BNET Industries
Market Cap:$152.6M
Last Fiscal Year Sales:$4.8M
- Public
- US
Dow Jones Description
Our focus is the commercialization of innovative technology to produce synthetic liquid hydrocarbons. Our Bio-Synfining Technology processes triglycerides and/or fatty acids from fats and vegetable oils with heat, hydrogen and proprietary catalysts to make renewable synthetic fuels, such as diesel, heating oil, jet fuel (subject to certification), kerosene, naphtha and propane. Syntroleum has quantified in excess of 100 different fats and oils, which cover the spectrum of both cost and quality, for conversion to synthetic fuels via the Bio-Synfining Technology. Operations to date have consisted of activities related to the commercialization of a proprietary process (the Syntroleum ® Process) and previously consisted of research and development of the Syntroleum ® Process designed to convert carbonaceous material (biomass, coal, natural gas and petroleum coke) into synthetic liquid hydrocarbons. Synthetic hydrocarbons produced by the Syntroleum ® Process can be further processed using the Syntroleum Synfining ® Process into high quality liquid fuels. Our Bio-Synfining Technology is a renewable fuels application of our Synfining ® technology. We are centered on being a recognized provider of the Bio-Synfining Technology, Syntroleum ® Process and Synfining ® product upgrading technology to the energy industry through strategic relationships and deployment of our technology.
Number of Employees 22
Peer Companies
NAICS Code Crude Petroleum and Natural Gas Extraction: 211111
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Syntroleum Corporation Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thanks you. We will now begin the question-and-answer session. Operator instructions. This time our question comes from Jerry Rumples [ph] who is a private investor. Jerry Rumples I was wondering on that plant that you guys, the demonstration plant you are building in China and the agreement...
Syntroleum and Marathon Discharge Promissory Notes and Sign New Technology License Agreement
TULSA, Okla. -- Syntroleum Corporation (Nasdaq:SYNM) announced today the execution of a new, definitive license agreement with Marathon Oil Company, a wholly owned subsidiary of Marathon Oil Corporation (NYSE:MRO). The new agreement replaces the original Master Preferred License Agreement for Syntroleum's gas-to-liquids GTL technology, and it establishes a limited master...
Syntroleum and ExxonMobil Sign GTL Technology Agreement
TULSA, Okla. & IRVING, Texas -- Syntroleum Corporation (Nasdaq:SYNM) and ExxonMobil Research & Engineering Company EMRE, announced today the execution of an agreement that grants Syntroleum a worldwide license under ExxonMobil's Gas to Liquids GTL patents to produce and sell fuels from natural gas or other carbonaceous substances such as...
Syntroleum/Sovereign Oil & Gas sign agreement
Syntroleum Corporation and Sovereign Oil & Gas Company have signed a joint development agreement whereby Sovereign will work exclusively with Syntroleum to acquire and develop stranded natural gas fields worldwide using Syntroleum's proprietary gas-to liquids GTL synthetic fuels technology. The agreement brings together the two companies to identify and license...
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