Profile: Incoming Inc (ICNN.PK)
20 Feb 2015
Incoming, Inc. incorporated on December 22, 2006, is engaged in the business of wholesaling biodiesel to distributors in the Southeast region of the United States. The Company also sells glycerin (a biodiesel by-product) to refiners and manufacturers. Through its wholly owned subsidiary North American Bio-Energies LLC (NABE), it operates in the alternative energy industry in the development and acquisition of commercial grade biodiesel facilities and the distribution and marketing of petroleum and biofuel products. Its refining and production facility is located in Lenoir, North Carolina with a nameplate annual capacity of five million gallons. Its facility produces biodiesel from virgin, agri-based feedstock using commercial specifications. The biodiesel produced by the Company is sold throughout North Carolina, South Carolina and Virginia directly or through wholesale distributors.
The Company’s primary product is biodiesel made from virgin agri-based feedstock that meets ASTM D6751 specifications. Its secondary product glycerin is a by-product of the chemical process, in which biodiesel is produced and has a variety of uses in end products across multiple industries, including as an ingredient or processing aid in cosmetics, toiletries, personal care and drugs. Glycerin, also called glycerol, can also be found in food applications as a sugar substitute or in shortenings and margarine. Glycerin can also be found in soaps and foams or even nitroglycerin, which is used in dynamite. During 2013, it also refined and sold crude glycerin, recovered methanol and high acid oil, which are all contained within the byproduct of its biodiesel production. Its main customers are petroleum distributors in the Southeast region of the United States.
244 5th Ave
NEW YORK NY 10001-7604