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A Korean company specialized in the renewable energy busines...
created · Updated
Deadline: Nov 4, 2022
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Summary

A Korean company established in 2011 has developed biodiesel processors based on new cavitation technology that helps mixing two renewable fuels to maximize the biodiesel processor’s productivity without interruption. The company is looking for agencies or distributors who have experience in designing and manufacturing biodiesel production or distributing the biodiesel processors in the European market.

Description

The Korean company established in 2011 has developed in the renewable energy business to improve environment-friendly equipment for biodiesel production based on new robust cavitation processors at a low cost.

The new biodiesel technology for high performance is based on a cavitation method in comparison with existing technology, such as batch and pipe type. It generates micrometer-sized bubbles by making a chemical reaction between two fluids rapidly to increase surface interactions with them. The chemical reaction allows for a lower temperature of 10~20℃ than the conventional batch-type chemical reaction due to a rotational motion and frictional energy with the minimized energy cost. The phenomenon also rapidly changes pressure in a liquid so that the formation of small vapor-filled cavities is relatively low. As a result, cavitation technology has benefits; lowering the unit cost of production, reducing the entire production time, and occupying less space.

Also, the company has a sensing-based automatic system that operators can easily enter detailed data for inputting and mixing each two different types of fuels. With an automatic control program, operators can set and save information, such as flow rate, setting conditions, temperature, pressure, vibration state, etc. The user-friendly software would enable users to check graphs and instruction dialogues by intuition.

Currently, the company are conducting the majority of its business in South Korea. While they have accumulated a number of impressive domestic references, the entrance into the global market is crucial for their business to grow. The company is looking for partners interested in the biodiesel processor to sell their products under a distribution services agreement or agency agreement. The potential partner should promote and distribute the biodiesel processor in the European market. The potential partners will be expected to have an opportunity of cooperations with their renewable energy business and get a market share in the fast-growing field by implementing the role of distributor or agency in the EU market.

Advantages & innovations

The biodiesel processors have the following advantages and innovative features as follows: - Biodiesel is a renewable and clean-burning fuel, so that it provides 93% more usable energy than the fossil energy needed for its production. - It reduces greenhouse gases by 41% compared with diesel. - Plant-based fuels can be grown or gained anywhere, such as waste vegetable oils, animal fats, or even recycled restaurant grease. - The entire device is small (3.0m x 2.0m x 1.5m), has continuous production(3.0㎥/hr) with user-friendly software(remote control) at lower operating costs. The company has turned into a well-known manufacturer in the biodiesel sector. Moreover, the company has experience in cooperation with Ukrainian biodiesel company so that they are open for a global relationship with potential partners interested in distribution to sell the biodiesel processors.

Stage of development

Already on the market

Partner sought

The company is looking for agencies or distributors in the European market who are interested in biodiesel processors with long-standing experience. The optimal partner is a biodiesel company with experience in designing, developing, manufacturing, and distributing technologies under a commercial agency or distribution services agreement.

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