Zeons Wins Business of the Year Award
(For Immediate Release) On March 12, 2009, with Pakistani Ambassador
Husain Haqqani and Texas Governor Rick Perry looking on, Zeon Energy
received the Business of the Year award. Over the last two years Zeons
chairman Naved Jafry has grown the company to 110 employees and annual
revenues of $65,000,000 USD.
Zeons is a world leader in the development of alternative fuel sources
and their distribution to the marketplace, especially biofuels. Zeons
shows its commitment to an “increased adoption and promotion of
renewable energy sources” by investing in green power plants and in the
production and distribution of fuels such as B20 biodiesel (source:
www. zeonglobalenergy.com/about).
The world’s growing demand for energy continues to cause the price of
energy to increase, especially for petroleum-based fuels. These
so-called “fossil fuels” remain the prime source of energy for most of
the world’s power plants, machinery, and transportation. As the supply
of fossil fuels, a non-renewable resource, continues to dwindle, a
continued rise in prices is to be expected.
The burning of fossil fuels may also be responsible for the changes
being observed in the world’s climate. When fossil fuels like the
petrol used in automobiles are burned they give off carbon dioxide and
other carbon-based emissions, gases which have been identified as
so-called “greenhouse gases” responsible for the earth’s warming. Zeons
sees an incredible business opportunity in the development of renewable
energy sources that can not only continue to make energy affordable for
everyone, but can also reduce the amount of carbon dioxide and other
greenhouse gases produced by power plants and automobiles. The future,
according to Zeons chairmen Jafry, is biofuels.
Biofuels are by definition any fuel producing energy when burned that
is made or refined from a biological source. These biological sources
may be vegetable oils, animal fats, or even waste. The chief source of
biomass for today’s biofuel is corn, soybeans and cottonseed. The most
readily available biofuel already on the market, and which Zeon Fuel,
Inc. itself distributes, is B20 Diesel. This fuel is a mixture of
biofuel and petroleum based diesel, and can be used by any diesel
engine even without conversion.
Producing biofuel from corn, soybeans and other food products is,
however, less than ideal. Corn and soybeans are a significant part of
the diet of humans in some parts of the world. When these vegetables
began being used for biofuel as well as for food, their prices
increased dramatically. This caused food prices in some parts of the
world to shoot upward, and even caused food shortages in some places.
Zeons understands that if biofuel is ever to become a true alternative
to fossil fuels, some other non-food biomass must be found. Zeons is
exploring the exciting possibility of using algae as biofuel foodstock.
Algae can be grown in warm climates around the world, acre per acre
yield over a hundred times the quantity of biomass of soybeans, and can
even benefit the environment while being grown.
Algae consume carbon dioxide in their growth, and some forms of algae
also consume human waste and graywater. An algae farm, then, has the
dual environmental benefit of consuming waste and removing quantities
of a significant greenhouse gas from the atmosphere. Because of their
ability to use waste as a source of food, algae farms may derive
additional income from cities and industries that “sell” some portion
of their waste to them for treatment.
Algae farms can be started anywhere with the appropriate climate and
area for ponds. Taking advantage of this fact, Mr. Jafry and Zeons are
developing ways to link the world's more economically developed
countries need for fuel with the ability of even the poorest countries
to produce the foodstock necessary to produce it. Zeons is encourage
the start up of algae farms in countries such as India.
Overall, Zeons strategy to “promote and support the sale of
environmentally preferred fuel sources and blends” has put the firm at
the cutting of age of the development of an economy based on renewable,
environmentally-sustainable fuel sources (source:
www.zeonglobalenergy.com/investors).