Early 2011, XBM was incorporated as strategic alliance between biofuel trading companies and took on board more expertise in field of science, technology and corporate governance bringing in additional 25 years of experience in the field of biofuel and bioliquids market. With this expertise, XBM focus shifted to bioliquid that are labeled as waste from mills like POME, Tall Oil pitch, turpentine, other waste oil and imported close to annual volumes of 50,000 MT. Since then, XBM has added different types of biodiesel for trafic fuel and sustainable bioliquids for use in the power and heating industry.

Not limiting only to biofuel from edible origin, XBM did extensive work on oils from non-edible origin. While the world was moving towards Jatropha, XBM started with the study and work on Pongamia oil from India, native to the Asian subcontinent, the species which is normally planted along the highways, roads, canals to stop soil erosion. Scientifically named Pongamia Pinnata, the tree grows wild on sandy and rocky soils, including waste lands which could not be used for agriculture. This plant was very ideal as its one of the few nitrogen fixing trees (NFTS) to produce seeds containing 30% - 40% oil. In 2011, XBM did few containers of Pongamia oil from India under the RED directive. Due to the complexity in the structure, collection of seeds have been very difficult, ending up in high cost and low volume yields. 

In the same year, XBM did imports of rapeseed acid oil from India with lower ash, M&I and higher energy value for the energy industry. As the volumes were limited the focus shifted to Malaysia and Indonesia for palm-based and mixed fatty acid bioliquids. Early 2012, XBM strategically aligned itself to Palm Pacific Oil Sdn Bhd, which was incorporated in Malaysia as a marketer of palm based products by individuals in the Palm Oil Industry. Being present in the center of veg-oil trade, the Malaysian company acted as our agent and the sourcing arm for mixed fatty acid products from Asia.

Due to seasonal variation every year, XBMs focus on selling to only power and heating companies shifted to also selling bioliquids to bio-diesel companies. XBM began working closely with large corporations in bio-diesel industry with the aim of selling waste oil such as UCO and POME. XBM has meticulously internalized systems to ensure the required quality standards of the client. XBM understands each customer has different standards of quality and documentation, more so when there is a focus shift on the industry. With extensive trials, XBM is now able to offer waste vegetable oils meeting to the strict quality standards of the client in terms of M&I, metals and volatiles.

Constantly on the lookout for waste origin feedstocks, XBM has added up used cooking oil, sunflower acid oil, coconut acid oil and bi-products from oleochemical factories to its product portfolio. Sustainability and certifications are important parts of making the product eligible for the EU market, and XBM has been certified under ISCC and RED.  XBM ensures that all the products sold are documented properly and traceable until the origin.

In addition to the existing range of bioliquids products, XBM is engaged in production, selling and trading of different bioliquids based bio-diesel to oil companies meeting the EU and individual member states requirements in terms of quality and documentation.