Dominican Renewables is a fully integrated biodiesel company in the Dominican Republic and Haiti
About Dominican Renewables
DRI is currently developing 12,000 hectares of land for feedstock production, with immediate access to another 18,000 hectares. Initial production and sales are set to start in early 2014 with large scale production to follow within 12 months (800,000 gallons per month, revenues over 3 mm per month).
The 30,000 hectares will produce over 20 million gallons of oil per year. The Company controls its feedstock through a well established outgrower model with local farmers, will own and operate its own processing and refining equipment, and has guaranteed sales through existing contracts and additional LOIs.
Over 100,000 hectares are already identified for development to produce 70 million gallons of oil per year. This can be sold locally or exported. We will replicate this model across the island and the region and eventually into other parts of the globe.