A joint economic evaluation and FP2O techno-economic resilience approach for evaluation of suspension PVC production

Autor: Tamy Carolina Herrera-Rodríguez, Miguel Ramos-Olmos, Ángel Darío González-Delgado
Jazyk: angličtina
Rok vydání: 2024
Předmět:
Zdroj: Results in Engineering, Vol 24, Iss , Pp 103069- (2024)
Druh dokumentu: article
ISSN: 2590-1230
DOI: 10.1016/j.rineng.2024.103069
Popis: The production of polyvinyl chloride (PVC) involves obtaining a thermoplastic polymer from vinyl chloride monomer (VCM) and ethylene, primarily through the suspension method. This process is vital for manufacturing various products, such as pipes and coatings. However, its high-energy consumption necessitates economic evaluations to assess feasibility. In this work, a dual approach is proposed: a Feedstock-Processing-Product-Operation (FP2O) based techno-economic resilience analysis via sensitivity analysis alongside economic evaluation. The study evaluated a PVC production process with a capacity of 518,400 t/y of VCM over a 15-year plant lifespan. The techno-economic assessment revealed a Total Capital Investment of $609, 882, 203, a Payback Period of 4.22 years, and a Return on Investment of 14.38 %. Positive Net Present Value and a cost/benefit ratio >1 indicate the plant's installation under proposed conditions is favorable. Additionally, the technical-economic resilience analysis identified the process's response to changes in PVC price, raw material costs, and production capacity, guiding improvement actions pre- and post-plant assembly.
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