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Strategy


The basic activity of Rapid Oil Industry Co., Ltd. is performed in the field of production, realization, R&D and management of energy obtained from renewable and alternative sources including biofuels and energy from agricultural biomass, on one hand, and ecological production of the agricultural sector, on the other. The main corporative strategic objective of Rapid Oil Industry Co., Ltd. is gaining leading positions on the Eastern and Central Eastern European markets through offering high-quality ecologically clean energy production manufactured from renewable energy sources on the territory of Republic of Bulgaria at competitive prices.

In relation to achieving the primary company goal, the complete team of professional managers and specially trained personnel of Rapid Oil Industry Co., Ltd. faces the imminent need to fulfil a variety of investment tasks which are structured in the following interrelated business units:

  • Expanding the existing material and technical base used for the production and logistics of biodiesel and doubling the production capacity of the strategic business unit from 60 000 mt/y to 120 000 mt/y through:
    • Constructing and implementing additional production capacities and infrastructure;
    • Construction of a logistics centre with road and railroad terminals in company owned industrial railroad branch;
    • Creating an automotive fleet of tank trucks.
  • Developing an agricultural sector as a separate strategic business unit which includes the following:
    • Purchasing and processing agricultural land in order to ensure a constant yield of the necessary for the production of biodiesel rape through a planned rotation with grain from cereals and corn which are intended for direct market realization;
    • Purchasing the necessary agricultural equipment and the corresponding attached inventory for the processing of agricultural areas;
    • Construction of silo facilities with a capacity of 150 000 t of rape together with sheds for forage mixtures and flour;
    • Starting the operation of a unit for press and extraction of cake with seed capacity of up to 1 000 mt/day, which ensures the availability of feedstock for the production of 120 000 mt/y of biodiesel.
  • Construction of company owned greenhouse and animal breeding complexes
    • Constructing greenhouse facilities;
    • Investing in commercial buildings and animals.
  • Structuring a strategic business unit of bioreactors utilizing waste biomass from the agricultural sector with the option to process filtrates and residues from waste treatment plants and animal farms, technical energy crops and processing of organic waste from slaughterhouses and incinerators, plastic, domestic waste, etc which:
    • Generates biogas followed by co-generation in an electrical and heat energy production intended for the market as well as for technological needs of the company, including: use in greenhouse and animal complexes;
    • Obtaining synthesis gas and catalytic production of second generation biofuels;
    • Biomass pyrolysis for the production of pyrolysis oil and synthetic gasoline, kerosene, diesel – second generation biofuels;
    • Production of pellets for burning.
  • Development and construction of high-tech farms  for the production of technical oils intended for the production of biofuels from the processing of biomass through the use of bacteria and microorganisms;
  • Participation in the carbon emissions market;
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