A large Dutch producer of bioethanol equipment was interested to enter Georgian market and invest in a bioethanol production facility there. Our task was to assess whether this could make economic sense or not. TBSC analyzed both supply and demand sides of the project. On the demand side, its assessed the expert market for bioethanol, prices and forecasted demand quantities. On the supply side, TBSC assessed feasibility of large-scale crop farming in Georgia, which could supply raw materials to the plant
