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James S.D. Leach, Dr. K. Shaine Tyson Join Inventure Chemical Advisory Board

China Light & Power Exec, Leading Bio-Diesel Proponent Bring Invaluable Industry Expertise to Burgeoning Clean Fuel Technology Provider

January 7, 2008  (Seattle, WA) – Inventure Chemical has announced that James S.D. Leach and Dr. K. Shaine Tyson have joined the company’s advisory board.  Mr. Leach is non-executive Director of CLP Holding, the parent company of China Light & Power Co. Ltd, and is a Director of China Construction Bank (Asia); Dr. Tyson is the former Biodiesel Program project manager for the National Renewable Energy Laboratory and currently executive director of Colorado-based Rocky Mountain Biodiesel Consulting.

“We feel very fortunate to have Mr. Leach and Dr. Tyson as part of Inventure’s advisory board,” said Mark Tegen, the company’s chief executive officer and co-founder.  “They will bring the company precisely the kind of counsel that’s necessary as we move to the next stage in Inventure’s development—continued commercialization of our current biofuel conversion processes, and development of conversion processes for new second generation feedstocks, including algae and dried distillers grains.”

About James SD Leach
James S.D. Leach is non-executive Chairman of the Board of Nviro Cleantech PLC (www.nvirocleantech.com), a premier clean technology development and commercialization company.  Mr. Leach is currently non-executive Director of CLP Holding, the parent company of China Light & Power Co. Ltd, a position he has held since December 1978.  In addition, Mr. Leach is an independent non-executive Director of Hong Kong Aircraft Engineering Co. Ltd. and a Director of China Construction Bank (Asia) (formerly known as Bank of America (Asia) Ltd.).  Mr. Leach has spent most of his career in Hong Kong working on various appointments with the Kadoorie Family. During this time he was exposed to many privately held and public operations, with a later focus on the Kadoorie family's associated public held corporations, including CLP Holdings, Hong Kong and Shanghai Hotels, and Tai Ping Carpets. Mr. Leach was closely involved from the inception of China Light and Power's international operations in Thailand, India and Australasia. In the early 1980s, he ran a venture capital company which invested in oilfield equipment manufacturing and construction materials. Mr. Dickson Leach holds an MBA from Columbia University and is a Fellow of the Institute of Chartered Accountants in England and Wales.

About Dr. K. Shaine Tyson
Dr. K. Shaine Tyson is executive director of Rocky Mountain Biodiesel Consulting (www.rockymtnbiodiesel.com), and has been working to develop a commercial biodiesel industry in the United States since 1997.  She was a project manager for the National Renewable Energy Laboratory from 1989 to 2004, where her projects included review of biomass process and chemical engineering, emission testing, environmental and policy analysis, life cycle assessment, resource assessment, geographic information systems, and economic modeling.  From February 1997 to May 2004, Dr. Tyson directed the U.S. Department of Energy’s Biodiesel Program.  She has used her position and strategic business skills to work with the National Biodiesel Board, US Department of Energy and US Protection Agency, state agencies and emerging developers to craft the biodiesel industry we have today.   Dr. Tyson received the Midwest Research Institute’s President’s Award in 1990, a Clean Cities Award in 1998, and was recognized by the DOE Biomass Energy Program for superior achievement in establishing, promoting, and implementing biomass energy technologies and resources in 2002. She has provided live and written testimony to the U.S. House and Senate, and has authored over 40 publications and reports during her career at NREL.

About Inventure Chemical
Inventure Chemical (www.inventurechem.com) was formed to develop and commercialize feedstock conversion technologies for biofuel producers.  The company is applying patent pending processes to a variety of second generation feedstocks, including algae and various cellulosic materials, to create biodiesel and ethanol.  By using these low-cost/high-yield feedstocks, biofuel producers will be positioned to compete with petroleum fuel producers on the free market, independent of any subsidies or mandates.  The company’s expertise includes both process conversion and plant design/construction. Inventure currently operates a biodiesel and ethanol R&D production site in Seattle, Washington where it is currently producing biodiesel and ethanol from algae sourced from facilities in Arizona, Australia and Israel.