Oregon Biofuel Company Receives Governor’s Gold Award for Small Business

Original link: http://portland.dbusinessnews.com/shownews.php?newsid=143559&type_news=latest
Portland -

-One of Five Recipients of Award “Celebrating Greatness in Oregonians”-

Portland – A pioneering Oregon company, SeQuential Biofuels, is among the recipients of the prestigious Governor’s Gold Awards. Governor Ted Kulongoski presented the award to SeQuential founder Tomas Endicott and CEO Dave Garten on December 7, 2007, at the Oregon Convention Center.

“We are honored to be recognized by the Governor for making an important contribution to Oregon. Our biofuels are better for the environment, and they help promote independence from foreign oil. They are also locally produced, which creates new jobs in the Oregon economy,” says Garten.

SeQuential, which opened the nation’s first biofuels station in 2006 on McVay Highway in Eugene, will open additional stations in Portland and Eugene in 2008. The company sells biofuel blends for every vehicle, with no engine conversion required. SeQuential’s products include E10, which can be used in every gas vehicle and decreases carbon dioxide emissions by about seven percent. Its E85 bioethanol, for use in Flex Fuel Vehicles, decreases carbon dioxide emissions by 59 percent. B99 biodiesel is suitable for most diesel vehicles and cuts carbon dioxide emissions by 80 percent. SeQuential also sells reduced-carbon B5 and B20 biodiesel blends suitable for any diesel engine.

In addition to reducing carbon dioxide and other toxic emissions into the environment, these biofuels directly displace foreign petroleum. In 2007, Oregon consumers avoided using more than 360,000 gallons of petroleum by using SeQuential biofuels.

The company, which was founded in 2002, also operates the largest biofuels retail network in the region with more than 35 biofuel pumps at independent retailers and 5,000 loyal customers. It is a partner in the SeQuential-Pacific biodiesel production facility in Salem, which will expand capacity from one million to five million gallons in 2008.

Past business Gold Award winners include Intel Corporation, Nike, Inc. and New Seasons Market. This year’s corporate award recipient is Gerding Edlen Development Company, LLC.

For further information about SeQuential Biofuels, visit www.sqbiofuels.com.
Posted on:
Monday, December 10, 2007 01:12 PM

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