Top.Mail.Ru
Preview

Vestnik Universiteta

Advanced search

VALUATION OF INVESTMENT ATTRACTIVENESS OF THE PROJECT FOR THE PRODUCTION METHANOL IN RUSSIA

https://doi.org/10.26425/1816-4277-2020-6-129-135

Abstract

The issues of assessing the investment attractiveness of the project for the production of methanol in Russia have been considered. A model for calculating the internal rate of return and evaluating the investment project for the methanol industry has been proposed. The developed investment project evaluation model includes preparation of forecast information, identification and analysis of internal trends of the company, formation of project reports, as well as financial justification for calculating the internal rate of return. The investment attractiveness of a typical large-capacity methanol plant has been carried out, the main key factors affecting operating flows have been revealed. The assessment perfomed has showed
the high potential of methanol production projects in Russia.


About the Authors

D. V. Voyko
State University of Management
Russian Federation

Candidate of Economic Sciences

Moscow



A. G. Berg
State University of Management
Russian Federation
Student

Moscow


References

1. Breili R., Maiers S. B89 Printsipy korporativnykh finansov [B 89 Principles of corporate finance]. Per. s angl. N. Baryshnikovoi. Moscow, ZAO “Olimp – Biznes”, 2008. 1 008 p.

2. Damodaran A. Investitsionnaya otsenka: Instrumenty i metody otsenki lyubykh [Investment valuation: Tools and methods for evaluating any]. Per. s angl. 7-e izd. Moscow, Al'pina Pablisher, 2011. 1323 p.

3. Gryaznova A. G., Fedotova M. A., Eskindarov M. A., Tazikhina T. V., Ivanova E. N., Shcherbakova O. N. Otsenka stoimosti predpriyatiya (biznesa) [Valuation of the enterprise (business)]. Moscow, INTERREKLAMA, 2003. 544 p.

4. Kotova N. E., Kuznetsov N. V. Kontseptsiya sistemy monitoringa investitsionnoi deyatel'nosti estestvennykh monopolii [Concept of the system for monitoring investment activity of natural monopolies]. Upravlenie, 2018, no. 6 (3), pp. 27-33. DOI: 10.26425/2309-3633-2018-3-27-33.

5. Mozgovoi A.I. Formirovanie konkurentnykh preimushchestv rossiiskikh transnatsional'nykh korporatsii v usloviyakh globalizatsii [Formation of competitive advantages of Russian transnational corporations in the context of globalization]. Upravlenie, 2019, no. 7 (3), pp. 30-37. DOI: 10.26425/2309-3633-2019-3-30-37.

6. Akishin D., Mamakov A., Korovyakov A., Statsura M. Gazokhimiya Rossii. Ch.' 1. Metanol: poka tol'ko plany [Gas chemistry of Russia. Part 1. Methanol: so far only plans, part 1]. Available at: https://vygon.consulting/upload/iblock/f22/vygon_consulting_russian_methanol_industry_development.pdf (accessed 10.03.2020).

7. Biznesstat. Analiz rynka metanola v Rossii v 2014–2018 gg., prognoz na 2019-2023 gg. [Analysis of the methanol market in Russia in 2014–2018, forecast for 2019–2023]. Available at: https://marketing.rbc.ru/research/40937/ (accessed 11.03.2020).

8. Global methanol. HIS market forecast. Available at: https://ihsmarkit.com/products/chemical-market-methanol-global.html (accessed 14.03.2020).

9. New Texas methanol plant reaches turning point. Available at: https://www.rigzone.com/news/new_texas_methanol_plant_reaches_turning_point-29-aug-2018-156785-article/ (accessed 15.03.2020).

10. Rosenbaum J., Pearl J. Investment banking, valuation, leveraged buyouts, and mergers & acquisitions. 2nd Edition. Published by John Wiley & Sons, Inc., Hoboken, New Jersey, Published simultaneously in Canada, 2013. 464 p.


Review

For citations:


Voyko D.V., Berg A.G. VALUATION OF INVESTMENT ATTRACTIVENESS OF THE PROJECT FOR THE PRODUCTION METHANOL IN RUSSIA. Vestnik Universiteta. 2020;(6):129-135. (In Russ.) https://doi.org/10.26425/1816-4277-2020-6-129-135

Views: 520


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 1816-4277 (Print)
ISSN 2686-8415 (Online)