White Oil Manufacturing Industry

White Oil Manufacturing Industry. Start a White Oil from Kerosene Oil Factory.

White oils are highly refined mineral oils that are extremely pure, stable, colorless, odorless, non-toxic and chemically inert. The term white oil is a misnomer in that they are not white at all but crystal clear. White oils can be produced from a variety of feed stocks depending on the process used.

White oil has a variety of names that correspond towards the intended use of the oil.  The general and interchangeable, names are white oil and mineral oil. A few other names include paraffinic perliquidum, paraffin oil, liquid paraffin, and liquid petroleum.  White oil is a colorless and odorless mixture of higher alkanes from a mineral source. This mineral source is usually from a distillate of petroleum.

Mineral oil is a clear odorless liquid that has been used routinely for many decades in a wide variety of cosmetics and personal care products. The mineral oil used in cosmetics and personal care products (also called white mineral oil) is a highly purified material obtained from refining petroleum.

White oil is mineral oil, paraffin oil, petrolatum, and paraffin liquid for oil baths, paraffin liquid, paraffin oils, mineral oil and liquid paraffin. It is colorless, odorless, and has features as favorable oxidation stability, chemical stability, and light stability.

It is used in the manufacturing of Bulk Drugs, Cosmetics, Textile Auxiliaries, Plant Spray Oil, Agrochemicals, Aerosols, Dye Intermediates, Paper Industry, Inks, Perfumery, Specialty Lubricants, and Plastics - used as Lubricant Plasticiser, Food Industry, Specialty Chemicals, Incenses, and Personal Care Products etc.

It is highly purified mixture of liquid saturated hydrocarbons obtained from petroleum base. It is oil is transparent, & free from fluorescence in daylight. It is Colour less, tasteless, odour less when cold. This highly refined hydro-treated oil has excellent thermal & chemical stability, having high flash point & is soluble in Chloroform & solvent Ether.

Market Outlook

The global white oil market size was estimated at USD 2.03 billion in 2018 and is projected to expand at a CAGR of 4.2% from 2019 to 2025. Rising product demand in production of personal care products is anticipated to drive the global market over the forecast years. Personal care is a diverse industry that is anticipated to witness robust growth, owing to a broad consumer base, especially in Asia Pacific countries including China, India, Malaysia, Singapore, and Vietnam.

Polymer processing, and pharmaceutical segments is expected to spur the white oil market growth. Furthermore the fast growing requirement for the product in agriculture and adhesives sectors is likely to offer considerable opportunities over the next eight years. This rising demand is further anticipated to increase due to expansion of the personal care product segment and the pharmaceutical industry. Rising demand from the cosmetic industry due to the strong moisture-resistant property of white oils is likely to further propel the market.

White oils are also widely utilized in the manufacturing of specialty adhesives and elastomers due to their water and moisture-resistant properties which are also estimated to fuel the expansion of the global white oil market. White oils are certified safe for their application in food and dietary products attributed by the recent halal and the kosher certification to white oil which has resulted in its rising demand around the globe.

Significant growth potential lurks within the emerging economies. A high demand for white oil in counties such as India, China and South Korea is observed, which is more likely to drive the global white oil market in these regions. As the market for white oil is consolidated, investments in product development by key manufacturers could create a significant opportunity for end use industries as a rise in the demand for thermoplastic polymer, personal care & cosmetic products and pharmaceutical products will lead to an increase in the consumption of white oil.

The rise in population will rise in the demand for goods in different industries where white oil is used industries such as automotive, pharmaceuticals, textile, food and beverage as well as chemicals. This will spur the demand for white oils thereby driving the growth of the global white oil market. Naphthenic oil, which contains less PAH content is expected to show potential opportunities and is expected to grow in regions such as Europe and North America owing to the environmental benefits, especially less carbon emissions during the manufacturing process.

A paradigm shift from polymer processing to oil-based processing along with the rising number of end use industries such as automotive, pharmaceuticals, textiles etc., has a significant impact on the global white oil market growth scenario. The personal care industry, which uses white oil is growing significantly. This has contributed to the growth of the white oil market.

However, there are certain loopholes that can act as restraints in the growth of the global white oil market. The high costs associated with the formulation of consumer care products, unavailability of quality crude oil, price volatility in crude oil, instability in oil prices that influences the production of white oil are few of the restraints that challenge the growth of the global white oil market.

Cosmetic industry growth owing to the increasing focus on skin care and nourishing products for hair styling, coloring products, and suntan products fostering the industry share. White oil has become an essential ingredient in varied applications including cosmetics and personal care. Surging demand for sunscreens, body lotion, cleansers and emollient and makeup products with long durability moisturizing benefits will boost the white oil demand. Also, infant skin care products including lotions and emollients will propel the white oil market.

Technological advancement continuously improvising the characteristics of white oil, providing new opportunities for the numerous applications in various industries. The ingredient act as a mold release, wetting agents and resin catalyst carriers for numerous applications supporting market growth. However, factor such as excessive costs with respect to the preparation of personal care products, absence of high-quality crude lubricant, price volatility, and uncertainty in prices may restrain the white oil market growth.

The demand of for white mineral oil is expected to grow throughout the  globe and certain regions are anticipate to witness a higher growth rate the countries such as Tanzania in East Africa backed up by China has reported a significant growth in industrial sector.

This has led to continuous demand for materials such as lubricants wire rope lubricant, aerosol lubricants and other materials used in mundane operations in the industry. The countries in the south eastern regions such as Maldives, Myanmar, Cambodia, Bangladesh, Philippines etc. have also shown sizeable growth in industrial sector, creating an immense demand for industrial materials including white/mineral oil.

Ø  Key Players

Ø  Sinopec Corporation,

Ø  British Petroleum,

Ø  Sasol,

Ø  Sonneborn, Inc.,

Ø  Exxon Mobil Corporation,

Ø  Seojin Chemical Co., Ltd.,

Ø  Nynas AB,

Ø  Petro-Canada, Renkert Oil, Inc.,

Ø  Royal Dutch Shell N.V.,

Ø  JX Nippon Oil & Energy Corporation

Ø  Exxon Mobil Corporation,

Ø  British Petroleum,

Ø  Renkert Oil Inc.,

Ø  Nynas AB,

Ø  Petro-Canada.

For More Details, Click Here:- https://niir.org/profile-project-reports/profiles/petroleum-petroleum-products-refining-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/z,,18,0,a/index.html

 

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#businessconsultant, #businessfeasibilityreport, #BusinessPlan, #DetailedProjectReport, #keroseneoil, #PetroleumIndustry, #ProjectReport, #WhiteMineralOil, #WhiteOil

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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.

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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


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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.


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• 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.

 

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• 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