BioJet International Ltd.
This eMediaKit™ - an electronic media kit - for BioJet International Ltd. contains background information as well as a news archive index (below). BioJet is a leading international supply chain integrator for renewable (bio) jet fuel and related co-products. The Company operates across the supply chain by owning or controlling large quantities of bio-feedstock, developing refining capacity, solving aviation fuel supply logistics, and handling sales to end users. While this is a common business model in the oil industry or other industries, within the worldwide development initiative for renewable jet fuel, BioJet was the first to employ the model and remains a first mover.
The world’s annual consumption of jet fuel (excluding military) is about 2 billion barrels and the International Air Transport Association (IATA) has stated it wants 10% of jet fuel to come from biofuels by 2017. In a move that leads the world, beginning January 1, 2012, 4,000 jet aircraft operators including all airlines must reduce their emissions or face a European Union airport ban.
BioJet’s Mission is to:
- To enable the interface of Bio-SPK, aerospace, and carbon markets.
- To develop the Bio-SPK-to-jet market and markets for related turbine and aerospace applications.
- To provide a cooperative single-point exchange for the worldwide supply and forward purchase of bio jet fuel.
- To develop and implement quality standards and certification.
- To develop the carbon market and become the world leader in carbon credit development of the bio jet fuel application.
- To assist feedstock developers in project financing where production is targeted for jet consumption.
The Company has a strong, experienced management team with a clear strategic vision, and has put in place the management, sales, and logistics infrastructure to achieve effective, rapid growth and increasing profitability. The team markets bio-jet fuel to distributors and end-users for use as aviation fuel, and monetizes co-products it accrues from these sales.
MEDIA ONLY CONTACT:
Jim Pfeil
Sr. V.P. Sales & Distribution
BioJet
jim.pfeil @ biojetcorp.com
+1.805.207.8164
More information for BioJet International Ltd.:
http://www.biojetcorp.com
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DENVER, Colo. and SANTA BARBARA, Calif., Jan. 10, 2012 (SEND2PRESS NEWSWIRE) — The Council of Energy Resource Tribes (CERT) today announced formation of a strategic business relationship with BioJet International. CERT is comprised of 57 sovereign Indian tribes as members. CERT members collectively own and manage more than 30 percent of the coal west of the Mississippi; 40 percent of domestic uranium; and 10 percent of known national oil and gas reserves in the United States.
FILED UNDER: Aerospace and Aviation, Agribusiness, California, Energy, Press Releases.
BARBADOS and SANTA BARBARA, Calif. (SEND2PRESS NEWSWIRE) — BioJet International Ltd. announced that it joins the worldwide Aviation Industry celebrating approval of bio-derived jet fuel for commercial use (ASTM International revised D7566). Concurrent with this approval, and to aid in development of the bio-aviation market, BioJet is releasing One Billion Gallons of Renewable Jet Fuel to long-term contracts.
FILED UNDER: Aerospace and Aviation, Agribusiness, California, Energy, Press Releases.
BARBADOS and MONTEREY, Calif. (SEND2PRESS NEWSWIRE) — BioJet International Ltd. and Abundant Biofuels Corporation announced their merger today. Abundant will become a wholly owned subsidiary of BioJet. Abundant and its affiliates (Abundant Habitats and Abundant Harvests) will continue to operate under the Abundant name and corporate identity.
FILED UNDER: Agribusiness, California, Energy, Mergers and Acquisitions, Press Releases.
BRIDGETOWN, Barbados (SEND2PRESS NEWSWIRE) — BioJet International Ltd. announced today that it has received a US $1.2 Billion funding facility from Cayman based Equity Partners Fund SPC. The funding structure is a 3 year facility; further terms of the funding were not disclosed.
FILED UNDER: Agribusiness, Energy, Funding and Investment, Press Releases.
SANTA BARBARA, Calif. and CINCINNATI, Ohio (SEND2PRESS NEWSWIRE) — BioJet Corporation and Great Plains Oil and Exploration announced today that they have executed a Teaming Agreement for the purpose of producing renewable jet fuels. The companies plan to jointly develop integrated Camelina cultivation and associated refinery projects in the U.S., Europe, South America, and Asia.
FILED UNDER: Energy, Oil and Gas, Press Releases.
SANTA BARBARA, Calif. (SEND2PRESS NEWSWIRE) — BioJet Corporation announced today that it has agreed with the Ecole Polytechnique Federal de Lausanne (EPFL) to serve as the first Pilot project company for the worldwide implementation of the Principles of Sustainability recently approved by the EPFL’s Roundtable on Sustainable Biofuels (RSB).
FILED UNDER: Aerospace and Aviation, Press Releases.
SANTA BARBARA, Calif. (SEND2PRESS NEWSWIRE) — BioJet Corporation (formerly JatrophaBioJet) and E85 LLC jointly announced today that they have executed a Bio-SPK forward contract for the sale by BioJet and the purchase by E85 of 4 million barrels of aviation bio jet fuel. ‘Bio-SPK’ is now the proper aviation industry term for bio jet fuel and the fuel delivered under this contract will meet ASTM International specifications. Other than quantity, the terms of the contract were undisclosed.
FILED UNDER: Energy, Oil and Gas, Press Releases.
SANTA BARBARA, Calif. (SEND2PRESS NEWSWIRE) — Mitch Hawkins, CEO of JatrophaBioJet Corporation announced today founding of the World Biojet Alliance, a worldwide industry non-profit trade group to serve the needs of the rapidly forming Bio Jet Fuel sector. Mr. Hawkins, who will serve as Chairman of the Board of Governors, stated ‘The World Biojet Alliance will be an independent and impartial global organization founded to promote, conduct research, coordinate communications and provide innovative solutions for advanced biofuels used in aviation.’
FILED UNDER: Energy, Oil and Gas, Press Releases.
SANTA BARBARA, Calif., Feb. 24 (SEND2PRESS NEWSWIRE) — JatrophaBioJet Corporation will develop the Jatropha/advanced biofuels market for jet, turbine and aerospace applications. JatrophaBioJet provides a cooperative single point exchange for the worldwide supply and purchase of Jatropha jet fuel and a carbon offset opportunity.
FILED UNDER: Energy, Oil and Gas, Press Releases.
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