David Groner
New Iberia, LA (USA)
Role(s):
Founder/Owner/Principal
Sustainable Fuels, LLC
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Startup
Location:
New Iberia
Industry:
Energy
Year Founded:
2008
Number Employees:
1-10 people
Description:
We are building a biodiesel plant in south Louisiana that will use a revolutionary new process in order to make biodiesel from waste vegetable oil , brown grease ( trap grease) and animal fat. Financials are very attractive, this company can turn a profit even in the current low fuel cost market. When prices increase the financials become extremely attractive.
This will start as a 5 MGY plant , expandable to 25 MGY. A similar plant is currently in construction and will be operational by end of February, 2009. This company will present a model for similar plants that can be built across America. Financing is in place, principles are invested, but want to sell some equity/ venture capital to provide a healthy cushion of operating capital as well as to begin plans for the second plant. For a 7 page executive summary, contact me at: (URL removed)