Changing World Technologies (CWT), a privately held company, was founded in August 1997 by Brian S. Appel, the current Chief Executive Officer of CWT and its subsidiaries. CWT was started primarily to develop and commercialize the thermal depolymerization technology, now referred to by the company as "Thermal Conversion Process" or TCP. The process produces Renewable Diesel Fuel Oil (RDO) from agricultural wastes including Fats Oils and Greases (FOG) Dissolved Air Flotations (DAF), waste greases, offal, animal carcasses and other organic-rich wastes.
In developing the technology, CWT has created an impressive portfolio of Intellectual Property (IP) and Trade Secrets to cover the technology and its various applications. The Company has extensive patents in the U.S. and around the globe, covering the use of their technology for applications ranging from agricultural waste (offal) to mixed plastics. In addition to the commercial scale plant in Missouri, CWT has a pilot facility in Philadelphia, where Research, Development and Deployment or RD&D work is performed to refine the Company’s production processes and to develop capabilities to produce RDO from other various waste materials.
In 1998, CWT started a subsidiary, Thermo-Depolymerization Process, LLC (TDP), which developed a demonstration and test plant for the thermal depolymerization technology. The plant opened in 1999 in Philadelphia, Pennsylvania.
In 2008, CWT, based in West Hempstead, New York, received the Most Innovative Patent Award in the Environment & Energy category from the Long Island Technology Hall of Fame. Appel accepted the award at the 2008 awards ceremony on March 6.
On March 4, 2009 after a failed IPO attempt in February, 2009, Changing World Technologies and its three subsidiaries filed for chapter 11 bankruptcy in the U.S. Bankruptcy Court for the Southern District of New York. The company effectively shut down its Carthage, Missouri, plant, after it bought ConAgra's share of the facility. The company has since reorganized and has emerged from Chapter 11 in May 2010. CWT maintained the key members of the management team who developed the intellectual property, designed and built the physical plants of CWT.
In 2011, The EPA has designated CWT’s Renewable Diesel Fuel Oil (RDO), currently produced in the Missouri facility, as both a biomass based diesel and Advanced Biofuel under the EPA’s Renewable Fuel Standards Program (RFS). This esteemed designation qualifies CWT’s RDO for assigned Renewable Identification Numbers (RINs).
Read more about Changing World Technologies: Renewable Environmental Solutions, LLC
Famous quotes containing the words changing and/or world:
“Theories of child development and guidelines for parents are not cast in stone. They are constantly changing and adapting to new information and new pressures. There is no “right” way, just as there are no magic incantations that will always painlessly resolve a child’s problems.”
—Lawrence Kutner (20th century)
“It’s a great huge game of chess that’s being played—all over the world—if this is the world at all, you know. Oh, what fun it is! How I wish I was one of them! I wouldn’t mind being a Pawn, if only I might join—though of course I should like to be a Queen, best.”
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)