Volkswagen and ADM Team Up on Biodiesel Research

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SAN DIEGO--(BUSINESS WIRE)--Feb. 3, 2004--Green Star Products, Inc. (OTC:GSPI - News) with a 35% ownership position in American Biofuels (ABF), has built one of the largest biodiesel plants in the U.S. (see press release dated Feb. 24, 2003). GSPI and ABF will be entering their Gold Award Winning 2001 VW Jetta in the Tour de Sol, an annual event in the Northeast U.S. that showcases the latest advances in automotive and sustainable alternative fuel technologies. The entry in the event will provide an opportunity to showcase an advanced formulation of biodiesel fuel (Green Star(TM) Fuel) and several other GSPI technologies.

GSPI and ABF gained national and international attention when the same VW Jetta running on 100% biodiesel was entered in the Michelin Challenge Bibendum in September 2003 (see press release Oct. 1, 2003). The vehicle received two Gold Awards and numerous "A" category marks while competing against the best-of-the-best vehicles from the major auto companies, who enter the event every year to showcase their latest advances in environmental automotive technologies.
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GSPI's and ABF's fuel and vehicle demonstration effort is aimed at solving specific problems faced now and in the future by major auto and petroleum companies. The same Energy Prospects article noted, "40% of the car fuel business in Western Europe is in diesel. Currently, Volkswagen sells about 35,000 diesel vehicles a year in the U.S. The company cannot meet emissions standards with diesel fuel in states such as California and New York. Volkswagen's long-term strategy is to move its cars from petroleum diesel to biodiesel ..."

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Diamler-Benz is now in on this partnership as well. Mercedes' diesels will be returning to US dealers in April.