Open AccessTechno-Economic Analysis on the Production of Copper Oxide Nanoparticles by Green Synthesis Method using Abultion indicum Leaf Extract on an Industrial Scale
Author(s) -
Regi Fadila Putra,
C Satari,
R S Sidqi,
Silmi Ridwan Putri,
Asep Bayu Dani Nandiyanto
Publication year - 2021
Publication title -
international journal of research and applied technology
Language(s) - English
Resource type - Journals
eISSN - 2810-0662
pISSN - 2807-7229
DOI - 10.34010/injuratech.v1i1.5667
Subject(s) - gross margin , payback period , profit margin , profit (economics) , gross profit , economic feasibility , economic analysis , return on investment , raw material , net present value , investment (military) , net profit , production (economics) , industrial production , business , agricultural economics , economics , finance , chemistry , macroeconomics , microeconomics , political science , law , organic chemistry , politics
The purpose of this study was to evaluate the economic feasibility of producing copper oxide (CuO) nanoparticles using the green synthesis method on an industrial scale for 10 years by evaluating from an engineering and economic perspective. Various economic parameters are used to analyze economic viability, including Gross Profit Margin (GPM), Cumulative Net Present Value (CNPV), Payback Period (PBP), as well as economic variations in sales, taxes, raw materials, labor wages, and utilities to ensure project feasibility. Technical analysis to produce 100 kg of CuO nanoparticles per day requires a total production cost of 220,322.850.00 IDR and the gross profit margin is 16,721,250.000,00 IDR per year. PBP analysis shows that the investment will be profitable after more than three years. This project can compete with PBP capital market standards because of the short investment return. The profit is relatively economical, so this project can be run for 10 years under ideal conditions. This research is expected to be a reference for technical and economic analysis of industrial-scale production of CuO nanoparticles