1 / 11

Barley Protein Concentrate

Barley Protein Concentrate. The first plant protein with the nutritional quality and potential volume to effectively replace fishmeal in aquaculture feeds . Barley Protein Concentrate. MMP developed biological fractionation process, ethanol co product

etta
Download Presentation

Barley Protein Concentrate

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Barley Protein Concentrate The first plant protein with the nutritional quality and potential volume to effectively replace fishmeal in aquaculture feeds

  2. Barley Protein Concentrate • MMP developed biological fractionation process, ethanol co product • Patent pending US and PCT: Claims for Process; BPC composition; Use in aquaculture • Process design: Similar to an ethanol plant but different operating conditions, different enzymes and modified process flow; uses conventional, available equipment

  3. BPC Specifications • 60% protein dry basis • Crude fiber less than 5% • Microbial contamination< 1X104/gram • Protein digestibility: 96% salmon and trout • Phosphorus less than 0.5%, >60%available • Approved by US Food and Drug Administration as protein feed ingredient for aquaculture

  4. PerformanceAquaculture Feeding Studies All studies independently conducted by USDA, universities and companies Trout, Atlantic Salmon, Coho, Char, Yellowtail, Cobia, Red Drum BPC equivalent to fishmeal, BPC/fishmeal blends often superior

  5. Trout Salmon Substitution of fishmeal with Barley Protein Concentrate: 17 weeks Gain gr/fish

  6. BPC Characteristics Amino Acid Profile Barley Protein Concentrate % of total weight Dry Powder – Bulk Density 50 lbs/cu ft Nominal 60% protein These 16 amino acids account for approximately 97% of total protein determined by assay of total N. BPC contains amino acids not determined by this assay, for example cystine.

  7. BPCBusiness Development Plan • Construct first facility Montana USA • close to barley supply, US trout markets • 5,300 tons BPC, 2 million gallons ethanol/year • Expand Production 5X at Montana site • expansion serves west coast North American, Asian Markets • License or Joint Ventures in Europe • countries with barley supply and aquaculture

  8. Status First BPC Facility • Purchase LOIs for BPC and ethanol • Site selected • Bank commitment for $6.5M debt finance • Total project cost $12.5 million • Seeking additional equity financing • Target - break ground Sept 2012

  9. Financial Model Assumptions • 5,300 tons (US), 2 million gallons ethanol/year • Revenue BPC @ $950/ton, Ethanol $2.20/ gallon (recent US spot price) • Production cost Barley 70% of total cost, $10/cwt ($220/MT) historical high Labor 19 fte, Energy, natural gas and electricity at current prices • Total project cost $12.5 million • $5M equity, $6.5M debt, $1M New Market Tax Credit

  10. Montana Financial Model, One production module, no licensing

  11. Expanded Montana Operation Five production modules & Licensing

More Related