Manufacture of Paint, Varnish & Allied Products (2nd Revised Edition)# ( ) ( ) ( ) ( ) ( )
Author NPCS Board ISBN 9789381039175
Code ENI25 Format Hardcover
Price: Rs 1495   1495 US$ 150   150
Pages: 132 Published 2013
Publisher NIIR Project Consultancy Services
Usually Ships within 5 days

***********Limited Edition- available in Photostat Version Only************

Paint is any liquid, liquefiable, or mastic composition that, after application to a substrate in a thin layer, converts to a solid film. It is most commonly used to protect, color, or provide texture to objects. Paint can be made or purchased in many colors—and in many different types, such as watercolor, artificial, etc. Paint is typically stored, sold, and applied as a liquid, but dries into a solid. Varnish is a transparent, hard, protective finish or film primarily used in wood finishing but also for other materials. Varnish is traditionally a combination of a drying oil, a resin, and a thinner or solvent. Varnish finishes are usually glossy but may be designed to produce satin or semi-gloss sheens by the addition of "flatting" agents. Varnish has little or no color, is transparent, and has no added pigment, as opposed to paints or wood stains, which contain pigment and generally range from opaque to translucent. The technology of paints, varnishes and allied products is changing rapidly and becoming more complex each day. The paint industry is an important segment of the chemical industry. Paint technology utilizes the science of chemistry, physics and engineering. The paint industry is broadly classified into decorative and industrial segment. Decorative paints consist 70% of market. Paints, varnishes, and allied product industry is gaining ground at a rapid pace in modern time accompanied with closed advance in surface coating technology. They are formulated for specific purposes like outside house paints and exterior varnishes are intended to give good service when exposed to weathering; interior wall paints are formulated to give excellent coverage. 
The Rs 40,600-crore Indian paint industry is likely to see a 20 per cent compounded annual growth rate until 2016. The industry will reach the level of Rs 62,000 crore in the next two years. The rural market grew 20 per cent. Rural India’s incremental consumption expenditure is growing well. And, the rural sector has a major share of the decorative paints segment. In FY14, per capita consumption of paint increased to a little over four kg, of which the decorative segment contributed 73 per cent at Rs 29,638 crore. The remaining Rs 10,962 crore was contributed by the industrial segment. The unorganized sector has around 35 per cent of the paint market. In the unorganized segment, there are about 2,500 units. The future for industrial paints, varnishes and allied product is bright.
The content of the book includes information about Paint, Varnish & Allied Products. The major contents of this book are project profiles of projects like Paint industry in India, Acrylic emulsion paints, Aluminium Paint, Cement Paint, Industrial paint, N.C. Thinner, Oil Based Paint, Paint Additives, Red Oxide Paint, Stoving Paint, insulating Varnishes etc. 
Project profile contains information like properties, B.I.S specification, market survey, manufacturing process, suppliers of raw material, process flow diagram, plant economics, land and building, plant and machinery, fixed capital, working capital requirement/month, total working capital/month, cost of project, total capital investment, turn over/annum, profit sales ratio, rate of return, breakeven point (B.E.P).
This book is very useful for new entrepreneurs, technical institutions, existing units and technocrats.

a) Types of Paint
b) Manufacture of Paints
c) Paint Properties
i)   Pigment Properties
ii) Dry Film Properties
iii) Mechanism of Film Formation
iv) Types of Coatings


a) Paints & Varnishes
b) Titanium Dioxide


a) General Properties of Acrylic Paints
b) Application and Uses of Acrylic Paints
c) Properties and Testing
d) B.I.S. Specifications
e) Manufacturing Process
f) Basic Raw Materials Required
g) Basic Plant and Machineries Required
h) Most Probable General Formula of Acrylic base Emulsion Paints
i) Process
j) Process Flow Diagram
k) Raw Materials Suppliers
l) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Working Capital Requirement
vi) Raw Materials
vii) Total Working Capital
viii) Cost of Project
ix) Turn Over
x) Profit Sales Ratio
xi) Rate of Return
xii) Break Even Point (B.E.P)


a) Properties
b) B.I.S. Specifications
c) Types Sampling and Test of Aluminium Paints
d) Aluminium Pigments
e) Market Survey
f) Manufacturing Process
g) Varnish Making
h) Formulation for Interior and Exterior Aluminium Paint
i) Raw Materials Supplier Addresses
j) Process Flow Sheet for Aluminium Paint
k) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Raw Materials
vi) Total Working Capital
vii) Cost of Project
viii) Total Capital Investment
ix) Turn Over
x) Profit Sales Ratio
xi) Rate of Return
xii) Break Even Point (B.E.P)


a) Product Description and Use
b) B.I.S. Specifications
i) Specifications for Cement Paints and Packaging
ii) Specifications for Portland cement
iii) Specifications for Cement Testing
iv) Specifications for Hydrated Lime
v) Specifications for Titanium Dioxide
vi) Specification for CaCl2, Calcium Stearate
c) Raw Materials
d) Formulations for Dry Cement Paint
e) Manufacturing Process of Cement Paint
f) Suppliers of Plant and Machineries
g) Process Flow Sheet
h) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Total Working Capital
vi) Cost of Project
vii) Total Capital Investment
viii) Turnover
ix) Profit Sales Ratio
x) Rate of Return
xi) Breakeven Point (B.E.P)


a) Types of Paints
b) Types of Finishes
c) Market Trends
d) New Products & Technology
e) Raw Material
f) Formulation
g) Manufacturing Process
h) Process Flow Diagram
i) Suppliers of Raw Materials
j) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Total Working Capital
vi) Cost of Project
vii) Total Capital Investment
viii) Turn Over
ix) Profit Sales Ratio
x) Rate of Return
xi) Break Even Point (B.E.P)


a) Solvent
b) Types of N C Thinner
c) Properties & Characteristics
d) Applications & Advantages
e) Basic Raw Material
f) Manufacturing Process
g) Process Flow Diagram
h) Suppliers of Raw Material
i) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Raw Materials
vi) Total Working Capital
vii) Cost of Project
viii) Turn Over
ix) Profit Sales Ratio
x) Rate of Return
xi) Break Even Point (B.E.P)


a) Properties
b) Components of Various Types of Surface Coatings
c) B.I.S. Specifications
d) Typical Formulations
e) Market Survey
f) Raw Material
g) Manufacturing Process
h) Process Flow Diagram
i) Suppliers of Raw Material
j) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Total Working Capital
vi) Cost of Project
vii) Total Capital Investment
viii) Turn Over
ix) Profit Sales Ratio
x) Rate of Return
xi) Break Even Point (B.E.P)


a) Properties of Dispersing and Anti-Settling Agent
b) Properties of Thickness
c) B.I.S. Specifications
d) Manufacturing Process of Hydrogenated Castor Oil
e) Basic Raw Material Required
f) Basic Plant and Machineries Required
g) Manufacturing Processing Diagram
h) Manufacturing Process of Butyl Acrylate
i) Basic Raw Materials Required
j) Basic Plant and Machineries Required
k) Manufacturing Process Flow Diagram
l) Manufacturing Process of Aluminium Palmitate
m) Basic Raw Material Required:-1. Aluminium Hydroxide Or Oxide.
n) Basic Plant and Machinery Required
o) Manufacturing Process Flow Diagram
p) Few Name of The Suppliers of Raw Material
q) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Working Capital Requirement
vi) Raw Materials
vii) Total Working Capital
viii) Cost of Project
ix) Total Capital Investment
x) Turn Over
xi) Profit Sales Ratio
xii) Rate of Return
xiii) Break Even Point (B.E.P)


a) Composition of Paints
b) Types of Paints
c) Types of Finishes
d) Composition of Paints
e) Additives used in Paints
f) Composition of Distemper
g) Uses and Categories of Enamel Paint
h) Advantages of Synthetic Enamel Paint
i) Market survey
j) Major Paint Manufacturers
k) Basic Raw Materials
l) Manufacturing Process
m) Process Flow Diagram
n) Suppliers of Raw Materials
o) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Working Capital Requirement
vi) Raw Materials
vii) Total Working Capital
viii) Cost of Project
ix) Total Capital Investment
x) Turn Over
xi) Profit Sales Ratio
xii) Rate of Return
xiii) Break Even Point (B.E.P.)


a) Properties
b) B.I.S. Specification
c) Market Position and Trend
d) Flow Sheet
e) Manufacturing of Red Oxide Paint
f) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Raw Materials
vi) Total Working Capital
vii) Cost of Project
viii) Total Capital Investment
ix) Turn Over
x) Profit Sales Ratio
xi) Rate of Return
xii) Break Even Point (B.E.P)


a) Properties
b) Uses and Application
c) B.I.S. Specification
d) Manufacturing Process
e) Manufacturing Formula
f) Manufacturing Process Flow Diagram
g) Plant Economics
i) Rated Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Ra W Materials
vi) Total Working Capital
vii) Cost of Project
viii) Total capital Investment
ix) Turn Over
x) Profit Sales Ratio
xi) Rate of Return
xii) Break Even Point (B.E.P)


a) Introduction
b) Properties
c) Uses & Applications
d) B.I.S. Specification
e) Process of Manufacture for Air Dry Type Insulating Varnish
f) Basic Raw Materials Required
g) Basic Plant & Machineries Required
h) Most Probable General Formula of Insulating ASPHALT Resin
i) Process
j) Process Flow Diagram of Asphalt Varnishes
k) Suppliers of Raw Materials
l) Plant Economics
i) Plant Capacity
ii) Land & Building
iii) Plant & Machinery
iv) Fixed Capital
v) Working Capital Requirement
vi) Raw Materials
vii) Total Working Capital
viii) Cost of Project
ix) Total Capital Investment
x) Turn Over
xi) Profit Sales Ratio
xii) Rate of Return
xiii) Break Even Point (B.E.P)


Acrylic Emulsion Paints

Paints and coating materials normally consist of a physical mixture of binders, pigments, extenders, additives, and solvents. Depending on the method of application and area of use, the solids content may reach 80 wt%, the proportion of pigment may reach 60% of the solids content. The technologically most important component is the binder (or binder mixture). Binders may be classified as physically or chemically drying according to their film-forming mechanism.

Physically drying paints are solutions of thermoplastic polymers with molecular masses exceeding 20,000 on account of their low solubility they have a high solvent content (> 60%) and low solids content. Chemically drying paints have a fairly low solvent content (30 - 60%) and high solids content because the polymer network is formed by cross-linking of the binder (Mr Ca. 800-10,000) to form thermosetting coatings. Oxidative drying paints contain alkyl groups and reactive double bonds, and cross-link by absorbing oxygen and forming ether bridges.

Normally paints are also classified according to the nature of the principal binder and its associated film properties; e.g., alkyd, acrylic, polyester, nitrocellulose, epoxy, and oil-based paints. The method of application, surface properties, and intended use are also utilized for classification. Since the beginning of the 1980s environmental requirements have become increasingly important for two main reasons, especially in the case of paints with low material transfer (application) efficiencies

    (1)   Avoidance of the use of toxic, carcinogenic, mutagenic, or teratogenic organic solvents.

    (2)   Drastic and in some cases legally imposed reduction of solvent contents.

Legal regulations have resulted in a sharp rise in the solids content and a reduction in the solvent content of the most important paints systems. Among solvent borne paints, high-solids paints have enjoyed the largest growth rate ; in the Federal Republic of Germany production of this type of paint rose by 32% between 1988 and 1989, whereas the production of all solvent borne paints increased by only 3%. A sharp drop in high-solvent paints is to be expected in the United States and Europe. The definitions of "low" and high-solids" paints differ. For example, the verb and der Deutschen Lackindustrie (Association of the German Paint Industry) defines "high-solids" paints as paints with a no aqueous (i.e., organic) solvent content of less than 30 wt%, whereas the Environmental Protection Agency (EPA) in the United States defines "high-solids" paints as having volatile organic contents of < 2.8 pounds/gallon (336 g/L).

Typical examples of low-solids paints (solvent content usually > 60 wt%) are :

    (1)   Metallic (effect) base paints for mass production of automobiles and touch-up finishes

    (2)   Thermoplastic coatings

    (3)   Coatings for the electronics and opt-electronics industries

Of these three groups metallic basecoats are quantitatively the most important. Technical reasons for the high solvent content of these paint systems include the need for thin layer thickness (e.g., when applying paint with a spin coater). Secondly, binders such as polyamides for electrical insulation coatings and thermoplastic acrylic resins have low solubility. Finally, in some cases (e.g., in metallic basecoats) a high solvent content is needed to optimize rheological behaviour. Rheological factors limit the reduction of the solvent content, particularly when coatings vertical surfaces. Significant improvements can often only be achieved by replacing organic solvents with water. For example, the solvent borne metal effect paints used in the automobile industry are increasingly being replaced by waterborne paint systems with a reduction in the solvent content in the paint to ca. 10% based on 25% solids.

General Properties of Acrylic Paints

General Properties: Paints containing acrylic resins as binders have been known since the 1930s. They are now one of the largest product classes in the paint and coatings sector.

Polyacrylates as binders consist of copolymers of acrylate and methacrylate esters. Other unsaturated monomers (e.g., styrene and vinyl toluene) may also be incorporated, but usually to a lesser extent. Copolymers formed exclusively from acrylates and/or methacrylates are termed pure acrylics. The co monomers differ as regards the alcohol residues of the ester group, which also allow incorporation of additional functional groups. Choice of suitable monomers allows wide variation of the physical and chemical properties of the resulting polymer. Hydrophilicity, hydrophobicity, and acid-base properties can be adjusted; resins containing hydroxyl, amine, epoxy, or isocyanate groups can also be produced.

The resin product may be solids, solutions in organic solvents or water, emulsions, or dispersions.

Acrylate resins have several advantages over other paint binders:

    (1)   Polyacrylates are only slightly attacked by chemicals, and confer a high degree of resistance to paints.

    (2)   Polyacrylates are colourless, transparent, and do not yellow, even after prolonged thermal stress.

    (3)   Polyacrylates do not absorb above 300 nm and are therefore not degraded by UV radiation (as long as they do not contain styrene or similar compounds).

    (4)   Polyacrylates do not have unstable double bonds.

    (5)   Polyacrylates have outstanding gloss and gloss retention.

    (6)   Acrylates, and especially methacrylates, are stable to hydrolysis.

The following properties of the coatings can be ascribed to individual monomers. Methyl methacrylate promotes weather resistance, light fastness, hardness, gloss, and gloss retention. Styrene increases hardness and resistance to water, chemicals, and salt spray, but reduces light fastness and gloss retention. Alkylacrylates and alkyl methacrylates impart flexibility and hydrophobicity, while acrylic acid and methacrylic acid improve adhesion to metals.

The increasing importance of environmental considerations places new requirements on paint resins and has broadened the range of paint systems. Paints are now required that have a low solvent content (medium-solids, high-solids coatings) or are solvent-free (powder coatings), that can be adjusted by dilution with water (waterborne paints), and that are thermoplastic or capable of undergoing cross-linking. All of these properties must be obtained via the polymer structure of the binders. Important parameters are described below.

The glass transition temperature (Tg) affects adhesion, flaking and peeling from the substrate, crack formation, and resistance to impact shock. In acrylates adjustment of Tg is achieved relatively easily via the ratio of methyl methacrylate (Tg of the homopolymer + 105º C) to n-butyl acrylate (Tg of the homopolymer-54ºC). The Tg also influences properties of dispersions and the viscosity of solutions. A high Tg value is associated with a faster drying rate. In the low molecular mass range (< ca. 6000), which is of interest particularly for high-solids paints, the Tg depends on the cross-linking density.

The styrene content in the binder reduces resistance to yellowing and weathering, but improves resistance to chemicals, hydrophobic properties, adhesion, and pigment wetting. Styrene is therefore largely avoided in topcoat paints for exterior use and in clear coats.

The development of low-solvent (high-solids) paints requires resins with a very low viscosity. The principal viscosity-determining parameters for such binders are the molecular mass and molecular mass distribution. Oligomers with a molecular mass of ca. 1000-3000 are required for high-solids paints. An acrylate binder with a molecular mass of 1,00,000 can be processed to form a paint with 12.5% solids content at the application viscosity; a molecular mass of ca. 6000 results in a paint with 50% solids content. A narrow molecular mass distribution is beneficial in achieving low viscosity. However, the mechanical properties of paint are favoured by a high molecular mass. Low molecular mass binders that cross link after application are therefore used exclusively for high-solids paints. When it is applied, the paint contains low-viscosity oligomers; a highly polymeric system is formed after cross linking and curing. Further possibilities of reducing the viscosity include specific interactions between the binder molecules and choice of a low-viscosity solvent that does not interact significantly with the resin. The melt viscosity is an especially important criterion in powder coatings; acrylic resins have disadvantages in this respect when compared with polyesters.

Incorporation of functional groups in the polymer skeleton is necessary for the production of dispersions. Most free carboxyl groups. Water thin ability is achieved by neutralizing the acid groups with aqueous alkali or amines. Binders may also contain basic nitrogen-containing groups; dispersion can then occur after neutralization (e.g., with acetic or lactic acid). Since the viscosity of dispersions is very low irrespective of the molecular mass, polymers of very high molecular mass, polymers of very high molecular mass are generally used; dispersions are therefore ideal for physically drying coatings.

Solvent emission from paints can be reduced without lowering the molecular mass by using non aqueous dispersions (NAD). Acrylates have been described as binders for NADs, but apart from a low viscosity they offer few advantages over conventional coatings and moreover must complete with high-solids paints and powder coatings.

Application and Uses of Acrylic Paints

Acrylic paints are used in many different areas and applied by all commonly used methods. Recent developments (low-solvent paints and aqueous dispersions) require special formulation. The largest application sector of acrylate binders are emulsion paints for ceilings, walls, and building fronts. These emulsion paints are generally physically drying and only contain a small amount of binder; the main constituents are pigments and extenders. Acrylate dispersions for paints have a good water vapor permeability and good water resistance.

Acrylic resins have been used in the automotive sector since 1957. They are now important binders in automotive finishes and topcoats, and have replaced alkyd resins in many cases. Advantages for automotive finishes and coatings are high transparency, weather resistance, gloss retention, and yellowing stability. Automotive finishes are always cross-linked; melamine resins are generally used as hardeners, polyisocyanates are being increasingly used for clear coats. Automotive fillers and metallic basecoats may be formulated with acrylate dispersions to reduce solvent emission. Solvent-containing system are, however, still indispensable in the topcoat sector.

Properties and Testing

Anyone wishing to test the quality of paint or coating quickly realizes that only a few properties can be accurately scientifically defined. In many cases there is a good correlation between defined physical properties and the behaviour of interest to the scientist or practitioner. In some cases, however, it is impossible to obtain such a correlation. A large number of laboratory testing methods have therefore been developed for paints and coatings that are intended to simulate in-use conditions. These testing methods are often similar but their results are not fully comparable. Standard manuals provide a good overview of available test methods.

B.I.S. Specifications

for further detail, please contact....

M/S. Bureau of Indian Standards,



NEW DELHI - 110 002.

Tel: (091) (11) 23230131, 23233375, 23239402.

Fax: 011-23234062, 23239399



Note: The use of the Standard Mark is governed by the provisions of the Bureau of Indian Standard Act - 1986 and the Rules and Regulation made there under. The Standard Mark on products covered by an Indian Standard conveys the assurance that they have been produced to comply with the requirements of that standard under a well defined system of inspection, testing and quality control which is devised and supervised by BIS and operated by the producer. Standard marked products are also continuously checked by B.I.S. for conformity to that standard as a further safeguard. Details of conditions under which a license for the use of the Standard Mark may be granted to manufacturers or producers may be obtained from the Bureau of Indian Standards.

Manufacturing Process

Basic Raw Materials Required:

     1.   Pigments

     2.   Acrylic Acid or Ester or Acrylate

     3.   Aluminium Oleate

     4.   Hydrogenated Castor Oil

     5.   Ethylene Glycol

     6.   Propylene Glycol

     7.   Tributyl Phosphate

     8.   Potassium Tripolyphosphate

     9.   Zinc Phosphate

    10.   Water

    11.   Printed Metallic/Plastic Containers

Basic Plant and Machineries Required:-

     1.   Dispenser

     2.   Scales

     3.   Pre mixer, Dissolver

     4.   Movable Container

     5.   Pump

     6.   Ball Mill

     7.   Paste Mixer

     8.   End Product Mixer

     9.   Filter

    10.   Sieve

    11.   Container/Storage Tank

    12.   Automatic Filling Weighing and Packing Machine

    13.   Mixing Machine

Most Probable General Formula of Acrylic base Emulsion paints

Pigment                                                             10%

Acrylic Acid                                                        10%

Aluminium Oleate                                                5%

Hydrogenated Castor Oil                                     5%

Ethylene Glycol                                                  25%

Propylene Glycol                                                25%

Tributyl Phosphate                                              2%

Potassium Tripolyphosphate                               2%

Zinc Oxide                                                          1%

Water                                                                 15%


Take above all the materials from store by weight. Keep all the materials separately with their serial use.

Take pigments by weight and put it in the ball mill to ground it and pass it through the shifting sieve and make powder below 300 meshes. Store it in the storage tank. Now put Acrylic Acid in the premixer. Add ethylene glycol and propylene glycol in the premixer and agitate the premixer at 200 rpm, such that acrylic acid mixes homogeneously in the solvent. Now add aluminium oleate in the premixer and mix it at 200 rpm, such that a homogeneous mixed solution formed. Now add Zinc oxide to the premixer and agitate continuously such that a homogeneous mixed product formed. Now keep on mixing another hour after last product addition.

Take water in the premixer where add potassium tripolyphosphate and agitate the mixer till it form uniform homogeneous mixed product. After that add tributylphosphate to the water and mix it till it forms a homogeneous mixed product. Heat the mixed product to 90°C and add hydrogenated castor oil to it with agitation 200 rpm, till a homogeneous mixed product formed.

Now put both the mixed product (solvent base and water base mixed product) in the dispenser and agitate the dispenser at 400 rpm, such that both the product mixed together and formed homogeneous mixed product. Now add slowly pigments in the mixer with the agitation of 400 rpm, till the complete addition of the pigments. After complete addition of pigment agitate the mixed product another 12 hours such that it will form optimum viscosity. Check the product quality then fill in the printed packing material according to required weight. It may be vary from 1 Kg to 20 Kgs by automatic filling and sealing machine. Store the product for marketing.

Raw Materials Suppliers

M/s. Alka Minerals & Chemicals

25, DSIDC Sheds,

Jhilmil Industrial Area,

G. T. Road, Shahadara,

Delhi-110 095.

Ph.: 011-22271104, 22285830.

Fax: 011-25719220, 25756148.


M/s. Indian Aluminium Co. Ltd.

1, Middleton Street,

Jeevan Deep Building,

1st Floor,

Kolkata-700 071.

West Bengal.

Ph.: 033-22402210, 22809710.

Fax: 033-22473808, 22884808.



M/s. Taurus Chemicals (P) Ltd.

318, Swapnalok Complex,

92/93, S. D. Road,

Secunderabad-500 003.

Andhra Pradesh.

Ph.: 040-27814501, 27814502, 27811022.

Fax: 040-27849170.



M/s. H. K. Finechem Ltd.

201, Aniket, C. G. Road,


Ahmedabad-380 009.


Ph.: 079-26468752, 26402429.

Fax: 079-26460910.

M/s.VVF Ltd.

Opp. Sion Fort Garden,

109, Sion (E),

Mumbai-400 022.

Ph.: 022-24073221, 24073222, 24030802.

Fax: 022-24091554, 24073771.



M/s. Acme Synthetic Chemicals

Next to Ram Mandir,

Ram Mandir Road,

Goregaon (W),

Mumbai-400 104.

Ph.: 022-28724258, 28722581, 28785753.

Fax: 022-287299178.



M/s. Naren Chemicals

Plot No. 562, Phase II,

Opp. Railway Station,

G.I.D.C. Industrial Estate,

Vatva, Ahmedabad-382 445.


Ph.: 079-25893896.

Fax: 079-25893896.


M/s. Rita Corp.

21, Chewool Wadi, 1st Floor,

Dr. M. B. Velkar's Street,

Kalbadevi Road,

Mumbai-400 002.

Ph.: 022-22056895, 28894226.

Ph.: (R) 022-28899598.

Fax: 022-28894226.



M/s. Hydrochem Chemicals P. Ltd.

Hydrochem House, Gautam Nagar,

U. S. Nagar, Kashipur-244 713.


Ph.: 05947-274874, 278496.

Fax: 05947-278496.


M/s. Aamaan Industries

D-4, 549, Marmik Society,

Sector 5, Charkop,

Kandivali (W),

Mumbai-400 067.

Ph.: 022-56004715.

Fax: 022-56004715.



Rated Plant capacity          =      10.00 MT/day

                                         =      3000.00 MT/annum

                                                 ACRYLIC EMULSION PAINTS


No. of working days           =      25 days/month

                                         =      300 days/annum

No. of shifts                      =      3 per day

One shift                            =      8 hours

LAND & BUILDING TOTAL                                                                                Rs.       259 Lakh


     1.   Ball Mill

     2.   Moveable Balance (Electronic

     3.   Automatic Filling Weighing and Packing Machine

     4.   Conveyor Belt with driving motor, pully,

     5.   Close Dispensers

     6.   Jacketed Close Premixer

     7.   Moveable Containers

     8.   Storage Vessels

     9.   Mixing Machine Containing Alfa blade as agitator inside volume of the mixer

    10.   Driving motors and reducing Gear.

    11.   Filtration Unit. Notch type filter Surface area

    12.   Sifter Sieves (Containing 300 mesh Sieve)

           Boiler 2 MT Capacity Steam


           Effluent Treatment Equipments

           Laboratory Equipment

           Maintenance Equipment

           Miscellaneous Machinery                                                     TOTAL         Rs.       150 Lakh


     1.   LAND & BUILDING                                                                                 Rs.       259 Lakh

     2.   PLANT & MACHINERY                                                                           Rs.       150 Lakh

     3.   OTHER FIXED ASSETS                                                                         Rs.       112 Lakh

                                                                                                                        TOTAL   Rs.      521 Lakh



     1.   Pigment

     2.   Acrylic Acid

     3.   Aluminium Oleate

     4.   Hydrogenated Castor Oil

     5.   Ethylene Glycol

     6.   Propylene Glycol

     7.   Tributyl Phosphate

     8.   Potassium Tripolyphosphate

     9.   Zinc Oxide

    10.   Printed Packing Material

    11.   Lab Chemicals

    12.   Miscellaneous Chemicals                                                     TOTAL         Rs.       315.6 Lakh


     1.   RAW MATERIAL                                                                                     Rs.       315.6 Lakh

     2.   SALARY & WAGES                                                                                Rs.          9.69 Lakh

     3.   UTILITIES & OVERHEADS                                                                      Rs.          1.1 Lakh

                                                                                                                        TOTAL   Rs.      326.39 Lakh 


           TOTAL FIXED CAPITAL                                                                          Rs.       326.39 Lakh

           MARGIN MONEY                                                                                   Rs.          2.41 Lakh

                                                                                                                        TOTAL   Rs.      328.8 Lakh


           TOTAL FIXED CAPITAL                                                                          Rs.       326.39 Lakh

           TOTAL WORKING CAPITAL FOR 3 MONTHS                                           Rs.          9.67 Lakh

                                                                                                     TOTAL         Rs.       336.06 Lakh

           TURN OVER/ANNUM                          =            908 Lakh

           PROFIT SALES RATIO                       =            25.06%

           RATE OF RETURN                              =            34.92%

           BREAK EVEN POINT (B.E.P)              =            33.36%






NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report,  Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Section of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

Our Detailed Project report aims at providing all the critical data required by any entrepreneur vying to venture into Project. While expanding a current business or while venturing into new business, entrepreneurs are often faced with the dilemma of zeroing in on a suitable product/line.


And before diversifying/venturing into any product, wish to study the following aspects of the identified product:

• Good Present/Future Demand
• Export-Import Market Potential
• Raw Material & Manpower Availability
• Project Costs and Payback Period

We at NPCS, through our reliable expertise in the project consultancy and market research field, Provides exhaustive information about the project, which satisfies all the above mentioned requirements and has high growth potential in the markets. And through our report we aim to help you make sound and informed business decision.


The report contains all the data which will help an entrepreneur find answers to questions like:

• Why I should invest in this project?
• What will drive the growth of the product?
• What are the costs involved?
• What will be the market potential?

The report first focuses on enhancing the basic knowledge of the entrepreneur about the main product, by elucidating details like product definition, its uses and applications, industry segmentation as well as an overall overview of the industry sector in India. The report then helps an entrepreneur identify the target customer group of its product. It further helps in making sound investment decision by listing and then elaborating on factors that will contribute to the growth of product consumption in India and also talks about the foreign trade of the product along with the list of top importing and top exporting countries. Report includes graphical representation and forecasts of key data discussed in the above mentioned segment. It further explicates the growth potential of the product.

The report includes other market data like key players in the Industry segment along with their contact information and recent developments. It includes crucial information like raw material requirements, list of machinery and manufacturing process for the plant. Core project financials like plant capacity, costs involved in setting up of project, working capital requirements, projected revenue and profit are further listed in the report.

Reasons for buying the report:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, demand of the product and reasons for investing in the product.

• This report provides vital information on the product like its definition, characteristics and segmentation.

• This report helps you market and place the product correctly by identifying the target customer group of the product.

• This report helps you understand the viability of the project by disclosing details like raw materials required, manufacturing process, project costs and snapshot of other project financials.

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decision.


Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players. 

• We use reliable sources of information and databases.  And information from such sources is processed by us and included in the report.


Our Market Survey cum Detailed Techno Economic Feasibility Report Contains following information:



Ø  Introduction

·         Project Introduction

·         Project Objective and Strategy

·         Concise History of the Product

·         Properties

·         BIS (Bureau of Indian Standards) Provision & Specification

·         Uses & Applications


Ø  Market Study and Assessment

·         Current Indian Market Scenario

·         Present Market Demand and Supply

·         Estimated Future Market Demand and Forecast

·         Statistics of Import & Export

·         Names & Addresses of Existing Units (Present Players)

·         Market Opportunity


Ø  Raw Material

·         List of Raw Materials

·         Properties of Raw Materials

·         Prescribed Quality of Raw Materials

·         List of Suppliers and Manufacturers


Ø  Personnel (Manpower) Requirements

·         Requirement of Staff & Labor (Skilled and Unskilled) Managerial, Technical, Office Staff and Marketing Personnel


Ø  Plant and Machinery

·         List of Plant & Machinery

·         Miscellaneous Items

·         Appliances & Equipments

·         Laboratory Equipments & Accessories

·         Electrification

·         Electric Load & Water

·         Maintenance Cost

·         Sources of Plant & Machinery (Suppliers and Manufacturers)


Ø  Manufacturing Process and Formulations

·         Detailed Process of Manufacture with Formulation

·         Packaging Required

·         Process Flow Sheet Diagram


Ø  Infrastructure and Utilities

·         Project Location

·         Requirement of Land Area

·         Rates of the Land

·         Built Up Area

·         Construction Schedule

·         Plant Layout and Requirement of Utilities


Project at a Glance

Along with financial details as under:


  •     Assumptions for Profitability workings

  •    Plant Economics

  •    Production Schedule

  •    Land & Building

            Factory Land & Building

            Site Development Expenses

  •    Plant & Machinery

             Indigenous Machineries

            Other Machineries (Miscellaneous, Laboratory etc.)

  •    Other Fixed Assets

            Furniture & Fixtures

            Pre-operative and Preliminary Expenses

            Technical Knowhow

            Provision of Contingencies

  •   Working Capital Requirement Per Month

             Raw Material

            Packing Material

            Lab & ETP Chemical Cost

           Consumable Store

  •   Overheads Required Per Month And Per Annum

         Utilities & Overheads (Power, Water and Fuel Expenses etc.)

             Royalty and Other Charges

            Selling and Distribution Expenses

  •    Salary and Wages

  •    Turnover Per Annum

  •   Share Capital

            Equity Capital

            Preference Share Capital


  •    Annexure 1:: Cost of Project and Means of Finance

  •    Annexure 2::  Profitability and Net Cash Accruals


                Expenses/Cost of Products/Services/Items

                Gross Profit

                Financial Charges     

                Total Cost of Sales

                Net Profit After Taxes

                Net Cash Accruals

  •   Annexure 3 :: Assessment of Working Capital requirements

                Current Assets

                Gross Working. Capital

                Current Liabilities

                Net Working Capital

                Working Note for Calculation of Work-in-process

  •    Annexure 4 :: Sources and Disposition of Funds

  •    Annexure 5 :: Projected Balance Sheets

                ROI (Average of Fixed Assets)

                RONW (Average of Share Capital)

                ROI (Average of Total Assets)

  •    Annexure 6 :: Profitability ratios


                Earnings Per Share (EPS)


             Debt Equity Ratio

        Annexure 7   :: Break-Even Analysis

                Variable Cost & Expenses

                Semi-Var./Semi-Fixed Exp.

                Profit Volume Ratio (PVR)

                Fixed Expenses / Cost 


  •   Annexure 8 to 11:: Sensitivity Analysis-Price/Volume

            Resultant N.P.B.T

            Resultant D.S.C.R

   Resultant PV Ratio

   Resultant DER

  Resultant ROI

          Resultant BEP

  •    Annexure 12 :: Shareholding Pattern and Stake Status

        Equity Capital

        Preference Share Capital

  •   Annexure 13 :: Quantitative Details-Output/Sales/Stocks

        Determined Capacity P.A of Products/Services

        Achievable Efficiency/Yield % of Products/Services/Items 

        Net Usable Load/Capacity of Products/Services/Items   

       Expected Sales/ Revenue/ Income of Products/ Services/ Items   

  •    Annexure 14 :: Product wise domestic Sales Realisation

  •    Annexure 15 :: Total Raw Material Cost

  •    Annexure 16 :: Raw Material Cost per unit

  •    Annexure 17 :: Total Lab & ETP Chemical Cost

  •    Annexure 18  :: Consumables, Store etc.,

  •    Annexure 19  :: Packing Material Cost

  •    Annexure 20  :: Packing Material Cost Per Unit

  •    Annexure 21 :: Employees Expenses

  •    Annexure 22 :: Fuel Expenses

  •    Annexure 23 :: Power/Electricity Expenses

  •    Annexure 24 :: Royalty & Other Charges

  •    Annexure 25 :: Repairs & Maintenance Exp.

  •    Annexure 26 :: Other Mfg. Expenses

  •    Annexure 27 :: Administration Expenses

  •    Annexure 28 :: Selling Expenses

  •    Annexure 29 :: Depreciation Charges – as per Books (Total)

  •   Annexure 30   :: Depreciation Charges – as per Books (P & M)

  •   Annexure 31   :: Depreciation Charges - As per IT Act WDV (Total)

  •   Annexure 32   :: Depreciation Charges - As per IT Act WDV (P & M)

  •   Annexure 33   :: Interest and Repayment - Term Loans

  •   Annexure 34   :: Tax on Profits

  •   Annexure 35   ::Projected Pay-Back Period And IRR