PVC Ceiling Panel Production in Nigeria; The Feasibility Report.

Polyvinyl-Chloride (PVC) is a plastic product which has matchless versatility. It effectively replaces wood, paper and metal in several applications. As such plastic pipes have been progressively replacing conventional pipes like G.I., Cast Iron, Asbestos Cement or Stone-ware for a number of important and uses.

Polyvinyl-Chloride (PVC) can be made into ceiling panels. PVC waterproof ceiling panels are an ideal ceiling cladding solution when renovating or finishing ceilings. They can be used to cover wooden or artexed ceilings in living-room, bathroom or kitchen. The cladding panels are slotted together with a tongue and groove system, the tongue on one panel slides into the groove of the next panel and so on, covering the ceiling quickly and easily.

PVC ceiling panels are light in weight, easy to install, cost -effective and low on maintenance cost. PVC ceilings is continuously replacing conventional ceilings.

PVC ceiling panels are extensively used in the real estate / construction industry in Nigeria. The demand for PVC ceiling panels in Nigeria has been identified to continue to expand as the standard of living of the over 165 million population growing at the rate of 5.7% per annum continues to grow.
From the above figures, it is clear that there is a large and sustainable market for PVC ceiling panels in Nigeria.

The proposed plant would produce 360 metres of PVC ceilings panels per hour. The Density of PVC ceiling panel to be produced would be is 1.6 g / cm3, Intersectional area of the PVC ceiling panel would be 466.6 mm2 while the weight per meter is 0.75 kg / m. It is however expected that the plant would run at 75% capacity utilization and work double shifts of eight (8) hours each in 300 days per annum.

The basic raw materials required for PVC ceilings production are PVC Resin, Fillers (calcium carbonate), Stabilizers, Stearic acid (Lubricants), Paraffin, CPE and Titanium dioxide (for color) and they can be sourced locally.

PVC ceiling panels are extensively used in the real estate / construction industry in Nigeria. The demand for PVC ceiling panels in Nigeria has been identified to continue to expand as the standard of living of the over 165 million population growing at the rate of 5.7% per annum continues to grow.

From the above figures, it is clear that there is a large and sustainable market for PVC ceiling panels in Nigeria.

This feasibility report seeks to examine the financial viability or otherwise of establishing a PVC ceiling panel production plant in Nigeria.

Table of Contents

EXECUTIVE SUMMARY 1.0 Business Overview 1.1 Description of the Business 1.2 Vision and Mission Statement 1.3 Value Proposition 1.4 Critical Success Factor of the Business 1.5 Current Status of Business 1.6 Description of the Business Industry 1.7 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 6.0 Business Risk and mitigation factor 6.1 Business Risks 6.2 SWOT Analysis

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