)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 38pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Net property and equipment</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">161,625,011</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">164,262,770</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Other Assets</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Financing costs, net of amortization of $2,446,577 and $2,341,400</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,672,472</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,538,733</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 26pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total other assets</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,672,472</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,538,733</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 38pt;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total Assets</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">203,317,007</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">210,709,826</span></p> </td><td /></tr><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td /><td /><td /><td /><td /></tr></table><br/><br/></div><div style="margin-bottom:.0001in; margin-top:.0001in"><table cellspacing="0" cellpadding="1" style="border-collapse:collapse;border:none;"><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">LIABILITIES AND MEMBERS&#39; EQUITY</span></b></p> </td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">December 31,</span></p> <p style="white-space: nowrap; margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2011</span></p> </td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">September 30,</span></p> <p style="white-space: nowrap; margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2011</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(Unaudited)</span></p> </td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 2pt;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Current Liabilities</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accounts payable</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,578,703</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,090,561</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accounts payable, related parties</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">4,053,367</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">5,239,128</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Derivative financial instruments, related party</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">0</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,097,075</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Derivative financial instruments</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">576,688</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,875,075</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accrued expenses</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,285,432</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,615,092</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accrued expenses, related parties</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">4,432,606</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">3,831,583</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Current maturities of notes payable</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">12,897,698</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">21,236,780</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 22pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total current liabilities</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">25,824,494</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">39,985,294</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/><p style="margin:0in; text-align: left; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Long Term Liabilities</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Notes payable, less current maturities</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">119,198,464</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">121,400,805</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Other</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">575,011</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">600,010</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 22pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total long term liabilities     </span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">119,773,475</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">122,000,815</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/><p style="margin:0in; text-align: left; margin-left: 2pt;text-align: left; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Commitments and Contingencies</span></b></p> <br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: left; margin-left: 2pt;text-align: left; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Members&#39; Equity</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Members&#39; capital, 13,139 Units issued and outstanding</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">76,474,111</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">76,474,111</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 8pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Accumulated (deficit)</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(18,755,073)</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(27,750,394)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 22pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total members&#39; equity</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">57,719,038</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">48,723,717</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: left; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Total Liabilities and Members&#39; Equity</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">203,317,007</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">210,709,826</span></p> </td><td /></tr><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td /><td /><td /><td /><td /></tr></table><br/><br/></div><div style="margin-bottom:.0001in; margin-top:.0001in"><table cellspacing="0" cellpadding="1" style="border-collapse:collapse;border:none;"><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><i><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Financial Results</span></i></b></p> </td><td /></tr><tr><td valign="bottom" colspan="5" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Statements of Operations (Unaudited)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Three Months Ended</span></b></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Three Months Ended</span></b></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">December 31, 2011</span></b></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">December 31, 2010</span></b></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Revenues</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">95,196,683</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">62,265,743</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Cost of Goods Sold</span></b></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">    Cost of goods sold-non hedging</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">85,816,377</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">58,144,413</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">    Realized &amp; unrealized hedging (gains) and losses</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(3,390,641)</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">887,819</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Cost of Goods Sold</span></b></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">82,425,736</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">59,032,232</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">        Gross Margin</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">12,770,947</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">3,233,511</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">    General and Administrative Expenses</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,312,817</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1,200,888</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">        Operating Income</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">11,458,130</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,032,623</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Other (Income) Expense</span></b></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">    Interest income</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(4,717)</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(3,972)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">    Interest expense</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,474,364</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,439,563</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">    Miscellaneous income</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(6,838)</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(6,650)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">        Total</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,462,809</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,428,941</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Net Income (Loss)</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">8,995,321</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(396,318)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:double black 2.5pt; "><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:double black 2.5pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Weighted Average Units</span></b></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Outstanding-Basic &amp; Diluted</span></b></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">13,139</span></p> </td><td valign="top" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">13,139</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Net income (loss) per unit–basic &amp; diluted</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:double black 2.5pt; border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">684.63</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:double black 2.5pt; border-bottom:double black 2.5pt; padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(30.16)</span></p> </td><td /></tr><tr><td /><td /><td /><td /><td /></tr></table><br/><br/></div><p>Management uses Adjusted EBITDA, a non-GAAP measure, to measure the SIRE&#39;s financial performance and to internally manage its business.   Management believes that adjusted EBITDA provides useful information to investors as a measure of comparison with peer and other companies.   Adjusted EBITDA should not be considered an alternative to, or more meaningful than, net income or cash flow as determined in accordance with generally accepted accounting principles.  Adjusted EBITDA calculations may vary from company to company.  Accordingly, our computation of Adjusted EBITDA may not be comparable with a similarly-titled measure of another company.</p> <p>The following sets forth the reconciliation of Net Loss to Adjusted EBITDA (unaudited) for the periods indicated:</p> <div style="margin-bottom:.0001in; margin-top:.0001in"><table cellspacing="0" cellpadding="1" style="border-collapse:collapse;border:none;"><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><tr><td valign="bottom" colspan="4" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Three Months Ended</span></p> <p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">December 31, 2011</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Three Months Ended</span></p> <p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">December 31, 2010</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; margin-left: 2pt;text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Amounts</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Amounts</span></b></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; margin-left: 0.5pt;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Net income (loss)</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$    8,995,321</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$    (396,318)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Interest Expense</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,474,364</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,435,591</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Depreciation</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,853,703</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">4,849,211</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">EBITDA</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$   14,323,388</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$  6,888,484</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Change in Unrealized hedging (gains) losses</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(4,402,744)</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">(3,187,361)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Adjusted EBITDA</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$   9,920,644</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$  3,701,123</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:double black 2.5pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:double black 2.5pt; "><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Adjusted EBITDA per unit</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$755.05</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:double black 2.5pt; padding-right: 10pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$281.69</span></p> </td><td /></tr><tr><td valign="bottom" colspan="4" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td /><td /><td /><td /></tr></table><br/><br/></div><div style="margin-bottom:.0001in; margin-top:.0001in"><table cellspacing="0" cellpadding="1" style="border-collapse:collapse;border:none;"><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><col style="padding: 0pt 5.4pt 2pt 5.4pt;" /><tr><td valign="bottom" colspan="15" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><i><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Statistical Information</span></i></b></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" colspan="6" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Three Months Ended December 31, 2011 </span></p> <p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;"> (Unaudited)</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" colspan="7" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Three Months Ended December 31, 2010 </span></p> <p style="margin:0in; text-align: center; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;"> (Unaudited)</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Gallons/Tons Sold</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">% of</span></b></p> <p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Revenues</span></b></p> </td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Gallons/Tons</span></b></p> <p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Average Price</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Gallons/Tons Sold </span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">% of</span></b></p> <p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Revenues</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><br/></td><td valign="bottom" colspan="2" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;border-top:solid black 1pt; border-bottom:solid black 1pt; "><p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Gallons/Tons</span></b></p> <p style="margin:0in; text-align: center; "><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Average Price </span></b></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><b><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Statistical Revenue Information</span></b></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Denatured Ethanol</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">30,873,285</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">81%</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2.48</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">26,333,450</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">82.4%</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">1.93</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Dry Distiller&#39;s Grains</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">70,376</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">17%</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">197.64</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">80,360</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">18%</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">133.17</span></p> </td><td /></tr><tr><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style=" margin:0in;"><span class="prnews_span" style="font-family:Arial;font-size:8pt;">Corn Oil</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2,805</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">2%</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="white-space: nowrap; margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">824.29</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">-</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 6pt; "><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">0%</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">$</span></p> </td><td valign="bottom" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;padding-right: 14pt; "><p style="margin:0in; text-align: right; "><span class="prnews_span" style="font-family:Arial;font-size:8pt;">-</span></p> </td><td /></tr><tr><td valign="bottom" colspan="15" style="margin-top:0%;margin-bottom:0%;padding-top:0%;padding-bottom:0%;"><br/></td><td /></tr><tr><td /><td /><td /><td /><td /><td /><td /><td /><td /><td /><td /><td /><td /><td /><td /></tr></table><br/><br/></div> <p>SOURCE Southwest Iowa Renewable Energy, LLC</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=AQ44444&amp;Transmission_Id=201201301920PR_NEWS_USPR_____AQ44444&amp;DateId=20120130" style="border:0px; width:1px; height:1px;"/> CNPV's Customers Qualify for a 10% Premium on Italian FiTs http://www.einpresswire.com/article/673021-cnpv-s-customers-qualify-for-a-10-premium-on-italian-fits http://www.einpresswire.com/article/673021-cnpv-s-customers-qualify-for-a-10-premium-on-italian-fits Mon, 30 Jan 2012 11:47:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">CNPV&#39;s Customers Qualify for a 10% Premium on Italian FiTs</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">LUXEMBOURG</span> and DONGYING, <span class="xn-location">China</span>, <span class="xn-chron">Jan. 30, 2012</span> /PRNewswire-Asia/ -- CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of <span class="xn-location">Luxembourg</span> and a leading integrated manufacturer of solar photovoltaic products, today announced external confirmation of significant European content within their polycrystalline modules, qualifying them for an additional 10% premium on the Italian feed in tariffs.</p> <p></p> <p>(LOGO: <a href="http://photos.prnewswire.com/prnh/20081103/CNM010LOGO">http://photos.prnewswire.com/prnh/20081103/CNM010LOGO</a><img src="http://photos.prnewswire.com/prnthumb/20081103/CNM010LOGO" align="right"/> )</p> <p></p> <p>Mr. Bypina Veerraju Chaudary, CNPV&#39;s COO &amp; CTO qualified the position in more detail, &quot;The updated Conto Energia IV feed-in tariff (FiT) policy, allows for a premium FiT payment for &#39;Made in <span class="xn-location">Europe</span>&#39; modules. This clear positive payment differential has a significant financial impact for our customers. Many of our component elements are of European origin, as a result of our technical performance and quality criteria selection processes; this in part contributes to our validated competitive benefits when observing power harvested and value in use. The amended Italian FiT policy ascribes the 10% premium payment when the EU made components constitute at least 60% of the cost of the PV system. It was therefore a matter of obtaining a confirming certificate for us to attain the &#39;Made in EU&#39; insignia. It is particularly exciting when our decisions, such as raw material selection for technical superiority, can then provide further unforeseen external commercial benefits to our customers.&quot;</p> <p></p> <p>The raw material and component testing was carried out in this case by the Institute of Industrial Certification for Mechanics (ICIM). While the period of testing was controlled by the extent and depth of the investigation into each element of the supply chain, the qualification for the premium is effective immediately.</p> <p></p> <p>Back to CNPV&#39;s COO &amp; CTO; &quot;The successes CNPV continues to yield in both emerging and established global solar markets are the results of our ongoing commitment to meeting the varying needs of regional customers. Achieving &#39;Made in EU&#39; status is an additional vital component to earning the lasting trust of customers in <span class="xn-location">Italy</span> and throughout <span class="xn-location">Europe</span>, as well as supportingEuropean suppliers who provide the technical superiority that we encompass.Utilising this approach, our customers can have it all; techno-commercial advantages, support of local industry and the luxury of a premium payment on higher harvest numbers.&quot;</p> <p></p> <p>About CNPV</p> <p></p> <p>CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Solar Power Company Limited, is a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules. CNPV designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules. Please visit CNPV&#39;s website at <a href="http://www.cnpv-power.com">http://www.cnpv-power.com</a></p> <p></p> <p>For more information, please contact:</p> <p></p> <p>CNPV Solar Power SA </p> <p>Bypina Veerraju Chaudary, Chief Operating Officer </p> <p>Phone: +86-13656-473355, </p> <p>Email: <a href="mailto:chaudary@cnpv-power.com">chaudary@cnpv-power.com</a></p> <p>Phone: +86-546-779-5555 </p> <p>E-mail: <a href="mailto:ir@cnpv-power.com">ir@cnpv-power.com</a></p> <p>SOURCE CNPV Solar Power SA</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=4aea439e34f0472501352e6fa18b02d2&amp;Transmission_Id=201201300647PR_NEWS_ASPR__EN_4aea439e34f0472501352e6fa18b02d2&amp;DateId=20120130" style="border:0px; width:1px; height:1px;"/> CNPV's Customers Qualify for a 10% Premium on Italian FiTs http://www.einpresswire.com/article/672943-cnpv-s-customers-qualify-for-a-10-premium-on-italian-fits http://www.einpresswire.com/article/672943-cnpv-s-customers-qualify-for-a-10-premium-on-italian-fits Mon, 30 Jan 2012 10:54:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">CNPV&#39;s Customers Qualify for a 10% Premium on Italian FiTs</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">LUXEMBOURG</span> and DONGYING, <span class="xn-location">China</span>, <span class="xn-chron">Jan. 30, 2012</span> /PRNewswire-Asia/ -- CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of <span class="xn-location">Luxembourg</span> and a leading integrated manufacturer of solar photovoltaic products, today announced external confirmation of significant European content within their polycrystalline modules, qualifying them for an additional 10% premium on the Italian feed in tariffs.</p> <p></p> <p>(Logo: <a href="http://www.prnasia.com/sa/200811031303.jpg">http://www.prnasia.com/sa/200811031303.jpg</a> ) </p> <p></p> <p>Mr. Bypina Veerraju Chaudary, CNPV&#39;s COO &amp; CTO qualified the position in more detail, &quot;The updated Conto Energia IV feed-in tariff (FiT) policy, allows for a premium FiT payment for &#39;Made in <span class="xn-location">Europe</span>&#39; modules. This clear positive payment differential has a significant financial impact for our customers. Many of our component elements are of European origin, as a result of our technical performance and quality criteria selection processes; this in part contributes to our validated competitive benefits when observing power harvested and value in use. The amended Italian FiT policy ascribes the 10% premium payment when the EU made components constitute at least 60% of the cost of the PV system. It was therefore a matter of obtaining a confirming certificate for us to attain the &#39;Made in EU&#39; insignia. It is particularly exciting when our decisions, such as raw material selection for technical superiority, can then provide further unforeseen external commercial benefits to our customers.&quot;</p> <p></p> <p>The raw material and component testing was carried out in this case by the Institute of Industrial Certification for Mechanics (ICIM). While the period of testing was controlled by the extent and depth of the investigation into each element of the supply chain, the qualification for the premium is effective immediately. </p> <p></p> <p>Back to CNPV&#39;s COO &amp; CTO; &quot;The successes CNPV continues to yield in both emerging and established global solar markets are the results of our ongoing commitment to meeting the varying needs of regional customers. Achieving &#39;Made in EU&#39; status is an additional vital component to earning the lasting trust of customers in <span class="xn-location">Italy</span> and throughout <span class="xn-location">Europe</span>, as well as supporting European suppliers who provide the technical superiority that we encompass. Utilising this approach, our customers can have it all; techno-commercial advantages, support of local industry and the luxury of a premium payment on higher harvest numbers.&quot; </p> <p></p> <p>About CNPV </p> <p></p> <p>CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Solar Power Company Limited, is a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules. CNPV designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules. Please visit CNPV&#39;s website at <a href="http://www.cnpv-power.com">http://www.cnpv-power.com</a></p> <p></p> <p>For more information, please contact: </p> <p></p> <p>CNPV Solar Power SA</p> <p>Bypina Veerraju Chaudary, Chief Operating Officer</p> <p>Phone: +86-13656-473355, </p> <p>Email: <a href="mailto:chaudary@cnpv-power.com">chaudary@cnpv-power.com</a> </p> <p>Phone: +86-546-779-5555</p> <p>E-mail: <a href="mailto:ir@cnpv-power.com">ir@cnpv-power.com</a></p> <p>SOURCE CNPV Solar Power SA</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=4aea439e34f0472501352e3e9ed302c0&amp;Transmission_Id=201201300554PR_NEWS_ASPR__EN_4aea439e34f0472501352e3e9ed302c0&amp;DateId=20120130" style="border:0px; width:1px; height:1px;"/> CNPV One of the Lowest Product Carbon Footprints Within Solar PV Suppliers http://www.einpresswire.com/article/672879-cnpv-one-of-the-lowest-product-carbon-footprints-within-solar-pv-suppliers http://www.einpresswire.com/article/672879-cnpv-one-of-the-lowest-product-carbon-footprints-within-solar-pv-suppliers Mon, 30 Jan 2012 10:41:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">CNPV One of the Lowest Product Carbon Footprints Within Solar PV Suppliers</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">LUXEMBOURG</span> and DONGYING, <span class="xn-location">China</span>, <span class="xn-chron">Jan. 30, 2012</span> /PRNewswire-Asia/ -- CNPV Solar Power SA, a public limited liability company organized under the laws of the Grand Duchy of <span class="xn-location">Luxembourg</span> and a leading integrated manufacturer of solar photovoltaic products, today confirmed TUV Rheinland verified their Mono and Polycrystalline modules meet ISO CD14067. The specific data accrued during assessment places CNPV as one of the leading Companies controlling their impact on the environment and natural resources.</p> <p></p> <p>(Logo: <a href="http://www.prnasia.com/sa/200811031303.jpg">http://www.prnasia.com/sa/200811031303.jpg</a> ) </p> <p></p> <p>&quot;We champion green energy conversion daily, as we demonstrate our real value features and initiatives within our products,&quot; iterated Mr. Bypina Veerraju Chaudary, CNPV&#39;s COO. &quot;Historically, we initiated our corporate policies to first and foremost satisfy the ethical requirement that we share with our customer base. This alignment of principles is fundamental to our customer satisfaction and covers all elements of interaction, morally, ethically, technically and commercially. With recent conclusive data provided by TUV Rheinland demonstrating our results to date, we can continue to develop further initiatives to continually reduce our environmental impact from both sides of the equation; further reduction in carbon consumption during the products life cycle, and increased photon conversion with products in use.&quot;</p> <p></p> <p>The ISO CD14067 standard incorporates ISO 14040:2006, ISO 14044:2006, and PAS2050:2011. It delivers a numerical CO2 value generated from both manufacture and through the life cycle of the product over a period of 100 years. The evaluation process includes raw materials evaluation, conversion processes, manufacturing burdens, in use variations of the product and final degradation.</p> <p></p> <p>For a Company involved intensively in promoting green energy conversion, the only way to know that they truly believe what they are promoting is when they are able to supply their independently assessed &quot;Carbon Footprint Calculated&quot; logo with their products. </p> <p></p> <p>About CNPV</p> <p></p> <p>CNPV Solar Power SA (NYSE Euronext: ALCNP), through its wholly-owned subsidiary, CNPV Dongying Solar Power Company Limited, is a leading integrated manufacturer of solar photovoltaic products from the production of ingots, wafers and cells to the assembly of PV modules. CNPV designs, manufactures and supplies highly efficient and cost effective crystalline solar photovoltaic modules. Reliability &amp; longevity are built into our world-class crystalline solar photovoltaic modules, which undergo rigorous internal tests and external certifications (IEC61215, IEC61730, UL, and CE) to ensure peak performance and safety. For further information, please visit CNPV&#39;s website at <a href="http://www.cnpv-power.com">http://www.cnpv-power.com</a></p> <p></p> <p>For more information, please contact: </p> <p></p> <p>CNPV Solar Power SA</p> <p>Bypina Veerraju Chaudary, Chief Operating Officer</p> <p>Phone: +86-13656-473355, </p> <p>Email: <a href="mailto:chaudary@cnpv-power.com">chaudary@cnpv-power.com</a></p> <p>Phone: +86-546-779-5555</p> <p>E-mail: <a href="mailto:ir@cnpv-power.com">ir@cnpv-power.com</a></p> <p>SOURCE CNPV Solar Power SA</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=4aea439e34f0472501352e30e23c02bb&amp;Transmission_Id=201201300541PR_NEWS_ASPR__EN_4aea439e34f0472501352e30e23c02bb&amp;DateId=20120130" style="border:0px; width:1px; height:1px;"/> Cost Effective and Greener - Asia Carbon Industries Completes Gas Pipeline and Oil Processing Projects http://www.einpresswire.com/article/672773-cost-effective-and-greener-asia-carbon-industries-completes-gas-pipeline-and-oil-processing-projects http://www.einpresswire.com/article/672773-cost-effective-and-greener-asia-carbon-industries-completes-gas-pipeline-and-oil-processing-projects Wed, 25 Jan 2012 14:45:00 +0000 <div class="xn-newslines"> <h1 class="xn-hedline">Cost Effective and Greener - Asia Carbon Industries Completes Gas Pipeline and Oil Processing Projects</h1> <p class="xn-distributor">PR Newswire</p> </div> <div class="xn-content"> <p><span class="xn-location">NEW YORK</span>, <span class="xn-chron">Jan. 25, 2012</span> /PRNewswire/ -- Asia Carbon Industries, Inc. (&quot;Asia Carbon&quot;, or the &quot;Company&quot;), OTCBB:ACRB, today announced its completion of two infrastructure projects: a gas pipeline and naphthalene oil processing facility. The self-funded projects will have a positive impact on the Company&#39;s future operations.</p> <p></p> <p>Gas Pipeline Project</p> <p></p> <p>The Gas Pipeline Project will enable the Company to use natural gas as fuel for production instead of coal tar oil. Using natural gas as fuel is far cleaner than coal tar oil, the traditional fuel. The Company invested approximately <span class="xn-money">$2.5 million</span> (approximately 16 million Renminbi (&quot;RMB&quot;) for the construction of the pipeline, which was initiated in June of 2011, and completed in <span class="xn-chron">December 2011</span>.</p> <p></p> <p>Utilization of natural gas will not only result in fewer emissions, it will also reduce the Company&#39;s energy costs. Management estimates the savings associated with the switch will be approximately <span class="xn-money">$1.5 million</span> (approximately <span class="xn-money">9.6 million RMB</span>) per year, when operating at full capacity.</p> <p></p> <p>Naphthalene Oil Process Project</p> <p></p> <p><span class="xn-person">Asia Carbon</span> began selling Naphthalene oil, a by-product of the carbon black production process in July, 2011. As demand continued to grow, the Company decided to increase its refining and storage capacity. <span class="xn-person">Asia Carbon</span> invested approximately <span class="xn-money">$3 million</span> (approximately <span class="xn-money">18.6 million RMB</span>) in the facility which has the capacity to process an additional 2,400 tons naphthalene per year. Construction was completed in <span class="xn-chron">December 2011</span>. At the current pricing, this Naphthalene project would contribute approximately <span class="xn-money">$1.7 million</span> in revenue, at full capacity.</p> <p></p> <p>Ms. <span class="xn-person">Yao Guoyun</span>, <span class="xn-person">Asia Carbon&#39;s</span> Chairwoman of the Board and Chief Executive Officer, commented, &quot;We are very pleased to announce the completion of both gas pipeline and naphthalene projects at the end of 2011, as they represent an important step in our expansion plans for <span class="xn-person">Asia Carbon</span>. Together, these projects are expected to increase revenues and improve margins going forward. This contribution will also help us to offset any negative impact from increases in raw material pricing.&quot;</p> <p></p> <p>Ms. Yao went on to say, &quot;In order to facilitate our ability to meet the growing demand for our product, we are building a new 3,700 square meters (approximately 40,000 square feet) warehouse for our carbon black products. We estimate the cost for this warehouse will be approximately <span class="xn-money">US$1 million</span> and anticipate construction will be completed by the end of the first quarter 2012.&quot;</p> <p></p> <p>This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such State.</p> <p></p> <p>About Asia Carbon Industries, Inc.</p> <p></p> <p>Asia Carbon Industries Inc. is an emerging, <span class="xn-location">China</span>-based producer of a series of high quality carbon black products under the brand name &quot;Great Double Star.&quot; The Company was established in 2003 in <span class="xn-location">Shanxi, China&#39;s</span> highest coal producing province. <span class="xn-person">Asia Carbon</span> is one of the top ten carbon black producers in the province and has established relationships with a high-profile customer base. The Company went public in 2010 through a registration statement on Form S-1 which was declared effective by the SEC on <span class="xn-chron">October 26, 2010</span>, and is currently in the process of expanding its manufacturing capacity to meet the anticipated demand.</p> <p></p> <p>Forward-looking statements:</p> <p></p> <p>The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as &quot;anticipate,&quot; &quot;appear,&quot; &quot;believe,&quot; &quot;could,&quot; &quot;estimate,&quot; &quot;expect,&quot; &quot;hope,&quot; &quot;indicate,&quot; &quot;intend,&quot; &quot;likely,&quot; &quot;may,&quot; &quot;might,&quot; &quot;plan,&quot; &quot;potential,&quot; &quot;project,&quot; &quot;seek,&quot; &quot;should,&quot; &quot;will,&quot; &quot;would,&quot; and other variations or negative expressions of these terms, including statements related to expected market trends and the Company&#39;s performance, are all &quot;forward-looking statements&quot; within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company&#39;s expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.</p> <p></p> <p>Company contact:</p> <p></p> <p><span class="xn-person">Michael Segal</span> </p> <p>Asia Carbon Industries, Inc.</p> <p>Phone +1-646-623-699</p> <p>SOURCE Asia Carbon Industries, Inc.</p> </div> <img alt="" src="http://rt.prnewswire.com/rt.gif?NewsItemId=4aea439e34f0472501352d00234b0289&amp;Transmission_Id=201201250945PR_NEWS_ASPR__EN_4aea439e34f0472501352d00234b0289&amp;DateId=20120125" style="border:0px; width:1px; height:1px;"/>