PROBLEM: Biodiesel competes with diesel, but processing costs are more than the price of diesel. SOLUTION: CIBDO can process for less.
Stage
Full Product Ready
Industry
Industrial/Energy
Location
Decatur, IL, USA
Currency
USD
Founded
June 2012
Employees
0
Company Summary
As a biodiesel refinery start up, CIBDO has a unique solution that allows it to work outside the current high production cost/low to no-margin structure inherent in the biodiesel industry. CIBDO has proprietary technology that allows it to process very low cost raw materials that other producers don't have the technology to make into biodiesel.