The worldwide biofuel market grew at record level over the previous years, attracting the large interest of numerous industries, federal governments, ecological movements, consumers, biofuel entrepreneurs and feedstock growers. Market demand will reach an estimated 37 billion gallons by 2016 with a yearly development rate of 42%. A significant target of 10% overall fuel intake in the next years, which represents a great chance for biofuel investment initiatives.
The increased in customer awareness surrounding environmental initiatives for energy self-reliance has actually caused a substantial demand and growing consumption of Biofuel and Biomass innovation including eco-friendly and sustainable energy sources in commercial and consumer applications. BioEnergy Concepts capitalizes on the chances in marketing, sales and circulation of Biofuel (Biodiesel), glycerin and feedstock spin-offs in Asia, USA, and Europe.
BizMinded Concepts, Inc. (BCI) dba BioEnergy Concepts is a California personal stock corporation that manages and directs facilities engineering and operations, manages power shipment systems, making use of human capital growth and development in transforming sustainable natural resources into energy. BCI and SJG COREe, Inc. (SJG); a registered Philippine corporation, completely owned subsidiary of BCI, manages all task advancement, execution and maintenance of refinery site operations within the region along with product distribution throughout the world.
BioEnergy Concepts optimizes the usage of human and energy capital by teaming up with personal landowners and cooperative farmers in tapping arable land with vast coconut plantations in the Philippines as our initial base feedstock for Biofuel production. The strategy records Project 1 - Green CORE (project name) application connecting 2 refinery sites. The Philippine refinery site will handle and establish minimum rented 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 mainly cover the Asian market while providing ample feedstock to the US Biofuel refineries. BCI's biofuel production capacity is predicted to reach 60 million gallons each year at end of 2012, with existing capability at 15 million gallons each year.
Coconut, the most versatile of all crops, is abundant in the Philippines with over 3 million trees, and private landowners with substantial plantations have actually been tapped to reinforce our virtually limitless network of feedstock sources. BioEnergy Concepts currently have actually devoted agreements from private landowners and farm cooperatives in excess of 1Million hectares. The regional & regional governments have provided letters of intent and collaboration assistance. More partnerships in the Asian region are presently being formed by BCI to ensure sustainability for the growing demand for Biofuel.
