A techno-economic study was completed for a customer who was evaluating a new process technology. This study provided a summary of the advantages and disadvantages of the new technology relative to competitive technologies. Using available information, a cost estimate for capital and operating cost was developed. Ways to differentiate the technology and improve its competitiveness were identified. As part of the study, a prioritized list of opportunities was assembled as possible markets or applications in which the technology may be explored. Recommendations were provided that could lead to a competitively advantaged technology.
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