The global biofuel industry grew at record level over the past years, drawing in the vast interest of various markets, governments, environmental movements, customers, biofuel business owners and feedstock growers. Market demand will reach an approximated 37 billion gallons by 2016 with a yearly development rate of 42%. A hefty target of 10% total fuel consumption in the next decade, which represents a great opportunity for biofuel investment initiatives.
The increased in consumer awareness surrounding environmental initiatives for energy self-reliance has actually caused a considerable need and growing consumption of Biofuel and Biomass innovation consisting of sustainable and sustainable energy sources in commercial and consumer applications. BioEnergy Concepts profits from the chances in marketing, sales and circulation of Biofuel (Biodiesel), glycerin and feedstock by-products in Asia, USA, and Europe.
BizMinded Concepts, Inc. (BCI) dba BioEnergy Concepts is a California personal stock corporation that controls and directs facilities engineering and operations, manages power delivery systems, using human capital development and development in transforming sustainable natural deposits into energy. BCI and SJG COREe, Inc. (SJG); a signed up Philippine corporation, completely owned subsidiary of BCI, controls all job advancement, implementation and upkeep of refinery site operations within the region in addition to item distribution throughout the world.
BioEnergy Concepts optimizes using human and energy capital by partnering with personal landowners and cooperative farmers in tapping arable land with huge coconut plantations in the Philippines as our preliminary base feedstock for Biofuel production. The strategy records Project 1 - Green CORE (task name) application linking 2 refinery websites. The Philippine refinery website will manage and establish minimum leased landholdings of 300,000 hectares of existing coconut plantation as feedstock source for the production of Biofuel (B100/Biodiesel), Glycerin and crude coconut oil spin-offs. The Philippine refinery will mostly cover the Asian market while providing ample feedstock to the US Biofuel refineries. BCI's biofuel production capacity is forecasted to reach 60 million gallons each year at end of 2012, with current capability at 15 million gallons each year.
Coconut, the most versatile of all crops, is plentiful in the Philippines with over 3 million trees, and private landowners with sizable plantations have actually been tapped to enhance our virtually limitless network of feedstock sources. BioEnergy Concepts presently have actually dedicated agreements from personal landowners and farm cooperatives in excess of 1Million hectares. The regional & local governments have actually supplied letters of intent and collaboration support. More collaborations in the Asian region are presently being formed by BCI to make sure sustainability for the growing demand for Biofuel.
