Research Paper
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
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