Compensated Awareness Post View
Disclaimer
Methes Energies International Ltd. (MEIL) Advanced Biodiesel Production Hardware, Comprehensive Software, Engineering and Support Spells Success
Methes Energies has devised a unique model for capturing growth in the biodiesel field, combining fully automated biodiesel processing hardware that has a small footprint/form factor and can handle a wide range of feedstocks to produce high-quality B100 fuel grades (100% biodiesel), with low-cost, in-house production of fuel using their own hardware. Unit sales of production hardware, to a market seeing increasing numbers of entrants, as well as new facilities each year, continues to drive the business forward and the company’s reputation gets better with each unit sold.
The company’s two primary hardware offerings to aspiring biodiesel producers are the Denami 600 (1.3M gallons per year) and the Denami 3000 (6.5M gal./year) models, which are capable of producing ASTM quality biodiesel (American Society for Testing and Materials). The company’s engineering team is so proficient they can pump out a new unit in just 16-20 weeks and the modularity of these units naturally lends itself to either new operations or operational expansion. Moreover, MEIL provides the kind of robust engineering support that can take customers from plant design and management determinations, through to any additional equipment or troubleshooting required, giving customers the ability to develop a facility-tailored solution that is right for their operational and expansion goals. The Denami series and associated support provided by MEIL is perfect for all types of customers. Small entities like an individual, corporation or municipality (many of whom already use a considerable amount of biodiesel) that want a “pipe to pipe” solution covering processing capability, lab equipment, and an environmental checklist, as well as the installation, personnel training, and long-term maintenance, are well-served by MEIL. Larger entities, who are seeking a production line and/or turn-key solution, will also find MEIL to be the ideal partner.
The company even offers full-spectrum business management software to handle all aspects typical among producers, from audit-friendly feedstock and biodiesel product tracking, to BQ-9000® standards compliance under NABE guidelines via BQ9000 LIMS (Laboratory Information Management System). Producers can do everything from logging maintenance and calibration done on their equipment, to handling sales and invoicing with this software platform, making the BQ-9000 producer and marketer validation process a snap. The platform is even fully integrated with accounting and can be accessed from any device, at anytime, day or night.
Methes itself was pleased to announce recently (May 22) that they have received the coveted BQ-9000 Producer and Marketer status from the NBAC (National Biodiesel Accreditation Commission), comfortably meeting the accreditation requirements set forth by this fusion of ASTM standards and ASTM D6751 (specs for B100 to be blended with middle distillates like kerosene or diesel), as well as a thorough quality control battery that spans distribution, fuel management practices, sampling and sample retention, in addition to shipping, storage, and testing. Given the relatively low number of NBAC-approved operations which are simultaneously accredited as both a producer and marketer, this was a big win for MEIL, reinforcing their prominence in the sector and signaling to customers and investors alike that the company’s automated, continuous flow, state-of-the-art biodiesel processors are a force to be reckoned with.
It is no surprise that biodiesel has really come into its own in recent years, what with mounting demand for energy throughout the developed and developing world, combined with increasing competition for fossil fuels. The drive to develop the infrastructure for a more sustainable, stable supply of fuel like biodiesel is accelerating and the US military in particular continues to be a leading force within this component vector, having an impressive biofuels program that cuts across all branches. The U.S. Navy’s plan to put an entire biofuel fleet in the water in 2016, called the Great Green Fleet (complete with destroyers, helicopters, jets and other ships), is a perfect example of how the U.S. military is a driving force in the sector and the DOD has set a 2016 capacity target of 150M gallons, creating an abundance of capital flow that is largely earmarked for producers to construct biofuel refineries.
The company recently closed (May 27) a public offering of common stock and plans to use the proceeds primarily to expand production capacity of high-grade, low-cost B100 at their main plant up in Sombra, Ontario. While other renewable energy forms have shown great potential, the economics and adaptability/flexibility of biodiesel, which can be generated from a wide range of feedstocks using the proper hardware (including non-food sources), presents a tremendous opportunity, especially when you consider that all the infrastructure is already essentially in place for transportation and the like. MEIL has the production angle down pat with the hardware and software, as well as R&D and support services needed to continue growing rapidly. Investors can expect to hear big things from the company as more and more producers pile into the market looking for top of the line production hardware like the company’s Denami series.
