Hand sanitizers are needed to fight against COVID-19.  Their traditional formulations are based on isopropyl alcohol, the price of which has increased from Rs. 80 to Rs. 200 per litre now. Hence, it is not viable to use the same.

On the other hand, de-natured alcohol is available without any need for permit to the manufacturers of hand sanitizers, at a landed cost of Rs. 65 per litre. The total cost of production for hand sanitizer with a formula containing minimum 75% alcohol (v/v), and with a viscosity of   250-300 cSt will be Rs. 160 per litre (including the primary packing in 200 ml flip-on cap bottles / 500 ml pump bottles), while the MRP fixed by the Government is Rs. 500 per litre (including 12% GST for disinfectants).

Apart from serving the society by helping our people to get the most needed hand sanitizers, the project is also profitable. It needs an investment of Rs. 50 lakhs on the Plant and machinery, including import duties, erection and commissioning, electricals and testing equipments (except land & building), and also Rs. 20 lakhs of working capital. The production capacity is 50 litres per hour or 500 litres per day, based on 10 -12 hours of working.

The project needs 1,000 sq. ft. building, 30 kW power and 10 -12 workers & supervisors (mainly for packing). There is no generation of any pollutants. The hand sanitizers will be packed in 200 ml / 500 ml bottles for households & also in 2 litre / 5 litre cans for hospitals / healthcare workers / industries / business houses. All the raw materials and ingredients are available in India. In future, there is also a good export potential.

The yearly sales can be 1,50,000 litres or Rs. 4.05 crores and the yearly  profits can be Rs.1.65 crores, assuming the sales margins of Rs. 110 per litre. The payback period on the investment is less than 6 months. The lead time to start the production is 3 months from the date of placing orders on the equipments.

GoodRich offers the complete project for hand sanitizer making plant. The equipments include Fusion Blender (imported from Europe, which can mix any immiscible liquids at molecular levels), pre-cooling, pre-mixing & storage equipments in stainless steel and also packing & sealing machines. GoodRich will provide the required formulations, especially to mask the strong odour of denatured alcohol, by fusion- blending of natural ingredients.