The global biofuel market grew at record level over the previous decade, attracting the vast interest of various industries, governments, ecological movements, consumers, biofuel entrepreneurs and feedstock growers. Market demand will reach an estimated 37 billion gallons by 2016 with a yearly development rate of 42%. A hefty target of 10% overall fuel intake in the next decade, which represents a fantastic chance for biofuel financial investment efforts.
The increased in customer awareness surrounding ecological efforts for energy independence has resulted in a substantial need and growing consumption of Biofuel and Biomass technology consisting of sustainable and sustainable energy sources in business and consumer applications. BioEnergy Concepts profits from 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 shipment systems, utilizing human capital development and advancement in converting sustainable natural resources into energy. BCI and SJG COREe, Inc. (SJG); a registered Philippine corporation, completely owned subsidiary of BCI, controls all job advancement, application and upkeep of refinery site operations within the region in addition to product circulation throughout the world.
BioEnergy Concepts optimizes using human and energy capital by coordinating with private landowners and cooperative farmers in tapping arable land with large coconut plantations in the Philippines as our initial base feedstock for Biofuel production. The strategy records Project 1 - Green CORE (project name) implementation linking 2 refinery websites. The Philippine refinery site 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 by-products. The Philippine refinery will mostly cover the Asian market while supplying adequate 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 capacity at 15 million gallons each year.
Coconut, the most flexible of all crops, is plentiful in the Philippines with over 3 million trees, and personal landowners with sizable plantations have been tapped to strengthen our essentially inexhaustible network of feedstock sources. BioEnergy Concepts currently have actually committed contracts from private landowners and farm cooperatives in excess of 1Million hectares. The regional & regional federal governments have actually supplied letters of intent and collaboration assistance. More partnerships in the Asian region are currently being formed by BCI to guarantee sustainability for the need for Biofuel.