Table 2. Main Assumptions for Economic Analysis of the CM and CMTiO2 Processes.
| parameter | CM process | CMTiO2 process |
|---|---|---|
| process capacity (t/year) | 680.00 | 2242 |
| mass flow of raw material (t/year) | 17,768.41 | 22,372 |
| raw material cost ($/t) | 1920 | 1633 |
| product selling price ($/t) | 64,400 | 37,000 |
| plantlife (year) | 15 | 15 |
| salvage value | 10% depreciable | 10% depreciable |
| construction period (year) | 3 | 3 |
| location | north of Colombia | north of Colombia |
| tax rate | 39% | 39% |
| type of process | novel | novel |
| contingency percentage | 20% | 20% |
| utilities | steam, water, gas, electricity | steam, water, gas, electricity |
| process fluids | solid–liquid–gas | solid–liquid–gas |
| depreciation | lineal | lineal |