Research Paper

Topics: Biodiesel, Food, E number Pages: 7 (1015 words) Published: June 21, 2014
CHAPTER 2

MARKET FEASIBILITY

Product Description
The proposed product refined glycerine is derived from the glycerine, a bv product of oleochemicals and biodiesel production. Glycerine is a colorless, odorless, sweet tasting viscous liquid and is also hygroscpic (http://web.cals.uidaho.edu, 2012) which dissolves quickly in water (www.lush.co.uk, 2001). In addition, glycerin may be of animal (tallow) or vegetable (non tallow) origins which are both naturally occurring. According to www.patumoil.co.th (2007), glycerine, after the process of refining for purification to become "Refined Glycerine", it will have glycerine content in a range between 95.0% or more.

There are, at present six (6) profound types of refined glycerine according to the glycerine content after purification. The refined glyrine includes 95.0% Technical Grade, 96% USP (Vegetable-based), 99.5% USP (Tallow-based), 99.5% USP (Vegetable-based), 99.5% USP/FCC – Kosher, and 99.7% USP/FCC – Kosher. Unique selling proposition (USP), FFC, British pertroleum (BP), and Kosher are certifications given to a certain product for its consistency in quality and safety.

The company intends to produce six types of refined glycerin setting up availability of a variety of products for the customers. The company will be the second refined glycerine producer/distributor to be constructed in the Batangas, Philippines.

Product name
The product is crowned as the Teleios-Praetor Chemical 001 – Refined Glycerine or the TC 001 manufactured by the Teleios-Praetor Chemical Co., Inc.. Teleios is a greek work carrying the essence of perfection. The company holds the principle of incompassing perfection into its products, and every related operation tied with it. Teleios does not only mean product perfection but the also, the passion of delivering perfect treatment to the people behind the glory. The name defines the word perfect in most humane and righteous way, devoted to produce products of excellence that takes care of the environment and its people---praetor, protector. COMPANY LOGO TO BE REVEALED SOON

Uses of the product
Refined Glycerine has numerous applications in many different industries like pharmaceuticals and drugs, personal care and cosmetics, foods and beverages, polyether polyols, tobacco, paper and printing, textiles, and many more. Pharmaceuticals and drugs

Refined glycerin is used in medical and pharmaceutical preparations, mainly as a means of improving smoothness, provide lubrication and humectants. Also may be used to lower intracranial and intraocular pressures. It is also used to manufacture suppositories, cough syrups, elixirs, expectorants, capsules, ear infection remedies, anesthetics, lozenges, gargles, etc (lifestyle.iloveindia.com, 2007). Personal care and cosmetics

Based on the information from alibaba.com (2005), refined glycerin serves as an emollient, humectants, solvent, and lubricant in personal care products. Moreover, it also competes with sorbitol, although glycerol has better taste and higher solubility, and because of the non-toxic nature of glycerin, it is used in these cosmetics and toiletries: toothpaste, mouthwashes, skin care products, shaving cream, hair care products and soaps, deodorants, etc.

Foods and beverages
As stated in lifestyle.iloveindia.com (2007), glycerin is used to moisten, sweeten or preserve the following food and drinks: soft drinks, candies, cakes, meat and cheese, dry food, etc. It is also a solvent for flavours and food colouring. And it is used in manufacture of polyglycerol esters going into shortenings and margarine, as well as used as filler in low-fat food products (i.e., cookies).

Polyether polyols
Refined Glycerine is one of the major raw materials for the manufacture of polios for flexible foams, and to a lesser extent rigid polyurethane foams (alibaba.com, 2007). Tobacco
Glycerin is also used in tobacco to prevent the breaking and crumbling during the processing of cigarettes,...
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