Engineering and Economic Evaluation of Production of Copper Nanoparticle by Chemically Controlled Reduction

Abstract

The purpose of this study was to evaluate economic feasibility of industrial scale production of copper (Cu) nanoparticles for 20 years. Several economic evaluation parameters are analyzed, including payback period, Cumulative Net Present Value, and gross profit marigin of the project. Engineering perspective is based on the synthesis of Cu nanoparticles by the chemical reduction method with stoichiometric calculations and mass balance. The Engineering perspective analysis of Cu nanoparticle production shows the resulting product is 1563,862 kg/year, with a total manufacturing cost of 8,231,547,131 IDR/year, resulting in sales of 22,675,854,000 IDR/year, so the profit is 14,444,306,868 IDR/year. Profit value is relatively economical, so this project can be run for 20 years under ideal conditions. Economic evaluation analysis shows the production of Cu nanoparticles is prospective. The payback period for initial investment capital in this project is quite short in 2.5 years. Tax cost, raw material costs, sallary labor, and sales greatly affect the profitability of the project. Therefore, this influence needs to be estimated, so that project profitability remains good and is feasible to run. This research can be used as a reference to analyze economically in the manufacture of industrial scale Cu nanoparticles.