To establish a soybean oil factory in Bangladesh, many factors need to be considered comprehensively. The following is a detailed introduction:
Preliminary preparation
Market research: Gain an in-depth understanding of the edible oil market in Bangladesh, including local demand for soybean oil, consumption habits, market competition, and price trends. According to statistics, Bangladesh’s current annual demand for edible oil is about 3 million tons, of which soybean oil and palm oil together account for about 85-90% of the total demand, and the demand is growing steadily.
Determine the production scale: Determine the appropriate production scale based on market research results and your own investment capabilities. For example, it is planned to produce 10 tons of soybean oil per day in the early stage and gradually expand the scale as the market expands.
Choose a suitable factory site: Consider transportation convenience to facilitate the transportation of raw materials and product distribution; choose a place close to soybean production areas or ports to reduce transportation costs, such as near Chittagong Port to facilitate the transportation of imported soybeans; at the same time, ensure that the factory site The region has sufficient labor resources and relatively complete infrastructure.
Funding preparation
Estimated investment costs: including land purchase costs, factory construction costs, equipment purchase costs, raw material purchase costs, personnel recruitment and training costs, operating funds, etc. Generally speaking, the cost to set up a small soybean oil mill can range from $21,000 to $115,000, while larger mills will require more capital.
Raising funds: The funds needed to build a factory can be raised through own funds, bank loans, finding partners or attracting investments.
Equipment procurement and installation
Production equipment: mainly includes soybean cleaning equipment, crushing equipment, softening equipment, flaking machines, oil presses, filters, refining equipment, etc. For example, the equipment in Huatai Group’s 50TPD rice bran and soybean extrusion project can achieve an efficient production process.
Auxiliary equipment: such as steam boilers, transformers, sewage treatment equipment, etc., to ensure the normal operation of production and comply with environmental protection requirements.
Equipment installation and debugging: Professional technicians will install and debug the equipment to ensure the normal operation of the equipment and the stability of production. At the same time, the operators will be trained on equipment operation.
Henan Huatai supply soybean oil machine, soybean oil extraction plant, any need please email to [email protected]
