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

Aleksandre Maisashvili, Henry L. Bryant and James W. Richardson

International Food and Agribusiness Management Review, 2016, vol. 19, issue 4

Abstract: 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.

Keywords: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifaamr:264200

DOI: 10.22004/ag.econ.264200

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