Buyofuel Partners with BSE BEAM to Boost Biofuel Market Efficiency

Buyofuel, a biofuel trading platform, has partnered with BSE E Agricultural Markets (BSE BEAM) to improve the biofuel market's reach and efficiency. This collaboration aims to streamline the supply chain, reduce transaction times, and enhance reliability, benefiting producers, manufacturers, and consumers.

New Delhi, Aug 13 (PTI) - Buyofuel, a platform specializing in trading biofuels and waste materials, announced its partnership with BSE E Agricultural Markets (BSE BEAM) on Tuesday to expand the biofuel market's reach and efficiency.

BSE BEAM, an electronic spot platform for agricultural commodities, will leverage its extensive network of farmers and farmers' producer organisations (FPOs). Buyofuel will contribute by bringing in its vast corporate clientele who procure biofuels directly.

According to a statement by Buyofuel, this collaboration aims to expand the biofuel market's reach and efficiency, benefiting producers, manufacturers, and consumers alike. BSE BEAM will leverage its corporate connections to engage with stakeholders across the entire value chain.

'By combining our strengths, we can provide unparalleled value to our customers and contribute significantly to reducing carbon footprints. Our collaboration will facilitate a more robust and resilient biofuel supply chain, benefiting both producers and consumers,' said Kishan Karunakaran, founder and CEO of Buyofuel.

The integration of BSE BEAM's agricultural expertise with Buyofuel's market knowledge will streamline the supply chain, reducing transaction times and improving reliability. This will benefit not only the immediate stakeholders but also contribute to a more sustainable and efficient biofuel ecosystem, noted the statement.

(With inputs from agencies.)