Tellurian Biodiesel Acquires Superior Process Technologies
Tellurian biodiesel, independent maker and marketer of sustainable high-quality biodiesel, announced an agreement to acquire Superior Process Technologies (SPT) from Baker Commodities.
Early to identify the emerging opportunity for biodiesel in the U.S., Baker Commodities invested in SPT in December 2003 to develop technology for the conversion of rendered materials into high-quality biodiesel. Tellurian has been collaborating with Baker and SPT on the construction and upgrade of biodiesel plants since 2006.
Engineering expertise and technology acquired in the deal positions Tellurian to move forward with plans for a nationwide network of plants capable of converting America's abundance of recycled feedstocks and other domestic fats and oils into biodiesel that exceeds both ASTM and EN quality specifications.
The new deal also gives Tellurian the technology to turn low-grade raw materials into high-quality fuels at prices that can compete with petrodiesel.
SPT will serve as Tellurian's engineering department, and Tellurian will continue to offer Baker access to research and development that assist its ongoing efforts in the field. All current SPT employees will be kept on to continue development of innovative process technologies needed to convert commonly available and new, unique bio-based feedstocks such as algae oil and trap grease into renewable fuels.
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