Techno-economic analysis of lipase enzyme production from Aspergillus Niger using agro-industrial waste by solid state fermentation

Andy Khootama, Dwini Normayulisa Putri, Heri Hermansyah

Research output: Contribution to journalConference articlepeer-review

4 Citations (Scopus)

Abstract

Techno-economic analysis needs to be conducted in order to study the feasibility of enzyme industry development to fulfill the annually increasing demand of enzyme in Indonesia. This research aim to study the feasibility of a new plant to produce lipase enzyme from Aspergillus Niger using agro-industrial waste as the substrates by solid state fermentation. Based on the simulation conducted, economic analysis of lipase production with the production capacity of 4290 kg/year, product price of IDR 1,061,811, and WACC of 15.10% yields IRR of 34.99%, NPV of IDR 5,520,728,137, and payback period of 2.98 years, with product price as the most sensitive parameter. Based on this result, this plant is profitable to be developed.

Original languageEnglish
Pages (from-to)143-148
Number of pages6
JournalEnergy Procedia
Volume153
DOIs
Publication statusPublished - 2018
Event5th International Conference on Energy and Environment Research, ICEER 2018 - Prague, Czech Republic
Duration: 23 Jul 201827 Jul 2018

Keywords

  • IRR
  • Lipase
  • NPV
  • Payback period
  • Techno-economic analysis

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