Renew Fuel

We'd use waste tires & convert them to grade 2 fuel or industrial grade diesel. We would have no raw material cost and have a perfect substitute to a commodity.

  • Stage Full Product Ready
  • Industry Industrial/Energy
  • Location New York, NY, US
  • Currency USD
  • Founded 2014
  • Employees 1

Company Summary

We would use a machine to convert waste tires to a grade 2 fuel substitute or industrial diesel. These could be used for heating purposes or electricity generation, substituting furnace oil. Waste tires can be acquired by charging a fee for pick ups, and the licenses and regulations involved are minimal. We would require a small warehouse to run the plant which we would seek to rent to minimize investment. We project to break even in 3 months.

Team

  • Founder

    Previously worked with the Upstate Carolina Angel Network on a business idea seeking to manufacture sustainable carpets.
    Founded and ran a textile trading company - Carolina Olefin Inc.
    Worked as the Territory Manager for the truck tire division in the state of NY for Michelin North America.
    Graduated from the University of South Carolina with a double major in Business Management and Global Supply Chain & Operations Management.

Starting a startup?

Join the world's largest startup network for guidance, tools, and fundraising opportunities.

Get Started for Free