2022 Spring Meeting and 18th Global Congress on Process Safety Proceedings
(170c) Techno-Economics Analysis and Life Cycle Assessment for Pyrolysis of Mixed Waste Plastics
Authors
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.