BIOX
BIOX Corporation is a Hamilton, Ontario-based renewable energy company that produces and distributes biodiesel and regulatory compliance units across North America, serving commercial fuel consumers and compliance buyers in Canada and the U.S.
- Company typePublic
- Founded2016
- HeadquartersHamilton, Canada
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What BIOX does
BIOX Corporation is a Canadian renewable energy company headquartered in Hamilton, Ontario, that produces and distributes biodiesel across North America. The company was founded around 2002, became publicly traded on the Toronto Stock Exchange (TSX:BX) in 2010, and operates production facilities and proprietary distribution infrastructure focused on North American markets including Ontario, Quebec, British Columbia, and California.
The company's core technology is a transesterification-based biodiesel production process with multi-feedstock flexibility, capable of processing animal fats, used cooking oils, and pure seed oils without process changes. BIOX sells pure (B100) and blended biodiesel compliant with Canadian, U.S., and EU standards, and is a registered supplier of Compliance Units under Ontario's Greener Diesel Mandate, California and BC's Low Carbon Fuel Standard, and Ontario and Quebec Cap & Trade programs. By-products of the process include refined glycerin above 98% purity, Bioheavies (non-ASTM grade methyl esters), and glycerin pitch.
BIOX operates a sales-led B2B go-to-market, serving two principal customer segments: commercial and industrial diesel fuel consumers seeking low-cost GHG reduction solutions, and regulatory compliance buyers obligated under renewable fuel and carbon intensity mandates. Revenue is generated through transaction-based sale of biodiesel, compliance units, and by-products, with quote-based pricing to B2B counterparties. The company is exploring expansion into renewable diesel via a 2017 co-location partnership with Forge Hydrocarbons at its Sombra site.
BIOX firmographics
Firmographics- Name
- BIOX
- Legal name
- BIOX Corporation
- Website
- https://bioxcorp.com
- Company type
- Public
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BIOX Corporation is a Hamilton, Ontario-based renewable energy company that produces and distributes biodiesel and regulatory compliance units across North America, serving commercial fuel consumers and compliance buyers in Canada and the U.S.
- Ownership category
- akta.pro rank
BIOX industry classification
Industry- Product category
- Biodiesel Production and Renewable Fuel Compliance
- NAICS
- Petroleum and Coal Products Manufacturing (3241)
- SIC
- Industrial Organic Chemicals (2860)
- akta.pro primary industry
- Biofuel Blending, Storage & Terminal Operations (EUAAAHAH)
- akta.pro secondary industries
- Biofuel Distribution & Fuel Marketing (Wholesale/Retail) (EUAAAHAI), Biofuels & Biomass Commodities Trading & Marketing (EUAGAAAG)
Keywords
Where BIOX is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
BIOX business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales
Revenue model
- Biodiesel Sales: BIOX produces and sells biodiesel (B100 pure form and blended forms) and compliance units to meet renewable fuel mandates in Canada and the U.S.
- Compliance Units: Sale of Compliance Units registered as supplier in Ontario, California, BC, and Quebec for renewable fuel standard compliance programs including Ontario Greener Diesel Mandate, California & BC Low Carbon Fuel Standard, Ontario Cap & Trade, and Quebec Cap & Trade.
- By-product Sales: Sale of refined glycerin (>98% purity), Bioheavies (non-ASTM grade methyl esters), and glycerin pitch as by-products from biodiesel production.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
BIOX product offering
Product offeringCore offering
BIOX produces and sells biodiesel in both pure (B100) and blended forms, made from feedstocks such as animal fats, used cooking oils, and seed oils. In addition to physical fuel, BIOX sells registered compliance units and by-products (refined glycerin, Bioheavies, glycerin pitch) under Canadian and U.S. low-carbon fuel and cap-and-trade programs.
Product overview
BIOX operates as a renewable energy company producing and distributing biodiesel and related by-products through a network of production facilities and distribution infrastructure across North America. The core product portfolio centers on Biodiesel B100 (pure form) and blended biodiesel products, complemented by compliance units traded under Canadian and U.S. regulatory frameworks. The company also derives value from by-products of biodiesel production including Refined Glycerin (>98% purity), Bioheavies (non-ASTM grade methyl esters), and Glycerin Pitch (<2%). This integrated approach enables BIOX to offer clean-burning fuel solutions that work with existing diesel engines without modifications, providing immediate greenhouse gas emission reductions for the transportation sector.
Differentiator
Problem solved
Functional benefit
Products and services
- Biodiesel B100 Pure biodiesel (B100) produced from animal fats, used cooking oils, and seed oils using BIOX's transesterification process, meeting and exceeding Canadian, U.S., and EU standards. Offered with a range of carbon intensities to satisfy specific regulatory compliance requirements and supplied to commercial and industrial fuel consumers and obligated parties across North America.
- Blended Biodiesel Biodiesel supplied in blended forms alongside BIOX's pure B100, sold to commercial and industrial diesel fuel consumers. Works with existing diesel engines without modifications, providing an immediate, low-cost GHG reduction alternative to petroleum diesel.
- Compliance Units Registered compliance units sold under multiple Canadian and U.S. regulatory programs: Ontario Greener Diesel Mandate, California & BC Low Carbon Fuel Standard, Ontario Cap & Trade, and Quebec Cap & Trade. BIOX is a registered supplier in Ontario, California, BC, and Quebec, enabling obligated parties to acquire verified credits for renewable fuel standard compliance.
- Refined Glycerin (>98% purity) By-product of biodiesel production exceeding 98% purity; non-toxic with applications across various industrial end-uses. Sold as a value-added by-product of BIOX's manufacturing process.
- Bioheavies (non-ASTM grade methyl esters) Lower-grade methyl esters (approximately 2–6% of distillation output) sold as blendstock for lower grades of petroleum distillates.
- Glycerin Pitch (<2%) Remaining residue from the glycerin refining process, containing residual glycerin and impurities, used as a renewable carbon resource for biosynthesis and anaerobic digestion to produce renewable energy.
Quantifiable outcome
- Reduced GHG emissions from transportation sector
Companies that use BIOX
Customer profileSegments2 records
Ideal customer profiles2 records
BIOX technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
BIOX partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Forge HydrocarbonscoreBIOX is working with Forge Hydrocarbons to co-locate a renewable diesel facility at the Sombra site, expanding BIOX's production capabilities through strategic partnership.
Scale indicators1 record
Recent moves6 records
Expansion highlights5 records
BIOX competitors and assessment
Company assessmentBroad incumbents
- Neste: Global leader in renewable diesel (HVO) and sustainable aviation fuel, with extensive LCFS credit generation. Comparable to BIOX as a renewable fuel producer monetizing low-carbon-intensity fuels through compliance programs, though Neste operates at vastly greater scale and has moved decisively into renewable diesel.
- Cargill: Privately held global agribusiness with renewable fuel/biodiesel trading and origination activities. Comparable to BIOX as a participant in biodiesel commodity flows and compliance credit markets, though its renewable fuels exposure is a small fraction of its overall business.
- Archer Daniels Midland (ADM): Global agribusiness major with biodiesel and renewable diesel operations integrated with its grain/oilseed platform. Comparable to BIOX in producing biodiesel from vegetable oils and participating in compliance programs, though ADM's biofuels operations are part of a much broader commodity processing portfolio.
- Marathon Petroleum: U.S. refining major that has operated biodiesel assets and has growing renewable diesel ambitions. Comparable to BIOX in that it produces and trades renewable fuels into U.S. compliance markets, but renewable fuels are a small share of an integrated petroleum refining business.
- Bunge Limited: Global agribusiness with biodiesel/renewable diesel interests tied to its oilseed processing footprint. Comparable to BIOX because it produces biodiesel from vegetable oil feedstocks and sells into LCFS/RFS markets, but as part of a much larger diversified agribusiness.
Direct peers
- Renewable Energy Group (Chevron REG): Now part of Chevron, Renewable Energy Group was the largest U.S. biodiesel producer and a major compliance credit generator under the California LCFS and federal RFS. Directly comparable to BIOX as a multi-feedstock biodiesel producer selling into LCFS markets, with overlapping customer base of obligated parties.
- Pacific Biodiesel: Hawaii-based multi-feedstock biodiesel producer serving island and West Coast markets, with community-scale plant design. Comparable to BIOX as a smaller-scale, multi-feedstock biodiesel producer monetizing both fuel and by-products, though more regionally concentrated than BIOX.
- Darling Ingredients: Darling Ingredients operates Diamond Green Diesel, one of the largest North American renewable diesel producers, and supplies animal fats/used cooking oil as feedstocks. Comparable to BIOX because it produces biodiesel/renewable diesel from rendered fats and oils and participates in U.S. compliance markets, but at materially larger scale.
- Aemetis: California-based renewable fuels company producing biodiesel and developing renewable diesel/sustainable aviation fuel projects. A direct comparable to BIOX: multi-feedstock biodiesel producer with a transition path into HVO and heavy reliance on California LCFS credit revenue.
Emerging players
- Green Plains: U.S. ethanol producer pivoting into low-carbon-intensity corn-oil-based biofuels and protein ingredients. An emerging peer to BIOX because it is transitioning from grain-based ethanol toward low-CI renewable fuels that compete for LCFS value, sharing a similar feedstock-flexibility and decarbonization theme.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
BIOX social profiles
Digital presenceBIOX financial estimates
Financial estimateRevenue estimate
Valuation estimate
BIOX leadership team
Management profileNumber of profiles
Profiles8 records
BIOX funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BIOX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BIOX
What does BIOX do?
BIOX produces and sells biodiesel in both pure (B100) and blended forms, made from feedstocks such as animal fats, used cooking oils, and seed oils. In addition to physical fuel, BIOX sells registered compliance units and by-products (refined glycerin, Bioheavies, glycerin pitch) under Canadian and U.S. low-carbon fuel and cap-and-trade programs.
Is BIOX a public or private company?
BIOX is a public company. It is classified as public and is currently operating.
When was BIOX founded?
BIOX was founded in 2016. It employs 11 to 50 people.
Where is BIOX based?
BIOX is headquartered in Hamilton, Canada, in the North America region.
How does BIOX make money?
Three revenue lines are on record. Biodiesel Sales are the primary driver. The others are compliance Units and by-product Sales.
Who are BIOX's main competitors?
Broad incumbents on record are Neste, Cargill, Archer Daniels Midland (ADM), Marathon Petroleum and Bunge Limited. Direct peers are Renewable Energy Group (Chevron REG), Pacific Biodiesel, Darling Ingredients and Aemetis. Green Plains is listed as an emerging player.
Does BIOX have an API?
No public API is recorded for BIOX.
What industry is BIOX in?
BIOX's product category is Biodiesel Production and Renewable Fuel Compliance. Its primary akta.pro industry code is EUAAAHAH, Biofuel Blending, Storage & Terminal Operations, with a secondary code of EUAAAHAI, Biofuel Distribution & Fuel Marketing (Wholesale/Retail). Its NAICS code is 3241 and its SIC code is 2860.