Gushan Environmental Energy

Gushan Environmental Energy

Gushan Environmental Energy Limited (simplified Chinese: 古杉集团; traditional Chinese: 古杉集團; pinyin: Gǔshān Jítuán), is a biodiesel producer in China that was incorporated on May 16, 2006. The Company produces biodiesel and by-products of biodiesel production, including glycerol, plant asphalt, erucic acid and erucic amide. Biodiesel is a renewable, clean-burning and biodegradable fuel produced from a variety of feedstocks, such as vegetable oil, animal fat and recycled cooking oil. Currently there are 5 production facilities located in Beijing, Shanghai, Mianyang in Sichuan province, Handan in Hebei province and Fuzhou in Fujian province, serving the northern, interior and southeastern regions of China respectively. Biodiesel is used to fuel a range of diesel engines, typically after blending with diesel, including diesel engines found in trucks, mass transit vehicles, marine vessels and generators. The by-products of its biodiesel production have commercial applications in the food, pharmaceutical and manufacturing industries. The Company sells its products in China to direct users, including marine vessel operators, petroleum wholesalers and individual retail gas stations. The Company primarily uses vegetable oil offal and used cooking oil to produce biodiesel. It acquires the raw materials supply for each of its production facilities primarily from local suppliers.

The company's biodiesel production process generates biodiesel and the by-products of biodiesel production, such as glycerine, a distillation residue of biodiesel production known as plant asphalt, erucic acid and erucic amide, which has commercial applications. Its products include biodiesel, which is a renewable, clean-burning and biodegradable alternative to diesel that can be used to power a range of diesel vehicles, including trucks, mass transit vehicles and marine vessels; glycerine and refined glycerine, which is a colorless, odorless, nontoxic liquid with uses, including use in foods and beverages, as a preservative, sweetener or softening agent, in pharmaceuticals, as a lubricant, alcohol substitute or expectorant, as a paint dissolving solvent, and in personal care products, in soap, shampoo and lotion; plant asphalt, as fuel for boilers, casting plaster and a stain remover; erucic acid, which is a fatty acid that can be extracted from rapeseed and used in the production of lubricants and polyesters, in skin and health care products, plastic photographic film manufacturing processes and as a transmission fluid additive; erucic amide, which is an anti-felt, anti-static agent for fabrics and a plastics lubricant; stearic acid, which is a fatty acid used in making plastics, soaps, cosmetics and candles.

The Company competes with China Biodiesel International Holdings, East River Energy Resources, Sinopec, Cnooc and PetroChina.