yep and i maybe already posted the name of the Co. that it wil be .. there are not too many co. that use "percentage of food, plant and fat based bioenergy"
read this:
EMLL in Talks with BioFuels Provider
US - El Maniel International Inc, through its subsidiary EMLL Energy Limited, has entered into preliminary discussions with a Chicago based Biofuels Distributor and Oil Terminal Operator with proven success in delivering cleaner oil and fuel sources using a percentage of food, plant and fat based bioenergy. The discussions are part of an overall renewable energy initiative set forth by EMLL to engage in clean fuel technology via a portion of their facilities in Eastern Pennsylvania.
"Biofuels are extremely beneficial to the environment while at the same time, a very lucrative industry in line with global goals to engage in development and utilisation of clean energy and technology solutions," said Jamie Khoo, CEO of EMLL.
"We are currently working to identify the right partners to work with in implementing our facilities as part of a biodiesel partner's distribution network in servicing surrounding communities."
According to The Clean Energy Trends Report 2010, which includes growth projections for the major clean-energy sectors (solar PV, wind, and biofuels), as well as global clean-tech investment and jobs data, combined global revenue for the three major clean-energy sectors - solar photovoltaic (PV), wind power, and biofuels - grew by 11.4 per cent over 2008, reaching $139.1 billion in 2009. These three sectors are expected to reach $325.9 billion by 2019.
As well, the global production and wholesale pricing of ethanol and biodiesel reached $44.9 billion in 2009 and is projected to grow to $112.5 billion by 2019. In 2009, the biofuels market consisted of more than 23.6 billion gallons of ethanol and biodiesel production worldwide.
Lastly, the report finds that U.S.-based venture capital investments in energy technologies declined from $3.2 billion in 2008 to $2.2 billion in 2009. However, clean energy's percentage of total US venture capital investments continued to rise, accounting for 12.5 per cent of total activity in 2009. This represented the largest share in the history of the clean-energy asset class.
Aside from the positive financial outlook, USDA and DOE reports that soy-based biodiesel reduces net carbon dioxide by 78 per cent and mitigates overall carbon monoxide, sulfur, unburned hydrocarbons and harmful particle matter.
"The use of biodiesel is great for the American economy too: it reduces dependence on foreign oil and is tremendously cost-effective to produce," said Mr Khoo.
EMLL and the Chicago-based provider had exchanged preliminary information and formalities sufficient to move forward with a site visit to the oil terminal facility in the coming days to assess its overall potential accordingly.
"We will post updates via public release promptly in these next steps which we feel are more than promising," said Jamie Khoo.
"We had also secured a new media provider to work on a new corporate website, with attempts to communicate the profile and progress of our projects in hand with substantial asset overviews, current pictures, investor relations portals, news updates and more. We are expediting this process towards collective benefit, particularly in terms of sharing overall progress and corporate accessibility and investors are advised to stay tuned for latest updates." TheBioenergySite News Desk
New Benefuel Refinery Targets Key Flaws in Biodiesel Production. Technology Processes Animal Fats, Uses No Water, Produces Pure Glycerin. CHICAGO and SEYMOUR, Ind., Oct. 10 /PRNewswire/ -- Benefuel, Inc., a new-generation biodiesel refining and distribution company, announced today that it will build the world's first industrial-scale biodiesel refinery leveraging a novel solid catalyst that converts low-grade fats and vegetable oils into biodiesel.
The plant, planned to be located in Seymour, Ind., eliminates the need for water in the refining process and produces a market-ready glycerin by-product. Benefuel, a Chicago-based manufacturer of the industry's most advanced biodiesel refinery, in partnership with Seymour Biofuels LLC, based in Indiana, plans to construct a 10-million gallon biodiesel plant that uses Benefuel's solid, acid catalyst. The catalyst, developed in collaboration with leading chemical engineers from India's prestigious National Chemical Laboratory, can turn virtually any vegetable oil or high free fatty acid (FFA) animal fat directly into biodiesel without the need for costly pre-processing.
"This is a great leap forward for the entire biodiesel industry, and an exciting development for Indiana's farmers and transportation companies," said Rob Tripp, CEO of Benefuel, Inc. "Biodiesel refiners have been looking for a breakthrough that reduces feedstock costs, addresses waste glycerin disposal, eliminates caustics in the processing stream and reduces the environmental impact typically associated with producing biodiesel. The economic benefits of a solid catalyst refinery far exceed those of conventional refineries, dramatically increasing operating margins to create a major shift in how the world produces biodiesel." Thanks to the unique nature of the Benefuel catalyst, the operators of the new Seymour plant will realize significant production savings through the purchase of the lowest-cost feedstock. As an added economic benefit, the glycerin by-product of the Seymour refinery will have an initial purity of more than 98%, making it market-ready for use in other applications. "You couldn't ask for a better location for this facility than right here in the heart of soy country," said James Galyen, a partner in Seymour Biofuels LLC. "The flexibility and simplicity of the Benefuel refinery will allow us to process a much broader range of feedstock in a much more profitable and environmentally friendly way. The valuable glycerin commodity and use of local feedstock will make this plant a model for distributed fuel production. This brings our energy supply back home."Officials with both companies expect to begin production later in 2008. About Benefuel, Inc. Benefuel, Inc. is a new-generation biodiesel refining and distribution company whose streamlined production process allows for distributed and scalable biodiesel plants that leverage local resources, enable cost advantages for producers and distributors, and facilitate expansion of the biofuels market. Benefuel's proprietary catalytic technology – developed by a world-leading chemical engineering laboratory -- eliminates the need for washing biodiesel in the refining process and expands the range of viable feedstock options to include high FFA animal fats, crude vegetable oils and waste oils, thus reducing the environmental footprint of biodiesel production and ensuring consistent access to feedstock across developing markets. Benefuel's refining process yields a market-ready, 98% or higher, pure glycerin -- eliminating the crude glycerin waste stream typically found in biodiesel production today and generating significant additional revenue. About Seymour BioFuels LLC Seymour BioFuels LLC is a closely held renewable energy investment company. It has completed a feasibility study and plans to construct a new biodiesel facility in Seymour, Ind. Benefuel's patented technology will allow Seymour BioFuels to use multiple feedstocks and produce a premium, environmentally friendly source of energy. The city of Seymour was selected as the site for the plant because of its access to rail and interstate, as well as its access to local agriculture to be used for feedstock. Seymour BioFuels plans to market its end product to local distributors, thereby eliminating costs associated with bringing in fuel from outside sources. Seymour BioFuels is in the process of securing funding to begin construction of the new plant.