What MEG Corp does

MEG Corp is a privately held chemical engineering company founded in 2005 and headquartered in Plymouth, Minnesota, that develops and sells fuel additive formulations, operates an in-house ASTM-approved fuel testing laboratory, and delivers fuel education workshops. The company's product portfolio spans three lines: premium diesel additives (PW1000 with proprietary WASA wax anti-settling technology, OptiMax, Moisture Control, and the MicrobiKILL biocide blend) targeted at ultra-low sulfur diesel challenges including cold-flow operability, thermal stability, water contamination, and microbial growth; a fuel quality testing laboratory offering Farm/Fleet, Basic Generator, Complete Generator, and Cold Flow test packages using ASTM methods with 24-48 hour turnaround; and the BioPower line of high-cetane soy-based biodiesel fuels (BioPower 50 and BioPower 100) for NTPA truck and tractor pulling competition. Revenue is generated primarily through direct e-commerce sales of additives and test kits via megcorpmn.com, transactional laboratory testing services priced per test ($87-$390), workshop and training delivery (75+ sessions annually, ASE-accredited since 2019), and a channel reseller arrangement with Stern Oil. The go-to-market blends direct-to-consumer e-commerce, technical advisory to fuel distributors and fleets, and community-led education through commodity-group partnerships, most notably a long-standing relationship with the Minnesota Soybean Research & Promotion Council since 2007.

Name

MEG Corp

Legal name

MEG Corp

Website

https://megcorpmn.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Short description

MEG Corp is a Plymouth, Minnesota-based chemical engineering company that formulates diesel fuel additives, runs an ASTM-approved fuel testing laboratory, and produces BioPower race fuels, serving fuel distributors, fleet operators, standby generator owners, and motorsport competitors across the United States.

Ownership category

akta.pro rank

Product category

Fuel Additives and Testing Services

NAICS

Petroleum and Coal Products Manufacturing (3241), Petroleum Lubricating Oil and Grease Manufacturing (324191), Fuel Dealers (457210)

SIC

Services-Testing Laboratories (8734), Industrial Organic Chemicals (2860), Laboratory Analytical Instruments (3826)

akta.pro primary industry

Biofuel Quality Testing, Certification & Sustainability Compliance (RFS, LCFS, ISCC, CORSIA) (EUAAAHAL)

akta.pro secondary industries

Biofuel Distribution & Fuel Marketing (Wholesale/Retail) (EUAAAHAI), Branded Fuels Wholesaling & Jobber Distribution (EUALAIAB), Fuel Systems Service (Diesel/Gas/CNG/LNG, Injectors, Tanks) (TLAKABAH)

Keywords

• Diesel fuel additives
• Fuel quality testing
• Biodiesel race fuels
• Petroleum specialty chemicals
• Fuel consulting services

Headquarters

HQ city

Plymouth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Diesel Fuel Additives Sales: MEG Corp formulates, markets and distributes a line of diesel fuel additives including premium additives (PW1000, OptiMax, Moisture Control, MicrobiKILL) sold in various case sizes at fixed unit prices.
2. Fuel Testing Laboratory Services: MEG Corp operates a fuel-testing laboratory providing diagnostic testing services for fuel distributors and diesel users. Testing includes various ASTM methods delivered within 24-48 hours.
3. Test Kits and Supplies: Sale of fuel testing equipment including Bacon Bomb Samplers, Oil Gauging Tape Measures, and various testing kits for Farm/Fleet, Generator, and Cold Flow testing.
4. High-Performance Bio-Race Fuels: Sale of BioPower 50 and BioPower 100 specialty fuels for truck and tractor pulling competitions, formulated for high performance and NTPA compliance.
5. Educational Workshops and Training: MEG Corp provides fuel education workshops and training, accredited by the National Institute for Automotive Service Excellence (ASE). They conduct more than 75 workshops annually educating over 2,500 participants per year.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

MEG Corp formulates, markets and distributes a line of premium diesel fuel additives (PW1000, OptiMax, Moisture Control, MicrobiKILL), operates an in-house fuel quality testing laboratory using ASTM-approved methods, sells high-performance soy-based biodiesel fuels (BioPower 100, BioPower 50) for truck and tractor pulling competitions, and provides fuel consulting and ASE-accredited educational workshops.

Product overview

MEG Corp offers a focused portfolio of three product lines: Premium Diesel Additives (including PW1000, OptiMax, Moisture Control, and MicrobiKILL) designed to address challenges of ultra low sulfur diesel including cold weather operability, stability, and microbial contamination; Fuel Quality Testing Laboratory services and equipment (Bacon Bomb Samplers, Oil Gauging Tape Measures, and various testing packages like Complete Generator Fuel Test, Basic Generator Fuel Test, Farm/Fleet Tank Testing, and Cold Flow Testing) using ASTM methods for diesel, biodiesel, gasoline, and ethanol blends; and Truck & Tractor Pulling Fuel products (BioPower 100 and BioPower 50) providing high-performance biodiesel fuels for motorsport applications with up to 4% horsepower improvement. The company operates its own fuel-testing laboratory and provides fuel consulting services.

Differentiator

Problem solved

Functional benefit

Brands

• BioPower: High-performance soy-based biodiesel fuels for truck and tractor pulling competitions, including BioPower 100 (100 cetane rating, 4% more horsepower) and BioPower 50 (NTPA-compliant, 50 cetane rating, 3% more horsepower).

Products and services

• PW1000 Premium Water Diesel Additive Premium diesel additive specifically formulated for ULSD and biodiesel blends, combining WASA (Wax Anti-Settling Agent), cold flow improvers, de-icer, detergency, stability, corrosion/rust inhibition, and lubricity additives. Treat rate: 1 gallon treats 1,000 gallons of diesel fuel. Improves cold weather operability by 20 degrees below the cloud point.
• OptiMax Premium Diesel Additive Premium diesel fuel additive formulated for all diesel fuel types including ULSD, heating oil, and biodiesel blends, providing detergency, stability, corrosion/rust inhibition, water tolerance, and lubricity benefits. Treat rate: 1 gallon treats 3,000 gallons of diesel fuel.
• Moisture Control Specialty Additive Specialty fuel additive designed to eliminate moisture and water buildup in bulk storage tanks and vehicle tanks; functions as a de-icer for frozen fuel filters. Contains no alcohol and is ULSD compliant with less than 15ppm sulfur.
• MicrobiKILL Biocide Solvent-based biocide preservative that eliminates and prevents growth of bacteria and fungi in finished fuels including ULSD, biodiesel, gasoline, and bunker fuel oil. Proprietary synergistic blend achieving 100% bacterial kill in two hours. Treat rate: 1 gallon treats 10,000 gallons.
• Plated Brass Bacon Bomb Sampler - 4 oz Capacity Plated brass sampling tool for retrieving fuel samples from storage tanks, tank cars, and drums. Designed to detect contaminants, free water, and sediment at the fuel-water interface. Features 1-1/8 inch outer diameter, 13-1/4 inch length, and 4 oz capacity.
• Oil Gauging Tape Measure with Grounding Wire - 25 Foot 25-foot double-duty gauging tape with grounding wire for precise measurement and sampling in storage tanks, tank cars, and drums. Features chrome-plated reel with ergonomic crank arm and swivel snap-hook for secure attachment.
• Bacon Bomb Sampler with 25-Foot Oil Gauging Tape Measure Combo Kit Combined sampling kit including plated brass Bacon Bomb sampler and 25-foot oil gauging tape measure with grounding wire. Designed for professionals requiring reliable and accurate sampling from storage tanks.
• Farm/Fleet Tank Testing Tank contaminant testing package including D6304 Karl Fischer Water test, D7463 Microbial Contamination test, and D7371 Biodiesel Content test. Includes sample bottle with retrieval directions and shipping instructions to MEG Laboratory; results delivered within 24-48 business hours.
• Basic Generator Fuel Test Entry-level fuel testing package for stored fuel including D6304 Karl Fischer Water, D7463 Microbial Contamination, and D6468 Thermal Stability tests to ensure fuel will perform when needed.
• Complete Generator Fuel Test Comprehensive fuel assessment package including D7371 Biodiesel Content, D2500 Cloud Point, D6371 CFPP, D86 Distillation, D4737 Cetane Index, D93 Flash, D6304 Karl Fischer Water, D7463 Microbial Contamination, D6703 Sulfur, and D6468 Thermal Stability tests.
• Cold Flow Testing Fuel cold weather performance testing to determine at what temperature fuel will perform, accounting for differences by crude slate, region, and refinery.

Quantifiable outcome

• PW1000 improves operability of fuel 20 degrees below the cloud point
• +6 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Minnesota Soybean Research & Promotion CouncilcoreStrategic or Co-development Partner · 1 January 2007The Minnesota Soybean Research & Promotion Council has partnered with MEG Corp since 2007 to provide technical expertise to troubleshoot filter plugging and diesel issues, perform diesel studies and conduct best practices for diesel storage, handling and use education throughout Minnesota. This partnership advances the use of renewable fuels like biodiesel.
• Stern OilcoreChannel Partner/ Reseller/ DistributorStern Oil has partnered with MEG Corp to provide best in class performing premium diesel fuel additives. The addition of the MEG Corp fuel additives has solidified their relationship with customers and allows Stern Oil to build a premium fuel program without competing with additives available in the retail market.
• National Institute for Automotive Service Excellence (ASE)coreStrategic or Co-development PartnerMEG Corp is an ASE Accredited Training Provider of Continuing Automotive Service Education. In 2019, MEG Corp went through the extensive application process for accreditation and was approved as an ASE Accredited Training Provider. Working technicians can receive CASE credits for participating in MEG Corp's fuel workshops.

Scale indicators6 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Stanadyne: Stanadyne supplies diesel fuel injection equipment and a line of fuel additives (Stanadyne Performance Formula) for diesel engines. Overlaps with MEG Corp in the ULSD additive space and shares the diesel mechanic and fleet customer base.
• Schaeffer Manufacturing: Schaeffer Manufacturing is a specialty industrial lubricant and fuel additive manufacturer founded in 1839. Founder Hoon Ge previously managed Schaeffer's fuel additives division. Directly comparable formulation capabilities and end-market overlap with MEG Corp's diesel additives.
• Hot Shot's Secret: Hot Shot's Secret sells a comprehensive line of diesel fuel additives, lubricants, and cleaners through e-commerce to truckers, fleets, and mechanics. Direct competitive overlap with MEG Corp's diesel additive line, similar mid-sized private company profile, and overlapping customer base.
• Power Service Products: Power Service Products formulates and markets a well-known line of diesel fuel additives (Diesel Kleen, Cetane Boost) directly to fleets, distributors, and mechanics. Closely comparable to MEG Corp's PW1000 and OptiMax ULSD additive portfolio in target customer and GTM motion.
• Bell Performance: Bell Performance formulates and markets Fuel Right fuel additives plus a line of biocide and stabilizer products (Bio-Bor, De-Carb). Closely comparable specialty additive portfolio and mid-sized private company profile.

Broad incumbents

• Innospec: Innospec's Performance Chemicals division supplies fuel additives for diesel, gasoline, and biodiesel to refiners and distributors worldwide. A broad incumbent operating in the same fuel chemistry category but at enterprise scale.
• Lubrizol: Lubrizol (a Berkshire Hathaway company) is the world's largest fuel and lubricant additive supplier, serving refiners and fuel marketers globally. Operates broadly across the same fuel additive chemistry space as MEG Corp but at vastly larger scale.
• BASF Fuel and Lubricant Solutions: BASF is a global chemical major with a sizable fuel and lubricant additives business serving refiners and OEMs. Comparable product chemistry but vastly broader portfolio and global reach.

Others

• Intertek: Intertek is a global testing, inspection, and certification company with fuel and petroleum testing services. Comparable ASTM-method fuel testing capability at vastly larger scale, providing a strategic alternative for MEG Corp's lab services customers.

Emerging players

• Klotz Synthetic Lubricants: Klotz Synthetic Lubricants is a smaller specialty fuels and lubricants company serving motorsport and powersports markets. Comparable niche motorsport fuel focus overlapping with MEG Corp's BioPower race fuel line.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/megcorpmn
• LinkedInlinkedin.com/company/megcorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 MEG Corp