@Millionboi2,

Absolutely. Safety standard & precautions must not just match but exceed industry regulatory standards. This is a competitive edge.

May I seize this glorious moment to wish everyone a prosperous new year.

The Primary Supplier
The Primary supplier is also a trade merchant but a primary/raw material merchant. He buys the chemical raw material at wholesale from the miners and supplies directly to the production industries. His position in the chemical value chain is intermediate. He is a key player in the entire value chain but specifically to the production industries who need it as a raw material for producing many chemical based products.
On the financial level, he benefits from the win-win structural arrangement of the industry and if his marketing is not wack, he averages good return from his investment.
On the literary sense, he is a tight-knitted personality, a master planner, a goal getter who identifies his target market, meets them and gains economics of leverage on client base.
Like him or not, his overall contribution to the industry is primary but beneficial.

The Chemical Exporter
The development of the Export market in Nigeria has been a positive one. The uptrend is largely due to the advancement of Information Technology and the downside fortune of the crude oil market forcing investors and government to explore alternative markets.
In line, the chemical export industry holds vast potential that is highly untapped. The primary raw materials for the production of many chemical based products are minerals with a huge deposit in the country. For example, sodium benzoate is a preservative for the production of envelope gum. It secondary raw materials is sodium hydroxide and benzoic acid while primary raw materials are sodium chloride and gum benzoin which occur in nature. Another example is Calcium Carbonate which is a filler for the production of shaving powder. Its raw material is simple limestone mined from the earth. What of Zinc chloride? Its anhydrous form is an activator for the production of glass bottle adhesive. One of its primary substituents is Zinc which is a mineral deposit.
On the geographical sense, Nasarawa, Ebonyi, Plateau, and others hold a vast potential of our wealth in mineral resources and by research, the country’s financial wealth will sour greatly to over 5trillion Naira per annum if its vast resources in minerals are to be tapped.
The chemical exporter is a leader, a trail blazer and an economy booster and his business acumen and deft business moves will impinge the economy but in a positive sense. Venturing as a chemical exporter is very rewarding for savvy entrepreneurs who have good knowledge of the export market.

The Chemical Consultant
The chemical industry won’t develop effectively without the input and contribution of the chemical consultant. He can be an individual or an entity that has great knowledge of the chemical industry and can give expert advice.
If you have done your basic and have earned a reputable profile in any of the chemical business value chains and it spans for a considerable period in years, I want to encourage you to become a consultant. Owners of chemical based businesses are very concerned about productivity and business bottom line, and as a result will hire consultants to supplement their staff and save the bloated cost of hiring a full-time employee.
Their job description is a simple one. Consultants aim to improve their clients or organization’s position or profile in the marketplace by helping to solve problems, manage change and improve efficiency.
Furthermore, a consultant has the benefit of flexible work schedule; he can work as a full time, part time, an independent or an employee consultant in large organizations.
A chemical consultant is an invaluable asset; a harmonizer, a professional team player, a change catalyst and a bridge maker.
Financially, it is very rewarding. They earn from the fees they charge for their services which can be neck- breaking ranging from hundreds of thousands to millions of naira over time. This is because they solve intractable problems and the growth and development of the industry depend to a large extent on their expertise.
Overall, their contributions are positive and well respected by the public and stakeholders in the chemical industry.
The Chemical Broker
In a less regulated chemical industry, a broker also referred to as an agent or an intermediary can bridge the value chains and foster more business relationship, enabling the other chain players to work more efficiently and effectively.
A chemical broker is a match maker; a linkman, a deal broker and a buffer between the buyer and the seller. A broker can say certain things to a buyer and certain things to a seller and wind up with a productive discussion. He is different from a chemical supplier as a chemical supplier is an established tradesman. He is also not a facilitator as his primary concern is on deal making and less of leading the industry.
He is also different from a supplier and the facilitator as his remuneration is commission based. His commission is his insurance and wholly depends on the size of the contract he brokers.
For those desirous to partake in this industry but have no startup capital, you worry no more as brokerage services have come to stay. The era of tight industry regulations and monopolistic tendencies is given way for an open system. This is due to civilization and advancement in Information Technology making the world a global village with complementary positive gains in convenience and leverage.
Now, in the chemical brokerage, there is something called “Finder’s fee”. This is a fee charged by brokers for making a deal. As stated before, it is commission based and the industry standard is 5-10% of the size of the deal. Overtime, this can pull one out of financial doldrums and re-establish him on a higher pedestal.

The Business Analyst
Business analysis has emerged as a core business practice in the 21st century. As a vital link between a firm’s information technology capabilities and its business objectives, skilled business analyst contributes to the profitability of companies, large and small, in almost every industry.
The Business analyst is important in the chemical industry as they help it seize opportunities presented by a rapidly changing marketplace, by preparing you with the skills modern organizations need to remain competitive.
In today’s complex business environment, an organization’s adaptability, agility and ability to manage constant change through innovation can be key to success. Traditional methods may no longer lead to reaching objectives when economic conditions are unfavourable. That is where business analyst comes in.
To venture as a chemical business analyst, one needs to acquire core business skills and specialized knowledge which will include excellent and verbal communication, system concepts, cost/benefit analysis, business case development, modeling techniques, methods, and leadership.
Furthermore, finding success as a business analyst takes a commitment to your career and proper planning. This is because of economic conditions and business changes faster than ever.
Overall, a business analyst is a tactful diplomat; a great communicator, a problem solver, a thinker and an analyzer with the ability to engage with shareholders to understand and respond to their needs in a rapidly changing business environment.
Financially, he is well remunerated if employed by reputable firms who desire to be a market leader in their niche market.

The Marketer
The chemical industry can never be complete without the efforts and contribution of the product marketer. Promotion has its place; creating the necessary awareness of the product to the general public. New releases and new product line testing can be the avenue for the marketers to show his skills and strategies. Hence for any company that wants to be a market leader or to be a big deal, marketing should be at the forefront of its plans.
The marketer might either be employed by an organization or an open position available to any willing individual or interest group. It also opens an opportunity for anyone to position in any of the value chains. Most organizations that have a product to offer the public would welcome any individual who is willing to promote and sell their products. All one need is to get their product and look for avenues to promote them and earn finder fees in return. This is referred to as affiliate marketing; affiliating to promote someone else product.
Working as a marketer in a conventional company or in an open marketplace can also be rewarding. This is due to fact that product companies understood that marketing is the life of their business and if they eased up on marketing, they will get lapped. Often they are compensated based on sales or referrals they have made for the business.

4TH

Your economic security does not come from your job or from the patronage of other people; it comes from your ability to meet needs and solve problems. Keep investing in those abilities and you will have endless opportunities.

8th

FUTURE OF THIS INDUSTRY
There has been marked increase of new entrant into the industry over the years and as more investors are putting their seed into this industry. All we see is successes, hopes, and opportunities. The economy of the country is regaining strength after years of economic hardship. We sincerely believe that with adequate power, infrastructure and manpower development, the industry will go in leaps to for the benefit of all.
It is a huge market and everyone with the necessary capital and knowledge would tap the business opportunities it presents. Nothing is so powerful than an idea whose time has come, and the time has come to invest rightly by investing in the chemical line of business. The income earning potential on the full scale can give one a lifestyle of choice, leveraging on the increasing population of this country.

On a micro-level, it is a corporate challenge. A corporate challenge is an industry challenge. Companies should map out it's strategic imperatives and tactical initiatives in tackling it's dynamic cases. Nigeria runs a consumption based economy. A cake consumption instead of cake baking economy. It is an open and begging opportunity for more investment in the chemical production and manufacturing business. And with a population of over 160 million who have to depend on the chemical products to survive, it becomes necessary to start a chemical business of your own. Surely, anyone can start and can start in small scale and with the necessary skills, information, and knowledge, success is assured.

Does your manual contains all you are posting?

@ donvicky2007,

The "Production Manual" contains all and has rich contents.

24th

To raise finance to start up your small scale production of many of the chemical based products, you can leverage on the Market moni loan scheme of the Federal government which does not require a collateral. Interest is 5% and payback period is 6 months.


This loan is being disbursed to market women, traders, artisans, enterprising youths and small scale farmers and agric workers.

Requirement:
You must belong to a registered and accredited market association, cooperative or trade group.
You must have a valid BVN.
Your market association, cooperative or trade group must nominate you for a loan and must be willing to stand in as your guarantor.
Your market association, cooperative or trade group must be registered with BOI.
You must have a business location which will be verified by MarketMoni agents.

100 UNCONVENTIONAL SOURCES FOR CHEMICAL BUSINESS FUNDING
In today’s business world, big banks are tightening up more than ever, and venture capitalists are becoming more careful with their investments. So now’s the time to get creative with entrepreneurial finance and seek out sources you might not have thought of to start your chemical business. Now, you can try a couple ideas and it might be your saving grace.

TACTICAL MEASURES
Desperate times call for desperate measures. Some of these ideas are for the truly insane entrepreneur. It’d be a good idea to speak to a financial advisor first if you’re considering any of these.
1. Assistance from Religious Groups: Obtain loans from religious bodies you are associated with.
2. Title loans or Tangible Asset: If you’ve paid off your car, a house or land, you can get a title loan against its value, similar to a home equity loan.
3. Talk to a small business finance expert: Some business financial expert are real gurus. They can help you raise capital in ways you never know. You can give it a try.
4. Whole-life insurance: You can borrow against your whole-life insurance policy, but be careful not to default, terminate your policy, or die.
5. Sell your share certificate to raise money: Do you have share in the stock exchange? You can consider trading them off.
6. Home equity: A lucrative funding source just might be where you rest your head at night. Of course, if you screw up, you just might end up not living there any more.
7. Retirement accounts: Raid your Retirement savings to put the money into a more here-and-now investment.
8. Start as a Consultant: If you have knowledge in an industry but lack the money to set up a business, you can start as a consultant.
9. Save it up: Give yourself 1 or 2 years probation to save up. This require absolute discipline but you can do this, then you comfortably start your dream business.
10. Money lenders: Approach money lenders in your area to lend you money with interest. Loan companies offer outright loans to businesses who otherwise wouldn’t qualify for anything through big banks.


To be continued................

11. Make money from your hobby: What do you like doing? It can fetch you some money to start up a business.
12. Join a co-operative society or thrift organization: There are co-operative society and they can give you financial assistance if in need. You join them, save a minimum of six months, which qualify you twice the amount of your savings.
13. Advance Salary loans: If you are a salary earner, you can obtain an emergency loan which will get deducted overtime.
14. Family and friends: Getting a loan from someone you know works, but make sure to put it all down on paper, and never waver on your payments unless you want to ruin your relationship.
15. Take in a partner with cash into your business: Going into partnership with someone with deep pocket is a good idea but ensure agreement and condition is clear and signed.
16. Online business: Opportunities abound on the world wide web. Look for online businesses or jobs you can do to make money. You can try blogging, affiliate business, freelancing, information marketing, network marketing, brokerage etc.
17. Mutual Aid Programs: If you are willing to take risk, maybe in the short term period, you can join a mutual donation platforms to raise funds.
PERSONAL FINANCE
Get creative with your personal accounts and assets to find money for your business.
18. Liquidate assets: Sell anything you have that’s valuable to raise funds. This can be your house, car, a copyright or a patent right.
19. Downsize costs: Find money in your own personal budget by cutting back on entertainment, clipping coupons, and tightening up your finances.
20. Keep your day job: Keep a steady income while you’re earning from your business so you’ll always have a dependable source of funds.
21. Get a second job: If one job isn’t enough, take on a part time job and earmark the funds for your business.
LOW LEVEL LENDING
Who needs a huge corporate bank? Turn to smaller banks and individuals to get the money you need.
22. Bartering: Income doesn’t have to mean cold, hard cash. Trade with other businesses for the equipment and services you need.



To be Continued..............

23. Online Loans: Apply for loan online from websites such as paylater, Aella Credit, C24, KiaKia, OneFi, Renmoney,Rosabon, Quickcheck, Zedvance ltd,Onefinance,Addosser, Purple money etc.
24. Microloans: These startups offer microloans to entrepreneurs e.g Renmoney,Rosabon, Quickcheck, Zedvance ltd,Onefinance,Addosser, Purple money.
25. Fund Scheme: You can get funds for your business through Social Intervention fund of the Federal Government, Grofin fund, Tony Elumelu fund, Lagos state Employment Trust Fund etc.
26. Industry leaders: Ask individuals and businesses that are leaders in your industry for a loan. They’re more likely to be sympathetic to your needs and understand your goals than big banks.
27. Ask for advice: Advisors often want to put money behind their involvement, so find loan opportunities by seeking out help.

CREATIVE FINANCING
Check out these ideas for truly creative ways to find extra cash through innovative programs and even more risky lending.
28. Vendor financing: Discuss payment and leasing options with your vendors so you don’t have to buy supplies and equipment outright.
29. Assign a CD: Get instant gratification on a certificate of deposit by assigning it.
30. Revolving loan funds: Get a loan through a revolving loan fund, and once you’ve paid it back, it can be used by another budding entrepreneur.
31. ESusu: ESusus are just like a revolving loan fund, except the system is managed among a group of peers. Use a Esusu to pool your money, and you’ll each get a turn to use it and repay it.
32. Asset sales: Sell an asset like computer equipment to someone you trust, and have them lease them back to you for a fair price. You’ll get a nice amount of capital that you pay back over time.
33. Commercial finance lines: Often used by franchisees, commercial finance lines are similar to vendor loans and are used for small-ticket equipment.
34. Gofundme.com: This is an online avenue for obtaining grants and the beauty of this medium is that such grants are not repaid. A lot of people have benefited from this site, as such. Nigerians too should benefit by logging on to the site for further enquiries.
35. Purchase order financing: Just like advance pay programs, purchase order financing gives you a loan based on projected future earnings.
36. Supplier guarantees: Use a financial institution to guarantee that any receivables will be paid directly to your suppliers.


To be continued.............

12th

13th

In the spirit of the Valentine, we are offering a 50% price slash on each copy of the *Production Manual*. Now, you pay less because it is valentine.

Terms & Condition: Price slash only on Valentine week.

How much do you sale your ebook for lubricant.

28th

Happy worker's day, Nigeria.

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Happy new month.I wish a blessed month to all.

Lubricants

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21st

Lubricant factory is available for sale

Preventative measures should put in place.

15th

Production Manual available in both hard and soft copies

The grease can be softened with petroleum jelly or lanolin which must be mixed when both are hot or boiling.