The global biofuel market grew at record level over the past years, bring in the huge interest of numerous industries, federal governments, environmental motions, 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% total fuel consumption in the next years, which represents a fantastic opportunity for biofuel investment initiatives.
The increased in customer awareness surrounding ecological efforts for energy independence has caused a considerable demand and growing usage of Biofuel and Biomass technology consisting of renewable and sustainable energy sources in business and customer applications. BioEnergy Concepts capitalizes on the opportunities in marketing, sales and circulation 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 delivery systems, using human capital development and advancement in transforming sustainable natural resources into energy. BCI and SJG COREe, Inc. (SJG); a signed up Philippine corporation, entirely owned subsidiary of BCI, controls all task development, implementation and maintenance of refinery site operations within the area as well as item distribution throughout the world.
BioEnergy Concepts enhances the use of human and energy capital by coordinating with private landowners and cooperative farmers in tapping arable land with huge coconut plantations in the Philippines as our preliminary base feedstock for Biofuel production. The strategy catches Project 1 - Green CORE (project name) application connecting 2 refinery sites. The Philippine refinery website will manage and establish minimum rented 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 supplying sufficient 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 existing capability at 15 million gallons per year.
Coconut, the most flexible of all crops, is plentiful in the Philippines with over 3 million trees, and personal landowners with substantial plantations have been tapped to enhance our practically limitless network of feedstock sources. BioEnergy Concepts presently have actually dedicated arrangements from personal landowners and farm cooperatives in excess of 1Million hectares. The local & regional governments have offered letters of intent and collaboration assistance. More partnerships in the Asian region are presently being formed by BCI to make sure sustainability for the growing need for Biofuel.