• economic feasibility analysis of soybean oil production
  • economic feasibility analysis of soybean oil production
  • economic feasibility analysis of soybean oil production
  • economic feasibility analysis of soybean oil production
  • Is soybean oil production economically feasible?
  • This demonstrates the process can earn profits within the service period, which is the assumption in this study. Therefore, capacities over 34.64 million kg of annual soybean oil productions are economically feasible operating scales. (8) Pay back Time = 100 ROI
  • Why does soybean oil production have a lower gross and net profits?
  • Though there are no positive gross profits and net profits from 1980s to 2010s in 34.64 million kg of soybean oil production, the lower gross profits and net profits are due to the increase of product selling prices. The increments of gross and net profits also reflect the values of products increased much more than operating costs.
  • Why is the soybean price a critical factor for hexane extraction?
  • Material cost takes up about 44% of total operating costs in a facility producing 4 million kg of soybean oil and increases to over 90% of total operating costs in 173.22 and 415.73 million kg of soybean oil production facilities. Therefore, the soybean price is concluded as a critical factor for the hexane extraction process. 3.2.2. Utility costs
  • How much soybean oil production is a good return on investment?
  • From the ROI time, the 34.64 million kg of soybean oil production is close to 0%, which indicates this capacity is close to break-even point to earn profits for paying back the total investment. This also indicates when the capacity is larger than the scale, the producing stream starts to earn profits.
  • What role do material costs play in soybean oil production?
  • Though more energy inputs and utility fees are required for larger scale operations of soybean oil production, material costs play a critical role in the whole process, especially for soybean cost. Material costs exceed other operating costs resulting in a lower percentage of utility costs in all operating costs.
  • When does soybean oil production make a positive profit?
  • For different scales based on 2010s market estimations, a positive net profit is observed when the capacity is larger than 34.64 million kg of soybean oil production. Positive profits can be obtained when the capacity is scaled up to 86.61 million kg of soybean oil production.