Verde Clean Fuels Company Research Report
Company Overview
Name
Verde Clean Fuels
Mission
To provide a renewable alternative to fossil fuels, specifically in the form of low-carbon renewable gasoline, which can significantly reduce carbon footprints without requiring changes to existing vehicles or fueling infrastructure.
Founded
2007 (originally as Primus Green Energy)
Founder(s)
No explicit information available.
Key People
- Ernest Miller - Chief Executive Officer
- John Doyle - Chief Technology Officer
- Rohn Crabtree - EVP Business Development
- Laura Morris - Senior Project Manager
- Ron Hulme - Chairman of the Board
- Martijn Dekker - Board Member
- Curtis Hébert, Jr. - Board Member
- Duncan Palmer - Board Member
- Jonathan Siegler - Board Member
- Dail St. Claire - Board Member
- Graham van’t Hoff - Board Member
Headquarter Location
711 Louisiana Street, Suite 2160, Houston, TX 77002
Number of Employees
No information is available.
Revenue
No information is available.
Reputation
Verde Clean Fuels is known for developing a low-carbon renewable gasoline that is compatible with standard internal combustion engines. This innovative solution significantly reduces greenhouse gas emissions.
Products
Overview
Verde Clean Fuels offers renewable gasoline and methanol, produced through their proprietary syngas-to-gasoline plus (STG+®) technology.
Products Offered
1. Renewable Gasoline
- Description: A low-carbon liquid fuel alternative compatible with existing internal combustion engines.
- Key Features:
- Produced from waste feedstocks like biomass, municipal solid waste (MSW), and renewable natural gas (RNG).
- Ready-to-use without modifications to current automobiles or fuel infrastructure.
- Significantly reduces greenhouse gas emissions.
2. Methanol
- Description: A form of alcohol fuel produced using the same proprietary STG+® technology.
- Key Features:
- End product from Verde Clean Fuels' technology without needing further refining.
- Can be utilized in various industrial applications and as an alternative fuel.
Key Technology
- STG+® Technology
- Converts waste feedstocks into gasoline or methanol.
- Modular, scalable, and efficiently compatible with renewable feedstocks.
- Produces Renewable Identification Numbers (RINs) from RFS-qualified feedstocks.
Recent Developments
Key Developments
1. Corporate Developments
- February 15, 2023: Verde Clean Fuels went public, trading on NASDAQ under the symbol VGAS.
2. New Partnerships
- February 13, 2024: Announced a Joint Development Agreement with Cottonmouth Ventures.
New Products
No information is available on recently launched new products.
New Features
No information is available on new features added to existing products.
Contact Information
Office Address
711 Louisiana Street, Suite 2160, Houston, TX 77002
Phone
+1-908-281-6000
[Contact via Email](mailto:)
For more details on investor relations, governance documents, and board members, visit the company website or the specific investor relations page.
