|
|
Making a Fortune From Paint Production - By Sulaiman Adenekan
There is no doubt that the beauty of a house lies in the quality of paint
used for its finishing. House paints add value and beauty to both new and old
buildings.
The Managing Director, Lanfo –Taiken Nigeria Limited, manufacturers of Evince
Paints, Mr Babatunde Popoola, says house paints are of different types. These,
according to him, includes emulsion, texture or textcote, flexcote and marble
trowel paints etc.
|
|
Popoola says paints can be produced at a cottage, small, medium and large scale
levels.
According to him, capital required to produce paint ranges from N200,000 to
N500,000 for cottage level; N500,000 to N3m for small scale; N3m-N10m for medium
scale and N10m and above for large scale level.
Popoola says one or two shops are required for cottage, half to two plots of
land are required for small scale, six plots to one acre of land or more for
medium and large scale level of production.
He explains that one or two employees are needed for cottage levels, five to 10
employees for small scale, 10 to 30 employees for medium scale while 30 and
above may be required for large scale level of production.
Popoola, who also trains people on paint production, says that for efficient and
effective management of paint business, some level of education is required
because production involves measurement and calculations and the entrepreneur
must be capable of managing the resources at his disposal prudently.
He lists raw materials used for paint production to include extender, pigment,
solvent, binder and additives of different forms, which he says, can be sourced
from the local market.
Some of the machines required for operations, according to him, include roller
mill, sand mill and attrition.
He says that the manual roller mill which can be fabricated locally for between
N15, 000 and N20, 000 with a production capacity of 60 and 100 gallons per day,
is also needed.
He adds that electric manual mixing machine, which he says, has a production
capacity of 300 gallons of paints per day costs N70, 000 and it is useful for
small scale level of production.
Continued in Page 2
Pages | 1
| 2 |
-> Return to Guide to Starting Your Home Based Internet Business Index
|
