The global biofuel industry grew at record level over the previous years, drawing in the huge interest of different industries, governments, environmental motions, customers, biofuel business owners and feedstock growers. Market demand will reach an approximated 37 billion gallons by 2016 with an annual growth rate of 42%. A large target of 10% overall fuel usage in the next decade, which represents a great chance for biofuel financial investment initiatives.
The increased in consumer awareness surrounding ecological efforts for energy independence has resulted in a considerable demand and growing usage of Biofuel and Biomass technology including renewable and sustainable energy sources in commercial and consumer applications. BioEnergy Concepts capitalizes on the chances in marketing, sales and distribution 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 manages and directs infrastructure engineering and operations, handles power shipment systems, making use of human capital growth and advancement in transforming sustainable natural deposits into energy. BCI and SJG COREe, Inc. (SJG); a registered Philippine corporation, completely owned subsidiary of BCI, manages all task advancement, execution and upkeep of refinery website operations within the area in addition to item circulation throughout the world.
BioEnergy Concepts optimizes the usage of human and energy capital by coordinating with private landowners and cooperative farmers in tapping arable land with vast coconut plantations in the Philippines as our initial base feedstock for Biofuel production. The plan records Project 1 - Green CORE (task name) execution connecting 2 refinery sites. The Philippine refinery website will handle and develop 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 spin-offs. The Philippine refinery will mainly cover the Asian market while providing adequate feedstock to the US Biofuel refineries. BCI's biofuel production capability is projected to reach 60 million gallons each year at end of 2012, with current capacity 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 enhance our virtually endless network of feedstock sources. BioEnergy Concepts presently have actually dedicated arrangements from private landowners and farm cooperatives in excess of 1Million hectares. The local & regional federal governments have offered 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.