Economic feasibility of tobacco leaves for biofuel production and high value squalene

In this paper, we estimate the economic feasibility of biofuel production and high value squalene from tobacco-based biomass. Pro-forma stochastic financial statements were constructed and the feasibility of multi-year financial projects were evaluated. The results suggest the commercialization of biofuel production from tobacco is not economical in the short run, but may have a potential in the long run. The results also indicate the economic feasibility of high value squalene is viable under the certain conditions.


Issue Date:
Sep 27 2016
Publication Type:
Journal Article
ISSN:
1559-2448
Language:
English
Published in:
International Food and Agribusiness Management Review, Volume 19, Issue 4
Page range:
145-162
JEL Codes:
C15; Q13; Q16; Q42




 Record created 2017-10-13, last modified 2017-10-13

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