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Project Steps1. Define ProjectWhere will it be? What will the plant be doing? What by-products are desired? What size is required? When is it needed? 2. Project ApprovalApproval by Licensing Authorities. Approval by local and state authorities as needed. Is input (material) approval needed? Any other approvals needed? 3. Operations/Ownership DecisionWho will own the plant? What ownership structure is desired? Who will operate the plant? Under what terms? Any exit arrangements? 4. ContractsSite Purchase Agreements Operating license Purchase Agreement Feasibility Study Contract with Third Party Engineering Company Engineering, Procurement and Construction Contracts with qualified contractors All necessary contracts or agreements with municipalities, feedstock providers, and product purchasers. 5. FinancingSubmit business plan for financing. Receive terms and conditions. Conclude financing. 6. ConstructionSite Construction Agreements are concluded and Funded. Plant site is prepared. Other equipment delivered. Operators are trained. Plant is certified, delivered, and operational. 7. Operations Begin
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