MINERAL TURPENTINE OIL (M.T.O) FROM PETROLEUM (SUPERIOR KEROSENE OIL OR OTHER MATERIAL)
[EIRI/EDPR/1608] J.C. 409
INTRODUCTION
Mineral turpentine, also known as turpentine substitute, turps substitute, or just turps is an inexpensive petroleum-based replacement for the vegetable-based turpentine. It is commonly used as a paint thinner for thinning oil-based paint and cleaning brushes, and as an organic solvent in other applications.
Mineral Turpentine Oil is versatile items derived from petroleum product and is used as a solvent in paints coating and in screen printing and as solvent or diluent,
The demand of paints coating etc. is increasing rapidly due to industrial development. Among the ingredient used for its manufacture is superior kerosene oil (S.K.O.) which is not drying type. However M.T.O. which is produces using S.K.O. as raw material is of easily drying type therefore used in screen printing under sunlight.
However the demand of Mineral Turpentine Oil is increasing day by day and hence there is a good scope for new entrant.
COST ESTIMATION
Plant Capacity 2 MT/Day
Land & Building (700 sq.mt.) Rs. 96.00 Lac
Plant & Machinery Rs. 11.65 Lac
Working Capital for 2 Months Rs. 50.51 Lac
Total Capital Investment Rs. 1.62 Cr
Rate of Return 18%
Break Even Point 61%
CONTENTS
INTRODUCTION
USES AND APPLICATION
B.I.S. SPECIFICATION
GRADES OF MINERAL TURPENTINE OIL
SPECIFICATION OF SUPERIOR KEROSENE OIL
PROPERTIES & CHARACTERSTICES TURPENTINE OIL
TURPENTINE OIL
HAZARD FLAMMABLE, MODERATE FIRE RISK:-
PROPERTIES & CHARACTERSTICES OF RAW MATERIALS USED
GUM TURPENTINE
COBALT NAPHTHENATE
TOLUENE
GRADE:-
HAZARD:-
KEROSENE OIL
HAZARD
HEXANE
MARKET SURVEY
TRENDS IN THE INDUSTRY
PERFORMANCE OF PETROLEUM & NATURAL GAS SECTOR DURING 2012-13
CRUDE OIL AND NATURAL GAS PRODUCTION
FIGURE-1: CRUDE OIL AND NATURAL GAS PRODUCTION
REFINING CAPACITY & PRODUCTION
FIGURE-2: REFINING CAPACITY & PRODUCTION
PRODUCTION AND CONSUMPTION OF PETROLEUM PRODUCTS
FIGURE-3: PRODUCTION AND CONSUMPTION (INDIGENOUS SALES) OF PETROLEUM PRODUCTS
IMPORTS AND PRICES OF CRUDE OIL:
FIGURE-4: IMPORTS OF CRUDE OIL AND AVERAGE CRUDE OIL PRICES
IMPORTS & EXPORTS OF PETROLEUM PRODUCTS:
FIGURE-5: IMPORTS & EXPORTS OF PETROLEUM PRODUCTS
FIGURE-6: INDIA'S POL IMPORTS AS A PROPORTION TO OVERALL IMPORT
PETROLEUM SUBSIDY ON SKO (PDS) AND LPG (DOMESTIC)
FIGURE-7: SUBSIDIES ON SKO (PDS)
PRODUCTION OF PAINT & VARNISH
MANUFACTURERS/SUPPLIERS OF M.T.O
FORMULATIONS
MINERAL TURPENTINE OIL (M.T.O) (FORMULA COMPOSITION FOR MAKING M.T.O) M.T.O. FROM SUPERIOR KEROSENE OIL (S.K.O)
FORMULATION NO. 1
FORMULATION NO. 2
FORMULATION NO. 3
FORMULATION NO. 4
FORMULATION NO. 5
FORMULATION NO. 6
FORMULATION NO. 7
MANUFACTURING PROCESS
RAW MATERIALS CALCULATIONS
AS PER FORMULATION NO. 1
PROCESS FLOW DIAGRAM
PLANT LAYOUT
PRINCIPLES OF PLANT LAYOUT
MAJOR PROVISIONS IN ROAD PLANNING FOR MULTIPURPOSE SERVICE ARE:
PLANT LOCATION FACTORS
PRIMARY FACTORS
1. RAW-MATERIAL SUPPLY:
2. MARKETS:
3. POWER AND FUEL SUPPLY:
4. WATER SUPPLY:
5. CLIMATE:
SPECIFIC FACTORS
6. TRANSPORTATION:
7. WASTE DISPOSAL:
8. LABOR:
9. REGULATORY LAWS:
10. TAXES:
11. SITE CHARACTERISTICS:
12. COMMUNITY FACTORS:
13. VULNERABILITY TO WARTIME ATTACK:
14. FLOOD AND FIRE CONTROL:
EXPLANATION OF TERMS USED IN THE PROJECT REPORT
1. DEPRECIATION:
2. FIXED ASSETS:
3. WORKING CAPITAL:
4. BREAK-EVEN POINT:
5. OTHER FIXED EXPENSES:
6. MARGIN MONEY:
7. TERM LOANS:
8. TOTAL LOAD:
9. LAND AREA/MAN POWER RATIO:
SUPPLIERS OF RAW MATERIALS
SUPERIOR KEROSENE OIL
GUM TURPENTINE
COBALT NAPHTHENATE
PACKAGING DRUM
LAB TESTING CHEMICALS
SUPPLIERS OF PLANT & MACHINERY
MIXER
FILTER PRESS
LABORATORY EQUIPMENT AND LAB TESTING EQUIPMENT
FIRE FIGHTING EQUIPMENTS
STORAGE TANKS
PACKAGING 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)
