Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Njunge wrote:Kusadikika wrote:Njunge wrote:One of their key steam plant units which was limping when they stopped would require serious repairs even if they got raw material tomorrow. How long would it take? I think the original manufacter was Actom John Thompson or Five Cails. Either boiler maker do not have off shelf spares for such units and they would require a lead time of not less than 6 months to have the parts on site. A further 4 months would be required to refurbish and commission. If that process started tomorrow, then the earliest MSc can resume crushing would be May 2020. I think it won't happen since there are no concrete revival plans available so far. There is a 99‰ chance MSc will produce less than 1 kg of sugar, less than 1 litre of ethanol and less than 1 watt of electricity in 2020. How much is the plant worth as scrap metal?  No idea but apart from that unit and the process house which also requires some fixing, the plant is a good going concern. Challenge is who is ready to spend on it, what to do with it after fixing it in the absence of raw material. Of course good engineers, technicians and plant operators, most of whom were trained by Booker Tate, took off. Getting personnel to run and maintain the plant would also be a serious challenge. If it is a good going concern then wonder why rai is not putting a takeover bid!
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