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Global Energy Pacific, a Nevada, United States
based international company run by Israeli experts, has launched a bio-diesel
factory in southern Ethiopia
on Friday, November 2, 2007.
When the company’s project that has four components begins production, it
will have the capacity of producing 250 tons of fuel each day from caster
beans and jantropha, which easily grow in the
Southern Nations, Nationalities and Peoples’ Region (SNNPR)
of Ethiopia.
“By March our project will create additional income for 10,000 families in
the region without causing displacement,” says Mr. Yanai
Man, Chief Executive Officer (CEO) of Global Energy
Pacific Ltd and Global Energy Ethiopia.
The first component of the project, the processing factory, is implemented on
15 hectares.
Global Energy will also establish a modern farm on 30,000 hectares
of state land as its second component. The company will also buy seeds from
farmers and introduce community farming as its third and fourth components.
Global Energy Ethiopia Ltd was registered few months ago with an investment
capital of 222 mln birr (around 23 mln USD) to be engaged in
farming and processing oil seeds and extraction of bio-diesel.
According to Mr. Yanai Man, the company is
currently dealing with the Development Bank of Ethiopia
for financing its expansion project in Ethiopia. The launching of Global
Energy’s project in Ethiopia
has followed its receiving of 1.5 mln USD pursuant to up to 4 mln USD financing from YA Global Investments.
Following this financing, this week on October 29, 2007, Asi
Shalgi, CEO of Global
Energy Inc, said: “YA Global’s team performed an
extensive due diligence study of the KDV
technology, provided with a report endorsing the KDV
technology. This report coupled with YA Global’s
investment in Global Energy Inc of funding and intellectual prowess,
certainly reinforce my commitment to bring the Company to its fullest
potential.”
Global Energy’s mission is to commercialize innovative technologies which
produce energy from waste and renewable sources, while contributing to a vision
of a cleaner environment. Global Energy intends to use the most efficient and
environmentally friendly of all currently available alternative fuel
technologies, each originally developed and patented by acclaimed scientists.
In 5 years, Global Energy intends to develop, build and operate 20 energy
processing plants, capable of producing 10,000 liters
of mineral diesel oil per hour each, all based on the environmentally
friendly KDV technology.
Global Energy intends on developing energy processing plants utilizing a
proprietary technology called KDV, developed by
Alpha Kat and its owner Dr Christian Koch. This technology can convert
different types of Municipal Solid Waste (MSW) into
mineral diesel oil.
The process is applicable to biomass waste and any waste containing
hydrocarbons. The KDV process can be readily
applied to MSW including plastic, rubber, paper and
cardboard waste all of which can be converted to mineral diesel.
In addition, the technology can be applied to refinery residuals - such as Petcock,
Tar and paraffin which cannot be used today and the disposal of which harms
the environment and is very expensive to neutralize.
It also applies to used oil from engines, organic
wastes, sewerage sludge and animal manures and all types of waste Biomass,
including such items as the body plant of the corn when extracting oil from
the seeds, sunflowers and any other crop where significant amounts of Biomass
remain in the field after harvesting the food parts. Furthermore, glycerin-bio-diesel plants produce glycerin,
30% of which can be converted to saleable mineral diesel.
The company is negotiating with various companies in Europe
to supply them the 40,000 tons of bio-diesel it will produce annually. With
the long term objective of liberating the world from crude oil dependency,
the European Union plans all member states’ transport fuels to use ten per
cent of bio-fuels by 2020.
Contrary to the EU plan, on Friday November 2,
2007, Oxfam warned that the plan could be disastrous for poor people.
According to Oxfam, in order to meet the substantial increase in demand, the EU will have to import bio-fuels made from crops like
sugar cane and palm oil from developing countries.
“But the rush by big companies and governments in countries such as
Indonesia, Colombia, Brazil, Tanzania and Malaysia to win a slice of the ‘EU bio-fuel pie’ threatens to force poor people from
their land, destroy their livelihoods, lead to the exploitation of workers
and hurt the availability and affordability of food.”
“In the scramble to supply the EU and the rest of
the world with bio-fuels, poor people are getting trampled. The EU proposals as they stand will exacerbate the problem. It
is unacceptable that poor people in developing countries should bear the cost
of questionable attempts to cut emissions in Europe,”
said Robert Bailey of Oxfam.
“Decisions on bio-fuels made in Europe are directly affecting millions of
people in Indonesia.
In the relentless pursuit of bio-fuel gold, big powerful palm oil companies
are callously clearing communities from land they have farmed for
generations, workers and small holders are shamefully exploited and we are
losing valuable agricultural land to grow the food we need to feed ourselves
and make a living. The proposed EU policy will only
make this worse – pushing more people into poverty and concentrating land in
the hands of a few.”
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