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AMEC Wins Contract for INEOS Bio's First Commercial-scale Advanced Bio-energy Facility

AMEC AMEC has been selected by INEOS New Planet BioEnergy to help deliver the first commercial-scale advanced bio-energy facility to use the INEOS Bio technology.

The value of AMEC's contract has not been disclosed.

AMEC is providing engineering, procurement and construction services for the US$100 million commercial-scale facility in Vero Beach, Florida, which will produce eight million gallons of third generation bio-ethanol per year from renewable biomass, including yard, wood, vegetative, and municipal solid wastes. The facility will also generate clean renewable power for export to the Florida market. The plant is scheduled to be operational in 2012.

"This important contract reinforces AMEC's position on the leading edge of developments in biofuels," said Tim Gelbar, President of AMEC's Power & Process Americas business. "With the growth in demand for low carbon fuels, our biofuels experience and expertise continues to expand, helping our customers, like INEOS Bio, address worldwide energy challenges to meet their objectives."

Peter Williams, Chief Executive Officer of INEOS Bio said:

"This is a key milestone in bringing INEOS Bio's advanced Bioenergy technology to the US and global markets to help address the world's waste management challenges. We offer a sustainable solution for energy independence which breaks the food-for-fuel chain and provides a plentiful supply of renewable bio-energy for new and developed markets."

Mark Niederschulte, Chief Operating Officer of INEOS Bio added:

"INEOS Bio's partnership with AMEC brings us one step closer to opening the state-of-the-art BioEnergy Center in Indian River County, where it will bring both renewable energy and new green jobs. We're confident that AMEC's experience and expertise in the biofuel sector will help INEOS New Planet BioEnergy accomplish a successful and timely completion of the much anticipated BioEnergy Center."

The facility will be the first to use INEOS Bio's advanced BioEnergy technology, the world's leading feedstock-flexible technology for the production of both bioethanol and renewable power.

AMEC's biofuels work is the latest progression in a century of experience in energy production technology - covering oil and gas, hydroelectric, wind, solar, biomass gasification, biodiesel and ethanol. The company is working on several ethanol and biodiesel projects, as well as the development of further relationships with technology providers and other market partners.

Published 03/11/2010

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AMEC (LSE: AMEC) is a focused supplier of high-value consultancy, engineering and project management services to the world's natural resources, nuclear, clean energy, water and environmental sectors. With annual revenues of over £2.5 billion, AMEC designs, delivers and maintains strategic and complex assets for its customers. The company employs some 23,000 people in around 40 countries worldwide.

INEOS Bio is a BioEnergy company working to commercialize and license a highly innovative thermo-chemical and bio-chemical technology for the production of renewable biofuels and renewable power from a wide range of low-cost carbon materials. Its initial focus is the commercialization of the world's leading third generation bioethanol technology process to serve the global renewable transport fuels market and the renewable energy market.

INEOS Bio is one of the global businesses in INEOS, the world's fourth largest chemicals company and a leading manufacturer of petrochemicals, specialty chemicals, biofuels, and oil products. Comprising 17 businesses, with a production network spanning 64 manufacturing facilities in 14 countries, the company produces more than 30 million tons of petrochemicals, and 20 million tons per annum of crude oil refined products (fuels). INEOS employs 15,500 people and has sales of around $47 Billion.

New Planet Energy LLC is engaged in the development and implementation of advanced biofuels and energy projects.

At the heart of the INEOS Bio technology is a patented anaerobic fermentation step, through which naturally occurring bacteria convert gases derived directly from biomass into bio-ethanol. The process supports high recycling and high landfill diversion rates. Unlike other technologies that rely on one primary source of feedback, the INEOS Bio process can produce bioenergy from numerous feedstocks, including forestry waste, agricultural waste, sustainable energy crops, construction waste and municipal solid waste. This feedstock flexibility allows facilities to be built anywhere that a renewable biomass feedstock is available providing good jobs and locally sourced energy for urban and rural communities.

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