Cool model with a lot of potential I came across yesterday (bioenergy pellets)

[MoneyDoc]

You'll be surprised at the amount of opportunities waiting if you look outside your regular sourcing market (China).

Anyways, for those interested in bioenergy or are involved in bioenergy/wood pellets/pellets, I came across a neat model that is very intriguing.

Coffee is one of the largest commodities produced at about 800 million tons annually. 20-30% of this production involves a significant by-product, parchment. Most, if not all, coffee producers burn this parchment to get rid of it or just throw it away which results in high CO2 emissions, pollution, etc.

Now, there's a company in Korea (came across them yesterday), that have recently developed and patented a process (equipment is patented as well) that takes this worthless parchment and converts it to bioenergy pellets that meet all American and European standards. That's right, worthless material into renewable energy.

Currently discussing with my uncle who's really big in the energy sector but I thought I'd share it with you guys as well. Anyways, this isn't up everyone's alley, but for those interested in the company or process, feel free to post here and I'll pm you the link.

Disclaimer: I am in no way associated with this Korean company. I came across them yesterday and thought the process was very intriguing.

 

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[Scot]

You'll be surprised at the amount of opportunities waiting if you look outside your regular sourcing market (China).

Anyways, for those interested in bioenergy or are involved in bioenergy/wood pellets/pellets, I came across a neat model that is very intriguing.

Coffee is one of the largest commodities produced at about 800 million tons annually. 20-30% of this production involves a significant by-product, parchment. Most, if not all, coffee producers burn this parchment to get rid of it or just throw it away which results in high CO2 emissions, pollution, etc.

Now, there's a company in Korea (came across them yesterday), that have recently developed and patented a process (equipment is patented as well) that takes this worthless parchment and converts it to bioenergy pellets that meet all American and European standards. That's right, worthless material into renewable energy.

Currently discussing with my uncle who's really big in the energy sector but I thought I'd share it with you guys as well. Anyways, this isn't up everyone's alley, but for those interested in the company or process, feel free to post here and I'll pm you the link.

Disclaimer: I am in no way associated with this Korean company. I came across them yesterday and thought the process was very intriguing.

I know absolutely nothing about this and energy sources, but it's a good lesson in how to source ideas.

Some of the coolest concepts have come from utilizing the "useless" biproducts from production processes. Whey is a "useless" byproduct from cheese production which is now used in the multimillion dollar supplement industry. In my stat of Florida, orange peels from juice factories are turned into feed for cattle.

There are many more examples I cannot think of. While this opportunity may be perfect for you, for those of use who are still trying to think of that blockbuster idea, think of industries you know or have connections with that have useless waste.

One mans garbage is another man's treasure.

Edited: autocorrect takeover

 

[MoneyDoc]

I know absolutely nothing about this and energy sources, but it's a good lesson in how to source ideas.

Some of the coolest concepts have come from utilizing the "useless" biproducts from production processes. Whey is a "useless" byproduct from cheese production which is now used in the multimillion dollar supplement industry. In my stat of Florida, orange peels from juice factories are turned into feed for cattle.

There are many more examples I cannot think of. While this opportunity may be perfect for you, for those of use who are still trying to think of that blockbuster idea, think of industries you know or have connections with that have useless waste.

One mans garbage is another Armand treasure.

Couldn't have said it better myself. Another example is coffee fruit. Once they take the seeds, the fruit are thrown away. There's a company that takes these fruit, dry it, and turn it into flour (Coffee Flour - company)... just amazing.

 

[xmartel]

If I remember my history right. Gasoline was once a useless byproduct as well.

 

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[soso]

Hi Money Doc,

thanks for the info, could i get that link pls?

ta