Replies to post #3381 on LCTI Low Carbon Technologies, Inc. (LWCTF)

[ridge16]

NEWS:
Technologies International completes design of Waste to Energy Facilty

April 3, 2014







The company is please to report that the facility design has been completed for the 660 metric ton Waste to Energy Facility located in Beaumont. TX.

PROJECT DESCRIPTION

General: The facility will process biomass such as forest wastes, plastics and municipal solid wastes (MSW) for the production of transportation fuels

Plant Size: 660 Metric Tons per day

Owner: Low Carbon Technologies International Inc., located in Houston, TX

Location: Beaumont TX. LCTI leased property

Technology: The process will use licensed technologies.

Plant: The actual footprint of each plant is 4 to 6 acres, which includes the gasification process, the syngas cleanup process, the power plant, the feedstock storage area and tank farm for the alcohol storage

Feedstock: The plant will receive 660 metric tons per day of wood wastes, MSW and related green wastes activities

Products: Transportation fuels

Employment: The plant requires approximately 30 operating/maintenance personnel. This includes the plant management, engineers, technicians, supervisors, and laborers.

Construction Time: Approximately 12 months. Start date TBD

Financial: The project funding for each project shall come from an investment by independent third party via 20-year lease back agreement and 100% financing

Estimated Plant Cost: $120mm

Economics: Estimated Annual EBITDA of $24mm

Facility Life Expectancy: 20 years