What is the company’s purpose? BioMarine Fuels, Inc is developing a revolutionary system to grow commercial quantities of marine algae, which when processed, will produce various combustible fuels for use in the trucking, automobile, airline, and chemicals for pharmacology, human/animal nutrition, and the cosmetic industry.
What is the company’s overall strategy and objectives? BioMarine Fuels process will convert waste Co2 gas, which pollutes the earth’s atmosphere, into a sustainable and renewable “organic” fuel oil, which will provide the USA and the world with a new, inexhaustible energy source.
What is the problem our product or service solves? C02 pollution from processing, refineries and power plants will become the essential feed stock for potentially producing millions of barrels per day of environmentally friendly algae biofuel energy.
Why will customers pay for our product or service? BioMarine Fuels liquid energy plants will be cleaning up the emissions from various Co2 producing industries and converting millions of cubic yards of waste gas pollution byproducts into high valued liquid fuels at a cost less than $2.00 per gallon-refined.
What are the important features and benefits of your product/service? Our energy producing systems will assist in the reduction of Global Warming and pollution while producing an inexhaustible source of an amazing new liquid fuel utilizing solar energy, and photosynthesis.
What is the company’s intellectual property position? BioMarine and its associates hold patent rights, copyrights, trade secrets, special production skills & proprietary know-how.
What are the relevant environmental or regulatory issues the company may face and how they will be addressed? This technology and the products created will be welcomed by the US EPA and all US and foreign governments, all power producing, refineries and processing plants that are now using hydrocarbon based fuel as coal, natural gas and liquid fuels which are pumping environmentally harmful Co2 gas into the earth’s atmosphere. The net effect of this new technology, when fully developed, could substantially reduce global warming and harmful pollution issues created by combustion of hydrocarbon fuels while transforming industry Co2 waste byproducts into a low cost liquid fuel that can be use in automobiles, trucks and airplanes or power production and pharmaceutical, cosmetics, plastics and many other previously hydrocarbon based industries. What are the addressable market(s) in which we intend to compete, including total size, projected growth, and key trends? Every refinery, power plant or production unit burning hydrocarbon fuels in the USA that are emitting Co2 gas into the atmosphere.
What is the profile of our customer Sales/Marketing Strategy? Build the first commercial algae fuel project in Galveston, Texas, which will demonstrate the system and technology to the US industrial complex located in the Southern Gulf of Mexico region.
What is our market strategy? This is pull marketing, whereby a successful algae fuel plant situated on the coast of the Gulf of Mexico will sell itself by demonstration of a successful technology & financial track record.
How do we intend to capture market share? Build one of the first commercially viable algae fuel producing plants in the USA than control of patented designs and trade secrets, which will drive and hold our markets
How much do we intend on capturing? By building 800 to 8000 barrel per day production plants producing 25% to 50% of all algae fuel products produced in the southern United States by protected technology.
What are our channels of distribution? Business Model: TBD How do we intend to generate revenue? From the creation of renewable, sustainable and inexhaustible biofuel energy production plants that will supply fuels and chemicals that cost less that $2.00 per gallon.
Do we have any competitors? No commercial competitors.
How do you describe the competition? There are no major commercial competitors yet in the Gulf of Mexico region that have refined commercial algae fuel technology.
How do we compare our product to those of our competition in terms of price, quality, market position, etc? Most other algae fuel production technology is in the research stage using pond culture or are not yet commercially viable.
What are the company’s unique capabilities? BioMarine Fuels Inc. is ready to launce commercial scale 800 plus barrels per day algae biofuel production plants in 2009 that are capable of producing fuel and oil based chemicals at less that $2.00 per gallon while cleaning Co2 emissions from the surrounding processing and energy production industries.
What makes our company different? Its world wide patents owned by the company president in commercial algae fuel technology production from land based and Gulf of Mexico platform based production plants and its position to bring proven algae fuel systems to the USA.
Does our company have a special, sustainable, competitive advantage.? Years of patient and demanding research by the principals of BioMarine Fuels in their visionary efforts to combine marine based energy development has created one of the worlds premier technologies for utilizing solar energy with an special phytoplankton organic catalyst that converts waste Co2 gas into low cost organic oils, fuels and chemicals which, when manufactured and burned produces far less pollution than any other form of energy biomass per energy unit. |