Sugarcane or sugarcane straw to glucose for food/pharma industry

Opportunity Description: Sugarcane or sugarcane straw to glucose for food/pharma industry with high profit margin
PRODUCT: Glucose
Sector: Waste Management
Market: Food processing, Pharmaceuticals
Initial Investment Required: Above 500,000 EGP
Details Available:
Market Potential: Food and pharmaceutical industries in Luxor/Qena, Lower, Middle and Upper Egypt and Red Sea. Competing products include imported glucose as well as corn syrup.
Supply: Farmers in Luxor/Qena. Required inputs include sugarcane and sugarcane straw.
Process: Vaporization -> purification -> chemical conversions
Human Resources: Labours, chemists and engineers
Financial: CAPEX is above 500,000 EGP
OPEX is between 150,000 and 500,000 EGP
Risk: High CAPEX, quality control
IMPACT: Environmentally friendly use of waste.
Increase return on agriculture activities.