Business Plan for Expanded Polystyrene (EPS) Building Elements Manufacturing
₦250,000.00 – ₦650,000.00Expanded Polystyrene (EPS) is a thermoplastic material manufactured from styrene monomer, using a polymerization process which produces translucent spherical beads of polystyrene. It is derived from the distillation process of crude oil and is 100% recyclable (Momoh & Folorunsho, 2018).
EPS usage has extended to the building and construction industry and used for over 50 years in various countries. The demand for EPS housing elements is directly derived from the demand for housing of all types. This Business plan is for an EPS panels manufacturing plant in Nigeria to produce EPS elements such as wall panels, floor slabs and fascia for building construction especially residential housing.