The worldwide biofuel market grew at record level over the previous decade, bring in the huge interest of different markets, governments, environmental movements, customers, biofuel entrepreneurs and feedstock growers. Market demand will reach an estimated 37 billion gallons by 2016 with an annual development rate of 42%. A substantial target of 10% overall fuel usage in the next years, which represents a fantastic opportunity for biofuel financial investment efforts.
The increased in customer awareness surrounding ecological efforts for energy independence has resulted in a substantial need and growing usage of Biofuel and Biomass innovation consisting of eco-friendly and sustainable energy sources in industrial and consumer applications. BioEnergy Concepts takes advantage of the opportunities 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 growth and development in transforming sustainable natural deposits into energy. BCI and SJG COREe, Inc. (SJG); a registered Philippine corporation, entirely owned subsidiary of BCI, controls all project development, execution and maintenance of refinery website operations within the area as well as item circulation throughout the world.
BioEnergy Concepts optimizes using human and energy capital by teaming up 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 plan catches Project 1 - Green CORE (job name) application connecting two refinery websites. 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 unrefined coconut oil by-products. The Philippine refinery will primarily cover the Asian market while supplying ample feedstock to the US Biofuel refineries. BCI's biofuel production capacity is forecasted to reach 60 million gallons per year at end of 2012, with existing capability at 15 million gallons per year.
Coconut, the most versatile of all crops, is abundant in the Philippines with over 3 million trees, and private landowners with large plantations have actually been tapped to strengthen our essentially inexhaustible network of feedstock sources. BioEnergy Concepts currently have actually committed agreements from private landowners and farm cooperatives in excess of 1Million hectares. The regional & regional federal governments have offered letters of intent and partnership support. More partnerships in the Asian area are presently being formed by BCI to ensure sustainability for the growing demand for Biofuel.
