This project is designed for establishing and commissioning a company for highmoor peat mining/processing and manufacturing high-margin peat products (soils, substrates, peat mixes); inter alia, according to patented recipes.
The project payback period is 4.5 years. The average rate of return is 51%. The expected net monthly profit is USD 600, 000.
The area of the proven Kurjanava peat deposit, which is situated near the village of Kurjanava in Hlybokaje District of Viciebsk Region, Republic of Belarus, is 600 ha. The deposit has been used for highmoor peat harvesting; an integrated system of ameliorative drainage canals has been built; the peat moor area is marginally afforested with typical moor vegetation (dwarf pine trees, dwarf birch trees, shrubs, tussocks), which considerably lowers financial expenses on clearing and preparing the peat field for highmoor peat extraction. A prospective geo survey has been carried out at the deposit; it had defined approximate peat lode volumes, peat burial depth, as well as the peat physical and chemical properties. There is also a system of earlier built drainage canals that requires only minor renovation with minimal capital investments. No plants or animals listed in the Red Book of the Republic of Belarus have been found within this natural land plot (Kurjanava peat deposit).
The designed peat processing plant area is 5 ha; it is situated at the village of Uzrečča in Hlybokaje District of Viciebsk Region, Republic of Belarus, 6 kilometers from the peat deposit. All preliminary geological surveys and statutory environmental reviews have been carried out at Kurjanava Deposit, as required for signing the Land Allocation Certificate. According to the laws of the Republic of Belarus, a signed Land Allocation Certificate means the public authorities' tentative consent to legal allocation of the land plot after the completion of design and survey operations.
According to some prior geological surveys, the highmoor peat volume at Kurjanava deposit ranges from 8, 000, 000 m³ to 16, 000, 000 m³ at a depth of 2.5-6 meters.
Random highmoor peat samples taken at this peat deposit show that the decomposition level is 10-20%, ash content: 2-5%, acidity/pH: 2.5-3.5 Such values of the key chemical indicators of the highmoor peat samples attest to the high quality of the highmoor peat deposits at the selected plot.
Milled highmoor peat is highly demanded; it is used as a basis for making nutrient-rich soils or for improving soil structure, and for making pads for soilless cultivation of vegetable and berry plants. A large area of its application covers such agricultural sectors, as olericulture, gardening, fruit and berry farming, seedling production, production of nutrient-rich soils, production of hydroponic pads.
The peat products are mostly intended for export sales to the EU countries (Poland, the Czech Republic, Germany, Hungary, Serbia, the Netherlands), as well as to the markets of Turkey, the United Arab Emirates, Saudi Arabia, Israel, and other countries of the Middle Eastern and Central Asian regions.
The project investments will be aimed at the design and surveys, procurement of equipment for peat field preparation and development, highmoor peat transportation to the processing site, construction of the highmoor peat processing plant, and output of the final peat products, as well as for procurement of the peat processing plant equipment.
The implementation of this project is fully supported by the regional and district authorities.
Project price: 13 000 000
Investments volume: 10 000 000
Stage: Project is at development stage
Lukomskaya Tatyana Evgenevna