Please use this identifier to cite or link to this item:

Title: Management of Pinus pinaster Aiton for wood and resin production: A technical-financial feasibility analysis.
Authors: Sandim, A.
Silva, M. E.
Gonçalves, Ana Cristina
Tomé, M.
Fonseca, T. F.
Editors: Gonçalves, Ana Cristina
Teresa, Fidalgo Fonseca
Keywords: internal rate return
net current value
net profitability index
discounted pay back
Issue Date: 2022
Publisher: InTechOpen
Citation: Sandim, A.; Silva, M. E.; G.; Gonçalves, A. C.; Tomé, M.; Fonseca, T. F.; 2022. Management of Pinus pinaster Aiton for wood and resin production: A technical-financial feasibility analysis. In: Conifers: Recent Advances. Ana Cristina Gonçalves and Teresa Fonseca (Eds). InTechOpen, London, United Kingdom. 165-183.
Abstract: Maritime Pine sector is an important agent for promoting economy and sustainable development in Portugal. Among the products explored in these forests are wood and resin. The objective of this work was to evaluate the technical and financial viability from the creation of three simulated exploration scenarios: Wood Exploration (W), Resin (R) and Wood + Resin (WR), for this it was defined a loss of 16% of wood volume in resined forest stands and created operational models that defined the costs, investments and revenues that made it possible to prepare cash flow for each scenario and apply the Internal Rate of Return (IRR) feasibility analysis indicators, Net Current Value (VAL), Net Profitability Index (NPI) and Discounted Pay Back (DPB). Scenario R presented the best indicators, however, with absolute values that were not attractive and that the W and WR scenario presented viability but with a DPB at 10 years of age. The loss of wood was not compensated by resin production. The indicators of the WR scenario fell short of those observed in scenario R. Increased market price of resin and scale gain can overcome wood loss and ensure added value in the joint exploration of wood and resin.
ISBN: 978-1-83969-777-7
Type: bookPart
Appears in Collections:ERU - Publicações - Capítulos de Livros

Files in This Item:

File Description SizeFormat
Pb_resin_2022a.pdf1.21 MBAdobe PDFView/OpenRestrict Access. You can Request a copy!
FacebookTwitterDeliciousLinkedInDiggGoogle BookmarksMySpaceOrkut
Formato BibTex mendeley Endnote Logotipo do DeGóis 

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.


Dspace Dspace
DSpace Software, version 1.6.2 Copyright © 2002-2008 MIT and Hewlett-Packard - Feedback
UEvora B-On Curriculum DeGois