New Hope Energy is founded on the the revolutionary idea that waste can be the foundation for next-generation fuels.
First, we harness Pyrolysis and other technologies in new ways to thermally decompose plastics into Hydrocarbon products.
We have other technology in development, including landfill reconstruction.
We convert plastics from a variety of sources into petroleum products.
We build our own patented vessels and put them into our own plants. New Hope Energy strategically builds plants close to our feedstocks and buyers.
We work in areas to create economic opportunity in communities in the US and globally.
Started in 2008 by our founding engineer, Renewable Diesel Micro Refinery (RDMR) DBA New Hope Energy was 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 NHET, our continuous feed multiple unit production plant in 2018. We currently have relationships with several oil buyers, and have several other projects in development.