During the corresponding time, Global Clean Energy Holdings Inc saw a revenue deteriorated by -71.49 % year on year, sequentially revenue fell by -73.17 %. While revenue at the Global Clean Energy Holdings Inc 's corporate clients
Global Clean Energy Holdings Inc's Comment on Sales, Marketing and Customers
SusOils markets and sells Camelina oil biofuels derived from its patented Camelina varieties in North America. The company manages Camelina production operations and agricultural activities for a facility that pays SusOils a royalty per pound of Camelina oil used. SusOils retains the rights to market and sell any excess Camelina not purchased by the facility. The company has entered into intercompany financial agreements with BKRF OCB, including a promissory note and a revenue sharing agreement. SusOils owns multiple U.S. patents and intellectual property related to Camelina biofuels feedstock production and cultivation.
Camelina Company España, S.L.U. (CCE), acquired in 2021, holds plant breeders’ registration certificates in the European Union and has pending applications in South America. Agribody Technologies (ATI), also acquired in 2021, holds a key patent for genome editing applicable to Camelina and other plants, which is licensed or co-developed with several seed and farming companies. The primary market for SusOils’ products is renewable diesel, with most U.S. consumption occurring in California due to its Low Carbon Fuel Standard (LCFS) program.
Global Clean Energy Holdings Inc’s Comment on Sales, Marketing and Customers
SusOils markets and sells Camelina oil biofuels derived from its patented Camelina varieties in North America. The company manages Camelina production operations and agricultural activities for a facility that pays SusOils a royalty per pound of Camelina oil used. SusOils retains the rights to market and sell any excess Camelina not purchased by the facility. The company has entered into intercompany financial agreements with BKRF OCB, including a promissory note and a revenue sharing agreement. SusOils owns multiple U.S. patents and intellectual property related to Camelina biofuels feedstock production and cultivation.
Camelina Company España, S.L.U. (CCE), acquired in 2021, holds plant breeders’ registration certificates in the European Union and has pending applications in South America. Agribody Technologies (ATI), also acquired in 2021, holds a key patent for genome editing applicable to Camelina and other plants, which is licensed or co-developed with several seed and farming companies. The primary market for SusOils’ products is renewable diesel, with most U.S. consumption occurring in California due to its Low Carbon Fuel Standard (LCFS) program.
Sources:
Global Clean Energy Holdings Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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