| Trading Companies & Distributors Industry | Industrials Sector | Sylvester Lee Crawford CEO | OTC PINK Exchange | 3621MX103 CUSIP |
| US Country | 1 Employees | - Last Dividend | 23 Sep 2011 Last Split | - IPO Date |
GPL Holdings, Inc. operates within the industrial and energy sectors by focusing on the procurement and distribution of industrial grade glycerin. The company leverages this by-product of biodiesel production by selling it to boiler plants across the United States and internationally, promoting it as a viable alternative bunker fuel. Positioned strategically in San Leandro, California, GPL Holdings, Inc. has established itself as a key player by catering to the power, energy, and manufacturing industries, and engaging in environmental initiatives. A crucial aspect of its operations includes a strategic partnership with the University of North Dakota (UND), aimed at enhancing the efficiency and environmental footprint of the UND coal-burning plant through the addition of industrial grade glycerin to its fuel mix.
A by-product of biodiesel production, crude glycerin is marketed by GPL Holdings, Inc. primarily to industrial clients. It is utilized in various applications, including as a component in boiler fuel blends. The company emphasizes the cost-effectiveness and environmental benefits of this alternative fuel option, targeting boiler plants looking to reduce emissions and lower operational costs.
In addition to its crude form, GPL Holdings, Inc. offers refined glycerin, which is processed to meet higher purity standards. This form of glycerin finds its applications in a wider array of sectors, including in the de-icing process and in the manufacturing of animal feed. Because of its purity, refined glycerin is suitable for industries that require stringent quality control measures for their operations or products.
Aside from its glycerin products, GPL Holdings, Inc. extends its expertise through consulting and strategic planning services related to the use of industrial grade glycerin as a fuel additive or primary fuel source. This includes collaborations with organizations such as the University of North Dakota to optimize fuel blends for coal-burning plants, aiming to reduce emissions and improve operational efficiency. The company’s role in these strategic partnerships emphasizes its commitment not only to environmental sustainability but also to innovating within the energy sector.