Gas Tank-Business Plan

Gas Tank-Business Plan - BUSINESS PLAN FOR POLYMER...

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Unformatted text preview: BUSINESS PLAN FOR POLYMER COMPOSITE GASOLINE TANKS Submitted by: Group 11 Lucio Boccacci Jaime Erazo Nick Harm Zack McGill Ryan Posey April 30, 2004 University of Oklahoma HEMIS 1 HEMIS Summary Our goal is to provide large automobile manufacturers with a safe, strong, recyclable, lightweight, affordable, and zero emission polymer composite gasoline tanks. HEMIS manufactures polymer gas tanks that meet the necessary safety standards and exceed current emissions specifications to be installed into passenger automobiles. We intend to sell our gas tanks to large automobile manufacturers so that the tanks may be installed into cars during production. These manufacturers will purchase large numbers of our tanks because ours are superior to current tanks and a large demand for polymer tanks currently exists. We are currently seeking investors to help our business develop and begin production. The initial investment will be used to create prototypes. Prototype tanks will be produced and used to approach potential customers and investors. Additional capital needs to be raised in order to begin full scale production. The following document outlines our business strategy and structure. Project Summary The design was carried out in several stages. The first stage was to examine current gasoline tanks and to investigate safety and emission regulations. Information on current gas tanks was obtained for several reasons. First, it served as a reference point for the project and provided ideas and opportunities to produce gas tanks superior to those currently in the market. The amount of competition for introducing a new tank was also needed. The safety and emission regulations were investigated and identified. The gas tank design had to meet or surpass all of the regulations in order for the tank to be suitable for use in consumer automobiles. The second stage of the design procedure was to identify potential materials. The materials were identified based on their properties and feasibility for use in a gas tank. After identifying the potential materials, the mechanical properties of each potential material, as well as, the diffusion of gasoline through the material was examined. Diffusion and material strength are very important properties. These relate directly to the 2 HEMIS determination of the gas tank wall thickness that would be needed to meet near-zero gas emissions and to produce a gas tank strong enough to meet the safety regulations. Once the diffusion and strength properties were determined, wall thickness can be determined for each applicable material and combinations may be produced if necessary. The third stage was to identify processes that are capable of producing large numbers of gas tanks. After possible processes were found, they were matched with compatible materials. A total capital investment and return on investment was determined for each situation. Based on this return on investment, the most profitable process and material pair was chosen. process and material pair was chosen....
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Gas Tank-Business Plan - BUSINESS PLAN FOR POLYMER...

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