BNET Industries
Market Cap:$151.9M
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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Fyi: Business
News & Analysis
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syntroleum corp. and tyson foods inc. - All News and Analysis
Dynamic Fuels Awards Contract to L-Con Constructors
- 2008-08-21
Houston Company to Oversee Construction of Louisiana Plant GEISMAR, La. -- Dynamic Fuels LLC has selected L-Con Constructors, a Houston-based engineering and construction company, as the lead contractor for the company's first renewable synthetic fuels facility in Geismar, Louisiana, company officials announced today. L-Con will provide engineering, procurement,...
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....
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,...
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 Announces Funding Milestone for Dynamic Fuels, LLC
- 2007-07-16
TULSA, Okla. -- Syntroleum Corporation (NASDAQ:SYNM) announced today that initial funding for its renewable fuels venture, Dynamic Fuels, LLC has been completed. The formation of Dynamic Fuels, LLC was announced last month as a 50/50 venture between Syntroleum Corporation and Tyson Foods, Inc. (NYSE: TSN) to construct and operate multiple...
Tyson fuel partner to deliver jet fuel
- 2007-07-16
Syntroleum Corp. of Tulsa announced last week that it had signed a contract with the U.S. Department of Defense to provide jet fuel made with fats supplied by Tyson Foods Inc. of Springdale. Under the deal, Syntroleum will provide the DOD 500 gallons of the fuel, which the DOD...
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...
Stocks to Watch - ATK, TSN, SYNM, CYTR.
- 2007-06-25
M2 PRESSWIRE-25 June 2007-SmallCapReview: Stocks to Watch - ATK, TSN, SYNM, CYTRC1994-2007 M2 COMMUNICATIONS LTD RDATE:25062007 Tyson Foods, Inc. (NYSE: TSN) Closed at $23.07. Announced today that it is taking another strategic step in its quest to be a leader in ...
Tyson Foods and Syntroleum Launch Renewable Fuels Venture.
- 2007-06-25
M2 PRESSWIRE-25 June 2007-EXPLORATIONINVESTOR.com: Tyson Foods and Syntroleum Launch Renewable Fuels VentureC1994-2007 M2 COMMUNICATIONS LTD RDATE:25062007 Exploration Investor strives to provide you with outstanding market results. We will be your number one resource for all your small and large cap...
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