Contact us

Support


Home > Investment tools > Project database > Construction of new innovative enterprises producing second-generation cellulosic bioethanol

Construction of new innovative enterprises producing second-generation cellulosic bioethanol

Project at-a-glance

Project highlights
Project indicators
Investment target and overview
Construction of new innovative enterprises producing second-generation cellulosic bioethanol from inedible naturally regenerating raw materials – timber or agricultural waste (straw). The project implies construction of at least three factories producing 100 thsd tonnes of bioethanol each.
Total required investment, USD mln
395.7
Investor's equity capital
29.7
Investor's debt capital (by sources)
366
Budgetary funds (guarantees)
Use of proceds
New construction
Yes
Renovation/upgrade of existing assets
No
Project design
No
Preferred investment structure
Information about co-investors (names, investment share):
Confirmed
Potential
Eurasian Development Bank – potentially up to 7.5% of project value.
JSC RVK (by establishing a new investment fund) – potentially up to 15% of project value.
Ratio if equity in total capital, %
7,5%
Project status. Available documents (yes/no)
Business idea
Yes
Preliminary research
Yes
Project feasibility study
Yes
Market research
Yes
Project design documentation
No
Financial model
Yes
Business plan
Yes
Project launch and closure, years
2015-2018
Official materials in support of the projects (decrees of either the federal or regional government, letters from local government, provision of incentives, etc.)
Pay equity and then a bank loan as a project financing
Key economic indicators
IRR (internal rate if return), %
29,3%
Payback period, years
4,75 - 6,5
NPV (net present value), USD mln
$313.5 mln in 8 years
Implementation status. Information
on available facilities/equipment
JSC EGREGOR Biotech has already found partners to design and build the factory and sell the overall quantity of ethanol to be produced over at least five years since the start of production. JSC EGREGOR Biotech is ready to contribute by providing detail design after payment of feasibility study. Several regions, including Leningrad Region, Komi Republic, Rostov Region and Altai Krai, have expressed interest in placing production facilities within their territories.
Comments

Licensed enzyme hydrolysis technology, which is unique and successfully employed in the EU, USA, China and Brazil, has been selected as the project technology. This is an almost waste-free and green production. Factories employing this technology have been successfully running in Italy since 2013. Also, five similar enterprises are currently under construction in different countries.
JSC EGREGOR Biotech acts as a partner of Bioenergy Technology Platform of the Russian Government in the delivery of the Programme for the Development of Biotechnologies and Genetic Engineering, serving as a producer of second-generation bioethanol and contractor for construction of industry capacities.
The project received approval of the Russian Ministry of Industry and Trade in 2010 under the Monotowns Development Programme and was acknowledged as one of the most promising initiatives.

Export to PDF

Project ID03/47/15

Region of Russian Federation, Area
Leningrad region
Sector
Chemicals
Parent company/shareholder
JSC EGREGOR Biotech
Legal address of the shareholder, website

St. Petersburg, Malaya Konyushennaya St. 1/3

Position, full name of the CEO
of the shareholder
Vladimir Vladimirovich Novikov, CEO
Contact person, telephone number
Vladimir Vladimirovich Novikov, +7(950)0364467 Moscow time
Last update
02.07.2015
Name:
E-mail:
Request:
Code:
Enter code
 

Subscribe to Newsletters

Email: