“…Natural gas, $/GJ 3.7 [35] Methanol, $/tonne 609 [36] Electricity $13.2 per kilowatt of billing demand plus 2.7 cents per kWh [37] Labour wage, $/h 26.3 [38] Methanol catalyst, $/kg 117.1 [32,39] Cooling water, $/tonne 0.03 [32,39] Process water, $/tonne 1.23 [32,39] Wastewater disposal, $/tonne 0.492 [32,39] Oxygen, $/tonne 66.69 [32,39] CAPEX assumptions [40,41] Delivery OPEX assumptions [40,41] Number of operators per shift 12 (based on 6 process units [42] ) Number of shifts 5 [42] Supervision and engineering 22% of labour wages Plant overhead 7.1% of TWSE (1) Operating supplies and services 6% of labour wages Mechanical department services evaluated (Sections 3.1 and 3.2). Using the CAPEX and OPEX estimation results, the minimum selling price of methanol to achieve a profitable plant is estimated using the NPV calculations (Section 3.3).…”