The United States Department of Agriculture (USDA) has awarded Liquid Resources of Ohio a US$500,000 grant, part of a $21.2 million federal program to support investment in projects that promote energy efficiency and use of renewable energy resources.Medina, Ohio – August 29, 2003 [SolarAccess.com] “We are grateful for the strong support we have received from the USDA, and we congratulate the other recipients of these grants,” said Tim Curtiss, CEO and co-founder of Liquid Resources. “This program demonstrates the federal government’s commitment to expanding usage of alternative energy sources such as ethanol. Ethanol reduces our national dependence on imported oil and contributes to improving air quality in highly populated areas.” Liquid Resources is developing a facility in Medina, Ohio that will produce ethanol, the renewable fuel additive that is designed to reduce the air pollution caused by automobiles burning standard fossil fuels. At the Medina facility, the company will collect waste liquids for conversion into ethanol from suppliers in a variety of industries, eliminating the need for treatment of these liquids in landfills around the country. In July 2003, Liquid Resources announced that it had executed a distribution contract with Cargill, Inc., a supplier of ethanol to the oil refining industry. Under this agreement, Cargill will distribute all of Liquid Resources’ ethanol output. Liquid Resources’ founders launched the company in 2002 to enter two complementary markets: producing ethanol and providing destruction services for waste liquids from beverage and other manufacturers. At Liquid Resources’ Medina facility, the company will receive shipments of waste liquids as case goods or in bulk. The production process will convert these liquids into fuel-grade ethanol. Byproducts of this process, which include aluminum, glass and plastic from bottles and cans, will be recycled, avoiding disposal in landfills. Demand for ethanol in the United States has grown steadily over the last 20 years. Following passage of the Clean Air Act of 1990, the EPA mandated use of ethanol or MTBE (methyl tertiary butyl ether) in gasoline blends sold in high population density regions as a way to reduce air pollution. However, MTBE is now known to be non-biodegradable and a suspected carcinogen that has contaminated a number of water supplies, including Lake Tahoe. Nineteen states have passed legislation prohibiting usage of MTBE, including California, New York and Connecticut, whose bans take effect at the end of 2003. A number of forecasters expect these three states’ transitions to increase U.S. demand for ethanol by up to 60 percent over the next several years.