Details, Project Costs, and Process Of Start Small Lubricant Oils Blending Plant in Tanzania
Like other petroleum products, Lubricant oils keep Tanzania moving. Without lubricant, all equipment, machinery, and vehicles will eventually stop.
Lubricants are essential to ensure that various machines operate smoothly and do not fail prematurely to minimize operational costs in any organization that uses such devices.
Lubricant Market Size in Tanzania
In Tanzania and East Africa at large, lubricants are either blended/manufactured locally through imported feedstock materials or imported as finished products. The consumption of Lubricant in Tanzania has continued to increase at an average rate of 12% per year, and it is most likely to continue to grow.
What Estimated is the Estimated Investment Costs for a Small Lubricant Plant?
A typical Lubricant blending plant with a capacity of about 1,000 liters per six hours may cost between 60,000US$ and 80,000US. The cost involves mechanical and civil works, electrical costs, machines, and lands.