Arabian American to Build Second Renewable Hydrocarbon Processing Demonstration Plant

      Arabian American to Build Second Renewable Hydrocarbon Processing
                             Demonstration Plant

South Hampton Resources Subsidiary Collaborates with Gevo, Inc. to Develop
Renewable Hydrocarbon Materials Utilizing Toll Processing Services

PR Newswire

SUGAR LAND, Texas, March 28, 2013

SUGAR LAND, Texas, March 28, 2013 /PRNewswire/ -- Arabian American Development
Co. (NYSE: ARSD) announced today that it has signed a contract with Gevo, Inc.
(Nasdaq: GEVO) to extend toll processing services of the hydrocarbon
processing demonstration plant at its South Hampton Resources (SHR) facility
in Silsbee, Texas and construct a second demonstration unit to provide Gevo
with toll-processing services necessary to process up to 16,000 pounds per
month of mixed octane materials produced on the existing isobutanol to jet
demonstration unit.

The new demonstration unit will produce paraxylene for polyethylene
terephthalate (PET). This will allow Gevo to supply early adopters with
product so they can test material, make samples and start their selling cycle.
The contract is for a year and a half with one-year extensions available
thereafter. The demonstration plant is slated for completion in Q3 2013. SHR
will complete the final design and engineering package for the unit from
preliminary plans supplied by Gevo and will incur incidental costs related to
site preparation and tie-ins.

Nick Carter, President and CEO commented, "We are happy to expand our
relationship with a partner developing cutting edge technology like Gevo.
This is a further testament to our ability to provide custom solutions for our
clients in a timely manner, whatever their needs may be. As we have
previously mentioned, we will continue to focus on adding and growing tolling
relationships like this throughout the coming year." 

"We have been impressed with the quality of service that South Hampton
provides. I believe this agreement stands as a testament to our confidence in
the team at SHR," stated Christopher Ryan, President, Chief Operating Officer,
and Chief Technology Officer.

About Arabian American Development Company (ARSD)

ARSD owns and operates a petrochemical facility located in southeast Texas,
just north of Beaumont which specializes in high purity petrochemical solvents
and other solvent type manufacturing. The Company is also the original
developer and a 35% owner of Al Masane Al Kobra Mining Co., a Saudi Arabian
joint stock company.

Safe Harbor

Statements in this release that are not historical facts are forward looking
statements as defined in the Private Securities Litigation Reform Act of 1995.
Forward looking statements are based upon management's belief as well as
assumptions made by and information currently available to management. Because
such statements are based upon expectations as to future economic performance
and are not statements of fact, actual results may differ from those
projected. These risks, as well as others, are discussed in greater detail in
Arabian American's filings with the Securities and Exchange Commission,
including Arabian American's Annual Report on Form 10-K for the year ended
December 31, 2012, and the Company's subsequent Quarterly Reports on Form
10-Q.

Company Contact:

Nick Carter, President and Chief Executive Officer
(409) 385-8300
ncarter@arabianamericandev.com

Investor Relations Contact:

Kim Rogers-Carrete, Principal
Genesis Select
(303) 415-0200
krogersc@genesisselect.com

Or

Matthew Selinger, Principal
Genesis Select
(303) 415-0200
mselinger@genesisselect.com

SOURCE Arabian American Development Co.
 
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