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Syntroleum Corp

 
Hoover's Profile: Syntroleum Corporation
(NASDAQ (CM):SYNM)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Syntroleum Corporation
4322 S. 49th West Ave.
Tulsa, OK 74107
OK Tel. 918-592-7900
Fax 918-592-7979

Type: Public
On the web: http://www.syntroleum.com
Employees: 22
Employee growth: (8.3%)

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.

Key numbers for fiscal year ending December, 2008:
Sales: $4.9M
One year growth: (70.3%)
Net income: ($4.1)M

Officers:
Chairman: Robert B. (Bob) Rosene Jr.
President, CEO, and Director: Edward G. (Gary) Roth
SVP and Principal Financial Officer: Karen L. Gallagher

Competitors:
Nova Biosource
Rentech
Sasol

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