Ethanol Fuels Company Seeking Loan in Ahmedabad, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Ethanol Fuels |
Locations | Ahmedabad |
Local Time | 12:02 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Business established to be a vertically integrated biorefinery business.
- The business has proprietary 2G ethanol biorefinery technology that does not use food stuff like sugarcane juice and or grains. It uses agri-crop residue waste.
- We will start operations once we have acquired a closed sugar mill to implement our technology.
- Closed cycle plant, energy positive, with a negative carbon footprint.
- The business has prospective large client bases such as PSUs, NTPC, and other thermal power plants, the pharma and medical industry, the food processing industry, the soft drink industry, and one of the largest chemical distributors in the world willing to purchase complete protection.
- The promoter has over 50 years of experience in owning and operating engineering, manufacturing, and export-import distribution companies in the USA. Presently in the process of setting up a 6 mt/day demonstration plant.
- Company is registered in Ahmedabad, Gujarat, India.
1. Ethanol: used by PSUs for mixing with petrol, Pharma industry for disinfectant production, and in manufacturing industries as a feedstock to produce other derivative products.
2. Xylitol: Pharmaceutical and Toothpaste industry to prevent tooth decay, and soft drink industry as low-calorie sweetener, sweets for diabetics, etc. India currently imports this product.
3. Lactic acid: food processing industries as food.
Preservative, acid balancing, and flavor enhancer,
Pharma and medical industry as an anti-bacterial agent, in the cosmetic industry as a skin whitener, plastic industry to produce biodegradable thermoplastics from a derivative called PLA, etc. India imports this Product.
4. Paper Pulp: used by paper mills to produce the writing, printing, and packaging paper mills. India.
Imports US$ 3.5 billion worth of this product.
4. Bio-coal: used by thermal power plants such as NTPC and others, industries for processing heat or power generation. This is high calorific value coal with low ash content. India imports 180 million mt of coal.
The company owns the proprietary 2G ethanol biorefinery technology which has an estimated market valuation of US$ 20-30 billion. India alone has an investment potential of US$ 300 billion-plus.
The company does not own any tangible assets as of now.
The company's registered address is in Ahmedabad.
However, we are seeking funds to purchase a closed sugar mill with a 1,000 - 2,500 MT per day crushing capacity plant having 15 to 30 acres of land with it. It could be anywhere in India.
Founder/MD/Chairman has paid from his pocket the funding to develop the technology, paid for the validation, and based on that first commercial plant design.
He is continuing to pay for the necessary expenses to keep the company operational till funding is received to implement the first plant.
The company has not borrowed any funds and therefore has no outstanding debt. The company has 2 shareholders - 90% owned by the Founder/MD/Chairman and 10% owned by the other shareholder (a relative).
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26 minutes agoCEO, Ahmedabad, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Ahmedabad, Merchant Bank connected with the Business