Profile: Global Clean Energy Holdings Inc (GCEH.PK)
24 Nov 2015
Global Clean Energy Holdings, Inc., incorporated on, July 13, 2010, is engaged in energy agri-business focused on the development of non-food based bio-feedstock. The Company's principal business activities include the planting, cultivation, harvesting and processing of these oil seed plants to generate plant based oils and biomass for use in the biofuels industry, including the production of bio-jet, biodiesel and green diesel and renewable chemicals. The Company has in-house development and operations capabilities, which provides support to its own biofuel energy farms and to third parties. The Company is focused on the commercialization of non-food based oilseed plants and biomass. The Company is engaged in the development of farms growing Jatropha curcas (Jatropha), a non-edible plant indigenous to tropical and sub-tropical regions of the world, including Mexico, the Caribbean and Central America and cultivation of Camelina sativa (Camelina), an annual plant from the brassica family grown in northerly regions of the United States, Europe and Asia. Both Jatropha and Camelina oil are plant oils used as direct substitutes for fossil fuels and as feedstock for the production of biofuels and other bio-based products.
The Company owns three farms through joint venture arrangements with a third party partner. The Company's farm in Mexico (Asideros 1), consists of approximately 5,149 acres of land near Tizimin, in the Yucatan Peninsula of Mexico. The farm Asideros 2, which consists of approximately 5,100 acres, is located adjacent to the Asideros 1 farm. The farm Asideros 3, consisting of approximately 5,557 acres, is located approximately five miles from the Asideros 1 and Asideros 2 Mexican farms.
The Company own 50% of the common membership units of GCE Mexico, which, through its subsidiaries, owns the three Jatropha farms in Mexico. The Jatropha plant produces a fruit containing three seeds that contain 32%-38% oil content by weight. The non-oil components of the fruit, which represents 62-68% of the total fruit, contain biomass that is a source of feedstock for a range of energy producing processes, including direct combustion, gasification, power production, and cellulosic ethanol (alcohol) production. Camelina produces a co-product from the oil extraction process, which is a livestock (animal) feed for cattle, chickens and pigs.
Global Clean Energy Holdings Inc
2790 Skypark Dr Ste 105
TORRANCE CA 90505-5331