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Milwaukee, Wisconsin, USA


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Posted on  

December 7, 2001

International Fuel Technology to Petition for EPAct Status for Proprietary Fuel Blend Derived from Natural Gas Condensate

ST. LOUIS--(BUSINESS WIRE)--Dec. 6, 2001--International Fuel Technology, Inc. announced today that it intends to petition the Department of Energy (DOE) for its proprietary Premium Diesel fuel blend to be designated as an "alternative fuel" under the definition of the Energy Policy Act of 1992 (EPAct). The EPAct was created to promote a reduction in the use of vehicles that operate solely on petroleum-based fuels, with the objective of replacing 30% of the motor fuels used in the United States with alternative fuels on an energy equivalent basis.

"EPAct represents a direct attempt at reducing our dependence on foreign oil sources and cleaning up our environment," stated Jonathan R. Burst, Chairman and CEO of IFT. "With our Premium Diesel fuel blend, we can meet these important objectives and do so on an economical basis."

The Company's Premium Diesel blend is substantially "non-barrel" with the majority of the finished fuel blend coming from synthetic diesel derived from natural gas condensate, which is then blended with EPA No. 2 diesel and IFT's patented fuel additive. The inclusion of a fuel that is substantially non-petroleum represents a key characteristic in the consideration of an alternative fuel under EPAct.

Specifically, the standard for gaining alternative fuel status is stated as "... any other fuel the Secretary determines is substantially non-petroleum, and would yield substantial energy security benefits and substantial environmental benefits." In testing completed at Southwest Research Institute (SwRI) on a heavy-duty diesel engine, Premium Diesel, when compared to EPA No. 2 diesel fuel, was shown to reduce Carbon Monoxide (CO) by 20%, Oxides of Nitrogen (NOx) by 10%, Particulate Matter (PM) by 10% and Carbon Dioxide (CO2) by 7%, while achieving a fuel economy increase of 6%. Emissions and fuel economy comparisons were also made between Premium Diesel and CARB-certified diesel fuel and yielded similar results.

Senator George J. Mitchell, a director of IFT who is closely linked to the founding of the modern environmental movement stated, "IFT's technology effectively addresses the basic principals contained in EPAct. This technology can work within the existing infrastructure to achieve immediate and significant benefits, both in the environment and in the economy."
 

 

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