The discourse on reintroducing plastic taxes has resurfaced and is predicted to be implemented in 2024. This simultaneously opens the potential for increased prices of fast-moving consumer goods (FMCG) products, some of which use plastic packaging.

FMCG refers to consumer products that sell quickly and are frequently purchased by consumers over a short period of time, such as personal care items (soap, shampoo, toothpaste), food and beverages (nuggets, instant noodles, bottled water), and household cleaning products (detergent, floor cleaner, dish soap).

To address this, various innovations are being pursued, including the use of more environmentally friendly FMCG packaging. According to the Ellen MacArthur Foundation report, by 2050, there could be more plastic than fish in the oceans.

As a result, the FMCG industry is moving quickly to take significant steps to ensure plastic does not pollute the earth. One approach involves conversion actors, manufacturers, and retailers actively seeking ways to create environmentally friendly products and increasingly sustainable supply chains.

By doing so, the FMCG industry helps to realize a circular economy: an economic system aimed at eliminating waste and encouraging the sustainable use of resources.

Through a commitment to developing increasingly sustainable packaging solutions for consumer products and connecting circular supply chains, FMCG companies of all sizes can meet demand while keeping harmful materials away from the environment.

Running a business in the livestock sector is promising and a smart choice. This industry offers significant opportunities and requires relatively affordable capital, making it highly appealing. Additionally, the use of a corn husking machine simplifies the production process from raw corn materials.

The Central Statistics Agency (BPS) reports that chicken meat and egg consumption in Indonesia continues to rise each year. This indicates a growing demand for chicken as a source of animal protein. One of the primary raw materials for the chicken feed business is corn, which can also be diversified into corn rice, corn flour, corn starch, and other products. To produce quality chicken feed, several factors must be considered, including nutritional value, nutrient content, moisture content, and texture.

To start and develop a chicken feed business, initial capital is needed to purchase equipment, raw materials, and business premises. Operational capital covers production, distribution, and promotion costs, while additional capital is required for machine maintenance, product development, and other expenses.

Estimated costs for each component are as follows:

• Equipment: IDR 10 million – IDR 20 million
• Raw materials: IDR 5 million – IDR 10 million
• Business premises: IDR 5 million – IDR 15 million

Operational capital:

• Production costs: IDR 3 million – IDR 5 million per month
• Distribution costs: IDR 2 million – IDR 4 million per month
• Promotion costs: IDR 1 million – IDR 3 million per month

Additional capital:

• Machine maintenance: IDR 500 thousand – IDR 1 million per month
• Product development: IDR 1 million – IDR 2 million per month

Based on these estimates, if you plan to start a business with a production capacity of 1 ton of feed per month, the total capital required would be approximately IDR 20 million for equipment, IDR 6 million for operational capital per month, and IDR 1.5 million for additional capital per month. Thus, the total initial capital needed would be around IDR 27.5 million.