Imperial Petroleum, Inc. (IPMN) Cultivates Major Green Component

By @ibtimes on

Energy diversity is a keyword at Imperial Petroleum, an Indiana based company engaged in three principal areas of energy production: biodiesel and biofuels production, traditional oil and gas exploration and production, and non-traditional oil production of heavy oil from tar sands.

One of the company’s biggest moves was the acquisition of e-biofuels, LLC, a biodiesel producer located in Middletown, Indiana, with a nameplate capacity of 15 million gallons per year, and an expanded production capacity of approximately 30 million gallons per year. While it has been a rough time for many biodiesel plants, careful management from Imperial has grown biodiesel sales, and revenues for 2011 are now expected to exceed $60 million.

Biodiesel is a clean-burning alternative fuel produced from vegetable oils and animal fats, and can be used in existing diesel engines with no major modifications. Biodiesel is not only renewable, it’s non-toxic, biodegradable, carbon neutral, and, although it contains no petroleum, it can be blended in any ratio with petroleum diesel. In 2000, biodiesel became the only alternative fuel to have successfully completed the EPA-required Tier I and Tier II health effects testing under the Clean Air Act. These independent tests conclusively demonstrated biodiesel’s significant reduction of virtually all regulated emissions, and showed that biodiesel poses no threat to human health. Moreover, pure biodiesel does not contain sulfur and therefore reduces sulfur dioxide exhaust from diesel engines to virtually zero.

As a result of the many benefits of biodiesel, its production has gained continued support from governments around the world. In addition, since it is made domestically from renewable resources such as soybeans, its use decreases dependence on foreign oil and contributes to the growth of the U.S. economy.

For additional information, visit the company’s main website at www.ImperialPetroleumInc.com

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