Road Gold Company

What Road Gold Company does

Road Gold Company LLC is a York, Pennsylvania-based recycling technology company founded in 2019 that converts waste asphalt, waste asphalt shingles, and oil sands into low sulfur No. 4 fuel oil branded as SarvaOil (ASP, SHI, and OSD variants). The company has built two prototype processing units — FOWA I, which handles approximately 100 lbs of waste asphalt per batch, and FOFOS 1, which processes oil sand samples — and sells recovered clean aggregate as a secondary output. The underlying process is covered by US Patent No. 10550326 and is a cold-water, ambient-temperature, zero-emission bioremediation and chemical treatment that uses the VaporRemed product combined with a Freytech oil-water separator; no heat is required at any stage.

The company's target customer segments are airports, municipal and state transportation departments, and construction and demolition companies, with airports positioned as the primary vertical based on volume of waste asphalt generated from runway rehabilitation. Its go-to-market is sales-led and event-driven: the CEO conducts direct outreach via phone and email, distributes vertical-specific white papers (including a 2025 paper targeting airports), and maintains thought-leadership presence through industry conferences such as GRPC 2025 in New Delhi. Revenue is intended to come from three streams — direct fuel oil sales, clean aggregate sales, and licensing of the patented process to airports, municipalities, and construction firms — though no commercial customers, pricing, or revenue are currently disclosed.

Road Gold is privately held, operates with 1-10 employees from a single York, PA headquarters, has no recorded funding rounds, and has no identified parent company or subsidiaries. The business is at prototype stage with two small-scale units, no production facility, and no named customers, which is consistent with a pre-commercial technology developer.

Name

Road Gold Company

Legal name

Road Gold Company LLC

Website

https://roadgoldcompany.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Road Gold Company LLC is a York, Pennsylvania-based recycling technology company that uses a patented cold-water bioremediation process to convert waste asphalt, shingles, and oil sands into low sulfur No. 4 fuel oil, targeting airports, municipalities, and construction firms.

Ownership category

akta.pro rank

Product category

Waste-to-Fuel Recycling and Fuel Oil Production

NAICS

Materials Recovery Facilities (56292)

SIC

Refuse Systems (4953)

akta.pro primary industry

Refuse-Derived Fuel (RDF) Production & Co-processing (Cement Kilns/Industrial Furnaces) (EUAIACAH)

akta.pro secondary industries

Concrete & Asphalt Recycling (RCA/RAP) (BPALAJAD), Concrete, Asphalt & Masonry Recycling (Crushing & Aggregate Production) (EUAIAHAD)

Keywords

• Waste asphalt recycling
• Fuel oil production
• Bioremediation technology
• Waste-to-fuel conversion
• Clean aggregate recovery

Headquarters

HQ city

York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fuel Oil Sales: The company generates revenue through the sale of SarvaOil fuel products produced from waste asphalt, waste asphalt shingles, and oil sands. The fuel oil produced is comparable to Low Sulfur No. 4 Fuel oil that can be used directly in industrial applications, ships (bunker fuel), and power generation without additional refining.
2. Clean Aggregate Sales: Revenue generated from the sale of clean aggregate recovered from the waste asphalt processing. The process produces almost white clean gravel suitable for reuse in construction and road applications.
3. Technology Licensing: The patented process can potentially be licensed to airports, municipalities, and construction companies for in-house processing plants. The company offers a sustainable process for recycling waste asphalt that transforms waste into commercially useful fuel oil.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Road Gold Company LLC operates a patented bioremediation-based recycling process that converts waste asphalt, waste asphalt shingles, and oil sands into low sulfur No. 4 fuel oil (branded as SarvaOil) and clean reusable aggregate. The company runs prototype processing units (FOWA I for waste asphalt and FOFOS 1 for oil sands) using the VaporRemed bioremediation agent in cold water with no heat or emissions, and additionally offers the technology for licensing to airports, municipalities, and construction firms.

Product overview

Road Gold Company LLC operates as a recycling technology company with a patented bioremediation-based process for converting various asphalt sources into fuel oil without heat. The core product portfolio includes two prototype processing units: FOWA I for waste asphalt and FOFOS 1 for oil sands. The company produces three branded fuel oil variants under the SarvaOil line—SarvaOil (ASP) from waste asphalt, SarvaOil (SHI) from asphalt shingles, and SarvaOil (OSD) from oil sands—all classified as low sulfur No. 4 fuel oil. The proprietary process utilizes the VaporRemed bioremediation product as a key treatment agent, combined with an oil-water separator system.

Differentiator

Problem solved

Functional benefit

Brands

• FOWA I (Fuel Oil From Waste Asphalt 1): Prototype unit for processing waste asphalt into fuel oil, capable of processing about 100 lbs of waste asphalt.
• FOFOS 1 (Fuel Oil From Oil Sands 1)
• SarvaOil
• VaporRemed

Products and services

• FOWA I (Fuel Oil From Waste Asphalt 1) Prototype recycling unit that processes approximately 100 lbs of waste asphalt per batch into fuel oil at a 1:1 weight ratio using a patented bioremediation and chemical process (no heat, no emissions). Designed for airports, municipalities, and construction firms seeking in-house waste-to-fuel conversion of highway, runway, tennis court, and driveway asphalt.
• FOFOS 1 (Fuel Oil From Oil Sands 1) Prototype system consisting of a reaction vessel connected to an oil-water separator that extracts oil from oil sands using starter solvent diesel followed by VaporRemed spray in cold water. Produces SarvaOil (OSD) low sulfur No. 4 fuel oil at a greater-than-2:1 output-to-input ratio.
• SarvaOil (ASP) - Fuel Oil from Waste Asphalt Low sulfur No. 4 fuel oil produced from waste asphalt generated during road maintenance, highway repairs, residential driveways, and airport runways. Suitable for industrial applications including ships (bunker fuel) and power generation without additional refining.
• SarvaOil (SHI) - Fuel Oil from Waste Asphalt Shingles Ultra low sulfur No. 4 fuel oil produced from waste fiberglass-based asphalt roof shingles via the patented process. Targets the 11+ million tons of waste roof shingles added to the US waste stream annually, offering an alternative disposal route with a usable fuel output.
• SarvaOil (OSD) - Fuel Oil from Oil Sands Low sulfur No. 4 fuel oil extracted from oil/tar sands using the FOFOS process and VaporRemed bioremediation. Output exceeds input weight (10 lbs of oil sand yields approximately 26 lbs of fuel oil). Suitable for industrial applications.
• Clean Aggregate (by-product of FOWA process) Clean, almost-white aggregate recovered as a by-product of the FOWA waste asphalt recycling process, suitable for reuse in construction and road applications, providing a second revenue stream alongside SarvaOil.
• FOWA/FOFOS Process Technology Licensing Licensing of the patented FOWA/FOFOS cold-water bioremediation process for in-house deployment at airports, municipalities, and construction sites, transforming waste asphalt into fuel oil and clean aggregate on the customer's premises.

Quantifiable outcome

• 70 million tons of waste asphalt can be converted to 70 million tons of fuel oil annually in the USA
• +3 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Global Refining & Petrochemicals Congress (GRPC 2025)coreGTM or Marketing Partner · 21 May 2025Road Gold Company participated as an Esteemed Silver Partner of the 9th Global Refining & Petrochemicals Congress 2025, held July 10-11, 2025 at Le Meridien New Delhi. This partnership drives thought leadership, sparks global dialogue, and shares insights on innovation, decarbonization, and energy transition in the downstream sector.
• Innotech Canada / Canada InnovatesminorOthersOil sand samples were imported from Canada and sent by Innotech Canada (also referred to as Canada Innovates). This appears to be a sample/material provider for R&D testing of the oil sands processing technology.
• Freytech Inc., FloridacoreTechnology or IntegrationFreytech Inc. of Florida supplied the Oil-Water Separator component used in the FOWA 1 prototype system. The separator is connected to the reaction vessel through a bottom drain and ball valve, and has two outlets - one for oil and one for water, allowing the system to separate oil and water effectively.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Fulcrum BioEnergy: Converts municipal solid waste into synthetic transportation fuels including jet fuel. Comparable waste-to-low-sulfur-fuel positioning, though at much larger project scale.
• Brightmark Energy: Develops waste-to-energy and plastics-to-fuel projects in the US. Comparable waste-stream-to-energy business model and project-development orientation.
• Plastic Energy: Operates pyrolysis plants converting plastic waste into oils for new plastics. Comparable advanced-recycling, waste-to-hydrocarbon commercial model with global licensing ambitions.
• Agilyx: Norway/US-based waste-to-fuel company converting mixed plastics and waste polymers into crude-like fuels. Comparable chemical-conversion-to-fuel technology model and licensing-based go-to-market.
• Ensyn: Operates pyrolysis technology converting biomass and waste into fuel oils. Comparable thermal/chemical conversion-to-fuel-oil product and industrial customer base.

Broad incumbents

• Oldcastle Materials (CRH): Largest US asphalt and aggregate producer, dominant buyer and recycler of waste asphalt via RAP. Represents both a potential partner/licensing counterparty and a competitive threat in C&D waste asphalt.

Others

• Freytech Inc. Florida-based oil-water separation technology supplier and existing Road Gold partner. Comparable enabling-technology vendor in the waste-to-fuel ecosystem, already integrated into the FOWA I prototype.

Direct peers

• Pavement Recycling Systems: US-based contractor that recycles waste asphalt (RAP) for road reuse. Closest comparable business model in C&D asphalt waste management, though using mechanical hot-mix recycling rather than bioremediation-to-fuel.
• Lehigh Technologies: Recycles end-of-life tires into micronized rubber powder and other industrial inputs. Analogous private-equity-backed waste-to-industrial-product platform with downstream licensing potential.
• Liberty Tire Recycling: Collects and recycles waste tires into fuel, rubber products, and aggregates. Comparable end-to-end waste-to-fuel + by-product monetization model, applied to a different waste stream (tires vs. asphalt).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/road-gold-company-llc
• Facebookfacebook.com/Road-Gold-Company-100066681704976

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 Road Gold Company