Dominican Republic
FORBES ENERGY, LLC. is a U.S. company convinced of the agricultural potential
and the excellent geographic position of the Dominican northwest, as well
as the increasing demand for biofuels in the world and introduction of
RD-CAFTA, it plans to construct and operate a renewable energy, zero environmental
footprint facility.
FORBES ENERGY DOMINICANA, S.A. and FORBES BIO-FUELS S.A., affiliates of
FORBES ENERGY, LLC, are the corporate vehicles established to carry out
the production of ethanol and related projects.
Areas of operation:
Regional Location
Northwestern
Dominican Republic is centrally located in the Caribbean and above all,
it is close to the U.S. market. The Republic of Haiti is even closer,
and it is FED’s fourth most economically important market. The following
aspects highlight the advantageous location of the project:
1. Regional Location
2. North America
3. Atlantic Ocean
4. Caribbean
5. Caribbean Sea
6. Central America
7. Pacific Ocean
8. South America
Our Project
The project will be located on a 30-hectare property, in the city of Manzanillo,
municipality of Pepillo Salcedo, in the province of Montecristi. In addition
to the production facility property, FED will use agricultural lands under
concession to grow sugarcane to supply the ethanol plant. The State will
receive direct revenues from the gross sales of ethanol, and the company
will refurbish, maintain and build road infrastructures and public use
services, thus improving the logistics in Montecristi.
The project intends to operate in two strategic sites:
1 – Forbes Energy Dominicana Industrial Park (dehydration,
storage, workshops and logistics)
The industrial park is located at the entrance to the city of Manzanillo,
the main city in the municipality of Pepillo Salcedo, province of Montecristi,
located at the most western part of the Dominican Republic, 300 km away
from Santo Domingo, DR. The municipality has a population of 8,100 (Census
2002), 4,000 of these live in the urban zone and 4,100 in the rural zone.
FED plans to conduct the following operations on this site: logistic center,
dehydration plant, co-generation, fertilizer production and methane capture.
In addition, FED will operate a railroad transportation system, industrial
workshops, storages, warehouse tanks, and other ancillary activities.
2. – Features
The cogeneration industrial complex consisting of the production of ethanol
and power is illustrated by the plots highlighted in green on the map,
in a 30-hectare area. FED intends to establish operations on this site
for ethanol distillation, dehydration and storage, power cogeneration,
production of organic fertilizer and related activities.
The facility is 20 km away from the most important urban centers such
as Montecristi and Dajabón. Politically, both cities are in the
province of Montecristi, which has an 111,000-inhabitant population, 52,909
of which live in the urban zone, and 58,105 in the rural zone. The climate
is semiarid, with an average temperature of 26.5ºC and annual rainfall
of 700 mm, with average evaporation of 1,800 mm.
