Energy Production and Product Development
Our objective is to be the leading producer of renewable "green" energy in Hawai'i and other niche markets we target. We intend the the Kaua'i facility to provide a significant amount of “green energy" for Kaua'i Island Utility Cooperative (KIUC) and additional renewable fuel for blending in diesel or stand-alone turbines for electricity production by the Company or KIUC or third-party use. We also intend for the facility ultimately to provide 100% of Kaua'i’s ethanol requirements for motor fuel blending, eliminating the need for future imports of ethanol and the resulting drain on the Kaua'i economy. We believe strongly in the growing demand for green energy, including electricity, f
uel ethanol, biodiesel, solar, wind, and other emerging technologies in the Hawaiian market. We intend to produce both green electricity and green motor fuels. We intend to target similar markets where we will enjoy distinct competitive advantages.
Ethanol Marketing
The Company has historically marketed fuel ethanol throughout the Western United States in collaboration ED&F Man Holdings Ltd. and its affiliates, a major world
trader in soft commodities such as sugar, molasses, coffee, alcohol, and cocoa. Ethanol marketed by the Company is primarily marketed for use as an octane enhancer, fuel extender, and oxygenate. The preferred target markets for the Company are those that regularly provide the highest net return, though growing ethanol demand in the United States has opened additional and broader market opportunities. The Company and its commercial partners maintain close relationships with all major oil companies, including ChevronTexaco, Tesoro, and Shell.