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Cost Analysis and Economic Evaluation for TiO2 Synthesis using Sol-Gel Method


 
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1. Title Title of document Cost Analysis and Economic Evaluation for TiO2 Synthesis using Sol-Gel Method
 
2. Creator Author's name, affiliation, country Asep Bayu Dani Nandiyanto, Hanif Nur Purnamasari Risti Ragadhita, Suryatno Wiganepdo Soegoto; ,; Morocco
 
3. Subject Discipline(s)
 
3. Subject Keyword(s) Economic evaluation; sol-gel method; titanium dioxide nanoparticle
 
4. Description Abstract

TiO2 nanoparticles as a photocatalyst system transition metal have many benefits in various application example for removal of toxic compound. To synthesis the TiO2 nanoparticle, we used sol-gel as the method. The goal of this paper is to determine whether the sol-gel method of generating TiO2 is economically and industrially viable. Numerous economic evaluation parameters had been analyzed such as gross profit margin (GPM), payback period (PBP), cumulative net present value (CNPV), and total investment cost (TIC). The result of GPM and CNVP/TIC on industrial-scale production of TiO2 nanoparticles showed payback period (PBP) in the 3 years. From the results, it shows that the engineering analysis for TiO2 nanoparticles production is feasible to run. Nevertheless, there are still several parameters that need to be studied further to ensure the feasibility of producing TiO2 nanoparticles on an industrial scale and to boost the profit to attract the investors.

 
5. Publisher Organizing agency, location
 
6. Contributor Sponsor(s)
 
7. Date (YYYY-MM-DD) 03-04-2022
 
8. Type Status & genre Peer-reviewed Article
 
8. Type Type
 
9. Format File format PDF
 
10. Identifier Uniform Resource Identifier https://revues.imist.ma/index.php/morjchem/article/view/31721
 
10. Identifier Digital Object Identifier (DOI) https://doi.org/10.48317/IMIST.PRSM/morjchem-v10i1.31721
 
11. Source Title; vol., no. (year) Moroccan Journal of Chemistry; Vol 10, No 1 (2022)
 
12. Language English=en en
 
13. Relation Supp. Files
 
14. Coverage Geo-spatial location, chronological period, research sample (gender, age, etc.)
 
15. Rights Copyright and permissions Copyright (c) 2022 Moroccan Journal of Chemistry