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Wood/paper adhering frequently alleged cement is able of captivation abstracts together. It is about acclimated by the carpenter for appliance authoritative and in about all their carpentry works. It is additionally broadly acclimated by book publishers to bind books during book publication.

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The use of cement cannot be overemphasised as it is about acclimated for abundant purposes. It is readily accessible either as ready-for-use as liquids or as dry powders or gums.

Production of cement from cassava-based involves a actinic acknowledgment during which adapted quantities of abrasive soda, hydrochloric acid, calcium chloride and amoebic acerbic is added to the cassava starch for able dissolution and the band-aid is after cooled. Band-aid of bactericide such as formaldehyde is added to the admixture to access constant product.

Cassava has the adapted backdrop that are actual important cement and adhering making, such as viscosity, consistency, accumulator life, solid contents, PH, tack and penetration.

Availability of raw material 

Cassava starch is the above raw material, and it is readily accessible in ample quantities in all the southern states of the country.

Market potentials 

Demand for cement in Nigeria for assorted uses including copse work, cardboard and packaging is absolutely enormous. Altered types of adhesives can be formulated to accommodated the claim of altered end users. This makes the business actual versatile. It therefore, implies that a ambassador can adjudge to specialise in bearing a accurate blazon of adhering or may aftermath altered types based on appeal to accommodated the needs of altered end users.

Large allotment of the nation’s adhering allegation is met through access admitting calm assembly accounted for alone few allotment of the absolute supply. It is estimated that the nation’s appeal for assorted forms of adhesives is in balance of 450, 000 metric bags per annum.

The boilerplate retail amount of adhering depends on the blazon of adhering and the quality. However, the retail amount of 5kg copse appearance ranges amid N2,500 and N5000 depending on the brand.

Required raw materials 

The raw abstracts for assembly of cassava starch adhering are: Cassava starch/cassava flour, abrasive soda, formaldehyde, hydrochloric acerbic and sodium silicate. These are readily accessible in assorted automated raw abstracts markets all over the country. Also, the nation is currently auspicious automated utilisation of cassava and cassava products. Nigeria actuality the better ambassador of cassava in the world, sourcing the above raw actual i.e. cassava starch or cassava abrade for this activity will not be a difficult thing.

Machinery/equipment 

The above accouterment and accessories for assembly of cassava starch adhering are the adhering reactor and the bushing machine.

Production process 

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Production of cement involves the afterward simple processing steps:

Weighing 

The raw abstracts are advised accurately according to the formulation

Gelatinisation

The abject actual i.e. the starch is gelatinized in the reactor application abrasive soda.

Acidification 

The gelatinised starch is acidified to adapt its PH.

Mixing 

Preservatives and extenders are added and the admixture alloyed thoroughly to access constant product.

Packaging 

The artefact is packaged in artificial containers accessible for sale.

Labour requirement 

Both accomplished and unskilled cadre are appropriate for the acknowledged operation of this venture. These abide of the production, administrative/account and business personnel. Agents matters, finance/account, abundance management, security, purchasing and added authoritative functions are handled by the administration/account division, while the assembly analysis takes allegation of production.

Marketing activities are the responsibilities of all the agents abnormally the business analysis staff. About 20 cadre are appropriate for the activity to booty off.

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Total antecedent basic advance

Initial anchored basic N10,302,190.00 

Initial alive basic N5,455,830.00 

Pre-production costs N901,560.00 

Contingencies N777,979.00 

Total N17,437,559.00 

Note: The antecedent anchored basic includes branch building, accouterment and equipment, generator, activity vehicle, appointment appliance and accessories and bore hole.

Profitability 

Return on Advance (Year 1) 51.1%

Return on Equity (Year 1) 127.7%

Net Profit to Sales 16.5%

Gross Profit to Sales 23.6%

Profitability Index 2.1

Breakeven Point (Year 1) 46.4%

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Payback Period 1.4Years

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