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in Hungary - Hungarian Investment and Trade Agency

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fund<strong>in</strong>g<br />

RequiRement (euR)<br />

60 000 000 EUR<br />

Biotechnology, life sciences ArAb – HungAriAn Economic Forum – 2012 Budapest<br />

Production of Biodegradable Plastic F<strong>in</strong>ished<br />

Products, Granules, PVA (base material) <strong>in</strong> <strong>Hungary</strong>/<br />

F<strong>in</strong>ished Products <strong>in</strong> other Countries<br />

<strong>in</strong>vestment summaRy<br />

<strong>in</strong>dustry<br />

Renewable energy<br />

Executive summary<br />

Establish<strong>in</strong>g of the basic factory <strong>in</strong> Bélapátfalva for manufactur<strong>in</strong>g 10 000 tons/<br />

year granules <strong>and</strong> f<strong>in</strong>ished products.<br />

The biodegradable plastic is able to replace or substitute the traditional<br />

plastic products, because it has the same physical properties (colourable,<br />

pr<strong>in</strong>table, wirable, etc.) <strong>and</strong> has the same value as the traditional plastic<br />

products.<br />

<strong>in</strong>vestment objective<br />

F<strong>in</strong>ancial <strong>in</strong>vestor<br />

Expected collaboration with <strong>in</strong>vestor<br />

Jo<strong>in</strong>t Venture partner, Capital <strong>in</strong>crease<br />

<strong>in</strong>vestment return <strong>in</strong>dicator<br />

6 years<br />

Bus<strong>in</strong>ess summaRy<br />

Provide a short description of the bus<strong>in</strong>ess<br />

We are target<strong>in</strong>g the <strong>Hungarian</strong> packag<strong>in</strong>g <strong>in</strong>dustry, as one of the largest<br />

markets for bio-degradable products.<br />

The EU legislation provides the potential buyers, as it will ensure that<br />

manu facturers <strong>and</strong> customers will replace the st<strong>and</strong>ard-based products<br />

with degradable plastic.<br />

Our company owns the exclusive contract for the <strong>Hungarian</strong> manufactur<strong>in</strong>g<br />

<strong>and</strong> distribution rights, <strong>and</strong> for Austria, Czech Republic, Slovakia,<br />

Slove nia, Croatia, Serbia-Montenegro, Romania, Ukra<strong>in</strong>e, Switzerl<strong>and</strong>,<br />

Norway <strong>and</strong> Sweden.<br />

In the “Know-how” of the contract, it is not only known <strong>and</strong> manufactured<br />

products that are delivered, but a direct relationship is created with the<br />

developers, the owners of the know-how <strong>and</strong> their proposed research <strong>and</strong><br />

development.<br />

Description of your product(s) <strong>and</strong>/or services<br />

We will fabricate biodegradable plastics with a completely different technology,<br />

us<strong>in</strong>g crystall<strong>in</strong>e (PVA) base materials with the direct addition of additives<br />

to improve the granulate. This technology is significantly better <strong>in</strong> terms<br />

of production costs <strong>and</strong> the price difference compared to the biodegradable<br />

plastic materials made by our competitors.<br />

The average price of biodegradable plastic granules manufactured by us is<br />

3 Euro/kg. The fully processed foil’s price from this granule will cost an average<br />

price of 4.5 Euro/kg.<br />

The technology produced <strong>and</strong> used by our competitors, as “biodegradable”<br />

plastics, have market prices rang<strong>in</strong>g from 6.5 to 9 Euro/kg. The foils made<br />

from it cost an average of 11 to 14 Euro/kg.<br />

contact<br />

<strong>in</strong>foRmation<br />

BIOPLASTIC HUNGARY/<br />

EUROPE Ltd.<br />

Mr József Zsebe<br />

Email: bioplastickft@gmail.com

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