How is Net Present Value (NPV) relevant to Catalysis Investments?
NPV is a financial metric that calculates the present value of expected future cash flows from an investment, minus the initial investment cost. In catalysis, NPV can be used to assess the long-term profitability of developing new catalysts or upgrading existing catalytic systems. A positive NPV indicates that the project is expected to generate more value than its cost, making it a worthwhile investment.