Page 221 - Proceeding The 2nd International Seminar of Science and Technology : Accelerating Sustainable Innovation Towards Society 5.0

nd
The 2 International Seminar of Science and Technology
“Accelerating Sustainable innovation towards Society 5.0”
ISST 2022 FST UT 2022
Universitas Terbuka

and shredded. However, with the improvement of science and
technology for processing fishery products, the diversification of
processed products made from raw fish with various types and forms
has been found in the community, such as: nugget, fishstick, fish roll,
ekado, dragon leg and so on. With the development of fish processing
businesses in TSM as well as among the community in Cirebon, it can
create jobs, increase the income of fish processors and their families
and can increase local revenue through retribution/taxes.
3.1.6 Environmental Aspects
Environmental aspects are very meaningful for the sustainability of the
company, because the company cannot be separated from the
environment in which it is located, so what must be considered is the
local community, situation, conditions, and culture [18]. The business
activities of processing fishery products carried out by TSM produce
organic waste in the form of remains of meat, fish bones and other
waste (fish entrails) that are not processed which can be utilized by
others. Waste in the form of remains of meat and fish entrails can be
used as an additional ingredient for animal feed, while fish bones can
be processed into fish bone meal as an ingredient for making animal
feed or fish feed.
In addition, fish bones have various functions other than being used
as fish meal, which can be used as organic fertilizer. The advantages
of organic fertilizer from fish waste include: (1) the fertilizer produced
is an organic fertilizer with more complete nutrients than inorganic
fertilizers; (2) make the leaves of ornamental plants more shiny, more
flowers, and last longer; (3) the availability of abundant and cheap raw
materials because it utilizes fish processing waste; (4) competitive
selling prices compared to very expensive imported products; (5) fulfill
the concept of back to nature through organic farming [19].

3.2 Financial Analysis
3.2.1 Net Present Value (NPV)
Based on the NPV calculation in Table. 1, the fish jelly processing unit
implemented by TSM is declared feasible because the NPV is greater
198 ISST 2022 – FST Universitas Terbuka, Indonesia
International Seminar of Science and Technology “Accelerating Sustainable
Towards Society 5.0