Reserved Amount = € 0,00
Reserved Amount = € 0,00
Reduction of oil dependence by replacing it with more sustainable products: by contributing to the chemical industry with raw materials which are plant-sourced, through the use of biomass from forest waste (invasive species), BGW expects to capture its entire CO2 emissions, estimated at more than 8,000 tonnes.
Promotion of green and innovative chemicals: in Europe’s first third-generation bio-refinery, it will carry out an innovative and sustainable production, with total use of forest biomass.
Promotion of sustainable production and consumption: in its bio-refinery, BGW will produce high-quality charcoal with a high rate of fixed carbon (environmentally friendly), gas which can be converted into electrical energy, and sustainably-sourced chemical liquids such as bio-oil (the production and consumption of these liquids assumes neutral or very limited CO2 emissions, compared to fossil fuels).
Fire prevention: the use of forest biomass for the conversion into electrical energy or others, duly regulated and directed, can contribute to reducing the fire risk since it will promote a more sustainable forest management and consequently will change the structure of forest stands and landscape.
Promotion of the forestry industry and its producers: the sustainable use of forest biomass creates conditions for improving the profitability of the forest. It increases its productivity and the value of the ligneous and non-ligneous materials resulting from the management of the forest stands. BGW will work with several local forest producers, enhancing the sustainable management of the forest and the quality of life of the producers.
BioGreen Woods (BGW) aims to build the first state of the art bio-refinery in Portugal, through innovative technology, focused on environmental sustainability and productive processes. In this industrial unit, the company intends to produce:
High quality charcoal and biochar, with a high degree of fixed carbon, which is also environmentally friendly.
Liquid by-products, such as Liquid Smoke, Wood Vinegar, Methyl Acetate and Eucalyptol for the biochemical, food and cosmetics sectors.
This is the first campaign of a total financing goal of €1 million that the project promoter intends to raise with GoParity’s community. The funds raised will be used to secure the construction and acquisition of the bio-refinery equipment.
This project differentiates itself through the use of forest biomass from invasive species, contributing to a balanced forest management, as well as through its commitment to purchasing only certified wood.
BGW developed its innovative productive process through several years of R&D investment, culminating with the construction of pre-industrial prototypes with which it was able to perform several tests to validate its production ratios as well as business model. This process allows for the more efficient production of higher quality products, without the emission of greenhouse gases and healthier products. This results in gains for the final consumer, the environment and the investors.
The project is in line with the European trends in industry decarbonization, focusing its production on green processes, free of greenhouse gas emissions. The project also fulfills the criteria regarding total resource usage, reducing or even eliminating the waste arising from the productive processes. It is also presented as a solution to accelerate the energy transition and as an alternative to oil. BGW strongly endorses innovation and exports its production, creating value for the Portuguese and European economies, while contributing to the development of territories within the country.
This project is the first step towards the construction of the first bio-refinery in Europe, providing Portugal with the ability to export several final products resulting from this investment, or replacing imports, contributing to an improvement in its trade balance.
BGW’s business plan illustrates that the loan can be repaid through the release of treasury cashflows. The project has a 12% IRR and a projected positive EBITDA in its first year of productive activity, as well as a positive EBIT projection in its second year in business.