This is due to an increase in biodiesel and bio-fuel
products. This valuable community is reusable and attracts a huge market and
demand.
Industrial statistics show that recycled cooking oil
generated over $4bn with an annual growth of 0.7% in 2016. The reason for this
growth is predicated on renewable fuel standardization and improved technology.
Investors eager to launch a cooking oil business need to
study industrial trends and invest in technology. To start the business you
need startup funding, factory location, staff, transportation and equipment.
Other requirements are company incorporation, effective
marketing strategy and sourcing raw material.
Why Recycle
Cooking 0il
Cooking oil is hazardous to the environment. The oil
blocks drain-pipes and cause sludge while polluting waterways. Waste oil is recyclable
and an important ingredient in many products.
Products
Obtainable from Recycled Cooking Oil
There are lots of products obtainable from recycled oil.
More products are added to the list because of development in technology and
oil processing techniques.
Some common products include cosmetics, animal fees, pet feed,
soaps and detergents. Others are biodiesel, biofuel, greases and lubricants.
- Biofuel
- Greases
- Lubricants
- Biodiesel
- Soaps
- Cosmetics
- Animal feed
- detergents
Marketing
the Recycled Cooking Oil
There is a huge market for recycled coking oil. The
recycled yellow oil is used in the production of animal feed. Therefore animal
feed producers are major buyer of the product.
More markets are organic chemical manufacture including
soap/cleaning agent manufacturers. Others are utility companies including
cosmetic and beauty product manufacturers.
- Animal feed manufacturers
- Organic chemical companies
- Soap making companies
- Cleaning compound manufacturers
- Utility companies
- Beauty product manufacturers
- Cosmetic industry
Cooking oil
Collection and Yellow Grease Processing
Food
businesses are mandated by law to dispose of organic waste products. They
therefore need the services of a certified collection and supply company.
The
recycling company should have appropriate certification and waste disposal
equipment. The yellow grease is collected from industrial deep fryers common to
restaurants, eateries and fast food outlets.
Previously
restaurants paid collectors to handle the waste oil. However they now charge
the collectors a small amount for the service.
Offer
your customers an efficient and reliable collection service and provide
airtight containers. The container should be odor proof, hygienic, easy to move
and safe.
Services
You
companies main service is collection of waste oil. However expanding into
supply of fresh oil is another money spinner.
Therefore
offer your client a pickup and delivery service. The products you produce are
also sold to the appropriate industry.
Processing the Oil
As
a commercial cooking oil recycling company you need to collect the oil
regularly. The oil is collected in a sealed bin and transported to your sites
storage tanks.
Heat
is applied to the waste oil, cleaned and then filtered. The filtered oil is the
sent to a biodiesel plant for further processing.
Other
conversion techniques are applied to achieve different products such as
industrial paints, soap and lubricants.
Registration and Licenses
You
need to acquire an organic waste carrier license. You need a trade license and
insurance cover. Some tests to perform include STEER, PEST and SWOT tests.
Cost Considerations
Cost
considerations include profit/loss account and purchase of waste oil. Other benchmarks
are wages, rent, utilities, equipment maintenance and marketing.
1 comments:
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