Save

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

In: International Food and Agribusiness Management Review
Authors:
Aleksandre Maisashvili Research scientist, Agricultural and Food Policy Center, Department of Agricultural Economics, Texas A&M University, 2124 TAMU, 77843-2124 College Station, TX, USA

Search for other papers by Aleksandre Maisashvili in
Current site
Google Scholar
PubMed
Close
,
Henry L. Bryant Associate professor, Agricultural and Food Policy Center, Department of Agricultural Economics, Texas A&M University, 2124 TAMU, 77843-2124 College Station, TX, USA

Search for other papers by Henry L. Bryant in
Current site
Google Scholar
PubMed
Close
, and
James W. Richardson Regents professor, Agricultural and Food Policy Center, Department of Agricultural Economics, Texas A&M University, 2124 TAMU, 77843-2124 College Station, TX, USA

Search for other papers by James W. Richardson in
Current site
Google Scholar
PubMed
Close
Open Access

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.

Content Metrics

All Time Past 365 days Past 30 Days
Abstract Views 0 0 0
Full Text Views 181 136 36
PDF Views & Downloads 112 74 1