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Castor Oil & its Derivatives - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Castor oil and its derivatives are products of good commercial significance with advancement and new innovation in the field or medicines and allied fields. The demand of these products increasing day by day and their popularity is increasing at a rapid pace. At present there exists a great demand supply gap and to fill which there is an imperative need for many unit to come up in this field.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 0.01%Break even: N/A
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Castor Oil & Its Derivatives - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Castor oil obtained by a combination of pressing and extraction from the seeds of castor plants (Ricinus Communis) consist of up to 90% of Triglyceride of Ricinoleic acid, 12 Hydroxy Oleic Acid. The castor oil derivative oleoresin finds an extensive use in medicines viz. carminative and digestive purposes etc. The demand of oleoresins is increasing with the expansion of the end user industries and the product a bright scope as well as good future prospects. Thus a new entrepreneur can confidently venture into the production of oleoresin and he will find it a very lucrative trade.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 0.01%Break even: 0.01%
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Extraction and Refining of Castor Oil - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is one of the best producers of castor seed. It has very good commercial importance. Above all it content oil, carbohydrate protein, fibre and ash etc. which is largely used for the production of cattle feed. Castor oil has medicinal value, it is used in the different variety of medicinal product. It can be commercially used as antifoaming agent. It has largely used in the cosmetic industry for the production of hair oil. India is the leading producer of caster oil in the world, followed by China and Brazil with 0.8 and 0.4 lakh tonnes respectively. The present annual world trade in castor oil is estimated at about 2.0-2.50 lakh tonnes. The world demand is estimated to be growing at the rate of about 3 to 5% per annum. As a whole this project is one of the good project in India, which has good prospect.
Plant capacity: 10 MT/dayPlant & machinery: 149 Lakhs
Working capital: -T.C.I: 545 Lakhs
Return: 43.00%Break even: 38.00%
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Castor Oil (Extraction and Refining) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is one of the best producers of castor seed. Castor seed oil content, it may vary from 35-40%. Production of castor oil by extraction process is economic one. Process of extraction may be batch type or continuous. Oil Extraction process carried over the following stages to get pure castor oil; they are Extraction process, Distillation process, Separation of excess wax available in the oil. Packing material required for distribution of oil will be plastic drum or barrel or plastic containers or metal container. It can be easily transportable and handable. There is very good market demand of castor oil in the indigenous market. There is also very good export market of the product. There are more than 100 derivatives produced from castor oil in the Germany. As a whole castor oil project is one of the good project in India which has good prospect. Castor seed is grown commercially on plantations but also harvested from wild plants. The seed must be hulled after harvesting. The seeds contain about 50 percent oil by weight. To extract the oil they must be crushed and pressed with hydraulic or continuous screw pressing at high or low temperature. Further solvent extraction can release much of the remaining oil. Modification of the oil is achieved by a variety of chemical processes including oxidation, hydrogenation and thermal treatments to produce products for specific applications. Castor Oil Extraction The ripe seeds are allowed to dry, when they split open and discharge the seeds. These seeds are cleaned, cooked and dried prior to extraction. Oil is then extracted by pre-pressing, using a high pressure continuous screw press – called the expeller. Extracted oil is filtered. Material finally discharged from the press, called cake, contains 8 to 10 percent oil. It is crushed into a coarse meal, and subjected to solvent extraction with hexane or heptane. Oil Purification Once the oil has been extracted from the seed, it is necessary to remove impurities from the oil. The oil is essentially a pure triglyceride, and contains almost 90% of glyceryl tricinoleate. It is the ricinoleic triglyceride that is needed in order to produce high quality castor oil. The crude oil is then refined by Settling and Degumming of the oil, Bleaching, Neutralization and Steam Stripping. Uses & Application • It has medicinal value; it is used in the different variety of medicinal product. • 2. It can be commercially used as antifoaming agent. • 3. It has largely used in the cosmetics industry for the production of hair oil. • 4. It can be commercially used for the production of different grade of plastic additives. Market Survey Indian edible oil industry is composed of some 15,000 oil mills, 600 solvent extraction units, 250 vanaspati units and over 600 refining units. These employ over a million people. With around 8% of world oilseeds production, over 7% of global protein meal production, around 4% of world oil meal export, total oilseeds production of 23 mn tonne and 5.6 mn tonne of edible oil production, India is the fourth largest edible oil economy in the world valued at USD 16.5 bn (Rs 660 bn). India has a share of nearly 6% of global vegetable oil production, nearly 11% of global vegetable oil imports and 9% of global edible oil consumption. And yet over 40% of the edible oil availability in the market is sourced from imports. In a large measure the dwindling state of the oilseeds production is attributable to the low crop yields, which have fluctuated drastically. In the recent years, the production of oilseeds got stumbled to a very low of 691 kg/ha and recorded the average yield of 935 Kg/ha over next three years. This has adversely affected the availability of edible oils in the country. The country has depended largely on imports to meet the domestic demand pegged at around 12 mn tonne now. According to the data compiled by the Solvent Extractors' Association (SEA).estimates of the country's vegetable oil imports are 8 mn tonne against 7.5 mn tonne predicted earlier for the year. Apart from lower domestic production, increase in domestic consumption due to reduced domestic prices and zero import duty on crude edible oil were responsible for increased import. The production of oils from the solvent extraction sector has increased steadily to the level of 1.4 mn tonne. Of the 1.4 mn tonne, 14% or about 195,000 tonne of output represents industrial oils. These, along with the production from nine oilseeds, are expected to augment the domestic production to around 8 mn tonne. The edible oil segment is currently undergoing a metamorphosis as a result of spiraling prices of soft oils - sunflower and soyabean. The edible oil industry is quite unique as its demand exhibits near price inelasticity. While oils have witnessed sharp rise of 30 to 40% in the price of imported edible oil, the imports too have increased by 40%. Edible oil imports were 1.5 mn tonne as compared to 1.1 mn tonne in the corresponding period in the next year. The edible oil imports in the country are likely to surge from the existing 6 mn tonne to 8.3 mn tonne in 2015. This corresponds to the existing demand for edible oils of around 12 mn tonne expected to increase by 77% to 21.3 mn tonne by 2015. It is claimed that a marginal 23% increase by 2015 in acreage under oilseeds could contribute substantially to the total output, thereby reducing the dependence on imports. The introduction of innovative and modern technology could help increase the yield of oilseeds in the country to 1.4 tonne by 2015 from the current level of 0.9 tonne a hectare currently. Accordingly, the total oilseed production has to increase substantially to 44.8 mn tonne, by 2015 from the present level of around 23 mn tonne. This would result in higher availability of oil seeds for the mills to crush, augmenting total edible oil production to nearly 13.5 tonne by 2015. Few Major Players are named as under: Amrit Agro Inds. Ltd. Balaji Agro Inds. Ltd. Bhagat International Pvt. Ltd. Biotor Industries Ltd. Dolat Investments Ltd. Growmore Solvent Ltd. [Merged] Gufic Biosciences Ltd. Gujarat Ambuja Proteins Ltd. [Merged] Gujarat Speciality Lubes Ltd. Ihsedu Agrochem Pvt. Ltd. Ihsedu Itoh Green Chemicals Mktg. Pvt. Ltd. India Castor Ltd. Jamnadas Madhavji Intl. Ltd. Jayant Agro-Organics Ltd. Kalyani Refineries Ltd. N K Industries Ltd. Nu Tech Organic Chemicals Ltd. State Trading Corpn. Of India Ltd. Sunrise Oleochemicals Ltd. Trisuns Chemical Industry Ltd.
Plant capacity: 6000 MT/annumPlant & machinery: 335 Lakhs
Working capital: -T.C.I: Cost of Project: 631 Lakhs
Return: 28.00%Break even: 55.00%
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Castor Oil (Extraction and Refining) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is one of the best producers of castor seed. Castor seed oil content, it may vary from 35-40%. Production of castor oil by extraction process is economic one. Process of extraction may be batch type or continuous. Oil Extraction process carried over the following stages to get pure castor oil; they are Extraction process, Distillation process, Separation of excess wax available in the oil. Packing material required for distribution of oil will be plastic drum or barrel or plastic containers or metal container. It can be easily transportable and handable. There is very good market demand of castor oil in the indigenous market. There is also very good export market of the product. There are more than 100 derivatives produced from castor oil in the Germany. As a whole castor oil project is one of the good project in India which has good prospect. Castor seed is grown commercially on plantations but also harvested from wild plants. The seed must be hulled after harvesting. The seeds contain about 50 percent oil by weight. To extract the oil they must be crushed and pressed with hydraulic or continuous screw pressing at high or low temperature. Further solvent extraction can release much of the remaining oil. Modification of the oil is achieved by a variety of chemical processes including oxidation, hydrogenation and thermal treatments to produce products for specific applications. Castor Oil Extraction The ripe seeds are allowed to dry, when they split open and discharge the seeds. These seeds are cleaned, cooked and dried prior to extraction. Oil is then extracted by pre-pressing, using a high pressure continuous screw press – called the expeller. Extracted oil is filtered. Material finally discharged from the press, called cake, contains 8 to 10 percent oil. It is crushed into a coarse meal, and subjected to solvent extraction with hexane or heptane. Oil Purification Once the oil has been extracted from the seed, it is necessary to remove impurities from the oil. The oil is essentially a pure triglyceride, and contains almost 90% of glyceryl tricinoleate. It is the ricinoleic triglyceride that is needed in order to produce high quality castor oil. The crude oil is then refined by Settling and Degumming of the oil, Bleaching, Neutralization and Steam Stripping. Uses & Application • It has medicinal value; it is used in the different variety of medicinal product. • 2. It can be commercially used as antifoaming agent. • 3. It has largely used in the cosmetics industry for the production of hair oil. • 4. It can be commercially used for the production of different grade of plastic additives. Market Survey Indian edible oil industry is composed of some 15,000 oil mills, 600 solvent extraction units, 250 vanaspati units and over 600 refining units. These employ over a million people. With around 8% of world oilseeds production, over 7% of global protein meal production, around 4% of world oil meal export, total oilseeds production of 23 mn tonne and 5.6 mn tonne of edible oil production, India is the fourth largest edible oil economy in the world valued at USD 16.5 bn (Rs 660 bn). India has a share of nearly 6% of global vegetable oil production, nearly 11% of global vegetable oil imports and 9% of global edible oil consumption. And yet over 40% of the edible oil availability in the market is sourced from imports. In a large measure the dwindling state of the oilseeds production is attributable to the low crop yields, which have fluctuated drastically. In the recent years, the production of oilseeds got stumbled to a very low of 691 kg/ha and recorded the average yield of 935 Kg/ha over next three years. This has adversely affected the availability of edible oils in the country. The country has depended largely on imports to meet the domestic demand pegged at around 12 mn tonne now. According to the data compiled by the Solvent Extractors' Association (SEA).estimates of the country's vegetable oil imports are 8 mn tonne against 7.5 mn tonne predicted earlier for the year. Apart from lower domestic production, increase in domestic consumption due to reduced domestic prices and zero import duty on crude edible oil were responsible for increased import. The production of oils from the solvent extraction sector has increased steadily to the level of 1.4 mn tonne. Of the 1.4 mn tonne, 14% or about 195,000 tonne of output represents industrial oils. These, along with the production from nine oilseeds, are expected to augment the domestic production to around 8 mn tonne. The edible oil segment is currently undergoing a metamorphosis as a result of spiraling prices of soft oils - sunflower and soyabean. The edible oil industry is quite unique as its demand exhibits near price inelasticity. While oils have witnessed sharp rise of 30 to 40% in the price of imported edible oil, the imports too have increased by 40%. Edible oil imports were 1.5 mn tonne as compared to 1.1 mn tonne in the corresponding period in the next year. The edible oil imports in the country are likely to surge from the existing 6 mn tonne to 8.3 mn tonne in 2015. This corresponds to the existing demand for edible oils of around 12 mn tonne expected to increase by 77% to 21.3 mn tonne by 2015. It is claimed that a marginal 23% increase by 2015 in acreage under oilseeds could contribute substantially to the total output, thereby reducing the dependence on imports. The introduction of innovative and modern technology could help increase the yield of oilseeds in the country to 1.4 tonne by 2015 from the current level of 0.9 tonne a hectare currently. Accordingly, the total oilseed production has to increase substantially to 44.8 mn tonne, by 2015 from the present level of around 23 mn tonne. This would result in higher availability of oil seeds for the mills to crush, augmenting total edible oil production to nearly 13.5 tonne by 2015. Few Major Players are named as under: Amrit Agro Inds. Ltd. Balaji Agro Inds. Ltd. Bhagat International Pvt. Ltd. Biotor Industries Ltd. Dolat Investments Ltd. Growmore Solvent Ltd. [Merged] Gufic Biosciences Ltd. Gujarat Ambuja Proteins Ltd. [Merged] Gujarat Speciality Lubes Ltd. Ihsedu Agrochem Pvt. Ltd. Ihsedu Itoh Green Chemicals Mktg. Pvt. Ltd. India Castor Ltd. Jamnadas Madhavji Intl. Ltd. Jayant Agro-Organics Ltd. Kalyani Refineries Ltd. N K Industries Ltd. Nu Tech Organic Chemicals Ltd. State Trading Corpn. Of India Ltd. Sunrise Oleochemicals Ltd. Trisuns Chemical Industry Ltd.
Plant capacity: 6000 MT/annumPlant & machinery: 335 Lakhs
Working capital: -T.C.I: Cost of Project: 631 Lakhs
Return: 28.00%Break even: 55.00%
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Castor Oil (Extraction and Refining) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is one of the best producers of castor seed. Castor seed oil content, it may vary from 35-40%. Production of castor oil by extraction process is economic one. There is very good market demand of castor oil in the indigenous market. There is also very good export market of the product. India is the fourth largest edible oil economy in the world valued at USD 16.5 bn (Rs 660 bn). India has a share of nearly 6% of global vegetable oil production, nearly 11% of global vegetable oil imports and 9% of global edible oil consumption. And yet over 40% of the edible oil availability in the market is sourced from imports. The edible oil imports in the country are likely to surge from the existing 6 mn tonne to 8.3 mn tonne in 2015. This corresponds to the existing demand for edible oils of around 12 mn tonne expected to increase by 77% to 21.3 mn tonne by 2015. It is claimed that a marginal 23% increase by 2015 in acreage under oilseeds could contribute substantially to the total output, thereby reducing the dependence on imports. The introduction of innovative and modern technology could help increase the yield of oilseeds in the country to 1.4 tonne by 2015 from the current level of 0.9 tonne a hectare currently. There are more than 100 derivatives produced from castor oil in the Germany. As a whole castor oil project is one of the good project in India which has good prospect. Few Major Players are named as under: Amrit Agro Inds. Ltd. Balaji Agro Inds. Ltd. Bhagat International Pvt. Ltd. Biotor Industries Ltd. Dolat Investments Ltd. Growmore Solvent Ltd. [Merged] Gufic Biosciences Ltd. Gujarat Ambuja Proteins Ltd. [Merged] Gujarat Speciality Lubes Ltd. Ihsedu Agrochem Pvt. Ltd. Ihsedu Itoh Green Chemicals Mktg. Pvt. Ltd. India Castor Ltd. Jamnadas Madhavji Intl. Ltd. Jayant Agro-Organics Ltd. Kalyani Refineries Ltd. N K Industries Ltd. Nu Tech Organic Chemicals Ltd. State Trading Corpn. Of India Ltd. Sunrise Oleochemicals Ltd. Trisuns Chemical Industry Ltd.
Plant capacity: 6000 MT/annumPlant & machinery: Rs. 335 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 631 Lakhs
Return: 28.00%Break even: 55.00%
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Castor Oil & Its Derivatives

The castor oil plant, Ricinus communis, is a species of flowering plant in the spurge family, Euphorbiaceae. Its seed is the castor bean which, despite its name, is not a true bean. Castor is indigenous to the south-eastern Mediterranean Basin, Eastern Africa, and India, but is widespread throughout tropical regions. The seeds contain between 40% and 60% oil that is rich in triglycerides of ricinoleic acid, 12 hydroxy oleic acid. The Indian variety of castor seed has an oil content of 48% but only 42% can be extracted. The seed contains ricin, a toxin, which is also present in lower concentrations throughout the plant and therefore castor oil is inedible. India is known as the world leader in castor seed and oil production and leads the international castor oil trade. Castor oil production in this country usually fluctuates between 250,000 and 350,000 tons per year. Castor is one of the oldest cultivated crops; however, it contributes to only 0.15% of the vegetable oil produced in the world. The oil produced from this crop is considered to be of importance to the global specialty chemical industry because it is the only commercial source of a hydroxylated fatty acid. Few Indian major players are as under: • A W N Agro Pvt. Ltd. • Adya Oils & Chemicals Ltd. • Balaji Agro Inds. Ltd. • Biotor Industries Ltd. • Ihsedu Agrochem Pvt. Ltd. • India Castor Ltd. • Jayant Agro-Organics Ltd. • Kalyani Refineries Ltd.
Plant capacity: Castor Oil:7,500 MT per Annum Refined Castor Oil:2,100 MT per Annum Hydrogenated Castor Oil:900 MT per Annum De-hydrated Castor Oil:1,500 MT per Annum 12-Hydroxy Stearic Acid:192 MT per Annum Sulfonated Castor Oil:192 MT per Annum Castor DePlant & machinery: 473 Lakh
Working capital: -T.C.I: Cost of Project:1281 Lakh
Return: 32.00%Break even: 58.00%
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Castor Oil Manufacturing Business

Castor Oil Manufacturing Business. Production of Castor Oil and Its Derivatives. Emerging Business Investment Opportunities. Castor oil is a colorless to very pale yellow liquid with a distinct taste and odor. Castor oil is a multi-purpose vegetable oil that people have used for thousands of years. It's made by extracting oil from the seeds of the Ricinus communis plant. These seeds, which are known as castor beans, contain a toxic enzyme called ricin. Castor oil and its derivatives are used in the manufacturing of soaps, lubricants, hydraulic and brake fluids, paints, dyes, coatings, inks, cold resistant plastics, waxes and polishes, nylon, pharmaceuticals and perfumes. Castor oil is one of the most multipurpose plant oils, obtained by pressing the seed of the castor oil plant (Ricinus communis). It is well known source of a monounsaturated, ricin oleic and 18-carbon fatty acid. Owing to its unique chemical structure and rich properties, castor oil and its derivatives find uses in many industries such as cosmetics, food, lubricants, paints, agriculture, electronics & telecommunications, pharmaceuticals, perfumeries, plastics and rubber, inks & adhesives and textile chemicals. After plant oils, castor oil is considered to be the most required oil. However, growing concerns pertaining to biofuels specially biodiesel and biopolymer across the globe is pushing castor oil to play a much larger role in the world economy. Market outlook The global castor oil and its derivatives market is expected to post a CAGR of over 5% during the period 2018-2022 The global castor oil derivatives market is expected to grow owing to the factors such as growing demand from the end-use industries such as cosmetics, lubricants, and pharmaceuticals and the growing demand for the products that are biodegradable and sustainable, owing to the reduced petrochemicals dependence. The growth of the market is the increasing demand for castor oil and its derivatives in major end-use industries. Castor oil derived from castor seeds is one of the major commercial feedstock for manufacturing a variety of industrial chemicals, which is used in pharmaceuticals, cosmetics, personal care, surfactants, lubricants, surface coatings, biodiesel, food and beverages, plastics and resins, and greases. Castor oil shows high viscosity, excellent thermal conductivity, high pour point, and density. This resulted in castor oil and its derivatives being used in textile, soaps, cosmetics, nylon fibers, bullet-proof glass, and bone prosthesis. India is the largest producer of castor seed and oil. It contributes about 8 lakh tons of castor seed with an approximate of 65% share and 3 lakh tons of castor oil with an approximate of 51 % share in the world total production. India nearly consumes ¼th of its total production and exports the rest but it still is the second largest consumer in the world. The major sources of demand of castor oil are the various industries like soap, lubricant and paint industries and the demand of the oil is spread all across of country. This crop is grown over 6.25 lakh hectares of the country. India exports castor oil in two forms namely First Special grade and Castor Oil Commercial. This figure of exports from India is on a rising trend and much of the world’s requirements are fulfilled by India only. The countries that imports castor oil from India are:- ? European Union ? Japan ? China ? Thailand Key Players Thai Castor Oil Industries Co. Ltd., Jayant Agro Organics, Hokoku Corporation, ITOH Oil Chemicals Co. Ltd., Gokul Overseas, Bom Brazil, Liaoyang Huaxing Chemical Co., Ltd., Kanak Castor Products Pvt. Ltd., and others. ArkemaGokul Agro Resources, Hokoku, Jayant Agro-Organics ,NK Industries, Thai Castor Oil Industries ITOH Oil Chemicals Co. Ltd., Taj Agro Products, NK Proteins, Adani Group, Bom Brasil, Tongliao TongHua Castor, Chemical Co. Ltd., RPK Agrotech Tags #Castor_oil,#Castor_oil_Manufacturing, #Castor_oil_Production, #Castor_oil_Extraction, Castor oil Making Process, #Castor oil_Production, Castor oil Manufacturing Process Flowchart, Castor oil Extraction Process, Castor oil Extraction Process Pdf, Castor oil Project Report, #How_to_Extract_Castor_oil, How is Castor oil made? Set up Castor oil Processing Plant, Castor oil Processing Plant, Castor oil Producing Business, #Castor_oil_Production_Business, Manufacture of Castor oil, Castor oil Processing Castor oil Extraction, Castor oil Industry, Castor oil Processing Unit, Castor oil Production Plant, Castor oil Extraction Plant, Castor oil Manufacture, Planning to set up a Castor oil Factory Small Plant? Castor oil Making Business, Castor oil Production Business, Start a Small Castor oil Manufacturing Business, #Starting_a_Castor_oil_Production, #Investment_Opportunity_in_Castor_oil_Industry, How to Start a Castor oil Extraction Business, Emerging Investment Opportunity in Castor oil Industry in India, Castor Oil Business, Castor oil Production Plant, Castor_oil_Industry, #Detailed_Project_Report_on_Castor_oil_Production, Project Report on Castor oil Industry, Pre-Investment Feasibility Study on Castor oil Production, Techno-Economic feasibility study on Castor oil Production, #Feasibility_report_on_ Castor_Oil_Production, Free Project Profile on Castor oil Production, Project profile on Castor oil Production, Download free project profile on Castor oil Industry
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Castor Oil from Castor Seeds

The castor oil plant, Ricinus commun is, is a species of flowering plant in the spurge family, Euphorbiaceous. Its seed is the castor bean which, despite its name, is not a true bean. Castor is indigenous to the south-eastern Mediterranean Basin, Eastern Africa, and India, but is widespread throughout tropical regions. Castor seed is the source of castor oil, which has a wide variety of uses. The seeds contain between 40% and 60% oil that is rich in triglycerides of ricinoleic acid, 12 hydroxyl oleic acid. The Indian variety of castor seed has an oil content of 48% but only 40% can be extracted. The seed contains resin, a toxin, which is also present in lower concentrations throughout the plant and therefore castor oil is inedible. Castor oil pale amber viscous liquid derived from the seeds of the plant Racings communes is sometimes known as ricinus oil. Castor oil is one of the few naturally occurring glycosides that approach being a pure compound, since the fatty acid portion is nearly nineteenths ricinoleic acid. The global castor oil market was $1,180 million in 2018 and is expected to touch $1,470 million by the end of 2025, growing at a CAGR of 2.8 per cent between 2019 and 2025. The market is currently being driven by the increasing demand in various industrial applications such as paints, soaps, lubricants, befouls, and other sectors. The market value is expected to grow at a CAGR of 3.6% in the forecast period of 2020-2025. The Global castor oil market has been segmented by different end-use industries and forms. Further, end-use industries segment is further sub-divided to food & beverage, personal care, lubricant, pharmaceuticals and others. Personal care segment of the market uses castor oil as a source of moisturizer as it consists of high fatty acid content. Food & beverage segment of the market uses castor oil for flavoring, packaging as well as in viscosity additives. In pharmaceutical industry hydrogenated property of the product is extensively used because of its lubricating property. In fuel industry, castor oil is majorly used as the fuel additive because it is biofuel obtainable in terms of per capita yield in the global market. Entrepreneurs who invest in this project will be successful.
Plant capacity: Castor Oil: 5 MT / Day Castor De-Oiled Cake: 7.2 MT / DayPlant & machinery: Rs 106 lakhs
Working capital: -T.C.I: Cost of Project : Rs 374 lakhs
Return: 29.00%Break even: 64.00%
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