- Green Innovations

Invest today in...
                   
       ...Biodiesel Plants!

           Integrated Environmental
           Management S.A.

           13-15 Diocharous st.,

           16121 Athens, Greece

           Tel. +30 210 7253003, 7253643

           Fax +30 210 7230062

           e-mail: iem@otenet.gr

A biodiesel unit  - Business plan -

The product: Biodiesel, from waste oils and animal fats

Scope: The response to the steady increasing demands of the European market in biodiesel.

The market:
Present world consumption of seed oils is estimated to 180 million tones yearly with an increasing tendency of 3-4% yearly. The current biodiesel production amounts in 2006 for Europe to 4.500.000 tons. The tendencies are of course augmentative as the Directive 2003/30/EC aims to the replacement of a part of transport fossil fuels by biofuels to an amount of 5,75% until the year 2010, which corresponds to a 14.500.000 tons biodiesel annually.

The production gap that has to be filled In Biodiesel, was for 2009 approx. 1-2 million tns annually.

The production:
In the European area most of the northern countries produce seed oils. Especially in the big rivers valleys around Black sea, the oil seeds (mainly sunflower seeds) production exceeds the 5 million tones yearly. Biodiesel is produced in industrial scale in the European Union since 1992. Today, more than 100 installations exist in the EU (Italy, Austria and France).

The raw materials:
Recently there are shortages of raw materials due to their comparison with food sector (especially edible oils). For this reason it is proposed the use of waste (used) oils or animal fats, which can be found in the area.

The capacity of the unit:
It is planned for a production of 6.000 tones/year biodiesel, having as byproduct 600 tn/yr glycerin partially used as fuel for the thermal needs of the installation and the rest as raw material in the pharmaceutical industry.

The market share of the unit is approx. 1% on the remaining biodiesel capacity or 0,4% of the total needs in biodiesel for 2010.

The selection of place:
Eastern Mediterranean is in a strategic crossroad position between raw material (virgin oil) producing regions, as Black Sea or South East Asia countries and biodiesel consuming area as the E.U. countries.
A biodiesel unit sited in a coastal area, has the advantage of an easy and cheap (sea ways) access to the raw materials as well as the final biodiesel markets.

The profitability of the investment:

Senario without grants
For an operator’s own capital 643.400€ [loan: 0%], the profits of the enterprise are 2.759.960€/year having an efficiency of own capitals 95,39% annually and own capital recovery period 0,71 year.

Biodiesel plant in Cyprus

Back Home

Copyright © 2011 IEM S.A. All rights reserved.