Detailed Project Report on mineral turpentine oil (mto) (Capacity: 24000 Ltr/Day)

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Description
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MINERAL TURPENTINE OIL (MTO) 10 KL

FROM PETROLEUM (SUPERIOR KEROSENE OIL OR OTHER MATERIAL)

[CODE NO.4018]

Mineral turpentine, also known as turpentine substitute, turps substitute, or just turps is an inexpensive petroleum-based replacement for the vegetable-based turpentine. It is commonly used as a paint thinner for thinning oil-based paint and cleaning brushes, and as an organic solvent in other applications.

Mineral Turpentine Oil is versatile items derived from petroleum product and is used as a solvent in paints coating and in screen printing and as solvent or diluent,

The demand of paints coating etc. is increasing rapidly due to industrial development. Among the ingredient used for its manufacture is superior kerosene oil (S.K.O.) which is not drying type. However M.T.O. which is produces using S.K.O. as raw material is of easily drying type therefore used in screen printing under sunlight.

However the demand of Mineral Turpentine Oil is increasing day by day and hence there is a good scope for new entrant.

COST ESTIMATION

Plant Capacity 24,000 Ltr./Day

Land & Building (3000 sq.mt.) Rs. 3.72 Cr

Plant & Machinery Rs. 80 Lac

Working Capital for 1 Month Rs. 3.57 Cr

Total Capital Investment Rs. 8.23 Cr

Rate of Return 34%

Break Even Point 46%

INTRODUCTION

USES AND APPLICATION

GRADES OF MTO

MTO (LAW) SPECIFICATION

B.I.S. SPECIFICATION

REQUIREMENT AND TEST METHOD FOR PETROLEUM HYDROCARBON SOLVENT

SCOPE

GRADES

REQUIREMENTS

PACKING AND MARKING

MARKING

EACH CONTAINER SHALL BE MARKED WITH THE FOLLOWING INFORMATION

SAMPLING

SPECIFICATION OF SUPERIOR KEROSENE OIL

PROPERTIES & CHARACTERSTICES TURPENTINE OIL

TURPENTINE OIL

HAZARD FLAMMABLE, MODERATE FIRE RISK:-

PROPERTIES & CHARACTERSTICES OF RAW MATERIALS USED

GUM TURPENTINE

COBALT NAPHTHENATE

TOLUENE

GRADE:-

HAZARD:-

KEROSENE OIL

HAZARD

HEXANE

MARKET POSITION

TRENDS IN THE INDUSTRY

OVERVIEW OF PAINT INDUSTRY

INDIAN PAINT INDUSTRY HAS GROWN AT 10.4% CAGR OVER 12 YEARS

CONTRIBUTION OF DECORATIVE PAINTS IN THE OVERALL INDIAN PAINT

INDUSTRY HAS EVIDENTLY INCREASED OVER THE YEARS

PAINTS INDUSTRY IN INDIA

A. DECORATIVE PAINT INDUSTRY IN INDIA

DOMESTIC DECORATIVE SEGMENT GROWS AT 11.4% CAGR OVER

THE LAST 12 YEARS

B. INDUSTRIAL PAINT INDUSTRY IN INDIA

DOMESTIC INDUSTRIAL PAINT SEGMENT GROWS AT 7.9% CAGR OVER

THE LAST 12 YEARS

RISE IN PER CAPITAL CONSUMPTION OF PAINTS

INDIA’S PER CAPITA CONSUMPTION OF PAINTS FAR LESS VIS A VIS

GLOBAL AVERAGE

GROWING PER CAPITA CONSUMPTION IN INDIA

MANUFACTURERS/SUPPLIERS OF M.T.O

FORMULATIONS

FORMULATION NO.1

FORMULATION NO.2

FORMULATION NO.3

FORMULATION NO.4

FORMULATION NO.5

FORMULATION NO.6

FORMULATION NO.7

MANUFACTURING PROCESS OF MTO USING SKO

PROCESS FLOW DIAGRAM

MANUFACTURING PROCESS OF MINERAL TURPENTINE OIL

PLANT LAYOUT

PRINCIPLES OF PLANT LAYOUT

MAJOR PROVISIONS IN ROAD PLANNING FOR MULTIPURPOSE

SERVICE ARE:

PLANT LOCATION FACTORS

PRIMARY FACTORS

1. RAW-MATERIAL SUPPLY:

2. MARKETS:

3. POWER AND FUEL SUPPLY:

4. WATER SUPPLY:

5. CLIMATE:

6. TRANSPORTATION:

7. WASTE DISPOSAL:

8. LABOR:

9. REGULATORY LAWS:

10. TAXES:

11. SITE CHARACTERISTICS:

12. COMMUNITY FACTORS:

13. VULNERABILITY TO WARTIME ATTACK:

14. FLOOD AND FIRE CONTROL:

EXPLANATION OF TERMS USED IN THE PROJECT REPORT

1. DEPRECIATION:

2. FIXED ASSETS:

3. WORKING CAPITAL:

4. BREAK-EVEN POINT:

5. OTHER FIXED EXPENSES:

6. MARGIN MONEY:

8. LAND AREA/MAN POWER RATIO:

PROJECT IMPLEMENTATION SCHEDULES

INTRODUCTION

PROJECT HANDLING

PROJECT SCHEDULING

PROJECT CONSTRUCTION SCHEDULE

TIME SCHEDULE

SUPPLIERS OF RAW MATERIALS

SUPPLIERS OF SUPERIOR KEROSENE OIL

SUPPLIERS OF GUM TURPENTINE

SUPPLIERS OF COBALT NAPHTHENATE

SUPPLIERS OF PACKAGING DRUM

SUPPLIERS OF LAB TESTING CHEMICALS

SUPPLIERS OF PLANT & MACHINERY

SUPPLIERS OF MIXER

SUPPLIERS OF FILTER PRESS

SUPPLIERS OF LABORATORY EQUIPMENT AND LAB TESTING EQUIPMENT

SUPPLIERS OF FIRE FIGHTING EQUIPMENTS

SUPPLIERS OF STORAGE TANKS

SUPPLIERS OF PACKAGING MACHINERY

APPENDIX – A:

01. PLANT ECONOMICS

02. LAND & BUILDING

03. PLANT AND MACHINERY

04. OTHER FIXED ASSESTS

05. FIXED CAPITAL

06. RAW MATERIAL

07. SALARY AND WAGES

08. UTILITIES AND OVERHEADS

09. TOTAL WORKING CAPITAL

10. TOTAL CAPITAL INVESTMENT

11. COST OF PRODUCTION

12. TURN OVER/ANNUM

13. BREAK EVEN POINT

14. RESOURCES FOR FINANCE

15. INSTALMENT PAYABLE IN 5 YEARS

16. DEPRECIATION CHART FOR 5 YEARS

17. PROFIT ANALYSIS FOR 5 YEARS

18. PROJECTED BALANCE SHEET FOR (5 YEARS)

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