Evaluating the Optimal Capacity for the Implementation ofFluidized Catalytic Cracking in the Refinery by the Technical and EconomicAnalysis
2021
Fluidized catalytic cracking (FCC) unit has vital role in the process of
modern refineries because this unit is used for production of valuable refinery
products. The aim of this research is to study different capacities of the
feedstock in FCC unit and to find the maximum available capacity with
consideration of technical and economic criteria. In this regard, process
simulation of this unit is performed in the Aspen HYSYS software. Next, this
process simulation is imported to Aspen Capital Cost Estimator (or ICARUS) for
operating cost (OPEX) and capital cost (CAPEX) evaluations. Finally, it is tried
to optimize the capacity of fluidized bed catalytic cracking process. By
investigating the results, it was revealed that the breakeven point (BEP) in
this unit is in the capacity of 30 000 barrels per day. It means that total cost
(operating and capital costs) and net profit (revenue of products) are equal and
at the higher capacities than this BEP, FCC unit has profitability. Based on the
economic analysis, it could be found that CAPEX and OPEX in the BEP capacity
will be more than 156 618 948 $ and 37 432 199 $/yr, respectively.
Keywords:
- Correction
- Source
- Cite
- Save
- Machine Reading By IdeaReader
36
References
0
Citations
NaN
KQI