Economic Assessment of Medium and Large-Scale Landfill Mining Business: Case Study Thailand
Conference proceedings article
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Strategic Research Themes
Publication Details
Author list: Anupong Muttaraid, Sirintornthep Towprayoon, Chart Chiemchaisri, Thapat Silalertruksa and Komsilp Wangyao
Publisher: EDP Sciences
Publication year: 2023
Volume number: 428
ISSN: 25550403
Languages: English-Great Britain (EN-GB)
Abstract
Thailand produces over 25 million tons of waste yearly, while only a third is utilized. The waste disposed of in the landfill is rarely utilized, and research on the utilization of landfill waste in Thailand is limited. The information regarding the business model and the profitability rate of landfill mining is limited and generally was not displayed to the public. This paper examined the landfill mining business of medium and large-scale businesses in Thailand. Both sites’ business operations were analyzed, and the net present value was presented. The NPV results show that landfill mining is profitable and gives more sustainable waste management. The large scale is highly profitable but requires more investment extensively, while the medium scale is easily adopted and still provides a reasonable profit. Furthermore, to understand the business operation and sensitivity of the operation, this paper uses sensitivity analysis to analyze the factors influencing business profitability. Even though the result displays that both projects are easily profitable, the large-scale operation tends to be simpler as the expense has a lower influence on the business. © The Authors, published by EDP Sciences.
Keywords
Net-present value
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