BNET Industries
Market Cap:$177.1M
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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syntroleum corp. and u.s. department of defense - All News and Analysis
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 Corp to Provide Fuels to DOD.
- 2007-07-10
M2 PRESSWIRE-10 July 2007-MarketMinute: Syntroleum Corp to Provide Fuels to DODC1994-2007 M2 COMMUNICATIONS LTD RDATE:10072007 InvestorIM has been created as a tool for the average investor. The idea is simple, a website where the world can communicate. Do you have a ...
Syntroleum Signs Contract to Deliver Renewable Alternative Jet Fuel to U.S. Department of Defense
- 2007-07-09
Fuel Will Be Made Using Syntroleum's Biofining[TM] Technology TULSA, Okla. -- Syntroleum Corporation (Nasdaq:SYNM), a leader in synthetic fuels technologies, announced today that it has signed a contract to provide synthetic jet fuel made from renewable feedstock to the U.S. Department of Defense DOD. Syntroleum will provide a first-of-its-kind...
Syntroleum's Ultra-Clean Jet Fuel to be Tested in Landmark B-52 Flight Demo
- 2006-09-15
TULSA, Okla. -- Syntroleum (Nasdaq:SYNM), a leader in Fischer-Tropsch FT technology, announced today that its ultra-clean jet fuel will be tested in a landmark B-52 flight demo on the morning of September 19, 2006 at Edwards Air Force Base, Calif. This event signifies the first time that FT jet fuel...
Syntroleum Announces Retirement of J. Edward Sheridan from Its Board of Directors
- 2005-05-25
TULSA, Okla. -- Syntroleum Corporation (Nasdaq:SYNM) today announced that J. Edward Sheridan will retire from the company's Board of Directors, effective June 1, 2005. Sheridan, 70, recently accepted an expanded consulting position with the U.S. Department of Defense DoD, which prompted his decision to retire from the Board. "Ted...
SYNTROLEUM GETS $2 MILLION DOD AWARD FOR SBF PILOT PLANT.(single battlefield fuel)
- 2003-12-01
Syntroleum Corporation (NASDAQ:SYNM), Tulsa, Okla., has announced that Congress has appropriated $2.0 million for Phase II development of Syntroleum's proposed Flexible JP-8 single battlefield fuel SBF Pilot Plant Program. The amount was approved f Syntroleum Corporation (NASDAQ:SYNM), Tulsa, Okla., has announced that Congress has appropriated...
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