SCIENCO® Brinemaker Return-On-Investment Analysis
A short discussion of the economics of installing a bulk brinemaking system. The four main avenues of cost savings are:
- Lower salt costs
- Reduced handling costs
- No warehouse space required
- No bag disposal costs
Competitive situations notwithstanding, normal variations in salt costs depend upon the salt type; whether it is "Rock Salt", or "Granulated-Food Grade" or "Solar Salt" The source location, Northern, Southern, Bahaman's or Salt Lake City, Utah. Transportation costs can make big differences in salt costs.
The range of salt cost savings vary between $ 60 up to $90 per ton of Bagged Salt vs. Bulk Salt Delivered.
Bulk Salt is delivered to the brinemaking system in a pneumatically unloaded tank truck in 22 to 25 ton truckloads. Therefore, a typical bulk salt user purchasing Salt for $60 per ton less than Bagged salt and using 50 tons a month would first of all save $3,000 per month.
The Capital Cost of SCIENCO® FG Series Brinemakers range from $19,500 up to a maximum of $38,500, with the average system about $30,856. Now it is easy to see that the typical user can pay for the investment in about 10 months and in an even shorter period if the monthly salt usage is greater than 50 tons.
In addition to the basic savings in salt costs, additional savings are realized because the SCIENCO® Brinemaker does not require any operating personnel to physically move one ton pallets from the delivery truck to the storage area, then transfer these pallets to the use point, and finally as there are no bags involved, the cost of bag disposal is also eliminated.
Investment Analysis Worksheet
| |
Rock Salt |
Food Grade |
| Capital Cost for 35 ton Brinemaker |
$30,856 |
$30,856 |
| Bag Salt Cost Per Ton |
$160 |
$200 |
| Bulk Salt Cost Per Ton |
$70 |
$140 |
| Savings Per Ton |
$90 |
$60 |
| 50 Tons/Month x 12 Months = Savings |
$54,000 |
$36,000 |
| ROI Capital Cost/Savings |
4.75 months |
10.3 months |
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