The global biofuel industry grew at record level over the past years, attracting the huge interest of different industries, federal governments, environmental movements, consumers, 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% total fuel intake in the next years, which represents a great chance for biofuel investment initiatives.
The increased in consumer awareness surrounding ecological efforts for energy self-reliance has caused a considerable need and growing usage of Biofuel and Biomass innovation including renewable and sustainable energy sources in commercial and customer applications. BioEnergy Concepts capitalizes on 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 facilities engineering and operations, handles power shipment systems, utilizing human capital growth and development in transforming sustainable natural deposits into energy. BCI and SJG COREe, Inc. (SJG); a registered Philippine corporation, completely owned subsidiary of BCI, controls all job development, execution and upkeep of refinery site operations within the region along with item circulation throughout the world.
BioEnergy Concepts enhances using human and energy capital by partnering with personal 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 records Project 1 - Green CORE (project name) application linking 2 refinery sites. The Philippine refinery website will handle 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 spin-offs. The Philippine refinery will mainly cover the Asian market while supplying adequate feedstock to the US Biofuel refineries. BCI's biofuel production capability is forecasted to reach 60 million gallons each year at end of 2012, with current capability at 15 million gallons each year.
Coconut, the most flexible of all crops, is plentiful in the Philippines with over 3 million trees, and private landowners with large plantations have actually been tapped to strengthen our virtually endless network of feedstock sources. BioEnergy Concepts currently have actually devoted contracts from private landowners and farm cooperatives in excess of 1Million hectares. The regional & local federal governments have actually provided letters of intent and collaboration assistance. More collaborations in the Asian region are currently being formed by BCI to make sure sustainability for the growing need for Biofuel.