Economic Evaluation of the Production of Titanium Dioxide (TiO2) Nanoparticles using the Simple Aqueous Peroxo Route Method

Abstract

This study aims to analyze the economic evaluation on the production of TiO2 nanoparticles using the simple aqueous peroxo route method. Economic evaluation is carried out using several economic parameters, such as Payback Period (PBP), Break Even Point (BEP), and Cumulative Net Present Value (CNPV). The economic evaluation method is carried out by calculating several factors to see the potential of TiO2 nanoparticle production, such as an increase in tax prices, sales prices, and the effect of raw material prices. Based on tax evaluation, the greatest income achievement when taxed is 10%. Based on the sales evaluation, the minimum sales price so that the company does not lose is at the 90% point. Based on variations in raw material prices, an increase in raw material prices by up to 50% will not cause a loss. PBP analysis shows the investment in a short period of time, namely in the fourth year and until the 20th year the company's profits continue to increase. In conclusion, the results of the economic evaluation show good prospects. The impact of this research is the evaluation of large-scale economic data on TiO2 nanoparticles, production prospects with estimated factors that may occur under ideal conditions.