Methes Energies International Ltd. (MEIL) Poised For Global Growth
Seeking Alpha Analyst Since 2010
Renewable energy company Methes Energies International Ltd. offers a variety of products and services to biodiesel fuel producers, and the company additionally provides cutting-edge biodiesel processors that are unique, compact, offer continuous flow and are able to operate on a broad range of feedstocks.
Methes markets and sells biodiesel fuel to customers in the United States and Canada and also provides a variety of biodiesel fuel solutions to clients. The company's biodiesel fuel is produced at its showcase production facility in Mississauga, Ontario, Canada, as well as at its 13 MGY facility located in Sombra, Ontario.
Among other services provided by the company, Methes sells commodities to its network of biodiesel producers, also selling their biodiesel production and providing clients with proprietary software to operate and control their processors. The company additionally remotely monitors the quality and characteristics of its clients' production and upgrades and repairs their processors, also advising clients on adjusting their processes to use varying feedstock to improve biodiesel quality.
Founded in 2004 by technical and financial experts, Methes Energies Canada, Inc. was created to capitalize on a growing renewable energy demand, rising energy costs, and the value of biodiesel as a feasible and practical long-term replacement for conventional diesel fuel. From 2007 to the present, the company has been a wholly owned subsidiary of U.S.-based Methes Energies International Ltd.
In addition to making biodiesel, the company commits its efforts to extensive R&D and also covers all aspects of the engineering, manufacturing, production, logistic, marketing, and distribution processes relating to biodiesel.
In 2007, Methes introduced the Denami 600, the industry's very first compact, fully automated continuous flow biodiesel processor, which can run on various feedstocks. Also in 2011, the company commissioned a continuous-flow, nonchemical pretreatment processor that converts the free fatty acids (FFA) found in most biodiesel feedstock to less than 1 percent.
Currently in the process of developing pioneering biodiesel processors, pretreatment systems and other solutions to address biodiesel production challenges, Methes is positioned for a global expansion, focusing on areas of the world where the need for biodiesel is growing, such as Europe, South America, Africa, and Asia.
For more information about the company, visit methes.com
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