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What is American Bio Energy?
American Bio Energy (ABE) is a corporation located in central Ohio that will produce
an alternative fuels, in particular, biodiesel. In simple terms,
ABE will make biodiesel from multiple
sources such as soybean oil, canola oil, palm kernel oil, recycled
fryer oil and other sources. ABE will blend biodiesel with
petroleum-based diesel fuel, and sell to distributors and
consumers alike. When complete, ABE’s facility will be one of the
first of its kind in the American Mid-West, and one of the largest in
North America. Essentially, ABE will build a continuous process,
multi-feedstock, biodiesel production, blending and distribution
facility.
ABE produced Biodiesel will be good for the
environment. It will keep American farmers busy growing and
selling crops. It will lessen America’s dependence
on foreign sources
of oil. And the best part - it will be cheaper than the petroleum-based
diesel fuel currently available because of a large-scale production
facility.
In addition, ABE will continue to develop the biodiesel product lines and
explore new technologies to improve biodiesel production. ABE will also
endeavor to bring other alternative energy sources, such as more efficient
ethanol fuel and hydrogen-based fuel to market.
The Problem
The United States consumes about 90 billion gallons of diesel fuel
per year with an average growth of about 7% every 12 months. Higher
and higher prices in petroleum-based diesel fuel are being reached
daily. These high prices are primarily driven by an irreversible
increase in world demand. These high prices combined with new
pollution standards, tax incentives and other government actions is
making the production and use of alternative fuels more and more
attractive.
Unlike many of the new alternative fuels like
hydrogen, biodiesel is ready today: government standards have been
propagated through the industry and industry buy-in is established.
Biodiesel is 100% compatible with the existing infrastructure.
Biodiesel can be transported with the same methods as petroleum-based
diesel, and it can be used to fuel any modern diesel engine.
Additionally, biodiesel reduces harmful emissions by 73%. Biodiesel
will not be the final product for securing the world’s future energy
needs, but is a 100% compatible, lower cost alternative, and it is
deliverable today.
How ABE Will Help Fix it
ABE will initially produce, blend and distribute biodiesel fuel.
ABE will be unique among the growing number of alternative energy
companies by focusing on a few major areas – Technology of development,
distribution and cost management; Partnerships with crop producers and
consumers such as trucking companies; and the ability to replicate the
process in other locations around the globe, resulting in a distributed
production model that meets the needs of energy security and the ability
to cut transportation costs.
ABE plans to build a 30 million gallon production facility and two
retail outlets near central Ohio. A site has been selected for its
access to I-70, major state routes, and rail lines. There are
currently no large-scale continuous process biodiesel production
facilities in the Mid-West. Strategically locating production
facilities along major transportation lines will allow ABE to
establish a large customer base almost immediately. ABE plans on
marketing biodiesel to local school systems, local farmers,
government agencies, local distributors, trucking fleets, and area consumers for at
least 15% below the cost of petroleum-based diesel.
To make this a reality, ABE requires additional
funding to secure land, facilities, and equipment for the production and
distribution of biodiesel and the ability to conduct research to improve upon
the biodiesel product lines. If you are interested in helping to support ABE,
please contact us.
Here at ABE, we believe we will be successful in
creating a sustainable business. The timing is right for a biodiesel
product, ABE has an implementation plan that is financially sound and
actionable, and ABE has gathered the right people to execute the plan
and bring the idea to fruition.
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