PROFILE ON PRODUCTION OF BAMBOO FLOOR TILES

 

Bamboo is found in abundance in all the states of southern Nigeria except Lagos and Bayelsa where the distribution is relatively less. The most endowed states in terms of bamboo distribution are Ogun, Oyo, Osun, Ondo, Edo, Rivers, Akwa Ibom, Abia, Ebonyi, Enugu, Anambra, and Imo states. A reconnaissance survey of these states indicate that at least 10% of the natural vegetation is dominated by bamboo with existing bamboo clumps showing appreciable gregarious growth that is contiguous over large areas. Lagos, Ekiti, Bayeisa, Kogi, Kwara, Benue, and Nasarawa states belong to the category where bamboo distribution is frequent. Pockets of banboo clumps wre found in Niger, Taraba, and Plateau states as well as within the Federal Capital Territory. There are 12 states where bamboo occurrence is rare. These are Adamawa, Bauchi, Borno, Gombe, Kano, Kaduna, Katsina, Kebbi, Sokoto, Jigawa, Yobe, and Zamfara. Bamboo are used as list in Table 1.0.

 

TABLE 1: PRODUCTS OBTAINED FROM BAMBOO

 

S/No.

Products

i.

Scaffolding in building industry

ii.

Yam Stakes

iii.

Fencing posts

iv.

Pots for seedlings

v.

Benches in farm houses

Vi.

Window blinds

Vii.

Pulp for paper

Viii.

Ornamentals

Ix.

Walling in riverine houses

x.

Trusses

xi.

Environmental use especially in water shed management

xii.

Medicinal

Xiii.

Flooring

Xiv.

Frames

Source: Omiyale, 1998.

 

This profile envisages the establishment of a plant for the production of bamboo floor tiles with a capacity of 3,600 Units/annum.

The plant will create employment opportunities for 10 persons. The total investment requirement is estimated at about N20.521 million, out of which N3.5 million is required for plant and machinery.

The project is financially viable with the following profitability indices:

 

Average Return on Assets                             63.7%

 Average Return on Equity                            79.1%

 Average Return on Sales                               10.9%

 Average Debt service coverage                     9.1

 Average proportion of Debt                           0.184

 Average proportion of Equity                        0.816

 Average Debt/Equity Ratio                            18.4:81.6

 Average Operating ratio                                76.5%

 Average current ratio                                      2.34

 UnDiscounted Pay back period (yr)                4.1

 Net present Value (N000)                             11543.4

 Internal Rate of Return                                   44.8%

 Break Even point(Based on year1)(Sales)    21206.5

 Fractional capacity utilization                        0.432

 Selling Price N000.00                                   6.5000

 

 

I.                 PRODUCT DESCRIPTION AND APPLICATION

A bamboo floor is a type of flooring manufactured from the bamboo plant. Bamboo has been used as an alternative for flooring because of its physical similarities to true hardwoods. Bamboo floor manufacturers and sellers promote its strength, durability, its eco-friendliness and its natural resistance to insects and moisture. The hardness of traditional bamboo flooring ranges from 1180 (carbonized horizontal) to around 1380 (natural), while newer manufacturing techniques including strand woven bamboo flooring range from 3000 to over 5000 using the Janka hardness test.

 

 

Bamboo flooring comprises of strips of bamboo that are layed in either a horizontal or vertical formation, these are then glued together to form each plank. Due to this form of construction it makes the stability of each board comparable to engineered wood or engineered bamboo flooring. This stability makes it a universal product that can be installed over all types of subfloor.

 

 

II.               MARKET STUDY

 

Bamboo flooring is a type of decorative flooring. It is a high quality product that can be used widely and has a large consumer market. It has many advantages, such as its smoothness, stability, resistance to wear, sound insulation, resistance to dampness, pressure resistance, and flexibility. The bamboo floor has a soft and natural lustre, and

maintains the natural gloss and grain of the bamboo culm. Bamboo flooring is exceptional and unique and very attractive. In order to meet increasing demands for wood-based products, many forests have been over-harvested in recent years. Developing non-tree wood alternatives is one means of solving the problem. Sympodial bamboos grow fast, produce a high yield and can become fully rejuvenated within a few years of cutting. Bamboo is a perfect substitute for some wood based products. Bamboo is highly suited to the production of flooring. Bamboo flooring has some excellent advantages over wood flooring, such as its high strength and size stability, and its special decorative effects, so it is popular and has a large market potential in China, Europe, Japan and North America.

 

 

III.            RAW MATERIALS AND INPUTS

 

In Nigeria, bamboo is widely distributed especially in the south and middle belt region. The distribution of bamboo in Nigeria somehow related to ecological conditions with the rainforest areas having the most abundant distribution.. Bamboo is found in abundance in all the states of southern Nigeria except Lagos and Bayelsa where the distribution is relatively less. The most endowed states in terms of bamboo distribution are Ogun, Oyo, Osun, Ondo, Edo, Rivers, Akwa Ibom, Abia, Ebonyi, Enugu, Anambra, and Imo states. A reconnaissance survey of these states indicate that at least 10% of the natural vegetation is dominated by bamboo with existing bamboo clumps showing appreciable gregarious growth that is contiguous over large areas. Lagos, Ekiti, Bayeisa, Kogi, Kwara, Benue, and Nasarawa states belong to the second category where bamboo distribution is frequent. Pockets of banboo clumps wre found in Niger, Taraba, and Plateau states as well as within the Federal Capital Territory. There are 12 states where bamboo occurrence is rare. These are Adamawa, Bauchi, Borno, Gombe, Kano, Kaduna, Katsina, Kebbi, Sokoto, Jigawa, Yobe, and Zamfara. Though, the current inventory can be regarded as indicative in nature as visits could be made to all bamboo clumps in all the states visited, it can be estimated that bamboo availability run into millions of culms. Thus, the most endowed states  of Ogun, Oyo, Osun, Ondo, Edo, Delta, Rivers, Akwa Ibom, Cross River, Abia, Ebonyi, Enugu, Anambra, and Imo states can successfully support bamboo processing industries. In states where occurrence is observed to be frequent, industries may have to be supported with establishment of bamboo plantations after some few years of establishment of processing industries to prevent the need for long distance journeys for raw materials sourcing.

 


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