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Sunday, August 23, 2009 1:10:46 PM
Production Strategy
The information listed below is the planned operating strategy that SRE will take in order to satisfy its biodiesel production and distribution phases
Phase 1 - Summer 2009 open blending and distribution facilities in MD, VA, SC, NC, GA and DEL.
- 2009 begin construction of 2.6 million gallon facility in Williamsburg County, SC growing into a 10.4 million gallon plant in 18 months.
- 2009 begin construction of 2.6 million gallon facility in Baltimore County, MD growing into a 10.4 million gallon plant in 18 months.
Phase 2 – 10.4 million gallon facility in Williamsburg County, SC
Phase 3 – 10.4 million gallon facility in Baltimore County, MD
Read More about production strategy...
Economic opportunities for:
Local and state governments interested in attracting businesses and jobs to their communities.
Farmers and farming coops seeking long term land leases and markets for feedstock.
Investors:
Sentinel is always interested in discussing our alternative energy projects with potential investors.
Why invest in biodiesel?
Biodiesel 2020, a widely respected study that tracks US and global markets and worldwide trends in biodiesel industry, has found that the market for biodiesel is poised for explosive growth in the next ten years. Although Europe currently represents 80% of global biodiesel consumption and production, the US is now ramping up production at a faster rate than Europe. With the arrival of 2nd generation biofuels and non-food feed stocks, the study predicts that biodiesel could represent as much as 20% of all on-road diesel used in Brazil, Europe, China, and India by the year 2020.
In 2007, the biodiesel industry supported 21,803 jobs and added over $4 billion to the United States economy. As the industry grows, these numbers are projected to increase substantially.
Biodiesel producers have fixed production costs and low transportation costs and provide economic growth to the farming industry.
Producers and distributors are eligible for a federal and state tax credits, grants, and loans.
Federal and state purchase requirements in Executive Order 13423 guarantee that governments will require a steadily increasing supply of alternative fuel.
Risk Mitigation
SRE minimizes financial risk by ensuring that all planning requirements are met.
We will obtain all necessary permits and licenses.
We will buy the most efficient equipment and maintain warranties on that equipment.
We will have in place fixed prices on feedstock, multiple feedstock suppliers, and long-term purchase agreements.
We will join established feedstock coops when possible.
http://www.sentinelrenewableenergy.com/current-projects.php
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