Maine Standard Biofuels

What Maine Standard Biofuels does

Maine Standard Biofuels, operating legally as Maine Bio-Fuel, Inc., is a Portland, Maine-based biorefinery founded in 2006 that operates as the state's only full-service used cooking oil (UCO) collector and biodiesel manufacturer. The company sources waste grease free of charge from over 1,000 restaurants and food manufacturers across Northern New England and New York State through scheduled pickup routes using proprietary custom-built steel containers, then converts the feedstock via transesterification into fatty acid methyl esters (FAME) biodiesel. Any process scraps are routed to a biodigester for renewable energy and compost, and the glycerin byproduct is upcycled into the Wicked Strong family of biodegradable, non-toxic biobased cleaning products, creating a near-zero-waste circular production loop.

The company's commercial output spans four product lines: B99.9 biodiesel sold at a Portland pump ($3.95/gallon, Monday–Friday) and via bulk delivery for on-road, marine, and fleet customers; Bio20 and Bio20PLUS heating oil blends ($4.09–$4.19/gallon depending on region, with an auto-fill subscription that discounts $0.05/gallon) for residential and commercial oil furnaces requiring no conversion; the Wicked Strong cleaning line distributed through Portland Paper Products, Dennis Paper & Food Service, and Performance Food Group; and adjacent bioproducts including Javi Oil torch fuel and Solvitall Paving Products. Enterprise customers include Casco Bay Lines (ferry fleet, B99.9/ULSD 80/20 blend since 2014), Hannaford Supermarkets (74 locations, UCO collection since 2015), Maine DOT (Bio20 heating across 8 sites and B10–B20 biodiesel across 15 garages since 2020), and Bates College (UCO since 2015, Bioheat since 2018).

The business has grown entirely through non-dilutive funding: three Maine Technology Institute grants totaling approximately $39,840 ($9,840 in 2006, $5,000 in 2013, $25,000 in 2019). No venture capital, private equity, or institutional debt is disclosed, and the company remains privately held with 1–10 employees operating from a single Portland facility at 51 Ingersoll Drive. The go-to-market combines direct pump retail, scheduled enterprise fuel delivery, B2B field sales for fleet and institutional contracts, and regional wholesale distribution for bioproducts.

Name

Maine Standard Biofuels

Legal name

Maine Bio-Fuel, Inc.

Website

https://mainestandardbiofuels.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Maine Standard Biofuels is a Portland, Maine-based biorefinery founded in 2006 that operates as the state's only full-service used cooking oil collector and biodiesel manufacturer, producing B99.9 biodiesel, Bio20 heating oil, and Wicked Strong bioproducts for New England and New York customers.

Ownership category

akta.pro rank

Product category

Biofuel Manufacturing

NAICS

Fats and Oils Refining and Blending (311225)

SIC

Fats & Oils (2070)

akta.pro primary industry

Biodiesel (FAME) Production (EUAAAHAC)

akta.pro secondary industries

Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD), Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen) (TLAHAKAC), Biofuel Upgrading, Hydrotreating & Refining (Co-processing, Isomerization) (EUAAAHAG)

Keywords

• Biodiesel fuel
• Used cooking oil recycling
• Bioheat heating oil
• Biofuel manufacturing
• Biodegradable cleaning products

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Biodiesel Fuel Sales: Sale of B99.9 biodiesel at pump ($3.95/gallon) and custom blends for bulk delivery to diesel vehicle owners, fleets, and marine operations.
2. Bioheat Heating Oil Sales: Sale of Bio20 and Bio20PLUS heating oil blends for home heating, delivered or at pump, priced at $4.09-$4.19/gallon depending on region.
3. Wicked Strong Biocleaning Products: Sale of biodegradable, non-toxic biobased cleaning products formulated from natural plant and mineral ingredients, including specialized products for food service and paving industries.
4. Used Cooking Oil Collection Services: Collection of used cooking oil from restaurants and food manufacturers across Northern New England - provided free to generators to secure feedstock supply.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels4 records

Core offering

Maine Standard Biofuels operates a Portland, Maine biorefinery that collects used cooking oil from restaurants and food manufacturers and converts it into B99.9 biodiesel and Bio20 heating oil via transesterification. It also produces the Wicked Strong family of biodegradable cleaning products from the glycerin byproduct and provides scheduled UCO collection services across Northern New England.

Product overview

Maine Standard Biofuels operates as a biorefinery that collects used cooking oil and transforms it into a portfolio of bio-based products. The core offerings include Bio20 Heating Oil for residential home heating and B99.9 Biodiesel for transportation, both produced through transesterification of collected restaurant waste oil. The Wicked Strong family of biodegradable cleaning products utilizes glycerin byproducts from the biodiesel production process. The company also provides Used Cooking Oil collection services to over 1,000 restaurants across New England and operates the Green Leaders program to recognize organizations transitioning to sustainable fuels.

Differentiator

Problem solved

Functional benefit

Brands

• Wicked Strong: Family of bio-based cleaning products that are biodegradable, low in VOCs, and non-toxic. Formulated using natural plant and mineral ingredients for the food service and paving industries.
• Bioheat
• Bio20
• B99.9

Products and services

• B99.9 Biodiesel High-quality B99.9 biodiesel produced from used cooking oil collected from New England restaurants; available at the Portland pump and for bulk delivery; suitable for on-road diesel vehicles, marine vessels, and off-road applications without engine modifications.
• Bioheat / Bio20 Heating Oil

Quantifiable outcome

• Reduces particulate emissions by up to 47%, hydrocarbon emissions by 67%, and carbon emissions by up to 86%
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Maine DOTcoreStrategic or Co-development Partner · 1 January 2020Pilot programs started fall 2020 with Bio20 heating oil and B10-B20 biodiesel blends. MSB now services 8 Southern Maine DOT locations with heating oil and 15 garages with on-road biodiesel blends. Over 154,000 gallons of biofuel utilized since December 2019.
• Hannaford SupermarketscoreStrategic or Co-development Partner · 1 January 2015Partnership since 2015 servicing 74 locations across New England and New York. Nearly 2,000 pickups and over 166,000 gallons of recycled used cooking oil collected. 40% of all Hannaford locations serviced; plan to service all locations with used cooking oil by 2023.
• Bates CollegecoreStrategic or Co-development Partner · 1 January 2014Partnership since November 2014 for used cooking oil collection (started February 2015) and Bioheat heating fuel. Bates College has reduced carbon impact by over 470,000 pounds through the partnership. 4,250 gallons of total recycled oil collected.
• Casco Bay LinescoreStrategic or Co-development Partner · 1 January 2014Ferry service partnership since 2014 using 80/20 blend of B99.9 biodiesel with ULSD. Mitigated over 5.5 million pounds of CO₂ through 297,000+ gallons of B99.9 biofuel used. Cleaner engines and less black particulate pollution reported.
• Portland Paper ProductsminorChannel Partner/ Reseller/ DistributorLocal distributor for Wicked Strong bioproducts in the Portland region.
• Dennis Paper & Food ServiceminorChannel Partner/ Reseller/ DistributorLocal distributor for Wicked Strong bioproducts.
• Performance Food GroupminorChannel Partner/ Reseller/ DistributorRegional distributor for Wicked Strong bioproducts.
• Dennis Burke OilminorStrategic or Co-development PartnerSupplier of ultra low-sulfur diesel blended with B99.9 for Casco Bay Lines partnership.

Scale indicators6 records

Recent moves2 records

Expansion highlights5 records

Broad incumbents

• Darling Ingredients: Global rendering and sustainable ingredients company operating Diamond Green Diesel, one of the largest renewable diesel producers in North America. Comparable business model of converting animal fats and UCO into renewable fuels, but at vastly larger scale and with public-market capitalization.
• Cargill: Global agricultural commodity processor with significant oils/fats processing and renewable fuels investments. Overlaps with MSB in fats/oils feedstock handling and renewable fuel production, but as part of a vastly broader portfolio across food, feed, and industrial ingredients.
• Neste: Global leader in renewable diesel and sustainable aviation fuel made from waste and residues including used cooking oil. Operates at massive scale with multiple refineries; competes with MSB in the broader renewable fuels market but at a fundamentally different scale and product mix (renewable diesel vs. biodiesel).
• Valley Proteins: Rendering company that converts animal by-products and used cooking oil into tallow, yellow grease, and protein meal for biofuel and feed markets. Comparable fats/oils feedstock processing and renewable fuel supply chain position, though at significantly larger geographic footprint than MSB.
• Eco-Energy: Biofuels marketing, distribution, and supply chain company that trades and distributes ethanol, biodiesel, and renewable feedstocks across North America. Comparable as a downstream channel and feedstock supplier in the biodiesel value chain, though positioned differently from MSB's integrated production model.

Emerging players

• Greasecycle: Regional used cooking oil collection service focused on sustainability and traceability. Comparable to MSB's UCO collection business line as a smaller-scale, regional collector, though without the integrated biodiesel production capability that MSB operates.

Direct peers

• Baker Commodities: West Coast-based renderer and used cooking oil collector that converts restaurant grease into tallow, yellow grease, and biodiesel feedstock. Directly comparable to Maine Standard Biofuels in UCO collection and biofuel feedstock production, though at significantly larger scale.
• World Energy: One of the largest biodiesel producers in North America, operating multiple plants and converting multiple feedstocks including UCO into renewable fuels. Comparable in finished-product biodiesel manufacturing, though at significantly larger scale and broader geographic reach than MSB.
• Mahoney Environmental: Used cooking oil collection and recycling company serving restaurants across the U.S. with grease trap servicing and grease collection. Directly comparable to MSB's UCO collection service line as a regional/national collector, though Mahoney does not operate its own biodiesel conversion.
• Biox Corporation: Canadian biodiesel producer that processes used cooking oil and animal fats into renewable fuels. Directly comparable technology stack (transesterification of UCO to FAME biodiesel) and similar scale to MSB, operating in Ontario with a circular-economy positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Customer concentration

• Xx.com/MEBiofuels
• LinkedInlinkedin.com/company/maine-standard-biofuels

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds3 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maine Standard Biofuels