Siam Bio Energy machine provides the ethanol processing machines that add values to agricultural products by converting raw materials into ethanol of 75 % purity.

1. Project Feasibility and Business Development ไบโอดีเซล 18.19 18.19 Siam Bio Energy Co. Ltd

3. Company Mission “ We are the solution of alternative energy” Bio Energy Co.,Ltd. Mission

5. Business Model Gas Station Gas Station Gas Station Petroleum Tank Farm Ethanol distillation center Mol lash Corn Rice Cassava

7. Six Force Model (Porter’s Model) 1. Firm Rivalry 2. Threat of entry by new competitors 3. Threat of substitute products 4. Bargaining power of customers 5. Bargaining power of suppliers 6. Bargaining power of complementors

14. Six force summary Force Strength Firm rivalry Low Threat of entry by new competitors Moderate Threat of substitute products Low Bargaining of Customer Lowest Bargaining of Supplier Low Bargaining of Complementors Moderate

24. Five Key Values Product Service Price Access Experience

28. Logistic Management Ethanol Distillation Place Distance Between Ethanol Distillation Place and Oil Terminal 50 or 60 Miles Ethanol Distillation Machine would be Covered 30 or 40 Miles Target Customer Groups At Kala Sine or Sakon-Nakhon in northeast Thailand

29. Logistic Cost Analysis Khon Kaen Bangkok Chiang Mai Average Cost Per Ton Per Mile Oil Carrying Cost at 1.66375 Baht between Bangkok to Chiang Mai and Khon Kaen Source: The Express Transportation Organization of Thailand (August 8, 2005) Website : www.eto.mot.go.th Rental Cost per Truck (10-12 tons, or 15 cubic meters) Class 3 Class 4 Baht US$ Baht US$ Chiang Mai 586 14.95 511.80 13.05 Nakhon Ratchasima 229.20 5.85 199.40 5.10 Khon Kaen 372.50 9.50 324.30 8.30 Hat Yai (near Songkhla) 710.10 18.10 620.70 15.85 Eastern Seaboard (Map Ta Phut) 190.40 4.85 165.60 4.25

30. Logistic Cost Analysis Annually Ethanol Purchase and Purifying Production Series-1 represent the 75% ethanol purchasing forecasting annually Series-2 represent the 99.5% ethanol selling forecast annually 75% ethanol purchasing and 99.5% ethanol selling forecast to we have to analyzed logistic cost Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9 Year-10 Machine Sells Units 10 20 30 30 30 30 30 20 10 10 75% Ethanol P purchase (Tons) 15,120 45,360 90,720 136,080 181,440 226,800 272,160 302,400 317,520 332,640 9 9. 5% Ethanol Production (Tons) 11,397 34,191 68,382 102,573 136,764 170,955 205,146 227,940 239,337 250,734

31. Comparison Between the Distance 20+60, 30+50 and 40+40 Miles and Cost Series-1 showed annual vehicle cost when distance 20 + 60 miles Series-2 showed annual vehicle cost when distance 30 + 50 miles Series-3 showed annual vehicle cost when distance 40 + 40 miles So, distillation machine would be setup around 20 miles of customers and 60 miles of oil terminal Year-1 Year-2 Year-3 Year-4 Year-5 Year-6 Year-7 Year-8 Year-9 Year-10 20 + 60 Miles ฿ 1.64 ฿ 4.92 ฿ 9.84 ฿ 14.7 ฿ 19.69 ฿ 24.61 ฿ 29.53 ฿ 32.82 ฿ 34.46 ฿ 36.10 30 + 50 Miles ฿ 1.74 ฿ 5.11 ฿ 10.22 ฿ 15.32 ฿ 20.4 ฿ 25.54 ฿ 30.65 ฿ 34.06 ฿ 35.76 ฿ 37.46 40 + 40 Miles ฿ 1.76 ฿ 5.29 ฿ 1059 ฿ 15.88 ฿ 21.18 ฿ 26.47 ฿ 13.76 ฿ 35.29 ฿ 37.06 ฿ 38.82

32. Annually Ethanol Carrying Cost When Distance 20 and 60 Miles Our Decision that if we setup distillation machine around 20 miles of customers groups and 60 miles of oil terminal it would be less transportation cost and convenience for communication between customers and PTT oil terminal Year-1 Million Year-2 Million Year-3 Million Year-4 Million Year-5 Million Year-6 Million Year-7 Million Year-8 Million Year-9 Million Year-10 Million 75% Ethanol Transpotation Cost ฿ 0.50 ฿ 1.51 ฿ 3.02 ฿ 4.53 ฿ 6.04 ฿ 7.55 ฿ 9.06 ฿ 10.06 ฿ 10.57 ฿ 11.07 99.5% Ethanol Transportation Cost ฿ 1.14 ฿ 3.41 ฿ 6.83 ฿ 10.24 ฿ 13.65 ฿ 17.07 ฿ 20.48 ฿ 22.75 ฿ 23.89 ฿ 25.03 Total Logistic Cost ฿ 1.64 ฿ 4.92 ฿ 9.84 ฿ 14.77 ฿ 19.69 ฿ 24.61 ฿ 29.53 ฿ 32.82 ฿ 34.46 ฿ 36.10