(170c) Techno-Economics Analysis and Life Cycle Assessment for Pyrolysis of Mixed Waste Plastics
AIChE Spring Meeting and Global Congress on Process Safety
2022
2022 Spring Meeting and 18th Global Congress on Process Safety Proceedings
Environmental Division
Plastic Waste Management and Circular Economy II
Wednesday, April 13, 2022 - 11:15am to 11:45am
The base case model predicts a minimum selling price (MSP) for BTX aromatics at a zero net present value (NPV) for an nth plant with a 30-year plant life. The credits from the sale of multiple co-products significantly lower the overall costs. Feedstock cost, solvent cost, and discount rate are identified as key economic drivers through sensitivity analysis. A multivariate analysis was conducted to reflect the impact of fluctuations of WTI crude oil price on the different product and co-products obtained in this work. As catalyst research progresses, two scenarios based on high olefins and aromatics production were proposed, both of which show a potential reduction in MSP vis-à-vis the base case. Overall, this study suggests that research should prioritize ways to increase yields of industrially relevant products, minimize solvent loading, utilize low-value polymers such as films and flexibles that are currently discarded, and facilitate integration with petrochemical refineries.