First Problem Statement You are working for a fragrance company, and your R&D department thinks they may have just created the next big perfume scent, describing it as “pleasantly woodsy with a hint of floral.†The R&D department has been able to synthesize this chemical using the following Diels-Alder reaction at a small, lab bench scale using the reactants 2,3-dimethyl-1,3-butadiene and acrolein and a methanol solvent: It’s up to you to determine if this new compound can be made industrially. Before diving into the chemical engineering aspects of this decision, your boss wants you to evaluate whether this project appears to be economically feasible by looking at pricing data for the reactants and projecting what the new fragrance can be sold for based on similar chemicals.

She’s also concerned about policy and regulatory issues with the sale and transportation of the raw materials, so any applicable regulations should be addressed along with the economic feasibility. Prepare a summary of your findings with your coworker for your boss, which she will need by October 10 before the end of business.

Paper for above instructions

Economic Feasibility and Regulatory Considerations for a New Woodsy Floral Fragrance

Introduction

The rapidly evolving fragrance market necessitates continuous innovation and evaluation of new products. Our Research and Development (R&D) department has synthesized a promising perfume compound using a Diels-Alder reaction between 2,3-dimethyl-1,3-butadiene and acrolein in methanol as a solvent. This report aims to assess the economic feasibility of industrial production for this new fragrance and discuss potential regulatory challenges concerning its production and transportation.

Economic Feasibility

To establish economic feasibility, we must consider two essential aspects: the cost of raw materials and the projected selling price of the new fragrance.
1. Cost of Raw Materials
- 2,3-Dimethyl-1,3-butadiene: This chemical is commercially available with prices typically ranging between to per kilogram, depending on the supplier and market fluctuations (Chemical & Engineering News, 2023).
- Acrolein: Acrolein's market price is approximately

First Problem Statementyou Are Working For A Fragrance Company And Yo

First Problem Statement You are working for a fragrance company, and your R&D department thinks they may have just created the next big perfume scent, describing it as “pleasantly woodsy with a hint of floral.†The R&D department has been able to synthesize this chemical using the following Diels-Alder reaction at a small, lab bench scale using the reactants 2,3-dimethyl-1,3-butadiene and acrolein and a methanol solvent: It’s up to you to determine if this new compound can be made industrially. Before diving into the chemical engineering aspects of this decision, your boss wants you to evaluate whether this project appears to be economically feasible by looking at pricing data for the reactants and projecting what the new fragrance can be sold for based on similar chemicals.

She’s also concerned about policy and regulatory issues with the sale and transportation of the raw materials, so any applicable regulations should be addressed along with the economic feasibility. Prepare a summary of your findings with your coworker for your boss, which she will need by October 10 before the end of business.

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