Green Star Products, Inc. (OTC PK: GSPI) is involved in the production of renewable clean-burning biodiesel. The company has an environmentally friendly focus that involves them in renewable production of other products such as lubricants, additives, and devices that reduce emission. The Company also looks to have these productions improve fuel economy in vehicles, machinery, and power plants.
Being an early pioneer in the research of alternative energy sources in the 1990s, Green Star Products has advanced its technologies to focus on the commercialization and mass production stage. The Company has established a number of pilot and commercial biodiesel processing plants. In 2007, they announced the development of an innovative processing system that allows algae-to-biodiesel conversion that offers a potential solution to Global Warming issues and rising oil & gas prices.
Green Star Products has its own plants and reactors that it will not directly sell in order to ensure the security of its advanced technology, trade secrets, and intellectual properties. The Company’s alternative for this safe-keeping is to form joint venture arrangements with customers who become operating partners in each facility. The Company acquired the exclusive license for its advanced biodiesel reactor technology from Bio-Clean Fuels, Inc. for the entire United States.
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