Book Description

This report presents a cost analysis of Polymer Grade (PG) Propylene production from ethylene and raffinate-2 using a metathesis process. The process examined is similar to CB&I Lummus Technology's Olefins Conversion Technology (OCT). In this process, Polymer Grade Propylene is produced through a metathesis reaction of ethylene with 2-butene, present in raffinate-2 feedstock. This report examines one-time costs associated with the construction of a plant and the continuing costs associated with the daily operation of such a plant. More specifically, it discusses: * Capital Investment, broken down by: - Total fixed capital required, divided in process unit (ISBL); infrastructure (OSBL), contingency and owner's cost - Total fixed capital required, divided in process unit (ISBL); infrastructure (OSBL), contingency and owner's cost - Working capital and costs incurred during industrial plant commissioning and start-up * Operating cost, broken down by: - Variable operating costs (raw materials, utilities) - Fixed operating costs (maintenance, operating charges, plant overhead, local taxes and insurance) - Depreciation This report was developed based essentially on the following reference(s): (1) US Patent 8440874, issued to Lummus Technology and BASF in 2013 (2) US Patent 20050124839, issued to Lummus Technology in 2005 Keywords: PG Propylene, Olefins Disproportionation, Lummus OCT, Olefins Metathesis, Phillips Triolefin, Propene, Ethene, Butylene, On-Purpose Propylene Production