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Earth Biofuels is one of the first companies to implement the strategy to vertically integrate the biofuels industries through the construction and operation of production facilities, the coordination and management of blending and transportation services, the marketing and implementation of a multi-state distribution program, and the building of a branded retail presence on a potentially nationwide scale. In addition, Earth Biofuels continues to facilitate the passage of legislative policies that integrate biofuels into our national fuel supply and that provide a sustainable business environment for the American biofuels industry.
Earth Biofuels was founded in Jackson, Mississippi, in 2004. The company began with a small pilot facility, which initially converted restaurant waste grease into biodiesel, in order to perfect the refining methods and processes. The product was sold to local farmers at first and then through an independent filling station that the company acquired.
In February of 2005, the company caught the attention of Apollo Resources International, a Dallas, Texas-based public energy company founded by Dennis McLaughlin, a seasoned veteran of the natural gas industry. McLaughlin immediately realized the market potential for biofuels in the same way he foresaw new opportunities for the deregulated natural gas industry in the late ‘80s. Apollo acquired a majority ownership stake in the company.
Earth Biofuels attracted support from two high-profile individuals: Oscar-winning actor Morgan Freeman and country music legend Willie Nelson. Because of their shared passion for promoting the use of clean-burning domestically produced fuels, both men joined the company as spokesmen for the company. Morgan Freeman also serves on the Board of Directors. Earth Biofuels acquired the exclusive license to sell and distribute Willie Nelson’s BioWillie biodiesel. BioWillie is the first branded biodiesel fuel in the United States and gained national attention and support throughout the country from truckers and even mainstream consumers largely due to Willie's tremendous fan base. The company went public in October 2005 on the Over The Counter Bulletin Board exchange under the ticker symbol EBOF, thereby becoming one of the first publicly traded biodiesel companies in the United States.
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