Jatropha Project

Recycled oil

Solar
energy Plantation Oil extraction

The Biodiesel chain

Biodiesel
CO2 Production
Consumption Distribution

1
 What is Biodiesel?

 It's a fuel made from natural, renewable sources such as

vegetable oil, similar to the Diesel from petroleum

Obs: Biodiesel is not the same as vegetable oil!

Vegetable oil becomes biodiesel after a chemical process. 2
What are the advantages of 
Biodiesel?
 Renewable
 It can be blended in any concentration with diesel-oil
 Can be used in unmodified diesel vehicles
 Produced from many sources
 Edible virgin or used oil (olive, soy, corn, sunflower, ecc)
 Non-edible oils (castor, jatropha)
 Animal fat (lard)
 Does not contribue to the Greenhouse gas effect

3
 Is it really the same as Diesel?
 The NREL-US test
 Buses :5 B20 e 4 Diesel comum
 2 years, 160.000 km
 Chassis: Orion V / 2000
 Motor: Cummins / 2000
Diesel B20
 Conclusion Consuption 1,87 1,87 km/l
Maintenance
 Consumption: the same Bus 0,34 0,32 US$/km
Motor 0,03 0,04 US$/km
 Maintenance : the same
Technically equivalent

Fonte: 100,000-Mile Evaluation of Transit Buses Operated on Biodiesel Blends (B20)

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National Renewable Energy Laboratory—U.S. Department of Energy
Case: NewHolland
New Holland tested biodiesel for 2 
years with no adverse effects in 
New Holland Supports B100 performance and maintenance
8 November 2007

New Holland Agricultural Equipment now supports the use of B100 biodiesel in all equipment with New
Holland-manufactured diesel engines, including electronic injection engines with common rail technology.

Overall, nearly 80% of New Holland-branded products with diesel engines are now available to operate on B100
biodiesel. New Holland has also asked other suppliers of diesel engines used in New Holland-branded products to
test and approve higher levels of biodiesel.

Penn State’s College of Agricultural Sciences is operating new, unmodified New Holland tractors on B100
biodiesel on their 1,500-acre research farm to find out what diesel equipment owners can expect to experience
when they use B100. After nearly two years of use, the tractors have performed with no adverse effects in
performance or maintenance, according to Glen Cauffman, the university’s manager of farm operations and
services.
Paul Trella, New Holland Director of Product Marketing for Under-100 HP Tractors, stressed it is essential to use
high-quality biodiesel produced to ASTM D6751 standards from a reputable supplier who can offer consistent fuel
quality to ensure optimum performance and engine durability.

Source: New Holland Web site at www.newholland.com/na.

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 Case: Aviation First jet flight with 100% 
biodiesel

World's First 100% Biodiesel Jet Flight

by Sami Grover, Carrboro, NC, USA on 10.12.07

Aviation history was made earlier this week in the high desert at the Reno-Stead Airport when an L-29 military
aircraft piloted by Carol Sugars and Douglas Rodante succeeded in completing the world’s first jet flight
powered solely by 100% biodiesel fuel. The Czechoslovakian-made aircraft is rated to fly on a variety of fuels
including heating oil, making it the preferred platform for testing biodiesel in jet engines.

The experimental test flights were conducted starting with a blend of jet fuel and biodiesel. The engine data was
measured and the performance was evaluated and found acceptable for continued use, eventually resulting in
the landmark flight using 100% renewable biodiesel fuel. According to Chief Pilot Carol Sugars who wrote
and conducted the test program, “As we gradually increased the amount of biodiesel in the fuel blend, the data
confirmed that the aircraft continued to perform well, giving me the confidence to transition to 100% biodiesel.”
Flight tests were conducted up to an altitude of 17,000 feet showing no significant difference in performance
compared to conventional jet fuel.
Source: http://www.treehugger.com/files/2007/10/worlds_ first_100_ percent_biodiesel_ jet_ flight.php

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 Case: Aviation Petrobras, TecBio, Boeing, Nasa and 
Virgin Atlantic are testing fuels 
produced from vegetable oils
Bio-jet fuel tests planned
07 june 2007
Petroleo Brasileiro SA, Brazil's state oil company, plans to study and distribute bio-jet fuel
made from an oilseed blend. Studies by Brazil's TecBio, Boeing Co and NASA show use of the
fuel is feasible, Petrobras said yesterday at a biofuels conference in Rio de Janeiro.
Experimental tests with alternative jet fuels will begin this month under the TecBio-Boeing-NASA
program, Francelino da Silva Paes, a Petrobras biofuels official, said during a presentation of the
company's plan. The world's first demonstration flight using the fuel is planned for next year by
Boeing, General Electric Co and Virgin Atlantic Airways, he said.
Source: http://www.aviationweek.com/aw/generic/story_ generic.jsp?channel=bca&id=news/bca0907p3.xml
http://www.taipeitimes.com/News/biz/archives/2007/07/08/2003368717

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 Case : San Francisco ­ US
San Francisco Converts Entire Diesel Vehicle Fleet to Biodiesel
by Jeremy Elton Jacquot, Los Angeles on 12. 1.07
Cars & Transportation
San Francisco­US is converting his 
San Francisco hit another major green milestone earlier 1500 bus fleet to B20 biodiesel
this week when Mayor Gavin Newsom announced that
the city had converted its fleet of approximately 1,500
diesel vehicles to run on biodiesel - a month earlier than
the goal it had set in 2006. Fire engines, ambulances and
MUNI buses, amongst others, will now run on B20, a
blend of 20% biofuel and 80% diesel fuel.

The city estimates the conversion will have the effect of

displacing the equivalent of 1.2m gallons of diesel fuels
every years. In addition, it will help to significantly cut
down on the amount of diesel exhaust produced; the Bay
Area is second only to (who else?) Los Angeles in the
health impacts of diesel.

Fonte: http://www.treehugger.com/files/2007/12/san_francisco_converts.php 8
How Biodiesel is produced?

by-products (protein)

Oilseed
Oil extraction
Plantations
Export

Used (M)ethanol
oil Distribution
Biodisel
Companies
plant
Cataliser
Animal
fat Large
consumers
(Fleet)

Chemical industry Glycerin Biodiesel Retail

(not allowed
in Brazil)
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The most important fact to know!

75% of the cost of Biodiesel is the

cost of the feedstock

Oil
Alcohol
Others
Operational cost
Labor

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Cost forecast

Plantation Vegetable Oil

Biodiesel Petroleum

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Feedstock options : edible oils

Soybean
Palm tree

Rapeseed 12
Feedstock options : non­edible oil

Castor bean Jatropha curcas

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Which feedstock is most economic?
 How much it produces? What is the cost of plantation?
 What is the price of land? How long it takes to produce?
Edible oil Oil in seed* Seed yield Oil yield Oil price(US Gulf)**
% kg/ha kg/ha US$/kg
Sunflower 48 2.200 1.056 0,99
Corn(Maize) 3 8.000 274 0,71
Rapeseed(Canola) 44 1.800 792 0,66
Coconut(Copra) 63 3.000 1.890 0,66
Soybean 18 3.500 630 0,55
Palm 18 25.000 4.500 0,42
Non-edible
Jatropha(1) 35 6.000 2.100 0.30(2)
1 – An alternative oil from new crops of Jatropha curcas, a native plant of Central America
2 – PlantaBio’s estimated cost of production, FOB farm
Sources:
* Handbook of Energy Crops – James A. Duke, 1983. Unpublished.
** Jacobsen Publishing Co. – Mkt. News: Vegetable Oil (07/11/05)

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 What is Jatropha curcas?
 A perennial plant
 over 25 years of production.
 Low water requirements
 good production with 500-700 mm/year.
 survives <200 mm/year;
 Doesn´t require good soils
 Good yield
 seeds with high oil content.
 Native in Brazil
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 Jatropha yields
Country Grain (ton/ha) Age Source
4,00 - 5,00 5 Years FACT Foundation - Biofuel Summit 2007
Indonesia
4,00 - 5,00 5 Years Dr. Achmad Suryana - Ministry of Agriculture of Indonesia - April 2007
Technology Information, Forecasting & Assesment Council - Department od Science and
4,00 - 6,00 5 Years Technology - India
India 5,00 5 Years Resources and Livelihoods Group - PRAYAS (Non Profit - Charitable Trust)
4,00 4 Years GreenRev Business Pvt. Ltd.
Ghana 7,00 - 8,00 5 Years Jatropha Africa - Ghana
Philippines 3,50 - 5,00 5 Years Department of Science and Technology
Nicaragua 4,00 - 5,00 4 Years FACT Foundation - Biofuel Summit 2007
Costa Rica 4,80 5 Years DANIDA Forest Seed Centre (Denmark) & Enviroment Africa
Peru 6,25 5 Years Dr. D. Jordens-Roettger - GTZ (German Development Corporation)
0,80 1 Years
2,50 2 Years Conab (Companhia Nacional de Abastecimento) - Ministerio da Agricultura, Pecuaria e
Brazil
4,00 3 Years Abastecimento
6,00 4 Years
Global 6,00 - 8,00 5 Years Purdue University - Centre for New Crops and Plant Products
Biodiesel Project for the State of Uttar Pradesh - Bharat Petroleum Corp, Nadian
12,50 5 Years Biomatrix Limited & Biotech Park
Potential
12,00 - 15,00 5 Years Jones & Milles 1993 ; Heller 1996

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 Known problems of Jatropha 
 Recent governamental
certification and lack of
agricultural zoning
 Diseases and pests as any
other plant
 Cultivation techniques
not known by farmers

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Mechanical harvesting
 Based on olive and coffe machines

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Case : British Petroleum

BP Bets on the Jatropha Tree

Posted By Mark Gongloff On June 29, 2007 @ 10:34
MarketWatch’s Steve Goldstein has this report on BP’s latest biofuels venture:

BP announced its second biofuel venture in a week, this time inking a deal with a British firm to get fuel out of Jatropha curcas.

BP and D1 Oils said they plan a 50-50 joint venture to accelerate the planting of Jatropha curcas — a drought-resistant, inedible oilseed-
bearing tree. It does not compete with food crops for good agricultural land or adversely impact the rainforest.

BP earlier this week unveiled a $400 million plant with Associated British Foods and DuPont in which wheat will be converted into bioethanol at
a plant in Saltend, Hull.
D1, a U.K.-listed biodiesel producer, and BP will work together exclusively on the development of jatropha as a sustainable energy crop,
including the planting of trees, harvesting jatropha grain, oil extraction and transport and logistics. BP and D1 Oils intend to invest about
$160 million in the next five years.

D1 said it’s going to grant BP an option to subscribe for new shares representing 16% of its enlarged share capital at an average price of 251
pence. For D1, the news was significant, pushing its shares up 8.3% to 261.75 pence in mid-morning trade. BP shares rose 0.7%, continuing
recent strength in the oil sector this week.
British Petroleum and D1Oil intent to 
Article printed from Energy Roundup - WSJ.com: http://blogs.wsj.com/energy
invest about $160million the next 5 
years in jatropha plantations
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URL to article: http://blogs.wsj.com/energy/2007/06/29/bp-bets-on-the-jatropha-tree/
 Case: D1 Oil D1Oil came to visit the NorthEast of 
Brazil looking for suitable location 
for jatropha plantations

Produção de Biodiesel a partir do Pinhão Manso pode gerar emprego e

renda no Norte de Minas
Empresários da D1 Oil, indústria inglesa produtora global de biodiesel, estiveram reunidos com a secretária Elbe Brandão e com o
presidente do Instituto de Desenvolvimento Integrado de Minas – Indi, Reginaldo Arcuri, para discutir a possibilidade de
investimentos da indústria, na região Norte de Minas para produção do biodiesel a partir do pinhão manso.

A D1 Oil é pioneira em seleção genética, plantio e produção de óleos a partir de vegetais não comestíveis. Em Minas Gerais, no
município de Janaúba, a Epamig já está realizando pesquisas da cultura de pinhão manso que deve constituir-se na base de estudos
visando à seleção e ao aprimoramento de variedades mais produtivas.

De acordo com Paul Nicholas, representante da D1 Oil, o Jatropha curcas, conhecido popularmente como pinhão manso, tem sido
reconhecido mundialmente como uma fonte alternativa renovável para a produção do biodiesel. “Além de perene e de fácil cultivo,
suporta baixa densidade pluviométrica e apresenta boa conservação da semente colhida, podendo se tornar grande produtora de
matéria prima como fonte opcional de combustível”, afirma. Atualmente, essa espécie não está sendo explorada comercialmente no
Brasil, mas segundo o consultor Mike Lu, o pinhão manso é viável para a obtenção do biodiesel, pois produz, no mínimo, duas
toneladas de óleo por hectare, levando de três a quatro anos para atingir a idade produtiva, que pode se estender por 40 anos.

Para a secretária Elbe Brandão, a possibilidade do uso do óleo do pinhão manso para a produção do biodiesel, abre amplas
perspectivas para o crescimento das áreas de plantio com esta cultura no norte e semi-árido mineiro.
--------------------------------------------------
BH - Abril/2007 Assessoria de Comunicação – 31 2129-8118

Fonte: http://www.idene.mg.gov.br/noticias_061.htm 20
 Case : Sada BioEnergia
Sada Bioenergia investe em pinhão-Manso para a fabricação de biodiesel
Valor Econômico - Segunda-feira, Fevereiro 12, 2007
Sada is planting 11.000ha of sugar 
A subsidiária Sada Bioenergia, instalada numa área de 16 mil hectares no cane and 5.000ha of jatropha to 
município de Jaíba, no norte de Minas Gerais, começará a
processar cana-de-açúcar para a produção de álcool e pinhão-manso para a fabricação de biodiesel.
produce fuel to his own fleet
Até 2010, o grupo controlado pelo empresário Vittorio Medioli, que também edita o jornal "O Tempo", investirá R$ 120 milhões na
construção de uma planta industrial conjugada de álcool e biodiesel e na implantação de 11 mil hectares de cana e de 5 mil de
pinhão-manso.

A usina de biodiesel, capaz de moer 240 mil toneladas de pinhão por ano, fabricará 85 mil toneladas de biodiesel a partir do
processo etílico - 14 milhões de litros de etanol serão usados na produção de um biodiesel 100% vegetal, sem a utilização de
produtos minerais no processo. Na segunda etapa, prevista para 2012, a usina de álcool passará a moer 2,5 milhões de toneladas de
cana, produzindo 220 milhões de litros de álcool. No biodiesel, será possível elevar a produção a 1,1 milhão de toneladas a partir de
3 milhões de pinhão.

Operador de uma frota de dois mil caminhões, o grupo Sada usará os combustíveis para atingir a auto-suficiência no
abastecimento de seus veículos. Para isso, construirá dois pontos de apoio para alimentar sua frota em Juazeiro (BA) e Itaubim
(MG). A produção será transportada em comboios-tanque movidos a biodiesel pelo rio São Francisco até as duas cidades. No Jaíba,
um duto de 13 km ligará a usina até o rio. "Nosso objetivo é a auto-suficiência. Mas como somos uma empresa de logística,
pensamos na distribuição da produção", explica Vittorio Medioli, que exerceu quatro mandatos de deputado federal.

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 Case: Janaúba­MG
Spanish group CIE invested 
Euro 3,72 millions in jatropha 
plantation in MG­Brazil

CIE refuerza su apuesta por los biocombustibles en Brasil

Publicado el 14/11/2007, por Expansion.com

El grupo industrial español ha comunicado a la CNMV la firma de un acuerdo de joint venture entre su filial
brasileña y NNE Minas Agro Forestal para la producción y explotación en Brasil de cultivos relacionadas con la
producción de biocombustibles y biocarburantes. El proyecto tendrá una inversión inicial de 3,72 millones de
euros.
CIE Automotive señala en su comunicado que estos proyectos se centrarán, "entre otros fines", a la producción,
plantación y explotación de "semillas de pinhão manso (jatropha curcas)" y "en el desarrollo de otras
oportunidades de negocio relacionadas con este cultivo y la producción de biocombustibles y biocarburantes".
Estos proyectos representarán una inversión conjunta
equivalente a 3,72 millones de euros, aproximadamente, "y su
realización se repartirá entre la filial CIE Autometal con una
inversión de 1,90 millones de euros (51% de las acciones de la
joint venture) y NNE y sus asociados con 1,82 millones de euros
de inversión (en conjunto titulares del 49% restante)".
Fonte: http://www.expansion.com/edicion/exp/empresas/es/desarrollo/1057442.html

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Case : Petrobras biodiesel plants
Candeias (BA) Montes Claros (MG) Quixadá (CE) TOTAL
Capacity 57 57 57 171 litros/ano
milhões de

Signed contract 11/08/06 27/12/06 29/12/06

Operation 2008 2008 2008

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Biodiesel refineries

Continuous process Batch process

24
The biodiesel production process

25
 Cost composition of biodiesel
Other inputs Price Proportion Cost
(M)ethanol 0,90 14,00% 0,13
Cataliser 3,50 0,05% 0,0018
R$/L R$/L

Estimated
Feedstock Planted area Production cost
Production Sales
Vegetable oil 10.000 20.000 cost Taxes Profit Price Production Income
2.000 20.000 40.000 0,6 Biodiesel 1,02 1,33 20% 1,6 39.200 12.530.045
30.000 60.000 30% R$/L Ton/ano R$/ano
L/ha ha ton/ano R$/L
Glycerin 0,20 0,26 0,50 3.800 380.000
12.910.045
Refinery Initial Operational Capital R$/ano
(capacity) Investment cost cost
20.000 9.800.000 0,26 0,08
40.000 11.200.000 0,23 0,07
60.000 13.200.000 0,22 0,06
ton/ano R$ R$/L R$/L

Attention: All values are for reference only

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Our company : Plant.a.Bio

 Brazilian company
 Partnership between:
 Cazenave & Asociados SA
 Glencore/Lartirigoyen SA

 Phoneutria Biotecnologia Ltda

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Backgrounds
 Phoneutria
 Founded in 1994
 Leading edge of Biotechnology
and genetics
 Cazenave  Close related to universities and
 Founded in 1969 research institutions
 Evaluates, Develops and Manages
Investment Projects
 last 12 years managed investments
in agricultural activities for more
than US$ 205M on more than
800.000 ha
28
Cazenave in Argentina

29
 Example Glencore : Moreno

 Sunflower crushing plant

 Capacity : 2.000.000 ton/ano
 580 employees

30
 Example Glencore : Renova

 Biodiesel Plant Renova

 240.000 ton/ano
 San Lorenzo-AR

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Example : Patagonia Bioenergia

Soy oil refinery capacity 600.000 Ton/ano

Biodiesel reactor capacity 250.000 Ton/ano
Own area 11 ha
Biodiesel storage 20.000 ton
Soybean oil storage 8.000 ton
Refined soy oil storage 4.000 ton
Methanol storage 1.600 ton
Power usage 2 MW
Boiler Pressure 15 kg/cm²

Planned plantation of 40.000ha of Jatropha

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Plant.a.Bio activities
Research in India Reseach in Brasil

Nursery in Brazil Plantlet production

33
 Phoneutria's researches
 Jatropha Micropropagation
 Jatropha Genetic improvement
 Jatropha Genetic molecular markers

34
Goals of Plant.a.Bio

Business 
 Provider of improved genetic material
opportunity
for bio fuel crops, with initial emphasis
on biodiesel and Jatropha
 Consulting and management expertize Planning

to worldwide companies interested in

Investor
renewable energy sources
 Partnerships with local farmers and Implementation
small producers to achieve lower
production costs and to bring
development to population near
Commercialization
plantations
Profit
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Administration overview
Client Administration
PlantaBio Administration
Land
Environmental licensing
Infrastructure
Machinery
Cleaning
Formation Cleaning
Maintainance Formation Cleaning
Maintainance Formation
Maintainance
Harvesting

Industry : Oil extraction

Logistics : Transportation

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 Brazilian biomes

Amazonia 420 49%

Cerrado 204 24%
Mata Atlantica 111 13%
Caatinga 84 10%
Pampa 18 2%
Pantanal 15 2%
Total Brasil 851 .000.000 ha

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Location : rain, temperature, soil

38
Locations : logistics

39
 The opportunity : northeast
 Large areas suitable for Jatropha in Brazil
 Jatropha Oil does not compete in the
edible oil markets.
 Energy companies interested in new
sources of feedstock.
 Worldwide demand Milllions of ha %
Total area of Brazil 851 100
Suitable for agriculture 153 18
Used by plantations 63 7
Temporary plantations 43 5
Permanent plantations 15 2
Forest plantation 5 1
Available for agriculture 90 11
Pasture 177 21
Semi-arid 90
Native forest 440 53
Amazon 350 Fonte: MAPA 2004 40
Recycling: used vegetable oil

Fonte: Recóleo ltda., Belo Horizonte-MG 41

Carbon credit

CO2 Carbon CO2

absortion credit Excess

Limit allowed

Seller Aditional Buyer

(Clean project) income

42
 Food or Fuel?
 Food AND Fuel!
 Oil -> fuel
 Meal, Intercropping > food

43
Recovering degrated land

44
2  Generation biofuels
nd

Fonte: Festel Capital - www.festel.com 45

Brazilian governamental incentives
 The "Certificate of Social Fuel"
 small farmers must be involved in the business
 required to sell to Petrobras
 qualify to lower taxes
 The "semi-arid" Northeast of Brazil
 lower taxes
 The National Biodiesel Program
 www.biodiesel.gov.br
 lower interest rates

46
Credit : Banco do Nordeste

Bank rates
Farm Industry
Micro 5% 7,25% year
Small 7,25% 8,25%
Medium 7,25% 10%
Large 9% 11,5%
Demais condições na agência
Contato : Sr. Wladston Viana, Gerente
Agencia Belo Horizonte :(31) 3263 6400
clienteconsulta@bnb.gov.br ou 0800783030
47
 Contact
 Antonio Tomás Parsons
 atparsons@plantabio.com.br
 54 (11) 4763 5500

 Luciano Cardoso
 lcardoso@plantabio.com.br
 55 (31) 3427 6413
 PlantaBio Agrotecnologia Ltda.
 Rua Teles de Menezes 148 Santa Branca
 31565-130 Belo Horizonte, MG - Brasil

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