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July 29, 2015 12:10 AM ET

Oil, Gas and Consumable Fuels

Company Overview of M Energy Co. Ltd.

Company Overview

M Energy Co. Ltd. produces and sells biodiesel and glycerin. The company offers biodiesel, which is used as a solvent or to replace existing toxic solvents; and glycerin, a byproduct of biodiesel for application in food, pharmaceuticals, polypropylene glycol, epichlorohydrin, and chemical grade products. It also exports chemical solvents. The company was formerly known as Gaya Energy Co., Ltd. M Energy Co. Ltd. was founded in 2000 and is based in Seoul, South Korea.

6th Floor, Uni-tower

358-6, Hapjeong-dong

Mapo-gu

Seoul,  121-883

South Korea

Founded in 2000

Phone:

82 2 436 5161

Fax:

82 2 436 0374

Key Executives for M Energy Co. Ltd.

Chief Executive Officer
Compensation as of Fiscal Year 2015.

M Energy Co. Ltd. Key Developments

Lignol Energy Corporation Announces Plans to Partner with M Energy Co., Ltd. to Restart 140 Million Liter Biodiesel Plant in Darwin Australia

Lignol Energy Corporation announced the signing of a formal Memorandum of Understanding between M Energy Co. Ltd. and LEC establishing the framework by which the two companies will work together to restart LEC's 140 million litre per year biodiesel plant and incorporate M Energy's proprietary pre-treatment technology. The Parties have been in discussions regarding an investment structure which, if successful, would provide sufficient capital for the Darwin project and an opportunity for M Energy to become an equity partner in the project. The two companies have collaborated over the past several months to develop a technology and commercial feasibility study on the integration of M Energy's patented pre-treatment solution with the company's Lurgi designed, biodiesel plant located in Darwin Australia. This has involved physical inspections of both the Darwin plant and of M Energy's operating pre-treatment plant in Korea. Samples of feed stocks for the Darwin plant have also been tested and verified to work with the M Energy pre-treatment technology. The scope of the collaboration also covers marketing rights to M Energy's technology in Australia as well as commercial synergies in feedstock procurement, off takes and sales of biodiesel to export markets.

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