Syntroleum Corporation · Tulsa, OK United States · (NASDAQ (CM): SYNM)
Company Description
More Companies in: Tulsa, Oklahoma
More Companies in These Related Industries: Oil & Gas Extraction
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This link will open in a new window Syntroleum is looking for business synergies with energy companies. The company licenses its patented gas-to-liquids (GTL) process (also known as the Fischer-Tropsch process), which converts natural gas into synthetic crude oil by using air instead of pure oxygen. The liquids produced can be refined into fuels such as diesel and kerosene, as well as specialty products such as synthetic lubricants, waxes, and chemical feedstocks. In 2007 Syntroleum formed a joint venture called Dynamic Fuels with chicken giant Tyson Foods . The JV will use Syntroleum's biorefining technologies to process Tyson's animal fat, natural greases, and vegetable oils into a synthetic fuel used for jet, diesel, and military fuels. To read the full description, subscribe now.
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Key Syntroleum Corporation Financials
| Company Type | Public - NASDAQ (CM): SYNM Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $4.9 |
| 2008 Employees | 22 |
Syntroleum Corporation Executives
9 executives listed for Syntroleum Corporation's Tulsa, OK location.
| Title | Name & Bio | Contact |
| Chairman | Robert Rosene | |
| President, CEO, and Director | Edward Roth | |
| SVP and Principal Financial Officer | Karen Gallagher |
Competition
Competitive Landscape for Syntroleum Corporation
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 Syntroleum Corporation Competitors
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