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

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 (FP 2 O) 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. • Explores the production of polyvinyl chloride (PVC) from vinyl chloride monomer (VCM) and ethylene using the suspension method. • Utilizes a Feedstock-Processing-Product-Operation (FP 2 O) based techno-economic resilience analysis along with traditional economic evaluation. • Positive Net Present Value and a cost/benefit ratio greater than 1 suggest favorable conditions for plant installation. • Identifies the process's response to changes in PVC price, raw material costs, and production capacity, providing guidance for improvement actions. • Combines economic evaluation with techno-economic resilience analysis for a robust assessment of suspension PVC production.

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Publication Details

Journal
Results in Engineering
Published
2024-10-11
DOI
https://doi.org/10.1016/j.rineng.2024.103069
Citations
9
Primary Topic
Polymer Science and PVC
Type
article
Field-Weighted Citation Impact
1.52
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article

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

Tamy Carolina Herrera-Rodríguez, Ángel Darío González-Delgado, Miguel Ramos-Olmos
9 citations
Results in Engineering
Polymer Science and PVC
1.52
article

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

Tamy Carolina Herrera-Rodríguez, Ángel Darío González-Delgado, Miguel Ramos-Olmos
article en
9 citations

Abstract

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 (FP 2 O) 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. • Explores the production of polyvinyl chloride (PVC) from vinyl chloride monomer (VCM) and ethylene using the suspension method. • Utilizes a Feedstock-Processing-Product-Operation (FP 2 O) based techno-economic resilience analysis along with traditional economic evaluation. • Positive Net Present Value and a cost/benefit ratio greater than 1 suggest favorable conditions for plant installation. • Identifies the process's response to changes in PVC price, raw material costs, and production capacity, providing guidance for improvement actions. • Combines economic evaluation with techno-economic resilience analysis for a robust assessment of suspension PVC production.

Results in EngineeringVol. 24
University of Cartagena (CO)
Climate action
Openalex Percentile: Top 19%
Polymer Science and PVC
1.52
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