Former House majority leader brings farm, labor and energy expertise to biodiesel refiner/distributor
CHICAGO, Nov. 7 /PRNewswire/ -- Benefuel, Inc., a new-generation biodiesel refining and distribution company, today announced the addition to its advisory board of Richard (Dick) A. Gephardt, former U.S. House majority leader and congressman from Missouri.
"Benefuel's environmentally smart energy solution connects America's fleets and farmers with a truly local approach to fuel production," said Gephardt. "I'm excited about its technology because it supports local farmers and workers while solving one of the most pressing issues we face as a nation -- reducing the environmental footprint of our energy use. As oil prices continue to rise, companies like Benefuel will become ever more important."
Gephardt is currently President and CEO of Gephardt Group, LLC, a consulting firm that provides labor relations assistance, government affairs support, and business development services to companies around the world. He is also a consultant for Goldman Sachs and FTI Consulting and is a sought after labor mediator. Formerly, Gephardt served in the U.S. House of Representatives from 1977 to 2005, assuming the role of Majority Leader from 1989 to 1995, and House Minority Leader from 1995 to 2003. He also ran twice for U.S. President as a Democratic nominee. Gephardt serves on the boards of a number of other clean technology and alternative energy companies.
"As a native son of the Midwest, Dick Gephardt understands the value Benefuel brings to oil seed growers, renderers and waste oil collectors," said Rob Tripp, Benefuel CEO. "Our technology caters to local feedstock producers by allowing them to locate modular refineries onsite at their operations; we'll also create new economic benefits for rural communities. We're excited to have Mr. Gephardt on our team."
Benefuel recently announced that it will build the world's first industrial-scale biodiesel refinery that uses a novel, solid catalyst that converts low-grade fats and vegetable oils into biodiesel. The plant, planned for Seymour, Ind., will eliminate the need for water in the refining process and produce a market-ready glycerin by-product.
About Benefuel, Inc.
Benefuel, Inc. is a new-generation biodiesel refining and distribution company whose streamlined production process allows for distributed and scalable biodiesel plants that leverage local resources, enable cost advantages for producers and distributors, and facilitate expansion of the biofuels market. Benefuel’s proprietary catalytic technology--developed by a world-leading chemical engineering laboratory--eliminates the need for washing biodiesel in the refining process and expands the range of viable feedstock options to include high FFA animal fats, crude vegetable oils and waste oils, thus reducing the environmental footprint of biodiesel production and ensuring consistent access to feedstock across developing markets. Benefuel's refining process yields a market-ready, 98% or higher, pure glycerin – eliminating the crude glycerin waste stream typically found in biodiesel production today and generating significant additional revenue.
Media Contact: Lonnie Shekhtman, Antenna Group (for Benefuel), 415-977-1917, email@example.com