Tuesday, September 22, 2015


Ethanol, also called ethyl alcohol; can be used as fuel alcohol, drinking alcohol, and grain alcohol. The common type of ethanol is the one found in alcoholic beverages. It is also used as fuel for cars and often called alcohol or spirit.

Ethanol is generally produced by the fermentation of sugar, cellulose, or converted starch and has a long history. In Nigeria, local production of ethanol from maize, guinea corn, millet, other starchy substrates, and cellulose is as old as the country itself.

The opportunity for ethanol production in Nigeria is amazing. Right now, our demand locally is being met by importation.

Nigeria is the largest producer of cassava in the world, producing about 40 million tons per of the product annually. Cassava is one of the richest fermentable substances for the production of crude alcohol/ethanol. Cassava produces a better quality alcohol, and the distilling technique employed ensures a high quality product, free from all type of odors and not harmful to the environment.

There are two types of ethanol: (1) Denatured ethanol and (2) Hydrous ethanol
Denatured Ethanol: It is the one used in blending Premium Motor Spirit (PMS) to E10, E20 etc. It is usually mixed with 2-5 low cost hydrocarbon that makes it unfit for human consumption.

Hydrous Ethanol: It is the natural ethanol used as industrial raw material in the production of alcoholic beverages, cosmetics, perfumes, drinks, medicaments and other industrial uses. We consume up to 20 million litres of the product annually and presently, there is nobody producing it despite the abundance of the raw material (cassava) in the country. The production is viable because it is resource-based: the raw material, the technology and the equipment are all locally available.

This report seeks to examine the financial viability or otherwise of establishing hydrous ethanol production plant in Nigeria using cassava tubers as basic raw material.

The capacity of the proposed plant is 2,500 litres in eight {8} hours working three {3} shifts the plant would operate for 24 hours for 300 day per annum. 

Report Details:

Report Type: Pre- Feasibility Report

Formats of Delivery: PDF / MS WORD

No. of Pages: 32 Pages ( Text Part) / 6 Pages (Financial Part)

Publisher: Foraminifera Market Research

Release Date: 30/08/2015

Language: English

Delivery time: 24– 48hours

Table of Contents:


1.0 Business Overview

1.1 Description of the Business
1.2 Vision and Mission Statement
1.3 Business Objective
1.4 Critical Success Factor of the Business
1.5 Current Status of Business
1.6 Description of the Business Industry
1.7 Contribution to Local and National Economy

2. Marketing Plan

2.1 Description of product
2.2 Product Packaging and delivery
2.3 The Opportunity
2.4 Pricing Strategy
2.5 Target Market
2.6 Distribution and Delivery Strategy
2.7 Promotional Strategy
2.8 Competition

3. Production Plan

3.1 Description of the Location
3.2 Raw Materials
3.3 Production Equipment
3.4 Production Process
3.5 Production Cost
3.6 Stock Control Process
3.7 Pre-Operating activities and expenses
3.7.1 Operating Activities and Expenses
3.8 Project Implementation Schedule

4.0 Organizational and Management Plan

4.1 Ownership of the business
4.2 Profile of the promoters
4.3 Key Management Staff
4.3.2 Management Support Units
4.4 Details of salary schedule

5. Financial Plan

5.1 Financial Assumption
5.2 Start up Capital Estimation
5.3 Source of Capital
5.4 Security of Loan
5.5 Loan Repayment Plan
5.6 Profit and Loss Account
5.7 Cash Flow Analysis
5.7 Viability Analysis

6.0 Business Risk and mitigation factor

6.1 Business Risks
6.2 SWOT Analysis

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