The global biofuel market grew at record level over the previous decade, attracting the vast interest of different markets, federal governments, environmental movements, consumers, biofuel entrepreneurs and feedstock growers. Market demand will reach an approximated 37 billion gallons by 2016 with a yearly development rate of 42%. A substantial target of 10% overall fuel usage in the next years, which represents an excellent opportunity for biofuel financial investment initiatives.
The increased in customer awareness surrounding environmental initiatives for energy independence has actually caused a significant demand and growing intake of Biofuel and Biomass innovation consisting of eco-friendly and sustainable energy sources in industrial and consumer applications. BioEnergy Concepts profits from the chances in marketing, sales and distribution of Biofuel (Biodiesel), glycerin and feedstock spin-offs in Asia, USA, and Europe.
BizMinded Concepts, Inc. (BCI) dba BioEnergy Concepts is a California private stock corporation that controls and directs infrastructure engineering and operations, manages power shipment systems, making use of human capital growth and development in converting sustainable natural resources into energy. BCI and SJG COREe, Inc. (SJG); a signed up Philippine corporation, wholly owned subsidiary of BCI, controls all project development, application and upkeep of refinery site operations within the region as well as item circulation throughout the world.
BioEnergy Concepts optimizes the use of human and energy capital by coordinating with private landowners and cooperative farmers in tapping arable land with huge coconut plantations in the Philippines as our preliminary base feedstock for Biofuel production. The plan catches Project 1 - Green CORE (task name) application connecting 2 refinery websites. The Philippine refinery site will manage 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 unrefined coconut oil spin-offs. The Philippine refinery will primarily cover the Asian market while supplying sufficient feedstock to the US Biofuel refineries. BCI's biofuel production capability is projected to reach 60 million gallons annually at end of 2012, with existing capacity at 15 million gallons annually.
Coconut, the most flexible of all crops, is plentiful in the Philippines with over 3 million trees, and private landowners with large plantations have been tapped to reinforce our essentially inexhaustible network of feedstock sources. BioEnergy Concepts currently have actually devoted agreements from personal landowners and farm cooperatives in excess of 1Million hectares. The regional & regional governments have actually provided letters of intent and collaboration support. More collaborations in the Asian area are presently being formed by BCI to guarantee sustainability for the growing need for Biofuel.