Profile for the Production of Fibre From Kenaf and Sisal - SNNPR ...
Profile for the Production of Fibre From Kenaf and Sisal - SNNPR ...
Profile for the Production of Fibre From Kenaf and Sisal - SNNPR ...
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223-3I. SUMMARYThis pr<strong>of</strong>ile envisages <strong>the</strong> establishment <strong>of</strong> a plant <strong>for</strong> <strong>the</strong> production <strong>of</strong> fibre from kenaf<strong>and</strong> sisal with a capacity <strong>of</strong> 10,000 tones per annum.The present dem<strong>and</strong> <strong>for</strong> <strong>the</strong> proposed product is estimated at 13,571 tones per annum.The dem<strong>and</strong> is expected to reach 19,930 tones by <strong>the</strong> year 2020.The plant will create employment opportunities <strong>for</strong> 70 persons.The total investment requirement is estimated at about Birr 8.91 million, out <strong>of</strong> whichBirr 687,500 is required <strong>for</strong> plant <strong>and</strong> machinery.The project is financially viable with an internal rate <strong>of</strong> return (IRR) <strong>of</strong> 30 % <strong>and</strong> a netpresent value (NPV) <strong>of</strong> Birr 8.75 million discounted at 8.5%.II.PRODUCT DESCRIPTION AND APPLICATION<strong>Sisal</strong> <strong>and</strong> kenaf fibre is an important raw material required <strong>for</strong> production <strong>of</strong> ropes, cords,door mats, industrial matting <strong>and</strong> various articles like shopping bags, coasters etc. Thedem<strong>and</strong> <strong>for</strong> <strong>the</strong> product is met by local production <strong>and</strong> import.Extraction <strong>of</strong> fibre from sisal leaves <strong>and</strong> kenaf tree is largely done by retting process.The production process is free from any negative impact to <strong>the</strong> environment.
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