Gushan Environmental Energy Limited · Fuzhou, Fujian China ·(NYSE: GU)

Talk about a multitasker, veggie oil will fry up your food AND gas up your car. Chinese biodiesel maker Gushan Environmental Energy produces 290,000 tons of this renewable fuel per year out of vegetable oil, animal fat, and recycled cooking oil. The company buys these raw materials from local vegetable oil and waste management companies, then once processed, the biodiesel is sold directly to marine vessel operators, petroleum wholesalers, and retail gas stations for use in boats, buses, trucks, generators, and other engines. Sales of biodiesel accounted for 84% of Gushan's revenues in 2007, while the remainder came from selling biodiesel's by-products, such as glycerine, to food and drug companies. To read the full description, subscribe now.