Newlight Appoints Jim Lunt, Global Expert in Biopolymers, as Vice President of Product Development

Newlight Appoints Jim Lunt, Global Expert in Biopolymers, as Vice President of
                             Product Development

Industry veteran and recipient of the Presidential Green Chemistry Award will
drive commercial sales of Newlight's sustainable plastics

PR Newswire

IRVINE, Calif., Nov. 16, 2012

IRVINE, Calif., Nov. 16, 2012 /PRNewswire/ --Newlight Technologies
(www.newlight.com) announced today it has added Jim Lunt, one of the world's
leading experts in biopolymer commercial development, to its team as Vice
President of Product Development. Lunt's primary role will be to drive sales
of Newlight's high-performance, sustainable, cost-effective Airflex™ resins in
key plastics markets.

Prior to Newlight, Lunt served as the first head of product development for
NatureWorks, LLC, spearheading the growth of NatureWorks PLA to multi-hundred
million pound per year sales. Prior to NatureWorks, Lunt pioneered the
development and commercialization of TPEs, vulcanized polyolefins,
environmentally-friendly phenolic foams, and long glass fiber reinforced
thermoplastics. Lunt has co-invented over 20 patents, authored numerous
publications, and been an invited speaker at conferences worldwide. In
recognition of Lunt's significant contributions to the advancement of the
global polymer industry, Lunt was awarded the Presidential Green Chemistry
Award in 2002.

"We are thrilled to have Jim on board," said Newlight CEO, Mark Herrema. "Jim
brings unparalleled expertise in polymer chemistry, product development, and
sales execution, and his work in commercializing NatureWorks PLA and other
advanced technologies will be an invaluable asset in accelerating Newlight's
expansion to large-scale commercial operations."

Founded in 2003, Newlight has developed, patented, and commercialized a
groundbreaking technology that pulls carbon and oxygen molecules out of air
containing greenhouse gas and converts those molecules into high-performance,
sustainable plastics at ultra-high-efficiency. Newlight's technology is
operable using a wide range of gas sources, including greenhouse gases derived
from landfills, digesters, wastewater facilities, and energy facilities. The
company's plastics require no oil, no food crops, and, of equal importance,
can match or exceed oil-based plastics on performance while significantly
out-competing on price.

Lunt joins a highly accomplished team at Newlight comprised of proven leaders
in the plastics and chemical industries, including:

- Jim Stoppert (Business Development), the first CEO of NatureWorks, LLC, one
of the most successful bioplastics companies in the world. Following
NatureWorks, Stoppert was CEO at Segetis, Inc., and Rivertop Renewables, two
leading renewable chemical companies. From 2001-2008, Stoppert led the
Industrial BioProducts Business Unit at Cargill, which led to the creation of
Elevance and BiOH. Stoppert also served as the head of Dow Chemical's 1.2
billion pound per year styrenics division.

- Dave Henton, Ph.D. (Research and Development), former Senior Scientist at
Dow Chemical, Chairman of Dow Chemical's Material Technical Advisory Board,
and co-inventor on over 30 patents. Today, Dow Chemical sells millions of
pounds annually of ABS resins and polymer blends based on technology developed
and patented by Henton. In recognition of his significant contributions to
the polymer industry in PET, thermoplastic composites, ABS, nylon fibers, and
PLA (for NatureWorks), Henton was awarded the ACS Award for Outstanding
Achievement and Promotion of the Chemical Sciences in 1999 and the ACS
Regional Innovation Award in 2004.

- Glenn Fredrickson, Ph.D., Director of UCSB's Mitsubishi Chemical Center for
Advanced Materials (MC-CAM) and Director of the Complex Fluid Design
Consortium (CFDC). Fredrickson has over 250 publications and 10 patents
published or pending. In recognition of Fredrickson's significant
achievements, he has been awarded: an NSF Presidential Young Investigator
Award, a Sloan Fellowship, the Dreyfus Teacher-Scholar Award, the Dillon Medal
and Polymer Physics Prize of the American Physical Society (APS), the Alpha
Chi Sigma Award of the American Institute of Chemical Engineers, and election
to the American Academy of Arts & Sciences and the National Academy of
Engineering.

- Wes Coleman (Human Resources), former Executive Vice President and Chief
Human Resources Officer at The Walt Disney Company. Before Disney, Coleman
served as Vice President of Global Human Resources at Nike, Inc., where he was
responsible for nearly 28,000 employees worldwide. Coleman holds an MBA
degree from the University of Pittsburgh and a business management degree from
Hampton University, and brings a wealth of knowledge around building a
world-class management, compensation, employee development, and cultural
development platform.

- Patrick O'Brien (Business Development), former President of North America
and European operations for S.C. Johnson & Son, Inc., as well as President and
COO of Johnson Outdoors. O'Brien graduated from the University of Wisconsin
with undergraduate and graduate marketing degrees, and brings invaluable
insight into marketing, sales, and operations within the consumer goods
industry.

About Newlight

Founded in 2003, Newlight Technologies, LLC has invented, patented, and
commercialized a game-changing carbon capture and plastics manufacturing
technology. On a large-scale, continuous basis, Newlight converts air and
greenhouse gases, such as methane and carbon dioxide (which can be derived
from a range of sources, including wastewater treatment systems, digesters,
landfills, and energy facilities), into PHA-based plastics that can match or
exceed oil-based commodity plastics on performance while significantly
out-competing on price. Newlight's plastics require no oil, no food crops,
and can be made into biodegradable products that offer revolutionary
recyclability: starting, finishing, and recycling as greenhouse gas. Newlight
currently sells the company's sustainable plastics to customers with
applications ranging from furniture parts to storage containers to packaging
films, and is currently expanding commercial production capacity towards the
company's objective of commodity-scale operations. Cost-effective,
high-performance, sustainable, patented, and proven.

For more information, visit www.newlight.com.

Media Contact:

Newlight Technologies, LLC
John Williams
Scoville PR for Newlight Technologies, LLC
206-625-0075 x1
jwilliams@scovillepr.com

SOURCE Newlight Technologies, LLC

Website: http://www.newlight.com
 
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