Joule's CO2-Recycled Ethanol Meets U.S. and European Specifications - Seite 2

Joule's CO2-derived ethanol will address a global biofuels market of approximately 1.9 million barrels consumed per day. It is chemically identical to fuel-grade ethanol on the market today, yet it differs in the way it is produced. Unlike processes requiring the fermentation of sugars from corn, cellulose or other biomass materials, Joule uses engineered catalysts to recycle industrial CO2 emissions directly into ethanol, avoiding the use of crops, arable land and fresh water. At full-scale commercialization, Joule ultimately targets productivity of up to 25,000 gallons of ethanol per acre annually.

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Audi of America, Inc. and its U.S. dealers offer a full line of German-engineered luxury vehicles. AUDI AG is among the most successful luxury automotive brands globally. The Audi Group delivered over 1,741,000 vehicles to customers globally in 2014, and broke all-time company sales records for the 5th straight year in the U.S. Through 2019, AUDI AG plans to invest about 24 billion euros -- 70 percent of the investment will flow into the development of new models and technologies. Visit www.audiusa.com or www.audiusa.com/newsroom for more information regarding Audi vehicles and business topics.

About Joule 
 Joule has pioneered a CO2-to-fuel production platform, effectively reversing combustion through the use of solar energy. The company's platform applies engineered catalysts to continuously convert waste CO2 directly into renewable fuels such as ethanol or hydrocarbons for diesel, jet fuel and gasoline. Free of feedstock constraints and complex processing, Joule's process can achieve unrivaled scalability, volumes and costs without the use of any agricultural land, fresh water or crops. Joule is privately held and has raised over $200 million in funding to date, led by Flagship Ventures. The company operates from Bedford, Massachusetts and The Hague, The Netherlands, with production operations in Hobbs, New Mexico. Additional information is available at www.jouleunlimited.com.