COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTE
The purpose of this study was to evaluate economic feasibility on the fabrication of activated carbon and silica particles from rice straw waste. Several economic evaluation parameters were analyzed for informing the potential production of valuable material from rice straw, including gross profit m...
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| Format: | Article |
| Language: | English |
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Taylor's University
2018-06-01
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| Series: | Journal of Engineering Science and Technology |
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| Online Access: | http://jestec.taylors.edu.my/Vol%2013%20issue%206%20June%202018/13_6_10.pdf |
| _version_ | 1818246671770845184 |
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| author | ASEP BAYU DANI NANDIYANTO |
| author_facet | ASEP BAYU DANI NANDIYANTO |
| author_sort | ASEP BAYU DANI NANDIYANTO |
| collection | DOAJ |
| description | The purpose of this study was to evaluate economic feasibility on the fabrication of activated carbon and silica particles from rice straw waste. Several economic evaluation parameters were analyzed for informing the potential production of valuable material from rice straw, including gross profit margin, internal rate return, payback period, net present value, and so on. The result showed that the production of activated carbon and silica particles from rice straw waste is prospective. The engineering analysis for converting 20 kg of rice straw waste per batch shows the total purchased equipment cost of USD 4,900. Adding the Lang Factor, the total investment cost should be less than USD 22,000. This value is relatively economical (i.e., project needs less investment fund) for degrading 67 tons per year or 1344 tons per 20 years of project. Compared to the total amount of degraded rice straw waste, the value will be only about 16 USD per ton. Indeed, this is not expensive for accessing a problem solver in degrading one ton of rice straw waste. To ensure the feasibility of the project, the project were estimated from the ideal condition to the worst cases in the production, including labor, sales, raw material, utility, as well as external condition (i.e., tax and subsidiary). |
| first_indexed | 2024-12-12T14:52:31Z |
| format | Article |
| id | doaj.art-e7892ff547a645e98e906210d2fbaf66 |
| institution | Directory Open Access Journal |
| issn | 1823-4690 |
| language | English |
| last_indexed | 2024-12-12T14:52:31Z |
| publishDate | 2018-06-01 |
| publisher | Taylor's University |
| record_format | Article |
| series | Journal of Engineering Science and Technology |
| spelling | doaj.art-e7892ff547a645e98e906210d2fbaf662022-12-22T00:20:58ZengTaylor's UniversityJournal of Engineering Science and Technology1823-46902018-06-0113615231539COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTEASEP BAYU DANI NANDIYANTO0Departemen Kimia, Universitas Pendidikan Indonesia, Jl. Dr. Setiabudi no 229, Bandung 40154, IndonesiaThe purpose of this study was to evaluate economic feasibility on the fabrication of activated carbon and silica particles from rice straw waste. Several economic evaluation parameters were analyzed for informing the potential production of valuable material from rice straw, including gross profit margin, internal rate return, payback period, net present value, and so on. The result showed that the production of activated carbon and silica particles from rice straw waste is prospective. The engineering analysis for converting 20 kg of rice straw waste per batch shows the total purchased equipment cost of USD 4,900. Adding the Lang Factor, the total investment cost should be less than USD 22,000. This value is relatively economical (i.e., project needs less investment fund) for degrading 67 tons per year or 1344 tons per 20 years of project. Compared to the total amount of degraded rice straw waste, the value will be only about 16 USD per ton. Indeed, this is not expensive for accessing a problem solver in degrading one ton of rice straw waste. To ensure the feasibility of the project, the project were estimated from the ideal condition to the worst cases in the production, including labor, sales, raw material, utility, as well as external condition (i.e., tax and subsidiary).http://jestec.taylors.edu.my/Vol%2013%20issue%206%20June%202018/13_6_10.pdfActivated carbonEconomic evaluationFeasibility studyRice straw wasteSilica particles |
| spellingShingle | ASEP BAYU DANI NANDIYANTO COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTE Journal of Engineering Science and Technology Activated carbon Economic evaluation Feasibility study Rice straw waste Silica particles |
| title | COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTE |
| title_full | COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTE |
| title_fullStr | COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTE |
| title_full_unstemmed | COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTE |
| title_short | COST ANALYSIS AND ECONOMIC EVALUATION FOR THE FABRICATION OF ACTIVATED CARBON AND SILICA PARTICLES FROM RICE STRAW WASTE |
| title_sort | cost analysis and economic evaluation for the fabrication of activated carbon and silica particles from rice straw waste |
| topic | Activated carbon Economic evaluation Feasibility study Rice straw waste Silica particles |
| url | http://jestec.taylors.edu.my/Vol%2013%20issue%206%20June%202018/13_6_10.pdf |
| work_keys_str_mv | AT asepbayudaninandiyanto costanalysisandeconomicevaluationforthefabricationofactivatedcarbonandsilicaparticlesfromricestrawwaste |