Sunday, September 15, 2019
Excel Hygiene
Excel Hygiene is a new start-up enterprise, specialized in the management and disposal of bio-medical waste. The company has been established by a team of biotechnologists with core technical competence in the degradation of organic material using microbes especially naturally occurring bacteria. All health care facilities and institutions need to manage their medical wastes, which include body parts, metallic and plastic disposable parts and aids, as well as waste of both organic and inorganic origins.Large hospitals have incineration and compacting facilities of their own, but clinics and small nursing homes lack economies of scale to operate their own waste management facilities. Though bio-medical waste management and disposal is the intended core of the enterprise, medical institutions expect comprehensive hygiene services comprising removal of pathogenic loads, rodent, crawler, and vector control as well. The new company will therefore have to provide these ancillary services a s well.Personnel training and efficient logistics are the keys to success in this business. Hospitals and clinics will have no hesitation in terminating contracts if waste if not removed in time, or if their infections rates soar. Waste must be compacted and incinerated only in designated areas, and must be collated at these sites before degradation is advanced. Therefore the new company has decided to limit its operations to an area of about one thousand square kilometers.The present market for hygiene services in this area has been estimated to be just about $50 million, but a three fold increase is expected in the next 5 years, as environmental consciousness spreads. Biotechnology is a relatively new field and the number of players is limited in this segment. The business offers superior growth and profit potentials for new start up companies . This kind of enterprise has high social values as well.
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