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Home > Company Index > Materials & Construction > Waste Management & Recycling > Probex Corp.
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Probex Corp. |
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PROFILE |
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The pros at Probex are probing the prospects for ProTerra, the company's proprietary technology for purifying, recycling, and upgrading used lubricating oils collected from auto oil-change centers. With construction group Bechtel, the company is developing a plant on a 22-acre site in Ohio where it plans to use the technology to upgrade the waste oil into three products: ProLube, a base lube oil; ProPower, a distillate for off-road use; and ProBind, an asphalt thickener. The company expects to get 80% of its sales from upgraded lube oil, which is designed to comply with new standards for oils used in cars. Probex owns three waste oil collection companies in the southeastern US, which supply its recycling plants.
COMPETITION |
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Safety-Kleen Corp. (SKLNQ)
DEALS |
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Deal: Probex Receives $1 Million Investment
Date Announced: 11.15.00
Value of transaction (US $Mil): 1
Description: Energy technology company receives equity investment from Bechtel Enterprise Holdings.
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 2.70
1-Yr. Sales Growth: 2,600.0%
Employees: 96
Revenue per employee: $28,125.00
KEY PEOPLE |
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Charles M. Rampacek
CEO
Bruce A. Hall
CFO
CONTACT INFO |
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One Galleria Tower
Dallas, TX 75240
US
Phone: 972-788-4772
Fax: 972-980-8545
Online: Web Site
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