Process Dynamics is a technology development company, primarily in the petroleum refining industry, and has technologies for the hydroprocessing of fuels and the manufacture of lube base oils and waxes. Currently, our focus lies in developing technologies and process innovations that address specific needs and key industry issues of the petroleum refining industry; however, we are continuing to expand our technology base through research and development activities. Process Dynamics currently holds ten U.S. patents, has two additional patents pending and has approximately twenty international patents in various stages of approval.

Process Dynamics' headquarters and research facilities are located in Fayetteville, AR and include pilot plants and bench scale applications as well as an extensive analytical testing lab. Pilot plant tests are conducted at the request of potential clients for design applications and additionally for in- house studies. Process Dynamics' analytical testing lab supports pilot plant and research activities by providing the most common analyses requested by clients on each of its products.

Process Dynamics' current situation is one of unique opportunities. As a provider of technology solutions targeted at key industry issues, our activites are often driven by significant global changes. In April 2003 the first IsoTherming® unit was completed and was producing diesel containing less than the 15 ppm mandate. Using a feed consisting of 40% cracked stocks, the sulfur was reduced to 4 ppm in the product stream and nitrogen was below detection at less than 1 ppm. To our knowledge,this was the first commercial facility in operation in the U.S. producing ULSD from a feedstock containing LCO and Straight Run Diesel.