Biofuel on the Great Lakes Fuel From Plants


by Stan Shumway and Ron Samson


Stan Shumway background Marine Matters interviewed Stan


Shumway to gain some insights into the biofuel industry. Stan Shumway is a co-founder


and President of Argent Hills, LLC with over thirty years of leadership and financial management experi- ence. His primary focus is leading the Argent Hills team in the efficient deployment of capital and the management of those assets once funded. Stan was the President and co-


founder of Erie Management Group (EMG) a family office and holding


company with a $125,000,000 portfolio where he provided the leadership and business execution knowledge for operating units rang- ing from the then largest biodiesel plant in the US to a short sea ship- ping company.


Lake Erie Biofuels Lake Erie Biofuels, LLC produces


and markets biodiesel. It offers laboratory services for biodiesel, biodiesel feedstock, and glycerin testing, as well as sodium methylate assay. The company also provides technical services, such as advice


on storage infrastructure, blend- ing infrastructure, and biodiesel handling techniques. In addition, it offers sales and marketing services for ULSD and LSD blend stocks, and home heating oil blend stocks; and railcar fleets, tanker truck, and barge transport services. Lake Erie Biofu- els, LLC was incorporated in 2005 and is based in Erie, Pennsylvania.


What is Biofuel? A biofuel is a fuel that contains


energy from geologically recent carbon fixation. These fuels are produced from living organisms. Ex-


Photo: www.greenissexy.tv 15


May 2014


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