2014 ENERGY CONFERENCE

VGO, Marine Fuel, and Cutterstocks derived from ReRefining

October 2014

RECOVERING TOMORROW’S ENERGYRECOVERING TOMORROW’S ENERGY

DISCLAIMER

This document may contain forward-looking statements including words such as “may,” “can,” “could,” “should,” “predict,” “aim,”

“potential,” “continue,” “opportunity,” “intend,” “goal,” “estimate,” “expect,” “expectations,” “project,” “projections,” “plans,”

“anticipates,” “believe,” “think,” “confident,” “scheduled,” or similar expressions, as well as information about management’s view

of Vertex Energy’s future expectations, plans and prospects, within the safe harbor provisions under Private Securities Litigation

Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the

results of Vertex Energy, its divisions and concepts to be materially different than those expressed or implied in such statements.

These risk factors and others are included from time to time in documents Vertex Energy files with the Securities and Exchange

Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors

also could have material adverse effects on Vertex Energy’s future results. The forward-looking statements included in this

presentation are made only as of the date hereof. Vertex Energy cannot guarantee future results, levels of activity, performance

or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Vertex Energy

undertakes no obligation to update these statements after the date of this presentation, except as required by law, and also

undertakes no obligation to update or correct information prepared by third parties that are not paid for by Vertex Energy.

Industry Information

Information regarding market and industry statistics contained in this presentation is based on information available to us that we

believe is accurate. It is generally based on publications that are not produced for investment or economic analysis.

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RECOVERING TOMORROW’S ENERGY

COMPANY SNAPSHOT

Key Term:

3

A leading recycler of used motor oil and refiner of off-

specification petroleum and chemical co-products

Core expertise in street-level feedstock collection, refining, and

sales

Developed and patented a used motor oil re-refining process

technology (“TCEP”)

Vertically integrated business model providing value-added

services and capturing higher margins

Flexible, scalable, and efficient platform

‒ Internal feedstock collection and refining capabilities

‒ Leverage 3rd party collectors and refineries

Uniquely positioned to leverage our core expertise and

proprietary technology to develop regional markets across the

U.S., replicating our success in Houston into other geographies

Feedstock – Raw material used in a refining process to produce a higher value finished product

‒ Used motor oil from Jiffy Lube®

‒ Co-product from industrial chemical

manufacturing plant

‒ Unwanted petroleum co-products from

an oil refinery

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COMPANY SNAPSHOT – WHAT WE DO

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Vertex sources feedstocks and processes them into higher value products

‒ Vertically integrated across the value chain collecting a variety of feedstocks from the same customer

Vertex also acts as a broker of used oil to strategically control more used oil supply

USED MOTOR

OIL

CO

LL

EC

TIO

N

&

AG

GR

EG

AT

ION

PR

OC

ES

SI

NG &

HA

ND

LIN

G Broker:MANAGE

LOGISTICS/SALES

USED ANTI-

FREEZE

PR

OD

UC

TS

AL

ES

VE

RT

ICA

LLY

IN

TE

GR

AT

ED

M

OD

EL

USED OIL FILTERS

CHEMICAL & PETROLEUM

CO-PRODUCTS

USED MOTOR

OIL

MARINE

FUEL

PR

OD

UC

T V

AL

UE

$$

$$

$

VIRGIN ANTI-

FREEZE

VERTEX VALUE-ADDED PROCESSING:(REFINING, TCEP, MATERIALS RECOVERY, VGO OTHER FEEDSTOCK

PROCESSING)LEVERAGE PROPRIETARY AND OFF-THE-SHELF TECHNOLOGY

RAW META

L

HIGHER

VALUE FEED-STOC

K

SOLD AS-IS TO

BURNERS AND

REFINERIES

DISTILLATE

S,

GASOLINE,

&

BLENDSTO

CKRECOVERING TOMORROW’S ENERGY

Base Oil &

Lubes

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THE REGIONAL MODEL

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There are significant costs associated with moving feedstock over long distances to and from a centrally located processing facility

The Vertex / Omega combination establishes 2 regional hubs in highly strategic locations, which will optimize transportation costs

E̶ West Coast - California / Nevada

E̶ Gulf Region - New Orleans and Houston

E̶ Vertex can leverage its national aggregation footprint

to supply Omega with Cheaper UMO

Vertex intends to capture additional margin by using its systems and expertise to build street collections as well as offer anti-freeze / filter processing services at the Omega sites

E̶ Collected gallons are typically cheaper than third

party gallons

E̶ Generate incremental profit from the same generator

E̶ Creates stickier customer relationships

VERTEX AGGREGATION / REFINING FOOTPRINT

Vertex TCEP – 32M gal

Marrero – 60M+ gal

Bango – 23M+ gal

Myrtle Grove

-HOUSTON, TEXAS -COLUMBUS, OHIO-MOBILE, ALABAMA -FALLON, NEVADA

CURRENT AGGREGATION SITES

Heartland – 18 M gal

Heartland

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175

225

700

200

0%

25%

50%

75%

100%

Improperly Disposed

Unrefined RecycledFuel

Re-Refined intoLubricating Base Oils

Re-Refined intoIntermediate Products

USED MOTOR OIL RECYCLING INDUSTRY

The U.S. used motor oil recycling industry is

approximately $2.4 - $2.8 billion

Of the 1.3 billion gallons of used oil generated annually,

less than 35% is re-refined while the rest is burned or

improperly disposed

Cheap natural gas creating need for more re-refinement

and processors like Vertex

‒ Used oil collectors historically sold to local industrial burners

‒ Industrial burners are switching to cheap natural gas, and

collectors without infrastructure are now selling to re-refineries

‒ Market price for burning linked to cheap natural gas while

price for re-refined oil is more closely linked to higher priced

diesel

‒ As more of the 700 million gallons of burned oil is re-refined,

the market size will increase considerably assuming the

spread between diesel and natural gas holds

MARKETS FOR USED OIL:

BURNERS (PAPER MILL, ASPHALT KILN)

RE-REFINERIES (BASE STOCK)

VACUUM GAS OIL (VGO)

EXPORT (UTILITY BLENDS)

HIGH VALUE FUEL (THERMAL CHEMICAL EXTRACTION PROCESS

- TCEP)

1.3 BILLION GALLONS OF USED OIL*

* Midpoint of estimated ranges; gallons in millions

6

Re-

Ref

ined

Recycled

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USED MOTOR OIL RECYCLING VALUE CHAIN

GENERATORS COLLECTORS AGGREGATORS PROCESSORS

Third parties generate used oil through core business

Jiffy Lube®, car dealerships, etc.

Collect used oil from generators

Typically local or regional

Highly fragmented

Purchase used oil from collectors

Sell and deliver it as feedstock for processors

Process used oil into a higher value product

Technology upgrades feedstock into higher value end products

End product is used as an industrial fuel, ship fuel, base oil, or refinery feedstock

END USERS

VERTICAL INTEGRATION ENABLES VERTEX TO CONTROL MORE OF THE VALUE CHAIN & CAPTURE HIGHER MARGINS

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UPCOMING MARINE REGULATIONS

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The maritime shipping industry is the leading contributor of sulfur emissions in the transportation sector New U.S. / EU marine regulations beginning Jan. 1, 2015, and globally in 2020 may greatly increase the demand for low

sulfur fuels such as VGO and TCEP

NEW REGULATIONS

Sulfur Dioxide (SO2) has been associated with numerous respiratory illnesses & cardio vascular diseases

SO2 and NOx emissions are the primary causes of acid rain, which can cause significant harm to ecosystems and man made structures

Commercial marine vessels are, by far, the largest source of Sulfur Dioxide in the mobile sector

0 20,000 40,000 60,000 80,000

Comm. Marine Vessels

On-Road

Aircraft

Locomotives

Non-Road

New Sulfur Emission Control Area (SECA) levels go into effect in North America and northern Europe on January 1, 2015, which require ships operating within 200 nautical miles of shore to lower sulfur emissions from 10,000 ppm (1%) to 1,000 ppm (0.1%)

Many industry sources believe shippers will elect to switch to low sulfur gas oil as opposed to burning LNG or installing scrubbers due to high investment costs, long payback periods, and lack of available infrastructure

The net impact of these regulations could result in increased demand of more than 3.5 billion gallons of low-sulfur fuel beginning in 2015

Emission regulations will continue to tighten when the global sulfur limit decreases from 3.5% to 0.5% in 2020

ENVIRONMENTAL AND HEALTH CONSEQUENCES

Vertex Energy now produces approximately 45 – 50 million gallons VGO which meet the 0.1% sulfur spec

(1) Source: US EPA

RECOVERING TOMORROW’S ENERGY

Significantly lower capital expenditures

‒ Estimated cost to build a TCEP plant with capacity of 25 - 50 million gallons is $10 - $15 million, whereas a similarly

sized base oil plant with vacuum distillation towers and a hydrotreater can cost in excess of $50 million.

Higher yield and lower operating costs (less energy requirements)

Potential to develop the technology and produce higher-quality end-products, including base oil

Key advantage to deploying our regional model strategy

PROPRIETARY TCEP TECHNOLOGY

Thermal Chemical Extraction Process (TCEP)

Patented process that extracts impurities from used

motor oil using thermal and chemical dynamics

Produces a low viscosity end product which is

currently used as a fuel oil cutterstock

Produced ~32 million gallons of finished product

during the Last Twelve Months

TCEP Advantages Over Traditional Re-Refineries

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PROPRIETARY TCEP TECHNOLOGY

TCEP cutterstock

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Method Test Result UnitsASTM D4052 Density of Liquids by Digital Density Meter, API Gravity @ 60 deg F 29.8 APIASTM D445 Kinematic / Dynamic Vicosity, Kinematic Viscosity @ 122 deg F / 50 Deg C 39.53 mm2/sASTM D4294 Sulfur Content in Petroleum Products by ED-XRF, Sample Prep (Centrifuged) 0.306 Wt %

ASTM D95 Water By Distillation 0.6 Vol %ASTM D93 Pensky-Martens Closed Cup Flash Point (procedure B) > 158 Farenheit

ASTM D482 Ash from Petroleum Products 0.087 Wt %IP 501 Determination of AL, Si, V, Ni, Fe, Na, Ca, Zn, P in Fuel Oil - ICPES

Aluminum 9 mg/kgSilicon 47 mg/kgVanadium <1 mg/kgCalcium 25 mg/kgZinc 18 mg/kgPhosphorus 142 mg/kg

ITM 1564 GCMS-Headspace (BTEX, DCPD, or VOC's) Styrene <10 ppm Wt

Report of Anaylysis by Intertek

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Meets 2015 ECA Sulfur Maximum of 0.1%.

Excellent fuel system protection and lubrication.

High flash point for safe fuel handling.

Excellent boiler and engine protection.

Consistent and reliable supply. Large volume producer.

VGO/MARINE FUEL

Marrero (LA) refinery

Advanced refining technology. Produced ~50 million

gallons of finished product during the last twelve

months.

ECA 2015 low sulfur compliant, for applications

requiring low sulfur blending or limits.

Where higher product performance is required.

Vertex ECA V-1000 Premium Fuel Oil

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VGO/MARINE FUEL

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Vertex ECA V-1000 Premium Fuel OilAdvanced Refining Technology

Vertex ECA V-1000 Premium Fuel Oil is premium low sulfur marine fuel oil, designed and manufactured to meet new 2015 Emissions Control Area (ECA) requirements.

Vertex ECA V-1000 Premium Fuel Oil is manufactured at one of our state-of-the-art refineries, utilizing advanced distillation and fractionation technologies for a cleaner burning fuel and blender stock.

Vertex ECA V-1000 Premium Fuel Oil not only assists marine operators in meeting the new ECA 0.1% maximum sulfur limit, it can also provide extended equipment life and reduced down time and maintenance costs.

Vertex ECA V-1000 Premium Fuel Oil not only meets the new 0.1% maximum sulfur limit outlined in ECA, it also provides excellent fuel system protection, Ignition quality, compatibility and deposit and sludge control.

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VGO/MARINE FUEL

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Vertex ECA V-1000 Premium Fuel OilQuality and Consistency

0

10

20

30

40

50

Consistent API Gravity

0

5

10

15

20

25

30

35

Consistent Viscosity Production (cSt @ 50°C)

0

0.2

0.4

Low Sulfur Content (Guaranteed ECA Compliant)

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VGO/MARINE FUEL

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Vertex ECA V-1000 Premium Fuel OilComplete Analytical Certification

The quality of Vertex ECA V-1000 Premium Fuel Oil has been verified by external laboratories and shown to meet or exceed the strict limits required to ensure proper protection and performance of modern marine equipment.

ECA V-1000 Premium Fuel Oil not only provides the performance and protection demanded by modern marine engines, it is manufactured from renewable feed sources providing a low emissions fuel that protects the environment through renewal, and reduces our dependence on foreign crude sources.

Vertex ECA V-1000 Premium Fuel Oil typical data has been reviewed by MAN Diesel & Turbo SE, and verified suitable for use when run in conjunction with low BN cylinder oil (as required with all low sulfur ECA fuels).

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VGO/MARINE FUEL

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Vertex ECA V-1000 Premium Fuel OilComplete Analytical Certification

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State of the Art Refinery Capacity ~18 million Gallons / Yr

Producing Premium API Group II Base Oil

Premium Low volatility Stocks Specifically designed to

formulating modern Diesel and Passenger Car Motor Oils

Fully Tested and Approved by API and Major OEM’s

PREMIUM API GROUP II BASE OIL

Vertex, Nevada Refinery

State of the Art Refinery Capacity ~23 million Gallons /

Yr

Producing Premium API Group II Base Oils

Premium Low volatility Stocks Specifically designed to

formulating modern Diesel and Passenger Car Motor Oils

Fully Tested and Approved by API and Major OEM’s

Vertex , Ohio Refinery

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BASE OIL – TYPICAL PRODUCTION

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VERTEX Base Oils are Premium quality paraffinic base stocks manufactured using state of the art re-refining

technology, incorporating vacuum distillation with high pressure hydrotreatment to produce extremely

consistent high quality, light colored, paraffinic base oils.

VERTEX Base Oils not only provide the same high quality performance you have come to expect from virgin

oil manufacturers, they also help protect the environment and reduce America’s dependence on foreign

crude.

VERTEX Base Oils display excellent Noack volatility, oxidation and cold temperatures characteristics required

to formulate modern passenger car and heavy duty diesel engine oils.

RECOVERING TOMORROW’S ENERGY

FINISHED OIL BLENDING CAPABILITIES

Vertex, Bakersfield, CA Blend Facility

Fully Integrated Finished Oil Blending Facility

PCMO (ILSAC GF-5), HDDO (CJ-4/SN) , ATF (Dexron

IIIH and Full Synthetic MV), UTF & Premium Hydraulic

Oils (5000 hours +) Currently available

State of the Art Testing facility for 100% Finished Product

Verification and Certification Testing

Current Capacity ~ 12+ million Gallons / Yr

Producing fully licensed Finished Lubricants

Room for Multiple Additive Chemistries and product line

expansion

Unique Additives approved in Vertex base oils designed for

premium performance and significantly lower formulation

costing

Products Eligible for the California $0.12 Tax Credit

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Questions?

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