SIC Code 5172-31 - Biofuel (Wholesale)

Marketing Level - SIC 6-Digit

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Total Companies

47

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SIC Code 5172-31 Description (6-Digit)

The Biofuel (Wholesale) industry involves the distribution of biofuels, which are fuels made from renewable sources such as plant matter, animal waste, and other organic materials. These fuels are used as alternatives to traditional fossil fuels and are considered to be more environmentally friendly. Biofuels can be used in a range of applications, including transportation, heating, and electricity generation. Companies in the Biofuel (Wholesale) industry typically purchase biofuels from producers and then distribute them to retailers, commercial customers, and other end-users. They may also provide related services such as storage, transportation, and blending of biofuels. The industry is heavily influenced by government policies and regulations, as many countries have implemented incentives and mandates to promote the use of biofuels. Overall, the Biofuel (Wholesale) industry plays an important role in the transition to a more sustainable energy system, and is expected to continue growing as demand for renewable energy sources increases.

Hierarchy Navigation for SIC 6-Digit Code 5172-31

Tools

  • Biofuel storage tanks
  • Tanker trucks
  • Railcars
  • Blending equipment
  • Pumps and hoses
  • Flow meters
  • Sampling equipment
  • Lab testing equipment
  • Safety gear (e.g. gloves, goggles, respirators)
  • Forklifts

Industry Examples of Biofuel (Wholesale)

  • Biodiesel
  • Ethanol
  • Biogas
  • Biojet fuel
  • Renewable diesel
  • Biomassbased diesel
  • Wastebased biodiesel
  • Algaebased biofuels
  • Vegetable oilbased biofuels
  • Animal fatbased biofuels

SIC Code 5172-31 - Biofuel (Wholesale)

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