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Date pits for cosmetics

Opportunity Description: Date pits for cosmetics as an organic ingredient to replace chemicals
PRODUCT: Date-pits oils extraction
Sector: Waste Management
Market: Cosmetics industry
Initial Investment Required: Between 150,000 EGP and 500,000 EGP
Details Available:
Market Potential: Sold to cosmetic industry in the Delta. Competing products include chemicals used in cosmetics
Supply: Date-pits from farmers in Luxor/Qena, rest of Upper Egypt and the Red Sea, and in the Delta
Process: Washing -> drying -> grinding -> extraction
Human Resources: Labour, operators, technician
Financial: CAPEX is between 150,000 and 500,000 EGP (mainly cost of machinery)
OPEX is less than 150,000 EGP
Risk: Managing the logistics of supply chain and quality control
IMPACT: Environmental: Environmentally friendly use of waste
Social: Increase return agriculture activities and exports