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Valuation of Economic Utilization of Fish Processing Waste Patin (Pangasius Hypopthalmus) as an Added Value for Fish Processing Industry Players in the District Kampar, Riau

Author

Listed:
  • Marnis
  • Syahrul
  • Fitri
  • Mardayulis

Abstract

At this time there is no productive enterprise specializing in the utilization of solid waste from the processing of catfish into industrial raw materials of food and fish feed. Chances are this is due to the unavailability of data and information adequate technical and economical. In order to meet the needs that the research was conducted. This study aimed to analyze the economic valuation of the utilization of industrial solid waste processing of catfish, the raw material of functional food and feed that meet the quality standards in accordance with the National Standards Indonnesia (SNI) as well as to determine on whether viable or not the establishment of the business of processing food and feed of waste solid results catfish processing household or industrial scale. This research was a laboratory scale experiments using technology that has undergone several modifications. The results showed that the technology is able to produce industrial raw materials in the form of Fish Protein Concentrate (KPI), fish oil, bone powder and pyloric caeca crude enzyme in accordance with the Indonesian National Standard. Judging from the environmental impact assessment and business analysis (Gross Benefit Cost Ratio = 1.15> 1), amounting to 2,607 Profitabilty Ratio> 1, and an IRR of 65.91> 18%, then the utilization of solid waste business establishment catfish processing household scale feasible.

Suggested Citation

  • Marnis & Syahrul & Fitri & Mardayulis, 2016. "Valuation of Economic Utilization of Fish Processing Waste Patin (Pangasius Hypopthalmus) as an Added Value for Fish Processing Industry Players in the District Kampar, Riau," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 8(9), pages 104-116, September.
  • Handle: RePEc:ibn:ijefaa:v:8:y:2016:i:9:p:104-116
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    More about this item

    Keywords

    economic valuation; solid waste catfish and industrial raw materials;

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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