CSIMarket Company Name, Ticker, Customers, else..
 
Methes Energies International Ltd  (MEIL)
 

Methes Energies International Ltd's Customers Performance

MEIL


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MEIL's Source of Revenues During the corresponding time, Methes Energies International Ltd saw a revenue deteriorated by -75.78 % year on year, sequentially revenue grew by 2758.81 %. While revenue at the Methes Energies International Ltd's corporate clients

• List of MEIL Customers




for the same period Methes Energies International Ltd revnue deteriorated by -75.78 % year on year, sequentially revenue grew by 2758.81 %.

• List of MEIL Customers

Methes Energies International Ltd's Business Units






Methes Energies International Ltd's Comment on Sales, Marketing and Customers



We market and sell two principal products to the biodiesel industry: Denami biodiesel processors and biodiesel (B100) fuel. We also sell glycerin as a by-product and offer services related to the production of biodiesel. We also purchase feedstock from various sources on the spot markets for our own use as well as for resale to certain customers.

Biodiesel

Sales and marketing of our biodiesel are handled by our in-house sales and marketing team. Our largest customer accounted for 67% of total revenue in 2013 and our two largest customers accounted for 67% and 8% of total revenue in 2014. The sales to these customers were made at spot market prices, and we have no binding agreements covering our production. There are additional potential customers for the biodiesel sold to these three largest customers, including potential customers already in our customer base, and we believe that the loss of one or more of these three customers would not have a material adverse effect on our business. We also sell our biodiesel directly to private fleet users and others who can blend our biodiesel with petroleum based diesel fuels. We expect our current customers or other wholesaler/marketers will sell most of our biodiesel to fuel users and retail locations in the United States and Canada. It is also our intention to approach private fleet users such as trucking companies to maximize market penetration and increase sales.

Our Sombra facility currently sells almost all of its biodiesel into the United States market. Our Mississauga and Sombra facilities are registered with the EPA as Foreign Renewable Fuel Producers under RSF2 which allows for RINs to be generated when our biodiesel is imported into the United States.













MEIL's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Methes Energies International Ltd 0.01 3.72 -2.80 23
SUBTOTAL 0.00 0.00 0.00 -

Sources: Methes Energies International Ltd’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:
Focus of this report: Methes Energies International Ltd’s corporate clients.
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