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Date pits to fibres for food and pharmaceutical industries

Opportunity Description: Date pits to fibres for food pharmaceutical industries as a cost competitive organic ingredient to replace synthetics
PRODUCT: Date-pits fibres
Sector: Waste Management
Market: Food processing, Pharmaceuticals
Initial Investment Required: Between 150,000 EGP and 500,000 EGP
Details Available:
Market Potential: Sold to food processing plants and pharmaceutical companies in the Delta. Competing products include Synthetic alternatives.
Supply: Date-pits from farmers in Luxor/Qena, rest of Upper Egypt and the Red Sea, and in the Delta
Process: Washing -> drying -> grinding -> separation
Human Resources: Labour, operators, technician
Financial: CAPEX is between 150,000 EGP and 500,000 EGP (cost of machinery)
OPEX is less than 150,000 EGP
Risk: Managing supply chain and maintaining quality of production
IMPACT: Environmental: Organic replacement of synthetic material
Social: Increase return on agriculture activities