Business and Economics Journal

Department of Forestry and Range Sciences, University of Kordofan, Elobeid, Sudan

Publications

• Research   
  Development of Financial Model and Environmental Value of Roselle (Hibiscus sabdariffa) for Producing Natural Fiber Utilization into Technical Textile
  Author(s): Hamdon A. Abdelrhman*
  
  The objectives of this research are to develop a financial model of roselle fiber utilized into technical textile, as well as estimation of carbon emission and storage of its fiber utilization into Technical textile. The data were collected through the focus group discussion with roselle growers as well as the sellers. To supplement the primary data, the secondary data were used; the surrogate market mechanism also was applied. The cost benefit analysis model was developed. The results depicted that, the roselle fibers utilized into technical textile with aramid replacement by 30% financially is feasible with high NPV, ROI, IRR and BCR exceeding one. Moreover, varying the discount rate from 8% to 15% raising the price of clean bast fiber prices by 20% raising the cost of investment by 20%, the analysis illustrated that, roselle fiber is financially viable in all the .. Read More»
  DOI: 10.37421/2151-6219.2021.11.344

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