Tire Recycling Project
The project is about the recycling of raw materials from used tires such as rubber granules, wires, heavy oils used for lubricating heavy equipment. Rubber granules used in flooring and pallets, and sealants used above buildings, as well as lining for carpets, thermoplastics and rubber mixtures. Damaged tires are an environmental burden on consuming countries because they do not decompose for up to hundreds of years and are a bad health environment if they are burned to get rid of them. Many toxic gases, such as sulfur oxides, carbon and lead, The problem in the Arab countries with the huge numbers added to it each year.
Internal Rate of Rate in Capital Budgeting Measures the Profitability of Potential Investment, it is a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Payback period shows how long it takes for the return of investment, it does not show what the return on investment is.
|Total Capital of the Project||:||300,000 OMR|
|Internal Rate of Return||:||36 %|
|Payback Period||:||3 years|
Financial Indicators can fluctuate according to total invested capital of the Project, This Project can be established with different Total Capital depending on size of Project.
• Rubber Granules • Steel Wires • Heavy Oil