Industrial Biotech Investment Project

Citric Acid Production in Ukraine

Acicorn (Acicorn Organic) is building Ukraine's first independent citric acid plant through deep corn processing, targeting EU and global export markets

$25–30M Investment Opportunity
30,000 t/yr Initial capacity
$10–12M EBITDA / year
29% EBITDA Margin
5.4% Market CAGR

Залежність Європи
від імпорту

The global citric acid market is dominated by China, creating systemic risks for Europe and opening a unique window of opportunity.

🇨🇳

China's Dominance

China controls over 70% of global production and dictates market conditions

⚠️

Supply Chain Risks

Geopolitical instability and supply chain disruptions create market vulnerability

🇪🇺

EU Import Dependency

The majority of citric acid consumed in the EU is sourced from outside the region

🇺🇦

Empty Niche

Ukraine has no industrial citric acid production despite having a strong raw material base

Локальне виробництво —
відповідь на системний виклик

01

Production in Ukraine

Construction of a modern facility leveraging domestic raw material resources

02

Corn as Raw Material

Ukraine is one of the world's largest corn producers, enabling a competitive cost structure

03

EU Export Focus

Direct export to the EU leveraging free trade agreement benefits

04

Competitive Cost Structure

Lower production cost than Chinese competitors thanks to local inputs and logistics

Глобальний ринок
лимонної кислоти

3.2 M
tons/year
Global market volume
$4.2 B
USD
Market value
5.4%
CAGR
Annual growth rate
70%+
China's share
In global supply
Key Consumption Segments
Food Industry
70%
Pharmaceuticals
20%
Cosmetics
10%

Біотехнологічний процес
виробництва

Production is based on a proven industrial fermentation process using natural microorganisms.

🌽
Corn
Domestic raw material
⚗️
Glucose
Processing & hydrolysis
🧫
Fermentation
Biotechnological process
🧪
Purification
Filtration & crystallization
🏭
Citric Acid
Finished product
Proven industrial technology
Lower carbon footprint than chemical synthesis
EU food safety standards compliance
Automated quality control

Project Economics

Selling Price
$1 330
/ton
Cost Price
$940
/ton
EBITDA
$390
/ton
29%
EBITDA Margin
$10–12M
EBITDA / year (Phase 1)
30K
tons/year (initial volume)
150K
tons/year (scaling potential)

Modular Growth Model

01
2026–2028
Production Launch
30 000 t/yr
Construction and launch of Module 1. Business model validation, EU market entry, achieving operational profitability.
$10–12M EBITDA / year
02
2028–2030
Capacity Expansion
75 000 t/yr
Second module commissioned. Market diversification, global-scale entry, reduced unit cost.
$25–30M EBITDA / year
03
2030+
Full Capacity
150 000 t/yr
One of Europe's largest citric acid producers. Potential for vertical integration and global market leadership.
$55–60M EBITDA / year

Гнучка логістика —
конкурентна перевага

🌍

EU Market

Direct access to Poland, Romania, Hungary, and beyond across the EU

Baltic Ports

🚢

Black Sea

Access to the Middle East, Asia, and Africa via Black Sea routes

🚂

Rail Transport

Ukraine's developed rail network enables efficient domestic transport and EU access

Investment Opportunity

Total Round Size
$25–30M
Pre-Seed / Seed Round
Use of Funds
Feasibility Study (FS)
Detailed engineering & design
Pre-construction preparation
Legal & regulatory preparation
Why Now?
Growing demand, unstable Chinese supply
Favorable entry conditions in Ukraine's reconstruction context
Mature market with predictable demand and stable pricing
Experienced team with relevant industrial background
Request Details

Project Team

PP
Pavlo Polianychka
Founder & Project Lead
25+ years of experience in industrial projects
Deep expertise in chemical industry, industrial construction, and management of large capital-intensive projects.
👥
The team is actively growing. We are recruiting specialists in biotechnology, finance, and operations management.
Join the Team

Розпочнемо
розмову

If you're interested in participating as an investor, partner, or team member — we're ready to provide all necessary materials.

Thank you! We'll be in touch shortly.
Submission failed. Email us: Acicorn1@acicorn.com