WASTE TYRE TO FUEL CONVERSION PLANT
KETOS RESOURCES LTD
Joltosin@yahoo.com
+234-8056202723
KETOS RESOURCES-INNOVATIVE RECYCLING
MISSION
• KETOS resources, as the IR agent, is a Recycling company
dedicated in its designated area , to convert waste tyres
and plastics into commercial viable products, utilizing
environmentally friendly recycling and manufacturing
methods. We intend to make enough profit to generate a
significant return for our investors and to finance continued
growth in the recycling arena in Africa. We will also
maintain a friendly, fair and creative work environment,
which respects diversity, new ideas and hardwork.
INTRODUCING INNOVATIVE RECYCLING
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Supplier of Tyre to fuel Conversion Plant
IR has the sole distribution rights of the Tyre to Fuel Conversion Plant for
Africa
IR will order , import and commission on the Tyre to fuel conversion Plants
IR will together with the manufacturer of the tyre to fuel conversion plant,
design the layout and advice on the construction of the building/premises
IR will train the personnel of the agency in the operating and maintenance of
the tyre to fuel conversion plant
BASIS FOR SALE OF AGENCY
• Purchase price of $1.95 million for the plant including the
distillation units ( excluding taxes)
• In the first year of full production a management fee equal to 7.5%
of turnover will be paid monthly to IR by the agency. In the second
year, this fee will be 5% and in the initial third and subsequent years
3% will be levied
• Each agency will be assigned to a dedicated area of operation
• 50% deposit is required when the agency contract is signed and the
order placed with the manufacturer. The balance is payable when
the plant arrives in Nigeria and a bank guarantee needs to be issued
for this balance
Included in the price are:
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2 x Pyrolysis reactors
Combined air filtering units ( stage 1and 2)
Condensing system
Small plant fuel storage tank
2 x 50,000 litres storage tank
Waste gas purifying system
Gas and fuel burning system for heating of plant
Training of personnel in the operating of the plant
1 x wire separator machine
1 x 15000 litres /day Distillation Plant
1 x tyre shredder ( max. 1.2 meter diameter)
1 x water cooling tower system
Front-end loader / forklift
Not included in the price are:
• Property
• Site preparation
• Buildings
• Recruitment of personnel
The cost of which have been put to N50,000,000
($330,000) to be taken care of by the investor.
THE PLANT
• The system is designed to process a large variety of plastics ,rubber
and waste tires.
• The system can tolerate up to 25% other contaminants such as
glass, soil, metals, moisture, etc.
• No sorting or washing is required before processing.
• System is modular in design to allow for easy expansion
• Capacity of each module is approximately 20 tons of waste plastic
and/or rubber a day.
• From 25 tons of waste /day you get at least 11,250 liters of crude
fuel/day.
• This crude oil can be used for industrial burners and boilers.
• If the crude oil goes through a secondary distillation it is converted
to 9,500 litres of Diesel/day.
TYRE SHREDDER AND PYROLYSIS REACTOR
PRODUCTS
The following products are produced on a daily basis
• Crude oil and can be converted into 9500 litres of diesel by adding
a distillation process.
• Carbon black 10 tons/day
• Steel wire scrap metal 2 tons/day
FINANCIALS
Assumptions
The following assumptions are applicable to all the financials:
• All amounts are quoted in USD.
• 24 hours working days (3 shifts)
• 25 working days per month (6 days a week)
• Selling price of plant fuel – $0.6 per litre
• Selling price of scrap metal – $60 per ton
• Selling price of black carbon – $100 per ton
• No Government taxes are included in figures
• No cost of capital is included
• Estimated cost of a property is included
CAPITAL COST
• Machineries, importation, commissioning and training of personnel
= $1.95 million
• This cost from the investor have been put to $330,000.
• The total capital investment shall be $(1.95 million + 330,000) =
$2,280,000. (N 360,000,000) 1 USD= N 157
BUDGET INCOME AND EXPENDITURE FOR 15
MONTHS
INCOME
DESCRIPTION
Startup
M1 to M3
Quarter 1
Quarter 2
Sale of products
Steel 2 ton per day @ $60 per ton
9,000
Diesel 9000l per day @ $0.60 per liter
427,500
Black carbon 8 ton per day @ $100 per ton
75,000
9,000
427,500
75,000
TOTAL INCOME
511,500
0
511,500
Quarter 3
9,000
427,500
75,000
511,500
Quarter 4
Year 2
Total
9,000
36,000
427,500 1,710,000
75,000
300,000
72,000
3,420,000
600,000
511,500 2,0 46,000
4,092,000
CAPITAL EXPENSES
DESCRIPTION
Start‐up
M1 to M3 Quarter 1 Quarter 2 Quarter 3
Plants
Cost of 2 conv. Plt 1,950,000
Shredder
Forklift/front loader
Water cooler/distiller
Storage tank (fuel)
Distillation Plant (opt)
Cost of Land ppty
330,000
Working Capital
190,000
Total Waste Tyre Plt 2,470,000
Quarter 4
Year 2
Total
1,950,000
0
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0
0
0
0
0
0
330,000
190,000
2,470,000
SUMMARY OF FINANCIALS
DESCRIPTION
Start‐up
M1 to M3
Total Expenses 91,650
Capital Ex
2,470,000
Total Income
0
Net Cash flow -2,561,650
Quarter 1
120,113
0
511,500
-2,170,263
Quarter 2
Quarter 3
120,013
123,113
0
0
511,500
511,500
-1,778,775 ‐1,390,388
Quarter 4
Year 2
204,013
816,050
0
0
511,500
2,046,000
-1,082,900
147,050
Total
1,919,318
1,900,000
4,092,000
147,050
PROPERTY AND FACTORY
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It is advisable that the Agency owns the property where the factory
and plant will be erected.
The property should not be smaller than 8 hectares.
The property should be accessible by tar road.
A factory of 1000 sq meters should be erected.
At least 5 hectares should be allocated for the storage of waste
tyres.
PERSONNEL
The following personnel will be appointed and trained to operate the
plant:
• Plant manager
• 9 Labourers for Tyre to fuel conversion plant
• 1 Financial person
• 1 Administrative person
FACTORY LAYOUT
LET ‘S STOP THE WASTAGE AND POLLUTION
WHAT WE WANT
• WE WANT THIS TO BE A STATE/PRIVATE SECTOR
PROJECT
• WE WANT US TO WORK TOGETHER TO TURN LAGOS
WASTE TO WEALTH
• WE WANT JOBS TO BE CREATED
• WE HAVE DEPENDED SO MUCH ON PETROLEUM WE
NEED TO DIVERSIFY
BUILDING A STRONGER ECONOMY