NewGen Technologies (NWGN) Price & Analysis

Established in 2005 and based in Charlotte, North Carolina, NewGen Technologies Inc. operates as a prominent manufacturer and distributor of fuels across the United States. The company's diverse product range includes renewable biofuels and specialized hydrocarbon blends, featuring proprietary technologies engineered to boost the performance of gasoline and diesel, as well as alternative options like ethanol-based E85 and biodiesel-based B20. NewGen owns and operates its own fuel terminal storage and distribution centers, supported by an extensive network of wholesale and retail points of sale throughout the southeastern U.S. To expand its capabilities, NewGen Technologies has formed several strategic partnerships: joint ventures with Advanced Biotechnologies, Inc., PowerSHIFT Energy Company, Inc., and Palmbio Venture Pte Lte are dedicated to the production, processing, storage, marketing, distribution, and sale of biodiesel products and their byproducts. Another joint venture with Actanol Service, Ltd. focuses on delivering comprehensive energy and biofuel plant solutions. Additionally, a strategic agreement with Granite Group Chicago LLC provides NewGen with the rights to develop a new gas station/convenience-store concept.