Sundrop Fuels, Inc. is a privately-held advanced biofuels company with corporate headquarters in Longmont, Colorado. The company is preparing to launch construction in Central Louisiana of its inaugural fuels facility, a $500 million combined commercial production and technology demonstration plant representing the first phase in Sundrop Fuels' path to become the nation's premier mass-scale provider of renewable, drop-in biogasoline.
Unlike other biofuels production methods that typically burn considerable amounts of feedstock to generate the heat necessary for conversion, Sundrop Fuels adds hydrogen and heat from clean-burning, American natural gas to create a process that converts virtually all of the biomaterial used into actual liquid fuel. This ultra-efficiency positions Sundrop Fuels to compete directly with petroleum products by delivering to the market an ultra-clean, renewable advanced biofuel for an estimated unsubsidized cost of less than $2 per gallon.
As importantly, Sundrop Fuels' product lifecycle reduces significantly the amount of greenhouse gas released into the atmosphere as compared to today's petroleum-based fuels.
For these and many other reasons, the Sundrop Fuels approach to renewable, immediately-useable transportation fuel production represents the best possible use of the nation's critical energy, economic and environmental resources.
Sundrop Fuels is backed by its strategic partner, Chesapeake Energy Corp., and by two of the world's premier venture groups, Oak Investment Partners and Kleiner Perkins Caufield & Byers. The company's management team is led by recognized, highly accomplished industry veterans from the energy, chemical, manufacturing and technology fields. – less – More from ZoomInfo »