Download - 2.2 session by bentil presentation
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ACTIVITIES OF CALTECH VENTURES ACTIVITIES OF CALTECH VENTURES LIMITED IN THE CASSAVA INDUSTRY IN LIMITED IN THE CASSAVA INDUSTRY IN
GHANA GHANA
PRESENTED BY: BEN BENTIL
WORKSHOP ORGANISED BY IFAD
GOLDEN TULIP HOTEL, ACCRA
DATE: 18TH -19TH OCTOBER, 2010
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OUTLINE OF OUTLINE OF PRESENTATIONPRESENTATIONINTRODUCTIONOBJECTIVES OF CALTECHJUSTIFICATION STRATEGY OF IMPLEMENTATIONCASSAVA PROCESSINGQUALITY PARAMETERS OF FRESH
CASSAVA ROOTS.COLLABORATIONSFINANCIAL IMPLICATIONS ON
FARMERSFUTURE PLANS
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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
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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
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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 marketAvailability of land in the Volta Region.Good agro-climatic conditionsGovernment interventions in cassava programme ie PSIExcellent research result on cassava and soya cultivation
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D. D. STRATEGIES OF IMPLEMENTATION STRATEGIES 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 - BiodieselSoybean cake – Animal feed millers.Registration and support for out
growers (Block farmers) and farm families.
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E. E. PRESENT LEVEL OF OPERATION PRESENT LEVEL OF OPERATION CASSAVA:
Nucleus farm = 800 HaOut growers/farm families (165)
= 330 HaBlock farmers (10) = 50 Ha
TOTAL 1,180 Ha
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SOYBEAN-2 CROPS PER YEAR Nucleus farm - fallow crop – 349 Ha -Inter crop – 80 HaOut 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 __
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QUALITY PARAMETERS OF FRESHQUALITY PARAMETERS OF FRESH CASSAVA TUBER DELIVERIES CASSAVA 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.
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COLLABRATIONSCOLLABRATIONS
Caltech Ventures Ltd
CLAYUCACIATEMBRAPA
CRI (CSIR)UNIVERSITIES
IITA
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FINANCIAL IMPLICATIONS ON FINANCIAL 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 educationPurchase of building materialsEmployment opportunities
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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
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THANK YOUTHANK YOU