Waste-to-fuel firm Changing World files for IPO
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Changing World, which is based in West Hempstead, N.Y., operates a plant in Carthage, Mo. The plant turns animal wastes and grease into renewable diesel, a fuel that qualifies for a federal $1-per-gallon subsidy.
The plant is capable of taking in 78,000 tons of animal and food processing waste per year and turning out between 4 million to 9 million gallons of diesel, depending on the feedstock.
With the proceeds from the IPO, it hopes to build facilities that can process 500 tons to 2,000 tons of animal and food processing waste per day to make 13 million to 54 million gallons of diesel per year.
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This company gets its supply from a turkey processing facility in Carthage, Missouri. It is hard to imagine 4 million pounds of turkey guts being delivered every single day.
08-17-2008, 10:27 PM
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