Global Clean Energy Holdings Inc. (GCEH)

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1 year ago, Nov 2018:

Global camelina oil market: Increasing demand for biofuels
There has been an increasing demand for and production of renewable fuels and biofuels because of rising environmental concerns, such as greenhouse effect and concerns related to fossil fuels. This has made camelina seed crops an attractive option for biofuel production. Camelina oil is extracted out of camelina seeds, which are known to have up to 45% oil content. In the US, manufacturers like Sustainable Oils have started producing jet fuel extracted out of camelina seeds. Camelina-based jet fuel oil has all the features required for military and aviation-based flights. This blend of camelina fuel reduces carbon emissions by 75%-80% as compared to petroleum products. Therefore, increasing demand for biofuel and rising environmental concerns are projected to bring a positive trend to the global camelina oil market.
“Apart from the increasing demand for biofuels, other factors such as health benefits of camelina oil, rising demand for functional foods, and emergence of online grocery stores are expected to contribute largely to the growth of the market,” says a senior analyst at Technavio

https://www.businesswire.com/news/home/20181129005416/en/Global-Camelina-Oil-Market-2018-2022-Increasing-Demand

May 2020 be our year - We own Sustainable Oils. We're certified with the US Gov to produce jet-fuel. Mater fact, we're the only certified company to create it.


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