Evaluation of Cost Effectiveness of Onibode Fire-Clay for Production of High Quality Refractory Bricks

Simple item page
dc.contributor.authorEsezobor, D.E.
dc.contributor.authorApeh, F.I.
dc.contributor.authorUdo, M.O.
dc.contributor.authorFabiyi, M.
dc.contributor.authorApeh, E.S.
dc.date.accessioned2019-11-18T08:49:50Z
dc.date.available2019-11-18T08:49:50Z
dc.date.issued2015
dc.descriptionStaff publicationsen_US
dc.description.abstractIn establishing a plant or factory, the cost-benefit analysis is needed to determine the viability for such financial investment on the project. In this paper, the cost establishing a factory of 200,000 bricks per annum capacity, for the production of high quality refractory bricks from locally available raw materials in Nigeria was evaluated. The evaluation was conducted on the virgin refractory material (100%) as well as with varied percentages (10% - 40%) of alumina additions. The result of cost benefit analysis indicated that, the project was viable, with the highest cost at N1,203.66 per brick as against N1,800 (at 3 years projections) of the imported brick. The payback period for the capital investment was very short (within two years). The findings will aid investors in decision makings.en_US
dc.identifier.citationEsezobor, D.E., Apeh, F.I., Udo, M.O., Fabiyi, M. and Apeh, E.S. (2015). Evaluation of Cost Effectiveness of Onibode Fire-Clay for Production of High Quality Refractory Bricks. Journal of Minerals and Materials Characterization and Engineering, 3, 399-408. http://dx.doi.org/10.4236/jmmce.2015.35042en_US
dc.identifier.otherhttp://dx.doi.org/10.4236/jmmce.2015.35042
dc.identifier.urihttps://ir.unilag.edu.ng/handle/123456789/6891
dc.language.isoenen_US
dc.publisherJournal of Minerals and Materials Characterization and Engineeringen_US
dc.relation.ispartofseriesJournal of Minerals and Materials Characterization and Engineering;Vol.3
dc.subjectCost-benefit-analysisen_US
dc.subjectHigh-tempretureen_US
dc.subjectRefractory bricksen_US
dc.subjectSteel plantsen_US
dc.subjectResearch Subject Categories::TECHNOLOGYen_US
dc.titleEvaluation of Cost Effectiveness of Onibode Fire-Clay for Production of High Quality Refractory Bricksen_US
dc.typeArticleen_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
P14_Evaluation of Cost Effectiveness_JMMCE.pdf
Size:
394.13 KB
Format:
Adobe Portable Document Format
Description:
Main article
Download
License bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Metallurgical and Materials Engineering- Scholarly Publications