New Hope Energy is a plastic conversion company that is founded on the revolutionary idea that waste can be the foundation on which advanced recycling for next generation fuels can be built.
As a forward thinking energy conversion company, we've learned to harness several technologies in new and more efficient ways, combining it with our own patented heat exchange vessels to thermally decompose plastics into hydrocarbon products.
We have positioned ourselves right where we can be servant leaders, problem solvers, as well as pioneers of modern technology. Our results are safe & efficient; which allow us to focus on the continuous improvement of our quality products.
We convert plastics from a variety of feedstock sources sources into high quality petroleum products.
We build our own patented heat exchange vessels and put them into our own plants. New Hope Energy strategically builds plants close to our feedstocks and buyers.
New Hope Energy was started in 2008 by our founding engineer, and after operating successfully for five years, Renewable Diesel Micro Refinery (RDMR) DBA New Hope Energy was eventually formed in 2013.
We developed final patents on our technology and began to carefully build a team . After thoughtful consideration to our first business models, we built our first production Unit in Justin, TX .
In early 2017 we moved to Tyler Texas, and built Phase I of Trinity Oaks, our continuous feed multiple unit production plant. We currently have relationships with several oil buyers, and have several other projects in development.