2012 TiE50 Company Profile

  
Company: Fulcrum BioEnergy Inc.
Year Founded: 2007
Employee Count: 23
Location: 4900 Hopyard Road, Suite 220, Pleasanton, CA, USA - 94588
Website: http://www.fulcrum-bioenergy.com
 

Overview:

Fulcrum BioEnergy, Inc. (Fulcrum) has developed a process to convert garbage to ethanol. Our innovative business model combines our proprietary process and zero-cost municipal solid waste (MSW) feedstock to provide us with a significant competitive advantage over companies using alternative feedstocks such as corn, sugarcane and other sources of biomass in the production of renewable fuel, which are subject to commodity and other pricing risks. 

We have entered into a long-term agreement with Waste Connections, Inc. to procure MSW at zero cost throughout the US in quantities sufficient to produce more than 700 million gallons of ethanol per year. We expect our first commercial-scale facility, the Sierra BioFuels Plant (Sierra) that is being designed to produce approximately 10 million gallons of ethanol per year, to begin production by the end of 2013.

Fulcrumfs production facilities will provide numerous social and environmental benefits. By providing a reliable source of domestic renewable transportation fuels, our facilities will help the US reduce its dependence on foreign oil. In addition, we expect our process will reduce GHG emissions by more than 75% compared to traditional gasoline production. Our process does not compete with recycling programs available today. We use MSW feedstock after it has been processed for conventional recyclables, such as cans, bottles, plastic containers, paper and cardboard, that would otherwise be landfilled. By diverting MSW from landfills, our facilities will help mitigate the need for new landfills and extend the life of existing landfills. Lastly, our MSW feedstock does not have the land-use issues or adverse impact on food prices generally associated with other feedstocks used to produce ethanol, such as corn and sugarcane. 

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