Production of Plastic Water Storage Tanks in Nigeria; The Feasibility Report.

Published - 2017/10/16| Analyst - Foraminifera Market Research| Code - FORA/2017/PCTIOUONRD/425

Plastic have played a vital role in the growth phase of the Nigerian economy and continue to do so. From packaging to agriculture, automobiles and electronics plastics have revolutionized all areas because of its functionality, economics, aesthetics and reliability.

Plastic have made all products affordable to the Nigerian consumer and have helped in raising the lifestyle of the common man. Consequently, a lot more products manufactured in Nigeria today either contain plastics or are contained in plastics.

Plastic tanks and water tanks store substances utilized in industrial processes, such as water, sewage, petroleum and chemicals. They are utilized in numerous industries such as the agricultural, oil/gas, water, waste treatment, medical, scientific and pharmaceutical industries. The structure of the plastic tank varies.

Common tank shapes include cylindrical, square, rectangular, hexagonal and octagonal. The heads and bottoms of plastic tanks also differ, according to their function. Tanks can vary shape and size, even within the same type of application; for example, water tanks can be cylindrical, square, or funnel-shaped, and can hold anywhere from a couple gallons of water to tens of thousands.

The rotational moulding process is the most versatile area of the plastic processing industries. Rotational moulding can be used for making stress free mouldings consisting of several layers of even different material. The rotational moulding process is adaptable to a wide range of plastic raw materials. Raw materials used for rotomoulded process are syntheric polymers in powder from or synthetic resin paste. With rotomoulding, parts can be moulded economically in a variety of shapes and sizes, many of them being impossible to produce by any other process.

Common rotationally moulded products include shipping drums, storage tanks, material handling pins, fuel tanks etc.

Plastic tanks have several advantages over the traditional steel tanks. Their seamless construction provides them with greater impact strength and superior resistance to rust, corrosion and fuel additives. These virtually indestructible tanks have a longer lifespan than steel tanks, which can fracture and leak. Plastic tanks can easily be moulded to fit tank compartments, unlike metal tanks, and are simple to install. These characteristics provide savings in size, weight and cost. Plastic tanks also cost less overall than steel tanks.

This report is to examine the financial viability or otherwise of establishing a plastic storage tanks production plant in Lagos using LLDPE Powder (Rotomoulding Grade) as the raw material.

Machinery and equipment needed includes rotational moulding Machines, stainless steel moulds with auxiliary machines, transformer, project vehicles, forklift, wood pallets, AGO / PMS storage tank, generator and weighing scale.

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 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 Analysis 5.7 Cash flow Analysis 5.8 Viability Analysis 6.0 Business Risk and mitigation factor 6.1 Business Risks 6.2 SWOT Analysis

Additional Info

Formats of Delivery Excel,MS Word
No. of Pages Text – 34 Pages /Excel – 6 Pages
Report Code FORA/2017/PCTIOUONRD/425
Publisher Foraminifera Market Research
Price ₦150000
Release Date 2017/10/16 Updated quarterly.
Language English
Delivery time 5 minutes to 24 hours

Get this Report

To order the report, Please do pay the sum of ₦150000 into


Direct bank transfer
Bank Name : United Bank for Africa (UBA)
Account Name : Hausworth Nigeria Limited
Account Number : 1020728734
Bank Name : Fidelity Bank Plc
Account Name : Hausworth Nigeria Limited
Account Number : 6060265156
Bank Name : First Bank Plc
Account Name : Hausworth Nigeria Limited
Account Number :

Make your payment directly into our bank account. Please use your Order ID as the payment reference. Your order will not be shipped until the funds have cleared in our account.

Similar Reports

Terrazo Floor Tiles (Pre-Cast) Production In Nigeria, The Feasibility Report.

Although it has been around for centuries, one truly fashionable and innovative flooring system that has never lost its splendor is terrazzo floor tile. Terrazzo can be found in ancient Greece, as it was used in Italy using lime mortar and broken tiles. Although it reached its peak in Venice and became known as Venetian terrazzo, and has since spread...Read More

Publisher Foraminifera Market Research

Language English

Formats Of Delivery Excel,MS Word

No. Of Pages 40 Pages (Text Part) and 6 Pages (Excel Part)

Release Date 2017/10/14

Report Code FORA/2017/FTOORLRZEA/412

Price ₦50,000

Glazed Ceramic Tiles Production in Nigeria, The Feasibility Report.

The ceramic industry in Nigeria can be classified into the glass sector, Lime /Cement/ Gypsum sector, white wares and porcelain enamels and refractory and structural clay product sector. The first group, glass is, as expected, the largest and the most successful. Nigeria has had glass factories for over 30 years. There are at least eight of them located in six...Read More

Publisher Foraminifera Market Research

Language English

Formats Of Delivery Excel,MS Word

No. Of Pages 100 Pages /Excel – 6 Pages

Release Date 2017/10/14

Report Code FORA/2017/LDGAEECZRA/418

Price ₦450,000

Equipment Rental And Leasing Opportunities In The Construction Industry In Nigeria; The Feasibility Report.

Nigeria has the potential to be one of the biggest construction markets on the planet. While the world is still struggling to emerge from the global economic collapse, Nigeria’s construction industry is growing fast and is likely to grow astronomically over the next decade, according to forecasts made in a June 2010 report by Global Construction Perspectives and Oxford Economics....Read More

Publisher Foraminifera Market Research

Language English

Formats Of Delivery

No. Of Pages Text Part 30 pages, Financial Part 6 Sheets

Release Date 2017/10/14

Report Code FORA/2017/ENEIUMTRPQ/406

Price ₦100,000