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Sundrop Fuels

Stage

Dead | Dead

Total Raised

$215M

About Sundrop Fuels

Sundrop Fuels is a gasification-based advanced biofuels company. The companys high-temperature radiant particle reactor turns cellulosic material into ultra-clean, affordable biobased green gasoline or other transportation fuel for direct use in automobiles, diesel engines and aircraft.

Headquarters Location

1722 Boxelder Street Suite 101

Louisville, Colorado, 80027,

United States

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Expert Collections containing Sundrop Fuels

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Sundrop Fuels is included in 1 Expert Collection, including Renewable Energy.

R

Renewable Energy

4,019 items

This collection contains upstream and downstream solar companies, as well as those who manufacture and sell products that are powered by solar technology.

Sundrop Fuels Patents

Sundrop Fuels has filed 26 patents.

The 3 most popular patent topics include:

  • Biofuels
  • Chemical processes
  • Industrial gases
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/8/2016

5/4/2021

Chemical processes, Industrial gases, Synthetic fuel technologies, Biofuels, Energy conversion

Grant

Application Date

9/8/2016

Grant Date

5/4/2021

Title

Related Topics

Chemical processes, Industrial gases, Synthetic fuel technologies, Biofuels, Energy conversion

Status

Grant

Latest Sundrop Fuels News

Hopes for Sundrop Fuels project finally dashed

Nov 12, 2020

Six-year saga ends as company will sell property that was planned site for biofuels facility Check out this story on thetowntalk.com: https://www.thetowntalk.com/story/news/local/2017/06/20/hopes-sundrop-fuels-project-finally-dashed/413229001/ CancelSend Posted! Join the Conversation Comments Welcome to our new and improved comments, which are for subscribers only. This is a test to see whether we can improve the experience for you. You do not need a Facebook profile to participate. You will need to register before adding a comment. Typed comments will be lost if you are not logged in. Please be polite. It's OK to disagree with someone's ideas, but personal attacks, insults, threats, hate speech, advocating violence and other violations can result in a ban. If you see comments in violation of our community guidelines , please report them. Hopes for Sundrop Fuels project finally dashed Jeff Matthews , The Town Talk Published 2:17 p.m. CT June 20, 2017 | Updated 2:33 p.m. CT June 20, 2017 CLOSE Several area locations of national chains have closed in 2016 Sundrop Fuels CEO Wayne Simmons, center, announces with state and area officials in 2011 the company's plan to build a biofuels facility in the Alexandria area. (Photo: Town Talk photo) One of the longest-running sagas in local economic development is finally over with the apparent end of the Sundrop Fuels project. Sundrop has an agreement to sell the property just outside Alexandria where it had planned to build a biofuels facility that would have employed about 150 people. "We hope every one of these will work, but, unfortunately, sometimes they don't," said Jim Clinton, president and CEO of Central Louisiana Economic Development Alliance. "The company tried extremely hard to make this work. Sundrop management did everything within their power. They just have reached a point where they don't see a path forward." Clinton did not have any details about the prospective buyer of the 1,200-plus acres in the Rapides Station area off Interstate 49 and Cowboy Town, the former entertainment venue that Sundrop also owns. Colorado-based Sundrop announced in November 2011 that it had selected the Alexandria area for the home of its first commercial facility producing "green gasoline" from natural gas and wood waste. The facility was expected to cost $450 million and employ about 150 people. The startup company did reach some development milestones — including doing some site work and hiring a contractor and some plant management personnel. But as more time passed with no significant progress on a plant that was slated to be in production by 2015, hopes that the project would come to fruition dwindled. Oil prices cratered starting in 2014, making Sundrop's alternatively produced fuel far less competitive. That, and threatened federal support for alternative fuels, were among the factors that stalled, and ultimately doomed, funding for the project. "By the time they got to the point where they could build the plant, the economics had changed and the politics had changed," Clinton said. Sundrop officials could not be reached for comment.

Sundrop Fuels Frequently Asked Questions (FAQ)

  • Where is Sundrop Fuels's headquarters?

    Sundrop Fuels's headquarters is located at 1722 Boxelder Street, Louisville.

  • What is Sundrop Fuels's latest funding round?

    Sundrop Fuels's latest funding round is Dead.

  • How much did Sundrop Fuels raise?

    Sundrop Fuels raised a total of $215M.

  • Who are the investors of Sundrop Fuels?

    Investors of Sundrop Fuels include Oak Investment Partners, Chesapeake NG Ventures, AMP Capital Investors and Kleiner Perkins Caufield & Byers.

  • Who are Sundrop Fuels's competitors?

    Competitors of Sundrop Fuels include Fulcrum BioEnergy, Orbital Marine Power, Propel Fuels, Keahole Solar Power, Resolute Marine Energy and 13 more.

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