BNET Industries
Market Cap:$154.1M
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
Recent Events
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News & Analysis
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syntroleum corp. and transportation - All News and Analysis
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,...
Tyson enters renewable fuel arena
- 2007-08-01
Tyson Foods, Inc. (Springdale, Arkansas, USA) and Syntroleum Corporation (Tulsa, Oklahoma, USA), a synthetic fuels technology company, announced at the end of June the formation of Dynamic Fuels LLC, which will produce synthetic fuels targeting the renewable diesel, jet, and military fuel markets.The 50:50 venture intends to construct and operate...
Syntroleum, Tyson Foods Team Up for Eventual BTL Venture
- 2007-06-27
Tulsa-based Syntroleum Corp. teamed with Tyson Foods to form a 50/50 joint venture called Dynamic Fuels LLC, which aims to produce synthetic fuels at multiple standalone commercial facilities. Syntroleum is to supply the technology for the plant, while Tyson is to supply the animal fats, greases and vegetable oil...
SYNTROLEUM CORP. (NASDAQ: SYNM)
- 2005-08-01
A 33-year veteran of the petroleum industry, JOHN B. "JACK" HOLMES JR. joined Syntroleum Corp. in 2002. He began his career with Humble oil & Refining Co. now ExxonMobil in 1969, serving for 10 years in various engineering, operations and management positions. From 1980 to 1981, he was employed by...
Tulsa World, Okla., business briefs column.
- 2004-10-27
Tulsa World, Okla. Knight Ridder/Tribune Business News Oct. 27--SYNTROLEUM LOSS WIDENS: Tulsa-based Syntroleum Corp. reported Tuesday a third-quarter loss of $12.3 million, or 27 cents a share. That compares with a loss of $7.4 million, or 22 cents a share, ...
SYNTROLEUM BREAKS GROUND ON 70-B/D GTL DEMO PLANT
- 2002-09-01
Tulsa-based Syntroleum Corp. broke ground recently on its 70-b/d GTL demo plant at the Port of Catoosa, Okla. The $36-million complex will produce ultra-clean synthetic diesel upon completion, which is expected in mid-2003. The project is being carried out under the Ultra-Clean Fuels Program, which is managed by...
Tulsa World, Okla., Business Briefs Column.
- 2001-02-23
Tulsa World, Okla. Knight Ridder/Tribune Business News Feb. 23--DENVER COMPANY AGREES TO ACQUIRE OSHMAN'S: Gart Sports Co. announced Thursday it agreed to acquire Oshman's Sporting Goods Inc. After the 58 Oshman's stores are purchased, the combined companies would operate 178 stores...
Ivanhoe Energy signs master license agreement with Syntroleum.
- 2000-10-11
DOHA, QATAR, Oct 11, 2000 At the Middle East Gas Conference, Ivanhoe Energy Inc. (NASDAQ: IVAN, TSE: IE) and Syntroleum Corporation (NASDAQ: SYNM) announced today that Ivanhoe has upgraded its existing Syntroleum ProcessR volume license to a full master license status. The expanded agreement...
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