Project Cost: RM 7,498,721.00
Knowledge / Experience Required:
sale & marketing
Proposed Investor’s Role:
others (Financial Advisor)
Industry: others (Green Technology)
Coolup Greentech Sdn Bhd was incorporated in April 2012 to commercialise the manufacturing of high quality biomass wood pellets from wood wastes. Our company has been certified as a Green Technology company, under the Green Technology Funding Scheme (GTFS) government’s incentive on 23rd July 2012, in which Coolup Greentech Sdn Bhd received RM 4,512,600 guarantee coverage from Credit Guarantee Corporation (CGC).
Our main product is biomass wood pellets made from wood wastes with proposed manufacturing site in Songsang Industrial Area, Temerloh, Pahang. Our pellets are produced from wood wastes such as sawdust, wood shavings, offcuts etc. that are mainly by-products from wood working industries. Our pellets are produced naturally in 6 mm diameter using the latest technology with a production system that guarantees high yield and low energy consumption, without the usage of binding agents and industrial chemicals. Our product meets Germany’s DIN 51731 standard which highly suitable for the usage in Industrial Biomass Boilers, Gasification, Combined Heat & Power (CHP) and even Household & District Heating.
We wish to establish our manufacturing plant and operation in Temerloh, Pahang. This is due to its abundant resources of raw materials such as timber sawdust, hardwood and medium offcuts as 50% of all logging activity is Pahang is based in Temerloh, Mentakab, Jerantut and Maran, with close to 50 sawmills and wood working industry. Being a town in the centre of Pahang, it provides direct access to the Port Klang and Kuantan Container Port. The ample land in the Jeli area permits us for expansion plans to cater for growing demands. With the full support from the Government of Pahang, directly from the Chief Minister himself, we are also planning to establish a Acacia energy plantation for our raw material needs in the future. Our production capacity shall reach 2,000 tons per month in the first 5 years, with plans for expansion up to 10 ton / hour, which can produce 4,000 – 5,000 tons of wood pellets per month.
Biomass wood pellets has a large growing market, in which Europe imported 1.8 million tons of wood pellets in 2010, as the local European production can only cater for 41% of local demand, with trade value of US$250 million. The demand for wood pellets in Europe is predicted to reach 50 million tons by 2020, with local price commanding up to €300 per ton. After the South Korean government signed the Green Energy Bill 2012, wood pellet trade in 2011 was 400,000 tons, in which 76% has to be imported and by 2020, wood pellet demand is South Korea are predicted to reach 5 million tons. Japan, Australia and New Zealand also a strong and growing wood pellet market.
To take opportunity of such prospect, we wish to establish a full turnkey 4 ton / hour Wood Pellet production plant with the capability to produce 2,000 tons of wood pellets per month. That is why we wish to seek an investment worth RM 7,498,721 (US$ 2,499,574) for this project from your esteemed company for the purchasing of production line, equipments, manufacturing site, working capital and operation purposes. With a potential net profit (pre-tax) of 58.07 % per month and Rate of Return (ROI) of 109.07 % within the period of 48 months from investment cost, we believe there is a bright future for this industry with high revenue potential.
Khairul Firdaus bin Mustafa ( email@example.com)
Company Name: Coolup Greentech Sdn Bhd
Postal Address : 67B, Jalan Dato Hj Eusoff, Off Jalan Ipoh, Kompleks Damai,
State : Kuala Lumpur
Post Code : 50400
Country : Malaysia