A lternate Energy Leaders - Sky Master Project Holding
Transcription
A lternate Energy Leaders - Sky Master Project Holding
www.frantechasia.com 2 | January 2014 | FranTechnovation www.frantechasia.com From the President's Desk W elcome to the eighth issue of FranTechnovation, a multisector magazine that showcases technologies from across the world. Technology has revolutionized not only the way we function in our daily lives, but also the way in which we perceive the rest of the global community, in uncountable ways, by very effectively shrinking the globe and making cross-border exchanges easier than ever before. FranTechnovation, featuring projects and organizations that are leading these winds of change across a number of industry sectors, focuses specifically on technological developments, which, regardless of the complexity of processes involved, share the vision of a more equitable use of resources. Be it the construction sector, the artificial intelligence industry, manufacturing or green technology, we bring to you a host of carefully selected projects that we believe are likely to positively impact human lives through the manner in which these are designed and executed. Our cover story this issue looks at an extraordinary prospect of establishing an ecosystem which is absolutely sustainable and will change our perspectives towards conserving environment, in the Albanian Biopark. It won’t be an exaggeration to say that this is the first demonstration of scorer of new technologies. A project that aims to turn otherwise unusable land plots into generators of development and wellbeing for the community, country and the planet. The critical component of the model is the botanic or ecological greenhouse. The new technology being implemented here for the first time will ensure 100% bio-products and a faster growth cycle with lower cost for any kind of agricultural products. Read on to find out how the Biopark would create a new environment to cultivate sea and river fishes, agri-products and a new perspective towards a working atmosphere. And the best part is that it can be replicated in any country’s unusable plots! discovered in East Africa. . A greenfield refinery project (the “Project”) will be ideally placed to capitalize on this opportunity. It also covers Stallion Lubricants, Refinery Company (SRC) has the capacity to process 116,400 BPSD of Mixed Base Oil after start-up. And other such companies which have come up with technologies & resources to change the Petrochemical’s scene in the world. In “Alternate Energy Leaders”, we showcase the new technology of Aquaculture which breeds several different species of fishes and gives relief to the fishery scenario. We also feature the Earthblock Technologies Inc., which has acquired Earthblock Genbiofuel Inc., exploring opportunities and developing relationships to expand the use of renewable resources to include renewable resource markets and the ancillary products produced from the environmentally conscious harvesting and use and reuse of products from renewable sources. Our section on Building Scaffolds cover a lot of exciting new technologies in the areas of construction including the Al Marjan Island of Saudi Arabia, the First ever Floating Freedom Ship and many more! In our “Thought Leadership” section, we showcase “training project” featured by the Euclide University essentially focusing on Management Development Programs in Gujarat and other states. In our “Money Matters” section, Trans Global Development Group, LLC who are industry leaders for consulting progams & project management & Blackrock Co. of U.S. which looks after investment profiles and gives solutions for same are featured. These will amaze you, we promise. We look forward to your responses : do get in touch and let us know what you think of our stories. Shanker Damodaran President, FranTech Asia “Petrochemicals” features the Uganda Oil Refinery which showcases new oil resources | January 2014 | FranTechnovation 3 www.frantechasia.com 4 | January 2014 | FranTechnovation www.frantechasia.com High level Licensing, Financing, Franchising and Marketing to move Technologies, Products and Services Internationally. Contents www.FranTechAsia.com Publishers: India Office : 56 BMM Society, Ellisbridge, Ahmedabad - 380006, Gujarat, India Contact Details : +91(0)9327067935 [email protected] President & Editor in Chief : Shanker Damodaran Editor : Saumya Das Creative Head : Mona Bhatt Editorial Support and Production : Pankhi Gram & Jill Shah Graphic Support : Moin Kazi Disclaimer The inclusion of any article or advert does not constitute any form of endorsement or approval by FranTechnovation Whilst we make every effort to ensure that all advertisements and articles are correct, FranTechnovation will not be held responsible for errors or omissions. © FranTech Asia All rights reserved. No part of this magazine may be reproduced or transmitted in any form or by any means without permission in writing from FranTech Asia except that brief passages may be quoted by a reviewer in a magazine, newspaper or broadcast review. This publication is designed to provide its readers with accurate and authoritative information with regards to the subject matter covered. If further detailed advice be required, the services of a competent person need to be sought. Part of The Global FranTech Group Cover Story FranTech Asia ALBANIAN BIOPARK Albanian International new Dimensions and the institute for quality and integration under the guidance of Prof Otto Juma Losonc, inventor of cutting edge technologies, have teamed up to create and finalize a model of sustainable and effective developments where everything is recycled and Reused. Albania in the 100th Anniversary of its independence has embarked in this Biopark Albania Project to demonstrate and then replicate it in other countries as an original and effective development and production well being model, giving mankind an optimistic, bright future. The biopark Albania is the first practical demonstration of the scorer of new technologies with promise to gradually fulfill mankind’s basic needs throughout the world. These new technologies being trialed out here present a new vision for future of humanity. Read on to know the exciting ways in which the Biopark helps creating a perfect eco-system… GUJARAT TRAINING PROGRAM EUCLIDE EUCLID is a specialized intergovernmental organization established in 2008, holding a university mandate and charter published in the United Nations Treaty Series (certificates 49006/49007). EUCLID has signed up with FranTech Neutral Zone to teach “FranTech Neutral Zone Training Curriculum” program and EUCLID UNIVERSITY will help train GUJARAT Government Team . Read on to explore about the beneficial Management Development Programs offered… AQUACULTURE COMPANY There is great unfilled demand for fish and seafood, worldwide. Read on to know how the Aquaculture technology changes the fish breeding scenario and makes it a convenient business… | January 2014 | FranTechnovation 5 PETROCHEMICALS UGANDA OIL REFINERY East Africa’s rapid economic progress is leading to growing demand for petroleum products. Inadequate refining capacity and difficulties in transporting imported products inland raises cost and risks for petroleum product supply in the hinterland. Oil resources discovered in Uganda is an adequate feed source for a local refinery and it will primarily serve the petroleum product markets in Uganda and its western neighbors. Additional outlets will be available within the larger product markets of Kenya and Tanzania. The refinery will serve a potential market of 232,000 BPD in its first year of operations. Read on to know more on how the discovered resources would help in economic growth… 8 ROSNEFT PETRO ELECTRICAL POWER FROM WATER FUEL Blacklight technology is based on the innovative Grand Unified Theory of Classical Physics (GUT-CP) which is the theory that classical physical laws (Maxwell’s Equations, Newton’s Laws, Special and General Relativity) must hold on all scales. BlackLight has developed a commercially competitive, nonpolluting source of energy that forms a predicted, previously undiscovered, more stable form of hydrogen called “Hydrino”, a system engineering design of an electric generator that is less that a cubic foot in volume to generate ten million watts of electricity, enough to power ten thousand homes. 30 BUILDING SCAFFOLDS 24 Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies. Rosneft is widely engaged in exploration and production across all key hydrocarbon regions of Russia: Western Siberia, Southern and Central Russia, Timan-Pechora, Eastern Siberia and the Far East. Rosneft has been successfully implementing its strategy of steady production growth, supported by constant monitoring and adoption of innovative technology. Unlike many of its competitors, Rosneft has a vast and high-quality reserve base, with total proved hydrocarbon reserves of 22.8 bln barrels of oil equivalent – among the best indicators for a global publicly traded oil and gas company. ALTERNATE ENERGY LEADERS A Joint Venture between GPI and Global Chemical Co LLC of Abu Dhabi 42 There is a need for the manufacturing of oilfield chemicals in the UAE. Many companies manufacture in the US and import and resell in the Gulf 24 States. Local manufacturing would provide much needed chemicals in a timely and economical fashion to the local and international markets. This is being done by a Joint Venture between GPI and Global Chemical Co LLC of Abu Dhabi to produce and sell chemicals to the drilling and completions fluids market worldwide. 56 FLOATING FREEDOM SHIP Freedom Ship’s concept is proposed to be a unique place to live, work, retire, vacation, or visit. The proposed voyage would continuously circle the globe, covering most of the world’s coastal regions. Its large fleet of commuter aircraft and hydrofoils would ferry residents and visitors to and from shore. This proposed voyage would continuously circle the globe, covering most of the world’s coastal regions and it would include a wide array of recreational and athletic facilities, worthy of a world-class resort, making Freedom Ship a veritable “Community on the Sea.” AL MARJAN ISLAND Extending 4.5km out into the sea and covering an area of 2.7 million square metres, Al Marjan Island is a celebration for the senses, combining a world-class resort development with environmental and cultural sensitivity. An amazing destination for extraordinary people, Al Marjan Island presents an opportunity for investors to enjoy returns only previously possible in Abu Dhabi and Dubai, with buyers from around the world taking advantage of the fact that the land is 100% freehold and there is no corporate, income, sales or export tax in Ras Al Khaimah. MONEY MATTERS INTERNATIONAL MONETARY SPECIALISTS 82 54 APAR INDUSTRIAL CITY, SAUDI ARABIA 52 This ambitious project calls for the development of an oil refinery and petrochemical complex in the southern provincial region of Asser, Saudi Arabia. The project is spread on 175 km2 land area. And will consist of a petroleum refinery plant, a petrochemicals complex, a seaport of 2-4 million MT cargo per annum handling capacity, Commercial business district, an Airport, a Modern residential subdivision for company personel and their families with complete urban facilities, such as housing complex with utility services such as water treatment and power plant facilities, etc. Read on to know the exciting opportunities it holds for growth and development… THOUGHT LEADERSHIP INDIAN RIVER WATERWAYS 67 Inscription on a stone removed from the Vaigai river bund has revealed the existence of an ancient irrigation network and river link in Madurai and adjoining areas. The stone, which is kept in the Meenakshi Sundareswarar Temple museum, was deciphered by historians S.M. Ratnavel and C. Santhalingam , members of the Pandia Nadu Centre for Historical Research here. “The inscription which dates back to 690 AD suggests that an irrigation project was in existence during the reign of Pandya King Arikesari. This is probably the first instance of evidence detailing the existence of irrigation projects in ancient Tamil Nadu,” Mr. Santhalingam says. Read on to know more… The Point of Conversion is the moment that the currency transaction occurs and it is when the actual value’s moment of the currency exchange is determined. IMS believes that its clients should know when the transaction occurs and what additional fees and costs have been applied to their transaction. As described by IMS, the transparency of the cash conversion process at the actual “Point of Conversion” (“POC”), reveals deal and offset pricings and time thereof; thus providing IMS’s clients with a complete report of conversion as with any commodity conversion. TRANGS GLOBAL DEVELOPMENT GROUP, LLC TransGlobal Development Group, LLC serves as an advisor and consultant to sovereign nations, corporations, associations, partnerships, and individuals to establish and maintain teams of experts for industrial, financial, statistical, inventory, and to engage generally in the business of providing promoting and creating systems, methods, and strategies for industrial development. TrangsGlobal Develpment Group, LLC’s attention to service and detail has made them an industry leader. Their wide range of services provides the exact solution to Organizations looking at expansions. 75 Petrochemicals Uganda Oil Refinery O il Resource Discovered !!! East Africa’s rapid economic progress is leading to growing demand for petroleum products. Inadequate refining capacity and difficulties in transporting imported products inland raises cost and risks for petroleum product supply in the hinterland. Oil resources discovered in Uganda is an adequate feed source for a local refinery. A Greenfield refinery project (the “Project”) will be ideally placed to capitalize on this opportunity: lThe Government of Uganda (the “GoU”) will invest up to 40% of Project equity and has appointed an Advisory Team to assist it in the procurement of a Lead Investor/ Operator. l Refinery capacity: 60,000 BPD. l Significantly higher gross refining margin (“GRM”) than global levels due to inland location, composition of crude oil, and the addressable market. l Project will have a dominant position in the target markets of East Africa. The Government of the Republic of Uganda (GoU) is inviting statements of qualification (SOQ) from appropriately qualified firms/consortia to lead and invest in the development of a Greenfield oil refinery, with a capacity of 60,000 BPD in Uganda, and the associated downstream infrastructure (the Project). The Project will be owned by the selected firm/consortium and the GoU in a 60:40 partnership. The Project will serve a large and growing market for petroleum products in East Africa with opportunities for significant riskadjusted returns. Crude supply will be sourced from the consortium of upstream producers, comprising CNOOC, Total SA, Tullow Oil and the Government of Uganda. One of the objectives of the National Oil and Gas Policy for Uganda is to refine the oil resources discovered in the country. Timeline for Project development: – Release of the RFQ: October 2013. – Selection of Lead Investor/Operator: H1 2014. – Financial Close: H2 2015. – Commencement of Operations: 2017 / 18. Strong Track Record of Economic Growth FDI inflow more than doubled to USD 1.72 billion in 2012 as compared to 2011 driven by investment in the oil & gas industry. Substantial Product Demand Addressable by The Project The Project will primarily serve the petroleum product markets in Uganda and its western neighbors. Additional outlets will be available within the larger product markets of Kenya and Tanzania. The refinery will serve a potential market of 232,000 BPD in its first year of operations. The Ugandan economy has a long track record of persistent economic growth: economy grew twice as fast as Sub Challenges In The East African Downstream Sector Increase Cost Of Supply l Entire East Africa has only one refinery at Mombasa, Kenya. Saharan Africa during this period: 6.9% vs. 3.4%. l Strong structural advantages drive the country’s economy: l Stable political and macroeconomic environment. lSecond l youngest population in the world, as measured by young dependency ratio. 2 l www.frantechasia.com | January 2014 | FranTechnovation l The 70,000 BPD refinery runs at less than half its capacity. l Commercial issues cause frequent disruptions in output. Ground transportation of imported products through Kenya is strained. l Products are mostly transported by road due to limited pipeline reach and capacity. www.frantechasia.com l Uganda and its western neighbors can suffer serious supply disruptions in the event of logistical interruptions in Kenya. Product Prices in East Africa were 30 x 110% more expensive than in the US in November 2010. Discoveries In The Lake Albert Region Are Promising 3.5 billion barrels of oil in place has been discovered, of which 1.2 - 1.7 billion barrels are commercially recoverable. Resource also contains 350 bcf of gas. Plateau production of 170 - 200 kboepd within five years from final investment decision. CNOOC, Total SA and Tullow Oil are developing the hydrocarbon resources. Expected to invest more than USD 13.8 billion in 20 years. Submitted Field Development Plans for nine fields and are appraising 10 additional fields. 60% of the Albertine basin is yet to be explored. The Ugandan crude blend ranges between 23 – 33 API, 0.16 wt% sulfur crude with about 40% vacuum residue. It is paraffinic and waxy with a 40°C pour point. Project Grm Higher Than International Levels Due To Inland Location Lower crude procurement cost, which will be determined on netback basis. Waxy and low sulfur crude more suited to onsite refining than pipeline transportation; products are environment friendly. High tariff for heated crude export pipeline lowers crude feedstock cost for the Project. Higher product prices, which will be determined on import parity basis. High transportation cost of products reflected in product prices realized by the Project. Lower crude procurement cost and higher product prices result in significantly higher Project GRM relative to normal international levels. Project Aligned With Gou’s Objectives With the Project, the GoU expects to make use of the country’s oil and gas resources to contribute to early achievement of poverty eradication and create lasting value to society by: Enhancing energy security by reducing | January 2014 | FranTechnovation 11 the need to import petroleum products; www.frantechasia.com market to be confirmed. Enables earlier energy security. Meeting Uganda’s growing energy needs for petroleum products and power; Improving the balance of payment; and Developed under a public - private partnership: GoU will hold 40% of Project equity. Creating investment opportunities in other sectors. Project is part of GoU’s long - term commercialization strategy. Short term plan: Use of crude oil from Extended Well Testing in cement plants, thermal power plants, etc. Until the refinery is operational, use of crude oil and gas produced for power generation. Medium term plan: Phased development of a 60,000 BPD refinery. Commercialization of gas produced. Development of a crude oil export pipeline. Long term plan: Potential expansion of the refinery. Development of petrochemical and energy based industry. Project Overview Project is composed of two facilities: 60,000 BPD Refinery in Hoima; crude oil and product storage facilities on site; and a 205 km long product pipeline to a distribution terminal near Kampala (terminal is not part of the Project). Refinery is proposed to be developed in two phases of 30,000 BPD. Reduces implementation risk and financial exposure. Allows absorptive capacity of the 12 | January 2014 | FranTechnovation A Lead Investor/Operator will contribute the balance of 60%. Substantial Progress On Project Development Foster Wheeler (“FW”) conducted a detailed feasibility study of the refinery in 2010. FW studied the entire petroleum value chain and various refinery configurations. FW concluded that Project investors would earn an attractive financial return. In July 2013, the Ugandan Parliament enacted a law governing refineries and other petroleum infrastructure. Along with the Petroleum Supply Act of 2003, the law paves the way for the Project. A transaction Advisory Team has been retained by the GoU to provide ongoing assistance during the Tendering process and subsequent financing. The GoU is in the process of acquiring 29 km2 of land for the Refinery and related infrastructure. The GoU is currently developing the tendering documents, with the RFQ expected to be released in October 2013. To know more about the Uganda oil refinery and to learn about the investment opportunities, contact [email protected] www.frantechasia.com | January 2014 | FranTechnovation 11 Petrochemicals STALLION Lubricants FZC Ras Al-Khaimah, United Arab Emirates www.frantechasia.com The Stallion Lubricants, Refinery Company (SRC) has the capacity to process 116,400 BPSD of Mixed Base Oil after startup. Or 2000 Mons Daily. The refinery is designed to process a mixed feedstock of 65% Consumed Oil (76,400 BPSD) and 35% (40,000 BPSD) from Extract Oil. T o understand this better, used oil re-refining is the process of restoring used oil to new oil by removing chemical impurities, heavy metals and dirt. Used Industrial and automotive oil is recycled at re-refineries. The used oil is first tested to determine suitability for re-refining, it is then dehydrated, which is then treated before being released into the environment. “We, at RSB Group, have always believed in the concept of total quality and complete customer satisfaction as the key to achieve our corporate goals and enjoy the pleasure of attaining genuine success.”, says the Chairman, Dr. Sameer Muhammad Khattab Al-Hasan A piece of land measuring 12’621 Sq. Meters availed for the facility of the project. The total Land area of the Project is estimated at 12’621 Sq. Mt. that includes covered and open. Plant and machinery consists of the following sections: The Refinery will produce: • 12% Gas Oil (14,583 BPSD) • 10% Heavy Base Oil (12,612 BPSD) • 36% Light Base Oil (44,752 BPSD) • 7% Kerosene (8.976 BPSD) • 24% Regular Base Oil (30,397 BPSD) • 4% Fuel Oil (5,105 BPSD) • Bitumen (145t/d) • 7% Wax (8,869 BPSD) • Oil Recycling Plant • Oily Sludge Treatment Plant • Lube Oil Blending Plant Recycling Used Oil Oil originates from fossil fuels and is a valuable resource in its original form and as a recyclable substance. Oil can be reused and recycled through reconditioning, reprocessing and re-refining. These recycling efforts help to: • • • • • Save energy Conserve natural resources Protect the environment Reuse an existing resource Save money | January 2014 | FranTechnovation 15 www.frantechasia.com Used/Contaminated petroleum fuels, oils, lubricants and grease compounds, sulphides and phenol. Biochemical removal of BONDING, phenol, glycols, surfactants and other organic substrates using a system of aerobic bioreactors. Removal of TOC, phenol, surfactants, glycols and metals by Reverse Osmosis (RO) technology. Water content varies depending on the source, but oils in this group generally contain between 3% to 60% water. Other contaminants include silt and solids, lead, zinc, aluminum, Calcium, magnesium, iron, silicon, glycols and sulphur compounds. Oily sludges and solids. Used/contaminated fuels, lubrication and process oils, greases and high boiling point solvents. Treatment Processes Primary gravity separation of water and decantation of product. Water stripping by vacuum distillation. Forward chemical de-emulsification for difficult or high water-in-oil emulsions. Removal of ash, lead and other metals by enhanced chemical demineralization. Removal of carbon soot and particulates from high quality products by unique chemical de-carbonization process. Self-cleaning filtration and high speed centrifuge units for removal of silt, carbon and other fine solids Oily Waters and waterbased oil emulsions A wide variety of oil contaminated waters and spent emulsions (“white waters”) containing up to 15% mineral oils or combinations of mineral, vegetable or animal oils. Major Pollutants include glycols, antifreeze compounds, suspended solids, phenol, sulphides, organo-sulphur compounds, surfactants, biocides, ammonia, aluminum, iron, zinc and other heavy metals. These waters are also generally high in BONDING. Treatment Processes Induced air flotation (IAF) to “rough out” oil and fine solids. Ceramic membrane ultra filtration. Chemical oxidation of organo-sulphur Mixture of oil, water, solids and flog, either as fluid slurries or paste-like solids. Treatment Processes Coarse screening upon discharge into in-ground pits. Cyclone separation of larger solids. Fine solids removal by decanter centrifuge. Oil separation by induced air flotation (IAF). Tank Cleaning Operations RSB also undertakes cleaning of all types of Storage Tanks and Chemical Tanks in Refinery and the Petrochemical Industries • Crude Oil • Fuel Oil • Gasoline • Kerosene • Gas Oil • Bitumen • Crude Tar • Phenol • Styrene • Ethylene • Crude Benzol It provides the Equipment, Technical and the Supervisory personnel needed for a variety of tank cleaning operations. RSB is experienced with both land based tanks containing petroleum and other regulated materials. The tanks they’ve cleaned include petroleum barges, vessel fuel tanks, bilges, And machinery compartments. To know about the Stallion Lubricants and its services and to avail the licensing opportunities, contact [email protected] www.frantechasia.com | January 2014 | FranTechnovation 17 Petrochemicals www.frantechasia.com SINAP COMPANY www.frantechasia.com A Crude Oil Refinery On the Red Sea Coast Sinap Company, an Egyptian privately held stock company, is establishing a crude oil refinery on the Red Sea coast near the port of Ainsoukhna, Egypt. The continued positive outlook for petroleum products, as confirmed by reports on the industry’s growth, calls for an expedited effort for Sinap to develop and establish this refinery. It seeks $4.225 billion from a joint venture or equity investor over four years to complete this project. Project Owner: Sinap Company Sinap is a 2-year old company established for the creation, establishment, and management of the Sinap Refinery. It is a privately held stock company initially capitalized at $1 billon 200 million USD in 1997 as a subsidiary company of the four following subsidiary companies in the tourism business. Sinap is headed by Chairman Mr. Mohamed Ghorab who is principal owner with 59.925%of Sinap shares. A businessman by training and experience, 1952 Cairo University BA in Military science, Mr. Ghorab has 56 years of experience in private business primarily in tourism related ventures. His successful career is proven by his business accomplishments such as establishing 3 companies working in tourism (queen for tourism, Queen Nile cruses & queen for hotels & tourism investments) and a foreign trading company called Fostat . The Chairman is supported by other owners who also serve as Board Members: Dr. Mahmoud Fahmy , BA in Commerce 1962 Cairo University, owning 37.25% of Sinap, Dr. Abdul Moneim Osman BA in Medicine 1951 Cairo University, owning , 1,25% of Sinap, Mr. Selah Osman BA in Arts 1955 Cairo University, owning , 1,25%of Sinap company . Sinap is currently supported by a professional staff and consulting personnel as needed individuals that have contributed significantly to the advancement of the company. The Sinai Petroleum Products Company (Sinapco), an Egyptian privately held stock company, is establishing a petrochemical refinery on the western coast of the Gulf of Suez 8 kilometers south of Ain Soukhna, and about 55 kilometers south from the port of Suez, Egypt. The continued positive outlook for petroleum products, as confirmed by reports on the industry’s growth, calls | January 2014 | FranTechnovation 19 for an expedited effort for Sinapco to develop and establish this refinery. Under the original October 2008 business plan, it seeks $6.7 billion from a joint venture, equity investor, or investment bank over four years to complete this project and launch production operations. Under a current worst case scenario, it would seek $5.5 billion. Sinapco launched the project in 2006 investing $10 million resulting in the completion of the initial first step required for procurement of the land, obtaining all government authorizations & licenses, and www.frantechasia.com assessment of needed project inputs. In addition to the refinery, the project includes the installation of large crude oil supply storage with a total capacity of 12 million barrels. For this, 2,175,000 square meters of land adjacent to the project site will be purchased. The crude oil storage will not only service the Sinapco refinery, but will also be an additional revenue source accommodating desperately needed crude oil storage for Saudi and Gulf States’ producers. By 2012, Sinapco will start producing at least 142,620 barrels per day of refined products. The project is composed of five steps: Step 1 - Feasibility study, assessment of project needs, development of implementation plan, obtain government authorizations and licensing, and procurement of land. Sinap has completed this phase with an investment of $10 million. 1 2 3 4 5 Step 2 - Contracting for technical services, preengineering work, development of detailed annual work plans, contracting for technical design. Funding needed is $100 million Step 3 - Contracting for procurement of equipment and contracting for construction. Funding needed is $950 million Step 4 – Procurement of equipment and construction. Funding needed is $1.375 billion 20 Step 5 – Launch refining operations. Funding needed is $1.8 billion. | January 2014 | FranTechnovation Detailed Description Of The Sinap Refinery The project is composed of two phases ,the first phase is the construction of a petroleum refinery using crude oil and the second phase is the production of Petrochemicals utilizing the Nephta or any other alternative produced by the refinery (the first phase ). Brief introduction of the Project The eventual complex will be planned for a refining capacity of 150,000 200,000 BPCD of crude oil, and will include an Isomax Unit with Hydrogen Plant, Vacuum Unit and Visbreaker together with Petrochemical plants for Fertilizer, polyester and chemical fibers, and other petrochemical products. The first phase: will be a hydrokimming refinery with a capacity of 150.000 -200.000 BPCD which is capable of refining light, medium-and heavy crude oils and producing a full range of finished Petroleum products to high quality. www.frantechasia.com The First Phase of the project is the initial fuel type refining. It is estimated to be completed in 3 years. Annual Average Material Balance Crude Feed (150 000-200 000) BPCD Saudi50% Kuwait50% Or Similar Assume Total Crude Products (for 100.000) 100 000 BPCD LPG 2000 Gasoline22440 Jet A-I 3880 Kerosene (burning grade) 2040 Gas oil 22160 Fuel oil (bunker C) 42560 Total Products 95 080 In addition approximately 18.00 TPD of Sulphur will be produces. Notes: 1 Some LPG is used to supplement refinery fuel requirements. 2 The Octane requirement has to be met without lead additions. Equipment Atmospheric Crude Distillation100,000 BPCD Vacuum54,400 BPCD Visbreaking 26,300 BPCD Hydrocracker, VRU and Hydrogen Plant44,200 BPCD Naphta Catalic Reformer 60,100 BPCD Naphtha Hydrotreater 66,500 BPCD Sour Water Stripper, Aminen and Sulphur130 BPCD Jet Fuel-Kero Treater 10,100 BPCD Diesel Treater 7,200 BPCD Gasoline Treater 58,500 BPCD LPG Treater 8,690 BPCD Fluid catalytic cracker Variable to meet Alkylation Unit (set for HSO operation) 4,650 BPCD Butane - Butane sphere storage 5,650 BPCD Delayed Catalytic Coker 16280 Lb/hr. Utilities off site for 100,000 BPCD Crude Charge Flare/blowdown 1,440 MT/Hour Steam 3 x 200 MT/ Hour 720 MT/Hour Water Pretreatment 2,040 MT/Hour BFW Pre-treatment 300 MT/Hour Fire Water System 1,920 MT/Hour Cooling Water System 48,000 MT/Hour Air 15,600 normal M3/ Hr Inter Gas 1000 normal M3/Hr Waste Water 290 MT/Hour Power Generation 3 x 40 MW 120 MT/Hour Fuel Gas/Fuel OillVisbreaker tar system Utility power generation is set run from Visbreaker Tar Sys. Transportation: The site location is just on the high way Suez-Hurgada. Environment protection: The location is sea shore tourist area, so it is facing severe environmental protection. | January 2014 | FranTechnovation 21 Power supply: The location is about 1 Km away from National EEA GRID (Egyptian Electricity Authority) substation and lines are feasible, option has to be explored. However the complex is planned to have owned power supply facilities in addition to the access to EE A GRID if viable. Communications and other infrastructure facilities: It is a big advantage to be neighbor the “SUMED” facilities , which allow the project to use all available governmental infrastructure facilities at low cost and saving lots of investments . The Site - Location It is situated Al Sokhna between the Km 52 to Km 55 Suez – Hurghada , Road South of Suez City & Suez port. The area is 401 Fadden (about 1,684,200 Sq meter) just neighboring the site facilities of “Sumed” Co. and port. Advantage of the chosen site: Ports: The nearest is “Sumed” port which is of 300,000 tons and suitable for berthing large oil tankers. We will have two alternatives, either to use the “Sumed” port and pipelines facilities for products exports or build both pipelines for imports and exports together with port facilities. Preliminary discussions took place in this regards with “Sumed” Co. but naturally the final decision will be taken after extensive study of the detailed costs and other related factors. During the project’s construction, the equipment can be transported from Suez port which is 60 km to the north of the site. 22 | January 2014 | FranTechnovation www.frantechasia.com In addition to the existence of a neighboring area for sale now, this can be a good place for storing either crude oil or refined oil. Engineering Geology: Engineering Geology is good, based on the nearby “Sumed”, Attaka Power Station, Suez Refinery, El Nasr Fertilizer Co., Port Suez etc. Conclusion: The allocated land site is considered perfect location for the project by all international measures of industry on one hand and credit of cost saving and construction duration are added values on the other hand. Cost saving: A- Land price:Land has been allocated to the project with a cost much less than the prevailing current price, a potential saving more than$ MM75.0 is being materialized. B- Access to nearby projects facilities ,ports power and high way and communication system ,Sumed pipe line ,water supply can materialize substantial saving estimated not less than 50.0 MM$ . Construction can be completed ahead of time by not less than 8 months. Project criterion • Egypt’s strategic geographical position. • Continuous support by the government policies to petroleum sector. • Large Egyptian market demand. • Egyptian long term valuable experience in the oil and petrochemical industries. • Skilled and well trained manpower. • Increasing potential and utilization of natural gas in Egypt. • Availability of reliable infrastructure of gas and products transportation. • Construction of a new private sector export oriented refinery in Egypt. www.frantechasia.com • Availability of export and import facilities close to project location. • Existence of common carrier gas transmission pipeline system to transport the gas. • Capability of Egyptian public refineries to export large quantities of Naphtha as well as other products. • Availability and flexibility of feed stock utilization (Naphtha or C2 /C3 mix). limited resource basis on the strength projects commercial arrangements. To achieve this objective, a project credit/security structure will be developed containing a range of financial undertakings and contractual commitments by the Project’s participants. Potential sources of debt financing export credit agencies, international/multilateral financial institutions, regional development banks and commercial banks. Project Financing To know about the Sinap Company and investment and licensing opportunities, contact President@ FranTechasia.com The project will be funded by sponsor equity and debt in appropriate proportions. It is the sponsor’s objective to raise debt financing on a | January 2014 | FranTechnovation 21 Petrochemicals Energy For Growth! www.frantechasia.com R osneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies. The Company is primarily engaged in exploration and production of hydrocarbons, production of petroleum products and petrochemicals, and marketing of outputs. Rosneft has been included in the Russian Government’s List of Strategic Enterprises and Organizations. The state holds 69.50% in the Company (through OJSC ROSNEFTEGAZ), while approximately 10% of shares are in free-float http://www.rosneft.com/ Investors/structure/share_capital/ Business geography Rosneft is widely engaged in exploration and production across all key hydrocarbon regions of Russia: Western Siberia, Southern and Central Russia, Timan-Pechora, Eastern Siberia and the Far East. In addition, the Company participates in several exploration projects in Kazakhstan and Algeria. Rosneft’s seven major refineries have convenient locations throughout the country, from the Black Sea coast to the Far East, and the Company’s retail network covers 41 regions of the Russian Federation. Rosneft also owns 50% of Ruhr Oel GmbH which holds stakes in four refineries in Germany. Reserve base Unlike many of its competitors, Rosneft has a vast and high-quality reserve base, with total proved hydrocarbon reserves of 22.8 bln barrels of oil equivalent – among the best indicators for a global publicly traded oil and gas company. Moreover, Rosneft is second-to-none on an international scale in terms of total proved liquid hydrocarbon reserves. The Company’s proved reserve-to- production ratio is 25 years. Rosneft operates mainly conventional reserves, so the Company is well-placed for efficient increase in hydrocarbon production. In addition, Rosneft has access to 12.5 bln barrels of oil equivalent of probable reserves and to 10.5 bln barrels of oil equivalent of possible reserves, which will become the main source of proved reserve extension in the future. Geological exploration Rosneft is focused on expanding its resource base through intensive exploration and new acquisitions in order to secure sustainable production growth in the long term. Reserve replacement has averaged 150% in the last five years, not including acquisitions, which is among the highest indicators in the sector. Rosneft’s major exploration projects are located in Russia’s most promising oil & gas regions, such as Eastern Siberia, the shelf of Russia’s Black, Caspian and Azov seas, and the Russian Far East. As a result, the Company has access to 50.5 bln barrels of oil equivalent in prospective recoverable resources. In 2010 the Company acquired several blocks on Russia’s Arctic shelf, which is one of the most promising oil & gas regions in the world. Oil production Rosneft has been successfully implementing its strategy of steady production growth, supported by constant monitoring and adoption of innovative technology. In 2010, the Company produced a total of 875 mln barrels of crude oil, thus posting a six fold growth in crude output over the last five years. Furthermore, the Company consistently maintains high operating efficiency, and has the lowest upstream production and operating expenses among its national | January 2014 | FranTechnovation 25 and major international peers. Gas production Rosneft is also one of the leading independent gas producers in Russia, with an annual output of natural and associated gas of about 12 bcm. The Company’s vast and unique reserve portfolio ensures steady long-term growth in gas output. Rosneft is currently implementing comprehensive measures aimed at achieving a target gas utilization rate of 95%, one of the Company’s high-priority objectives. Refinery throughput Rosneft’s refinery throughput in 2010 totaled 369 mln barrels – a record high for the Russian oil industry. Favorable refinery locations enable the Company to raise consistently the efficiency of petroleum product sales. Rosneft is now actively involved in expanding and upgrading its refineries to enhance further the balance between crude output and refinery throughput, and to boost production of higher value-added petroleum products meeting the latest environmental standards. Export terminals Rosneft also operates proprietary marine terminals in Tuapse, De-Kastri, Nakhodka and Arkhangelsk, which allows the Company to capture higher margins on crude oil and petroleum product exports. Rosneft is currently implementing comprehensive expansion and modernization programs at its terminals to ensure their capacity meets future export volumes. Retail network Rosneft is aware of the importance of increasing direct sales of petroleum products to end customers. For that purpose, the Company is consistently extending its retail infrastructure, 26 | January 2014 | FranTechnovation www.frantechasia.com which now comprises 1,800 service stations – the country’s second largest marketing network. Corporate governance Rosneft strictly complies with international standards for corporate governance, information disclosure and financial reporting. Reputable non-executive directors have held one third of Board seats since 2006. The Company also pursues a policy of social responsibility toward its employees and members of their families, to the people in regions in which it operates and – most importantly – to society at large. Strategic international cooperation Rosneft has signed a Strategic Cooperation Agreement with ExxonMobil to initially conduct exploration of license blocks in the Kara Sea and the Black Sea. The alliance is planning to implement a number of hydrocarbon exploration and development projects in Russia, the United States and other countries. Under the agreement, Rosneft and ExxonMobil are due to set up an Arctic Research Center (ARC) for Russian and US experts to conduct joint research. Environmental safety On environmental issues, Rosneft is guided by the requirements of Russian legislation and the provisions of international law. Cutting the Company’s harmful atmospheric emissions is a priority. Special attention is paid to preventative steps aimed at minimizing any negative impact on the environment. For instance, Rosneft is implementing the Target Environment Program for 2009-2014, which aims to upgrade the Company’s anti-pollution facilities and equipment. Rosneft is the standard-bearer of www.frantechasia.com the Russian oil industry, achieving strong production growth despite the challenging environment. The Company’s average daily crude oil production in 2010 increased by 6.4%, to 2.322 mln barrels. Total crude oil output reached 847.4 mln barrels of oil and gas condensate. Rosneft is also among the largest independent gas producers in Russia, the Company’s total gas production was 12.3 bcm in 2010. Rosneft is widely engaged in exploration & production across all key oil & gas regions of Russia: Western Siberia, Southern and Central Russia, Timan-Pechora, Eastern Siberia, the Far East, and the shelf of Russia’s Arctic seas. The Company operates a huge and unrivalled reserve base. As of yearend 2010, Rosneft’s total proved oil and gas reserves under PRMS classification were 22.8 bln barrels of oil equivalent, among the highest for a publicly traded petroleum company worldwide. Rosneft is also is secondto-none in terms of total proved liquid hydrocarbon reserves. Rosneft’s active participation in numerous exploration projects ensures access to considerable prospective resources, which will further support the Company’s long-term development. According to the mean estimate by DeGolyer & MacNaughton, total prospective recoverable resources in projects with Rosneft involvement were 50.6 bln barrels of oil equivalent at the end of 2010. Unlike many of its competitors, Rosneft has a diverse portfolio of high-quality oil and gas assets, which allows the Company to secure sustainable cost-effective growth in the short, medium, and long term. Ongoing development of the downstream segment is among Rosneft’s key strategic priorities. To increase the efficient sales of betterquality and higher value-added products to end customers, the Company constantly upgrades and expands its refining and marketing infrastructure. The Company currently owns and operates seven large refineries in Russia with an aggregate annual capacity of 372 mln barrels (50.9 mln tonnes) and four mini-refineries. Rosneft’s plants are able to process about 45% of crude oil produced by the Company. Rosneft owns as well a 50% stake in Ruhr Oel GmbH, the owner of stakes in four refineries in Germany with overall capacity of 23.2 mln tonnes. In the medium term, Rosneft will intensify efforts to further expand its refining infrastructure. The Company will also continue upgrading its existing refineries to foster the production of petroleum products meeting the latest environmental standards. Rosneft is currently the second largest national oil company by retail network, which covers 41 region of Russia and includes 1,800 service stations. In future, the Company plans to maintain its focus on extending and optimizing the marketing network. Rosneft also owns several large marine terminals that enjoy favorable locations and ensure efficient exporting of crude oil and petroleum products. Seeking to improve the balance between its export capacity and planned crude oil and petroleum product output, the Company implements a comprehensive program to upgrade and further expand its marine terminals. | January 2014 | FranTechnovation 27 www.frantechasia.com PETROLEUM Rosneft exported 25.81 mln tonnes of petroleum products in 2010 (including products bought from other producers, but excluding bunkering business), which is 6.2% less than in 2009. Lower export volumes were due to a recovery in domestic demand. Exports accounted for 53.6% of total product sales. The Company delivered 25.51 mln tonnes of products (98.8% of total exports) to non-CIS countries and 0.3 mln tonnes to CIS countries. Fuel oil was 52% of total product exports, 32% was diesel fuel and 12% was naphta. Railroad transportation was used for the largest part of product exports (18.0 mln tonnes or 68.1% of the total). Pipeline transport was used to export 1.1 mln tonnes. The rest was exported through the Tuapse terminal and by rivers. Rosneft has a number of clear competitive advantages compared with other Russian oil companies as regards export of petroleum products. Two of the Company’s refineries are located directly adjacent to export markets: the Tuapse Refinery on the Black Sea coast and theKomsomolsk Refinery in the Far East. Rosneft also has its own transshipment capacities at Tuapse and Nakhodka, located near Company refineries, which significantly improves the efficiency of export deliveries. To know more about this outstanding energy leader and to learn about the licensing opportunities of Rosneft, please contact President@ FranTechasia.com. www.frantechasia.com | January 2014 | FranTechnovation 27 Alternate Energy Leaders Electrical Power from Water Fuel Black Light Power B lackLight has produced millions of watts of power in a volume that is one ten thousandths of a liter corresponding to a power density of over an astonishing 10 billion watts per liter. BlackLight’s nonpolluting power-producing SF-CIHT(Catalyst Induced Hydrino Transition) cell catalytically converts H2O-based solid fuel directly into plasma power, a supersonic expanding gaseous ionized physical state of the fuel comprising essentially positive ions and free electrons. The extremely powerful SF-CIHT cell plasma can be converted directly into electricity at very high efficiency. Patents are filed worldwide [plasma video, MHD and PDC papers 1 & 2, patent application]. Specifically, BlackLight has developed a commercially competitive, nonpolluting source of energy that forms a predicted, previously undiscovered, more stable form of hydrogen called “Hydrino” [Hydrino characterization/Hydrino spectrum/mission statement video]. The SF-CIHT plasma-producing cell invented to harness this fundamentally new primary energy source as electrical output uses a catalyst to cause hydrogen atoms of water molecules to transition to the lowerenergy, Hydrino states by allowing their electrons to fall to smaller radii around the nucleus, resulting in a release of energy that is intermediate between chemical and nuclear energies and a nonpolluting product. The energy release of H2O fuel that can be acquired from the humidity in the air is one hundred times that of an equivalent amount of high-octane gasoline [CIHT cell papers 1 & 2, DSC paper]. Essentially all power sources: thermal, electrical, marine, rail, aviation, aerospace, as well as, automotive sources become untethered from an electrical distribution or fuel infrastructure and are also independent of the sun, wind, or other external variable power sources at capital cost of 1 to 10% that of historic systems [business summary/ Download PDF]. BlackLight has developed a system engineering design of an electric generator that is less that a cubic foot in volume to generate ten million watts of electricity, enough to power ten thousand homes [10 MW Generator/patent app]. CIHT Electrochemical Cell Generates Electricity Directly from Water Vapor CIHT Cell -Catalyst Induced Hydrino Transition Cell Each CIHT cell comprises a positive electrode, the cathode, a negative electrode, the anode, and an electrolyte that also serves as a source of reactants to form Hydrinos. A Hydrino-producing reaction mixture creates electricity from H2O as the reactants are constituted with the migration of the electrons through an external circuit and ion mass transport through a separate internal path through the electrolyte to complete an electrical circuit. THE MECHANISM MAY BE BROKEN DOWN TO INTERDEPENDENT STEPS FOR BETTER UNDERSTANDING: 1 Assume CIHT is similar to an alkaline fuel cell, except that an electric current is passed through | January 2014 | FranTechnovation 31 it and an inert atmosphere with trace H2O vapor surrounds the cathode, anode, and electrolyte. 2 Current is introduced, which produces hydrogen and oxygen from the electrolysis of the supplied trace H2O. Then, the cell is discharged for a much longer time than it was charged at essentially the same voltage maintained by the energy released from the hydrino reaction. 3 Nascent H2O is formed at the anode during discharge by oxidation of OH- and reaction with H. Hydrinos are then formed at the anode during cell discharge as a result of the atomic hydrogen reacting with the nascent water that serves as the catalyst to form the hydrinos. 4 When the hydrinos form, energy is given off that causes spontaneous electrochemical reactions to occur at both electrodes that result in a self-propagating electrochemical cycle wherein H2O is converted to hydrinos, electricity, and oxygen. Specifically, oxidationreduction reactions of H2O involving oxygen and oxygen ion intermediates such as hydroxide, oxides, peroxides, and superoxides are involved in the spontaneous electrolysis of water powered by hydrino formation that in turn result in the formation of catalyst and hydrinos. The equivalent of Steps 1 and 2 occur continuously, except that no electricity has been applied during this process. Power is produced with a large net gain in electricity (e.g. 10X) over that to initiate the spontaneous electricityproducing process. To advance CIHT technology to commercialization, the essential 32 | January 2014 | FranTechnovation milestone is scalability in terms of the size of the electrodes and the development of a bipolar plate comprising a back-to-back positive and negative electrode (red-blue layer) that can be stacked with intervening layers of electrolyte (brown layer) to form a stack of CIHT cells having a voltage that is the integer multiple of the number of cells. BlackLight has achieved both milestones with multiple times electrical gain operating over long duration at about the 10 W scale. The goals are 50 times increase in surface power density in 2012 and a 1.5 kW unit by 2013. Blacklight technology is based on the innovative Grand Unified Theory of Classical Physics (GUT-CP) which is the theory that classical physical laws (Maxwell’s Equations, Newton’s Laws, Special and General Relativity) must hold on all scales. To know more about this exceptionally beneficial and effective technology of converting water vapour into electricity and to learn about the licensing Alternate Energy Leaders AQUACULTURE COMPANY www.frantechasia.com P roducing and exporting high quality fish and prawn for the usd150 billion worldwide market Project Background The project is to develop a large (5,000Ha) self-sustaining intensive Aquaculture Farm whose products will be 100% exported, mainly to Japan, USA and the EU, but also to Hong Kong/China, Korea, Taiwan, Singapore and Malaysia. The project is based in Kalimantan and the site was selected for its water quality, supportive Local and Regional Governments, access to markets by air and sea and freedom from tsunami, earthquake and other extreme events. This climate is ideal for prawns and Barramundi. Prawns could deliver 3 crops a year (2.4 assumed); and the optimum water temperatures for Barramundi will enable a harvest of over 80 tonnes per 1 Ha pond on a 28 month production cycle. PT BFP will ensure added value by obtaining the highest ISO Accreditations and complying with the highest ecological standards and management procedures. PT BFP has the exclusive use of an airstrip one hour from the site, and can land fresh and freshly frozen produce in Japan within 12 hours of harvesting. The Business Opportunity There is great unfilled demand for fish and seafood, worldwide. PT BFP has identified growth markets for live, chilled and frozen filleted and whole white meat fish and large processed prawn and other seafood in the Primary markets (Japan, EU and USA), which in 2006 represented a market value of USD100 billion and the Secondary markets (Hong Kong/ China, Korea, Taiwan, Singapore and Malaysia) being approximately half that value, giving a total seafood market available in excess of USD150 billion year. The short, medium and long term trends all show a shift towards more seafood consumed per-capita. This demand must be fulfilled with Aquaculture as the wild catch has levelled out and in many cases is decreasing. Native white fish stocks caught in the wild are diminishing rapidly, the Hoki catch has had its quota cut by 40%; Cod, fished in the North Atlantic and North Sea, is exhausted. The Market Strategy The project is to be self-sustaining with 100% of its product targeted to the export markets. The large scale allows for enough production to enter into long-term sales contracts, cost savings per kilo and lower distribution costs compared with small developments. The development of 2800 ponds, gives a monthly yield of nearly 8,000 tonnes. Market research found Barramundi the most suitable white saltwater finfish. Barramundi is being marketed in the USA and the UK as a “Brand”. PT BFP intend to maximise that benefit by agreeing to join the Barramundi brand; branding will also be developed for other markets. Sales will be through various channels into the different geographic markets: directly into the auction markets of Japan, EU and USA; via a marketing agreement with a distributor and outlets in Japan, the EU and USA; direct to fish shops, supermarkets, processing companies, restaurants & food service operators. This varied market strategy will ensure the maximisation of the product’s value while giving diversification, thereby mitigating country, exchange rate, and market over-supply risk. PT BFP will aim for control of the supply chain from hatchery to customer. | January 2014 | FranTechnovation 35 Product For prawn, PT BFP have assumed 2.4 crops per year, though the company’s consultants have constructed lined ponds that produce 3 crops per year. The production rate is based the on “monodon” prawns in the knowledge that the product can be varied to gain higher returns. For Barramundi, 50 tonnes biomass has been assumed leading to 82.5 tonnes per Ha over a 27 month grow out period. The Management Team PT BFP’s directors have extensive experience in the region and in Indonesia. External Technical Management Support will be provided by the foremost experts in the industry. The Project Manager is Mr. M. Barnes who has extensive experience in the development of facilities such as this. Barnes trained as a Quantity Surveyor and Project Manager and has specialised in the construction and management of predominantly waterfront property throughout the Middle East, the Indian Sub-Continent, South East & North East Asia, Australia and New Zealand. He has established and operated several joint venture companies throughout the region in his own right and in earlier years ran the Asian, Middle East and Australasian marine construction divisions of an American company, including a large operation in the Kalimantan region. During his many years experience in the construction industry, he has also built hotels, high rise commercial, housing, industrial, and public buildings. Implementation Land clearing will take six months, while work starts on basic infrastructure; roads, port upgrade, processing facilities, accommodation and laboratory. 36 | January 2014 | FranTechnovation www.frantechasia.com Pond construction will take 36 months to complete at a rate of 80 ponds per month, with ponds being stocked as they are completed. Therefore, the first prawns will be harvested and sold before the end of the first year. Technical PT BFP has acquired the latest available proven aquaculture technology from Australia and is working with the Bogor based Centre for Fishery Studies at the Indonesian Institute of Agriculture. A key to success is the adoption of the highest environmental, operational and management standards, which allows International Accreditation that subsequently ensures both access to, and premium prices from, the targeted export markets. The standards adopted are recognised as the most stringent available in the aquaculture industry. Water quality samples have been taken and found ideal, able to support the forecast production rates. The topographic survey has been completed and the site is eminently suitable. Disease risk is minimised, as the site is remote and has no other prawn farm development in the area, reducing the risk of disease from poor practices on adjacent farms. Operations There will be dedicated nursery and juvenile ponds for the Barramundi, from which the fish will be transferred to grow-out ponds where they remain until harvesting. After 8 months, the first harvest will yield 12.5 tonnes of 0.75 kg fish per pond; after a further 6 months, the second harvest will yield 20.0 tonnes of 1.5 kg fish; after a further 6 months, the final harvest will yield 50.0 tonnes of 3 kg fish. This totals 82.5 tonnes per pond over the 20 month grow-out period, following 8 months in the nursery and juvenile ponds. The grow-out ponds will also be used www.frantechasia.com for prawn production. Prawn will be harvested of a 5 month cycle and the yield will be 5 tonnes per pond. PT BFP have sourced a climate controlled air freight container system each accepting 4 tonnes of product. Climate control will retain the frozen, chilled or live produce at the required temperature for the duration of the flight. Each container will have a GPS unit installed that it may be tracked from processing and load out facility to the market. Berau is approximately 2800km closer to the primary market of Japan, assuming entry through Tokyo, than the port of Brisbane, Australia, the currently source of high quality prawn product. Furthermore, within Indonesia it is the closest available site to Japan and the secondary markets of Hong Kong/China, Taiwan and Korea, while still being a single flight to Johor Baru, Malaysia to service the Singapore and Malaysian markets. Having Japanese customs officers based on site will allow product to arrive at the Japanese ports cleared for delivery into the markets immediately on arrival. Project Financials The finance required over three years is USD197 million, with revenue commencing at the start of year two. After the development period, when fully operational the project generates USD 840 million per annum. Draw-downs will be USD80 million for the first year; USD26 million for the second year, and USD91 million for the third year. Use of Funds Infrastructure, USD80 million Land clearing (USD6 million); Roads, port & airstrip upgrade (USD15 million), Processing facilities (USD12 million); Pond construction (USD47 million) Buildings, plant and equipment, USD38 million Storage, offices &, housing (USD8 million), laboratory, packing plant, freezers & chillers (USD10 million), pumps/pipework, vehicles(USD20 million) Working capital USD79 million Feed, power, wages, fuel. Environmental/Social Environmental benefits - reduced pressure on the dwindling stocks in the oceans, ecologically managed project, well sited to reduce transportation impact. Social benefits include secure regular income for farmers; providing skilled and semi-skilled employment opportunities and training. Overall, 6000 new jobs will be created. The project will provide sustainable foreign exchange earnings, aiding the country’s economic development. The processing facilities and logistics capability will also be utilised in assisting small scale local fishermen to market their catch, thus stabilizing and increasing their incomes. PT BFP’s laboratories, hatcheries, juvenile production, grow-out facilities, processing and packaging, distribution and marketing operations are to progressively raise the quality levels set by BTEQ environmental specialists. All PT BFP products are to be free from harmful micro-organisms and contaminants and comply with accepted quality standards for hygiene and nutrition. To provide an assurance, PT BFP and suppliers will use Hazard Analysis & Critical Control Points (HACCP) to identify and control biological, chemical or physical agents. To know more about this amazing Aquaculture technology and to learn about the licensing opportunities, contact [email protected] | January 2014 | FranTechnovation 37 Alternate Energy Leaders EARTHBLOCK TECHNOLOGIES INC. Earth Gen-Biofuel Inc. An International Agribusiness Creating InDemand Products from Renewable Sources E arthBlock’s Historical Operations EarthBlock Technologies, Inc. uses compressed earth blocks in its building system to construct a variety of structures both commercial and residential, including warehouses, office buildings, outbuildings, retail stores, various types of walls and residences from expensive custom homes to low income housing. Prior to 2008 the company’s operations were limited to the United States and particularly Texas, where the company was developing the infrastructure to become a builder of modest homes along with several higher end homes to demonstrate the 38 | January 2014 | FranTechnovation viability of the construction method. Much of our management focus from inception through mid-2007 was spent on working with architects and home developers to create a market for the Company’s construction methods. It was the goal to establish a domestic market while management worked on developing proper international relationships. EarthBlock Technologies Inc, since late 2007, has been exploring opportunities outside of theUnited States and has been pursuing relationships to expand its use of renewable resources in construction operations and agriculture to create business opportunities based on using renewable resources to create www.frantechasia.com ancillary products produced from the environmentally conscious harvesting and use and reuse of products created from renewable sources. The Company’s operating goal is to become a leading provider of durable, structurally sound, low cost, and environmentally friendly, residential and commercial buildings. produce over $200,000,000 in annual revues. EarthBlock Technologies Inc., a publicly traded company since 2003 operates as the parent company for its subsidiary companies that utilize renewable resources to provide products that support a sustainable living environment for people around the World. The Castor Bean Oil for Bio-Fuel will be blended with diesel fuel to create a blended bio-fuel to create a clean energy product consisting of 80% diesel 20% vegetable oil called “B20” (Biodiesel). The vegetable oil from the castor beans is in widespread use and in high demand for use as a Biofuel as well as numerous other products. The Castor Beans are grown very economically in these countries and meets the rapidly growing demand for Bio-fuel in neighboring China and elsewhere in the World. In September of 2012, EarthBlock acquired Earth Gen-Biofuel Inc. in a share exchange transaction that resulted in the shareholders of Erath Gen-Biofuel Inc. becoming the majority shareholders of EarthBlock. Earth Gen-Biofuel Inc. is operating as a wholly owned EarthBlock subsidiary. Earth Gen-Biofuel has the rights to two agricultural projects, one located in Vietnam and one in Laos. The projects include operating a 76,000acre (31,000 hectares) farming operation for growing castor beans and then marketing the harvest of the seeds used for making castor oil in the world market. EarthBlock, with the completion of this acquisition has positioned itself as An International Agribusiness, Creating In-Demand Products from Renewable Sources. Since late 2007, Earth Gen the predecessor of Earth Gen Biofuel has been exploring opportunities and developing relationships to expand the use of renewable resources to include renewable resource markets and the ancillary products produced from the environmentally conscious harvesting and use and reuse of products from renewable sources. Based on current world commodity market prices, over the next two to three years when fully developed, this portion of Earth Gen-Biofuel’s agricultural operation is estimated to Earth Gen will be selling its harvest of Castor Bean Seeds in bulk to processors that convert the seeds to vegetable oil that in addition to being a feed stock for Bio-Diesel has many commercial manufacturing processes. The parent holding company for Earth Gen-Biofuel is EarthBlock Technologies Inc.’s a public company. Management has made an agreement with the SEC to temporally withdraw the company’s common stock from being quoted or traded. EarthBlock (our parent public company) has had limited business and trading activity over the last few years. With the acquisition of Earth Gen-Biofuel and the potential for substantial growth in operations and revenue the shares are expected to become more active as a direct invest vehicle in the rapidly growing bio-fuel industry. Earthblock Agricultural Products Subsidiary – Earth Gen-Biofuel Inc. Earth Gen-Biofuel has retained the services of two of the top academic institutions specializing in the region’s agriculture with a dedicated department focused on castor bean operations. One of these laboratories is The Institute of Tropical Biology in Ho Chi Minh City, Vietnam and is the leading authority in the region on | January 2014 | FranTechnovation 39 general agriculture and the growing of castor beans. The Institute was built and is funded by a number of U.S. agricultural agencies, with the goal of supporting agriculture development in Vietnam and Southeast Asia. Additionally, the company is working with Zibo Academy of Agricultural Sciences in Shandong, China. Zibo Academy also specializes in the growth of castor beans and the development of hybrid seeds that are most suited for growth in the various growing regions in Southeast Asia. to economic viability and community stability in the areas surrounding these farming operations. Earth Gen-Biofuel has a fixed price purchase contract based on the agreement with the government, as well as local government agencies and organization as they are harvested under the direction of Earth GenBiofuel’s management at a substantial discount from the world market price. The castor oil plant, Ricinus communis, is a species of flowering plant. Its seed is the castor bean, which, despite its name, is not a true bean. Castor is indigenous to the southeastern Mediterranean Basin, East Africa and India, but is widespread throughout tropical regions (and widely grown elsewhere particularly in tropical climates). Castor seed is the source of castor oil, which has a wide variety of uses. The seeds contain between 40% and 60% oil. The castor oil plant can vary greatly in its growth habit and appearance. The variability has been increased by breeders who have selected a range of cultivars for leaf and flower colors, and for oil production. It is a fast growing, suckering perennial shrub, which can reach the size of a small tree if left unattended. The land tracks being allocated by the Vietnamese Central government are close to 40,000-acres (16,000 hectares) located in four counties in the Northern part of the country. There are also 38,000 acres (15,000 hectares) located in Laos. Each of these projects will have local management supervised by corporate oversight from our US operations that will be centrally located in the area. In addition, the company has begun negotiations for similar operations in Peru. The Peruvian facility is slated for planting starting in late 2013 and continuing through 2014 and will be expanded to close to 100,000 acres, which is capable of supporting an annual crop with an estimated yearly value of $200,000,000. The governments of Laos and Vietnam conceived these projects for a number of reasons. The project creates an economically viable local business and provides a product that is in very high demand. The castor bean facilities will support the local economy by providing jobs and the related economic activity, which will be the basis for a return 40 www.frantechasia.com | January 2014 | FranTechnovation It is anticipated that the bulk of the castor bean harvest will be exported. As part of the harvest process the beans are mechanically shelled to reduce mass and weight. The resulting product is a seed that is exported to be crushed and processed into a very high quality oil to be used for everything from diesel fuel to cosmetics. With the addition of Earth GenBiofuel’s production of 120,000 tones per year, Vietnam will dramatically increase their castor bean crop export. The company’s Laos production of 130,000 will place Laos as one of the world’s top ten exports. The economic activity produced by just this first project with these governments will have a very positive impact on the region. To know more about this incredible product from renewable resources and to find out about the licensing opportunities of the Earth GenBiofuel, please contact President@ FranTechAsia.com Alternate Energy Leaders GPI Trading FZE Joint Ventures to Introduce Oilfield Chemicals in UAE www.frantechasia.com T here is a need for the manufacturing of oilfield chemicals in the UAE. Many companies manufacture in the US and import and resell in the Gulf States. Local manufacturing would provide much needed chemicals in a timely and economical fashion to the local and international markets. GPI Trading FZE an Abu Dhabi, United Arab Emerites Free Zone Enterprise is a subsidiary of ISEA (International Sino Energy Alliance). GPI FZE is headed by Glenn Penny, PhD who has 35 years experience in developing and selling chemicals for oilfield applications worldwide. He has built and sold two chemical related businesses in the past few years; he founded the company Stim-Lab Inc. and sold to Core Lab , now trading at NYSE & he formed CESI Chemical a rollup of 6 companies and reverse merged Flotek Industries now traded on the NYSE under FTK. FTK started with revenues of $10 MM in 2000 and now has a market cap of $1B and was recently included in the small cap 600 index. How would GPI be initiated in Abu Dhabi? With a Joint Venture with Global Chemical Co LLC, a subsidiary of ALMANSOORI GPI proposes a two phase process for developing the oil field chemical manufacturing business in Abu Dhabi. Phase 1 is to form a Joint Venture between GPI and Global Chemical Co LLC of Abu Dhabi to produce and sell chemicals to the drilling and completions fluids market worldwide. Global, a subsidiary of Al Mansoori, is an ongoing business that manufactures and sells Sodium Asphalt Sulfonated (SAS) with its state of the art sulfonation plant and blends a proprietary defoamer sold in Middle East drilling operations. In the proposed JV, GPI would tender $12.3 MM USA for a 49% ownership in Global Chemicals operations. Global currently has assets of some 30 MM USD and revenues of some 13 MM AED. They currently only use 20% of their current capacity servicing 2 customers PDO Oman and Weatherford International. This is done without sales support. GPI will provide international sales support to market current products into the Gulf States such as ARAMCO, the US to major drilling contractors such as Neighbors and Baroid and to CIS states. This should take sales to near capacity for SAS at which point the plant will be expanded. At the same time GPI will provide expertise to use the excess capacity of sulfonation to make other products for cementing, stimulation and enhanced oil recovery. Liquid products will be made such as demulsifiers, foamers and defoamers. Solid product lines such as grinding and sizing and bagging will be added to provide additional drilling products such as much needed lost circulation materials, cement spacers and additives needed to make expandable cements for the region. Phase 1 is projected to generate $20 million/yr by yr 2 with a net of $10 MM. Product List of the Global Chemicals Co, LLC: GLOBAL CORT SAS (Sodium Asphalt Sulfonated) A shale control additive and mud conditioner for use with Water-base and Oil-base muds | January 2014 | FranTechnovation 43 Description Dark Brown to Black Powder, 90+/-% Water Soluble, 20+/-% Oil Soluble Uses Suggested Amounts Prevents or reduces 3-6 ppb shale sloughing Lowers high temperature 2-6 ppb water loss Reduces torque, drag 2-3 ppb and differential sticking Inhibits dispersion 2-6 ppb of drilled solids Gives thin and tough filter cake Serves as emulsifier and substitute for oil 2-6 ppb 1-3 ppb Packaging Packed in 50 lbs (22.7 kgs) multi-wall bags(40 bags per pallet) www.frantechasia.com selling and most needed products in the Middle East. This phase will take place in year 2 and requires capex of $30 Million which will be split with a JV partner, Oteiba Oil Field Services. Revenues are estimated to be $10MM USD per year once established to the local service companies. Seeking an equity partner to put in $30 MM in the form of a bank guarantee or deposit; GPI will borrow against the funds. Phase I requires $14 MM, $12.5 MM to acquire the 49% of Global + legal fees and 1.5 MM for expansion. Phase 2 will seek an additional $15 MM to build the plant one half of which will be borne by Oteiba. In exchange the loan guarantee the loan will be repaid in 5 yr years and the partner will be given 20% interest in ISEA. Mixing Requirements Use conventional hopper or chemical barrel. Feed to circulating mud system while drilling. In high salinities, prewet with fresh water or oil. Solid Control Equipment It is desirable to optimize solid control equipment at all times while drilling. Global CORT SAS is consumed on drilled solids and on the well bore. For daily additions we recommend using 1.5 times the amount required to obtain the desired concentration in the calculated daily volume increase of the mud system. The product should ideally be added continuously during 2 to 3 circulations. For Mud-up mix, no faster than 60-70 sacks per tour while drilling. Phase 2 of the process is to add a plant for making latex additives for cement and a corrosion inhibitor for acid. These are two of the largest 44 | January 2014 | FranTechnovation The above figure shows the projected revenue and net income for 4 years. GPI Strategy to increase sales of current products and add new products 1-Current Products. The GPI FZE strategy brought to the JV is to first increase present sales by adding sales and marketing personnel. One will be added to cover the GCC and Europe and CIS. The current customers are PDO and Weatherford. The GCC sales person has been interviewed and has agreed to take the job. In the meantime after several trips to Saudi www.frantechasia.com Arabia GCC will secure a long-term contract with ARAMCO providing an additional 5 MM lb per year. This can be increased to as much as 10 MM lb. The increased sales have not taken into account potential sales in Egypt Africa Europe and CIS. A second sales rep has been interviewed and will be added to cover the Americas and Far East. Immediate sales can be had at drilling contractors such as Neighbors drilling and Baroid with offerings of products bagged under their name and logo. This will take sales in his area to an estimated 3.5 MM lb. This will nearly triple GCC SAS sales to 16 MM lb/yr and revenues of $13MM without any plant expansion or new products. 2- The second area is grinding and sizing of various solid materials used in drilling fluids for lost circulation control. These additives will solve a big problem in the GCC where many places such as Iraq the fluid lost to the formation are twice that of other areas. Another product in this offering will be expandable cement additives. As much as one-third of the volume of cement pumped can have an expansion additive. All service companies are in short supply because of constraints to ship from the US. Baker alone will add as much as 3. MM lb/yr. Total market is about 20 MM lb/yr in the region 3- Expansion of the current liquid blending. The defoamer area would be expanded to include other products such as silicones. Also a range of demulsifiers will be blended to spec to handle the emulsion problems that plague fracturing and acidizing of oil wells in the Middle East. Customers have already been identified such as Baker who will buy 2 truckloads per month of the material if it is available in the area. 4-Sulfonate other products. The plant has excess capacity for sulfonating and can be modified to carry out reactions to create naphthalene sulfonates which can be sold as cement dispersants. It will also make alcohol ether sulfates and sulfonates. Mixtures of these surfactants are used in underbalanced drilling, hydraulic fracturing and for surfactant flooding for enhanced oil recovery. 5-Add Corrosion Inhibitor Manufacturing. One of the largest needs in the area is corrosion inhibitors for the millions of gallons of acid pumped each year to stimulate carbonate reservoirs. Current products are brought from other areas. A material made specifically for GCC conditions will be well received. Our market surveys show we can sell as much as 200,000 gal per yr to a market that uses 2 MM gal/yr. This will be carried out in year 2. 6-Add Latex manufacturing. All cementing jobs in the area add a copolymer made to restrict the flow of gas around the cemented area. Many jobs add as much as 3% to the job volume. Estimated sales of this product are 250,000 gal for revenues of $5 million. This will be carried out in year 2. One of the advantages of forming JV’s with existing companies like Al Mansoori and Oteiba is that they have all the permitting in place with Zones Corp to manufacture the products they plan to make. The growth and attendant market share of specialty chemical companies depends on oil and gas pricing, but will additionally depend on technology advances, service, and pricing. The primary barrier for new competitors | January 2014 | FranTechnovation 45 in drilling chemicals market is technology, which has, in the past, come primarily from joint service company and chemical company research. There is significant space for new product offerings for the Global GPI JV. The new product offerings for drilling, cementing and stimulation will need to offer technology based on superior performance. Our initial goal will be to capture 5 to 10% of the local market and move toward 20% with time and effort. The new drilling products will concentrate on high temperature water in oil emulsifiers for drilling muds. This is a product used in large quantities by PDO (Oman) and Aramco (KSA) and their service providers. New cement additive offerings will concentrate on www.frantechasia.com expandable cement additives and gas migration control additives which are in short supply. To know more about these crucial & beneficial oil field chemicals which would yield high benefits like never before and to learn about the licensing opportunity, contact President@ FranTechasia.com Cover Story BIOPARK Albania The First Practical Demonstration Of Scorer Of New Technologies! Albania in the 100th Anniversary of its independence has embarked in this Biopark Albania Project to demonstrate and then replicate it in other countries as an original and effective development and production well being model, giving mankind an optimistic, bright future. This project aims to turn otherwise unusable land plots into generators of development and wellbeing for the community, country and the planet. The model can be extended into other similar areas of interest in the Albanian Adriatic coastline or elsewhere in the world. The several components of the biopark work with each other to create the whole model a precisely synchronized system that helps the huge potential of mankind to improve the way of living which influences his environment with scientifically sound and advanced technologies fully respecting nature. The critical component of the model is the botanic or ecological greenhouse. The new technology being implemented here for the first time will ensure 100% bio-products and a faster growth cycle with lower cost for any kind of agricultural products. Each of these 5000 sq/m greenhouses can produce full range of high quality agricultural products throughout the year ensuring a supply to the local markets at very reasonable prices. Fruit trees, medicinal herbs, vegetables, cereals, and all other agricultural products in demand can be grown here to the highest quality standards and lowest costs. The project also includes farming sea and fresh water fish species in special vats located between the greenhouses. These vats will recreate the natural habitat for several fish Cover Story Albanian International new Dimensions and the institute for quality and integration under the Guidance of cutting edge technology researchers have teamed up to create and finalize a model of sustainable and effective developments where everything is recycled and Reused. species. Solar panels will be erected directly above the fish tracks. The electric and thermal energy thus created from the solar source will cost the fraction of the energy currently available on the market. Sea water flows naturally in special wells. The entire desalination process has no negative environmental repercussions on coast, land and underground ecosystems. The production cycle will be carried out in a green environment of herbs, plants and trees to create a stress free and attractive work environment. Biopark Albania seeks to fulfill mankind’s basic needs. Several materials in demand globally can be extracted from sea water. Hundreds of tons of high quality salts of various kinds for human and animal consumption and other uses will be produced daily. Production will always proceed in tandem with research activities. After several useful materials have been extracted, sea water will then be turned into distilled water which will be further processed to be made into the highest quality of drinkable water. All unnecessary bi-products will be recycled into useful materials for the bioparks and the local communities’ needs. The biopark model will include several production modules and logistics centers to coordinate the diffusion of the several bioparks products, the greenhouses, the fish farms, the herds of birds & farm animals, all combined to create a perfect replica of a natural ecosystem. The biopark will create a deep impact on the local area creating a clean, relaxing and educating environment for all visitors. The sea water evaporation tubs are used to increase the salinity of sea water in a 50 | January 2014 | FranTechnovation www.frantechasia.com wholly natural way. Nursery for young plant cultures would be planted in the greenhouses and throughout the park. The green wall would protect the Biopark area from the sea as an enclosing parameter. The interior space is to be used for establishing the infrastructural network and for the improvement of ecological vehicles and the other part will serve as an recreational area. The vast evolution of the project in the successive stages will be achieved through the rapid turnout of the product sold, which will continuously feed the re-investment fund to the full realization of the biopark. Ultimately, upto 90% of the biopark’s products will be exported mainly to well develop countries where the demand for high quality produce is always strong. Non-permanent construction units will be erected to process the prime materials needed for the realization of the model. Such non-permanent structures will be undone after the completion of the biopark. During the construction and the realization of the biopark, more than 10000 jobs will ultimately be created for the surrounding communities. The biopark project will be completed in 7 carefully planned stages, each stage allowing the next in order to optimize the structure in time. The biopark Albania is the first practical demonstration of the scorer of new technologies with promise to gradually fulfill mankind’s basic needs throughout the world. These new technologies being trialed out here present a new vision for future of humanity. The future is now! the future is Biopark Albania!!!! Building Scaffolds Apar Industrial City T his ambitious project calls for the development of an oil refinery and petrochemical complex in the southern provincial region of Asser, Saudi Arabia. The project is spread on 175 km2 land area. And will consist of a petroleum refinery plant, a petrochemicals complex, a seaport of 2-4 million MT cargo per annum handling capacity, Commercial business district, an Airport, a Modern residential subdivision for company personnel and their families with complete urban facilities, such as housing complex with utility services such as water treatment and power plant facilities, etc. Product Specifications: • 400, 00 bdp of crude oil into petroleum, diesel, gasoline, fuel and other products for domestic and foreign markets. • 250,000 T/m producing petrochemicals for covering domestic and foreign needs of which products are destines 70% for local and 30% for export market. • The investment in the project is estimated at US $ 100 billion and it is divided into categories mainly: I. Main Contractor’s scope: for engineering procurement & construction of the process units, off-sites, Utilities, Main Control Room, jetties and Marine facilities. II.Owner’s scope for Building & facilities: explosion proof buildings like workshop, warehouse, 52 | January 2014 | FranTechnovation laboratories, Admin. Office, communication system and Infrastructure to support the refinery operation such as, Housing for company personnel, Community building, Religion & Educational facilities, sports & recreational facilities, etc. Highlights of the Project: • A right to export 100,00 bbl. Of crude oil per day. • The project has executing approval from the Government with direct instructions to Ministry of petroleum and minerals and Saudi Aramco Oil Company to support the project by issuing required licenses, and other technical support. • The Master plan of the project has been prepared by an International Firm. • Negotiations shall be held with international well-known companies to become partners and participate in constructing, managing, and operating. • The banking business shall be operated through HSBC bank, Consultants and Advisors are either KPMG or PWH. The project has all the necessary backing to be a highly beneficial investment prospect. To know more about the Apar City and to understand the licesing opportunities, contact [email protected] Building Scaffolds Al Marjan Islands A Collection of Four Manmade Islands T he first man-made island project to be developed in RAK, Al Marjan Islands is a cluster of five coral-shaped islands extending over 2.7 million square metre and is worth over USD 1.8 billion. In a location that can only be described as breathtaking, Al Marjan Island is set on the coastline of Ras Al Khaimah in the shimmering Arabian Gulf. There’s never been anything quite like it: a collection of four manmade islands that will become home to luxurious waterfront homes, hotels, resorts, sporting facilities, recreational and amusement park and leading international retail brands. Extending 4.5km out into the sea and covering an area of 2.7 million square metres, Al Marjan Island is a celebration for the senses, combining a world-class resort development with environmental and cultural sensitivity. With a perfect tranquil setting away from buzzing Dubai, which is only a 45 minute commute, you’ll find everything you’re looking for at Al Marjan Island, including a hint of the unexpected. An amazing destination for extraordinary people, Al Marjan Island presents an opportunity for investors to enjoy returns only previously possible in Abu Dhabi and Dubai, 54 | January 2014 | FranTechnovation with buyers from around the world taking advantage of the fact that the land is 100% freehold and there is no corporate, income, sales or export tax in Ras Al Khaimah. Al Marjan Island is already home to Bab Al Bahr Residences that are being enjoyed by residents. RIXOS hotels are also completing a 600 room 5 star resort at the entrance of Al Marjan Island. Hilton Double Tree and the first Crowne Plaza in the Emirate have also selected Al Marjan Island for their latest locations in the UAE. The world renowned Real Madrid Football Club has lent its name to the first ever Real Madrid Resort Island encompassing over 400,000 square meters of pristine beachfront location at this magnificent site. Al Marjan Island expands RAK’s coastline by an additional 21 km, will be home to plush waterfront homes, floating villas, hotels, resorts, sporting facilities and commercial areas. Reclamation works completed, infrastructure works in full swing. Al Marjan Island main architect is Norman Foster, UK. Others architectural firms from France and Spain commissioned. To know about the investment and licensing opportunities, please contact [email protected] Building Scaffolds Floating Fredom Ship The First Mobile City at Sea E nvision an ideal place to live or run a business, a friendly, safe and secure community with large areas of open space and extensive entertainment and recreational facilities. Finally, picture this community continually moving around the world. You are beginning to understand the Freedom Ship concept of a massive ocean-going vessel. With a design length of 4,500 feet, a width of 750 feet, and a height of 350 feet, Freedom Ship would be more than 4 times longer than the Queen Mary. The design concepts include a mobile modern city featuring luxurious living, an extensive duty-free international shopping mall, and a full 1.7 million square foot floor set aside for various companies to showcase their products. Freedom Ship would not be a cruise ship, it is proposed to be a unique place to live, work, retire, vacation, 56 | January 2014 | FranTechnovation or visit. The proposed voyage would continuously circle the globe, covering most of the world’s coastal regions. Its large fleet of commuter aircraft and hydrofoils would ferry residents and visitors to and from shore. The airport on the ship’s top deck would serve private and small commercial aircraft (up to about 40 passengers each). The proposed vessel’s superstructure, rising twenty-five stories above its broad main deck, would house residential space, a library, schools, and a first-class hospital in addition to retail and wholesale shops, banks, hotels, restaurants, entertainment facilities, casinos, offices, warehouses, and light manufacturing and assembly enterprises. Finally, this concept would include a wide array of recreational and athletic facilities, worthy of a world-class resort, making Freedom Ship a veritable “Community on the Sea.” The Freedom Ship Project’s Primary www.frantechasia.com Objectives are to provide a unique, traveling residential community, combining the amenities of a modern city with those of the finest resorts, in an attractive, stimulating, and secure environment. Establish the world’s largest duty-free retail shopping mall and bring it to markets around the world with a steady and substantial stream of resident and visiting customers. To develop the standard in education (US grades K through 12) for the entire world & to provide the residents and crew with the finest healthcare facilities and plans possible. Design Features • Appearance: Attractive artwork and creative architecture would grace the ship. Parks and promenades would boast waterfalls, ponds, and extensive landscaping. Most levels would feature large saltwater aquariums. The shopping mall, one of the world’s largest, would also be one of its most beautiful. Portions would be dedicated to individual countries, featuring culturally characteristic architectures. The planned 100-foot-wide main deck would lead to a marina at the stern. Over 200 acres of open area are planned for recreation and relaxation. • Comfort and Safety: The vessel’s proposed flat bottom hull construction, along with its extraordinary size, would result in unmatched and unprecedented stability providing a smooth ride in the roughest seas. Proposed safety of the vessel is enhanced by the use of 600 individual air/water tight hull sections. Extensive use of 4 hour rated firebreaks between decks areas within the decks will enhance fire safety. The ship would be virtually fireproof. The proposed electro-static ventilation system would supply uncontaminated, filtered and purified air. • Ship’s Movement and Transportation: As it circumnavigates the world, Freedom Ship would make a series of offshore stops, including exotic tropical islands accessible only by sea. These stops would provide the ship’s residents and entrepreneurs with extensive and varied touring and business opportunities, and bring a continual stream of visitors to the ship to patronize its shops, restaurants, and entertainment facilities. The ship would provide as many as 40,000 tourists to ports around the world. These cities and countries would eagerly anticipate this influx, as well as the major market the ship represents for local farmers, fishermen, and merchants. Stopover schedules would be based on business volume and touring popularity. Customers, merchants, businessmen, and residents would be able to utilize the ship’s fleet of aircraft and hydrofoils, as well as commercial commuter airlines, to come and go from the ship even between stopovers. The commercial districts aboard Freedom Ship will provide business owners and professionals an unparalleled atmosphere in which to conduct business. Residents, crew, daily and overnight visitors will shop in an environment of architectural beauty and convenience. Although final drawings have not been released to the public, the commercial district will depict many of the same architectural features as a large commercial district in a major city, such as New York. There will be streets and blocks (or districts) within the commercial area of the ship. Each district will depict a different architectural theme; as one walks through the city one feels as though they are walking around the world. The real estate sold in various districts will cater to different forms of commerce from professional offices and corporate world headquarters for major international corporations, to retail and open-air markets, to | January 2014 | FranTechnovation 57 restaurant facilities. Real estate will be developed to facilitate specific forms of commerce indicative to various cultures from around the world. A truly global and international business community will flourish aboard, as goods from ashore are constantly being bought and sold. In addition, real estate is available for light manufacturing, industrial, and warehousing applications. Restaurants aboard the ship will provide fresh cuisine from around the world in atmospheres ranging from fast food to true fine dining at tables with unparalleled ocean views. An elegant, world-class hotel and casino will also be operating aboard with a large convention center capable of hosting sporting and entertainment events and trade shows…a place truly worthy of hosting The World’s Fair. People will have access to various history, technology, and art museums aboard as well as aquariums and nature preserves featuring exotic plants and animals from around the world. The ship’s design would accept up to 40,000 full time residents, 30,000 daily visitors, 10,000 nightly hotel guests, and 20,000 full time crew. This population of 100,000 people provides a wealth of talent and diversity for the private businesses aboard the ship and to those they visit daily on their adventures ashore. Freedom Ship International Inc., the world renowned concept developer of the “City at Sea” is now welcoming joint venture inquiries to facilitate the construction phase of the First Mobile City at Sea. FSI is committed to providing residents and other individuals with an environment capable of sustaining a vibrant commercial community. Your imagination is the limit when it comes to operating a business aboard. They desire to foster the entrepreneurial spirit within their residents and 58 | January 2014 | FranTechnovation www.frantechasia.com business owners and will strive to help them whenever possible. It is the people who own and visit the real estate aboard Freedom Ship that create a truly unique environment. Please kindly click on the URL site below to view the Freedom Ship Discovery Channel video clip. http:// video.google.com/videoplay?doc id=8962310630082930010 Freedom Ship executives have advised that Freedom Ship International is now prepared and amenable to utilize CEC, (Construction Equity Capitalization) financing to commence the primary construction phase of this history-making global project. CEC financing utilizes contributed products and or services from numerous suppliers in exchange for liberal equity shares in a specific project. The ROI, (Return of Investment) to said equity partners is extremely high as a result of the most favorable disparity between the suppliers/partners true costs versus their respective equity share allotments in the project’s final construction valuation. Freedom Ship’s CEC financing may avail interested suppliers/partners with not only an exceptional global platform to showcase their respective products and or services, but in addition, it can result in a debt free completed mega project. Freedom Ship executives are focusing on shipyards, maritime design/build companies, steel, power plant & azipod mfrs, and entertainment entities as initial joint venture partners. Peter Z. Banas, President/FSI has referenced that Freedom Ship International is most receptive to dialog with any and all interested parties and or entities. To know more about the investment & licensing opportunities with the world’s first ever floating freedom city on ship, please contact President@ FranTechasia.com Building Scaffolds EPICENTRE HOUSTON “Extraordinary Land Developed By Exceptional Talent” www.frantechasia.com E PICENTRE HOUSTON is a planned 104+ acre urban in-fill, LED-certified, mixed-use project to be built in the most dynamic and economically vital city in the United States (the “Project”). Houston, recently named “most ethnically diverse city in America” is the fourth largest city that offers its residents and visitors a myriad of existing opportunities. EPICENTRE HOUSTON, as a massive eco-urban sustainable project (over 12 million square-feet projected), will be internationally-renowned for its ground-up, environmentally responsible development. It will be constructed on land owned by EpiCentre Houston Land Company, LLC (“ELC”) with the land development to be performed in part by EpiCentre Development Associates, LLC (“EDA”). ELC and EDA are sponsored and majority owned by ALIANZA Holdings, LLC and partners in the construction industry from Europe. ALIANZA Holdings, of Miami, Florida, is a business and real estate investment company that creates value by adding the expertise of qualified contractors and professionals to an enterprise. The ALIANZA Business Plan is to position and market the property so as to facilitate multiple projects by qualified developers. Consistent with this plan, any project undertaken through or by EDA for or with a private or governmental Entity will stand as a separate project. EpiCentre Houston is enhanced by the presence of a political sub-division of the State of Texas that encompasses the entire Property. The Harris County Improvement District # 8 (the “District”) is a creation of the Texas legislature via a bill sponsored by the elected officials in our area. The District has the power to issue notes and tax-exempt bonds (“Bonds”) to pay for any improvements installed in the District including but not limited to most site development costs, parking, public safety, environmentally protective systems, infrastructure, public buildings, and transportation, museums, education and public awareness facilities. The District is legally enabled to buy land in EpiCentre Houston and any other place. Therefore, EpiCentre Development Associates, LLC can enter into a binding contract wherein the District will buy the lands that are to be dedicated to green space, public use, parks and recreations, squares and District owned business ventures. Metro Transit Authority of Harris County (“MTA”), an autonomous creation of the Texas legislature, is a federally recognized mass transit system that provides metro-rail and bus transportation in and out of its Fannin Street terminal to 100,000 passengers daily. The MetroRail division of the MTA begins and ends at EpiCentre Houston and in between it courses through Reliant Park, The Texas Medical Center, the University and Museum Districts and the Central Business District. EpiCentre Development Associates, LLC has invested over $36,500,000 to date and owns 100% of the | January 2014 | FranTechnovation 61 development and marketing plans, materials and a portion of the land and is in control of the entire Property by virtue of a binding and enforceable purchase agreement. Houston’s mix of international appeal and Southern charm have captured the imagination of tastemakers the world over. As Texas’s biggest city, Houston has been an ever-evolving place of growth and expansion. At 634 square miles, the City of Houston could contain the cities of New York, Washington, Boston, San Francisco, Seattle, Minneapolis and Miami. With approximately 2.3 million residents, Houston is the fourth most populous city in the United States, trailing only New York, Los Angeles and Chicago. Houston is the nation’s demographic future. According to the Kinder Institute for Urban Research, Houston is now the most ethnically diverse city in America. Almost 80% of current residents are first generation Houstonians, so the city proves to be an ever-changing landscape of transplants, especially with its nonstop effort to recruit some of the most experienced talent in the world across industries. In addition to recruiting some of the world’s top talent, Houston also looks to breed its own employment base with supporting 14 major institutions of higher learning in the greater area. Over 80 languages are spoken in Houston and over 90 foreign governments have official representation though consulates or trade offices – further justifying the role and importance of filling the needs of a multi-cultural community. 62 | January 2014 | FranTechnovation www.frantechasia.com Houston means business, and is an open and transparent city to conduct business across a myriad of industries. Houston ranks second in employment growth rate and fourth in nominal employment growth among the 10 most populous metro areas in the U.S. As expected, Houston is home to more than 5,000 energy-related firms, and is considered by many as the Energy Capital of the world. Twenty-three Fortune 500 companies are headquartered in Houston; only New York City is home to more Fortune 500 companies. In addition, 62 of the world’s 100 non- U.S.-based corporations have a presence in Houston. Houston means business, and is an open and transparent city to conduct business across a myriad of industries. Houston ranks second in employment growth rate and fourth in nominal employment growth among the 10 most populous metro areas in the U.S. As expected, Houston is home to more than 5,000 energy-related firms, and is considered by many as the Energy Capital of the world. Twenty-three Fortune 500 companies are headquartered in Houston; only New York City is home to more Fortune 500 companies. In addition, 62 of the world’s 100 non- U.S.-based corporations have a presence in Houston. It is clear what Houstonians love to do outside the workplace – eat. Houston is considered to have one of the best culinary scenes in the country, with cuisine from around the world. There www.frantechasia.com are more than 11,000 restaurants in the Greater Houston area with culinary choices that represent more than 35 countries and American regions. Houstonians dine out more than residents of any other city – 4.1 times per week, compared with the national average of 3.1. The average meal in Houston – $32.53 – is less than the national average of $35.10. This leads to another reason why people love to live in Houston – a high quality of life due to a low cost of living. The Third Quarter 2011 ACCRA Cost of Living Index shows that Houston has the lowest overall cost of living among the 27 metropolitan areas with more than 2 million residents. Houston’s housing costs are 36% below the average for these large metro areas, and its overall costs are 19.5% below the average for this group. The Third Quarter 2011 ACCRA Cost of Living Index also shows that Houston’s overall after- taxes living costs are 10.6% below the nationwide average, largely due to housing costs that are 19% below the average. Even through the roughest economic busts throughout history, Houston has also weathered every challenge well and remained stable in its efforts to move forward. While often times a city’s downtown is considered the true core, Houston is rather unique in that its major components – government, education, culture and medical – all fall on a vertical north/south line and are all connected by the red line of the Metro light rail system. Starting in the north, there is the University of Houston’s downtown campus followed by two major stops in the government and financial districts to the south. These three areas are bookended by the major roadways of I-10 Katy Freeway (north) and I-45 (south). Continuing along the line, Houston Community College, the Museum District (19 museums), Rice University and the Houston Zoo provide the culture side of the city as well as fill additional areas for education. Then, the red line reaches the largest medical center in the world – The Texas Medical Center (TMC) with almost 50 medical institutions. Shortly before I-610 Loop, there is a stop at Reliant Park, home to the largest livestock and rodeo show in the world as well as a countless number of events. As one can see in the diagram to the right, there is one major component missing: a true urban destination for entertainment, dining, retail, hospitality and accommodation. This is where EPICENTRE HOUSTON fits in. Located at the Fannin South stop of the red line, EPICENTRE HOUSTON fills the underserved gap for Houston. Its incredible location will also become the new gateway for all expansion southward to align with the City’s strategic plan. As a master-planned, in-fill community development, EPICENTRE Houston will provide the following: 1. A new definition of the concept of urban living within a transit relevant development. 2. A green community that will | January 2014 | FranTechnovation 63 be sustainable from concept to implementation and continue with the property in perpetuity. 3. An environment where the vehicle is not the primary focus or necessity. Users will conveniently exploit public modes of circulation to access the stores, restaurants, hotels, adjacent events, offices and residential components. This will provide the opportunity to recapture and enhance the future users experience all within walking distance or by internal, lowcost, ecological modes of public transportation. 4. A destination for urban dwellers and workers as well as for business visitors and tourists to enjoy a lifestyle oriented retail cornucopia. 5. A series of hotels of various types to serve the existing demands created by the domestic and foreign visitors to the Reliant Park Sports and Convention campus as well as the Texas Medical Center. 6. Entertainment and housing for students of Rice University, Texas Southern, University of Houston, University of St. Thomas as well as the multiple nursing and medical schools, all within minutes of EpiCentre Houston . 7. Housing for the fastest growing Metropolitan Statistical Area (MSA) in the U.S. If the City of Houston were a state, it would rank 26th in population. The 10- county Houston region is the sixth most populous MSA in the U.S. and if it were a state it would rank 17th in the country. 8. The City of Houston has approximately 2.54 million residents (the largest in Texas) and a total of 64 | January 2014 | FranTechnovation www.frantechasia.com 5.94 million in the Houston MSA. 9. An office park environment for some of the 29 companies on the 2011 Fortune 500 list ranking, it tied for second among US MSAs. Houston is the U.S. energy headquarters and world center for virtually every segment of the petroleum industry. EPICENTRE HOUSTON is also strategically located within a Special Improvement Tax District. It is without question that the EPICENTRE HOUSTON location is one of the most prized tracts of undeveloped land in Greater Houston. In addition, the master vision of this project is also superior as it outlines how it will change the landscape of Houston forever and become an invaluable part of the surrounding community. However, it is of equal importance that the right mixture of talent, resources and professionals come together in order to turn this vision into a reality. ALIANZA is an unparalleled team of specialists led by an experienced and dedicated senior management team. The following highlights all individuals and companies involved with the EPICENTRE HOUSTON project to ensure its success from the moment of launch until its fruition. If there are any additional questions or information needed regarding EPICENTRE Houston or ALIANZA Holdings, LLC, and to explore licensing and investment opportunities, kindly contact [email protected] Connecting the Rivers of India FUTURE WATERWAYS PROJECT INDIAN RIVERS WATERWAY NEUTRAL ZONE DEVELOPMENT The stone inscription of 690 AD in a temple in Madurai, South India of the grand possibility of connecting the rivers of India, was evident. This is given below. But this was never properly investigated. During the reign of the National Democratic Alliance between 2000 to 2004, a serious attempt was made to study the potential of connecting the rivers of India, by a special Ministry in the Central Government. INDIA RIVERS DEVELOPMENT 2014 Gangaikondacholapuram: S’iva crowns the king Karikala Chola with his necksnake. The king celebrates calling the Pushkarini of the temple Chola ganga filled with waters brought from Ganga. The Kallanai or Grand Anicut was a remarkable feat of river-linking adding 5 lakh acres of additional wet land by creating kollidam or Coleroon river. The anicut has stood for nearly 1000 years and became the model irrigation system in many parts of Africa. The best tribute we can pay to this feat by our ancestors is to create a National Water Grid NOW. Inscription reveals riverlink, irrigation system – “It was in existence during the reign of Pandya King Arikesari” Inscription on a stone removed from the Vaigai river bund has revealed the existence of an ancient irrigation network and river link in Madurai and adjoining areas. The stone, which is kept in the Meenakshi Sundareswarar Temple museum, was deciphered by historians S.M. Ratnavel and C. Santhalingam , members of the Pandia Nadu Centre for Historical Research here. “The inscription which dates back to 690 AD suggests that an irrigation project was in existence during the reign of Pandya King Arikesari. This is probably the first instance of evidence detailing the existence of irrigation projects in ancient Tamil Nadu,” Mr. Santhalingam says. Thought Leadership www.frantechasia.com “The inscription details a project where water from a channel dug from the Vaigai joins a jungle stream (Kiruthumal river), and is stored in a reservoir. The inscription specifically mentions the irrigation tanks located in the erstwhile Sanadu and Parithikudinadu villages which received water from the reservoir,” explains engineer S.M. Ratnavel. “It is interesting to note that the water from the presently dry Vaigai river was enjoyed by villages as far as Kallumadai, Veeracholan and Paruthiyur, which are located in the erstwhile Sanadu and Parithikudinadu villages,” he says. While a lot is being discussed about the present day link-canals between | January 2014 | FranTechnovation 67 rivers, this inscription confirms that river linking existed long ago, the historians said. “The inscription has provided valuable evidence which throws light on the fact that the Vaigai river and the Kiruthumal river were linked in the seventh century for an effective irrigation network,” says Mr. Santhalingam. That Greatful Day of New Beginning One rainy evening almost 2000 years back, a dark, well built man with a distinctly thick beard walked up to the banks of the River Cauvery near modern day Tiruchirapalli, deep inside the then Tamil country. He looked across the vast river anxiously. Rough white water raged through with such fury that it threatened to breach the mud banks as it did every year, flooding numerous villages and fertile farmlands. It was time to make a decision ‘I have to do this for the future of this land and its people’ he told himself as he picked up a small stone and hurled it into the water. That man was none other than Karikala Cholan, the mighty emperor of the Chola Dynasty who built The Grand Anaicut or Kallanai (Stone Dam) which is arguably the world’s oldest man made Water diversionary and water Regulating structure which is still in use. The Cauvery River, as seen in the image above is split into two channels by the island of Srirangam. While the southern channel retains the name Cauvery, the northern channel is called as Kollidam or Coleroon River. These two channels come close again downstream and it is at this strategic meeting point that Karikala Cholan decided to build the Kallanai. Karikalan built the Kallanai for mainly two reasons: Flood control and Irrigation. Having witnessed the river causing 68 | January 2014 | FranTechnovation www.frantechasia.com great floods during the rainy season and also forcing droughts during the dry months, he and his advisors devised this grand project to maintain a steady flow of water throughout the year. The dam was constructed from unhewn stone and is 329 m (1,079 ft) long, 20 m (66 ft) wide and 5.4 m (18 ft) high. The dam has since been developed by the British who laid the grid separators and a bridge on top of the old dam. The story of the Kallanai imparts some very important lessons for the Design world. Foremost is the amazing vision that Karikalan possessed. When he decided to build a dam across the Cauvery River he could have easily just thought of something a little less grand and achievable based on the technical and monetary reservations of his time but Karikalan did not just think of the near future. When he stood on the mud banks and pictured his dam, he imagined it to stand for a very long time to come. And it is his extraordinary long term planning and foresight that is reflected in the fact that the Kallanai is still in excellent condition even after almost 2000 years. www.frantechasia.com Next is the fact that Karikalan saw opportunity in the face of Disaster. It won’t be exaggerating if it is called Karikala Cholan the single most important reason why Tanjore is today called the rice bowl of South India. That’s because the Kallanai helps irrigate more than 1 million acres of fertile farmland even today! Karikalan did not just want to build a structure to divert excess flood water but he also realized the tremendous opportunity to utilize that water for irrigation purposes across the fertile delta of Tanjore. A series of well planned and distributed canals as seen in the image above were created throughout the delta ensuring maximum benefits. Karikalan’s story of an extraordinary long term vision, meticulous planning and astounding execution of an engineering marvel makes sense even today. A culture of long term thinking with the ability to look at the long term benefits becomes more vital in a world today that seems content with temporary solutions. The design field particularly can learn a lot from examples such as the Kallanai about the importance of vision in Design: • How relevant are the long term benefits of any product or service? • What solutions can a Design provide and how permanent is it? • Can our service or solution add more value than what is expected? • How much more effort do we need to put in to turn an ordinary solution into a more robust, long term and innovative one? • Is it all worth it? under their patronage and have given Tamil culture many gifts over the ages. The enormous temples built by some of the even more popular Chola kings like Raja Raja Cholan and his son Rajendra Cholan stands testimony to their engineering, artistic and architectural brilliance. But many today feel that a King such as Karikalan who built something that virtually feeds an entire state deserves much more credit and appreciation than he has sadly obtained. That also highlights the fact that Karikalan did not seek a place in history through grand, crowd pulling monuments. Karikalan’s place in history has been cemented by the endless stream of the Cauvery that shall continue to flow through his Dam enriching the delta that he carved. The Rivers of India are presently a state subject, and each State is vying with each other to protect the rivers flowing in their state (there are 28 States in our Country). The first prerequisite is to make all the “Rivers of India” are National Asset and no State can claim rights on a particular river just because it is flowing in that State. Once this is done this major FNZ Project is implementable. It is feared some ecological problems may be created, while connecting some perennial rivers like the Ganga and Brahmaputra, with smaller rivers. After thought The Cholas were great disciples of the arts and crafts despite being fierce warriors and conquerors. Literature and the arts flourished | January 2014 | FranTechnovation 69 Thought Leadership www.frantechasia.com A STEP AHEAD TOWARDS GLOBAL CAREER - EUCLID (University) Gujarat Political Platform www.frantechasia.com E UCLID (Pôle Universitaire Euclide | Euclid University) is, like the European Central Bank, NATO or the African Union, an international inter-governmental organization (IGO). It was established by treaty under international law in 2008, a status which is indicated by the authorized use of the restricted “.int” domain. This university holds a university charter as well EUCLID is a specialized intergovernmental organization established in 2008, holding a university mandate and charter published in the United Nations Treaty Series (certificates 49006/49007). EUCLID has signed up with FranTech Neutral Zone to teach “FranTech Neutral Zone Training Curriculum” program and EUCLID UNIVERSITY will help train GUJARAT Government Team . Euclide Focuses Upon: At EUCLID, our mission is to deliver best-of-class distance education and consulting services to our Participating States’ officials as well as to our general public students. According to its Statutes (Section III), EUCLID’s official mission is to: EUCLID’s aim is to prepare government officials and international civil servants, both active and aspiring, for qualified positions with their national governments, intergovernmental organizations and civil society. EUCLID’S Active Participation: Consulting Services to Participating States, stakeholders and interested parties include: - Public Diplomacy support - Advisory services at diplomatic events - E-Government / Internet-related consulting and support - Relationship management with public foundations and NGOs - Observer missions and government oriented workshops - Economic Forecasting and Guidance - Diplomatic Extension and Capacity Building - Academic support / curriculum development and documentation - International law assistance* EUCLID is a proud member of the IAUP, UNAI, Academic Council on the United Nations System (ACUNS), AAU & few more to provide the students global platform and opportunity to frame their careers in international market. Our approach relies on the following: l l l l l l l Usage of textbooks which are considered as international references in their respective areas but supplemented by practical or customized contents Making use of campus recorded lectures / courses by the world’s best professors as well as webcasts / podcasts (when feasible) Providing a strong foundation in critical thinking in general culture (great books, world religions Ensuring that essential IT skills (Word Templates, Internet, basic graphics design) are acquired Documenting all courses and update all syllabi every year Developing professional paper/ article writing skills Preparing students for global engagement and realistic career goals. In order to help our students achieve these goals, our syllabi/course | January 2014 | FranTechnovation 71 database includes a large selection of curriculum-documented courses delivered by various means: lectures on VHS/ DVD, MP3s, as well as textbook-based mentor-directed selfstudies. The Teaching Company (TT) is a key courseware resource for lifelong learners, both independent and school-affiliated. EUCLID incorporates a large number of TT courses as required courseware. These DVDs allow students to experience top-rated US professors without having to incur the expense of attending an physical top-of-class institution. It should be said that in many campuses around the world, actual teaching is often delivered by unmotivated adjunct faculty whose teaching skills (and enthusiasm) may not be satisfactory. For this reason, relying on TT courses provides the students with the assurance of accurate, standard, and engaging lectures. To Know About EUCLID EUCLID faculty members, with the support of volunteer students and interns, are always looking for relevant educational or professional webcasts that may be added to the course requirements and in many cases incorporated into the syllabi. The International Monetary Fund webcasts (coupled with the regular World Economic Outlook and Global Financial Stability Reports) as well as the public lectures held at the London School of Economics are integrated in a number of courses. Of particular interest to all parties interested in Sustainable Development are two distance / online master’s degree programs in Sustainable Development offered by EUCLID (Pôle Universitaire Euclide / Euclid 72 | January 2014 | FranTechnovation www.frantechasia.com University) which the umbrella intergovernmental organization for the International Organization for Sustainable Development under Section X of the intergovernmental convention registered as United Nations Treaty Series certificate 49006/49007. Essential professional skills in information technologies tools, such as word processing, online operations and multimedia projects may be required to fully prepare students for highly proficient positions. When and as needed, EUCLID has retained online and CD-bases award-winning. VTC, Lynda and TrainSignal offer high quality courses, labs and certification preparation solutions that enable EUCLID to deliver best-of-class training to its international student body. A huge list of all the degree programs are offered in various sectors such as International & Treaty Law, Business Administration, Sustainable Development, Diplomacy and International Affairs, Inter-Religious Dialogue & Diplomacy, Mediation & Conflict Resolution, Energy Studies, Theology and many more for Bachelor, Master, Post-Graduate and also Doctoral Level at EUCLID both directly and also offers ICC/OIC & ECOWAS Scholarships. EUCLID is remarkable for its truly global and distributed faculty body which enables the institution to offer a fully international perspective on the subjects being studied. To know about EUCLID’s outstanding training programs and to know about the opportunities of licensing its programs, contact President@ FranTechasia.com | January 2014 | FranTechnovation 47 Money Matters Trans Global Development Group, LLC I ndustry Leaders For Consulting Progams & Project Management Commonly when a business or company must undertake a large project, implementing a system of project management has proven to provide the most effective way to get everything properly organized. Project management allows businesses or companies to complete their project with a correct sense of time and budget, as well as the highest standards of quality. To realize the value of consultation on company, initially the attribute features of company consulting need to be recognized. The major components in consultation to enhance up companies are developing the industry, helping the level of performance, preparing and handling business, worker enhancement, obtaining new businesses and company advancement. A company advisor utilizes these steps successfully. Management Development has become very important in today’s competitive environment. According to a survey, those companies that align their management development with tactical planning are more competitive than the companies who are not. It has also been indicated that 80% of the companies report MDP, compared with 90% that provide executive leadership training. Trans Global Development Group, LLC’s attention to service and detail has made them an industry leader. Their wide range of services provides the exact solution to Organisations looking at expansions. Trans Global Development Group, LLC conducts industrial development management consulting programs, including the design and construction of turnkey infrastructure facilities, construction projects, the operation of wholesale and retail buildings & construction materials businesses, and all aspects of international trade. www.frantechasia.com Trans Global Development Group, LLC serves as an advisor and consultant to sovereign nations, corporations, associations, partnerships, and individuals to establish and maintain teams of experts for industrial, financial, statistical, inventory, and to engage generally in the business of providing promoting and creating systems, methods, and strategies for industrial development. Their experts provide solutions for various sectors including • Energy/Oil and Gas • Commodity Trade • Marine Construction • General Construction • Green Energy Technology • IT and Management Consulting Services - with a focus on Energy Industry • Research Targeted Markets: Trans Global Development Group has a portfolio of industrial programs worldwide, with a focus in Oil and Gas exploration & production, Oil and Gas trade in African countries and Middle East; including Angola, Liberia, UAE, Egypt. To provide you with expert solutions, they are affiliated with: • Farjam Group, LLC (Marine Construction) • DPJ Construction Inc. (General Construction) • K.O.K Construction and Trade (General Construction - General Trading, Iraq) • DIGI Manufacturing (Custom designed digital equipment - Solar technology) • DAT- Data Access Technology Inc. (IT Consulting and Services) • Booker T. Washington Foundation (Industry Planning) • G.J.K Enterprises LLC (Commodity Trade) To know more about Trans Global Development Group or to avail its services or to know about the licensing opportunities, contact [email protected] Money Matters www.frantechasia.com TIME TO BE AN INVESTOR AGAIN B lackRock’s business is investing on behalf of their clients, from large institutions to the parents and grandparents, the doctors and teachers who entrust their savings to them. BlackRock began in 1988 with eight people in a single room who believed they could build a better asset management firm. They shared a determination to put client needs and 78 | January 2014 | FranTechnovation interests first and a dedication to clear thinking and fact-based, data-driven investing, as well as a passion for understanding and managing risk. Founded under the umbrella of The Blackstone Group, the firm initially focused primarily on fixed-income. By listening to clients and understanding their unmet needs, the firm was able to develop important early innovations related to closed-end funds, trusts, www.frantechasia.com defined contribution plans and more. One of these was the Blackstone Term Trust, which raised $1 billion and set the business on a path of steady growth and success. In 1992, the firm adopted the name BlackRock. By the end of that year, BlackRock had $17 billion in assets under management; at the end of 1994, the figure was $53 billion. Now established as BlackRock, in 1995 the firm became a subsidiary of the bank holding company, PNC Financial, and soon began managing openend mutual funds, including equity funds. The association with PNC gave BlackRock access to PNC’s large distribution network and opportunities for diversification through alliances and mergers with PNC affiliates specializing in equity and other investments. As it diversified, the firm developed the concept of One BlackRock, which would become a core principle. Where many companies were structured with autonomous business units, BlackRock insisted instead on a coordinated platform. Managing fixed-income, equity and other businesses together, BlackRock put in place a client-centric business model in which the entire firm’s resources and products can be leveraged for the benefit of clients. In 1999, BlackRock went public with broad employee ownership. By the end of that year, the firm had $165 billion in assets under management and that figure would grow to $342 billion by the end of 2004. By 2005 BlackRock had strong fixed-income, equity and advisory businesses. The firm now undertook a series of transformational mergers that added core investment competencies. These acquisitions strengthened BlackRock’s products and services mix with more offerings in equity, multi-asset products and alternatives, and they greatly expanded the firm’s scale and global reach. The biggest of the mergers took place in 2009, when BlackRock acquired Barclays Global Investors, giving the firm additional active, index and exchange traded fund capabilities through iShares. In this period, BlackRock pioneered multi-asset solutions. The firm became the market leader by bringing together teams that provided a range of client offerings into one unit, combining asset allocation and a host of product solutions that spanned asset classes. Leveraging earlier work, including BlackRock Solutions, BlackRock began providing impartial advice through Financial Markets Advisory (FMA). The FMA team helps governments, financial institutions and other public and private capital markets participants around the world understand their investments and risk. Today, BlackRock is the leading global asset manager, serving many of the world’s largest companies, pension funds, foundations, and public institutions as well as millions of people from all walks of life. Products ASSET MANAGEMENT FOR INDIVIDUALS BlackRock offers more than 200 openend mutual funds globally covering a complete selection of asset classes, styles, and geographic regions. Offering over 80 closed-end funds globally diversified across investment styles, asset classes, and business | January 2014 | FranTechnovation 79 sectors. iShares by BlackRock provides more than 600 ETF options globally for investors seeking the flexibility and efficiency of exchange traded funds. For many investors, alternatives to traditional stocks and bonds may be a good option. Some asset classes and investing techniques once preserved for institutional investors now offer sophisticated investment opportunities for individual investors through mutual funds, exchange traded funds, registered alternatives funds, and other vehicles. ASSET MANAGEMENT FOR INSTITUTIONS The equity offerings cover the risk/ return spectrum and reflect three approaches: Fundamental Active, Scientific Active, and Index. BlackRock manages strategies across benchmark types and styles, including active, index and absolute return, institutional fund and ETF (iShares®). Our offerings span the world’s investable fixed income markets. Offering a flexible product range of liquidity funds across currencies, as well as customized accounts for large investors, BlackRock offers access to a spectrum of alternative investments, including hedge funds, private equity, real estate and infrastructure. SERVICES & RISK MANAGEMENT The Financial Markets Advisory practice (FMA) delivers tailored, unbiased advice to governments and private institutions worldwide. FMA provides guidance in valuing and managing complex portfolios and exposures, help in developing action strategies, advice on disposition of distressed assets and other services. Aladdin®, a unique fully integrated enterprise investment solution, 80 | January 2014 | FranTechnovation www.frantechasia.com combines risk analytics with portfolio management, trading and operations tools to support a consistent, efficient and controlled investment process. BlackRock developed Aladdin to manage the firm’s own investment processes and was soon fielding requests from large institutional clients for access to its unique tools. They now provide Aladdin to more than 150 clients. In a nutshell, Blackrock’s Global Executive Committee (GEC) is highest level governance committee. Its members are the senior executives responsible for the firm’s key activities and operations. The GEC oversees operations and business performance, strategy and planning, talent development and retention, risk management, and external affairs. (http://www.blackrock.com/corporate/ en-in/about-us/leadership) Blackrock’s clients come from nearly every corner of the globe. They are governments, companies, foundations, and millions of individuals saving for retirement, their childrens’ educations and a better life. To know more about Blackrock’s extraordinary financial services and to learn about the licensing opportunities, contact President@ FranTechasia.com International Monetary Specialists M aking Currency Conversions Simple! Outlining certain U.S. federal income tax rules applicable to conversions of currencies from one currency to another (each, a “Conversion”), conversions will be facilitated by International Monetary Specialists (“IMS”), a Delaware Limited Liability Company, on behalf of potential clients, or by another entity that has acquired from IMS the Point of Conversion patent The system of the interbank market does not have a central exchange, and the currencies of most developed counties have floating exchange rates causing currency values to fluctuate relative to other currencies; primarily banks and other market makers dictate the values. As described by IMS, the transparency of the cash conversion process at the actual “Point of Conversion” (“POC”), reveals deal and offset pricings and time thereof; thus providing IMS’s clients with a complete report of conversion as with any commodity conversion. The POC Report will provide IMS’s clients with the ability to see into the non-transparent interbank market allowing for opportunity to increase exchange efficiency, decrease cost of exchange and provide accurate disclosure of cost by identifying the difference between the deal rate of the exchange and the rate in which the accommodating primary market maker actually offsets for that delivery. FRANTECH IMS POINT OF CONVERSION (POC) The Point of Conversion is the moment that the currency transaction occurs. It is this moment when the actual value of the currency exchange is determined. IMS believes that its clients should know when the transaction occurs and what additional fees and costs have been applied to their transaction. What Does The POC Report Provide? Recently some banks have come under scrutiny for non-disclosure of 100’s of millions of dollars in fees. California Teachers Pension Fund claimed 200M dollars alone. However, this is a world wide and systematic issue. The Bank of International settlement (authorized to Audit all Central Banks) has identified as much as 144B per day that goes unaccounted for in FX exchanges. , In an industry that is supposed to be a Sum Zero market, it is disturbing that such a significant amount of money is not being accounted for. Money Matters www.frantechasia.com The Point of Conversion Report properly accounts for and makes an accurate and precise reporting of the transaction including the True Value of your Money and the True Cost that occurs in this process. In the POC, each and every Individual Trade at the actual time authorized is characterized and executed appropriately, till the trade be executed. One will be able to compare their booking price to the actual offset (base) price at that precise time by the automated computer systems. It is then disclosed, the difference as a cost to you. IMS doesn’t just do it because it’s the right thing to do, they do it because 100% accounting provides you the ability to make better business and accounting decisions. | January 2014 | FranTechnovation 83 With the right accounting, it is now possible to show an “ordinary expense” in the transaction. IMS is not a tax expert, however, they have acquired the legal opinion of a large international law firm that substantiates the spread disclosed in the POC Report as an “ordinary expense”. Each client can receive an individualized Opinion Letter specific to their international currency exchanges and payments. The POC Report contains the pertinent information to allow IMS’s clients the ability to substantiate the cost of their exchange. Specifically, the POC Report shows: • Deal Date: the date the exchange was done; • Reference number of each individual trade, as each trade is offset individually; • Sell Amount: the amount of currency that is being sold by the client; • Sell: the currency that is being sold by the client; • Buy: the currency that is being bought by the client; • Buy Amount: the amount of currency being bought by the client; • Deal Rate: the rate that was quoted to the client; • Interbank Market Indicator: the interbank rate at the time the deal rate was given; • to the client, which will be utilized to offset referenced trade at time of the deal; and • Market Cost (USD): the cost of the Conversion to the client in USD or base currency of customer as required. In conclusion, the POC Report will show the added value to the primary 84 | January 2014 | FranTechnovation www.frantechasia.com market maker, and thus revealing the market cost and/or fee to the one taking delivery. Transparency in Global Payments With over 12 years experience in currency conversion, the IMS team has developed a unique Global Payment process. The IMS’ Global Payments software, allows you to easily see the true value and the costs associated with your Global Payments. This unprecedented transparency provides your company with highly valuable accounting data; data that will allow you to account for your currency. Why International Monetary Specialist? Why Transparency? FranTech’s commitment at IMS, is they are dedicated to providing the best International Payment Systems available along with their Exclusive Reporting system that finally brings 100% true accounting to Global Currency Payment market that still has no real standard of reporting. To learn more about the IMS services and to know about the licensing Opportunities, contact President@ FranTechasai.com