New Delek
Production of Biofuel for Automobiles
Company Overview
Snapshot
Founded in May 2017 by Daniel Davidov and Suzanna Buzin, New Delek operated with 1–10 employees. The company ceased operations in December 2022.
Business overview
New Delek was an Energy Tech company focused on developing sustainable alternatives to conventional fossil fuels. The company's core technology centered on recovering energy from organic materials, specifically producing biofuel from organic waste, such as byproducts of the timber industry and biomaterials treated with microorganisms. New Delek aimed to serve the automotive industry by providing biofuel compatible with existing cars, with the objective of making biofuel costs competitive with traditional fossil fuels. The company operated within the broader Climate Tech sector, specifically addressing Clean Energy Generation and New Fuels markets.
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- What was New Delek's primary focus?
- New Delek focused on the production of biofuel for automobiles, utilizing organic waste materials to create an alternative to conventional fossil fuels.
- When was New Delek founded and by whom?
- New Delek was founded in May 2017 by Daniel Davidov and Suzanna Buzin.
- What was the operational status of New Delek?
- New Delek ceased to operate in December 2022.
- What type of materials did New Delek use for biofuel production?
- New Delek developed methods to recover energy from organic materials, including byproducts of the timber industry and biomaterials treated with microorganisms, for biofuel production.
- Which industries or markets did New Delek aim to serve?
- New Delek aimed to serve the automotive industry by providing biofuel for existing cars, operating within the Energy Tech and Climate Tech sectors, specifically targeting New Fuels.