Parallel Products, Inc.
Parallel Products, Inc.
Parallel Products, Inc.
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<strong>Parallel</strong> <strong>Products</strong>, <strong>Inc</strong>.<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
<strong>Parallel</strong> <strong>Products</strong>, <strong>Inc</strong>.<br />
<strong>Parallel</strong> <strong>Products</strong>, <strong>Inc</strong>.<br />
Kentucky Taskforce on Biomass<br />
and Biofuels<br />
Intelligent Energy Choices<br />
November 4, 2009<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
An Intelligent Energy Choice<br />
<strong>Parallel</strong> <strong>Products</strong> has been contributing<br />
to energy efficiency, renewable energy<br />
and Bio-fuels initiatives for over<br />
20 years and is expanding efforts to<br />
increase those contributions.<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Contributions<br />
Annually, <strong>Parallel</strong> <strong>Products</strong>…<br />
‣ …produces 5.5 million gallons of Waste-Derived<br />
Advanced Bio-fuels (Ethanol) from discarded beverages<br />
and industrial by-products<br />
‣ …contributes to over 51 million gallons of E10 gasoline<br />
without food offsets & water contamination<br />
‣ All converted from:<br />
• 13 million cases of distressed product (10mm KY)<br />
• 7.7 million gallons of bulk liquids (5mm KY)<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Who Are We?<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
<strong>Parallel</strong> is America’s leader in unsaleables<br />
destruction and recycling<br />
We annually recover/recycle:<br />
‣ 70 million Lbs of Glass<br />
‣ 4.5 million Lbs of Aluminum<br />
‣ 60 million Lbs of Plastics<br />
‣ 7 million Lbs of Other<br />
Packaging Materials<br />
‣ 34 million Lbs of Brewing<br />
Residuals<br />
‣ One (1) Bourbon Distillery<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Locations<br />
‣ Louisville, KY (Corporate HQ)<br />
• Resource Recovery, H&B, Ethanol Production<br />
‣ Ontario, CA<br />
• Resource Recovery, Ethanol Production<br />
‣ New Bedford, MA<br />
• PET Plastics Recycling, Resource Recovery<br />
‣ Bronx, NY<br />
• PET Plastics Recycling, Resource Recovery<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Before the “Buzz”<br />
‣ Experience-<br />
• Since 1979 in California<br />
• Since 1989 in Kentucky<br />
‣ Our Focus Now and Forward<br />
• Improve Energy Efficiency<br />
• <strong>Inc</strong>rease the production and use of<br />
Renewables in the Metropolitan<br />
Community<br />
• <strong>Inc</strong>reased Biofuels Production<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Our Immediate Impact on Kentucky’s 7<br />
Point Strategy<br />
Strategies 1,2 & 3 form a three-part vision to<br />
provide 25% of KY’s energy needs by 2025<br />
through energy efficiency, renewable energy<br />
and biofuels.<br />
(Intelligent Energy Choices for Kentucky’s Future- November 2009)<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
<strong>Inc</strong>rease Renewable Energy!<br />
ANAEROBIC DIGESTION<br />
‣ New Innovation for Proven Technology<br />
‣ Mixed Stream Stillage to Energy<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Strategy 1: Improve Energy Efficiency<br />
in Homes, Buildings, Industries, Fleets<br />
‣ Reduce fuel consumption by 50% (500mmbtu to<br />
250mmbtu/day)<br />
‣ Generate fuel from waste-derived and<br />
renewable sources (250mmbtu/day from Anaerobic<br />
Derived Biogas)<br />
‣ <strong>Parallel</strong> steps “Off the Grid”<br />
‣ Others too… “Green Energy Community<br />
Program” (117mmbtu/day energy surplus)<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Strategy 2: <strong>Inc</strong>rease Kentucky’s Use of<br />
Renewable Energy<br />
‣ Conversion of major industrial user of Natural<br />
Gas to renewable Biofuel through Anaerobic<br />
Digestion<br />
‣ Potential conversion of other local users for<br />
Biofuel surplus<br />
‣ Provides model for additional applications of<br />
Anaerobic Digestion & Methane use<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Strategy 3: Sustainably Grow<br />
Kentucky’s Production of Biofuels<br />
Anaerobic Digestion:<br />
‣ Efficiently captures energy from existing waste<br />
streams (Stillage 7.2million gal/yr)<br />
‣ Allows for expansion into diverse feed streams<br />
for additional Biofuel growth (dairy/sugar 1.2million gal/yr)<br />
‣ Technology provides a more economical<br />
“Green” solution for the marketplace<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Additional Benefits<br />
‣ Employment:<br />
‣ Fifty (50) construction positions for up to 1 year<br />
‣ Several part-time to full-time conversions at <strong>Parallel</strong><br />
‣ Addition of two (2) full-time technical positions<br />
‣ Community:<br />
‣ Renovation of decaying infrastructure<br />
‣ Repurpose facilities for Green Initiatives<br />
‣ Create/Preserve Green Jobs in low income community<br />
‣ New application of technology in existing industrial<br />
community<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com
Questions?<br />
For Further Information, Contact:<br />
Ken Reese- VP Sales & Mktg 281-844-6493<br />
kenr@parallelproducts.com<br />
Kevin Broecker- Dir. of Operations 502-753-2945<br />
kevinb@parallelproducts.com<br />
Liz Griffin- Sales & Marketing 502-471-2456<br />
lizg@parallelproducts.com<br />
Susan Griffin- President-GF&M 502-671-0680<br />
susan@gfmky.com<br />
Environmentally<br />
Sound Solutions<br />
www.parallelproducts.com