Company Report: White Energy Inc.
White Energy Inc. Ethanol and other biofuels are the hot commodity in America's Corn Belt, but intense competition is forcing producers such as White Energy to build a better business model...

Amid vast national concern about rising gasoline prices and reducing U.S. dependence on foreign oil - and despite the swirling controversy over alternative energy fuels such as ethanol - White Energy Inc. is doggedly carving out a niche for itself as a producer of renewable energy.

Founded in 2005, the Dallas, Texas-based, privately-held company currently produces 50 million gallons of ethanol per year at its facility in Russell, Kansas, which it acquired in May of 2006.

A second plant in Hereford, Texas, scheduled to be operational in the fourth quarter of 2007, is expected to produce 110 million gallons of ethanol per year; while a Plainview, Texas-based facility, located just 70 miles from Hereford, is expected to produce another 110 million gallons of ethanol annually when it becomes operational in the first quarter of 2008.

White Energy expects to generate more than one billion dollars in revenue by 2008. Long-term, White Energy plans to secure more than 700 million gallons per year of renewable fuel production capacity through acquisitions and Greenfield production.

"With our assets, our value, good equity position and a great debt partner, White Energy is only limited by those opportunities that meet its business plan," says president and CEO Kevin Kuykendall.

President George Bush's 2005 energy bill

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