|Clean Energy Opens LNG Fueling Station in Seville, Ohio to Support
Truck Fleet Operated by Dillon Transport Serving Owens Corning
Seal Beach, CA (Feb. 10, 2012) — A new liquefied natural gas (LNG) fueling station built, owned and operated by Clean Energy Fuels Corp. (Nasdaq: CLNE) has opened in Seville, Ohio to support the expanding fleet of LNG trucks deployed by major contract freight carrier Dillon Transport serving Owens Corning. Also available 24/7 for public access, the station is located at 8924 Lake Road, Seville OH on property owned by Pilot Flying J Truck Travel Centers.
James Harger, Chief Marketing Officer, Clean Energy, said, "The opening of this new Clean Energy LNG truck fueling station, the first in the industrial heartland of America, is a major step toward realizing our program to create a national LNG fueling infrastructure that will extend along major truck routes nationwide. Our efforts to create America's Natural Gas Highway are in direct response to the increasing demand for natural gas fuel as major trucking companies secure and deploy LNG-powered trucks. We commend Dillon Transport, Owens Corning and Clean Fuels Ohio for their leadership role in this rapidly growing movement."
Dillon Transport's temperature-sensitive tanker truck fleets operate throughout the U.S. and
Canada, with contract services concentrated east of the Rocky Mountains. The new Ohio station will support Dillon-operated trucks that deliver raw materials to Owens Corning industrial production plants. Owens Corning is a leading global producer of residential and commercial building materials.
"Dillon Transport is proud to be a part of the partnership between Owens Corning and Clean Energy that has created the LNG station in Seville, OH. This station is on the leading edge of the natural gas highway that Clean Energy is developing across the United States over the next two years. We believe natural gas will be a mainstream alternative to diesel for class 8 truck fuel, because natural gas is a cleaner, less expensive, domestic and abundant solution to the energy crisis we face every day as Americans. Our goal is to continue to field natural gas vehicles in support of our strategic partners' initiatives of environmental stewardship and cost reduction," said Jeff Dillon, President of Dillon Transport.
"Sustainability is a core strategy at Owens Corning. It is at the heart of the company's purpose," said Mike Cramer, Director, Logistics and Customer Operations for Owens Corning. "When that commitment extends to our suppliers, it speaks volumes about what companies with similar commitments can achieve in the interests of their customers and other global stakeholders."
A grant to help fund the development of the Clean Energy LNG station was awarded to Clean Fuels Ohio by the U.S. Department of Energy, as part of the federal American Recovery and Reinvestment Act stimulus program.
"Clean Fuels Ohio was happy to work with Clean Energy in opening Ohio's first liquefied natural gas station," Clean Fuels Ohio Executive Director Sam Spofforth said. "We hope to see more fleets join Dillon Transport to use this less expensive and environmentally friendly substitute for diesel fuel."
Currently priced up to $1.50 or more per gallon lower than diesel or gasoline (depending upon local markets), the use of natural gas fuel reduces costs significantly for vehicle and fleet owners, and lowers greenhouse gas emissions up 23% in medium to heavy-duty vehicles. Additionally, natural gas is a secure North American energy source with 98% of the natural gas consumed produced in the U.S. and Canada.
Owens Corning (NYSE: OC) is a leading global producer of residential and commercial building materials, glass-fiber reinforcements and engineered materials for composite systems.
Dillon Transport is a leading liquid and dry bulk carrier with an operational concentration east of the Rockies. The company has grown over its 31-year history from a single truck to 12 terminals servicing 25 states and Canada. The Dillon fleet consists of 280 tractors and over 400 trailers with a fleet average age of 1.8 years, making it one of the most modern fleets in the country. Dillon Transport provides outstanding service achieved through leveraging innovative technology in the areas of operations, safety and environmental impact.
Clean Fuels Ohio is a non-profit organization that supports the use of cleaner fuels, vehicles, and energy-saving transportation technologies that reduce climate change, increase American energy security and strengthen Ohio's economy.
Clean Energy (Nasdaq: CLNE) is the largest provider of natural gas fuel for transportation in North America and a global leader in the expanding natural gas vehicle market. It has operations in CNG and LNG vehicle fueling, construction and operation of CNG and LNG fueling stations, biomethane production, vehicle conversion and compressor technology.
Clean Energy fuels over 25,200 vehicles at 257 strategic locations across the United States and Canada with a broad customer base in the refuse, transit, trucking, shuttle, taxi, airport and municipal fleet markets. We are building "America's Natural Gas Highway", a network comprised initially of more than 100 LNG truck fueling stations connecting major freight trucking corridors across the country. Clean Energy del Peru, a joint venture, fuels vehicles and provides CNG to commercial customers in Peru. We own (70%) and operate a landfill gas facility in Dallas, Texas, that produces renewable natural gas, or biomethane, for delivery in the nation's gas pipeline network, and we plan to build a second facility in Michigan. We own and operate LNG production plants in Willis, Texas and Boron, Calif. with combined capacity of 260,000 LNG gallons per day and that are designed to expand to 340,000 LNG gallons per day as demand increases. NorthStar, a wholly owned subsidiary, is the recognized leader in LNG/LCNG (liquefied to compressed natural gas) fueling system technologies and station construction and operations. BAF Technologies, Inc., a wholly owned subsidiary, is a leading provider of natural gas vehicle systems and conversions for taxis, vans, pick-up trucks and shuttle buses. IMW Industries, Ltd., a wholly owned subsidiary based in Canada, is a leading supplier of compressed natural gas equipment for vehicle fueling and industrial applications with more than 1,200 installations in 24 countries. For more information, visit www.cleanenergyfuels.com
Forward-Looking Statements — This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 that involve risks, uncertainties and assumptions, including statements about the procurement and deployment of LNG vehicles, the volume of LNG that will be consumed at the station, the timing for completion of the station, the potential for a natural gas highway system, the benefits of natural gas relative to diesel fuel and expectations about the future adoption of natural gas as a vehicle fuel. Actual results and the timing of events could differ materially from those anticipated in these forward-looking statements as a result of several factors, including, but not limited to, the performance, availability and benefits of natural gas trucks relative to gasoline and diesel trucks, the price per gallon of LNG relative to diesel and gasoline, and permitting or other delays encountered during construction of the station. The forward-looking statements made herein speak only as of the date of this press release and, unless otherwise required by law, the company undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances. Additionally, the reports and other documents the Company files with the SEC (available at www.sec.gov) contain risk factors, which may cause actual results to differ materially from the forward-looking statements contained in this news release.