"Biofuel - a New Market Niche" - International workshop 13 - 14 March 2008, Riga, Latvia

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Vostock Capital UK is pleased to invite you to take part in the international practical workshop ‘Biofuel - a New Market Niche’, which will take place in Riga, Latvia, on the 13th – 14th of March, in 5-star hotel ‘Reval Ridzene’.

Biofuels production and consumption volumes continue to rise rapidly in many countries of the world. Every year sees dozens of bioplants commissioned in Europe, and biomass suppliers all over the globe are increasing their exports. And yet the majority of companies, which decide to develop this area of business, face numerous questions:

Is building a bioplant profitable?
How to reach the desired product quality?
Where to find a suitable buyer?
What price quotations are used for pricing a product?
How to select best and quality equipment?
Should extra investors be involved and on what terms?

The workshop will focus on case studies reflecting relevant experience of companies from Europe, the Baltic, Russia and Ukraine. The event is interactive and will provide effective experience exchange between such experts and market players as Austrian Biodiesel Institute, Rosneft, Latvian Ministry of Economics, Desmet Ballestra, Platts, Biodiesel Energy Trading, Kingsman, Biodiesel-Vienna, Ziemelu Nafta, IFQC, SIA Bioventa, MasloProduct, Gerelo and many others.

The workshop will be highly relevant for:

owners and managers of companies
business development officers
financial and investment departments
officers traders (traders/importers)
transportation and logistics officers

ATTENTION! Every third delegate from a company receives 30% discount.

Day I: 13 March 2008

9:30 – 13:00 Session 1. Current situation in the biofuel market and its global potential

Key trends in the development of biodiesel worldwide
Biofuels in Eastern Europe and CIS: Current Challenges and Future Opportunities
Situation on biofuels in Latvia
Biodiesel and bioethanol market comparison

Speakers: Siegfried Meyer, Austrian Biodiesel Institute, Petr Steiner, IFQC & WRFS, Eastern Europe and CIS Name to be confirmed, Ministry of Economics of Republic of Latvia, Ian O’Gara, Accenture

13:00 – 14:00 Lunch

14:00 – 18:00 Session 2. Building a bioplant. Making the right decisions

Economic feasibility of building a bioplant, what are the
State support
Factors to be taken into account when building a bioplant
Selection of the process and technology
Enhancing production margin and product output
Recycling of wastes. What to do with the byproduct?

Speakers: Roman Korablin, Masloproduct Girt Fisers, SIA BIOVENTA, Richard Wilson, Biodiesel Energy Trading, Stephan Leisner, BioDiesel Vienna GmbH, Jelena Mitrovic, Victoria Group d.o.o.

19:00 – 21:00 Cocktail reception and dinner for delegates

DAY II: 14 March 2008

9:00 – 9:30 Session 3. Sustaining the feedstock supply chain and managing the biodiesel market opportunities

Challengies in managing the feedstock supply chain
Strategies in sustaining the feedstock availability and accessibility
The unstable pricing of feedstock and its impact on the supply chain
Securing a long term contract for feedstock supply
Outlook of resourses development in biodiesel feedstock
Strategic appreached in resourses development for continuous production

Speaker: Siegfried Meyer, Austrian Biodiesel Institute

09:30 – 10:00 Session 4. Pricing and use of price quotations and assessments

Which quotations to use?
What makes the price?

Speakers: Jonathan Davies, PLATTS

10:00 – 10:40 Session 5. Quality and blending issues

Why products quality is so important for the consumer?
Types of standards and their application
Blending

Speaker: Siegfried Meyer, Austrian Biodiesel Institute

10:40 – 11:10 Coffee-Break

11:30 Site visit for bioplant "BIO-VENTA". Delegates will be able to visit one of the most promising and recently constructed plants in Latvia with a capacity of 100 thousand tons per year! The complex incorporates a rapeseed processing facility. The technology enables not only the use of rapeseed oil but also soybean oil, palm oil and the oil of other vegetable oils, as well as to refine used cooking oils.