The worldwide biofuel industry grew at record level over the previous years, bring in the large interest of different markets, governments, ecological movements, customers, biofuel business owners and feedstock growers. Market demand will reach an estimated 37 billion gallons by 2016 with an annual development rate of 42%. A large target of 10% overall fuel consumption in the next decade, which represents a terrific opportunity for biofuel financial investment initiatives.
The increased in consumer awareness surrounding ecological initiatives for energy self-reliance has actually caused a significant need and growing usage of Biofuel and Biomass technology consisting of sustainable 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 manages and directs infrastructure engineering and operations, manages power shipment systems, using human capital growth and advancement in converting sustainable natural resources into energy. BCI and SJG COREe, Inc. (SJG); a signed up Philippine corporation, completely owned subsidiary of BCI, manages all job advancement, implementation and upkeep of refinery website operations within the region as well as item circulation throughout the world.
BioEnergy Concepts enhances using human and energy capital by teaming up with personal landowners and cooperative farmers in tapping arable land with large coconut plantations in the Philippines as our initial base feedstock for Biofuel production. The plan records Project 1 - Green CORE (task name) execution linking two refinery websites. The Philippine refinery website 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 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 present 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 personal landowners with sizable plantations have actually been tapped to strengthen our essentially inexhaustible network of feedstock sources. BioEnergy Concepts currently have committed contracts from private landowners and farm cooperatives in excess of 1Million hectares. The regional & regional governments have actually provided letters of intent and collaboration assistance. More partnerships in the Asian area are currently being formed by BCI to guarantee sustainability for the growing demand for Biofuel.