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  • Is soybean oil production economically feasible?
  • This demonstrates the process can earn profits within the service period, which is the assumption in this study. Therefore, capacities over 34.64 million kg of annual soybean oil productions are economically feasible operating scales. (8) Pay back Time = 100 ROI
  • What is soybean oil refining?
  • Refining of soybean oil is practiced as a purifying treatment designed principally to remove FFA while reducing the phosphatides or gums, coloring matter, insoluble matter, settlings, and miscellaneous unsaponifiable materials. Failure to remove these impurities causes the oil to foam, darken, smoke, and become cloudy when heated.
  • How much soybean oil production is a good return on investment?
  • From the ROI time, the 34.64 million kg of soybean oil production is close to 0%, which indicates this capacity is close to break-even point to earn profits for paying back the total investment. This also indicates when the capacity is larger than the scale, the producing stream starts to earn profits.
  • How do you treat soybean oil before refining?
  • The addition of the preferred acid treatment to the crude oil in a day tank is a convenient method for pretreatment. Crude soybean oils with a high level of phosphatides are usually treated with 0.05–0.2% of 75% food-grade phosphoric acid, depending on the calcium/magnesium content of the oil, for a minimum of 4–8 h before refining.
  • When does soybean oil production make a positive profit?
  • For different scales based on 2010s market estimations, a positive net profit is observed when the capacity is larger than 34.64 million kg of soybean oil production. Positive profits can be obtained when the capacity is scaled up to 86.61 million kg of soybean oil production.
  • Why is soybean meal important?
  • Soybean meal contributes over 60% of total revenues. High oil recovery and meal production are the driving force of oil extraction process. Hexane extraction is the most common method used in the industry to produce soybean oil due to its high oil recovery and lower production cost.