International Fuels News

Tuesday February 25, 2008 9:00 AM Eastern Time

IFT Develops Top Performing Additive Formulation for Addressing Fuel Stability and Deposit Control of Bio-Diesel Fuel Blends

DIESOLIFT™ BD-3 POSITIONED FOR INTRODUCTION INTO THE BIO-DIESEL MARKET

 

ST. LOUIS, February 25, 2008 – International Fuel Technology, Inc. (IFT) (OTCBB: IFUE) today announced that it had completed research and development efforts on DiesoLIFT™ BD-3, IFT’s proprietary fuel additive formulation for use with bio-diesel fuel blends. DiesoLIFT™ BD-3 is a second-generation fuel additive formulation.

Extensive research and development efforts in conjunction with BfB Laboratories in Belgium and subsequent testing have demonstrated that DiesoLIFT™ BD-3 is the top performing fuel additive technology for addressing oxidation stability and deposit formation in bio-diesel fuel blends.

The following tables compare test results for DiesoLIFT™ BD-3 and the market’s top performer in addressing oxidation stability with a B10 (a 10% blend of bio-diesel in diesel) rapeseed bio-diesel fuel blend and a B10 soybean bio-diesel fuel blend. The industry standard EN 14112 Rancimat Oxidation Test was utilized, though at an increased temperature of 115oC versus 110oC for the standard test. The reason IFT ran the test at 115oC was to match the temperature of the likely new European Rancimat specification for bio-diesel blends, to be released later in 2008.

(The longer an additive can keep a bio-diesel fuel blend stable, the better.)

Fluid

Rancimat Hours  @ 115°C

B100 from Rape Bio-diesel

2.14

B10 from Rape Bio-diesel

11.38

   B10 from Rape Bio-diesel + 100 ppm DiesoLIFT™ BD-3

18.65

   B10 from Rape Bio-diesel + 200 ppm DiesoLIFT™ BD-3

28.85

   B10 from Rape Bio-diesel + 500 ppm DiesoLIFT™ BD-3

40.52

B10 from Rape Bio-diesel + 100 ppm market’s top performer

13.93

B10 from Rape Bio-diesel + 200 ppm market’s top performer

19.11

B10 from Rape Bio-diesel + 500 ppm market’s top performer

29.07

 

 

 

 

 

 

 

 

 

 

 

 

Fluid

Rancimat Hours  @ 115°C

B100 from Soybean Bio-diesel

0.49

B10 from Soybean Bio-diesel

3.80

   B10 from Soybean  Bio-diesel + 100 ppm DiesoLIFT™ BD-3

6.07

   B10 from Soybean  Bio-diesel + 200 ppm DiesoLIFT™ BD-3

8.92

   B10 from Soybean  Bio-diesel + 500 ppm DiesoLIFT™ BD-3

15.40

B10 from Soybean Bio-diesel + 100 ppm market’s top performer

4.49

B10 from Soybean Bio-diesel + 200 ppm market’s top performer

5.03

B10 from Soybean Bio-diesel + 500 ppm market’s top performer

9.55

 

 

 

 

 

 

 

 

 

 

 

Additional EN 14112 Rancimat oxidation testing with an extremely unstable B100 bio-diesel further demonstrates the superior performance of DiesoLIFT™BD-3. The following table compares test results for DiesoLIFT™ BD-3, the market’s top performer and Butylated Hydroxytoluene (BHT). BHT has been the industry’s basic additive technology used to address oxidation stability.

 

B100

B100
+
0.2 % DiesoLIFT™ BD-3

B100
+
0.2%
Market’s top performer

B100
+
0.2%
BHT

 

B100

   EN 14112
Specification

0.17 hours

>6.0 hours

3.0 hours

1.2 hours

 

>6.0 hours

 

In addition, test results from the ASTM D 4625 storage stability and ASTM D2274/ISO 12205 tests demonstrate that DiesoLIFT™BD-3 exceeds the performance of any other bio-diesel fuel stabilizer in the marketplace today.

In summary DiesoLIFT™BD-3:

  1. Protects bio-diesel blends against oxidation, degradation and performance drop
  2. Extends storage stability 
  3. Allows bio-diesel to meet and exceed current standards and specifications
  4. Provides additional protection against metal contamination
  5. Confers fuel efficiency and emissions control performance to bio-diesel
  6. Is in liquid form, thus simplifying application and usage
  7. Is the top performing fuel additive technology for addressing oxidation stability and deposit control in bio-diesel fuel blends

 

Please visit our web site (www.internationalfuel.com, under Products – DiesoLIFT™BD-3) for a full technical paper on DiesoLIFT™BD-3.

Given the size of the European bio-diesel market, IFT has focused its commercial efforts for DiesoLIFT™BD-3 in this market. The European bio-diesel market has grown significantly since a 2003 directive setting non-binding targets to replace 2% of transport fuels with bio-fuels by 2005 and 5.75% for 2010. In 2007, the EU commission adopted a 10% minimum bio-fuels mandate by 2020 that will ensure continued growth of the European bio-diesel market. Some EU countries, such as France, are preparing for the 2020 mandate by imposing bio-diesel blends of B7 in 2008 and B10 in 2010.

In order to meet mandates, the bio-diesel component of bio-diesel fuel blends will continue to increase. For example, B2 blends (2005 target) moving to B10 blends (2020 mandate) and higher. At higher bio-diesel component levels, basic or traditional fuel additives such as BHT become less and less effective in addressing oxidation stability and deposit control and therefore are unable to keep the bio-diesel fuel blend within fuel specifications.

Fuel additive and chemical companies have been developing new fuel additive technologies to allow higher bio-diesel component bio-diesel fuel blends to meet fuel specifications. Because of the demonstrated success of DiesoLIFT™BD-3, a number of prominent European fuel additive distribution companies have decided to partner with IFT to market and distribute DiesoLIFT™BD-3 to specific European territories.

“We realized back in 2005 that the Europeans were not just paying lip service to bio-diesel consumption,” said Sergio Trindade, IFT’s Chief of Science and Technology. “The current magnitude and projected magnitude of the European bio-diesel market is substantial and we wanted to be in a position to offer the top performing technology to this growing stream of fuel.”

“Our global business strategy of identifying markets, developing superior performing fuel additive technologies for those markets and then partnering with established fuel additive distribution partners is being realized in Europe,” said Axel Farhi, IFT’s Director of Global Business Development. “We expect initial orders of DiesoLIFT™BD-3 to be received in the first half of 2008.”

“Because of its superior fuel stability characteristics, DiesoLIFT™BD-3 should also be a sought after technology in the emerging U.S. market,” said Jonathan Burst, IFT’s CEO. “The stability of a bio-diesel fuel blend is dependent on the amount of the bio-diesel component and the stability of the underlying source of the bio-diesel component. In the U.S., the prominent source of bio-diesel is soy, a relatively unstable material. As bio-diesel fuel blend specifications are refined and implemented in the U.S., we believe DiesoLIFT™BD-3 will be well positioned to address this market.”

“We expect IFT to realize revenues from the sale of DiesoLIFT™10 to the rail industry in 2008,” said Jonathan Burst, IFT’s CEO. “The rail application has been our primary focus since inception, so completing extensive R&D work and advancing to the field validation trial stage is a significant milestone for IFT. The value proposition we offer to the rail industry is irrefutable and will also contribute to improving our planet for generations to come.”

 

NOTE: Statements contained in this web site that are not strictly historical are forward-looking within the meaning of the safe harbor clause of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that such forward-looking statements involve risks and uncertainties that may cause the Company’s actual results to differ materially from such forward-looking statements. These risks and uncertainties include, but are not limited to, demand for the Company’s product both domestically and abroad, the Company’s ability to continue to develop its market, general economic conditions and other factors that may be more fully described in the Company’s literature and any periodic filing with the Securities and Exchange Commission.

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