Abstract
GT - R Company is based on Gayang, Tuaran which is situated at the junction of Sabah Oil & Gas and the bridge of Gayang. This junction acts as the connecting point of Tuaran and KK which help significantly in increasing the efficiency of our product and raw material delivery as the nearest plastic factory which is Uniang Plastic Industry Sdn Bhd Sabah. Thus cutting the cost and time of delivery. Our company had invented a machine that can convert plastic into various type of fuel but the fuel that we choose to market is diesel fuel since there are a high number of automobiles that are using diesel as their main fuel. In this case will help significant increase our sales as there are more demand than supply currently in Sabah. We offer a complete solution on reducing waste and converting waste into a more usable commodity. The process of converting this waste to fuel is called as the pyrolysis which is thermal decomposition f organic material or inorganic material at elevated temperature in the absence of gases such as air of oxygen. The process, which requires heat, produces a mixture of combustible gases, liquids and solid residues. Our diesel fuel product is better than most of the diesel fuel marketed since our Cethane number (diesel fuel rating of combustion which is equal to octane rating for fuel) is averaged at 51 to 54 which is at the Super level of cethane rating based on Petronas measurement. This high cethane number lends to high efficiency of combustion which equals to increase in fuel efficiency and low sulphur produced with this being said despite that we are new to the market, we can still have the edges to compete with the Giant company in oil & gas industry.
Metadata
| Item Type: | Entrepreneurship Project |
|---|---|
| Creators: | Creators Email / ID Num. William, Adlie Putera Willie 2014678228 Cornell, Walferd 2014825084 James, Hebron 2014219192 Gaban, Aaron Shapiro 2014436552 Arola, Zul Isyma 2014837876 |
| Subjects: | H Social Sciences > HB Economic Theory. Demography > Entrepreneurship. Risk and uncertainty |
| Divisions: | Universiti Teknologi MARA, Sabah > Kota Kinabalu Campus > Faculty of Applied Sciences |
| Keywords: | Marketing Plan, Operational Plan, Financial Plan, Entrepreneurship |
| Date: | 2016 |
| URI: | https://ir.uitm.edu.my/id/eprint/121574 |
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