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Fractionation Of Turpentine Oil

Turpentine is an essential oil obtained from pine trees. It is one of the most important substances with many applications, being widely used as a solvent in chemical industries, resins and as an ingredient in paints. Uttarakhand, Himachal, J & K, and Assam are extremely rich in pine forests.Highly purified ?-pinene can be obtained by vacuum-fractional distillation of turpentine that has to reach 97% purity. Pine oils are also widely utilized in cleaning & home products owing to their superior antibacterial and antiseptic properties. Other uses includes Ore-dressing Agent, Textile Degreaser, Bactericide, Fragrance, Others Customers are keen on specialized products as various applications require specific characteristics and ingredients. Pine Oil (CAS 8002-09-3) Market is predicted to discover Vigorous Growth by 2021.Throughout the world every industry is spending a large amount in Research for future expansion. Growing consumer preference for natural products has led to the development of innovative applications in personal care and cleaning products. Rapid industrialization and increasing disposable consumer income are the other major factors driving the market growth, mainly in developing countries such as China, India, Vietnam, and Thailand.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indians Major Players are as under: • H P C L-Mittal Energy Ltd. • Kochi Refineries Ltd. • KumaonMandalVikas Nigam Ltd. • Oil & Natural Gas Corpn. Ltd. • Pine Chemicals Ltd. • Vinayak Ingredients (India) Pvt. Ltd.
Plant capacity: Turpentine Oil :3,000,000ltr/annumPlant & machinery: Rs 82 lakhs
Working capital: -T.C.I: Cost of Project: Rs 425 lakhs
Return: 30.00%Break even: 52.00%
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