Firm Offers ‘Phased Financing’ for Biodiesel Process Facilities
by Ron Kotrba (Biodiesel Magazine) Nevada-based biodiesel equipment provider International Procurement Tools LLC has announced what it is calling “phased financing,” an approach that allows would-be biodiesel project developers with access to a million dollars to start a small production facility and, after 18 months of production, swap it out for a unit scaled 10 times larger.
IPT says it offers initial installation of an 8,000 metric ton (2.4 MMgy) ultrasonic cavitation biodiesel production unit (multifeedstock) for $1.1 million. The unit is shipped to the desired site in a standard 40-foot container and is installed eight weeks after the order is placed, with production following as soon as two weeks later.
“The smaller unit, developed by Incbio, is designed to offer the latest technology in an easily installed package and provide a 10 percent solution for the larger unit in order to allow the owner to learn the business and create a revenue stream for the financial world,” said Peter Brown, IPT co-founder. READ MORE and MORE