Price-targeting through repeated flowsheet re-synthesis in developing novel processing equipment

L. T. Fan, Tengyan Zhang, Jiahong Liu, Paul A. Seib, Ferenc Friedler, Botond Bertok

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Novel processing equipment, i.e., operating units, such as reactors and separators, which are deemed to be technically feasible, are continually under development for commercialization. It is, however, not always easy to establish the target or benchmark in terms of price to gauge if the operating unit under development has become economically viable or cost-effective: The economic viability or cost-effectiveness is invariably application-specific. For instance, pervaporation is technically one of the most promising separation methods developed in recent years for removing volatile organics from their dilute mixtures and solutions.1-5 Nevertheless, it might be cost-effective only for manufacturing pharmaceuticals having exorbitant prices but not for the large-tonnage production of an organic chemical or solvent of relatively low price at the current stage of its development.

Original languageEnglish
Title of host publication2007 AIChE Annual Meeting
Publication statusPublished - Dec 1 2007
Event2007 AIChE Annual Meeting - Salt Lake City, UT, United States
Duration: Nov 4 2007Nov 9 2007

Publication series

NameAIChE Annual Meeting, Conference Proceedings

Other

Other2007 AIChE Annual Meeting
CountryUnited States
CitySalt Lake City, UT
Period11/4/0711/9/07

Keywords

  • Butanol
  • Downstream processing
  • Novel processing unit
  • P-graphs
  • Pervaporation
  • Process synthesis

ASJC Scopus subject areas

  • Chemical Engineering(all)
  • Chemistry(all)

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  • Cite this

    Fan, L. T., Zhang, T., Liu, J., Seib, P. A., Friedler, F., & Bertok, B. (2007). Price-targeting through repeated flowsheet re-synthesis in developing novel processing equipment. In 2007 AIChE Annual Meeting (AIChE Annual Meeting, Conference Proceedings).