1. KribEcosarl wood pellets
Waste transformation in Energy & Jobs
Export to Europe
Sales up 14% outgrow local european production
large volumes of sawdust available in Douala
Private & Confidential07/05/2016 1
2. CONFIDENTIALITY
• 1. CONFIDENTIALITY
• All information contained herein are, and must be considered strictly private and
• confidential and, as such, subject and protected by the privacy policy of the Legislative
• Decree 196/2003. The same information is and will remain the property of the Company
• writer. Anyone who comes into possession expressly undertakes not to disclose, nor allow
• others to disclose, or otherwise use or allow others to use, any confidential information
• received without the prior written consent and explicitly by the Company writing, and
• will furthermore adopt the safety precautions designed to keep the information
• confidential, including, but not limited to :
• a) the protection and safeguarding of confidential information by using, publications or unauthorized
• disclosure; b) the prohibition of the use of any confidential information; c) the
• prohibition to disclose, report, publish, disclose, transfer or otherwise use, either
• directly or indirectly, any confidential, except as specifically authorized by the Company
• in accordance with this document; d) the prohibition of the use of any confidential
• information, in any way, for any purpose, including, without being limited to this, for
• any purposes that are, directly or indirectly detrimental to the Company undersigned; e)
• the prohibition of the use, reproduction, processing or storage of any confidential
• information of any computer or electronic information system accessible from outside,
• and the prohibition of their transfer thereof in any manner or by any method.
•
•
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3. Why
• When travelling in Cameroon I noticed large
volumes of waste not yet considered as
valuable. This includes sawdust of sawing
mills and waste of plantations when trees
are at the end of their productive life.
• In Europe production plants for wood pellets
have and in future will have more difficulty
at purchasing raw material .
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6. Target market
Italian market for domestic stoves
-fast growing market of 2 milion ton a year
-package in 15 kg bags on pallets
-sales to supermarkets and large retail chains
-high value market with delivery payments
Italian market for domestic stoves
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7. Residential heathing costs
We give people the way to spend less for heathing
Natural gas -25%,Gpl -60%,Diesel -40%
Residential stoves demand low
investment
Latest info stoves: www.lanordica-extraflame.com
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8. Market Analysis & Opportunity
• The Italian pellet market for domestic stoves is
growing for over the last 10 years . Last year
8% up for a total of 2.2 milion ton.
• European market is growing with 14 % including
all types of uses , powerplants and small
industrial burners, for a total of 19 milion ton.
• European wood pellet plants are not growing
accordingly in their production capacity.
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9. Unique Selling Proposition
-The sawdust for large part from
azobe timberwood produces a
pellet with high calorific values
and low ash residues.
-In Cameroon there are the
natural conditions to dry the
material before pelletizing
without spending in thermical
energy.
-Raw material has only the
logistical collecting costs and in a
small range we find many sawing
mills.
-Electricity costs and labour costs
are low.
-Container sea transport costs as
truck roadtransport of 700 km.
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10. Sales & Marketing Plan
-We will sell our pellets all in bags with custom logo and description.
-In this way,accompanying the sale at wholesale supermarkets with a good web
presence,we will create a well known product in a few years.
-To start up we have letters of interrest to sell the first year of production programmed
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11. Business Model
Private & Confidential
-Sales to supermarkets and large retail chains for private
domestic stoves fuel
-Visiting maggior supermarkets and retail chains in Italy
-impressive Web presence
-logistic companies in the different harbour terminals nearby the final
destination of the pellets operate as stock and distribution partners
-we produce a first class quality wood pellet out of low cost sawdust.
Volume of the production and the management inclusive transport
and logistics will create competitiveness on our target market
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12. Traction
• Step I of our development program yearly
sales revenue will be of 4.400.000 euro.
• The implementation of Step II will be done
after proven good results of Step I.
• Letters of interrest from clients for 60.000 t
has been received.
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15. Competitor Analysis
Strategy
-Importers of woodpellets that buy in
eastern europe do use return truck
transport to be able to be competitive.
Several moments of the year there are
not enough cheap loading transports
available.
-Importers that buy in Canada have to
buy large quantities with timelapse
between order and ready packed for
delivery very long.
Our strategy will be to create stock in
different port terminals of packed ready
for delivery pellets.
In this way clients like wholesale
importers need no long term finance to
buy and are with payment for delivery
able to react quickly at demands.
Stock enables us to make contracts with
large retail chaines . We will be able to
respect precise delivery time terms.
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16. Founders & Executives
TEAM
-Luca Garbato owner of LG wood
-Piercarlo Magni director commercial
CTGS import / export Cameroon
Logistics & transport management
-Ngougni Yves Borel
H.R. and operative management
-Pieter van Cadsand
General manager
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17. Advisers
TEAM
-Vittorio Cantone Naples Italy
Tax,finance and legal adviser
-Giorgio Martin Verona Italy
Project and installation technician for
Wood pellets plants.
-David Chiaramonti Firenze Italy
Researcher University and president of
Re-cord.org
Renewable Energy consortium for
research and demonstration
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• Paper pulp plantations
18. Funding & Timeline
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-2014/2015 Several visiting tours in Cameroon to prepare the field and do
the research. Different contacts about waste supply in maggior volumes.
Sample analises to assure quality and suitability to produce pellets of the material.
Supply contract conditions has been negotiated and partly confirmed by mou
and letter of interrest.
Milestones:50.000 t saw dust yearly.200.000 t rubber wood yearly . 500 ha of palm trees.
Team building and pubblic relations for the project.
Milestones: Foundation of the Company KribEco at Douala november 2015.
Market research,product development and sales.
Milestones: Letters of interrest for 40.000 t of wood pellets for the first production year.
Partnership contacts for logistics in Marghera,Livorno,Civitavecchia e Gaeta.
Project and design of the machinery and the total plant for step I and step II .
Milestones: Complete layout and specification of the plant complete with cost calculations.
Study of working procedures inclusive of loading,transport and distribution metods and costs
19. Funding & Timeline
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2014 -1 cap Raise Amount 6.000
2015 – 2 cap Raise Amount 20.000
Future:
2016 – 3 cap Raise Amount 535.386
Implementation of step I to install pellet plant based on sawdust waste with 250 kw press
for a yearly production of 20.000 ton.
2017 –2018 - 4 cap Raise Amount 15.000.000
Implementation of step II to install pellet plant based on logs waste/ Caterpillar
Machinery/debarking and chipping line/drying line/Pellet plant yearly production 70.000/
80.000 ton/Collection of 180.000 ton of logs relative machinery to transform in chips for
sales./
Transport and loading equipment/Site and warehouseses/ Bulk silos and port terminal site.
20. Key Risks
Mitigation strategies
• Cameroon has for over 40 years a stabil political situation.
The littoral Region has a maggior christian popolation
• Local shareholders that also are part of the executive team
are informed and have the know how and relations to
control this maggiorly small scale risk.
. All raw material will be certificated for its legal
provenance .
We will obtain ENPLUS certification as soon as
possible.
Phytopatalogic restrictions are not an issue because
of the desinfection ,effect of pressing the pellets that
causes material temperature of over 70/80 degrees.
. As foreign investors we will have for the first ten years
of our activity large tax advanteges that balance the
risk of minor growing export fees.
. Precise stock program for our pellet plant location
and the locations of our partners in Italy will allow us
to control the situation. Low costprice keeps future
finance needs for stock generation low.
-political and social stability
-corruption
-European import restrictions
-Tax es and export fees
-Season Instability of the market
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21. The Ask/Offer&Use of Funds&Exit Strategy
euro
• Ask Step I
• Total raising 535.386
• Debth 38%
• Equity 62% 335.386
• Pre valutation 400.000
• Ordinary Shares 100 shares @ 10.000 FCFA
• Equity offered 30%
• __________________________________
• Use of Funds Step I
• Real estate 299.900
• Pellet plant & machinery
• Leasing equipment Prepay 135.084
• Working & 50.000
• Stock capital 50.000
•
• Exit strategy
• repurchase by founding
share holders after 5
to maximum 7 years.
• Second option:
Secondary sale
raising Step II
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22. The Ask/Offer&Use of Funds&Exit Strategy
euro
• Step II 2017/2018
• Total raising 15.000.000
• Debth 80%
• Ecquity 20% 3.000.000
• Pre valutation 1.400.000
• Ordinary Shares 100 shares @ FCFA
• Equity offered 40%
• __________________________________
• Use of Funds Step II
• Real estate 2.530.000
• Pellet plant & machinery 7.890.000
• Working & stock Capital 2.900.000
• Guarantees for seatransport 1.500.000
•
• Exit strategy
• repurchase by founding
share holders after 5
to maximum 7 years.
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23. References
• T40 global wood pellets market study
• http://www.bioenergytrade.org/publications.html
• Shell Energy Outlook scenarios to 2050
• http://www.shell.com/energy-and-innovation/the-energy-future/shell-scenarios
• Globel wood chip trade for Energy
• http://www.bioenergytrade.org/publications.html
•
• Low cost,long distance Biomass supply chains
• http://www.bioenergytrade.org/publications.html
•
•
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24. Contact Info
• KribEco sarl
rue d ecole
BP3130 Douala
Littoral Region
Cameroon
General Manager
Van Cadsand
• 0039 320 7906711
• Skype: Pietervan17
• kribeco@gmail.com
•
http://kribecosarl-com.webnode.it/
•
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