MGV KLHK Zero Waste Zero Emission

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MAGALARVA

Producing sustainable feed for animal farmers by


converting organic waste
What are we solving?

Food Waste Unsustainable


Problem Feed Industry

42,000 tons Extractive practices


of food waste are produced to produce Fish meal and Soybean meal,
everyday and 70% of it ends up in two of the most essential raw material
landfills. for animal feed
So, what can we do about it?

Using food waste to substitute the unsustainable


animal feed raw materials

42,000 tons USD 20 bio


Food waste processed Indonesia animal feed protein market
Closed Loop
Food Waste Animal Feed
Circular Economy

Food Agriculture
Producers Sector

Food Materials
How are we solving it?

Using Black Soldier Fly (BSF)


larvae that will eat the food
waste and become a highly
sustainable protein
Products

Dried Larva Protein Oil Ferti Shrimp 104


Aquaculture feed Aquaculture feed
Pet fish Farms (vegetables, fruit)
Pet food Pet food Shrimp feed supplement
Premium pet food Plantation
Poultry feed Poultry feed
Business Model Hotel, Restaurants,
Cafe, Landfills
Commercial
Factories

Bioconversion Factory
$$ $$
Food Industrial
out Waste in
Waste

Incentives Waste Service

Feed Products Payment $$


in
Feed Mills, Farmers

Product Flow
Cash Flow
Progress To-Date

4,000+ tons $1,700,000


Food Waste Processed Annual sales value from
since 2019 secured Letter of Intent

76% 23 16
Costs Reduced SKUs launched Distributors
from 2020 to 2023 since 2019 across Indonesia

Strategic Partners
2016
42,000 Tons
of food waste everyday
2017 Magalarva was established

Research in lab facility, process up


to 50 kg of organic waste per day

Trial & error on hatching feed,


hatching shower, feeding method
and ratio, self-harvest
2019 Pilot production facility process up
to 1 ton of organic waste per day

Use bioponds and scheduled


harvest, lab scale egg production

Constant R&D in improving FCR,


hatching ratio, survival rate
Flagship facility that can process up to
400 tons of organic waste and produce
14 tons of BSF meal monthly

Produce up to 2 kg eggs per day

2021 - Decrease COGS by 60% since 2019


through biological advancements

Started implementing fully trackable


process with IoT automation

More than 10x more land efficient

Present
Continue R&D in improving FCR,
multiplying rate, egging rate, hatching
ratio to increase efficiency and lower
COGS

Continue trials with different


feedstock formulation, and trials in
different post-processing method

Selling BSF whole dried larvae, BSFL


defatted meal meal, BSF fertilizer, and
BSFL oil
Impact

2019 2021 2023 2025 2027

4,000 tons
Food Waste Processed
182,078 tons
Food Waste Processed

9,860 tons 448,824 tons


CO2 Emission Avoided CO2 Emission Avoided

~$1.35 million
Potential Revenue from Carbon Credit
[$3/kg CO2-e]
Operation Process
Processed by Magalarva

Organic waste Organic


Waste Bio- Recycle Product
collection and waste Harvest
treatment conversion report utilization
transportation sorting
Production Process

Hatchery Insectarium

Black Soldier Fly (BSF)

BSF
eggs
End Products

BSF mini BSF


larvae pupae

Feedstock Feedstock Growing Harvest Fresh Post- Product Product


transport pre-treatment Area larvae processing storage transport
Hatchery

Growing
Area
Broodstock
Area

Insectarium
Processing

Product
Storage
512 tons of expired
milk and counting
176 tons of expired milk
waste and counting
12 tons of expired
food waste
200 households in
Jabodetabek

30 tons of food
waste and counting
250,000 people in
Jakarta area
Exporting
Experience
Opportunities and Challenges
1 $20 Billion market and opportunity 3 Selling price is low (Rp 15,000/kg)
We want to sell to mainstream economy market We can only sell to niche premium market

BSF is capable to process


2 4 Production cost is high (>Rp 30,000/kg)
100% of Indonesia food waste
57% BSF Cost is food waste cost (Rp >30,000/kg)
Factors influencing the high cost of food waste:

1 Low segregation Efficiency


The infrastructures in TPS or Lapak is severely
low equipped leads to inefficient waste
segregation

2 Infrastructure Lack of Readiness


Commercial sectors do not have adequate
channels to contribute in food waste elimination.

57%
of BSF production cost is
its feed cost (Food Waste)
Waste Supply Chain
Inorganic
This is where the Waste
highest cost lie Management

Inorganic
waste
Private Collection
Waste Pool (TPS or
Collector “Lapak”)
Food Waste

Waste
Producer
Household
Hotel Government
Restaurant
waste Landfill
Wet market
collector
Factory
Distribution center
Steps to be Zero Waste : TPS Transformation
Transforming TPS or “Lapak” with semi automated
equipments, increasing efficiency up to 5x without
increasing cost
Before After
What’s Going to Happen After?

Before After
What’s Going to Happen After?
1 $20 Billion market and opportunity
We want to sell to mainstream economy market

BSF is capable to process


2
100% of Indonesia food waste

3 Selling price is low (Rp 15,000/kg)


We can only sell to niche premium market

4 Production cost is high (>Rp 30,000/kg)


What’s Going to Happen After?
1 $20 Billion market and opportunity
We want to sell to mainstream economy market

BSF is capable to process


2
100% of Indonesia food waste

3 Selling price is low (Rp 15,000/kg)


We can only sell to niche premium market

4 Production cost is low (<Rp15,000/kg)


What’s Going to Happen After?
1 $20 Billion market and opportunity
We want to sell to mainstream economy market

BSF is capable to process


2
100% of Indonesia food waste

3 Selling price is low (Rp 15,000/kg)


We can only sell to niche premium market

4 Production cost is low (<Rp15,000/kg)


What’s Going to Happen After?
1 $20 Billion market and opportunity
We want to sell to mainstream economy market

BSF is capable to process


2
100% of Indonesia food waste

3 Selling price is low (Rp 15,000/kg)


We can only sell to niche premium market

4 Production cost is low (<Rp15,000/kg)


What’s Going to Happen After?
Good News

1 $20 Billion market and opportunity Protein market :


We want to sell to mainstream economy market 27,000,000 ton per year

BSF is capable to process


2
100% of Indonesia food waste
Conversion to waste :
548,000,000 ton per year
3 Selling price is low (Rp 15,000/kg)
We can only sell to niche premium market

4 Production cost is low (<Rp15,000/kg) 1,501,000 ton per day


www.magalarva.com

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