Curated News
By: NewsRamp Editorial Staff
June 16, 2026
Buffalo Biodiesel Appoints Frank V. Balon as New President and Chief Legal Officer
TLDR
- Buffalo Biodiesel's new President Frank Balon aims to break one-million-ton annual CO2e offset, setting new industry benchmarks.
- Frank Balon, with operational and legal expertise, will scale Buffalo Biodiesel's waste cooking oil recycling to 30,000 restaurants across 17 states.
- Buffalo Biodiesel prevents millions of tons of CO2e annually, fostering a sustainable future and thriving workplace under new leadership.
- Founder Sumit Majumdar fought organized crime in the waste oil sector, leading to successful prosecutions at local, state, and federal levels.
Impact - Why it Matters
This leadership transition matters because it positions Buffalo Biodiesel to scale its environmental impact significantly. With a new president focused on operational excellence and legal strategy, the company aims to double its annual carbon offset to one million tons, setting a new industry benchmark. For consumers and businesses relying on sustainable waste management, this means more effective recycling and reduced greenhouse gas emissions, contributing to broader climate goals.
Summary
Buffalo Biodiesel Inc., a national leader in recycling waste cooking oil into renewable fuels, has appointed Frank V. Balon as its new President and Chief Legal Officer, effective June 2, 2026. Balon, who previously served as Co-President, Chief Legal Officer, and Board Director at Steuben Foods Inc., brings 15 years of experience in scaling operations and driving sustainable growth. He holds a J.D. from the University at Buffalo School of Law and has a background in business and commercial litigation. Balon succeeds founder Sumit Majumdar, who transitions to a role as Limited Partner and Lead Director of Energy and Agriculture at Verite Capital Partners while remaining on Buffalo Biodiesel's Board of Directors.
Majumdar expressed confidence in Balon, stating, 'After screening hundreds of talented prospects, I know I am leaving this company in the hands of a highly capable visionary.' Majumdar highlighted Balon's blend of operational brilliance and legal acumen, as well as his commitment to environmental stewardship. Under Majumdar's leadership, Buffalo Biodiesel grew into one of the largest waste cooking oil recyclers in the U.S., serving over 30,000 restaurants across 17 states. The company has prevented millions of tons of CO2e emissions, offsetting 685,850 tons in 2025 alone. Majumdar is also known for his advocacy against organized crime in the waste oil sector, leading to successful prosecutions.
Balon's appointment signals a new chapter for Buffalo Biodiesel, with Majumdar predicting the company will break the one-million-ton annual offset mark within a year. The company continues to specialize in the circular economy, transforming used cooking oil and agricultural waste into renewable fuels and advanced materials. For more information, visit www.buffalobiodiesel.com.
Source Statement
This curated news summary relied on content disributed by 24-7 Press Release. Read the original source here, Buffalo Biodiesel Appoints Frank V. Balon as New President and Chief Legal Officer
