Table 5 Parameters and financial assumptions for the techno-economic study
From: Economic feasibility of gasoline production from lignocellulosic wastes in Hong Kong
Items | Estimation Assumption |
|---|---|
Plant Location | Hong Kong |
Design Capacity | 100,00 kg of wood per batch |
Feedstock | Ash Wood |
Main Products | Bio-gasoline |
Capital Cost | Capital cost = FCI + working capital |
Direct Cost (DC) | |
 Purchase Cost (PC) | Listed Equipment Purchase Cost |
 Unlisted Equipment Cost | 0.50 x PC |
 Piping | 0.30 x PC |
 Instrumentation | 0.40 x PC |
 Insulation | 0.03 x PC |
 Electrical Facilities | 0.10 x PC |
 Buildings | 0.15 x PC |
 Yard Improvement | 0.12 x PC |
 Auxiliary Facilities | 0.25 x PC |
Indirect Cost (IC) | |
 Engineering | 0.25 x DC |
 Construction | 0.34 x DC |
 Contractor’s Fee | 0.05 x (DC + IC) |
 Contingency | 0.10 x (DC + IC) |
 Fixed Capital Investment (FCI) | FCI = DC + IC |
 Working Capital | 0.08 x FCI |
 Start-up cost | 5% DFC |
 Annual operating cost | Annual operating cost - total viable production costs + fixed charges + plant overhead |
Total variable production costs | |
 Raw materials | From Mass Balance |
 Labour-dependant | Hourly rate RMB ¥ 32.10 |
 Utilities cost | Steam: RMB ¥ 81/MT |
|  | Steam (high P): RMB ¥ 94/MT |
|  | CaCl2: RMB ¥ 530/MT |
|  | Glycol: RMB ¥ 235/MT |
|  | Freon: RMB ¥ 1.01/MT |
|  | Std Power: RMB ¥ 0.82/MT |
 Chemical Waste Disposal | RMB ¥ 2984/MT |
 Industrial Wastewater Treatment | RMB ¥ 502/MT (Sent offsite for treatment) |
 Transportation | Facility Owned Truck |
 Quantity Dependant Cost | RMB ¥ 24.3/ m3 |
 Quantity and Distance Dependent Cost | RMB ¥ 0.25/ m3km |
 Gas flaring | RMB ¥ 60/MT |
 Equipment Maintenance & Repair | 6% of DFC |
 Laboratory cost for QC and QA | 15% of Total Labour Cost |
Fixed charges | |
 Depreciation (10-year straight line) | 5% DFC |
 Insurance | 0.1% DFC |
 Local Taxes | 0.2% DFC |
 Factory Expenses | 0.5% DFC |
 Laboratory, Quality Control & Quality Assurance Cost | 10% TLC |