Earth Biofuels Changes Name to Evolution Energy
Dallas-based Earth Biofuels Inc., known for its biodiesel and ethanol operations, is changing its name to Evolution Energy Inc.
The name change is part of the firm’s strategy to develop, produce and distribute other forms of clean and renewable energy, according to a press release.
Moving away from a strictly biofuel focus is smart, said Rajat Deb, president of LCG Consulting, Los Altos, Calif.
“People who are changing their names for the sake of changing their names are only painting their house,” Deb said. “Those who are making big changes in their business will survive the coming changes. Go into wind. Go into solar.”
The renewable energy industry can play a major role in leading the country out of its current economic conditions by virtue of job creation, technological innovation and moving the country towards energy independence, Dennis McLaughlin III, chairman and chief executive officer of Earth Biofuels, said in the release. “It is our view that many of the economic problems faced by this country are the direct result of not producing adequate forms of energy from available domestic sources. We plan to play a part of solving this problem.”
As part of its evolution, Evolution Energy plans to:
- Complete a commercial-scale cellulosic ethanol production facility in Washington.
- Secure cellulosic and biodiesel projects in the Delta region of Mississippi and Louisiana
- Develop transportation fuel markets for higher blends of ethanol
- Modify its biodiesel plant in Durant, Okla., to allow the processing of animal fats and reclaimed cooking grease.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Passive-House High-Rise to be Airtight
- Greensmith Offers ‘Second Opinion’ on Energy Storage Systems
- Commercial Tankless Water Heater Handles the Demands of Business
- Booz Allen, Siemens, Power Analytics Score 16 Microgrid Projects
- NH City to Save $500,000 Annually with LED Streetlights
- Australian College Uses Energy Storage
- LED Boosts Light Output 50%, Uses Existing Drivers
- Energesco Wins Energy Efficiency Contracts for Multifamily Buildings in Maryland