After reading my blog post in PlasticsToday, New Hope Energy Program Manager Lee Royal contacted me to explain the company’s situation. After a long conversation, I’m satisfied that New Hope Energy is operating 24/7 as it claims, and is selling its products to customers including Chevron Phillips, per New Hope’s latest release.
According to Royal, the fire that broke out at the Trinity Oaks Tyler plant in Tyler, TX, last May was a minor incident and the company was back up and running the next day. He admits that the company has kept a very low profile over the past few years due to the fact that the Trinity Oaks plant is at capacity.
In fact, capacity is New Hope’s biggest problem, according to Royal. The demand for