Memo — Genco to EE
The submission plan, each party's contributions, and the economic starting position: 40/40/20 SPV equity, a 50/50 economic split between Genco and EE, and cash contributed one-to-one.
SWITCH-Asia·Priority 1 — Sustainable production
A 10–12 tonne-per-day pyrolysis facility in Bandar Lampung, converting contracted post-consumer plastic into ISCC PLUS-certified oil for petrochemical recycling. Genco and Elevated Elements are applying for it together under the EU's SWITCH-Asia programme, and this site holds the working documents.
Everything on this site exists to support one submission, and it is held in two working documents. The memo fixes the commercial understanding between the partners — who brings what, and how the economics are shared — and is currently awaiting Elevated Elements' confirmation. The application draft is the grant document itself, maintained section by section with every open data point marked by owner.
The submission plan, each party's contributions, and the economic starting position: 40/40/20 SPV equity, a 50/50 economic split between Genco and EE, and cash contributed one-to-one.
The full SWITCH-Asia draft — relevance, action design, partnership, sustainability, budget and logframe — with amber markers wherever a number or confirmation is still outstanding.
What makes this application unusual is that the market is already anchored. Feedstock volumes are contracted at a pre-agreed price under an executed agreement, and the offtake — specifications and pricing included — is covered by Elevated Elements' existing ExxonMobil arrangement. The grant does not create the market; it funds the demonstration that proves it works in Indonesia.
flowchart LR
A["Contracted feedstock<br/>post-consumer plastics<br/>10–12 t/day · Genco"] --> B["QC & preprocessing<br/>hazardous-fraction exclusion<br/>PT CEAA + MSMEs"]
B --> C["Pyrolysis plant<br/>EE process + proven<br/>reactor configuration"]
C --> D["Pyrolysis oil<br/>ISCC PLUS certified"]
D --> E["Petrochemical offtake<br/>ExxonMobil<br/>specs & pricing agreed"]
C -.-> F["Residues<br/>controlled disposal<br/>per permit"]
Eleven days, worked backwards from the deadline. Two confirmations matter most — Christian's check with the SWITCH-Asia team, and a yes or a counter on the economics — and both are due 19 August; they unlock everything that follows. From the 20th the teams sync for fifteen minutes each morning.
The site is the single source of truth for both teams, and it is deliberately read-first. Start with the memo if you are new to the project; start with section 5, the budget, if you are checking numbers. Amber markers such as input needed — Genco flag every outstanding data point, and each one reappears on the open-inputs page with its owner — and a due date, where one is fixed. If anything reads wrong, flag it to Ton or Christian — corrections are made at source and the site is redeployed within the hour.