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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

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