The global biofuel market grew at record level over the previous years, attracting the vast interest of different markets, governments, environmental movements, customers, biofuel entrepreneurs and feedstock growers. Market need will reach an estimated 37 billion gallons by 2016 with an annual growth rate of 42%. A significant target of 10% overall fuel intake in the next years, which represents a fantastic chance for biofuel financial investment efforts.
The increased in customer awareness surrounding ecological efforts for energy independence has led to a significant demand and growing consumption of Biofuel and Biomass innovation consisting of sustainable and sustainable energy sources in business and consumer applications. BioEnergy Concepts takes advantage of 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 personal stock corporation that controls and directs infrastructure engineering and operations, handles power shipment systems, making use of human capital growth and advancement in converting sustainable natural resources into energy. BCI and SJG COREe, Inc. (SJG); a signed up Philippine corporation, wholly owned subsidiary of BCI, manages all project advancement, application and maintenance of refinery site operations within the area along with product circulation throughout the world.
BioEnergy Concepts optimizes 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 strategy records Project 1 - Green CORE (project name) implementation connecting two refinery websites. 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 by-products. The Philippine refinery will primarily cover the Asian market while supplying sufficient 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 existing capacity at 15 million gallons annually.
Coconut, the most flexible of all crops, is plentiful in the Philippines with over 3 million trees, and private landowners with substantial plantations have been tapped to reinforce our practically inexhaustible network of feedstock sources. BioEnergy Concepts presently have actually dedicated agreements from personal landowners and farm cooperatives in excess of 1Million hectares. The local & local federal governments have supplied letters of intent and collaboration support. More partnerships in the Asian area are currently being formed by BCI to guarantee sustainability for the growing need for Biofuel.