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

doi:10.1016/j.egypro.2018.10.054

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

Department of Chemical Engineering

Research output: Contribution to journal › Conference article › peer-review

16 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 language	English
Pages (from-to)	143-148
Number of pages	6
Journal	Energy Procedia
Volume	153
DOIs	https://doi.org/10.1016/j.egypro.2018.10.054
Publication status	Published - 2018
Event	5th International Conference on Energy and Environment Research, ICEER 2018 - Prague, Czech Republic Duration: 23 Jul 2018 → 27 Jul 2018

Keywords

IRR
Lipase
NPV
Payback period
Techno-economic analysis

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10.1016/j.egypro.2018.10.054

Cite this

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

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.",

keywords = "IRR, Lipase, NPV, Payback period, Techno-economic analysis",

author = "Andy Khootama and Putri, {Dwini Normayulisa} and Heri Hermansyah",

note = "Publisher Copyright: {\textcopyright} 2018 The Authors. Published by Elsevier Ltd.; 5th International Conference on Energy and Environment Research, ICEER 2018 ; Conference date: 23-07-2018 Through 27-07-2018",

year = "2018",

doi = "10.1016/j.egypro.2018.10.054",

language = "English",

volume = "153",

pages = "143--148",

journal = "Energy Procedia",

issn = "1876-6102",

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TY - JOUR

T1 - Techno-economic analysis of lipase enzyme production from Aspergillus Niger using agro-industrial waste by solid state fermentation

AU - Khootama, Andy

AU - Putri, Dwini Normayulisa

AU - Hermansyah, Heri

PY - 2018

Y1 - 2018

N2 - 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.

AB - 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.

KW - IRR

KW - Lipase

KW - NPV

KW - Payback period

KW - Techno-economic analysis

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U2 - 10.1016/j.egypro.2018.10.054

DO - 10.1016/j.egypro.2018.10.054

M3 - Conference article

AN - SCOPUS:85057397517

SN - 1876-6102

VL - 153

SP - 143

EP - 148

JO - Energy Procedia

JF - Energy Procedia

T2 - 5th International Conference on Energy and Environment Research, ICEER 2018

Y2 - 23 July 2018 through 27 July 2018

ER -

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

Abstract

Keywords

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