BNET Industries
Market Cap:$155.6M
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
Seeking Alpha
- 2009-11-07
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 Corporation Q2 2009 Earnings Call Transcript
Seeking Alpha
- 2009-08-10
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Gary Rumple, private investor. Gary Rumple - Private Investor Two conference calls ago you guys were speculating on what the profit per gallon would be when the plant was running full boar; on a projected profit per...
Syntroleum Corporation Q1 2009 Earnings Call Transcript
Seeking Alpha
- 2009-04-27
Question-and-Answer SessionOperator Your first question comes from Richard Colbeck - Private Investor. Richard Colbeck - Private Investor Yes, I’d like to know, if you’ve had any response from either the Air Force or Department of Energy about, coal to liquid plant in 2009 or 2010? Gary Roth This is...
Syntroleum Corporation Q3 2008 Earnings Call Transcript
Seeking Alpha
- 2008-11-25
Question-and-Answer Session Operator Operator Instructions We’ll pause for just a moment to compile the Q&A roster. Our first question comes from Gary Rumple – Shareholder. Gary Rumple – Shareholder I think you were saying that you were bring it online in the beginning of 2010, that a...
Dynamic Fuels LLC, the joint synthetic fuel venture by Tyson Foods Inc. and Syntroleum Corp., has secured preliminary approval from the Louisiana State Bond Commission of its application to issue tax-exempt Gulf Opportunity Zone Bonds to fund the building
- 2008-05-26
Dynamic Fuels LLC, the joint synthetic fuel venture by Tyson Foods Inc. and Syntroleum Corp., has secured preliminary approval from the Louisiana State Bond Commission of its application to issue tax-exempt Gulf Opportunity Zone Bonds to fund the building of the company's first renewable synthetic fuels facility in Geismar, La....
Tulsa-based Syntroleum to transfer to Nasdaq Capital Market
- 2008-04-01
A request has been approved to transfer listing of Syntroleum Corp.'s common stock to the Nasdaq Capital Market from The Nasdaq Global Market. The change was effective Monday. Tulsa-based Syntroleum will continue to trade under SYNM. Earlier this year Syntroleum was notified by Nasdaq that...
Briefs
- 2008-03-01
face=+Bold; GE Signs 32nd Gasification Contract in face=-Bold; face=+Bold; Chinaface=-Bold; GE Energy signed a deal on a coal-to-chemical production plant in China, raising its total gasification contracts in the country to 32, the company said. The latest GE Energy deal was signed with the Guizhou Jinchi Chemical...
Syntroleum Stock is in Danger of Being Delisted from Nasdaq
- 2008-02-01
Tulsa, Okla.-based Syntroleum Corp. has been put on notice by the Nasdaq Stock Market that the company's common stock is in danger of being delisted as its stock price has fallen below $1/share. The gas-to-liquids GTL company's stock, which trades under the symbol SYNM, has closed below the minimum...
Renewable Fuels Plant To Locate In Louisiana.
- 2008-01-21
Staff Baton Rouge, La.- Dynamic Fuels LLC has announced Geismar, La., as the site for a new refinery producing renewable diesel and jet fuel. The $126-million capital investment will employ 45 people with a payroll of approximately $4 million. Dynamic Fuels is a joint-venture...
Syntroleum Reorganizes Top Management, Gets $12 Million for Tyson Plant
- 2007-11-01
Tulsa, Okla.-based Syntroleum Corp. realigned its management team, restructured the organization and secured a portion of the financing for its proposed Dynamic Fuels joint venture with Tyson Foods, the company said. On November 19 Edward Roth replaced outgoing CEO John Holmes. Kenneth Agee, the company's chairman and chief research officer,...
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