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Production Of Edible Ethanol 95.5% Alcohol From Cassava Tubers In Nigeria, The Feasibility Report

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Production Of Edible Ethanol 95.5% Alcohol From Cassava Tubers In Nigeria, The Feasibility Report

200,000.00

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.

Product Description

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) Edible ethanol and (2) Industrial ethanol

The edible types are usually used for alcoholic beverage production while industrial are used in industries like perfumery, cosmetics and blending with refined petroleum products.

The capacity of the proposed plant is 7,500 litres of edible ethanol 95.5 % per day and the plant would operate for 24 hours for 300 day per annum.It is important to state that the lower the operating hours, the higher the operational cost per liter of ethanol. The actual amount of cassava needed is dependent upon the starch content.

The domestic demand for ethanol is estimated at over 200 million litres annually. With a population of over 165 million people and an estimated national population growth rate of 5.7% per annum ,an average economic growth rate of 3.5% per annum in the past five {5} years, Nigeria has a large market for ethanol.

As by-products, the plant would also produce industry ethanol / alcohol,  fusel oil and carbon dioxide {CO2} in a day.

Fusel alcohols, also sometimes called fusel oils, or potato oil in Europe, are a mixture of several alcohols (chiefly amyl alcohol) produced as a by-product of alcoholic fermentation. The word Fusel is German for “bad liquor”. It is bad for drink, but it is good material for aromatic water.

Aromatic waters are clear aqueous solution saturated with volatile Oils (e.g. rose oil, Peppermint oil, orother aromatic or volatile substances e. g camphor. Their odours and taste are of those of the drugs or volatile substances from which they are prepared.

Aromatic waters may be used for perfuming, flavoring or for special purposes.

Carbon dioxide (chemical formula CO2) is a naturally-occurring chemical compound composed of 2 oxygen atoms each covalently double bonded to a single carbon atom. Carbon dioxide is produced during the processes of decay of organic materials and the fermentation of sugars in beer and winemaking.

Carbon dioxide is used by the food industry, the oil industry, and the chemical industry. Carbon dioxide is a food additive used as a propellant and acidity regulator in the food industry. Carbon dioxide is used to produce carbonated soft drinks and soda water.

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 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

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
5.8 Viability Analysis

6.0 Business Risk and mitigation factor

6.1 Business Risks
6.2 SWOT Analysis

Report Details

Report Type: Feasibility Report
Formats of Delivery: EXCEL / MS WORD
No. of Pages: 30 Pages and 6 pages of Excel
Report Code: FORA/2016/PRODUCTIONOFEDIBLEETHANOL/3215543321
Publisher: Foraminifera Market Research
Release Date: 25/06/2016; We update our reports quarterly.
Language: English
Delivery time: 24– 48hours

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