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Castor Oil (extraction And Refining) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is one of the best producers of castor seed. Castor seed oil content, it may vary from 35-40%. Production of castor oil by extraction process is economic one. There is very good market demand of castor oil in the indigenous market. There is also very good export market of the product. India is the fourth largest edible oil economy in the world valued at USD 16.5 bn (Rs 660 bn). India has a share of nearly 6% of global vegetable oil production, nearly 11% of global vegetable oil imports and 9% of global edible oil consumption. And yet over 40% of the edible oil availability in the market is sourced from imports. The edible oil imports in the country are likely to surge from the existing 6 mn tonne to 8.3 mn tonne in 2015. This corresponds to the existing demand for edible oils of around 12 mn tonne expected to increase by 77% to 21.3 mn tonne by 2015. It is claimed that a marginal 23% increase by 2015 in acreage under oilseeds could contribute substantially to the total output, thereby reducing the dependence on imports. The introduction of innovative and modern technology could help increase the yield of oilseeds in the country to 1.4 tonne by 2015 from the current level of 0.9 tonne a hectare currently. There are more than 100 derivatives produced from castor oil in the Germany. As a whole castor oil project is one of the good project in India which has good prospect. Few Major Players are named as under: Amrit Agro Inds. Ltd. Balaji Agro Inds. Ltd. Bhagat International Pvt. Ltd. Biotor Industries Ltd. Dolat Investments Ltd. Growmore Solvent Ltd. [Merged] Gufic Biosciences Ltd. Gujarat Ambuja Proteins Ltd. [Merged] Gujarat Speciality Lubes Ltd. Ihsedu Agrochem Pvt. Ltd. Ihsedu Itoh Green Chemicals Mktg. Pvt. Ltd. India Castor Ltd. Jamnadas Madhavji Intl. Ltd. Jayant Agro-Organics Ltd. Kalyani Refineries Ltd. N K Industries Ltd. Nu Tech Organic Chemicals Ltd. State Trading Corpn. Of India Ltd. Sunrise Oleochemicals Ltd. Trisuns Chemical Industry Ltd.
Plant capacity: 6000 MT/annumPlant & machinery: Rs. 335 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 631 Lakhs
Return: 28.00%Break even: 55.00%
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