What are the Key Components of Initial Investment?
The key components include:
Research and Development (R&D): Developing new catalysts or optimizing existing ones requires substantial R&D efforts. Catalyst Production: The cost of producing or procuring catalysts can vary based on the material and technology used. Reactor Design: Designing reactors that maximize the efficiency of the catalyst is a significant investment. Process Optimization: Fine-tuning the process parameters to achieve optimal performance.
