2.2 session by bentil presentation

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2.2 session by bentil presentation

  1. 1. ACTIVITIES OF CALTECH VENTURESACTIVITIES OF CALTECH VENTURES LIMITED IN THE CASSAVA INDUSTRY INLIMITED IN THE CASSAVA INDUSTRY IN GHANAGHANA PRESENTED BY: BEN BENTIL WORKSHOP ORGANISED BY IFAD GOLDEN TULIP HOTEL, ACCRA DATE: 18TH -19TH OCTOBER, 2010
  2. 2. OUTLINE OF PRESENTATIONOUTLINE OF PRESENTATION INTRODUCTION OBJECTIVES OF CALTECH JUSTIFICATION STRATEGY OF IMPLEMENTATION CASSAVA PROCESSING QUALITY PARAMETERS OF FRESH CASSAVA ROOTS. COLLABORATIONS FINANCIAL IMPLICATIONS ON FARMERS FUTURE PLANS
  3. 3. A.A.INTRODUCTIONINTRODUCTION • Caltech is a Limited liability company • Incorporated in 2006 • Head office Accra (Spintex Rd) • Farm operational area: Ho; Volta Region, about 170km from Accra
  4. 4. OBJECTIVES OF CALTECHOBJECTIVES OF CALTECH  To establish a 30,000 Lit per day ethanol production facility in Ghana(Medium term)  To Produce biodiesel to fuel the companies farm machines  To Produce starch  To Produce other cassava based food product for local market  To Produce HQCF
  5. 5. C. JUSTIFICATION FOR THE PROJECT Caltech/Banket Ltd is one of the biggest buyers/seller of extra neutral ethanol. Ethanol purchases for the last 3 years: Purchases QTY(Lits) Av. Buying Av.Selling Price Price 2007 7.2 million $0.70/lit $0.82/lit 2008 8.0 million $0.80/lit $0.92/lit 2009 7.0 million $0.82/lit $0.97/lit Available market Availability of land in the Volta Region. Good agro-climatic conditions Government interventions in cassava programme ie PSI Excellent research result on cassava and soya cultivation
  6. 6. D.D. STRATEGIES OF IMPLEMENTATIONSTRATEGIES OF IMPLEMENTATION Acquisition of 3,000 Ha of land in the Volta Region. Division of land into farm blocks of 100 Ha each (easy mgt) Soybean considered as fallow crop and intercrop. -Rhizobacteriuin japanicum Nodulation -Nitrogen fixation Soybean oil - Biodiesel Soybean cake – Animal feed millers. Registration and support for out growers (Block farmers) and farm families.
  7. 7. E.E. PRESENT LEVEL OF OPERATIONPRESENT LEVEL OF OPERATION CASSAVA: Nucleus farm = 800 Ha Out growers/farm families (165) = 330 Ha Block farmers (10) = 50 Ha TOTAL 1,180 Ha
  8. 8. SOYBEAN-2 CROPS PER YEAR Nucleus farm - fallow crop – 349 Ha -Inter crop – 80 Ha Out growers/Block farmers (10) – 40 Ha PROCESSING COMMODITIES SHORT TERM MEDIUM TERM .Ethanol __ 30,000Lit/day .HQCF 10 tons/day 15 tons/day .Starch __ 20 tons/day .Biodiesel 400 lits/day 800 lits/day .Dough 6 tons/day __ .Pressed Cake 4 tons/day __
  9. 9. QUALITY PARAMETERS OF FRESHQUALITY PARAMETERS OF FRESH CASSAVA TUBER DELIVERIESCASSAVA TUBER DELIVERIES  Uproot mature plant (10-12 months maturity)  Deliver freshly harvested roots Stalk neatly removed No sign of deterioration Relatively high starch content  Roots should have intact skin and cortex.
  10. 10. COLLABRATIONSCOLLABRATIONS Caltech Ventures Ltd CLAYUCA CIATEMBRAPA CRI (CSIR) UNIVERSITIES IITA
  11. 11. FINANCIAL IMPLICATIONS ONFINANCIAL IMPLICATIONS ON OUT GROWERS AND BLOCK FARMERSOUT GROWERS AND BLOCK FARMERS Crop Cost of Yield Buying Gross Net income production/ (tons) Price/ton Income/ Per Ha Ha Ha Cassava $465 20 $36 $720 $255 Soybean $300 2 $285 $570 $270 Investment in children’s education Purchase of building materials Employment opportunities
  12. 12. FUTURE PLANSFUTURE PLANS OUTGROWERS/BLOCKFARMERS:  Cover 6 more district in Volta Region; 1500 farmers in 100 communities.  To cultivate cassava and produce chips for Caltech (150 tons/Day)  Nucleus farm – Block farms (500 farm families)  Expected Returns = $1500/Farmer/Year CALTECH (PROCESSING) • Ethanol = 55,000 Lits/Day • Biodiesel =1000 Lits/Day • HQCF/Starch = 20 tons/Day
  13. 13. THANK YOUTHANK YOU

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