The global biofuel industry grew at record level over the previous years, drawing in the large interest of numerous markets, governments, environmental movements, customers, biofuel business owners and feedstock growers. Market demand will reach an approximated 37 billion gallons by 2016 with an annual development rate of 42%. A large target of 10% overall fuel intake in the next years, which represents a great chance for biofuel investment initiatives.
The increased in consumer awareness surrounding environmental efforts for energy independence has caused a significant need and growing usage of Biofuel and Biomass innovation including eco-friendly and sustainable energy sources in commercial and customer applications. BioEnergy Concepts profits from the opportunities 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 personal stock corporation that controls and directs facilities engineering and operations, manages power delivery systems, making use of human capital growth and development in transforming sustainable natural resources into energy. BCI and SJG COREe, Inc. (SJG); a signed up Philippine corporation, wholly owned subsidiary of BCI, manages all task development, application and upkeep of refinery site operations within the area along with item circulation throughout the world.
BioEnergy Concepts enhances making use of human and energy capital by partnering with private landowners and cooperative farmers in tapping arable land with large coconut plantations in the Philippines as our preliminary base feedstock for Biofuel production. The plan captures Project 1 - Green CORE (task name) implementation connecting two refinery websites. The Philippine refinery website 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 by-products. The Philippine refinery will mostly cover the Asian market while supplying sufficient feedstock to the US Biofuel refineries. BCI's biofuel production capacity is projected to reach 60 million gallons annually at end of 2012, with current capability at 15 million gallons annually.
Coconut, the most versatile of all crops, is plentiful in the Philippines with over 3 million trees, and personal landowners with substantial plantations have actually been tapped to enhance our virtually limitless network of feedstock sources. BioEnergy Concepts currently have actually committed arrangements from private landowners and farm cooperatives in excess of 1Million hectares. The local & regional governments have actually supplied letters of intent and partnership assistance. More collaborations in the Asian region are presently being formed by BCI to guarantee sustainability for the growing demand for Biofuel.