Daniel Sloan
Houston, TX (USA)
Role(s):
Tampa Energy Corporation
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Startup
Location:
Houston
Industry:
Energy
Year Founded:
2008
Number Employees:
INVALID
Description:
Tampa Energy Corporation build, own and operate a modern ethanol dehydration plant in the Caribbean in order to process hydrous ethanol from sugar cane in Brazil under a long term supply contract. The processed anhydrous ethanol (motor fuel grade) will be shipped to the United States duty-free. Initial annual revenue and after tax income are projected to be $250 million and $50 million respectively. Projected revenue and income will double within 5 years. Profits will be earned offshore and will be tax-free. Capital costs will be less than 20% of corn base models.