Furfural From Bagasse & Corncobs - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout | |
Furfural is produced from agricultural waste biomass that contain pentosans, which are aldose to sugars, composed of small rings formed from short five member chains, that constitute a class of complex carbohydrates, present in cellulose of many woody plants such as corn cobs, sugar cane bagasse, rice and oat hulls etc. Furfural is a clear, colorless motile liquid with a characteristic ‘almond benzaldehyde’ odor. Any material containing pentosans can be used for the production of furfural. Technically furfural is produced by acid hydrolysis of the pentosan contained in woody biomass. Furfural is the only organic compound derived from biomass that can replace the crude oil based organics used in industry. Furfural is used as a solvent in petrochemical refining to extract dienes from other hydrocarbons. Furfural, as well as its derivative furfuryl alcohol, can be used together with phenol, acetone, or urea to make solid resins. Furfural can be used for the production of lubricants; specialist adhesives and plastics; and nylons. It is the starting material for cycling shorts and many more. The demand for furfural and furfuryl alcohol in the international market will maintain stable growth for the next few years. Due to problems in environmental impact and cost, the output of furfural in advanced countries such as the United States and European countries will decline further owing to the relatively low production cost of furfuryl alcohol in India. Expanded production of downstream products can remarkably increase the added value of India’s furfural and furfuryl alcohol industrial chain. The production of THF (tetrahydrofuran) and PTMEG (polytetramethylene ether glycol) using furfural as raw material is an important way to increase the added value and is worth great attention from furfural producers. Production of furfural and furfuryl alcohol is projected to increase at an average annual rate of 5% provided no shortage of raw material (corncobs) is experienced. China is the only major region where increased furfural production is expected in the next five years. There is a good scope to venture into this field for new entrepreneurs. | |
Plant capacity: 1200 MT/Annum | Plant & machinery: 119 Lakhs |
Working capital: - | T.C.I: Cost of Project : 411 Lakhs |
Return: 41.00% | Break even: 55.00% |
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