**EXHIBIT14.1**

**BLACKHAWKBIOFUELS, LLC**

**CODEOF ETHICS AND BUSINESS CONDUCT**
| **INTRODUCTION**                              |
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| *Our Commitment*                              |   | We are firmly committed to conducting our business  lawfully and ethically. We believe it is essential for each of our managers,  officers, employees and other representatives to act at all times with  honesty and propriety, to exercise good judgment and to conduct business in a  manner that can be supported without reservation or apology. |
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| *The Code*                                    |   | It is not possible to develop a detailed set of  rules, policies or procedures that cover all circumstances. The best  guidelines are individual integrity, common sense and compliance with law.  This Code of Ethics and Business Conduct (the “Code”) provides a basic guide  to assist our management, employees and others acting on our behalf in  understanding their responsibilities. |
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| *Applicability of Code*                       |   | This Code applies to each of our managers, officers,  employees and other representatives and to their immediate family members. We  will inform our independent representatives, associates and agents of the  importance of adhering to the provisions and principles of this Code. |
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| **OUR  RESPONSIBILITIES FOR HONEST BUSINESS** |
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| *Ethical Conduct*                             |   | Our reputation for legal and ethical behavior is one  of our most valuable assets. We are all responsible for safeguarding this  important asset.  We have a policy of strict compliance with all laws, whether federal, state,  local or foreign. Our reputation is built on more than compliance with  applicable laws – the highest standards of moral and ethical behavior are  essential to maintaining our good reputation. We do not tolerate unethical or  dishonest conduct. |
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| *Conflicts of Interest*                       |   | You have a responsibility to avoid all influences,  interests or relationships that might adversely affect your commitment to our  business or distort your business judgment. You should make business  decisions based upon the best interests of our Company.  While it is not possible to develop a comprehensive set of rules covering all  circumstances, the following are examples of activities that could be  considered a conflict of interest if undertaken by you or members of your  household:·              Owning  a substantial interest in any competing business or in any outside concern  that does business with us; |

 

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|                                           |   | ·              Providing services as a  director, officer, manager, consultant, employee or independent contractor to  any outside concern that does business with us or is in a competing business,  except with our specific prior knowledge and consent;

·              Engaging in any outside  employment that is in conflict with an essential business-related interest or  that requires significant time, attention or energy, except with our specific  prior knowledge and consent;

·              Accepting gifts (other than  gifts of nominal value), favors, compensation, loans, excessive entertainment  or other similar activities from our competitors or from any other company or  person that does business or seeks to do business with us

·              Representing us in any  transaction with a person or organization in which you or your immediate  family have a direct or indirect personal interest or may derive a benefit; 

·              Competing directly or indirectly  with us in the design, manufacture, marketing, purchase or sale of products  or property rights or interests; 

·              Taking advantage of any business  opportunity that would rightfully belong to us; 

·              Using or revealing (without  proper authorization) any confidential product information, confidential  financial information or other confidential information concerning our plans,  decisions or activities, including information that is not available to the  general public and that could be considered of some importance in a decision  whether to buy or sell our securities or our business partners’ securities.  Additional guidelines and more detailed information regarding some of the  above examples can be found in the “*Confidential Information*”  and “*Insider Trading*” sections of this  Code. |
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| *Undue Influence or Bribery*              |   | It is illegal to pay or receive a bribe intended to  influence business conduct. Our policy follows a higher standard than the law  requires and prohibits any activity that creates an appearance of  impropriety. Use of Company funds or property to bribe or unduly influence  any decision by a director, officer, manager, employee or agent of another  company or any governmental employee or official is strictly prohibited.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
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| *Gifts, Donations, Bequests and Legacies* |   | You may not accept or offer any gift, offer of  travel, or unusual hospitality from any person or organization in connection  with any transaction with us. However, unsolicited gifts of nominal value or  customary hospitality from persons or entities doing business with us may be  allowed when it is clear that no intent is being made to influence or  obligate.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

 

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|                                              | ** ** | Business courtesies such as meals, transportation  and entertainment must be modest in amount and related to a legitimate  purpose. No manager, officer or employee must provide entertainment, meals or  gratuities to any customer or other business associate (or group thereof) of  the Company of more than nominal value, or give any gift to such a person or  group, without first obtaining written approval from the Company. No business  courtesies may be given with either an explicit or implicit understanding to  use or purchase the Company’s products.   We have a responsibility to provide instruction, education, and training on  the safe and effective use of our products to health care providers. If we  provide honoraria or reimbursement of travel, living, or meal expenses to  participants, the amount must be reasonable and in compliance with this Code.  Donations to customers and those closely affiliated with customers must  entail a benefit to society and must be made to promote better health care,  demonstrate good Company citizenship or serve a genuine educational function.  Such donations should be provided in compliance with applicable laws and  authorized by an appropriate Company officer.  Neither you nor any member of your immediate family may accept a bequest or  legacy from any of our customers (other than a relative or person who has  never had business dealings with us) under a will or trust without our  advance written permission. |
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| *Company Resources*                          |       | Our telephones, email and mail service should be  used only for Company business. Personal telephone calls and email should be  limited. Do not receive personal correspondence at the Company address.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
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| **OUR  RESPONSIBILITIES IN OUR MARKETPLACE** |
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| *Regulatory Matters*                         |       | Our business is heavily regulated by governmental  agencies. Every employee is responsible for ensuring compliance with  regulatory requirements. If you have any concerns with respect to the  regulatory compliance of our business, report these concerns immediately to  management. We are committed to maintaining an open and professional  relationship with regulators on matters of regulatory policy, submissions,  compliance, and product performance.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
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| *Fair Competition and Antitrust*             |       | The primary antitrust concerns in our segment of the  industry lie in the communications with our competitors and with our  customers. Our competitors include anyone in our geographic markets marketing  or selling products and services which are the same as, or similar to, those  we market and sell. Our customers are companies that purchase our products  and services.  We are required to comply with antitrust and unfair competition laws. These  laws are complex and vary considerably from state to state. The following  activities are generally prohibited under these laws:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

 

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|                       |                                  | ·              Agreements with competitors that  harm customers, including price fixing and allocations of customers or  contracts. 

·              Agreements that unduly limit a  customer’s ability to sell a product or service, including establishing the  resale price of a product or service, or conditioning the sale of services or  products on an agreement to buy other of our products and services

·              Attempts to monopolize, including  pricing a service or product below cost in order to eliminate competition. 

·              Use of theft, deceit, or  subterfuge in order to obtain information; 

·              Engaging in illegal kickbacks,  tying, refusals to deal, price discrimination or other illegal competitive  practices.

 

Employees may not discuss information with our  competitors or customers relating to such subjects as projected sales for any  specific product or service, revenues or expenses, unannounced products and  services, pricing strategies, personnel situations and other proprietary  information.  If you are in doubt about whether any particular conduct is appropriate, you  should seek guidance from management. |
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| *Sales and Marketing* |                                  | Our goal is to build long-term relationships with  our customers by demonstrating honesty and integrity. All of our marketing  and advertising will be accurate and truthful and in compliance with laws  regulating our products. Deliberately misleading messages, omissions of  important fact, or false claims about our competitors’ offerings are never  acceptable.  We will only obtain and conduct our business legally and ethically. Bribes or  kickbacks are not acceptable and are strictly prohibited under both state and  federal law.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
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| * *              | **OUR RESPONSIBILITIES TO EMPLOYEES** |
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| *Respect*             |                                  | Our employees make a difference in our performance  as a company. Without dedicated employees, we would be unable to serve our  customers. We expect and require compliance with all requirements of  applicable labor laws – including those regarding occupational health and  safety, equal employment opportunity, sexual harassment, rates of pay and  overtime. We strive to provide our employees with a working environment of  mutual respect and support that allows them to be productive and effective in  their jobs.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |

 

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| *Equal Opportunity*                                  | We are an equal opportunity employer.  We are committed to providing a work  environment that is free from discrimination and harassment of any kind,  whether verbal, physical or visual.   Discrimination and harassment are strictly prohibited and will not be  tolerated.

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| *Safety*                                             | A safe and healthy work environment is of the utmost  importance to us.  We are committed to  complying with Occupational Safety and Health Administration Requirements  (OSHA) requirements.  Great care must  be taken in order to promptly correct any safety problems in the  workplace.  You must report all  accidents to the appropriate supervisors or management, no matter how slight.

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| **OUR  RESPONSIBILITY FOR COMPANY INFORMATION**      |
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| *Confidential Information*                           | Our success depends upon our ability to maintain certain information  in confidence.  That information  includes any non-public information relating to the Company, our customers  and suppliers, or anyone else who receives information as part of a business  relationship.  Non-public information  about past results and anticipated future plans should be protected.  Confidential information should not be  disclosed to anyone outside of the Company or to anyone inside the Company  who does not have a need to know that information.

 

We must protect customer information that is sensitive, private or  confidential just as carefully as our own.   Only those who have a need to know should have access to confidential  information.  Both federal and state  privacy laws regulate the disclosure and use of information regarding a  person’s health, treatment or payment for health care.  Any use or disclosure of this information,  except in compliance with these laws, could result in criminal or civil  punishment, as well as disciplinary action up to and including termination of  your employment.  Consult with our  management if you have questions about these privacy laws.

 

Our employees are expected to cooperate with  reasonable requests for information from government agencies and regulators,  and to consult with management before responding to any non-routine  requests.  All information provided  must be truthful and accurate. |
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| *Disclosure  of*

*Company  News*

*and Information* | Our financial information is not to be released to anyone  unless it is included in a published report, or otherwise made generally  available to the public.  Questions  concerning the disclosure of confidential information should be referred to  the appropriate Company officers.   Confidential business matters, which could be of interest to  competitors, and customer information should never be discussed with  representatives of the media or in any other public forum.  All media inquiries or requests for  information from financial analysts or our members or unit holders should be  referred to the appropriate Company officers.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |

 

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| *Insider Trading*                                 | Upon completion  of our initial public offering, we intend to adopt a formal policy relating  specifically to insider trading.  You  will be able to obtain a copy of this policy upon request.

 

You may not  purchase or sell our securities (or the securities of our customers or  suppliers) if you are in possession of material information which has not  been disclosed to the general public.   This rule also applies to your family members.  Doing so constitutes a violation of the  law and is against our policy.

 

Information  should generally be regarded as “material” if there is a likelihood that it  would be considered important by an investor in making a decision regarding  purchasing, selling or holding the securities.  The analysis of whether information is  material requires the consideration of many factors.  Examples might include unreleased sales or  earnings figures, projections of future earnings or losses, news of a pending  or proposed merger or asset purchase, a major new contract or lawsuit, a  change in dividend policies, a change in management, news of a significant  sale of assets or the disposition of a subsidiary, and the gain or loss of a  major supplier.  Either positive or  negative information may be material.

 

Disclosure of material  inside information to others who then trade in securities is also  prohibited.  The potential penalties  apply to those who trade on the basis of the “tipped” information as well as  those responsible for supplying information (even if the tipped information  is received from, and supplied to, persons outside of the Company).

 

Our managers and  executive officers must comply with additional requirements when trading in  our securities.  Those requirements  include the avoidance of “short swing” trading and the filing of periodic  reports relating to their trading activities.

 

There are no exceptions to this policy and its  violation may result in serious criminal and civil penalties, in addition to  disciplinary action or discharge. |
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| *Personal Investments*                            | In addition to our policies regarding Insider  Trading, you should be particularly cautious regarding investments that may  appear improper to customers, supervisory authorities or the public.  Transactions that create the appearance  that an individual working for us may be improperly benefiting from his or  her relationship with us or violating his or her fiduciary responsibilities  should be avoided.  This policy applies  equally to investments by members of your immediate family.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
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| **OUR RESPONSIBILITIES FOR ACCURATE BOOKKEEPING** |
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| *Accurate Records*                                | Company books and records must be properly  maintained and must accurately reflect all transactions.  No undisclosed or unrecorded funds or assets  may be established for any purpose.   All contracts under which                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |

 

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|                                                         | funds are disbursed must accurately state the  purposes for which these funds are paid and must not be misleading.  Our financial statements and other disclosure  must be full, fair, accurate, timely and understandable.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
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| *Foreign Corrupt Practices*

*Act Requirements*         | We are subject to the Foreign Corrupt Practices Act  of 1977 (the “FCPA”).  Our policy is to  strictly comply with the provisions of the FCPA, which establishes certain  accounting requirements and prohibits the bribery of foreign governmental  officials.

 

Through the FCPA we are subject to two interrelated  accounting requirements.  First, the  FCPA requires that we maintain books, records and accounts which fairly and  accurately reflect our transactions and dispositions of assets in reasonable  detail.  This requirement is designed  to improve the accuracy of our financial records and the audits that  represent the cornerstone of our financial disclosures.  Second, the FCPA requires that we devise  and maintain a system of internal accounting controls that are sufficient  enough to provide reasonable assurances that our bookkeeping and accounting  objectives will be attained.

 

The FCPA also prohibits us from directly or  indirectly giving anything of value to foreign government officials, foreign  political parties, candidates for political office, or any person where the  payment will inure to the benefit of any of the above parties for the purpose  of obtaining special treatment from a foreign government official, even if  the payment is requested by that person or organization. |
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| *Records Retention*                                     | We have established and maintain a formal records  retention and disposal policy.  You  should be aware of this policy and understand the procedure for the retention  of business documents.

 

Never alter or destroy documents or records in  response to an investigation or other lawful request.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
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| **OUR  RESPONSIBILITIES FOR OUR INTELLECTUAL PROPERTY** |
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| *Protection of Our Intellectual Property*               | We protect our intellectual property by seeking  patent, copyright or trade secret protection and by preventing disclosure or  loss of confidential information.  Our  patents, copyrights, trademarks and other proprietary rights represent  valuable Company assets.  You are  expected to take appropriate steps to protect our patents, copyrights,  trademarks, trade secrets and other proprietary information.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |
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| *Intellectual Property*

*and Your Employment*          | Any inventions, designs, discoveries, ideas,  concepts, works of authorship and trade secrets created during the employment  relationship — or which arise out of an employee’s work or are created using  an employer’s time, materials or assets — are owned by the employer.  You are expected to cooperate with us in documenting  our ownership of all intellectual property developed by you during your  employment with us.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |

 

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| *Intellectual Property Rights of Others*                     | The proprietary rights of others must be  respected.  You may not engage in  industrial espionage or acquire information about other companies or their  products and technology through improper means.  If you receive a confidential disclosure of  trade secrets of a technical or business nature from an outside source, it  should be received under the terms of a written agreement that spells out our  obligations and rights with respect to the use and protection of the  information.                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
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| **YOUR  RESPONSIBILITY IN YOUR COMMUNITIES**                 |
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| *Personal Conduct*                                           | You should always be mindful of our reputation in  the communities we serve.  The success  of our business depends on building trust with our customers and the  public.  This trust is built by your  conduct at work and in your community.   Therefore, it is extremely important that you conduct your business  and personal affairs in such a way as to avoid discredit or  embarrassment.  You should treat all  customers and co-workers with respect and courtesy at all times, whether or  not “on the job.”                                                                                                                                                                                                                                                                                                                                                                                                                                         |
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| *Political**Activities*                                      | We believe that it is important for every citizen to take an active  interest in political and governmental affairs.  All of our personnel are encouraged to keep  themselves well-informed concerning political issues and candidates and to  take an active role in fostering better government.  If you elect to participate in political  activities, however, you should make it clear at all times that your  participation is done as a purely private citizen and not in the capacity of  a representative of the Company.  You  may contribute as you choose to a particular political candidate or ballot  proposition as long as those contributions are personal.

 

We have a right to political expression on issues  and we may express ourselves through contributions to campaigns that do not  involve the election of candidates and are not prohibited by law.                                                                                      |
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| **OUR  RESPONSIBILITIES FOR ENFORCEMENT AND ACCOUNTABILITY** |
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| *Enforcement and Accountability*                             | Violation of the principles of this Code or  applicable policies and procedures by any of our managers, officers or  employees (or their immediate family members, to the extent applicable) will  result in disciplinary action, up to and including discharge of the officer  or employee.  Violation of this Code by  any business partner may result in termination of the distribution, dealer or  agency agreement.  In some cases,  violation of this Code may also be a violation of civil or criminal law and  any disciplinary action by the Company would be in addition to any  governmental civil or criminal penalties.

 

Any employee who wishes to request waiver of, or  required consent under, any provision of this Code must make a written  request to their immediate supervisor; in the case of the Company’s executive  officers and managers, requests for waivers or required consents must be made  to the Company’s Audit Committee. |

 

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| *Reporting Violations*                                                      | Upon completion of our initial public offering, we  intend to adopt a Policy on Reporting and Investigating Allegations of  Suspected Improper Activities (the “Reporting Policy”) that governs the investigation  and reporting of improper activities, including violations of this Code, and  allows employees to submit certain concerns in a confidential and anonymous  manner.

 

If you believe that you have discovered a possible  violation of the letter or intent of this Code, you may contact a supervisor,  manager or officer.

 

In the event an alleged violation involves a member  of the Board of Managers or an officer of the Company, a report may be made  in writing to the Audit Committee.  All  reports of a possible violation will be forwarded unopened, unaltered and  anonymously to the Audit Committee with the same “whistleblower” protection  as in our Reporting Policy. |
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| *Who to Contact Regarding Accounting Concerns*                              | If you have questions or concerns about the accounting  or auditing practice of Blackhawk Biofuels, LLC, including its internal  accounting controls, you are encouraged to report these concerns to the  Blackhawk Biofuels, LLC Audit Committee.

 

These reports should be submitted and will be  administered as outlined in our Reporting Policy.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
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| *Who to Contact with Questions or Concerns on Code  of Ethics and  Conduct* | If you have questions or concerns relating to this  Code, you may contact:

 

Quentin Davis

Secretary

Blackhawk Biofuels, LLC

22 South Chicago Avenue

Freeport, Illinois 61032                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |

 

Under federal law, Blackhawk Biofuels, LLC may not discharge, demote,suspend, threaten, harass, or in any other manner discriminate against anemployee in the terms and conditions of employment because of any lawful reportregarding a violation of any rule or regulation of the Securities or ExchangeCommission or any federal law relating to fraud against members or unit holdersof Blackhawk Biofuels, LLC.

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