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World Chemical Engineering Journal
Published by Universitas Sultan Ageng Tirtayasa
ISSN : -     EISSN : 24432261     DOI : https://dx.doi.org/10.62870/wcej.v8i1.26617
Core Subject : Engineering,
Chemical Engineering, Chemistry & Bioengineering
WCEJ publishes original papers and reviewed papers on the fundamental, theoretical as well as applications of Chemical Engineering. WCEJ is published two times a year. This journal covering some aspects of chemical engineering, which are environmental chemical engineering, chemical reaction engineering, bioprocess-chemical engineering, materials synthesis and processing.
Arjuna Subject : Teknik Kimia (semua kategori) - Teknik Kimia (Lain-Lain)
Articles 1 Documents
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Search results for , issue "VOLUME 2 NO. 2 DECEMBER 2018" : 1 Documents clear
Economic Perspective in the Production of Magnetite (Fe3O4) Nanoparticles by Co-precipitation Method Prabowo, Bagas; Khairunnisa, Thiya; Nandiyanto, Asep Bayu Dani
World Chemical Engineering Journal VOLUME 2 NO. 2 DECEMBER 2018
Publisher : Chemical Engineering Department, Engineering Faculty, Universitas Sultan Ageng Tirtayasa

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.62870/wcej.v2i2.4478

Abstract

Magnetite contains both types of iron namely ferrous and ferric, so it is usually described as IronII, III Oxide. Nano-sized Magnetite (Fe3O4) not only increases lattice parameters and unit cell volumes but also the effective area and surface area have definitely increased. Magnetite can improve the electrical properties of a polymeric material through the copolymers synthesis method. Therefore, there is a need for the feasibility study for generating industries for the production of Fe3O4 especially in the developing countries. This study aimed to evaluate the prospect for the production of iron oxide (Fe3O4) nanoparticles in practical uses. This study was done to confirm whether the large-scale production of Fe3O4 is profitable or not. The evaluation was done using two types of feasibility studies: engineering analysis and economic evaluation. The estimation of the project was also completed with the calculation from ideal conditions to the worst cases of production from changes of raw material prices. The engineering analysis gave information the potential large-scale production since the process can be applied using commercially available and inexpensive apparatuses. The economic evaluation based on various economic evaluation parameters (such as gross profit margin, break-even point, payback period, etc) showed the potential profitability for the project. All evaluation parameters gave positive points. The project also used relatively inexpensive total cost of purchased equipment. Although further developments must be also added especially regarding the additional strategies to boost the profit to attract the investors, this study provides a quite promise for the possible fabrication of Fe3O4 in developing countries.

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