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Nairaland Forum / Nairaland / General / Business / Investing In Polythene Shoping Bag Plant (1909 Views)
Oando Kano Selling Fuel In Polythene Bags / Help On Polythene Shoping Bag Business (2) (3) (4)
Investing In Polythene Shoping Bag Plant by kufre2010(m): 8:55pm On Sep 03, 2013 |
Polythene shopping bags have vast domestic and commercial uses: they are used for shopping, wrapping of bread, popcorn, exercise books, food items, pure water and a multitude of other products. Because of their cheap nature, these bags are used frequently and discarded thereby giving them very high repurchase ratios. For example, once a shopping bag is used to carry meat or shrimps, it is discarded after use. Authoritative industry sources indicate that annual consumption of polythene bags in Nigeria is well over 300 million tons (domestic and commercial use only). Opportunities abound for small scale businessmen and women to choose profitable niches in the shopping bag market and play deep there-in. From the supply side of the market, it is important to note that there is no clear market leader because of entry requirements. Prospective investors should also explore the possibility of producing customized bags for big clients like supermarkets. TECHNICAL INFORMATION The plant under consideration is a small scale plant capable of producing a very wide range of polythene bags. On a single shift of 8 hours per day, the plant is capable of producing 3,000 polythene bags daily. Working on three shifts of 8 hours each per day, the plant can produce 3,285,000 bags of different shapes, designs and sizes per annum. However, this write up assumes 2 shifts of 8 hours each per day and 300 working days in a year. The core equipment required includes the shopping bag making machine, moulds, hydraulic perforator. Basic raw materials for polythene are available locally and in very large quantities. The manufacturing process is based on thermal transfer using double ply polythene introduced from an adjustable roller into a thermal diagonal lane where cutting and sealing takes place. Sealing temperature can be controlled and varied by the use of temperature control. Technical Data and Financial Data Estimating the Size of the Market Plant installed capacity: 3,285,000 polythene bags per annum Attainable capacity: 2,956,500 polythene bags per annum Proposed capacity: 1,800,000 polythene bags per annum Power NEPA or 2.2KVA generator Machine feature: Adjustable roller, Jaw Controlled Cutter and Sealing timer. Pre-Investment outlays 30,000 Rent/Accommodation (2yrs) 60,000 Machine / Equipment 100,000 Utilities 50,000 Working Capital 100,000 Total project Cost 340,000 Projected year 1 Income 7,000,000 Projected year 1 Expenses 3,500,000 Projected year Profit 3,500,000 http://www.startup-naija..com/2013/09/investing-in-polythene-shopping-bag.html |
Re: Investing In Polythene Shoping Bag Plant by osca123(m): 9:32pm On Sep 03, 2013 |
ebook selling is what u know about. Dont say what u dnt know thereby misleading people. Are u into this nylon biz? |
Re: Investing In Polythene Shoping Bag Plant by druz(m): 5:55am On Sep 04, 2013 |
Pls, ar u into this biz, wil lik 2 knw more abt it. Mi email okwarandrew@gmail.com |
Re: Investing In Polythene Shoping Bag Plant by kufre2010(m): 11:01am On Sep 04, 2013 |
No I'm not into it but i received this information from those that are into it. This is just basic you have to research for more detailed info before you venture into it. or you can comment on my blog for more info and i will be clad to post it there. Thanks |
Re: Investing In Polythene Shoping Bag Plant by kufre2010(m): 11:02am On Sep 04, 2013 |
No I'm not into it but i received this information from those that are into it. This is just basic you have to research for more detailed info before you venture into it. or if more people comment on my blog for more info and i will be clad to post it there. thanks |
Re: Investing In Polythene Shoping Bag Plant by kufre2010(m): 11:03am On Sep 04, 2013 |
No I'm not into it but i received this information from those that are into it. This is just basic you have to research for more detailed info before you venture into it. or if more people comment on my blog for detailed info i will be clad to post it there. or you can send me your email for details. thanks |
Re: Investing In Polythene Shoping Bag Plant by druz(m): 2:21pm On Sep 05, 2013 |
Dis is mi email okwarandrew@gmail.com |
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