Comparison of the Net Incomes for Different Plant Sizes of Bioethanol Plant from Sweet Sorghum
July 06, 2025
In “Feasibility Study for an Integrated Anhydrous Alcohol Production Plant using Sweet Sorghum as Feedstock”, a study has been carried out by the International Society for Southeast Asian Agricultural sciences Inc. the ICRISAT and the Da-BAR, concerning the net income of three plant sizes namely: 40, 100 and 200 kld. It has been found that a 100 kld distillery is 1.37% more efficient than a 40 kld* distillery and that a 200 kld distillery is 3.4% more efficient than a 40 kld distillery. Table 1 includes the comparison of net incomes of the three plants.
Table 1: Comparison of the Net Incomes for Different Plant Sizes of Bioethanol Plant from Sweet Sorghum, 2006.
|
Income Statement (€) |
40 kld |
100 kld |
200 kld |
|
Sales |
|
|
|
|
Ethanol |
27,170,000 |
27,170,000 |
27,170,000 |
|
Organic Fertilizer |
3,200,000 |
3,200,000 |
3,200,000 |
|
CDM Credits |
432,400 |
432,400 |
432,400 |
|
DDG Sales |
2,100,000 |
2,100,000 |
2,100,000 |
|
CO2 gas produced |
3,300 |
3,300 |
3,300 |
|
Total Sales |
32,905,700 |
32,905,700 |
32,905,700 |
|
Less: Cost of Sales |
|
|
|
|
Stalks |
7,220,000 |
7,220,000 |
7,220,000 |
|
Grains |
5,250,000 |
5,250,000 |
5,250,000 |
|
Stalks Processing Materials |
4,298,000 |
4,244,000 |
4,152,000 |
|
Grains Processing Materials |
1,826,000 |
1,470,000 |
1,438,000 |
|
Total Cost of Raw Materials |
18,594,000 |
18,184,000 |
18,060,000 |
|
Direct Labor |
389,000 |
129,600 |
116,600 |
|
Manufacturing overhead |
1,166,000 |
389,000 |
350,000 |
|
Total Cost of Sales |
20,149,000 |
18,702,600 |
18,526,600 |
|
Less: Operating Expenses |
|
|
|
|
Management/administration |
21,700 |
21,700 |
21,700 |
|
Research & Development |
|
|
|
|
Pollution Control |
98,000 |
97,000 |
95,000 |
|
Maintenance |
406,000 |
401,000 |
392,000 |
|
Depreciation Expense |
4,700,000 |
5,200,000 |
3,530,000 |
|
Realty Tax |
9,000 |
9,000 |
9,000 |
|
Others |
44,600 |
44,000 |
43,000 |
|
Total Operating Expense |
5,680,700 |
5,751,000 |
4,069,000 |
|
Income Before Interest & Tax |
8,631,000 |
8,970,000 |
10,776,700 |
|
Interest Expense |
- |
- |
- |
|
Income Before Tax |
8,631,000 |
8,970,000 |
10,776,700 |
|
Tax |
2,600,000 |
2,900,000 |
3,500,000 |
|
Net Income |
6,031,000 |
6,070,000 |
7,276,700 |
The result of the analysis shows that it is more advantageous for a company to put up a large distillery plant.
The full study can be found at http://www.bar.gov.ph/biofuelsinfo/downloads/FS%20of%20Sweet%20Sorghum.pdf
*Kld=1.000 litres per day
