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.
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:
EXECUTIVE SUMMARY
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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