SMART OIL

Smart Oil is creating thousands of jobs in rural West Africa by producing a cheaper substitute for diesel fuel derived from jatropha plantations. Smart Oil sells biodiesel as a diesel substitute in the Brong Ahafo Region in Ghana to be used for off-grid power generation ($350M market), fuel for cars, trucks and barges ($250M market. As the production grows, Smart Oil will target regional markets including fuel to power GSM towers ($150M market with 300% annual growth), and international aviat... ion carriers ($400M bio jet-fuel market for Lufthansa alone). In the long term, the company aims to sign off-take agreements with leading reneweable energy companies in Europe. Jatropha is a tree that annually produces non-edible oil seeds that can easily be converted into fuel oil or biodiesel. We grow Jatropha trees in large farms in rural Ghana and convert this product into biodiesel for sale both locally and internationally. Also thanks to stable commercial relationships with local small farmers, we create permanent jobs in poor rural areas. Locally, our product is 20% cheaper than traditional diesel fuels, is environmentally friendly, and is an 80% reduction in greenhouse gases. It is appropriate for use in everything from local diesel generators to large, international aircarriers. With 10,000 acres farmed in 2014, we will anually produce 2 million gallons of a cheaper diesel substitute.More