Technical, Economic, and Sustainability Evaluation Integrated with PI System Monitoring: A Case Study on Different Process Alternatives for Acetone Production
Matheus Vittori Ferreira, André Ferreira Young, José Carlos Costa da Silva Pinto
TL;DR
This paper evaluates different acetone production processes using technical, economic, and sustainability analysis, showing how process optimization can improve profitability and reduce costs.
Contribution
The novel integration of PI System monitoring with technical-economic-sustainability analysis for acetone production is demonstrated.
Findings
Combining energy source changes and temperature optimization increased revenues by 5.2% and reduced costs by 0.26%.
The optimized process achieved a net present value (NPV) of US$4.63 M, 372% higher than the baseline.
Using a PI System environment enabled real-time monitoring and improved process safety and KPI tracking.
Abstract
Process optimization, monitoring, and control play important roles in chemical plants. In an ever-changing environment related to climate concerns, reducing costs, keeping the product’s quality, producing more, and finding eco-friendly solutions are crucial to a company’s financial stability. Therefore, technical–economic techniques are often applied to verify the feasibility of those practices. Alternative scenarios on process configurations of acetone production via the dehydrogenation of isopropyl alcohol are the object of study of this work. A temperature optimization case study in the reactor was executed to evaluate the possibility of increasing the production. An economic analysis was performed for each scenario, comparing them and evaluating their attractiveness. To simulate as if they were a real and live plant, a PI System environment was developed, creating a dashboard for…
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Taxonomy
TopicsProcess Optimization and Integration · Extraction and Separation Processes · Advanced Control Systems Optimization