This is the most important stage on the way of a chemical product to the market. FS consists of the development of conceptual documents that determine the possibility of a particular production & business direction. A feasibility study is a guide for deciding whether or not to be a production facility.
It generally includes a detailed analysis of the proposed facility in terms of technology (with the study of the technology itself, main equipment, infrastructure, etc.), economics (estimation of the financial and economic model, cost recovery, taking into account the cost of money, labor, taxes etc.).