300,000 tons per year biodiesel production project–evaluation

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Project for annual production of 300,000 tons of biodiesel http://www.1biw.com.cn Publication date: 2007-5-31 10:18:13 Validity period: http://www.1biw.com.cn/Content/images/line.gif Project name: Project for annual production of 300,000 tons of biodiesel Basic information on the project and the necessity for its construction: This project falls under the category of energy industry projects that are encouraged; given the continuous rise in oil prices, developing bioenergy offers significant advantages. China has a large area dedicated to agricultural cultivation, with high yields of crops such as beans, offering broad prospects for the development of biodiesel. The products are mainly diesel used in vehicles, mechanical equipment, large generators, etc. The main raw materials are soybeans, rapeseed, cottonseed, palm oil, etc., and they are primarily sourced from the domestic market ； In particular, the mining area is located in the western part of Shijiazhuang, in a hilly region where there are many farms engaged in farming and breeding; the by-products of biodiesel can serve as a source of feed for them. Equipment procurement mainly involves advanced foreign equipment, while the supporting components are purchased in China. Preliminary analysis indicates that once completed, the project is expected to see good market sales performance; it will also help save energy and serve as a model for developing an agricultural circular economy, bringing significant social benefits. Construction content and technical level: 1. This project utilizes world-class technology provided by American investors ； 2. This project uses world-class major mechanical equipment manufactured in the United States ； 3. The treatment indicators for the three types of waste meet the safety standards ； 4. Planned construction timeline: 18 months from start of construction to commissioning ； 5. Planned production volume after commissioning: First year: 100,000 tons ； Second year: 300,000 tons. Total investment and benefit analysis: The total investment for this project is 600 million yuan. 1. Production scale: Biodiesel: 300,000 tons ； High-quality glycerin (10% of biodiesel production): 30,000 tons ； Soybean meal: (soybean meal yield 75%): 1.125 million tons. 2. Production revenue: Biodiesel: Selling price of 5,200 RMB per ton × 300,000 tons = 1.56 billion RMB ； High-quality glycerin: Price of 16,000 RMB per ton × 30,000 tons = 480 million RMB ； Soybean meal: Price of 2,150 RMB per ton × 1.125 million tons = 2.42 billion RMB ； Total annual sales revenue: 4.46 billion RMB. 3. Cost estimation (based solely on soybean as the raw material): Imported soybeans: $200 per ton (imported directly), which is equivalent to 2,000 RMB per ton after adding tariffs, short-distance transportation costs, and port fees. Multiplying this by 1.5 million tons gives 3 billion RMB ； Biodiesel conversion processing cost: 600 RMB/ton × 300,000 tons = 180 million RMB ； Cost of soybean oil extraction: 100 RMB/ton × 300,000 tons = 30 million RMB ； Taxes: Chapter 6, Economic Incentives and Supervisory Measures, of the Renewable Energy Law, Article 26 **Tax incentives are provided for projects included in the guidance catalog for the development of the renewable energy industry. Charged in accordance with **regulations. Administrative expenses: (5% of total revenue) 223 million RMB ； Other expenses: (depreciation, repairs, amortization, interest expenses, etc., 10% of total revenue) 446 million RMB. Total expenditure: 3.879 billion RMB