An Insight on the Project Overiew
The project is situated in Edo State of Nigeria on a 40 hectre land. It is an integrated project that consist of a 50,000 liters a day ethanol distillery and a 30 tons a day food grade carbon dioxide plant.
It also includes a farming component that will involve the cultivation of 5,000 hectares of cassava farm using an out-grower scheme, a waste treatment plant to generate organic fertilizer, animal feed and a bio-gas as byproducts.
The bio-gas will be used to generate electricity, creating self-sufficiency in the electric energy requirement of the integrated plant complex.
Our bio-fuel (Biomass and Bio-gas) power plant has the capacity to scale up to produce 30 megawatts of electricity. The project will create 15,000 jobs directly from our integrated processing plant and farm with an additional 10,000 jobs created from small and large holder farmers who will support our feedstock requirements.
Nigeria has a large market for ethanol and Asanita has received several local offtakes request for our finished product and three export request.
There is a high demand of Ethanol in Nigeria with 450 million litres estimated use annually.
95% of Nigeria’s Ethanol requirement is imported as local production cannot meet the increasing local demand.
Commercial users of Ethanol are desirous of local suppliers as a way of eliminating importation costs.
Edo State is home to an abundant supply of raw material.
Its central location creates ease of access to huge distilleries and pharmaceutical companies in the South West and South East of Nigeria.