Concept and Project Development Plan for a 15,000 tpa furfural plant
DESCRIPTION/FEATURES: Development of concept plan and preparation of the project development plan, incl. marketing study and financial evaluation (feasibility study).
OUTCOME: Before tax IRR of 28.1% with a payback period of less than four years.
STATUS QUO: Investment mandate letter for 70% of the project debt received from a large international financing institution. Client investment decision pending.
Our starting point was a sugar mill with ethanol production and electricity generation that wished to evaluate the business impact an integrated furfural production will have on their current operation.
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