@article{assis_suarez_prestemon_stonebraker_carrillo_dasmohapatra_jameel_gonzalez_2021, title={Risk Analysis, Practice, and Considerations in Capital Budgeting: Evidence from the Field for the Bio-based Industry}, volume={16}, ISSN={["1930-2126"]}, url={http://dx.doi.org/10.15376/biores.16.1.19-45}, DOI={10.15376/biores.16.1.19-45}, abstractNote={This study aims to examine how organizations in the bio-based industry perceive risks and perform risk analysis within the capital investment decision-making process. More specifically, this study aims to assess sources of uncertainty commonly considered, identify tools and methods used for risk assessment, and understand how risk analysis is considered in capital budgeting. Eighty-six respondents were electronically surveyed on practices for capital investment risk analysis, including C-suite and upper management from different organization sizes and segments in the bio-based industry. It was found that some forms of risk analysis are utilized either in project assessment and/or for decision making by most respondents; however, qualitative and deterministic assessment practices dominate over probabilistic methods. In addition, risk assessment is most commonly performed in the later stages of a project, with less than 50% of adoption at the earlier stages. Overall, the main sources of uncertainties considered when performing risk assessment are financial, market and sales, and technology, with competition being considered mostly by upper management levels. Additionally, consistent with previous studies in other industry sectors, Internal Rate of Return, Return on Investment, and Net Present Value are the preferred financial indicators used to evaluate capital investments.}, number={1}, journal={BIORESOURCES}, publisher={BioResources}, author={Assis, Camilla Abbati and Suarez, Antonio and Prestemon, Jeffrey P. and Stonebraker, Jeffrey and Carrillo, Carlos and Dasmohapatra, Sudipta and Jameel, Hasan and Gonzalez, Ronalds}, year={2021}, month={Feb}, pages={19–45} } @article{jiang_assis_kollman_sun_jameel_chang_gonzalez_2020, title={Lignin fractionation from laboratory to commercialization: chemistry, scalability and techno-economic analysis}, volume={22}, ISSN={["1463-9270"]}, url={https://doi.org/10.1039/D0GC02960B}, DOI={10.1039/D0GC02960B}, abstractNote={A detailed techno-economic analysis on industrial scale lignin fractionation using green solvents.}, number={21}, journal={GREEN CHEMISTRY}, publisher={Royal Society of Chemistry (RSC)}, author={Jiang, Xiao and Assis, Camilla and Kollman, Matthew and Sun, Runkun and Jameel, Hasan and Chang, Hou-min and Gonzalez, Ronalds}, year={2020}, month={Nov}, pages={7448–7459} } @article{zambrano_starkey_wang_abbati de assis_venditti_pal_jameel_hubbe_rojas_gonzalez_2020, title={Using micro- and nanofibrillated cellulose as a means to reduce weight of paper products: A review}, volume={15}, ISSN={1930-2126 1930-2126}, url={http://dx.doi.org/10.15376/biores.15.2.Zambrano}, DOI={10.15376/biores.15.2.zambrano}, abstractNote={Based on publications related to the use of micro- and nanofibrillated cellulose (MNFC) in papermaking applications, three sets of parameters (intrinsic and extrinsic variables, furnish composition, and degree of dispersion) were proposed. This holistic approach intends to facilitate understanding and manipulation of the main factors describing the colloidal behavior in systems comprising of MNFC, pulp fibers, and additives, which directly impact paper product performance. A preliminary techno-economic assessment showed that cost reductions driven by the addition of MNFC in paper furnishes could be as high as USD 149 per ton of fiber (up to 20% fiber reduction without adverse effects on paper’s strength) depending on the cost of papermaking fibers. It was also determined that better performance in terms of strength development associated with a higher degree of MNFC fibrillation offset its high manufacturing cost. However, there is a limit from which additional fibrillation does not seem to contribute to further strength gains that can justify the increasing production cost. Further research is needed regarding raw materials, degree of fibrillation, and combination with polyelectrolytes to further explore the potential of MNFC for the reduction of weight of paper products.}, number={2}, journal={BioResources}, publisher={BioResources}, author={Zambrano, Franklin and Starkey, Heather and Wang, Yuhan and Abbati de Assis, Camilla and Venditti, Richard and Pal, Lokendra and Jameel, Hasan and Hubbe, Martin A. and Rojas, Orlando J. and Gonzalez, Ronalds}, year={2020}, month={Mar}, pages={4553–4590} } @article{de assis_iglesias_bilodeau_johnson_phillips_peresin_bilek_rojas_venditti_gonzalez_2018, title={Cellulose micro- and nanofibrils (CMNF) manufacturing - financial and risk assessment}, volume={12}, ISSN={1932-104X}, url={http://dx.doi.org/10.1002/bbb.1835}, DOI={10.1002/bbb.1835}, abstractNote={Abstract}, number={2}, journal={Biofuels, Bioproducts and Biorefining}, publisher={Wiley}, author={de Assis, Camilla Abbati and Iglesias, Maria Celeste and Bilodeau, Michael and Johnson, Donna and Phillips, Richard and Peresin, Maria Soledad and Bilek, E.M. Ted and Rojas, Orlando J. and Venditti, Richard and Gonzalez, Ronalds}, year={2018}, month={Mar}, pages={251–264} } @article{de assis_iglesias_bilodeau_johnson_phillips_peresin_bilek_rojas_venditti_gonzalez_2018, title={Cover Image, Volume 12, Issue 2}, volume={12}, ISSN={1932-104X}, url={http://dx.doi.org/10.1002/BBB.1874}, DOI={10.1002/bbb.1874}, abstractNote={The cover image, by Camilla Abbati de Assis et al., is based on the Modeling and Analysis Cellulose micro‐ and nanofibrils (CMNF) manufacturing ‐ financial and risk assessment, DOI: 10.1002/bbb.1835. image }, number={2}, journal={Biofuels, Bioproducts and Biorefining}, publisher={Wiley}, author={de Assis, Camilla Abbati and Iglesias, Maria Celeste and Bilodeau, Michael and Johnson, Donna and Phillips, Richard and Peresin, Maria Soledad and Bilek, E.M. Ted and Rojas, Orlando J. and Venditti, Richard and Gonzalez, Ronalds}, year={2018}, month={Mar}, pages={i-i} } @article{assis_greca_ago_balakshin_jameel_gonzalez_rojas_2018, title={Techno-Economic Assessment, Scalability, and Applications of Aerosol Lignin Micro- and Nanoparticles}, volume={6}, ISSN={["2168-0485"]}, url={http://www.scopus.com/inward/record.url?eid=2-s2.0-85049954792&partnerID=MN8TOARS}, DOI={10.1021/acssuschemeng.8b02151}, abstractNote={Lignin micro- and nanoparticles (LMNPs) synthesized from side-streams of pulp and paper and biorefinery operations have been proposed for the generation of new, high-value materials. As sustainable alternatives to particles of synthetic or mineral origins, LMNPs viability depends on scale-up, manufacturing cost, and applications. By using experimental data as primary source of information, along with industrial know-how, we analyze dry and spherical LMNPs obtained by our recently reported aerosol/atomization method. First, a preliminary evaluation toward the commercial production of LMNPs from industrial lignin precursors is presented. Following, we introduce potential LMNPs applications from a financial perspective. Mass and energy balances, operating costs, and capital investment are estimated and discussed in view of LMNPs scalability prospects. The main potential market segments identified (from a financial perspective) include composite nanofillers, solid foams, emulsion stabilizers, chelating agents, and UV protection. Our technical, financial, and market assessment represent the basis for R&D planning and efforts to lower the risk related to expected industrialization efforts. Manufacturing costs were estimated between 870 and 1170 USD/t; also, minimum selling prices varied from 1240 and 1560 USD/t, depending on raw materials used. Sensitivity analysis indicated that manufacturing cost can be as low as 600 USD/t, depending on the process conditions considered. Finally, based on the financial assessment, potential applications were identified.}, number={9}, journal={ACS SUSTAINABLE CHEMISTRY & ENGINEERING}, publisher={American Chemical Society (ACS)}, author={Assis, Camilla Abbati and Greca, Luiz G. and Ago, Mariko and Balakshin, Mikhail Yu. and Jameel, Hasan and Gonzalez, Ronalds and Rojas, Orlando J.}, year={2018}, month={Sep}, pages={11853–11868} } @article{assis_houtman_phillips_bilek_rojas_pal_peresin_jameel_gonzalez_2017, title={Conversion Economics of Forest Biomaterials: Risk and Financial Analysis of CNC Manufacturing}, volume={11}, ISSN={["1932-1031"]}, url={https://doi.org/10.1002/bbb.1782}, DOI={10.1002/bbb.1782}, abstractNote={Abstract}, number={4}, journal={BIOFUELS BIOPRODUCTS & BIOREFINING-BIOFPR}, publisher={Wiley}, author={Assis, Camilla Abbati and Houtman, Carl and Phillips, Richard and Bilek, E. M. and Rojas, Orlando J. and Pal, Lokendra and Peresin, Maria Soledad and Jameel, Hasan and Gonzalez, Ronalds}, year={2017}, pages={682–700} } @article{de assis_houtman_phillips_bilek_rojas_pal_peresin_jameel_gonzalez_2017, title={Cover Image, Volume 11, Issue 4}, volume={11}, ISSN={1932-104X 1932-1031}, url={http://dx.doi.org/10.1002/BBB.1798}, DOI={10.1002/bbb.1798}, abstractNote={The cover image, by Camilla Abbati de Assis et al., is based on the Modeling and Analysis Conversion Economics of Forest Biomaterials: Risk and Financial Analysis of CNC Manufacturing, DOI: 10.1002/bbb.1782. image }, number={4}, journal={Biofuels, Bioproducts and Biorefining}, publisher={Wiley}, author={de Assis, Camilla Abbati and Houtman, Carl and Phillips, Richard and Bilek, E.M. (Ted) and Rojas, Orlando J. and Pal, Lokendra and Peresin, Maria Soledad and Jameel, Hasan and Gonzalez, Ronalds}, year={2017}, month={Jul}, pages={i-i} } @article{assis_gonzalez_kelley_jameel_bilek_daystar_handfield_golden_prestemon_singh_et al._2017, title={Risk management consideration in the bioeconomy}, volume={11}, ISSN={1932-104X 1932-1031}, url={http://dx.doi.org/10.1002/bbb.1765}, DOI={10.1002/bbb.1765}, abstractNote={Abstract}, number={3}, journal={Biofuels, Bioproducts and Biorefining}, publisher={Wiley}, author={Assis, C. A. and Gonzalez, R. and Kelley, S. and Jameel, H. and Bilek, T. and Daystar, J. and Handfield, R. and Golden, J. and Prestemon, J. and Singh, D. and et al.}, year={2017}, month={Apr}, pages={549–566} } @phdthesis{assis_2012, title={Análise técnico-econômica em estágios preliminares de projeto de processos - estudo de caso}, url={http://dx.doi.org/10.47749/t/unicamp.2012.881741}, DOI={10.47749/t/unicamp.2012.881741}, school={Universidade Estadual de Campinas - Repositorio Institucional}, author={Assis, Camilla Abbati}, year={2012}, month={Oct} }