@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} } @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{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{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={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{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={AbstractConversion economics, risk, and financial analyses for an industrial facility manufacturing cellulose micro‐ and nanofibrils (CMNF) from wood pulp is presented. Process data is based on mass and energy balances from a pilot facility in the University of Maine. Here, CMNF is produced from untreated wood pulp by using disk refining, with an assumed production capacity of 50 t (dry metric ton equivalent) per day. Stand‐alone and co‐location manufacturing facilities were simulated and assessed. Minimum product selling prices (MPSP, estimated to achieve a 16% hurdle rate) for different scenarios ranged from USD 1893/t CMNF to USD 2440/t CMNF (dry equivalent). Pulp and energy consumption were identified as major cost drivers. Consequently, it was found that the use of alternative feedstock, in addition to co‐location configuration, can reduce MPSP by 37%. Since estimated MPSP of CMNF is lower than cellulose nanocrystals (CNC) – both estimated to achieve a 16% hurdle rate, we believe market adoption of CMNF in the near term is more promising, regardless of specific applications. This study provides state of the art business intelligence information on the conversion economics, risk, and financial analyses for CMNF manufacturing. Thus, the data represents valuable information to entrepreneurs, R&D scientists, and product developers who plan to adopt CMNF in their processes and products. © 2017 Society of Chemical Industry and John Wiley & Sons, Ltd}, 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{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={AbstractCommercialization of cellulose nanocrystals (CNC) presents opportunities for a wide range of new products. Techno‐economic assessments can provide insightful information for the efficient design of conversion processes, drive cost‐saving efforts, and reduce financial risks. In this study, we conducted techno‐economic assessments for CNC production using information from the USDA Forest Products Laboratory Pilot Plant, literature, and discussions with experts. Scenarios considered included variations related to greenfield, co‐location, and acid recovery. Operating costs, capital investment, minimum product selling price (MPSP), financial performance metrics, and the effect of drying and higher reaction yields on CNC manufacturing financials were estimated for each scenario. The lowest MPSP was found for the co‐location without acid recovery scenario, mainly driven by capital investment. Risk analysis indicates 95% probability of manufacturing costs lower than USD 5900/t of CNC (dry equivalent) and a MPSP lower than USD 7200/t of CNC (dry equivalent). Finally, based on our analysis, we provide guidance on process optimizations that can improve the economic performance of CNC manufacturing process. In addition, a risk profile of the CNC manufacturing business is provided. © 2017 Society of Chemical Industry and John Wiley & Sons, Ltd}, 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={AbstractIn investing in a new venture, companies aim to increase their competitiveness and generate value in scenarios where volatile markets, geopolitical instabilities, and disruptive technologies create uncertainty and risk. The biobased industry poses additional challenges as it competes in a mature, highly efficient market, dominated by petroleum‐based companies, and faces significant feedstock availability and variability constraints, limited technological data, and uncertain market conditions for newly developed products. Thus, decision‐making strategies and processes for these investment projects must consider solid risk estimation and mitigation measures. Focusing on the biobased industrial sector, this paper critically reviews state‐of‐the‐art probabilistic and deterministic methodologies for assessing financial risk; discusses how a complete risk analysis should be performed; and addresses risk management, listing major risks and possible mitigation strategies. © 2017 Society of Chemical Industry and John Wiley & Sons, Ltd}, 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} }