Abstract
There are a lot of businesses in Malaysia that we can enter, either to enter an existing industry or create a new business. This would be depending on a demand of a consumer and supply from supplier. In order to plan a business proposal, we list down some of an interesting business. But, after make an analyzing, we are decided to choice to make a business based on a demand of high quality of fibre from Empty Fruit Bunches of palm oil. We name of our business is the 'FIBRETEX (M) INDUSTRY'. Form of our business is partnership. Malaysia's successful palm oil industry has one of the most extensive networks of estates and mills throughout its states. There are currently more than 300 palm-oil mills operating in Malaysia, processing palm oil from some 2.5 million hectares of palm oil estates, producing more than 8 million metric tones of Empty Fruit Bunches and more than 13 million metric tones of fronds annually. These wastes are either burnt off or left for mulching on the ground. This is very costly process, both environmentally and economically. The opportunity of turning palm oil waste into something useful has led to the formation of Fibretex (M) Industry. Armed with a wealth of expertise, highly technical resources, and a vision to add value to waste, Fibretex has successfully turned empty palm oil fruit bunches and fronds into high quality fibre. Being a pioneer in this field, Fibretex engineered a new revolutionary process which included specially patented machinery to process waste into fibre. These fibres, available in three grades, can be processed into many different types of value added downstream products. The result is an endless array of possibiliiies, ranging from agricultural applications to hightech materials.
Metadata
Item Type: | Entrepreneurship Project |
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Creators: | Creators Email / ID Num. Md Said, Zuraidawati UNSPECIFIED Man, Sharipah UNSPECIFIED Ariffin, Siti Khalijah UNSPECIFIED Abd Rashid, Wahidah UNSPECIFIED Kassim, Maslina UNSPECIFIED |
Subjects: | H Social Sciences > HD Industries. Land use. Labor > Management. Industrial Management > Planning. Business planning. Strategic planning H Social Sciences > HD Industries. Land use. Labor > Manufacturing industries |
Divisions: | Universiti Teknologi MARA, Kedah > Sg Petani Campus > Faculty of Business and Management |
Keywords: | Empty Fruit Bunches, palm oil |
URI: | https://ir.uitm.edu.my/id/eprint/57576 |
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