1. Product Description: These plastic products include file covers for badges, folders, wallets, passports, stool kits, identity cards, visiting cards albums, brief cases, etc. the plastic covers are used to protect items from being damaged there by inversing their service life.
2. Market Potential: The items which need plastic covers are consumed widely in the urban centers of the Amhara region. If we assume that at least ten percent of the urban population of the region uses items that need plastic covers, this turns in to a consumption figure of 200,000 units. With increasing population and income, the consumption of such types of plastic covers will also increase. Up to now, plastic covers consumed in the region are imported from abroad. The purpose of this idea is therefore, to substitute imports by domestic production.
Sources of Raw Materials: The main raw materials are high and low density polyethylene and polypropylene. These inputs will be imported.
Process and Technology: In an extruder, granules of high density polyethylene are fed and the raw material comes out in a form of sheet. The thickness of the sheet can be adjusted bused on requirement. The sheet is then cut in to desired shape and size. Passport and files covers or cases contain two parts the outside and the inside parts. The outer parts are made from high density polyethylene and the inner parts are produced from low density polyethylene. Both parts are combined through sealing or stitching. If printing is required on the covers, the final processes are printing. Required plant and machining include extruders with 10 H.P motor, sets of dies and tools, cutting and sealing machines.
Estimated Investment: For a plant that will produce about 60 tons of different types of plastic covers per year, the estimated investment will be:
Building /shade 200m2 at Birr 2000/m2 = 400,000
Machinery = 200,000
Working capital = 200,000
800,000
6. Benefits: Saves foreign exchange and regional financial resources….
Location: Combolcha, Bahir Dar