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Casspro Company Ltd is a startup company venturing into the cassava processing industry with the aim of becoming one of the leading world class cassava processing companies. Casspro is therefore building a large cassava processing plant to process cassava into its major derivatives or by-products. We in Casspro intend cultivating a commercial cassava farm and also buy from solicited out growers in order to have a access to a steady supply of raw materials for the company. Casspro business is to process cassava into starch, High-quality Cassava Flour, Chips, Ethanol and Garri for both the Ghanaian market and the international market.
We are in the cassava processing business because we want to leverage on the vast opportunities available in the processing industry, to contribute our quota in growing the Ghanaian economy, in national food production, raw materials production for industries, to export our products from Ghana to other countries and over and above to make profit.
Casspro is well positioned to become one of the leading cassava processing companies in the world which is why we are determined to source for the best hands and processing machinery to run the business with. We have put process and strategies in place that will help us employ best practices when it comes to cassava processing.
Casspro is a large cassava processing company which when producing at full capacity on average price will make $16,692,000 sales a year. We are producing at 20% capacity in our first year and the expected sale at an average price is $3,338,400 to an estimated expense of $837,416. This indicates that in our first year of operations producing at 20% capacity we are going to make surplus of $2,500,984 (75%).
It is the priority of the government of Ghana to pursue One District One Factory policy and therefore committed to supporting startup companies venturing into Agri processing industry.
2. COMPANY
2.1 Introduction
Casspro Company Ltd is a startup entity in Agona Ahanta, Western Region, Ghana . Casspro business is to process cassava into its major derivatives. The company is building a standard cassava processing plant to process cassava tubers from its commercial cassava farm and out growers into starch, High-quality Cassava Flour, Chips, Ethanol and Gari. Casspro is registered in the name of its founders, John, Francis, Samuel And Gardiner with the Registration General Department of the Republic of Ghana and therefore has Certificate of Incorporation and Commencement of Business. Casspro will be managed by highly skilled, experienced, competent and professionals.
