Burk TechnoEconomics Blog

Investing in new chemical technologies

​Investing in a new chemical technology is different than, for example, investing in a new mobile app. It’s not like you can lock a bunch of twenty-three year old chemical engineers in a closet for the weekend and expect them to emerge with a minimum viable product. ​Capital and operating costs are high and depend strongly on the results of R&D and scale-up. Further, lengthy timelines increase chances that market conditions will change. The impact of these factors can be difficult and time-consuming to estimate. So, they are often visited once at the beginning of a project and then largely ignored in favor of the tasks at hand. This doesn’t have to be the case. I put this set of slides toget

© 20202 by Burk TechnoEconomics

Lee_Site_Logo transparent 2.png