Low Cost Method for Production of Bio Diesel Developed
LOS ANGELES - BioGold Fuels Corporation has developed a low cost, high output system for producing Bio-Diesel to supply the one hundred billion dollar per year U.S. market for Bio-Diesel fuel.
BioGold Fuels Corporation has developed a low cost method of producing diesel fuel and other types of energy derived from municipal solid waste (MSW) and other types of waste.While other producers of bio-fuels and renewable fuels pay up to 60% of the sales price for raw materials, BioGold will get its raw material free of charge, and in fact, actually get paid fees for disposing of the waste. BioGold Fuels separates the MSW into raw materials, organic waste, and inorganic waste.
The majority of the organic waste is converted into Bio-Diesel, synthetic gas, or energy, while the remaining materials can be sold for scrap or other by-products. The company is paid a 'tipping fee' from the companies that need to dispose of this waste. This results in multiple revenue streams for BioGold and drastically reduces or eliminates any remaining trash that would be dumped into a landfill.
About BioGold Fuels Corporation; seeking to develop, acquire, license and commercialize patented and proprietary technologies that its management believes will allow a significant amount of municipal solid waste to be recycled into synthetic diesel fuel and other renewable fuels to address the multi-billion dollar diesel fuel market in the United States and the world.
A major component of MSW is paper-based material, hydrocarbon-based material, and other high-energy value feedstocks.