Fort Collins, CO (September 12, 2003) - Blue Sun Biodiesel
announced that it will be the supplier for the first retail biodiesel
pump in Colorado, opening today at Bartkus Oil at 3501 Pearl
Street in Boulder. Blue Sun President and CEO Jeff Probst said, “The
growing market for biodiesel will have a positive effect on our
regional economy, our health and climate. It will also reduce
our dependence on foreign oil.” The public availability
of biodiesel is the result of collaboration between the University
of Colorado, the City of Boulder, Blue Sun and Bartkus Oil.
Blue Sun biodiesel is a high-quality renewable fuel produced
from vegetable oil, offering significant advantages over petroleum
diesel in reduced emissions of particulates, greenhouse gases,
carcinogens, sulfur dioxide, carbon monoxide and hydrocarbons.
Biodiesel is similar to petroleum diesel in engine performance
characteristics, but has superior lubricating properties, reducing
engine wear and maintenance. Biodiesel is most often mixed with
petroleum diesel in a 20/80 ratio (B20), and can be used in existing
diesel engines without modification. Biodiesel that meets stringent
ASTM D6751 standards has been used successfully in a variety
of engines, climates and applications in over 50 million U.S.
Colorado consumes about 500 million gallons of diesel fuel per
year for highway use, and in the U.S., diesel fuel represents
about 20% of total petroleum oil consumption. Probst estimates
that in the next five to seven years, the regional biodiesel
market will grow to 150 million gallons of B20 annually.
The new retail biodiesel station in Boulder is part of a growing
national trend, which has seen the opening of new outlets in
several major cities during the past year, including Atlanta,
San Diego and Portland, Oregon.
Most biodiesel is now produced from soybean oil, a relatively
expensive source of feedstock. Blue Sun’s research indicates
it can achieve significant reductions in the cost of biodiesel
feedstock from development of oilseed crops adapted for arid
High Plains growing conditions. The company aims to become the
chief biodiesel supplier for the Rocky Mountain region, where
there are currently no biodiesel production facilities. With
sales starting in June of 2003, Blue Sun is generating revenue
through a rapidly expanding customer base that includes the City
of Boulder, the University of Colorado, Aspen Homes of Colorado,
Waste-Not Recycling, Eco-Cycle, Peak-to-Peak, Agland, Inc., Bartkus
Oil, Boulder Biodiesel, and Rocky Mountain National Park.
About Blue Sun Biodiesel
Blue Sun Biodiesel is an agriculture energy company based in
Colorado, founded in 2001 to capitalize on the growing market
for biodiesel. The company is engaged in all phases of biodiesel
production, from agricultural research and development, to fuel
processing, distribution, and value-added customer service. A
recent recipient of a Department of Energy Small Business Innovation
and Research grant, Blue Sun has planted more than 400 acres
of innovative oilseed crops in Colorado, Nebraska and Kansas,
and formed farmer-investor cooperatives to insure ample supplies.
For more information, please visit http://www.gobluesun.com.
Jeff Probst, President and CEO
Blue Sun Biodiesel
Fax: 970-221-4004 email@example.com