About Our Company
is a growing national network of small (2,000 barrel per day) processing plants dedicated to converting used motor oil (UMO) into very-high-value products such as Marine Gas Oil (MGO) and Jet Fuel. The first of these plants (in Baytown, Texas) has been in operation for three years, and has been continually profitable. It is considered a Beta site, very small in capacity but of adequate size to perfect commercialization of processes, including a patent-pending process that was successfully commercialized, which results in a 70% reduction of GHG per barrel from standard industry equipment and an even greater percentage reduction in generation of hydrogen sulfide. A second plant, in Jennings, Louisiana, has received financing approval (USDA guaranteed loan) which is anticipated to close in the summer of 2025. A third plant, in Gallup, New Mexico, has received initial approval for public financing as well as a significant grant. Other locations have also been identified and are in various stages of arranging financing and funding.
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The network plants are and will be highly profitable, generating net income after debt service in excess of $12 million USD on 2,000 barrels per day production.
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In addition to the commercial value, the plants serve a significant public purpose. Currently over 70% of used motor oil is dumped rather than recycled, annually contaminating enough water to fill Lake Huron. This creates a significant public health problem, for the subsequent treatment of the contaminated water to make it potable creates some of the most powerful carcinogens and toxins yet identified. The greater the concentration of these chemicals in the tap water, the worse the mortality rates for liver and kidney diseases and cancers. In short, the "cure" for used motor oil contaminated water is worse than the "disease". Our financial plans anticipate paying a price for UMO designed not to maximize our profit but to maximize UMO recycling. The payment in cash to a "recycler" of just $6.40 per barrel by the State of California has increased UMO recycling from 25% to 70% - and our financials assume that we will pay over $30 per barrel at current crude market prices.
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Please contact us for more information.
Leadership Team
Keshav Kolur, Chairman​​​​​​
​Mr. Kolur graduated from Georgia Tech with a Bachelors in Mechanical Engineering. He began his career working at top technology companies including Amazon and Meta. In addition to his role as Chairman, he manages private investment funds and underwrites complex ground up real estate developments. ​
Robert Theroux, CEO​​​​​​
Mr. Theroux is a seasoned, successful C-level chemical manufacturing executive with industry-leading large co-manufacturers serving P&G, L'Oreal, Unilever, Johnson & Johnson and other industry leaders. Mr. Theroux is a degreed chemist (B.S. and M.S in Chemistry), and earned an M.B.A. at Notre Dame.
Paul Khanton, Board of Directors​​​​​​
Mr. Khanton has over 40 years of successful strategic, financial and technical consulting experience for clients including Honeywell, Nestle and other large and small entities. Prior to founding his group of consulting companies at the request of Ernst & Young, Mr. Khanton was an executive with multi-billion P&L responsibility with Philip Morris and Warner-Lambert / Parke-Davis. Mr. Khanton has an MBA (summa cum laude) from Pepperdine University with a focus in Finance and Strategic Planning.
Phillip Rogers, Board of Directors​​​​​​
Mr. Rogers, a licensed and practicing attorney, has over 20 years of successful consulting experience, securing billions of dollars of investment and operating subsidies for clients such as Honeywell. Mr. Rogers has been the lead partner in his business in numerous initiatives for companies participating in a diverse array of industries from manufacturing (Honeywell) and professional sports (National Football League) to energy (Encana), banking (The World Bank), entertainment (Ascent Media) and retail (PetSmart).
Jerry Patterson, Board of Directors​​​​​​
Mr. Patterson retired from a lifetime of public service, beginning with the U.S. Marines where he was a pilot (LtCol.) through his multiple terms as an elected Representative or State Senator (Texas), through three consecutive terms as the Commissioner of the Texas General Land Office, which manages all State property, making it the largest owner of crude oil and natural gas interests and production in the State.
Richard Vincent Imprescia: (Chairman Finance Committee)
Mr. Imprescia has more than two-decades of public-private finance experience as a New York City based private commercial banker and business economic development advisor. Imprescia is a highly seasoned business strategist providing decision-makers with strategic entrepreneurial solutions. He is disciplined and innovative with a reputation for integrity, professionalism, creativity, communication, motivation, and outstanding performance. He was appointed to the NYS Department of Economic Development by former NYS Governor George E. Pataki and to Empire State Development Corporation (NYSESD) as Deputy Executive Director, a public and served as a Board Member for the NYS Community Development Block Grant Board as the Governor’s representative. He also served as Director of Commercial and Industrial banking for Signature Bank and CB Private and Commercial Bank.
Technology Partners
Advanced Processing Technologies (APT) ​​​​​
​https://advancedods.com/​
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APT provides us with our proprietary “United States Patent Pending” process that significantly lowers sulfur content in crude oils, used oils, distillates, and heavy fuel oils. The team brings over 30 years of successful turnkey construction and installation industry experience.
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Engineering Partners
