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KiOR Ships First Cellulosic Diesel



KiOR Ships First Cellulosic Diesel

World's First Renewable Diesel En Route to American Vehicles

PASADENA, Texas, March 18, 2013 (GLOBE NEWSWIRE) -- KiOR, Inc. (Nasdaq:KiOR),
today announced the initial shipments of cellulosic diesel from its first
commercial-scale facility in Columbus, Mississippi.

KiOR's facility uses pine wood chips previously feeding a shut down paper mill
at Columbus and produces gasoline and diesel, the first renewable hydrocarbon
fuels in the U.S. manufactured at commercial scale and derived solely from
non-food feedstocks to avoid competition with human food needs. Unlike
traditional biofuels like ethanol or biodiesel, KiOR's fuels have no
compatibility issues. KiOR's renewable gasoline is also the first renewable
cellulosic gasoline ever registered by the Environmental Protection Agency for
sale in the U.S.

"This is a major step forward for KiOR, the biofuels industry and the entire
renewable fuels sector," said Fred Cannon, KiOR's President and Chief
Executive Officer. "With first production at Columbus, KiOR has technology
with the potential to resurrect each and every shut down paper mill in the
country and to replace imported oil on a cost effective basis while creating
American jobs. This facility demonstrates the efficacy of KiOR's proprietary
catalytic biomass-to-fuel process with the potential to deliver cellulosic
gasoline and diesel to the U.S. We are proud to be making history in
Mississippi. The technology is simply scalable and we believe sufficient
excess feedstock exists in the Southeast alone to build almost fifty KiOR
commercial scale facilities."

Condoleezza Rice, former U.S. Secretary of State and a current member of
KiOR's Board of Directors, added, "KiOR is changing the American energy
equation by innovating and commercializing an entirely new generation of
hydrocarbon-based diesel and gasoline fuel. By making the promise of
cellulosic fuels a reality, KiOR demonstrates that these fuels are an
attractive option for lessening America's dependence on foreign sources of
energy." 

Haley Barbour, former Governor of Mississippi, who was instrumental in
attracting KiOR to Mississippi, remarked, "The shipment of this first fuel
from KiOR's Columbus, Mississippi, facility is the culmination of a vision to
establish Mississippi as the birthplace of the wood-to-fuels production
technology. This progress highlights our highly skilled labor force, abundant
natural resources and supportive government climate for innovative companies
like KiOR seeking a home to expand their businesses. Mississippi has partnered
with KiOR throughout this history-making project, contributing economic
development support ranging from research and testing projects within our
world class universities, to technical training within our superb community
college system."

Major benefits of KiOR fuels include:

  * Fuels are identical to petroleum based fuels made from conventional
    methods and will drop in to the existing fuels infrastructure.
  * Studies show that KiOR fuels will have a significant reduction in
    lifecycle greenhouse gas emissions when compared to fossil-based fuels.
    KiOR fuels in today's engines can provide a carbon emissions profile that
    is comparable to or better than electric cars run off the U.S. electric
    grid.
  * Construction and operation of production facilities provides significant
    economic development in rural areas.

About KiOR

KiOR, a global leader in cellulosic gasoline and diesel transportation fuels,
has developed a unique proprietary technology platform to convert abundant and
sustainable non-food biomass into fuels for use in vehicles on the road today.
KiOR's cellulosic fuels, which may be transported using existing distribution
networks, help ease dependence on foreign oil, reduce lifecycle greenhouse gas
emissions and create high-quality jobs and economic benefit across rural
communities.

KiOR's shares are traded on NASDAQ under the symbol "KiOR." For more
information, please visit www.KiOR.com.

The KiOR logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=13767

Forward-Looking Statements

This release contains "forward looking" statements within the meaning of the
Private Securities Litigation Reform Act of 1995 and Section 21E of the
Securities Exchange Act of 1934, as amended, regarding future results and
events, including, without limitation, statements about: our ability to
produce cellulosic hydrocarbon fuel on a commercial scale; our ability to
replace imported oil on a cost effective basis; the ability of our products to
drop in to the existing fuels infrastructure; the level of economic
development that will be created by the construction and operation of our
production facilities; the environmental impact of the use of our fuels,
including the reduction in carbon emissions; the scalability of our
technology; the expected output of our production facilities; and our
anticipated future operations. For this purpose, any statements contained
herein that are not statements of historical fact may be deemed forward
looking statements. Without limiting the foregoing, the words "believes,"
"anticipates," "plans," "expects," intends," "appears," "estimates,"
"projects," "would," "could," "should," "targets," and similar expressions are
also intended to identify forward looking statements. The forward looking
statements in this press release involve a number of important risks and
uncertainties, which could cause our actual future results to differ
significantly from the results discussed in the forward looking statements
contained in this press release. Such factors include our ability to raise the
additional capital we need in order to expand our business and begin
construction on our Natchez facility; the ability of our Columbus facility to
produce cellulosic hydrocarbon fuel on time, on a continuous and
cost-efficient basis and at expected yields; the availability of cash to
invest in the ongoing needs of our business; our ability to successfully
commercialize our cellulosic gasoline, diesel and fuel oil; our ability to
effectively scale our proprietary technology platform and process design; the
cost of constructing, operating and maintaining facilities necessary to
produce our cellulosic gasoline, diesel and fuel oil in commercial volumes;
the ability of our initial-scale commercial production facility, in which we
are in the start-up phase, to satisfy the technical, commercial and production
requirements under offtake agreements relating to the sale of cellulosic
gasoline, diesel and fuel oil; market acceptance of our cellulosic gasoline,
diesel and fuel oil; our ability to obtain and maintain intellectual property
protection for our products and processes, and other factors discussed more
fully in the section entitled "Risk Factors" in the Company's Annual Report on
Form 10-K as filed with the United States Securities and Exchange Commission
(SEC) on March 26, 2012, as updated by the Company's Quarterly Reports on Form
10-Q as filed with the SEC on August 14, 2012 and November 14, 2012, and in
the Company's other filings with the SEC. The "Risk Factors" discussion in the
filings listed above is incorporated by reference in this press release. If
any of these risks or uncertainties materialize, or if our underlying
assumptions prove to be incorrect, actual results, levels of activity,
performance or achievement may vary significantly from what we have projected.
We specifically disclaim any obligation to update these forward looking
statements in the future. These forward-looking statements should not be
relied upon as representing our estimates or views as of any date subsequent
to the date of this press release.

CONTACT: For investors:
         Max Kricorian, Director of Finance
         281-694-8811
         Investor.relations@kior.com
        
         For media:
         Kate Perez, Director, Corporate Communications &
         Public Relations
         281-694-8831
         Media@kior.com

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