Looking for a resource or guide on “How to Start a Nylon Production Business In Nigeria”?
This article comes with a free business plan outline for a Nylon Production business in Nigeria.
The demand for nylon is very extensive and occurs on a daily basis worldwide. Day in day out, the need for nylons has not depleted, not even by a fraction, the need has risen, to the extent of branding it by different entrepreneurs who use it for packaging the goods. It is also needed for a wide range of domestic purposes such as shopping, bagging, and covering and despite it being reusable.
Manufacturing businesses need nylon in large quantities for wrapping and packaging their products. All forms of nylons have their uses and find their way into the everyday life of everyone, from the less dense forms of nylons used in packaging the local Agege bread to the thicker ones used in the packaging of biscuits and everything in between, foraying into this venture is really not a bad idea, you can make huge proﬁts from nylon production. To successfully start a nylon production company, you need the following:
- Knowledge about the business
- Knowledge of how the nylon is being manufactured
- A business plan
- A location for carrying out production processes and at the same time close to your target customers
- The equipment for production
- Staff and labor (unless you want to run a one-man business)
Challenges of starting a nylon production company
The challenges of running this business in Nigeria are narrowed to;
Poor power supply; The power supply is bad, and this is a challenge for most manufacturers that operate on a not so large scale. This increases the cost of running this business as you would have to rely on generator sets for power supply which will in turn cost you money for fueling them.
Acquiring machinery; Sourcing for the machinery is also a hurdle, especially if the need for expansion sets in, locally fabricated machinery will no longer cut it on a large scale.
What are the raw materials for Nylon Production and where are they obtained from?
Petrochemical by-products are the main raw materials used to produce nylon, the main ones being polythene and polyethylene, other raw materials may be added depending on the form of nylon to be produced, these raw materials are abundant in countries that have and refine petroleum.
Which machinery is required for nylon production?
This depends on the scale of the business, a small scale nylon production business will need the semi-automatic nylon-cutting machine with punching blades, usually powered by a 220-volt electric motor, and a designer component if there is a need for certain designs, but this is not integral in the production process.
A large scale will require a fully-automated machine, which is much more eﬃcient because cutting and sealing take place in quick succession thus saving time
How are nylon bags made?
Polythene bags are made by heating and cutting rolls of ﬁlm. Rolls of sheeting or tubing are fed through a machine. The machine then draws out the rolls into segments of speciﬁed length, cycles to place a seal on each segment, and cuts off each segment to make an individual bag. The rate of production of nylon bags depends on the size and thickness of each bag produced.
The chances of succeeding in this business are very high as the market is far from congested, there is a ready market for the products everywhere at any time.
How To Download The Complete Nylon Making Business Plan Sample PDF and Doc (with financial analysis)
Above is a part of the Nylon Production business plan template in Nigeria. If you need the complete business plan, follow the procedures to download it.
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