Bio Diesel Gains Ground
Rapidly gaining ground as a strong market, the bio diesel trend is gaining ground at a steady pace. Bio diesel 2020 author Will Thurmond said, “The global markets for bio diesel are entering a period of rapid, transitional growth, creating both uncertainty and opportunity. The first generation bio diesel markets in Europe and the US have reached impressive bio diesel production capacity levels, but remain constrained by feedstock availability. In the BRIC nations of Brazil, India and China, key government initiatives are spawning hundreds of new opportunities for feedstock development, bio diesel production, and export”. Companies that keep their focus towards more environmentally friendly ways of doing things have certainly got an edge, this being the case.
Growing sustainability concerns are bringing about vast changes in the way that many businesses and franchises are doing things. Filtafry, a known leader in environmentally sound food service technology has not lost sight of that, since its inception in 1996.
“The price of cooking oil, as a commodity, has sky-rocketed in the last year and the need for efficient operations has never been greater,” says Victor Clewes, CEO of The Filta Group, an international Eco-friendly services company which specializes in cooking oil filtration and recycling. “Filtering and re-using cooking oil reduces oil purchases. Reduced oil purchases result in cost and waste savings. Then, when the oil can no longer be used for cooking, it becomes bio-fuel. Nothing is wasted. It’s used in the food we eat, then in the cars we drive. It becomes a net positive for the environment as well as a restaurant’s bottom line.”
The Filta Group began its foray into the world of more sustainable efforts in the UK, and since has become a worldwide leader in offering a better way for businesses to do things as well as an opportunity for franchisees to also jump on this trend. With larger companies also beginning to trend towards this, small business owners, from franchisees to food service industry are finding that getting in now is a wise choice. “From 2008 through 2020, a series of transitions in the bio diesel industry will create winners and losers,” said Thurmond. “Bio diesel producers that are best able to evolve and adapt to transitions in technology, markets, feed stocks and government policies are most likely to succeed over the long term.”
Now more than ever, it is vital to align oneself as a business owner with more environmentally friendly standards and practices. Sustainability also invests a great deal in the economic status of the business itself, bringing about a much more cost effect means of the way that some are looking at the way they handle waste vegetable oil and its disposal, but also the way that overall business is conducted. Keeping abreast of the changes, but also beginning to integrate better ways of maintaining more sustainable business practices is not only a practical step, but one that is going to help not only US markets, but global markets take the most advantage in the rise in bio diesel use.