Kevin Mathis
Dallas, TX (USA)
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Kingdom Bio Solutions Inc
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Startup
Location:
Dallas
Industry:
Energy
Year Founded:
2008
Number Employees:
10-50 people
Description:
Our company, Kingdom Bio Solutions Inc. is an alternative energy company that specializes in biofuel feedstock procurement, biodiesel production and alternative energy (wind and solar) project design.
KBS, Inc.’s corporate headquarters are located in Dallas, Texas with production and operations facilities in Bridgeport, Alabama. KBS, Inc. plans to become a leader in biofuel production first in the US and then around the world.
Kingdom Bio Solutions Inc. (KBS, Inc.) of Dallas has recently closed a multi-million dollar deal, securing a fifty-two (52) Million gallon a year biodiesel facility in Bridgeport, Alabama. The plant has a strong production history since 2006, multi-feedstock processing capability, a centralized location with great multi-modal logistical accessibility, including truck, rail and port access to the Tennessee River.
The plant has consistently processed 10 different types of animal and vegetable oils, including the more difficult to process used vegetable oil (UVO) and waste cooking oil (WCO), into ASTM Spec commercial grade biodiesel.
Historically, the rising cost of virgin soybean oil has caused biodiesel plants to struggle, but the multi feedstock versatility of Kingdom’s plant provides operating advantages that withstand economic trends.
Through strategic partnerships we have confirmed a 5M gallons a month off-take agreement with an Alabama based oil distributor, we have secured funding for our $6M plant expansion, through our proceurement department restaurant cooking oil recovery contracts and through our internation business focus over 330,000 hectare dedicated to the cultivation of biofuel feedstock in Mexico, Central and South America and several countries in Africa.
Kingdom has now reached the next phase in its existence, consulting equity partners to achieve expansion objectives which will include ramping up production from 52MMGY up to 160 MMGY, construct a 4 MMGY refined glycerin plant and 21 million gallon storage facility, fortify rail-loading platforms and constructing a shipping wharf on the Tennessee River.
We have consulted with several investment banks, private equity investors, potential JV partners and have accomplished alot. We are seeking a $2M secured asset based loan or line against our production facility (52MMGY Biodiesel Refinery- 28 acres on the Tennessee River).
If you know anyone that might be able to assist in this 2M secured working capital line or loan. Please send us thier information; our business plan, PPM ($11M), 5M gals a mo. biodiesel off take agreement and our $6M plant expansion funding confirmation are all availible for thier due diligence.
For more information about Kingdom Bio Solutions Inc. visit our company's website at (URL removed)
CONTACT:
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