In today’s world, the demand for eco-friendly fuel types is increasing. The establishment of a modern wood pellet production plant in the Zhytomyr region is a step towards developing renewable energy. The plant will have a capacity of 4,500 tons per year, ensuring stable pellet supplies for domestic consumption and opening new opportunities for export. The project entails an investment of 9 million UAH, demonstrating a serious commitment to attracting investors for the development of eco-friendly technologies in the region.
The significance of this project lies in its alignment with current trends in the renewable energy market and the societal demand for clean fuel sources that reduce carbon emissions.
With a high profitability of 35% and a short payback period of 3 years, this project is attractive to investors. The plant will also create 50 new jobs, contributing to an improved economic situation in the region.
INVESTMENT PROJECT
Production of wood pellets in the Zhytomyr region.
- Plant capacity: 4,500 tons per year.
FINANCIAL INDICATORS:
- Investment amount: 9 million UAH.
- Profitability: 35%.
- Payback period: 3 years.
- Newly created jobs: 50.
- Estimated land area required: 1-3 hectares (industrial).
KEY INDICATORS:
- Raw material purchase cost: ~ 500-1,000 UAH per ton.
- Finished product price: ~ 2,400 UAH per ton.
The Zhytomyr Regional Development Agency (ARR) provides assistance in selecting property or land for establishing the enterprise, which will facilitate the successful implementation of the project. The creation of a pellet manufacturing plant will not only enhance energy independence but also provide eco-friendly fuel.
For more news, read here.
For additional information, please contact the Zhytomyr Regional Development Agency at its registered office: 10003, Ukraine, Zhytomyr, S.P. Korolyova Square, 1, office 401
or by phone +38 098 579 32 39, +38 093 43 79 613.
