List of Business Ideas for Production of Petroleum and Petroleum Products. Oil & Gas Project Opportunities. Petrochemicals, Petroleum By-Products, Petrochemical Feedstocks. Production of Greases, Lube Oil, Brake Fluid, Automotive & Industrial Lubricants, Gear Oils, Wax & Wax Products, Paraffin Wax, Polishes, Bitumen, Base Oil, Crude Oil, Fuel Oils, Lubricating Oils, Gear Oils, Kerosene

The petroleum industry in India is particularly favorable for foreign investment because the industry is one of the fastest growing segments, and it has shown a staggering growth rate of around 13% in the recent past. Apart from the tremendous growth rate in the Indian petroleum industry today, it also boasts technology of international standards, easy availability of infrastructure at very cheap rates, high demands for petroleum products, and increased spending habits of the middle-class people. All these factors make investments in the Indian petroleum industry an attractive proposition for foreign investors.

The foreign trade in petroleum and petroleum products in the recent past have registered significant growth. It has thus attracted new foreign investments. Some of the main petroleum products that are manufactured for trade with foreign countries are petroleum gases, gas oil, propane, distilled crude oil, naphtha, ethane, and kerosene.

The petroleum industry has contributed heavily to the manufacturing industry in the country through foreign trade in petroleum products. Rapid globalization, fast-changing technology, and the changing methods in the way business is conducted have brought significant changes and enormous opportunities for petroleum companies in India to flourish and expand their operation to global markets.

Another very important reason why the Indian petroleum industry is a good option for investment is that the future of the petroleum industry in India promises great potential for development. The fast economic growth of India and the various developmental activities taking place presents India with opportunities in the future to be a dominant player globally in the export of petroleum products.

Rapid economic growth is leading to greater outputs, which in turn is increasing the demand of oil for production and transportation. With rising income levels, demand for automobile is estimated to increase, in turn leading to augmented demand for oil and gas. In FY16, total crude oil imports were valued at US$ 64.4 billion as compared to US$ 112.7 billion in FY15. In FY14, imports accounted for more than 80 per cent of the country’s total oil demand.

The Future of Indian Petroleum Industry Depends on:

·         Demand for petroleum is growing in leaps and bounds

·         Shifting focus to more production of olefin - ethylene, propylene, butadiene,

·         Price and availability of crude oil and gas as feedstock would still be critical factors

·         The demand of the end products would affect the demand of the intermediary products

India is the fifth largest lubricant market globally in volume terms behind the US, China, Russia and Japan. India is a net base oil deficit market and many additives used in lubricants are mostly imported.

The lubricants usage can be divided in two key segments – Automotive and Industrial. The demand for automotive lubricants in India is driven by growth in vehicle population and the consumption of industrial lubricants is highly correlated with Index of Industrial Production (IIP). Automotive lubricants typically are higher margin products compared to industrial lubricants. Majority of automotive lubricants demand is derived from commercial vehicles (CVs) and tractors, largely dominated by diesel engines. Process oils are the biggest contributor within industrial lubes.

India automotive lubricants market is projected to reach $ 9.6 billion by 2022. Surging demand for automotive lubricants is anticipated on account of increasing sales of vehicles and growing consumer awareness regarding the use and advantages of engine oils and other lubricants. Additionally, rising trend of partnerships between original equipment manufacturers (OEMs) and lubricant manufacturing companies is expected to augment demand for automotive lubricants in India over the next five years.

Automotive is the largest and fastest-growing end-use industry for grease. The passenger vehicles and commercial vehicles are driving the demand for high performance grease in the automotive industry. In the automotive industry, grease is extensively used in various auto parts such as wheel bearings, universal joints, suspensions, gears, switches, and connectors because of their excellent properties such as mechanical stability, temperature tolerance, water resistance, and anti-oxidants. The need for high performance grease is rising in the increasing manufacturing of machines and equipment for end-use industries.

Industrial greases market trails the GDP due to their widespread application in manufacturing of goods and automotive maintenance operations. Due to the surge in manufacturing in Asia Pacific, the industrial greases market in the region is estimated to witness growth, expanding at a CAGR of 6.3% between 2015 and 2021 in terms of revenue. With the anticipated increase in manufacturing in China in the coming years, the demand for industrial greases in the country is expected to rise between 2015 and 2021. With the rising operating time of machines and greater speed of operations, the need for industrial greases is expected to increase by 2021. Besides, with increase in mechanization of manufacturing activities in developed regions such as North America and Europe, demand for industrial greases is anticipated to increase in these markets. 

 

Here are few Projects for Startup:

LUBE OIL

The Indian lube market is today a consumer’s delight with more than 30 players in the organized sector, not to mention the numerous small medium scale and unbranded operators. The lube market is divided into two major sectors automotive for 65% and industrial, which account for 35% last few months, the lubricant industry should also grow in line with the economy. Read more

NAPHTHA BASE SOLVENT

There are various solvents which are present in naphtha. The most commonly available solvents which can be extracted from naphtha are petroleum ether, benzene, ligroin, xylene and solvent naphtha. These are generally classified according to their boiling range through specific distillation process. Read more

WASHABLE KNITTING LUBRICATING OIL

Lubricating oil is generally used to reduce wear of one or both surfaces in close proximity, and moving relative to each another, by interposing a substance called lubricant. The base ingredients in most lubricating oils are hydrocarbon components made from crude oil. Read more

LUBE OIL BLENDING BASED ON IMPORTED BASE OIL

Lube oil is a substance (often a liquid) introduced between two moving surfaces to reduce the friction between them, improving efficiency and reducing wear. They may also have the function of dissolving or transporting foreign particles and of distributing heat. Lubricants today are classified into two major groups: Automotive lubricants and Industrial lubricants. Read more

COAL TAR PITCH DISTILLATION

Coal tar is a brown or black liquid of high viscosity, which smells of naphthalene and aromatic hydro carbons. Coal tar is among the byproducts when coal is carbonized to make coke or gasified to make coal gas. Coal tars are complex and variable mixtures of phenols, polycyclic aromatic hydro carbons, and metro cyclic compounds, about 200 substances in all. Read more

BLENDING OF LUBE OIL FROM MINERAL BASE OIL

A lubricant is a substance introduced to reduce friction between moving surfaces. It may also have the function of transporting foreign particles. The property of reducing friction is known as lubricity. One of the single largest applications for lubricants, in the form of motor oil, is protecting the internal combustion engines in motor vehicles and powered equipment. Read more

BRAKE FLUIDS

Silicone is the material on which some fluids are based. Usually, a non-mineral type oil is used in hydraulic brake equipments. It has applications in industrial automotive and crane equipment. It is used as friction liquid for power transformer. Castor India has very large production and marketing facilities for lube oil. Read more

GAS FILLING OF LPG CYLINDER

Bulk petroleum and hydrocarbons generally are most commonly stored in cylindrical tanks of welded steel. For quantities upto about 250 nos. the cylindrical tanks may be carried horizontally to variations in temperatures. L.P.G. is used mainly for cooking purposes in India. Read more

VACUUM DISTILLATION OF CRUDE COAL TAR SPECIFICALLY CREOSOTE OIL

For vacuum distillation of crude coal tar, the crude coal tar is produced from coke ovens of steel plant, 50% of this crude coal tar is pitch. The crude coal tar is then taken to vacuum distillation columns for fractionating into various components. Coal tar is produced by the dry distillation of coal and is therefore a byproduct in the manufacture of coal gas. Read more

TRANSFORMER OIL

These are mineral oils and are used to dissipate the heat generated in electric transformers, switches, circuit breakers and motor starters etc. They also act as electrical insulators. As transformers consume maximum amount of such oils, most of these are also called Transformer Oil. This oil can also be used as electrical cable oils. Read more

LUBE OIL BLENDING PLANT (ENGINE OIL, GEAR OIL & GREASE)

A lubricant is a substance (often a liquid) introduced between two moving surfaces to reduce the friction between them, improving efficiency and reducing wear. They may also have the function of dissolving or transporting foreign particles and of distributing heat. Engine Oil is a semi-synthetic high performance lubricant. Read more

WHITE OIL FROM KEROSENE OIL

Deeply refined pale yellow oils are called white oil. In 1934 the white oil manufacturers association (WOMA) divided the white oils in three viscosity grades. The oils of first category are used in the processing of foods, which must not contain more than 0.1-0.6% of the oil. Read more

RECLAMATION OF USED ENGINE OIL

Engine oil becomes contaminated with foreign material in service. In circulating systems, where a substantial quantity of oil is involved, it is desirable to maintain it as clean as possible to provide maximum working efficiency and to keep wear and damage of lubricated parts to a minimum. Read more

HEAVY LIQUID PARAFFIN

Heavy liquid paraffin by virtue of its versatile use in pharmaceuticals and medical practice etc. The paraffin hydrocarbons are usually obtained simply by physical separation from hydrocarbon mixtures since they are stable compounds and exist in vast quantities in naturally occuring oil and gas deposits. Read more

BITUMEN

It is non crystalline solid or viscous material having adhesive properties, which is completely soluble in carbon disulfide. It is generally brown or black in colour, electrical resistance, solubility or resistance to solvent action and resistance to oxidation under various conditions. It is derived from petroleum either by natural or refinery processes. Read more

LIQUID SHOE POLISH

Polishes usually contain several kind of natural and synthetic waxes, paraffin waxes, resins, solvents, auxiliary agents and water. As well as the requirements of the consumer, cost of the components is an important factor in the formulations. Read more

PETROLEUM COKE

It is dark solid form of carbon, produced from the thermal decomposition and polymerization of heavy liquid hydrocarbons that are derived from crude oil. It is stable, non-reactive under normal condition and does not polymerize. It is mainly used in metal production and as a fuel. Read more

CRUDE OIL REFINING (REFINERY)

The American petroleum industry had its inception when the now famous drake well was drilled in the year 1859. The ratio of proven reserves to production in the US in 1957 stood at 11.9 to 1. The ratio does not indicate that there are only twelve and one half years to go before the US reserves are exhausted. Read more

RE-REFINING OF ENGINE OIL, TRANSFORMER OIL & HYDRAULIC OIL

Engine oil, Transformer oil and hydraulic oil all are special grade petroleum oils, which had different specific gravity and viscosity. When these special grade oils are used, 60% of the oil is used in the engine, transformer and hydraulic oil and rest 40% of the oil is unused which can be further reused by purification. Read more

WAX FROM SLACK WAX

Petroleum waxes are broadly defined as the waxes naturally present in the various fractions of crude petroleum. After separation from lubricating oils, wax constitutes a valuable products with special characteristics for a number of important uses. Petroleum wax, like other petroleum derivatives, is essentially a mixture of hydrocarbons. Read more

POLYETHYLENE WAX

Polyethylene waxes can be made in two main grades, emulsifiable and non-emulsifiable waxes. Polyethylene wax has excellent stability against polishing, scratch resistance, metal resistance etc. This is being import from different countries. Read more

REFINING OF USED ENGINE OILS FOR MAKING BASE OIL

There is availability of large amount of burnt engine oil and almost 40 % of this oil remains unburnt in the total available burnt oil. It can be used as secondary oil by treating it. Certain series of specific treatment is available which is necessary for manufacturing base oil from used engine oil. Read more

WASTE OIL RECYCLING

Lubricating oils are widely used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. During normal use, impurities such as water, salt, dirt, metal scrapings, broken down additive components, varnish and other materials can get mixed in with the oil or be generated in it due to thermal degradation or oxidation. Read more

CALCINED COKE (BY USING HORIZONTAL KILN)

Petroleum coke is a dark form of carbon, produced from the thermal decomposition and polymerization of heavy liquid hydrocarbons that are derived from crude oil. Petroleum coke is employed for number of purposes, but its main industrial use is in the manufacture of carbon electrodes for the refining of aluminium. Read more

WIRE DRAWING LUBRICANT

The wire drawing lubricant is a special type of product in the field of lubricant. Wire drawing lubrication is an extremely complicated, often poorly understood subject. Whatever the chemical complexity of wire and rod drawing lubrication some rather definite physical behaviour can be cited. At one extreme, the absence of lubrication of the die. Read more

SILICONE GREASE & LUBRICANTS

In the modern industrial era grease have been increasingly employed to coke with a variety if difficult lubrication problems, particularly those where the liquid lubricant is not feasible. Over the last several decades, grease making technology throughout the world has undergone rapid change to meet the growing demands of the sophisticated industrial environment. Read more

COOLANT, BRAKE OIL, PACKING OF LUBRICANT OIL & GREASES

The vehicle owners should only use the minimum amount of ethylene glycol used based antifreeze to protect the system. The higher concentrate of antifreeze, the less heat the coolant will observe glycol concentration of 60% will obserb up less heat as well pure water coolant. Read more

WAX CRAYON

The wax crayons are used for outlining and shading by the artist for drawing. Two types of crayons are produced in India chalk crayons and marking crayons. The raw materials used for chalk crayons are gypsum, calcium carbonate and pigments. Calcium gypsum steatite & compound of magnesium, bismuth and lead are occasionally used as base. Read more

PETROLEUM JELLY

Petroleum jelly or petrolatum was discovered as a paraffin-like material coating oil rigs. Since then, it has been used in various ointments and as a lubricant. Petroleum jelly is mixture of mineral waxes and oils that together lock moisture in skin, moisturizing it to repair and relieve dryness. Read more

PE WAX EMULSION

Waxes are among the oldest worked materials used by humans. Their value as versatile construction materials ("man's first plastic") was discovered very early. Today, waxes are used mostly as additives and active substances. The use of waxes is expected to increase in the future because of their generally favourable toxicological and ecological properties. Read more

PETROLEUM DISTILLATION PLANT (OIL DISTILLATION REFINERY PLANT)

Petroleum, oily, flammable liquid that occurs naturally in deposits, usually beneath the surface of the earth; it is also called crude oil. It consists principally of a mixture of hydrocarbons, with traces of various nitrogenous and sulfurous compounds. Read more

GREASE MANUFACTURING UNIT (CALCIUM, LITHIUM & SODIUM)

Grease is nothing but one of the largely used semisolid lubricants. Its property varied depending upon its constituents. For the manufacturing of greases plant, machinery and raw materials are easily available in India. There are number of manufacturers in organized and unorganized sectors engaged in grease manufacturing. Read more

BATCHING PLANT FOR ASPHALT

Asphalt is a humid, black and extremely thick liquid or semi-solid that exists in most crude petroleum and also in a few natural deposits. Asphalt concrete is an important composite substance that is used for the construction of roads. Asphalt is utilized as a binder or glue for the aggregate elements. Read more

ZERO QI PITCH FOR GRAPHITE

The manufacture of standard commercial graphite as generally practiced in industry differs greatly from that of metals since graphite has no distinct melting point at reasonable pressures, and the usual methods of forming such as casting in industry is manufactured from carbon base material, rather than mined as the natural substance. Read more

 

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Tags

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ABOUT NPCS

 

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

                Revenue/Income/Realisation

                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

                D.S.C.R

                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 

                B.E.P

  •   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