Poultry fat for feedstock
GS CleanTech Corporation is working with an Arkansas-based poultry processing facility to extract more than one million pounds per year of poultry fat annually from the facility’s waste streams for conversion into a biodiesel feedstock using animal fat recycling and conversion technologies.
Under the terms of the agreement, GS CleanTech expects to generate an estimated $1.2 million to $1.8 million in annualised revenues by purchasing and selling the Arkansas facility’s converted poultry fat as a biodiesel feedstock.
GS CleanTech’s pricing model for its animal fat recycling and conversion technologies is based on GS CleanTech’s provision of turn-key systems for no up-front cost in return for long-term agreements to purchase the converted animal fat based on a fixed discount to prevailing fuel prices.
