Changing World Technologies, Inc. · Hempstead, NY United States
Company Description
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Changing World Technologies (CWT) believes that all you need to change the world and take on the big oil companies is guts (preferably turkey), and the innovative technology to turn those guts into oil. The company has patented a method of breaking down carbon-based matter into petroleum products, primarily biodiesel and fertilizers. Any carbon-based matter (tires, old computers, medical waste) will work, but CWT (which operates primarily through its Renewable Environmental Solutions' unit) has an agreement with a nearby Butterball plant in Carthage, Missouri, to process its unused turkey parts. CWT withdrew its IPO registration in early 2009 and then filed for Chapter 11 bankruptcy protection soon after that. To read the full description, subscribe now.
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Key Changing World Technologies, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | December |
| 2007 Sales (mil.) | $0.6 |
| 2007 Employees | 70 |
Changing World Technologies, Inc. Executives
13 executives listed for Changing World Technologies, Inc.'s Hempstead, NY location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Brian Appel | Network |
| COO | James Freiss | Network |
| EVP | Dan Decker | Network |
Competition
Competitive Landscape for Changing World Technologies, Inc.
Demand is driven by the health of the US economy because chemicals are used to make a wide variety of industrial and consumer products. The profitability of individual companies is closely tied to efficient operations. Big companies have large economies of scale in production. Small companies can compete effectively by producing specialty products, of which there are a large number, or by operating a single plant highly efficiently. The industry is capital-intensive: average annual revenue per employee is more than $500,000. To read the full description, subscribe now.Top Changing World Technologies, Inc. Competitors
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