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Entrepreneur - New Business
Funding needed for biodiesel plant in EU(bulgaria). 75% completed
Posted by:
Kaloian Kaloianov
on 8/18/2009 5:56:05 AM
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Funding Needed
:
Above $1mil
Category:
Biotechnology
Website :
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Location :
Russe,
All,
Bulgaria
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Description:
We are building a plant for biodiesel production in Bulgaria. 75 % of the plant are completed, equipment included.
We are looking for an additional investment of EUR 8 900 000.00 to complete the construction and commissioning of the plant.
This can be achieved within 9 to 11 months upon securing the financing.
Upon commissioning of the plant we would be able to sell the products also on the Bulgarian and European markets.
Apart from biodiesel, the plant is projected to produce edible vegetable oils, as well as by products potassium phosphate (fertilizer for the agriculture) and technical grade glycerol, which is about 10 % of the total quantity of treated oils.
The annual production capacity of the plant is as follows:
- Biodiesel– 86 000 mtprojected annual productioncapacity, actualannual production capacity of 100 000 mt of biodiesel;
- Technical grade glycerol– 10 000 mt annual production capacity;
- Potassium phosphate or potassium sulphate(fertilizer, depending on the demand of the market either one or the other can be produced) – 5 000 mt annual production capacity.
If requested we could provide all the necessary information as well as pictures. Talks could be maintained in English, French , Spanish, Bulgarian.
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