CHEMICAL PRODUCTION BUSINESS PLAN IN NIGERIA
Chemical Production Business Plan in Nigeria
This sample Chemical Production Business Plan in Nigeria can be used for Grant Applications, Bank Loans, Proposal writing, Business Concept Note, Competitions etc. Chemical Production Business Plan is a lucrative business that needs a lot of strategic Planning to start and a business coach like Dayo Adetiloye to help you start the Implementation.
Business Description of Chemical Production Business Plan in Nigeria
Business: CHEMICAL PRODUCTION
Industry: Manufacturing (Chemical Production Business plan in Nigeria)
PATILAD CHEMICALS we are into Chemical Productions of various types. Products such as pesticides, fertilizers, pharmaceuticals, synthetic dyes, fibers, cosmetics, synthetic sweeteners, flavors, plastics, chemicals, celluloid, lubricants, and artificial rubber and so on are produced in our company. These chemicals are categorized into basic chemicals, specialty chemicals, agriculture chemicals, food preservation chemicals, and pharmaceutical chemicals. We at PATILAD CHEMICALS have gotten all the handling permits and other relevant permits needed to be legally allowed to go into the production of chemicals and chemical related products. The chemical industry or chemical production is responsible for the expansion and tremendous growth that is being experienced in the agriculture industry, the health industry, the food processing industry and other similar industries that relies on chemicals. In other words, there is a wide range of chemical products that we use in our homes, offices, schools and in factories. There are chemicals that are used for food preservation, chemicals used for cleaning and fighting bacteria, virus, fungi, chemicals used for supporting the growths of plants, chemicals used for the production of biological weapons and so on. No doubt the chemical industry is a key player in the growth of the economies of most countries of the world. The Nigeria chemical industry is a vibrant one and is expected to grow rapidly, with the federal government focus moving away from the dominant oil industry, there is an estimated $120 million (some N18 billion) annual market demand for agro-chemicals alone.
At PATILAD CHEMICALS we plan to fit in accordingly into this very competitive industry. We have been able to secure a well-positioned facility at Bodija, Ibadan, Oyo State. We are established with the aim of maximizing profit and mass production of chemicals. We want to compete favorably with the foremost chemical production in Nigeria which is why we have put in place a competent quality assurance team that will ensure that any products and services rendered meet and even surpass our customers’ expectations. We will work hard to ensure that PATILAD CHEMICALS products are not just accepted nationally in Nigeria, but also in other parts of the world. We have also put in place suitable waste disposal measures, so as to reduce and not add to the environmental pollutions.
It is evident that the chemical industry occupies a central position in relation to the other industrial sectors underscored by the fact that it is the producer of the primary raw materials which are feedstock for the manufacture of a wide range of products.
At PATILAD CHEMICALS, we deal with mass production of chemicals, this chemicals can categorized to the following categories
Basic Chemicals: These include organic and inorganic chemicals, plastic resins, dyes and pigments. Plastic resins, in particular, which have experienced significant growth as a replacement for traditional materials in the automotive, construction, and packaging end-use markets.
Specialty Chemicals: These include adhesives and sealants, water treatment chemicals, plastic additives, catalysts and coatings. These chemicals are performance-oriented and typically include customer/technical servicing as an aspect of their sales.
Agricultural Chemicals or Agro-chemicals: These play a crucial role in the farm economy and the food processing sector. Thanks to modern agriculture, farmers have doubled the production of food supplies in Nigeria and if proper chemicals are given to them, they will also tripled the output of foods like cooking oils and meats, and increased per capita food supplies in the country.
Pharmaceuticals: These include diagnostics, prescription drugs, vaccines, vitamins, and over-the-counter drugs for human and veterinary applications. This category also includes biotechnology products.
Consumer Chemicals: These include soaps, detergents, and cleaning agents, as well as toiletries and cosmetics.
Chemicals are a part of our everyday life as they are used in virtually every industry one can think of, from food and beverage, oil and gas to health industries. Due to its importance, there is need to be concerned about the source and quality of these chemicals.
PATILAD CHEMICALS is aware of the importance of building a solid business structure that can support the picture of the kind of world class business we want to own. This is why we are committed to only hire the best hands within our area of operations.
The benefits of our products and services are
- The provision of high quality chemicals other related products.
- Safe storage and packaging of chemicals.
- Excellent customer care services.
- Fair and lowest possible prices.
Products and services for Chemical Production Business plan in Nigeria
PATILAD CHEMICALS was established with the aim of maximizing profit in the manufacturing industry. We produce and manufacture high standard chemicals in their various right proportions. We want to compete favorably in the manufacturing industry in Nigeria which is why we have but in place a competent quality assurance team that will ensure that any product and service rendered meet and even surpass our customers’ expectations. Our products and services are as below;
The products of the chemical industry can be divided into three categories:
- BASIC CHEMICALS
- SPECIALITY CHEMICALS
- CONSUMER CHEMICALS
- AGRICULTURAL OR AGRO- CHEMICALS
Keys to Success for Chemical Production Business plan in Nigeria
The keys to success for the Chemical Production business include:
- Good production location and safe dispose of waste product.
- The availability and safe facility of skilled labour.
- Plentiful water supply.
- Access to raw materials.
- Competitive pricing and closeness to the customer for the products.
- Good communications (road, rail and port facilities).
Objective for Chemical Production Business Plan in Nigeria
- The utilization of contemporary creative designs in at least 40 different galleries.
- To increase the number of designs offered by 8% per year.
- To satisfy our market segment that demands higher quality products and to maintain a steady growth in sales volume that will sustain the company for future years.
- To develop a profitable/sustainable home-based company.
Goal for the Chemical Production Business Plan in Nigeria
To be among the first 10 Chemical production industry in Nigeria by 2025.
Vision for the Chemical Production Business Plan in Nigeria
Our vision is to establish a standard and world class chemical industry whose services and brand will not only be accepted in Nigeria, but also in other parts of the world.
Mission for the Chemical Production Business Plan in Nigeria
With increasing competition worldwide, our mission is to provide innovation in finding new ways for the industry to satisfy its increasingly sophisticated, demanding and environmentally-conscious consumers, not only in Nigeria but also in the world.
Management Team of the Chemical Production Business Plan in Nigeria
AKINOLU ADESOLA– (B.Sc., M.Sc. Industrial Chemistry) He has over 5 years’ experience in different types chemical production. He is in-charge of day to day activities of the business.
Gloria Iyobosa – (B.Sc. Chemical engineering) she has over 5 years’ experience in chemical production. She also has experience in the handling and operation of our equipment’s.
Mr Dayo Adetiloye – (B. Agric., MBA, and PMP): He has over 15 years’ experience in business management, business start-up dynamics, financial management of business and overall business growth and development. He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan African University (PAU). He is our business development strategist and a strategic partner.
We brought to the business:
- Educational skill and practical experience in Chemical Production business.
- Capacity to consistently provide outstanding service.
- Quality processed product and good understanding of the market trend.
- Our staff brings operational, marketing and promotional skills to the business.
Management experience gained for the Chemical Production Business Plan in Nigeria
With over 7 years’ experience in Manufacturing and Retailing Industry and numerous exposure to both the scientific and practical aspect of services, I’ve being able to master the technical requirements, financial management, staff recruitment and organization skills among other things necessary to give the industry good commendation from our clients.
My managerial skill has also helped in putting together a workforce for over 5 years, which will also help me to coordinate the team work in most aspect of the company.
I am the CEO of the company overseeing the day to day activities of the business.
Materials and Machine for Chemical Production Business Plan in Nigeria
Chemical plant, Evaporator, Generator, separator, refrigerator, Heat exchanger, Centrifugal machine, mixing tank, chemical storage tank, bubble cap tray column, hot hair generator and also raw materials.
Competitor Analysis for Chemical Production Business Plan in Nigeria
People buy from us because of the following reasons:
- The provision of high quality chemicals and other related products.
- Availability of chemicals.
- Effective customer care service.
- Fair and best possible prices and discount offers.
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