Positioning Biodiesel for Success in Illinois
Welcome to the Illinois Biodiesel Pre-feasibility Website. This site is dedicated to helping Illinois producers achieve success in the Biodiesel industry. Inside you will find the tools needed to increase your understanding of the Biodiesel industry as well as the ability to create financial models of a potential Biodiesel facility.
Success, in any industry, starts with your knowledge of the market place. We believe that there is no better place to gain an in-depth understanding of the Biodiesel industry, and what it takes to be successful in the industry, than right here with our Biodiesel Pre-feasibility Evaluator and the accompanying Biodiesel Market Assessment. Each is focused specifically on the Illinois market so that you can become familiar with the environment you are entering.
Introduction to the Website
The mission behind this website is to assist potential Illinois investors in biodiesel increase their understanding of industry. This tool is designed to help accelerate your learning about the industry so that you can make an informed business decision on whether or not to proceed to the next step of the process. To facilitate your learning and understanding of the biodiesel industry, we have included comprehensive Market Assessment of the Illinois biodiesel environment. Within this assessment you will find definitions of every variable you need to know about within the biodiesel industry coupled with detailed information around historical prices, market trends and implications to your plant. It also includes a discussion about legislation in Illinois and the United States focused on biodiesel. When used correctly, these pieces of legislation can help to bolster a facility’s bottom line.
We believe that it is important for potential investors to have an idea of the profitability of their potential plant before construction begins. This tool will allow you to create financial models of multiple plant sizes in order to understand their accompanying cost structures based upon the feedstocks used and the type of by products sold. Additionally, you can modify the key market and operational assumptions of the plant while comparing them to historical averages seen in Illinois. The evaluator will help individuals identify the key drivers of success for a Biodiesel facility. By manipulating the input prices one can see the effect of changes in costs structure on the accompanying revenue streams.
You will find that the information here will continue to change as we receive feedback from users on their needs. Please tell us what you think and how we might improve the site to better serve your needs.