Partnerships & Alliances
Interested in partnering with us? Please click here.
Envara was formed in May 2007 out of Applied Research Associates, Inc. (ARA) to commercialize the production of biofuel for jet aircraft (bio JP-8). Since that time, active development on the fundamental reactions has resulted in a successful process for converting soybean and peanut oil into JP-8. Envara completed Phase I development in 2008 and produced JP-8 (jet fuel) and diesel (Naval Distillate) for Department of Defense D evaluation. Their fuel met all specifications. The bio JP-8 that passed all tests is higher quality than petroleum JP-8 and does not require blending with petroleum JP-8. The first phase also produced high yields of Naval Distillate used on naval ships – the second highest consumed fuel in the military behind JP-8.
FC Stone is a recognized innovator in commodity risk intelligence providing companies around the world with sound management strategies that are designed to minimize risk and maximize profits. FC Stone's roots date back nearly 80 years with the establishment of the Saul Stone Corporation and Farmer Commodities Corporation. With 16 domestic offices and 400 employees, the company has $633 million in assets and is owned by approximately 550 co-op members. That ownership represents 5,500 elevator locations. Its membership originates approximately 80% of the U.S. corn and bean crops. On the futures front, we hold the largest open interest in the grain complex on a daily basis on the CBOT. We are the largest clearing member on the NYBOT and one of the largest clearing firms on the NYMEX.
Emerald will manufacture biodiesel to U.S. and European fuel standards and sell into these two markets. Emerald has contracted with Bayer CropSciences LP, a wholly owned subsidiary of Bayer AG ("Bayer"), a world-class chemical manufacturer, to utilize its infrastructure and plant operating management and personnel to build a low cost, contracted cash flow, biodiesel and glycerin manufacturing facility.