THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVA
One of potential vegetable materials in Indonesia as a source of biodiesel is kemiri sunan (Reutealis trisperma (Blanco) Airy Shaw). This study aims to analyze: financial feasibility of plantation; financial feasibility of biodiesel processing, and the development of business unit. The research resu...
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| Format: | Article |
| Language: | Indonesian |
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Centre for Social Research and Development, Economics, Policy and Climate Change; Development and Innovation Agency; Ministry of Environment and Forestry
2015-06-01
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| Series: | Jurnal Penelitian Sosial dan Ekonomi Kehutanan |
| Subjects: | |
| Online Access: | http://ejournal.forda-mof.org/ejournal-litbang/index.php/JPSEK/article/view/706 |
| _version_ | 1811330456775294976 |
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| author | Wening Sri Wulandari Dudung Darusman Cecep Kusmana Widiatmaka Widiatmaka |
| author_facet | Wening Sri Wulandari Dudung Darusman Cecep Kusmana Widiatmaka Widiatmaka |
| author_sort | Wening Sri Wulandari |
| collection | DOAJ |
| description | One of potential vegetable materials in Indonesia as a source of biodiesel is kemiri sunan (Reutealis trisperma (Blanco) Airy Shaw). This study aims to analyze: financial feasibility of plantation; financial feasibility of biodiesel processing, and the development of business unit. The research results show that kemiri sunan plantation is feasible on the area of 60 ha, a business period of 50 years. Feasibility values without loan are: NPV IDR 1,101,007,645; IRR 13.52%; BCR 1.36; PBP 14.68 years, feasibility values with loan are: NPV IDR 160,351,357; IRR 13.52%; BCR 1.08; PBP 22.55 years, sensitive to the decrease of selling price of dry seeds and productivity of the trees. The biodiesel processing business is feasible at the business period of 15 years, the production capacity of 202.75 Kl/year. Feasibility values without loan are: NPVIDR 512,549,740; IRR 27.27%; BCR 1.04; PBP 4.32 years, feasibility values with loan are: NPV IDR 303,310,940; IRR 27.27%; BCR 1.03; PBP 4.94 years, sensitive to the rising costs of materials and a decrease in the selling price. If all available lands were cultivated, it will generate 2,365 business units and to produce biodiesel that meets 16.68% of the needs of West Java diesel oil. |
| first_indexed | 2024-04-13T16:03:23Z |
| format | Article |
| id | doaj.art-78ea091df39345cb994fb4ce5b6b1e09 |
| institution | Directory Open Access Journal |
| issn | 1979-6013 2502-4221 |
| language | Indonesian |
| last_indexed | 2024-04-13T16:03:23Z |
| publishDate | 2015-06-01 |
| publisher | Centre for Social Research and Development, Economics, Policy and Climate Change; Development and Innovation Agency; Ministry of Environment and Forestry |
| record_format | Article |
| series | Jurnal Penelitian Sosial dan Ekonomi Kehutanan |
| spelling | doaj.art-78ea091df39345cb994fb4ce5b6b1e092022-12-22T02:40:29ZindCentre for Social Research and Development, Economics, Policy and Climate Change; Development and Innovation Agency; Ministry of Environment and ForestryJurnal Penelitian Sosial dan Ekonomi Kehutanan1979-60132502-42212015-06-01121314210.20886/jpsek.2015.12.1.31-42683THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVAWening Sri Wulandari0Dudung Darusman1Cecep Kusmana2Widiatmaka Widiatmaka3Program Doktor, Program Studi Pengelolaan Sumberdaya Alam dan Lingkungan, Institut Pertanian Bogor, Kampus IPBFakultas Kehutanan Institut Pertanian Bogor, Kampus IPB DarmagaFakultas Kehutanan Institut Pertanian Bogor, Kampus IPB DarmagaFakultas Pertanian Institut Pertanian Bogor, Kampus IPB DarmagaOne of potential vegetable materials in Indonesia as a source of biodiesel is kemiri sunan (Reutealis trisperma (Blanco) Airy Shaw). This study aims to analyze: financial feasibility of plantation; financial feasibility of biodiesel processing, and the development of business unit. The research results show that kemiri sunan plantation is feasible on the area of 60 ha, a business period of 50 years. Feasibility values without loan are: NPV IDR 1,101,007,645; IRR 13.52%; BCR 1.36; PBP 14.68 years, feasibility values with loan are: NPV IDR 160,351,357; IRR 13.52%; BCR 1.08; PBP 22.55 years, sensitive to the decrease of selling price of dry seeds and productivity of the trees. The biodiesel processing business is feasible at the business period of 15 years, the production capacity of 202.75 Kl/year. Feasibility values without loan are: NPVIDR 512,549,740; IRR 27.27%; BCR 1.04; PBP 4.32 years, feasibility values with loan are: NPV IDR 303,310,940; IRR 27.27%; BCR 1.03; PBP 4.94 years, sensitive to the rising costs of materials and a decrease in the selling price. If all available lands were cultivated, it will generate 2,365 business units and to produce biodiesel that meets 16.68% of the needs of West Java diesel oil.http://ejournal.forda-mof.org/ejournal-litbang/index.php/JPSEK/article/view/706feasibilitybiodieselkemiri sunan (reutealis trisperma (blanco) airy shaw)available land |
| spellingShingle | Wening Sri Wulandari Dudung Darusman Cecep Kusmana Widiatmaka Widiatmaka THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVA Jurnal Penelitian Sosial dan Ekonomi Kehutanan feasibility biodiesel kemiri sunan (reutealis trisperma (blanco) airy shaw) available land |
| title | THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVA |
| title_full | THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVA |
| title_fullStr | THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVA |
| title_full_unstemmed | THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVA |
| title_short | THE FINANCIAL ANALYSIS OF BIODIESEL KEMIRI SUNAN (REUTEALIS TRISPERMA (BLANCO) AIRY SHAW) AT THE AVAILABLE LANDS ON WEST JAVA |
| title_sort | financial analysis of biodiesel kemiri sunan reutealis trisperma blanco airy shaw at the available lands on west java |
| topic | feasibility biodiesel kemiri sunan (reutealis trisperma (blanco) airy shaw) available land |
| url | http://ejournal.forda-mof.org/ejournal-litbang/index.php/JPSEK/article/view/706 |
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