Ygal Doron
Bethesda, MD (USA)
Role(s):
Active Funding Request
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VP/SVP/Dept Head
MOP Environmental Solutions, D/B/A JPO Absorbents
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Startup
Location:
Fairfield
Industry:
Other
Year Founded:
2014
Number Employees:
1-10 people
Business Stage:
Growth (profitable)
Entity Type:
"S" Corporation
Description:
JPO Companies Inc. a producer and supplier of extremely effective “environmentally safe” absorbents primarily for the oil, gas and petro-chemical industries since 2009, completed in July 2014 a merger with the publicly traded company MOP Environmental Solutions Inc., to become MOP Environmental Solutions Inc. d/b/a/ JPO Absorbents, in a $6.1 Billion worldwide sorbents market.
The merger dramatically expands JPO’s market-share and the ability to be a leader in the world-wide sorbent market. This “start-up” company – unlike other typical start-ups - has already a winning product, one that is proven to be the no.1 fastest, most effective and most “earth friendly” absorbent on the planet.
JPO recently became an approved vendor for Motion Industries, Applied and other top suppliers of equipment to the chemical, oil and gas markets in the United States. We are now in discussions with other key industries in this and intersecting industry groups; companies like Halliburton, Baker-Hughes, Old Castle, Exxon Mobil, Univar, Harcros, Nalco and others.
At the same time, JPO is expanding its world-wide distribution, and we've already signed distribution agreements with major companies in Nigeria, Saudi Arabia, Singapore, Malaysia and Indonesia.
JPO Absorbents is now at the midst of the next phase, deepening the development and distribution of our exceptional product line, especially the new and revolutionary Ultra-Blend universal absorbent, serving as a powerful growth engine. In addition, JPO will start this year the distribution of a world class industrial degreaser, which is part of our future non-commercial line.
We’ve achieved all of that in a relative short time, and expect a fast growing business in the coming year/s. The potential is huge and the financial forecast is very promising. JPO needs investments mainly for inventory, to satisfy the fast growing demand.
For more details, please call Ygal Doron, VP Business Development, at 240-676-8171, or by email, at ygal@jpoabsorbents.com