Company Performance Metrics
Jerry Wang: Founder
Shipping companies discharges marine sludge oil as a waste during its operation marine sludge oil can be recycled for usage in various industries so sludge has economic value estimated @ $1billion because of no existing trading market, sludge owner dumps to sludge collector free of charge sludge collector gets sludge and resell to its downstream
recycling industry making 200%-300% profit high profitability creates incentive for sludge collector to find ways of max marine sludge volume- bribing crew in exchange for more sludge oil is well known in the industry absence of trading market is due to lack of proper measurement of marine sludge oil they develop a marine sludge mobile testing skid which can accurately measure sludge oil
the measurement data is transmitted to an online trading portal (marketplace) sludge owner meets buyers in the marketplace and do sludge trading based on measurement data transmitted from mobile skid
