scott thomas
kingwood, TX (USA)
Role(s):
Founder/Owner/Principal
Biodiesel
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Startup
Location:
kingwood
Industry:
Energy
Year Founded:
2005
Number Employees:
10-50 people
Description:
The company is a profitable biodiesel plant looking for expansion capital. The company is green in that we convert waste to biodiesel. Most companies in this fiel are foodstock based. Current capital requirement for plant expansion is $6 million. The companies profitability will impove within 6 months to $1 million per month including the federal subsidies of $1 per gallon. Currently the company has more demand then it can satisfy and can take advantage of other companies in this field that have been relying on foodstock ie soy beans to buy their equipment/and or facilities at a reduced price.