Tim Wetzel
Bellevue, WA (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Wetzel Energy Technology Co
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Startup
Location:
Tacoma
Industry:
Energy
Year Founded:
2011
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"C" Corporation
Description:
I have invented a way to convert a variety waste feedstocks and/or seed oils into diesel fuel or heating oil. The fuel is very clean (< 2ppm sulfur, 80% less aromatic hydrocarbons), works great in cold weather, and has high lubricity - friendly to engines. We have a demonstration site in Tacoma, Washington. Stericycle has committed to working with us this year to make fuel from a recycled industrial waste at their Port of Tacoma facility. In the short term, we can provide a machine that converts dirty diesel #6 to clean #2. We have a research project started to make fuel out of sewage or manure, which we've proven at the lab bench level. Our equipment is very cheap compared to plant or algae based biodiesel. Our process is very safe - no high heat or pressure applied, no caustic or explosive chemicals, no waste discharge. We convert over 98%+ of most feedstocks into fuel - mere ounces of undesirable particles are caught in the filters per tens of thousands of gallons.
The fuel will be highly profitable at any level of the price of a barrel of oil, since we start with low cost, waste feedstocks. Depending on the feedstock, additional profit should be obtained from the EPA RFS2 program (RIN credits) and/or IRS biofuel tax credit.
We are looking for wholesale fuel buyers, partners around the world to open up more fuel plants, investors to buy real estate that we would site a fuel plant on - many ways to get involved. See (URL removed) for more info. Inquire for the investor packet.
Renewable Fuel. Its all we know. It's all we do.
Thank you for your consideration.
Tim Wetzel, CEO