initial cost:

How to Minimize Initial Costs?

There are several strategies to minimize the initial costs in catalysis:
Optimize Catalyst Selection: Choose a catalyst that offers the best balance between cost and performance.
Modular Reactor Design: Use modular designs that can be scaled up or down based on requirements, reducing design and construction costs.
Collaborations and Partnerships: Partner with academic institutions or other companies to share costs and resources.
Government Grants and Subsidies: Seek funding from government programs that support innovation in catalytic technologies.
Second-hand Equipment: Consider purchasing pre-owned equipment that meets the required specifications.

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