Joule Unlimited
Joule Unlimited, Inc., established in 2007, specializes in developing technology to produce low-carbon transportation fuels. The company's core process involves using solar energy to convert waste CO2 into renewable fuels, such as ethanol and hydrocarbons suitable for diesel, jet fuel, and gasoline. Joule Unlimited serves a global customer base, with operations in the United States, Europe, Australia, Mexico, and China. Notably, it has a strategic partnership with Audi. The company's products include Sunflow-E, a solar ethanol, and Sunflow-D, a solar diesel. Joule Unlimited is headquartered in Cambridge, Massachusetts, with additional offices in Los Angeles, California, and The Hague, the Netherlands, and production facilities in Hobbs, New Mexico.
Red Rock Biofuels
Acquisition in 2015
Red Rock Biofuels develops processing plants that convert woody biomass into renewable diesel and jet fuels, aiming to address climate change and improve forest health. Each facility is designed to process 175,000 dry tons of woody biomass annually, producing approximately 16 million gallons of finished fuels. The company's proprietary technology involves gasifying woody biomass to generate synthesis gas, which is then cleaned and transformed into liquid hydrocarbons through a Fischer-Tropsch unit. This process is followed by hydroprocessing to refine the hydrocarbons into jet, diesel, and naphtha fuels. By utilizing waste wood biomass, Red Rock Biofuels enables airlines and transportation companies to lower their carbon footprints while promoting sustainable forestry practices. Founded by Jeff Manternach and Terry Kulesa, the company is based in Colorado, United States.
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