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Vegetable Oil Production From Groundnut Seed; The Feasibility Report.

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Vegetable Oil Production From Groundnut Seed; The Feasibility Report.

30,000.00

Vegetable oil are edible oil used as cooking or frying oil at homes and industrially ,they are used in the production of soaps,cream,butter and margarine. It is liquid at room temperature and when pure is golden yellow in colour. Cake a bye-product in the production of vegetable is very useful in the production of animal feeds.

Product Description

Any nation that requires development must look inwards to identify areas where it has comparative advantage over other nations and seek to develop the identified areas.

Apart from hydrocarbon, Nigeria has comparative in the Agricultural sector where a variety of products are produced due to the favorable climatic condition ,good soil condition and the fact that over 70% of the entire land mass of the country is arable.

Vegetable oil are edible oil used as cooking or frying oil at homes and industrially ,they are used in the production of soaps,cream,butter and margarine. It is liquid at room temperature and when pure is golden yellow in colour. Cake a bye-product in the production of vegetable is very useful in the production of animal feeds.

The project involves the processing of oil bearing seed for the production of vegetable oil. The equipment required for production depends on the raw material used and at such the basic equipment required are crusher, toaster, filter press and refining plant. Other equipment includes receiving tanks, weighing scale and project vehicle. The envisaged output are vegetable oil and cake, the latter been used in livestock feed production.

The raw material that can be used as feedstock for the plant include soya bean, palm kernel seed, sunflower seed, cotton seed, groundnut seed, sesame and melon seed.

Nigeria is the second largest producer of sesame seed in Africa, producing about 120,000 MT annually .About 65% of the annual production is processed into oil and 35% used as food. The country also produces all of the feedstocks and at such raw materials for start-up would be a problem.

The manufacturing process would be dependent on the raw material used for production. When the raw material is groundnut seed, the nuts would first be placed in the decorticating machine where the kernel would be separated from the husk. The kernel is then placed in the kettle for boiling, then to the expeller after which the product is taken to the filter process where the oils is extracted leaving behind the cake.

With mild modification, the manufacturing process for all other raw material is similar to same outlined above.

Report Details

Report Type: Feasibility Report
Formats of Delivery: MS WORD
No. of Pages: 38
Product Code: FORA/08/2011/048
Publisher: Foraminifera Market Research
Release Date: 02/10/2013; Updated Every 3- Months
Language: English
Delivery time: 24– 48hours

Table of Contents

Table of Content

EXECUTIVE SUMMARY

Business Overview

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

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

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 Milestones

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

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 Analysis
5.7 Cashflow Analysis
5.8 Viability Analysis

Business Risk and mitigation factor

6.1 Business Risks
6.2 SWOT Analysis

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