Detailed Project Report on Plastic Moulding Unit (Chair, Tables & Vegetable Trays)

PLASTIC MOULDING UNIT (CHAIR, TABLES & VEGETABLE TRAYS)

[EIRI/EDPR/1430] J.C. 209

INTRODUCTION

Due to the very low consumption as compared to developed countries and even in India, a large gap is to be filled by introducing new and cost effective products. Customers with low purchasing power dont have any option other than plastic furniture. Middle and lower classes in Pakistan is major buyer and these classes are 65% of total population. Also there are very few players in this business. The business of Molded Furniture has marked its place in the country through growth during the last ten years. This growth has opened up new opportunities. The prime reason for this is awareness about the product. Along with that, companies are offering conditional warranty of plastic chairs minimizing risk of customer. Molded Furniture is basically produces in developed countries to be used as Lawn Furniture and outdoor restaurants. As trends are from developed countries, it was introduced in Pakistan around 1984-1985 by a Karachi based firm. Then a factory was installed in Gujranwala and then with the passage of time now there are some main 7units producing plastic chairs, tables, baby products, etc day and nights. Due to low purchasing power people in Pakistan found this product cheap, associated with warranty covering the risk of consumers. Customer bank is increasing day by day with the penetration of companies, by introducing new and economical models, variety of colors, exports to Afghanistan, etc.

One of the most important plastics processing operations, in terms of variety of products made and amount of material handled, is injection molding.  This production method now is being used to manufacture items from practically every known plastic.

Injection molding is somewhat unusual among production methods in that essentially the entire process in carried out  on the injection molding machines were similar in general design  to metal die casting machines, but the processing characteristics of plastic  have led to change in design & evolution that are  still going  on.  The product injection molded plastic furnitures  are the  products produced by these injection molding  machines  with varied  shape  &  size  along  with  different  colour  &  shades according  to  the choice of customers & even  according  to  the pattern as per the modern society such as office culture, drawing rooms of houses, which give style & likingness of consumers.

At present, these injection molded plastic furnitures frequently used at every mode of the social occasions & places.

COST ESTIMATION

Land & Building (Area 14000 sq.mt.)        Rs. 2.50 Cr
Plant & Machinery                                       Rs. 1.34 Cr         
W.C. for 1 Month                                         Rs. 51. 54 Lacs           
Total Capital Investment                             Rs.4.60 Cr.              
Rate of Return                                             24%   
Break Even Point                                        63%

CONTENTS

INTRODUCTION

PROPERTIES

OTHER MATERIALS USED IN THE PRODUCTION OF PLASTIC FURNITURE

USES & APPLICATIONS

MARKET POSITION

PRESENT MANUFACTURERS/EXPORTERS OF PLASTIC MOULDED FURNITURES

B.I.S. SPECIFICATION

PLASTIC CHAIR PRODUCTION LINE

INJECTION MOLDING

MATERIAL SELECTION

ABS

PROPERTIES OF UNFILLED & GLASS FILLED POLYSTYRENE & S A M

RAW MATERIAL

MANUFACTURING PROCESS

INJECTION MOULDING DATA

PROCESS FLOW SHEET DIAGRAM

DIVERSIFICATIONS

INJECTION MOULDING PROCESS

PLANT LAYOUT

ADDRESSES OF SUPPLIERS OF RAW MATERIALS

SUPPLIERS OF PLANT & 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)