Upstream Acquisition

How adding feedstock access is critical to a service package
By Bryan Sims | April 21, 2011

When a biodiesel technology provider captures a piece of the feedstock supply chain, its customers know it means business. That’s what Groveland, Fla.-based based Raptor Technology Group Inc. did when it acquired the assets and contracts of American Grease LLC, which collects and brokers more than 4 million gallons of waste vegetable oil annually.

According to Todd Jones, vice president of marketing and sales for Raptor, American Grease has the equipment to collect large quantities of waste vegetable oils and maintains contracts with customers in excess of $8 million in ongoing sales annually.

“American Grease was acquired because of the biofuel facilities that we build and it helps ensure that we can provide feedstock for the plants that we put together,” Jones tells Biodiesel Magazine. “It ties into the full package service that we can provide.”

Raptor President Tom Gleason says that the strategic acquisition will enable his company to provide biodiesel plants a consistent supply of feedstock to help sustain maximum production levels. “Feedstock supply is an extremely important piece of the biodiesel production puzzle,” he says.

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