Welcome to Eco Ventures Group, Inc. this site is designed for our shareholders and potential shareholders to gain access to the company's key information and put EVGI's mission and financial performance in perspective.
Eco Ventures Group, Inc., an emerging producer of diversified, sustainable alternative energy is acquiring and developing a family of ecologically friendly and economically sound businesses committed to providing for society's energy and renewable resource needs.
Eco Venture Group's biofuel unit is dedicated to the cost-effective production of biodiesel from multiple low-cost feedstocks by using a combination of licensed patent pending and proprietary bio refinery technologies. Construction of the Company's first biofuel production plant at its Groveland property is about 80 percent complete. It is expected to be finished in the fourth quarter with commercial production anticipated to begin in the first quarter of 2013 subject to further permitting.
Initially, that plant is designed to produce 3.6 million gallons of biofuel per year from oil-rich plants and recovered cooking oils. This facility at full production has the capability to generate revenues of ~$15 million annually with a gross margin of ~30 percent. Based upon the configuration of Eco Venture's expandability of up to a 100,000 square-foot property, the Company estimates its potential biofuel production capacity to be up to 90 million gallons annually. EVGI is evaluating multiple fuel technologies that will potentially meet this demand.
Eco Ventures Group, Incorporated