The global biofuel market grew at record level over the past decade, drawing in the large interest of numerous markets, governments, environmental movements, consumers, biofuel business owners and feedstock growers. Market need will reach an approximated 37 billion gallons by 2016 with a yearly development rate of 42%. A substantial target of 10% overall fuel intake in the next decade, which represents a fantastic opportunity for biofuel investment initiatives.
The increased in customer awareness surrounding environmental initiatives for energy independence has led to a substantial demand and growing intake of Biofuel and Biomass innovation consisting of renewable and sustainable energy sources in commercial and consumer applications. BioEnergy Concepts profits from the chances 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 private stock corporation that controls and directs infrastructure engineering and operations, handles power shipment systems, utilizing human capital development and advancement in transforming sustainable natural deposits into energy. BCI and SJG COREe, Inc. (SJG); a signed up Philippine corporation, entirely owned subsidiary of BCI, controls all job development, application and upkeep of refinery website operations within the region as well as product distribution throughout the world.
BioEnergy Concepts enhances using human and energy capital by partnering with personal landowners and cooperative farmers in tapping arable land with vast coconut plantations in the Philippines as our preliminary base feedstock for Biofuel production. The strategy records Project 1 - Green CORE (job name) application connecting two refinery websites. The Philippine refinery site will manage and develop minimum leased landholdings of 300,000 hectares of existing coconut plantation as feedstock source for the production of Biofuel (B100/Biodiesel), Glycerin and crude coconut oil by-products. The Philippine refinery will mainly 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 annually at end of 2012, with current capacity at 15 million gallons per year.
Coconut, the most flexible 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 virtually inexhaustible network of feedstock sources. BioEnergy Concepts currently have actually dedicated arrangements from personal landowners and farm cooperatives in excess of 1Million hectares. The regional & local governments have actually provided letters of intent and collaboration assistance. More collaborations in the Asian region are presently being formed by BCI to guarantee sustainability for the growing demand for Biofuel.