Major new expansions being made with Jatropha Curcas being processed into a clean green biodiesel fuel.
Green Gold Ray Energies Inc. announced today that its biodiesel refinery in Nasipit Port, Agusan del Norte will be opened in the next 90 days. Below is the perspective view of the GRYE Processing & Refinery Plant, capable of producing about 180 million gallons per year (680,400,000 liters per year).
The Research and Development Team of Green Gold Ray Energies has designed a unique biodiesel processing and refining technology that fits best to the Jatropha oil market requirements. The plant is designed to produce high quality biodiesel oil, based on fast enhanced growth, cultivation period, increased production efficiency, reliability and better productivity.
A minimum of 1% by volume shall be blended into all diesel engine fuels within 3 months from the effective date of the Act and will increase to 2% in the next 2 years. The Philippines is in need of 150 million liters of bio diesel per year and that figure is expected to double in the next 5 years.
CEO Tecson says, “There is only one existing biofuel company here in the country, Chemrez Phil., with only 60 million liters production per year, not enough for the country’s bio fuel demand and Chemrez is using coconut oil as feed stock. Food-fuel competition will be their future problem.”
About the Company:
Green Gold Ray Energies, Inc. (PINKSHEETS: GRYE) is a rapidly growing biodiesel, green technology, environmentally friendly and alternative energy company. The Company has already solidified its position through a highly successful land acquisition program, acquiring large parcels of land ideal for the cultivation of the Jatropha plant. Jatropha Curcas grows almost anywhere, even on gravelly, sandy and saline soils. Jatropha oil can be processed to produce a high-quality biodiesel that can be used in a standard diesel car, while the residue can also be processed into biomass to power electricity plants.
Sirona Fuels claims it can make cheap biodiesel with fixed-price agreements for jatropha with farmers in Haiti, India and other emerging nations.
Sirona Fuels wants to move from the fryer to the farm.The small San Francisco-based company â€“ which is holding its coming out part at the National Biodiesel Conference and Expo in San Francisco â€“ says it can make economically competitive biodiesel from jatropha.The company’s strategy essentially revolves around its ability to negotiate. It received a 15 million gallon-a-year refinery and a limited number of customer contracts by purchasing Blue Sky Biofuels, which had been producing biodiesel from waste grease harvested from the multitude of American deep-fat fryers. Thus, the self-funded Sirona is getting into the biodiesel refining industry quickly and inexpensively.
Second, it will ramp down its use of waste grease in favor of jatropha, a shrubby plant most commonly found in India. Jatropha is relatively oily, grows on marginal land and doesn’t need much in the way of water or fertilizer.Â Since it doesn’t compete with food and isn’t typically grown on food ideal for edible crops, jatropha isn’t as subject to commodity price fluctuations as other feedstocks, he claimed.
To get its jatropha, according to CEO Lacrouciere, Sirona is lining up fixed-price agreements with farmers in Haiti, India and Indonesia. Sirona will plant 2,000 acres of jatropha in its pilot-farming project in Haitia. That will result in 600,000 gallons of oil a year, or 300 gallons per acre. Technically, the company doesn’t have contracts with customers. Things like liquidated damages clauses are tough to enforce in emerging nations. But the company is trying to build strong local links, which is even more important. Jatropha is also tough to displace as a crop because it’s a bush. Farmers can’t simply pull it up and switch to another crop.