ACE team presenting at the Siegen Chamber of Industry and Commerce (IHK)
14. February 2023

Business concept. Business people discussing the charts and graphs showing the results of their successful teamwork.

Successful acceptance
of feasibility study
for sustainability project

ACE International GmbH (ACE) achieved the successful acceptance of a feasibility study that focuses on the utilisation of sustainable raw materials in the wood-based panel industry.

In cooperation with a leading German technology provider, ACE prepared a project study dealing with the sustainable production of wood-based panels. The study was presented in detail to the project investor and a development bank. The comprehensive assessment and financial model confirmed the economic feasibility of the sustainability project.

The feasibility study, which comprises about 500 pages, was officially accepted by both, the bank and the investor. It includes an extensive location and market analysis, risk assessment and various material tests under laboratory conditions.

The acceptance of the study paves the way for the continuation of the project, which is to implement the production of high-quality products with the help of innovative and sustainable raw materials.

The project intends to reduce the global shortage of resources and therefore makes a contribution to the protection of our environment.

                                              Group Photo development bank