Waste (Trash) Bag Production In Nigeria; (From 50% Virgin Material And 50% Secondary Recycled Material); The Feasibility Report

There is rapid increase in the population of Nigeria. From the data available to us the present figure is estimated at over one hundred and eighty (180,000,000) million as the end of 2015 and increase from about one hundred and forty (140,000,000) million people as at 2006 census.

As the human population continues to increase, the quantity of solid wastes generation also increases. With rapid increase in population within urban cities there is need for efficient and modern technology for the management of wastes.

Presently, the rate of waste generation in Lagos (with estimated population over ten (10,000,000) million in 2012) is nine thousand (9, 000) tonnes/day (source- Lagos State Waste Management Authority – LAWMA) while in Kano State, the rate is three thousand, eight hundred and forty nine (3, 849) tonnes/day (source- Bayero University Kano Consultancy Unit).

Generally, the average rate of generation is estimated as 0.5kg/capital/day. Biodegradable waste account for over fifty percent (50%) of waste generated with other component estimated at different composition in different States.

Proper management of solid waste is critical to the health and well-being of urban residents. In Lagos metropolis, like most cities in the developing world, several tons of municipal solid waste is left uncollected on the streets each day, clogging drains, creating feeding ground for pests that spread disease and creating a myriad of related health and infrastructural problems.

Waste bag is needed to properly handle these wastes. Waste bag can be produced from High-density polyethylene (HDPE) material. High-density polyethylene (HDPE) or polyethylene high-density (PEHD) is a polyethylene thermoplastic made from petroleum.

Known for its large strength to density ratio, High-density polyethylene (HDPE) is commonly used in the production of plastic bottles, corrosion-resistant piping, geomembranes, and plastic lumber.

This feasibility report seeks to examine the financial viability or otherwise of establishing waste bag production plant in Nigeria using (HDPE) as raw material.

The proposed plant comprise of one set film blowing machine of thirty-five (35) kilogramme per hour capacity and two sets of ribbon-through continuous-rolled bag making machine producing one hundred and fifty (150) pcs / min. The plant would operate at ninety percent (90%) of the installed capacity working double shifts of eight (8) hours each in three hundred (300) day per annum.

Table of Contents

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

Get this Report

Direct bank transfer

To order the report, Please do pay the sum of ₦50,000 into