MINERAL TURPENTINE OIL (MTO) 10 KL

FROM PETROLEUM (SUPERIOR KEROSENE OIL OR OTHER MATERIAL)

[EIRI/EDPR/4018] J.C.: 2148XL

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.

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 COST ESTIMATION

Plant Capacity 24,000 Ltr./Day

Land & Building (3000 sq.mt.) Rs. 3.72 Cr
Plant & Machinery Rs. 80 Lac
Working Capital for 1 Month Rs. 3.57 Cr
Total Capital Investment Rs. 8.23 Cr
Rate of Return 34%
Break Even Point 46%

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 CONTENTS
INTRODUCTION
USES AND APPLICATION
GRADES OF MTO
MTO (LAW) SPECIFICATION
B.I.S. SPECIFICATION
REQUIREMENT AND TEST METHOD FOR PETROLEUM HYDROCARBON
SOLVENT
SCOPE
GRADES
REQUIREMENTS
PACKING AND MARKING
MARKING
EACH CONTAINER SHALL BE MARKED WITH THE FOLLOWING INFORMATION
SAMPLING
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 POSITION
TRENDS IN THE INDUSTRY
OVERVIEW OF PAINT INDUSTRY
INDIAN PAINT INDUSTRY HAS GROWN AT 10.4% CAGR OVER 12 YEARS
CONTRIBUTION OF DECORATIVE PAINTS IN THE OVERALL INDIAN PAINT
INDUSTRY HAS EVIDENTLY INCREASED OVER THE YEARS
PAINTS INDUSTRY IN INDIA
A. DECORATIVE PAINT INDUSTRY IN INDIA
DOMESTIC DECORATIVE SEGMENT GROWS AT 11.4% CAGR OVER
THE LAST 12 YEARS
B. INDUSTRIAL PAINT INDUSTRY IN INDIA
DOMESTIC INDUSTRIAL PAINT SEGMENT GROWS AT 7.9% CAGR OVER
THE LAST 12 YEARS

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RISE IN PER CAPITAL CONSUMPTION OF PAINTS
INDIA’S PER CAPITA CONSUMPTION OF PAINTS FAR LESS VIS A VIS
GLOBAL AVERAGE
GROWING PER CAPITA CONSUMPTION IN INDIA
MANUFACTURERS/SUPPLIERS OF M.T.O
FORMULATIONS
FORMULATION NO.1
FORMULATION NO.2
FORMULATION NO.3
FORMULATION NO.4
FORMULATION NO.5
FORMULATION NO.6
FORMULATION NO.7
MANUFACTURING PROCESS OF MTO USING SKO
PROCESS FLOW DIAGRAM
MANUFACTURING PROCESS OF MINERAL TURPENTINE OIL
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:
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:
8. LAND AREA/MAN POWER RATIO:

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PROJECT IMPLEMENTATION SCHEDULES
INTRODUCTION
PROJECT HANDLING
PROJECT SCHEDULING
PROJECT CONSTRUCTION SCHEDULE
TIME SCHEDULE
SUPPLIERS OF RAW MATERIALS
SUPPLIERS OF SUPERIOR KEROSENE OIL
SUPPLIERS OF GUM TURPENTINE
SUPPLIERS OF COBALT NAPHTHENATE
SUPPLIERS OF PACKAGING DRUM
SUPPLIERS OF LAB TESTING CHEMICALS
SUPPLIERS OF PLANT & MACHINERY
SUPPLIERS OF MIXER
SUPPLIERS OF FILTER PRESS
SUPPLIERS OF LABORATORY EQUIPMENT AND LAB TESTING EQUIPMENT
SUPPLIERS OF FIRE FIGHTING EQUIPMENTS
SUPPLIERS OF STORAGE TANKS
SUPPLIERS OF 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)

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