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Journal : JEPA (Jurnal Ekonomi Pertanian dan Agribisnis)

Financial Feasibility Analysis for the Establishment of a Palm Oil Surfactant-Based Bio Oil Spill Dispersant (Bio-OSD) Plant Irawan, Andre; Anas Miftah Fauzi; Erliza Hambali; Dwi Febriantini; Siska Pebriani
Jurnal Ekonomi Pertanian dan Agribisnis Vol. 9 No. 2 (2025)
Publisher : Department of Agricultural Social Economics, Faculty of Agriculture, Brawijaya University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21776/

Abstract

The industry plays a crucial role in the national economy, making significant contributions to GDP and employment. This study aims to analyze the financial feasibility of the Bio-OSD plant construction project, which produces bio oil spill dispersant from plant-based raw materials. The data used includes primary and secondary data collected from oil companies and the Surfactant and Bioenergy Research Center (SBRC) IPB over six months. The methods used in the analysis include Net Present Value (NPV), Internal Rate of Return (IRR), Benefit-Cost Ratio (B/C), Payback Period (PP), and Sensitivity Analysis. The analysis results show that the project has an NPV of Rp133,895,678,111, an IRR of 13.90%, a Net B/C of 2.34, and a PP of 5 years, 7 months, and 3 days, indicating that the project is feasible. Sensitivity analysis shows that the project remains viable despite a 10% increase in raw material and packaging costs, a 5% increase in fixed costs, and a 5% decrease in sales volume. The combination of these three variables results in an NPV of Rp54,189,090,981, an IRR of 5.64%, and a Net B/C of 1.54, with a PP of 7 years, 3 months, and 20 days. Therefore, the Bio-OSD plant is feasible to build despite facing changes in financial parameters
Co-Authors Addinia Nur Ar Rachmah Ade Iskandar Adelyna Adelyna Ahmad Juanedi Amril Aman Andi Gunawan Ani Suryani Ani Suryani Ani Suryani Arief Daryanto Bambang Prasetya Bambang Prasetya Bambang Prasetya Bibiana W Lay BIBIANA W LAY Bibiana W Lay Bustami Bustami CHANDRA INDRAWANTO Dede Rais Dewi Diniaty Dewi, Farida Ratna Dharmayanti, Indrani Dina Harsono Djumali Mangunwidjaja Djumali Mangunwidjaja Djumali Mangunwidjaja Djumali Mangunwidjaja Djumali Mangunwidjaja DWI ANDREAS SANTOSA Dwi Febriantini Dwi Purnomo Dwi Purnomo E. Gumbira-Sa’id E.Gumbira- Sa’id Edi Santosa Edy Hartulistiyoso Efendi, . Endang Gumbira Said Endang Warsiki dan Citra Dewi Wahyono Putri (E-Jurnal Agro-Industri Indonesia) Eriyatno . Erizal Erliza Hambali Fiora Helmi Firmansjah S Fitri Arum Sekarjannah Fitri Arum Sekarjannah Hadi K. Purwadaria Hardjomidjojo, Hastisari Hari Wijayanto Henny Purwaningsih Husada, Muhamad Hadid I Dewa Ketut Sastrawidana Illah Sailah Irawan, Andre Irdika Mansur Irdika Mansur Irdika Mansur Jumali Mangunwidjaja Kartika Trianita Khaswar Syamsu Kulsum, Kulsum Lanjar Sumarno Lanjar Sumarno Lembito, Hoetomo Liesbetini Hartoto Lina Karlinasari Lindawati Kartika Luky Adrianto M A Chozin M Syamsul Ma'arif Machfud Machfud MACHFUD MACHFUD Meika Syahbana Rusli Mochamad Aji Narakusuma Muchamad Yusron Muhammad Firdaus Muhammad Romli dan Suprihatin Andes Ismayana Muhammad Tasrif Muhammad Tasrif Mulyadi, Dedi Murodif, Atfal Muslich Nastiti Siswi Indrasti nFN Machfud nFN Misgiyarta NOER SOETRISNO Ono Suparno Puspita Yuliandari R.Dikky Indrawan Rahmayanti, Fetty Dwi Ratih Marina Kurniaty Retno Sri Endah Lestari Retno Sri Endah Lestari Rizal Priambudi Rusli Anwar S Joni Munarso Sally Wiedjarnarko Sandy Ardiananda Pratama Santun R.P. Sitorus Sapta Raharja Setyo Pertiwi Siska Pebriani Slamet, Alim Setiawan Solikhin Solikhin Suharto Honggokusumo Suharyono Suharyono Sukardi Sukardi Sukardi SUKARDI SUKARDI Sukardi, Sukardi Suprihatin Suprihatin Tanto Pratondo Utomo Teti Resmianty Titah Haritul Ichwani Titi Candra Sunarti Tun Tedja Irawadi Wagiman Wagiman Widiatmaka Yessy Rosalina Yuli Sukmawati Yuli Wibowo Yusron Rivai Zaenal Abidin Zainal Alim Mas’ud