FEASIBILITY STUDY FOR NPK FACTORY CONSTRUCTION PROJECT AT PT PUPUK KUJANG
The increasing positive trend of domestic and foreign fertilizer demand, especially NPK fertilizer, and in the context of increasing product efficiency and competitiveness, PT Pupuk Kujang started the project of building a new NPK fertilizer plant, namely the construction of a NPK III plant with a p...
Saved in:
| Main Author: | |
|---|---|
| Format: | Theses |
| Language: | Indonesia |
| Subjects: | |
| Online Access: | https://digilib.itb.ac.id/gdl/view/48257 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Institution: | Institut Teknologi Bandung |
| Language: | Indonesia |
| Summary: | The increasing positive trend of domestic and foreign fertilizer demand, especially NPK fertilizer, and in the context of increasing product efficiency and competitiveness, PT Pupuk Kujang started the project of building a new NPK fertilizer plant, namely the construction of a NPK III plant with a production capacity of 100,000 tons / year. The accuracy of the NPK III factory development strategy, namely ammonium-nitrate-based NPK, as a product diversification strategy needs to be faced with other alternative strategies, namely the strategy of focusing on the ammonium-based NPK market by increasing production capacity through plant development or construction of new factories.
This study aims to determine whether the NPK III PT Pupuk Kujang Plant construction project is feasible or not. Measurements made include the financial aspects of Payback period (PBP), Net Present Value (NPV), Internal Rate of Return (IRR), Profitability Index (PI) and other measurements used to determine the sensitive factors towards the NPK III NPK plant construction project Kujang by using sensitivity analysis with Monte Carlo Simulation.
The results obtained from the financial feasibility study are Net Present Value (NPV) of Rp. 71,664,266,374; Internal Rate of Return (IRR) of 16.35%; Payback period (PBP) of 6 Years 5 Months and Profitability Index (PI) of 1.30. So it can be concluded that the NPK III PT Pupuk Kujang Factory construction project is feasible. Based on the sensitivity analysis, the factors that influence are the cost of raw materials and the increase in investment value. Then the Monte Carlo simulation results show that the investment made yields an average NPV of Rp 71,703,896,343, a standard deviation of Rp 16,128,130,204.29 with a minimum NPV value of Rp 19,589,510,619 and a maximum NPV value of Rp 123,125,580,377.
|
|---|