Deal #4775 Version 69386 Version 91967
Intention of investment
  • [current] Biomass for biofuels
  • [current] Biomass for biofuels (20000 ha)
Comment on intention of investment
Obax Worldwide Limited requested for 20,000 hectres of land for the cultivation of cassava which is to be processed into ethanol
Actors involved in the negotiation / admission process
  • Edo State Government Government / state institutions (government, ministries, departments, agencies etc.)
  • Nigerian Federal Ministry of Agriculture and Rural Development (FMARD) Government / state institutions (government, ministries, departments, agencies etc.)
Comment on investment chain
Obax is collaborating with Sunbird Bio Energy Limited. Obax Worldwide Limited is the majority shareholder and player in this project. Sunbird Bio Energy Ltd may have pulled out of this project. Total investment of around $150 million for the plantation.
Obax is collaborating with Sunbird Bio Energy Limited. Obax Worldwide Limited is the majority shareholder and player in this project. Sunbird Bio Energy Ltd may have pulled out of this project. Total investment of around $150 million for the plantation. The value of the initial project for the Company is expected to be in the region of RMB150 million (c. Β£15 million).
Comment on crops
The first project will convert cassava feedstock into 100,000 tonnes (110 million litres) of anhydrous ethanol per year.
Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
Ethanol Refinery-cassava which is to be processed into ethanol

Data source #n4KzA5o4

Organisation
nigerian observer news

Data source #rumezLua

Organisation
obaxworld

Data source #7W4Fo9Oj

Organisation
obaxworld

Data source #xNCpqc6_

Organisation
gbcomp
Comment on data source
Sunbird Bioenergy Ltd company dissolved.
Sunbird Bioenergy Ltd company dissolved. Link is no longer working http://gbcomp.p-o.co.uk/en/company_details/08039990/

Data source #mzP-2efk

File
Type
Media report
Keep PDF not public
No
Publication title
China New Energy Ltd_ MOU for biorefinery in Nigeria
Date
2013-10-29
Organisation
Investegate
Comment on data source
URL no longer available https://www.investegate.co.uk/china-new-energy-ltd--cnel-/rns/mou-for-biorefinery-in-nigeria/201310290701056081R/