Sie sind auf Seite 1von 78

Polypropylene

via Gas Phase


Process

#TEC004B
Technology Economics
Polypropylene Production via Gas Phase Process
2013

Abstract
Polypropylene is a thermoplastic polymer with low specific gravity, high stiffness, relatively high temperature resistance and good
resistance to chemicals and fatigue. These exceptional properties, combined with this materials versatility have made it one of the
most widely used polymers, second only to polyethylene in terms of global demand. The global market for polypropylene was
over 50 million metric tons in 2011 as it was utilized in a broad and diverse range of end-uses from injection molding applications
to film and sheet, raffia and fiber, among others.
Growth in polyolefin consumption will be largely driven by the rapid economic development of numerous transition countries in
the Asia Pacific region, Central Europe, the Middle East and South America. On the supply side, the shift in global steam cracker
production toward lighter, natural gas-based feedstock is increasingly limiting by-product propylene output. The resulting tight
supply of propylene has led to higher propylene and polypropylene prices, which are encouraging investments in alternate
propylene sources, as the on-purpose technologies. High propylene feedstock prices also rendered the construction of standalone polypropylene plants infeasible, making upstream integration indispensable for most of the new polypropylene projects.
Gas phase polypropylene production technology is the fastest growing route for producing polypropylene homopolymers and
random copolymers. In this report, the production of polypropylene through the polymerization of propylene via a gas phase
process is reviewed. Included in the analysis is an overview of the technology and economics of a method similar to the Dow
UNIPOL TM process. Both the capital investment and the operating costs for plants erected on the US Gulf Coast are presented.
The economic analysis presented in this study is based on a 400 kta polypropylene plant. Two scenarios are analyzed: a standalone unit, obtaining feedstock at market prices and a plant integrated upstream with a propylene source, acquiring feedstock at a
transfer price, below market average. The economic feasibility of both scenarios is presented and the actual market conditions for
polypropylene production are discussed.
Propylene elevated market prices in the USA make it unprofitable to operate a stand-alone PP unit in that country. However, when

Copyrights 2013 by Intratec Solutions LLC. All rights reserved. Printed in the United States of America.

This Publication Was Not a Publication


It was actually an advisory
service ordered by one of our
clients, now disclosed to our
readership with his consent.
It results from the innovative
concept, designed by Intratec for
leading companies in the chemical and allied
sectors who have asked for more affordable
and reliable studies to plan their investments.
Intratecs strategy works by charging clients
lower-than-market fees to conduct a
technology advisory service with the
understanding that such studies may be
released, after an agreed upon period of time,
as publications.
Available through well-known sales channels
such as Amazon, Google Books and HP
MagCloud, our publications can be purchased
by any interested reader.

In short, our clients receive


traditionally expensive studies
for a fraction of the cost, and
our readers get unprecedented
access to real professional
publications at steep discounts.

How Readers Benefit?


From academics to industry executives, our
readers benefit by gaining access to real
consulting cases, released for the first time to
the market as one-of-a-kind publications at
affordable prices.
Through our university discount policy,
students and faculty members will be able to
become familiar with challenges faced by
industry for a price similar to a usual textbook.

How Clients Benefit?


While traditional consulting firms charge their
clients hundreds of thousands of dollars,
Intratec offers, from the convenience of a web
browser, a much better advisory experience
for a price 80% lower than market.

What is Technology
Economics?
Advisory services targeting investments on
new chemical units, answering:
What is the process? What equipment is
necessary?
What are the raw materials and utilities
consumptions?
What are the operating and capital
expenses?
In which locations is this technology more
profitable?
Each new assignment comprises of a study
structured like this publication, valuable
spreadsheets and broad support.

ii

Consulting as Publications at a Glance


Reshaping the Advisory Industry
1) Our publications are accessed and attested to by a huge audience . . .
2) . . . including potential clients who like the publication structure . . .
3) . . . and order advisory services based on the same format.
4) If our clients agree, their advisory services are disclosed as publications.

Everyone Benefits from Cost Sharing & Online Experience


1) Readers purchase our publications at steep discounts online . . .
4) . . . because they were actually consulting cases . . .
3) . . . requested online by the initial client . . .
2) . . . who shared the costs with the readers.

For a better understanding of our innovative concept, please visit www.intratec.us.


iii

Terms & Conditions


Information, analyses and/or models herein presented
are prepared on the basis of publicly available
information and non-confidential information disclosed
by third parties. Third parties, including, but not limited
to technology licensors, trade associations or
marketplace participants, may have provided some of
the information on which the analyses or data are based.
Intratec Solutions LLC (known as Intratec) does not
believe that such information will contain any
confidential information but cannot provide any
assurance that any third party may, from time to time,
claim a confidential obligation to such information.
The aforesaid information, analyses and models are
developed independently by Intratec and, as such, are
the opinion of Intratec and do not represent the point of
view of any third parties nor imply in any way that they
have been approved or otherwise authorized by third
parties that are mentioned in this publication.
The application of the solutions presented in this
publication without license from the owners infringes on
the intellectual property rights of the owners, including
patent rights, trademark rights, and rights to trade
secrets and proprietary information.
Intratec conducts analyses and prepares publications
and models for readers in conformance with generally
accepted professional standards. Although the
statements in this publication are derived from or based
on several sources that Intratec believe to be reliable,
Intratec does not guarantee their accuracy, reliability, or
quality; any such information, or resulting analyses, may
be incomplete, inaccurate or condensed. All estimates
included in this publication are subject to change
without notice. This publication is for informational
purposes only and is not intended as any
recommendation of investment.
Reader agrees it will not, without prior written consent of
Intratec, represent, directly or indirectly, that its products
have been approved or endorsed by the other parties.

In no event shall Intratec, its employees, representatives,


resellers or distributors be liable to readers or any other
person or entity for any direct, indirect, special,
exemplary, punitive, or consequential damages,
including lost profits, based on breach of warranty,
contract, negligence, strict liability or otherwise, arising
from the use of this publication, whether or not they or it
had any knowledge, actual or constructive, that such
damages might be incurred.
Reader shall indemnify and hold harmless Intratec and its
resellers, representatives, distributors, and information
providers against any claim, damages, loss, liability or
expense arising out of readers use of the publication in
any way contrary to the present terms and conditions.
Intratec publications are the product of extensive work
and original research and are protected by international
copyright law.
Products supplied as printed reports or books should not
be copied but can be included in schools, universities or
corporate libraries and circulated to colleagues to the
extended permitted by copyright law.
Products supplied digitally are licensed, not sold. The
purchaser is responsible for ensuring that license terms
are adhered to at all times. PDF documents may be
supplied watermarked with the customers name, email
and/or company. Digital documents are supplied with
an enterprise license and can be shared by all employees
and on-site contractors of a single organization.
Members of the organization may make such copies as
are necessary to facilitate this distribution. An enterprise
license does not permit sharing with external
organizations.
Reader agrees that Intratec retains all rights, title and
interest, including copyright and other proprietary rights,
in this publication and all material, including but not
limited to text, images, and other multimedia data,
provided or made available as part of this publication.

Contents
About this Study .............................................................................................................................................................. 8
Object of Study.............................................................................................................................................................................................................................8
Analysis Performed ....................................................................................................................................................................................................................8
Construction Scenarios ..............................................................................................................................................................................................................8
Location Basis ...................................................................................................................................................................................................................................8

Design Conditions......................................................................................................................................................................................................................9

Study Background ........................................................................................................................................................ 10


About Polypropylene............................................................................................................................................................................................................10
Types of Polypropylene Resins ...........................................................................................................................................................................................10
Applications.................................................................................................................................................................................................................................... 11

Polypropylene Manufacturing........................................................................................................................................................................................11
Types of Process........................................................................................................................................................................................................................... 11
The Role of Catalyst in Process ...........................................................................................................................................................................................12

Licensor & Historical Aspects ...........................................................................................................................................................................................13

Technical Analysis......................................................................................................................................................... 14
Chemistry.......................................................................................................................................................................................................................................14
Raw Material ................................................................................................................................................................................................................................14
Technology Overview...........................................................................................................................................................................................................15
Detailed Process Description & Conceptual Flow Diagram.......................................................................................................................16
Area 100: Purification & Reaction.....................................................................................................................................................................................16
Area 200: Resin Degassing & Pelleting .........................................................................................................................................................................17
Area 300: Vent Recovery........................................................................................................................................................................................................ 17
Key Consumptions ..................................................................................................................................................................................................................... 18
Technical Assumptions ........................................................................................................................................................................................................... 18
Labor Requirements.................................................................................................................................................................................................................. 18

ISBL Major Equipment List.................................................................................................................................................................................................23


OSBL Major Equipment List ..............................................................................................................................................................................................26
Other Process Remarks ........................................................................................................................................................................................................27
Improvements in Fluidized-Bed Polymerization Technology ........................................................................................................................27
Propylene-Polypropylene Integration Alternatives...............................................................................................................................................28

Economic Analysis ........................................................................................................................................................ 29


2

General Assumptions............................................................................................................................................................................................................29
Project Implementation Schedule...............................................................................................................................................................................30
Capital Expenditures..............................................................................................................................................................................................................30
Fixed Investment......................................................................................................................................................................................................................... 30
Working Capital............................................................................................................................................................................................................................ 32
Other Capital Expenses ...........................................................................................................................................................................................................32
Total Capital Expenses ............................................................................................................................................................................................................. 33

Operational Expenditures ..................................................................................................................................................................................................34


Manufacturing Costs................................................................................................................................................................................................................. 34
Historical Analysis........................................................................................................................................................................................................................ 34

Economic Datasheet .............................................................................................................................................................................................................34

Regional Comparison & Economic Discussion.................................................................................................... 37


Regional Comparison............................................................................................................................................................................................................37
Capital Expenses.......................................................................................................................................................................................................................... 37
Operational Expenditures......................................................................................................................................................................................................37
Economic Datasheet................................................................................................................................................................................................................. 37

Economic Discussion ............................................................................................................................................................................................................38

References....................................................................................................................................................................... 40
Acronyms, Legends & Observations....................................................................................................................... 41
Technology Economics Methodology................................................................................................................... 42
Introduction.................................................................................................................................................................................................................................42
Workflow........................................................................................................................................................................................................................................42
Capital & Operating Cost Estimates ............................................................................................................................................................................44
ISBL Investment............................................................................................................................................................................................................................ 44
OSBL Investment ......................................................................................................................................................................................................................... 44
Working Capital............................................................................................................................................................................................................................ 45
Start-up Expenses ....................................................................................................................................................................................................................... 45
Other Capital Expenses ...........................................................................................................................................................................................................46
Manufacturing Costs................................................................................................................................................................................................................. 46

Contingencies ............................................................................................................................................................................................................................46
Accuracy of Economic Estimates..................................................................................................................................................................................47
Location Factor..........................................................................................................................................................................................................................47

Appendix A. Mass Balance & Streams Properties............................................................................................... 49


Appendix B. Utilities Consumption Breakdown ................................................................................................. 54
3

Appendix C. Process Carbon Footprint ................................................................................................................. 55


Appendix D. Equipment Detailed List & Sizing................................................................................................... 56
Appendix E. Detailed Capital Expenses................................................................................................................. 62
Direct Costs Breakdown ......................................................................................................................................................................................................62
Indirect Costs Breakdown ..................................................................................................................................................................................................63

Appendix F. Economic Assumptions...................................................................................................................... 64


Capital Expenditures..............................................................................................................................................................................................................64
Construction Location Factors ...........................................................................................................................................................................................64
Working Capital............................................................................................................................................................................................................................ 64
Other Capital Expenses ...........................................................................................................................................................................................................64

Operational Expenses ...........................................................................................................................................................................................................65


Fixed Costs ...................................................................................................................................................................................................................................... 65
Depreciation................................................................................................................................................................................................................................... 65

Appendix G. Latest & Upcoming Reports ............................................................................................................. 66


Appendix H. Technology Economics Form Submitted by Client ................................................................. 67

List of Tables
Table 1 Construction Scenarios Assumptions (Based on Degree of Integration) ......................................................................................9
Table 2 Locations & Pricing Basis ..................................................................................................................................................................................................9
Table 3 General Design Assumptions .......................................................................................................................................................................................9
Table 4 Polypropylene End-uses................................................................................................................................................................................................11
Table 5 Catalyst Advances..............................................................................................................................................................................................................12
Table 6 - Raw Materials & Utilities Consumption (per ton of product)................................................................................................................18
Table 7 Design & Simulation Assumptions.........................................................................................................................................................................18
Table 8 Labor Requirements for a Typical Plant..............................................................................................................................................................18
Table 9 Main Streams Operating Conditions and Composition..........................................................................................................................23
Table 10 Inside Battery Limits Major Equipment List...................................................................................................................................................23
Table 11 - Outside Battery Limits Major Equipment List ...............................................................................................................................................26
Table 12 Base Case General Assumptions...........................................................................................................................................................................29
Table 13 - Bare Equipment Cost per Area (USD Thousands)......................................................................................................................................30
Table 14 Total Fixed Investment Breakdown (USD Thousands) ..........................................................................................................................30
Table 15 Working Capital (USD Million) ................................................................................................................................................................................32
Table 16 Other Capital Expenses (USD Million) ...............................................................................................................................................................33
Table 17 CAPEX (USD Million)......................................................................................................................................................................................................33
Table 18 Manufacturing Fixed Cost (USD/ton) ................................................................................................................................................................34
Table 19 Manufacturing Variable Cost (USD/ton)..........................................................................................................................................................34
Table 20 OPEX (USD/ton)................................................................................................................................................................................................................34
Table 21 Technology Economics Datasheet: Polypropylene via Gas Phase Process on the US Gulf Coast.........................36
Table 22 Technology Economics Datasheet: Polypropylene via Gas Phase Process in Client-Defined Location ...........39
Table 23 Project Contingency......................................................................................................................................................................................................46
Table 24 Criteria Description.........................................................................................................................................................................................................46
Table 25 Accuracy of Economic Estimates .........................................................................................................................................................................47
Table 26 Detailed Material Balance & Stream Properties..........................................................................................................................................49
Table 27 Utilities Consumption Breakdown ......................................................................................................................................................................54
Table 28 Assumptions for CO2e Emissions Calculation.............................................................................................................................................55
Table 29 CO2e Emissions (ton/ton prod.)............................................................................................................................................................................55
Table 30 Compressors .......................................................................................................................................................................................................................56
Table 31 Heat Exchangers ..............................................................................................................................................................................................................56
Table 32 Pumps......................................................................................................................................................................................................................................57
5

Table 33 Separation Equipment.................................................................................................................................................................................................58


Table 34 Special Equipment .........................................................................................................................................................................................................58
Table 35 Utilities Supply...................................................................................................................................................................................................................58
Table 36 Reactor....................................................................................................................................................................................................................................59
Table 37 Columns.................................................................................................................................................................................................................................59
Table 38 Vessels & Tanks..................................................................................................................................................................................................................59
Table 39 Indirect Costs Breakdown for the Base Case (USD Thousands) ......................................................................................................63
Table 40 Detailed Construction Location Factor............................................................................................................................................................64
Table 41 Working Capital Assumptions (Base Case) ....................................................................................................................................................64
Table 42 Other Capital Expenses Assumptions (Base Case) ...................................................................................................................................64
Table 43 Other Fixed Cost Assumptions ..............................................................................................................................................................................65
Table 44 Depreciation Value & Assumptions ....................................................................................................................................................................65

List of Figures
Figure 1 OSBL Construction Scenarios .....................................................................................................................................................................................8
Figure 2 Polypropylene from Multiple Sources...............................................................................................................................................................13
Figure 3 Process Block Flow Diagram.....................................................................................................................................................................................15
Figure 4 Inside Battery Limits Conceptual Process Flow Diagram.....................................................................................................................19
Figure 5 Project Implementation Schedule.......................................................................................................................................................................29
Figure 6 Total Direct Cost of Different Integration Scenarios (USD Thousands) ......................................................................................31
Figure 7 Total Fixed Investment of Different Integration Scenarios (USD Thousands) .......................................................................32
Figure 8 Total Fixed Investment Validation (USD Million)........................................................................................................................................33
Figure 9 OPEX and Product Sales History (USD/ton) ...................................................................................................................................................35
Figure 10 EBITDA Margin & IP Indicators History Comparison..............................................................................................................................35
Figure 11 CAPEX per Location (USD Million).....................................................................................................................................................................37
Figure 12 Operating Costs Breakdown per Location (USD/ton) .........................................................................................................................38
Figure 14 Methodology Flowchart...........................................................................................................................................................................................43
Figure 15 Location Factor Composition...............................................................................................................................................................................47
Figure 16 ISBL Direct Costs Breakdown by Equipment Type (Base Case).....................................................................................................62
Figure 17 OSBL Direct Costs by Equipment Type (Base Case) ..............................................................................................................................62

About this Study


This study follows the same pattern as all Technology
Economics studies developed by Intratec and is based on
the same rigorous methodology and well-defined structure
(chapters, type of tables and charts, flow sheets, etc.).
This chapter summarizes the set of information that served
as input to develop the current technology evaluation. All
required data were provided through the filling of the
Technology Economics Form available at Intratecs website.

Figure 1 OSBL Construction Scenarios

Non-Integrated

Partially Integrated

Products Storage

Products Storage

ISBL Unit

ISBL Unit

Raw Materials
Storage

Raw Materials
Provider

You may check the original form in the Appendix H.


Technology Economics Form Submitted by Client.

Object of Study
This assignment assesses the economic feasibility of an
industrial unit for homopolymer polypropylene (PP)
production via gas phase process, implementing
technology similar to the Dow UNIPOL process.
The current assessment is based on economic data
gathered on Q3 2011 and a chemical plants nominal
capacity of 400 kta (thousand metric tons per year).

Source: Intratec www.intratec.us

Analysis Performed

Location Basis

Construction Scenarios

Intratec | About this Study

The economic analysis is based on the construction of a


plant partially integrated to a petrochemical complex. A
nearby unit continuously provides polymer-grade (PG)
propylene. Thus, no storage for propylene is required.
However, since there are no polypropylene consumers in
the complex, the product must be stored in warehouses
and silos. Facilities for supplying the required utilities are
also included in the analysis.

Petrochemical Complex

Since the Outside Battery Limits (OSBL) requirements


storage and utilities supply facilities significantly impact
the capital cost estimates for a new venture, they may play a
decisive role in the decision as to whether or not to invest.
Thus, in this study two distinct OSBL configurations are
compared. Those scenarios are summarized in Figure 1 and
Table 1.

The regional comparison analysis is performed for two


similar units operating on the US Gulf Coast. The main
difference between the two units is the price assumption
for PG propylene.
While the base case considers a stand-alone polypropylene
plant, obtaining PG propylene at average market prices,
available at Intratec database, the alternative scenario
defined by the client (referred as Client-Defined)
approaches a unit, which is integrated to an upstream
propylene plant, obtaining feedstock at a transfer price,
provided by the client, lower than market price.
The remaining prices are assumed to be the same. The
assumptions that distinguish the two scenarios analyzed in
this study are provided in Table 2.

Table 1 Construction Scenarios Assumptions (Based on Degree of Integration)

Storage Capacity (Area 700)


Feedstock & Chemicals

20 days of operation

Not included

End-products & By-products

20 days of operation

20 days of operation

All required

All required

Utility Facilities Included (Area 800)


Support & Auxiliary Facilities
(Area 900)

Control room, labs, gate house,


maintenance shops, warehouses, offices,
change house, cafeteria, parking lot

Control room, labs, maintenance shops,


warehouses

Source: Intratec www.intratec.us

Design Conditions
Table 2 Locations & Pricing Basis
The process analysis is based on rigorous simulation models
developed on Aspentech Aspen Plus and Hysys, which
support the design of the chemical process, equipment and
OSBL facilities.
The design assumptions employed are depicted in Table 3.

Table 3 General Design Assumptions


Cooling water temperature

24 C

Cooling water range

11 C

Steam (Low Pressure)

7 bar abs

Wet Bulb Air Temperature

25 C

Source: Intratec www.intratec.us


USD/manhour
Supervisor

USD/man-

Salaries

hour

Intratec | About this Study

Source: Intratec www.intratec.us

Study Background
About Polypropylene
Polypropylene (PP) is a thermoplastic material formed by
the reaction of polymerization of propylene, resulting in a
macromolecule that contains from 10,000 to 20,000
monomer units. As a thermoplastic, PP is capable of
melting and flowing (in a reversible physical transformation)
when subjected to increases in temperature and pressure,
assuming a specified form when those conditions cease.
Based on its exceptional mechanical and thermal
properties, it is suitable for applications in fibers, injection
molding, thermoforming, film and blow molding.
In a qualitative approach, PP is a colorless, translucent to
transparent solid with a glossy surface, with very good
resistance to chemicals (except for hydrocarbons and
chloride compounds), greater scratch resistance than other
polyolefins, good environmental stress cracking resistance,
good processability via injection molding and extrusion,
and a low moisture absorption rate.
Polypropylene annual consumption worldwide exceeds 50
million tons, with an expanding market in its core
applications as well as in inter-material substitution. The
use of polypropylene has increased at rates slightly faster
than one of its main competitor materials, polyethylene;
while linear low and high density polyethylene are growing
faster than polypropylene, low density polyethylene drags
down overall polyethylene growth.

Intratec | Study Background

The discovery of polypropylene homopolymer is generally


credited to the independent work of Karl Ziegler and Giulio
Natta, in 1954. The organometallic catalyst system used
became known as Ziegler-Natta catalysts, still one of the
most remarkable components of PP production. Natta was
able to synthesize polypropylene and, additionally,
associate the resulting polymer high melting point with the
distribution of methyl groups along the carbon chain.

10

Phillips Petroleum was developing the polypropylene


technology concurrently with Nattas work and Phillips was
awarded the composition of matter patent in the US in
1983. Polypropylene producers around the world
celebrated on March 1, 2000 the day the Phillips patent
expired.

Unlike the symmetrical ethylene molecule, for example, the


way each propylene monomer unit links to the other
generates polymers with distinct characteristics. Those
structural chains can be summarized as follow:
Atactic. The pendant methyl groups are attached in a
random manner on the polymer backbone chain. At
room temperature, atactic polypropylene is a waxy and
tacky solid.
Isotactic. All the methyl groups are on the same side
of the winding spiral chain molecule. Since it is
difficult to completely control the polymerization
reaction, isotactic polypropylene always presents
atactic content. It is important to keep such content to
a minimum, to provide a higher stiffness and a wider
spectrum of applications.
Syndiotactic. The pendant methyl groups are
attached in an alternating pattern on the polymer
backbone chain. It is soft and clear, in addition to
having a good gloss, but its production costs are high
when compared to the other existing structural chains.
Only isotactic polypropylene has the requisite properties of
a useful commodity plastic material. Compared with HDPE
or LDPE, its higher stiffness at lower density and superior
working temperature when not subjected to mechanical
stress are key factors to isotactic polypropylenes
preferential use in certain applications. However, recently,
technological improvements in the catalyst system allowed
the synthesis of crystalline syndiotactic polymer.
Commercially, this kind of polypropylene is produced with a
metallocene catalyst system. Companies involved in
syndiotactic PP production claim that it has enhanced
properties, but a more detailed evaluation is yet to be made
for a proper comparison with isotactic PP. This kind of
information will be fundamental to determining the real
competitiveness of such material, through the balance of
better properties and its higher cost. Until now, the low
molecular mass atactic PP had only a few commercial
outlets for adhesives and roofing materials.

Types of Polypropylene Resins


Polypropylene production advances in both the
manufacturing process and catalyst allowed the creation of

three major types of resins: homopolymers, random


copolymers and impact (or block) copolymers. All PP
processes are capable of producing homopolymer and
random copolymer PP, and all require one or more
additional reactors to produce impact copolymer.
Homopolymers. Produced through polymerization of
propylene in the presence of a stereospecific catalyst,
homopolymers have an isotactic index in the range of
92-99%. As stiffness and resistance to impact are
directly dependent on the equilibrium between the
atactic and isotactic fractions, they are more rigid and
have better resistance to high temperatures than
copolymers, but with inferior impact strength below
0C. Thus, this kind of polymer is indicated for high
temperature applications such as hair dryer, sterilizers,
irons, coffee makers and toasters. Woven bags, fine
denier fibers, windshield washer tanks and shrouds for
fans toasters can also use homopolymers.
Random copolymers. Random copolymers are
obtained by copolymerization of propylene with
ethylene or higher olefins (e.g. butene-1), which
represents from 1.5 to 6 wt% of the product. Those
molecules are randomly dispersed along the carbon
chain by their addition during the reaction; the
resulting product offers improved impact strength and
clarity, as well as a softer feel. Typical applications of
random copolymer are films, injection-molding and
blow-molding. Typical applications are battery cases,
blow-molded bottles, bumper filler supports, interior
trim, glove boxes, package trays and window
moldings, video cassette boxes, office furniture,
disposable containers, boxes and appliance housings.

Applications
This combination of physical, chemical, mechanical, thermal
and electrical properties explains polypropylenes
immediate industrial application and continuous growth. In
terms of current global representativeness, polypropylene is
the second largest consumed plastic material after
polyethylene (PE) and before polyvinyl chloride (PVC).
Furthermore, PP processes are able to improve polymer
properties through orientation, i.e., the previously
mentioned methyl groups distribution. This unique aspect
is only found in a limited number of the other major plastics
(e.g. PET), and contributes to expanding the range of
polypropylene applications.
Table 4 lists polypropylene end-uses, as well as respective
examples, considering all the spectrum of grades that can
be produced varying methyl groups distribution,
copolymers and additives employed.

Table 4 Polypropylene End-uses

Film and sheet

Food packaging

Injection molding

Automotive components

Fibre

Medical garment and carpets

Blow molding

Bottles

Extrusion and piping

Civil piping

Raffia

Sports fabrics and bags

Source: Intratec www.intratec.us

Polypropylene Manufacturing
Types of Process
In order to properly explain the technology involved in PP
manufacturing it is useful to define some concepts about
the forms in which propylene polymerization is conducted.
Traditionally, the following are the most representative:
Hydrocarbon Slurry or Suspension. Consists of using
a liquid inert hydrocarbon diluent in the reactor to
facilitate transfer of propylene to the catalyst, the
removal of heat from the system, the
deactivation/removal of the catalyst as well as

Intratec | Study Background

Impact copolymers. Similar to random copolymers,


impact copolymers use olefins other than propylene
for polymerization. The main difference is that
polymerization of those olefins occurs in another
reactor, forming a dispersed phase within the PP
matrix. Copolymers content in this kind of material
ranges from 5-25% and its large rubber content serves
to improve impact strength. This characteristic suits
impact copolymer for use in automotive and appliance
parts, industrial products and as compounds
blendstocks. Its used by automakers for door panels,
quarter-panel trim, lower trim, doors, seat shields,
pillars, headers, rib cartridges, head impact and air
bags.

11

dissolving the atactic polymer. The range of grades


that could be produced was very limited. (The
technology had fallen into disuse).
Bulk (or Bulk Slurry). Uses liquid propylene instead of
liquid inert hydrocarbon diluent. The polymer does
not dissolve into a diluent, but rather rides on the
liquid propylene. The formed polymer is withdrawn
and any unreacted monomer is flashed off.
Gas Phase. Uses gaseous propylene in contact with
the solid catalyst, resulting in a fluidized-bed medium.
Hybrid. Uses a slurry loop reactor followed by a gas
phase reactor, combining the bulk slurry and gas
phase processes.

The Role of Catalyst in Process


Technology for polypropylene manufacturing has kept pace
with the catalysts evolution. Traditionally, because of the
technical breakthrough that each one represented,
polypropylene catalysts are divided into generations. Table
5 depicts those advances, although this division may vary,
since the recognition of a breakthrough is, to some extent,
subjective. The plants built in the 1960s and 1970s using
hydrocarbon slurry process (based on the first generation
catalyst) were very cost-intensive because of the large
amount of equipment required for handling the solvent
related steps, the large space and complicated plot plans.

Also, labor requirements, energy inefficiency and catalyst


poor activity (1kg of polypropylene produced per gram of
catalyst) made production costs very high. In addition, PP
produced had very narrow range of applications due to its
poor properties.
Despite such high production costs, hydrocarbon slurry
process remained economically feasible in the following
years due to the advances in catalyst (second generation).
However, the introduction of the third generation enabled
the production of polypropylene via bulk slurry and via gas
phase in the late 1970`s.
Both processes presented much lower capital and
operating costs, since the steps related to hydrocarbon
solvent became unnecessary, simplifying plot plans and
significantly reducing space required. Third generation
catalyst provided yields of 12-15 kg of polypropylene per
gram of catalyst.
The fourth generation took polypropylene production to
the level of about 30kg of PP produced per gram of catalyst
employed. Such catalysts are currently the most popular in
the industry and have already achieved mileages as high as
120 kg of PP per gram of catalyst. The fifth and sixth
generations of catalysts are not still fully developed and
considerable effort is being to enable them to be fully
commercialized. Meanwhile, fourth generation catalysts are
still the most widely used in polypropylene production

Table 5 Catalyst Advances

1st (1957-1970)

3TiCl3AlCl3/AlEt2Cl

0.81.2

8891

2nd (1970-1978)

TiCl3/AlEt2Cl

35

95

3rd (1978-1980)

TiCl4/Ester/MgCl2 + AlEt3/Ester

515

98

2060

99

50120

99

59 x 103 (on Zr)

9099

59 x 103 (on Zr)

9099

TiCl4/Diester/MgCl2 + AlEt3/silane three


th

dimensional catalyst granule architecture

4 (1980) RGT
TiCl4/Diether/MgCl2 + AlEt3 three dimensional
Intratec | Study Background

catalyst granule architecture

12

Metallocenes

Zirconocene + MAO

Multicatalyst RGT (Reactor

Mixed catalysis: ZN + radical initiators, ZN +

Granule Technology)

single site (catalysts)

Source: Intratec www.intratec.us

Figure 2 Polypropylene from Multiple Sources

Propylene

Polypropylene
(PP)

Bulk Phase Processes


LyondellBasell
Spheripol
Mitsui HYPOL II
ExxonMobil PP
Process
Gas Phase Process:
Fluidized Bed Reactor
Dow Unipol
Gas Phase Process:
Stirred Bed Reactor
Lummus
Novolen
INEOS Innovene

JPP Horizone
Gas Phase Process:
Multi-zone Circulation
Reactor
LyondellBasell
Spherizone
Hybrid Process
Borealis Borstar

Source: Intratec www.intratec.us

Olefin polymerization in gas phase fluidized-bed reactors


has been recognized as being among the most economical
methods of manufacturing commodity polymers, including
polyethylene (PE), polypropylene (PP) and ethylenepropylene rubber (EPR). In the 1960s, BASF developed a gas
phase, mechanically stirred polymerization process for
making PP. In that process, the particle bed in the reactor
was either not fluidized or not fully fluidized.

In 1968, the first gas phase fluidized-bed polymerization


process, i.e., the UNIPOL Process, was commercialized by
Union Carbide to produce polyethylene. This process was
quickly licensed to other manufacturers. In the mid-1980s, it
was further extended to produce polypropylene.
The features of the fluidized-bed process, including its
simplicity and superior product quality, made it widely
accepted all over the world. As of today, the fluidized-bed
process is the dominant means of producing PE (especially
LLDPE), as is one of the two most widely used technologies
for producing PP.

Intratec | Study Background

Licensor & Historical Aspects

13

Technical Analysis
Chemistry
The main reaction that occurs in the polymerization of
propylene to polypropylene is shown in the following.

Propylene

Polypropylene

A Ziegler-Natta catalyst is utilized to achieve this. The


original catalyst for propylene polymerization was
aluminum alkyl and titanium trichloride, but much work has
been done to find better catalysts. The main objective is to
enable a controlled polymerization reaction with a narrow
molecular weight distribution of the product and enhanced
properties, as well as an increase in the catalyst productivity
(or mileage), defined as the kilograms of PP produced per
gram of catalyst.
The continuous back-mixed reactor operates at about 33
35 bara and contains a fluidized bed of granular
polypropylene with a trace of catalyst. Temperature is mild
(65 80C) and is controlled by adjusting the temperature
of the cycle gas returned to the reactor. An overall yield of
about 99+ wt% of propylene is expected.

Intratec | Technical Analysis

Raw Material

14

In terms of raw materials, polypropylene is the largest


downstream derivative made from propylene. Typically, PP
manufacturers use polymer grade (PG) propylene, with 99.5
wt% purity, as feedstock. Due to the high cost related to
transport of highly pressurized or refrigerated liquids,
propylene produced or purchased from local steam
crackers, FCC units or even on-purpose plants tends to be
most cost-effective. In some cases, propylene is refined to
achieve a purity compatible with the sensitivity of the
catalyst system and/or to avoid the accumulation of inert
substances.
The major PG propylene feed impurity is propane. Similar
to other inert components such as methane, nitrogen,
ethane and other higher alkanes, propane works as a
diluent to reduce polymerization rate, not having any other

adverse effect. Thus, the use of the propylene feed as


polymerization monomer is more impacted by the levels of
trace impurities, which affect the activity and
stereospecificity of propylene polymerization catalysts,
rather than specifically by the propane content.
The polymerization catalysts are sensitive to certain
impurities, including the oxygen, carbon monoxide, carbon
dioxide, water, and alcohols potentially present in the
various feed streams.
Based on the typical purity of raw materials available on the
US Gulf Coast, the following topics summarize the raw
materials and respective purification facilities required to
protect the catalyst against the effects of impurities.
Ethylene, Nitrogen, and Hydrogen: Filtration
Propylene: Two fixed bed dryers, one operating, one
on standby, for removal of water and other polar
impurities.
The purification steps included in the process are primarily
considered to be guard beds for spike protection. Bed life
between regenerations is relatively long (measured in
months, not days).

Technology Overview
The process is separated into three different areas:
purification & reaction; resin degassing & pelleting; and vent
recovery.
Fresh propylene and the other raw materials fed to the unit
are passed through the purification facilities, in which trace
quantities of impurities are removed. The purified raw
materials are then fed to the reaction system.
Only one reaction system, consisting of a fluidized bed
reactor, a cycle gas compressor and cooler, and product
discharge tanks, is required to produce homopolymer and
random copolymer. The raw materials and a recycle stream
from the vent recovery system are fed continuously to the
reactor. The cycle gas compressor circulates reaction gas
upward through the reactor, providing the agitation
required for fluidization, backmixing, and heat removal. No
mechanical stirrers or agitators are needed in the process
reactors. The cycle gas leaving overhead from the reactor
passes through the cooler that removes the heat of
reaction. Catalyst is continuously fed to the reactor.

Resulting granular polypropylene is removed from the


reactor by the discharge tanks and sent to a purge bin
where residual hydrocarbons are stripped with nitrogen
from the resin and are sent to the vent recovery system.
The purged resin is sent to the pelleting system.
The vent gas is processed to separate hydrocarbons and
nitrogen purge gas, which is returned to the process. The
condensed components are separated into a propylene
stream, which is returned to the reaction system, and a
propane stream.
Solid additives are metered and sent to the pelleting
system. The resin and the additives are mixed, melted and
pelleted in the pelleting system. The pellets are dried,
cooled and sent to product blending and storage.

Figure 3 Process Block Flow Diagram

Recovered Propylene

Recycled Nitrogen

PG Propylene

Area 100
Purification &
Reaction

Area 200
Resin Degassing &
Pelleting

Unreacted
Monomer

Area 300
Vent Recovery

Fresh Nitrogen

Source: Intratec www.intratec.us

Polypropylene

Intratec | Technical Analysis

Catalyst &
Chemicals

15

16

Intratec | Technical Analysis

17

Intratec | Technical Analysis

Key Consumptions

Table 6 - Raw Materials & Utilities Consumption (per ton


of product)

Table 7 Design & Simulation Assumptions

Source: Intratec www.intratec.us


Source: Intratec www.intratec.us

Labor Requirements

Table 8 Labor Requirements for a Typical Plant

Non-Integrated Plant

Partially Integrated Plant

Intratec | Technical Analysis

Source: Intratec www.intratec.us

18

Source: Intratec www.intratec.us

Intratec | Technical Analysis

Figure 4 Inside Battery Limits Conceptual Process Flow Diagram

19

Intratec | Technical Analysis

Figure 3 Inside Battery Limits Conceptual Process Flow Diagram (Cont.)

20

Source: Intratec www.intratec.us

P-303A/B

Source: Intratec www.intratec.us

Intratec | Technical Analysis

Figure 3 Inside Battery Limits Conceptual Process Flow Diagram (Cont.)

21

Intratec | Technical Analysis

Figure 3 Inside Battery Limits Conceptual Process Flow Diagram (Cont.)

22

Source: Intratec www.intratec.us

Information regarding utilities flow rates is provided in


Appendix B. Utilities Consumption Breakdown. For further
details on greenhouse gas emissions caused by this process,
see Appendix C. Process Carbon Footprint.

ISBL Major Equipment List


Table 10 shows the equipment list by area. It also presents
a brief description and the construction materials used.
Find main specifications for each piece of equipment in
Appendix D. Equipment Detailed List & Sizing.

Intratec | Technical Analysis

Table 9 presents the main streams composition and


operating conditions. For a more complete material
balance, see the Appendix A. Mass Balance & Streams
Properties.

23

24

Intratec | Technical Analysis

25

Intratec | Technical Analysis

OSBL Major Equipment List

Intratec | Technical Analysis

The OSBL is divided into three main areas: storage (Area


700), energy and water facilities (Area 800), and support &
auxiliary facilities (Area 900).

26

Table 11 shows the list of tanks located in the storage area


and the energy facilities considered in the construction of a
non-integrated unit.

27

Intratec | Technical Analysis

28

Intratec | Technical Analysis

Economic Analysis
General Assumptions
The general assumptions for the base case of this analysis
are outlined below.

Table 12 Base Case General Assumptions

In Table 12, the IC Index stands for Intratec chemical plant


Construction Index, an indicator, published monthly by
Intratec, to scale capital costs from one time period to
another.
This index reconciles prices trends of fundamental
components of a chemical plant construction such as labor,
material and energy, providing meaningful historical and
forecast data for our readers and clients.
The assumed operating hours per year indicated do not
represent any technology limitation; rather, it is an
assumption based on common industrial operating rates.
Additionally, Table 12 discloses assumptions regarding the
project complexity, technology maturity and data reliability,
which are of major importance for attributing reasonable
contingencies for the investment and for evaluating the
overall accuracy of estimates. Definitions and figures for
both contingencies and accuracy of economic estimates
can be found in this publication in the chapter Technology
Economics Methodology.

Source: Intratec www.intratec.us

Figure 5 Project Implementation Schedule

Basic Engineering
Detailed Engineering
Procurement
Construction

Start-up

Source: Intratec www.intratec.us

Intratec | Economic Analysis

Total EPC Phase

29

Project Implementation
Schedule
The main objective of knowing upfront the project
implementation schedule is to enhance the estimates for
both capital initial expenses and return on investment.
The implementation phase embraces the period from the
decision to invest to the start of commercial production.
This phase can be divided into five major stages: (1) Basic
Engineering, (2) Detailed Engineering, (3) Procurement, (4)
Construction, and (5) Plant Start-up.
The duration of each phase is detailed in Figure 5.

installation bulks). The total direct cost represents the total


bare equipment installed cost.
Table 14 shows the breakdown of the total fixed investment
(TFI) per item (direct & indirect costs and process
contingencies).
Appendix E. Detailed Capital Expenses provides a detailed
breakdown for the direct expenses, outlining the share of
each type of equipment in total.

Table 14 Total Fixed Investment Breakdown (USD


Thousands)

Capital Expenditures
Fixed Investment
Table 13 shows the bare equipment cost associated with
each area of the project.

Table 13 - Bare Equipment Cost per Area (USD


Thousands)

Intratec | Economic Analysis

Source: Intratec www.intratec.us

30

Table 14 presents the breakdown of the total fixed


investment (TFI) per item (direct & indirect costs and
process contingencies). For further information about the
components of the TFI please see the chapter Technology
Economics Methodology.
Fundamentally, the direct costs are the total direct material
and labor costs associated with the equipment (including

Source: Intratec www.intratec.us

After defining the total direct cost, the TFI is established by


adding field indirects, engineering costs, overhead, contract
fees and contingencies.

It is important to emphasize that capital expenditures for


the propylene plant are not included in the present study.
Indirect costs are defined by the American Association of
Cost Engineers (AACE) Standard Terminology as those
"costs which do not become a final part of the installation
but which are required for the orderly completion of the
installation."

For example, if there are nearby facilities consuming a units


final product or supplying a units feedstock, the need for
storage facilities significantly decreases, along with the total
fixed investment required. This is also true for support
facilities that can serve more than one plant in the same
complex, such as a parking lot, gate house, etc.
This study analyzes the total fixed investment for two
distinct scenarios regarding OSBL facilities:

The indirect project expenses are further detailed in


Appendix E. Detailed Capital Expenses.

Non Integrated Plant

Alternative OSBL Configurations

Plant Partially Integrated

The total fixed investment for the construction of a new


chemical plant is greatly impacted by how well it will be
able to take advantage of the infrastructure already installed
in that location.

The detailed definition, as well as the assumptions used for


each scenario is presented in the chapter About this
Study.
The influence of the OSBL facilities on the capital
investment is depicted in Figure 6 and in Figure 7.

Figure 6 Total Direct Cost of Different Integration Scenarios (USD Thousands)

Intratec | Economic Analysis

Source: Intratec www.intratec.us

31

Figure 7 Total Fixed Investment of Different Integration Scenarios (USD Thousands)

Source: Intratec www.intratec.us

Table 15 Working Capital (USD Million)

Source: Intratec www.intratec.us

Intratec | Economic Analysis

Other Capital Expenses

32

Start-up costs should also be considered when determining


the total capital expenses. During this period, expenses are
incurred for employee training, initial commercialization
costs, manufacturing inefficiencies and unscheduled plant
modifications (adjustment of equipment, piping,
instruments, etc.).

Figure 8 Total Fixed Investment Validation (USD Million)

Source: Intratec www.intratec.us

Initial costs are not addressed in most studies on estimating


but can become a significant expenditure. For instance, the
initial catalyst load in reactors may be a significant cost and,
in that case, should also be included in the capital
estimates.
The purchase of technology through paid-up royalties or
licenses is considered to be part of the capital investment.

Other capital expenses frequently neglected are land


acquisition and site development. Although these are small
parts of the total capital expenses, they should be included.
A summary of other capital expenses is presented in Table
16. Assumptions used to calculate them are provided in
Appendix F. Economic Assumptions.

Total Capital Expenses


Table 16 Other Capital Expenses (USD Million)

Table 17 presents a summary of the total Capital


Expenditures (CAPEX) detailed in previous sections.

Source: Intratec www.intratec.us


Source: Intratec www.intratec.us

Intratec | Economic Analysis

Table 17 CAPEX (USD Million)

33

Operational Expenditures
Table 18 Manufacturing Fixed Cost (USD/ton)

Manufacturing Costs
The manufacturing costs, also called Operational
Expenditures (OPEX), are composed of two elements: a fixed
cost and a variable cost. All figures regarding operational
costs are presented in USD per ton of product.
Table 18 shows the manufacturing fixed cost, while Table 19
details the manufacturing variable cost breakdown.

Source: Intratec www.intratec.us

To learn more about the assumptions for manufacturing


fixed costs, see the Appendix F. Economic Assumptions.
Table 20 shows the OPEX of the presented technology.

Table 19 Manufacturing Variable Cost (USD/ton)


Table 20 OPEX (USD/ton)

Source: Intratec www.intratec.us

Historical Analysis

Source: Intratec www.intratec.us

Figure 9 depicts Sales and OPEX historic data. Figure 10


compares the project EBITDA trends with Intratec
Profitability Indicators (IP Indicators). The Basic Chemicals IP
Indicator represents basic chemicals sector profitability,
based on the weighted average EBITDA margins of major
global basic chemicals producers. Alternately, the Chemical
Sector IP Indicator reveals the overall chemical sector
profitability, through a weighted average of the IP Indicators
calculated for three major chemical industry niches: basic,
specialties and diversified chemicals.

Intratec | Economic Analysis

Economic Datasheet

34

The Technology Economic Datasheet, presented in Table


21, is an overall evaluation of the technology's production
costs in a US Gulf Coast based plant.
The expected revenues in products sales and initial
economic indicators are presented for a short-term
assessment of its economic competitiveness.

Figure 9 OPEX and Product Sales History (USD/ton)

Source: Intratec www.intratec.us

Source: Intratec www.intratec.us

Intratec | Economic Analysis

Figure 10 EBITDA Margin & IP Indicators History Comparison

35

36

Intratec | Economic Analysis

Regional Comparison & Economic Discussion


Regional Comparison
Capital Expenses
Variations in productivity, labor costs, local steel prices,
equipment imports needs, freight, taxes and duties on
imports, regional business environments and local
availability of sparing equipment were considered when
comparing capital expenses for the different regions under
consideration in this report.
Capital costs are adjusted from the base case (a plant
constructed on the US Gulf Coast) to locations of interest by
using location factors calculated according to the items
aforementioned. For further information about location
factor calculation, please examine the chapter Technology
Economics Methodology. In addition, the location factors
for the regions analyzed are further detailed in Appendix F.
Economic Assumptions.

Figure 11 summarizes the total Capital Expenditures


(CAPEX) for the locations under analysis.

Operational Expenditures
Specific regional conditions influence prices for raw
materials, utilities and products. Such differences are thus
reflected in the operating costs. An OPEX breakdown
structure for the different locations approached in this study
is presented in Figure 12.

Economic Datasheet
The Technology Economic Datasheet, presented in Table
22, is an overall evaluation of the technology's capital
investment and production costs in the alternative location
analyzed in this study.

Source: Intratec www.intratec.us

Intratec | Regional Comparison & Economic Discussion

Figure 11 CAPEX per Location (USD Million)

37

Figure 12 Operating Costs Breakdown per Location (USD/ton)

Intratec | Regional Comparison & Economic Discussion

Source: Intratec www.intratec.us

38

39

Intratec | Regional Comparison & Economic Discussion

Intratec | References

References

40

Acronyms, Legends & Observations


AACE: American Association of Cost Engineers

LLDPE: Linear Low Density Polyethylene

C: Distillation, stripper, scrubber columns (e.g., C-101 would


denote a column tag)

OPEX: Operational Expenditures


OSBL: Outside battery limits

C2, C3, ... Cn: Hydrocarbons with "n" number of carbon


atoms

P: Pumps (e.g., P-101 would denote a pump tag)

CAPEX: Capital expenditures

PDH: Propane dehydrogenation

CC: Distillation column condenser

PE: Polyethylene

CP: Distillation column reflux pump

PG: Polymer grade

CR: Distillation column reboiler

PP: Polypropylene

CT: Cooling tower

PSA: Pressure swing adsorption

CV: Distillation column accumulator drum

PVC: Polyvinyl chloride

E: Heat exchangers, heaters, coolers, condensers, reboilers


(e.g., E-101 would denote a heat exchanger tag)

R: Reactors, treaters (e.g., R-101 would denote a reactor tag)


ROCE: Return on the capital employed

EBIT: Earnings before Interest and Taxes


SB: Steam boiler
EBITDA: Earnings before Interests, Taxes, Depreciation and
Amortization

T: Tanks (e.g., T-101 would denote a tank tag)

EPR: Ethylene-propylene rubber

TFI: Total Fixed Investment

F: Filter(e.g., F-101 would denote a filter tag)

TPC: Total process capital

FCC: Fluid catalytic cracking

V: Horizontal or vertical drums, vessels (e.g., V-101 would


denote a vessel tag)

HDPE: High Density Polyethylene


IC Index: Intratec Chemical Plant Construction Index
WD: Demineralized water
IP Indicator: Intratec Chemical Sector Profitability Indicator
ISBL: Inside battery limits

X: Special equipment (e.g., X-101 would denote a special


equipment tag)

K: Compressors, blowers, fans (e.g., K-101 would denote a


compressor tag)
Obs.: 1 ton = 1 metric ton = 1,000 kg
kta: thousands metric tons per year
LDPE: Low Density Polyethylene

Intratec | Acronyms, Legends & Observations

VOC: Volatile organic compounds

41

Technology Economics Methodology


Intratec Technology Economics methodology
ensures a holistic, coherent and consistent
techno-economic evaluation, ensuring a clear
understanding of a specific mature chemical
process technology.

Introduction
The same general approach is used in the development of
all Technology Economics assignments. To know more
about Intratecs methodology, see Figure 14.
While based on the same methodology, all Technology
Economics studies present uniform analyses with identical
structures, containing the same chapters and similar tables
and charts. This provides confidence to everyone interested
in Intratecs services since they will know upfront what they
will get.

Workflow
Once the scope of the study is fully defined and
understood, Intratec conducts a comprehensive
bibliographical research in order to understand technical
aspects involved with the process analyzed.

Intratec | Technology Economics Methodology

Subsequently, the Intratec team simultaneously develops


the process description and the conceptual process flow
diagram based on:

42

a.

Patent and technical literature research

b.

Non-confidential information provided by technology


licensors

c.

Intratec's in-house database

d.

Process design skills

Next, all the data collected are used to build a rigorous


steady state process simulation model in Aspen Hysys
and/or Aspen Plus, leading commercial process
flowsheeting software tools.

From this simulation, material balance calculations are


performed around the process, key process indicators are
identified and main equipment listed.
Equipment sizing specifications are defined based on
Intratec's equipment design capabilities and an extensive
use of AspenONE Engineering Software Suite that enables
the integration between the process simulation developed
and equipment design tools. Both equipment sizing and
process design are prepared in conformance with generally
accepted engineering standards.
Then, a cost analysis is performed targeting ISBL & OSBL
fixed capital costs, manufacturing costs, and overall working
capital associated with the examined process technology.
Equipment costs are primarily estimated using Aspen
Process Economic Analyzer (formerly Aspen Icarus)
customized models and Intratec's in-house database.
Cost correlations and, occasionally, vendor quotes of unique
and specialized equipment may also be employed. One of
the overall objectives is to establish Class 3 cost estimates 1
with a minimum design engineering effort.
Next, capital and operating costs are assembled in Microsoft
Excel spreadsheets, and an economic analysis of such
technology is performed.
Finally, two analyses are completed, examining:
a.

The total fixed investment in different construction


scenarios, based on the level of integration of the plant
with nearby facilities

b.

The capital and operating costs for a second different


plant location

These are estimates that form the basis for budget authorization,
appropriation, and/or funding. Accuracy ranges for this class of
estimates are + 10% to + 30% on the high side, and - 10 % to - 20 %
on the low side.

Figure 13 Methodology Flowchart

Study Understanding Validation of Project Inputs


Patent and Technical
Literature Databases

Non-Confidential
Information from
Technology Licensors or
Suppliers

Bibliographical Research

Technical Validation
Process Description &
Flow Diagram

Vendor Quotes

Material & Energy Balances, Key


Process Indicators, List of
Equipment & Equipment Sizing

Pricing Data Gathering: Raw


Materials, Chemicals,
Utilities and Products

Capital Cost (CAPEX)


& Operational Cost (OPEX)
Estimation

Construction Location
Factor
(http://base.intratec.us)

Economic Analysis

Analyses of
Different Construction
Scenarios and Plant Location

Project Development Phases


Information Gathering / Tools

Source: Intratec www.intratec.us

Final Review &


Adjustments

Aspen Plus, Aspen Hysys


Aspen Exchanger Design &
Rating, KG Tower, Sulcol
and Aspen Energy Analyzer

Aspen Process Economic


Analyzer, Aspen Capital
Cost Estimator, Aspen InPlant Cost Estimator &
Intratec In-House Database

Intratec | Technology Economics Methodology

Intratec Internal Database

43

Capital & Operating Cost


Estimates

Process equipment (e.g., reactors and vessels, heat


exchangers, pumps, compressors, etc.)
Process equipment spares

The cost estimate presented in the current study considers


a process technology based on a standardized design
practice, typical of a major chemical company. The specific
design standards employed can have a significant impact
on capital costs.
The basis for the capital cost estimate is that the plant is
considered to be built in a clear field with a typical large
single-line capacity. In comparing the cost estimate hereby
presented with an actual project cost or contractor's
estimate, the following must be considered:
Minor differences or details (many times, unnoticed)
between similar processes can affect cost noticeably.
The omission of process areas in the design considered
may invalidate comparisons with the estimated cost
presented.
Industrial plants may be overdesigned for particular
objectives and situations.
Rapid fluctuation of equipment or construction costs
may invalidate cost estimate.
Equipment vendors or engineering companies may
provide goods or services below profit margins during
economic downturns.
Specific locations may impose higher taxes and fees,
which can impact costs considerably.

Housing for process units


Pipes and supports within the main process units
Instruments, control systems, electrical wires and other
hardware
Foundations, structures and platforms
Insulation, paint and corrosion protection
In addition to the direct material and labor costs, the ISBL
addresses indirect costs, such as construction overheads,
including: payroll burdens, field supervision, equipment
rentals, tools, field office expenses, temporary facilities, etc.

OSBL Investment
The OSBL investment accounts for auxiliary items necessary
to the functioning of the production unit (ISBL), but which
perform a supporting and non-plant-specific role. OSBL
items considered may vary from process to process. The
OSBL investment could include the installed cost of the
following items:
Storage and packaging (storage, bagging and a
warehouse) for products, feedstocks and by-products
Steam units, cooling water and refrigeration systems

Intratec | Technology Economics Methodology

Process water treating systems and supply pumps

44

In addition, no matter how much time and effort are


devoted to accurately estimating costs, errors may occur
due to the aforementioned factors, as well as cost and labor
changes, construction problems, weather-related issues,
strikes, or other unforeseen situations. This is partially
considered in the project contingency. Finally, it must
always be remembered that an estimated project cost is not
an exact number, but rather is a projection of the probable
cost.

ISBL Investment
The ISBL investment includes the fixed capital cost of the
main processing units of the plant necessary to the
manufacturing of products. The ISBL investment includes
the installed cost of the following items:

Boiler feed water and supply pumps


Electrical supply, transformers, and switchgear
Auxiliary buildings, including all services and
equipment of: maintenance, stores warehouse,
laboratory, garages, fire station, change house,
cafeteria, medical/safety, administration, etc.
General utilities including plant air, instrument air, inert
gas, stand-by electrical generator, fire water pumps,
etc.
Pollution control, organic waste disposal, aqueous
waste treating, incinerator and flare systems

For the purposes of this study, 2 working capital is defined as


the funds, in addition to the fixed investment, that a
company must contribute to a project. Those funds must
be adequate to get the plant in operation and to meet
subsequent obligations.
The initial amount of working capital is regarded as an
investment item. This study uses the following
items/assumptions for working capital estimation:
Accounts receivable. Products and by-products
shipped but not paid by the customer; it represents
the extended credit given to customers (estimated as a
certain period in days of manufacturing expenses
plus depreciation).
Accounts payable. A credit for accounts payable such
as feedstock, catalysts, chemicals, and packaging
materials received but not paid to suppliers (estimated
as a certain period in days of manufacturing
expenses).
Product inventory. Products and by-products (if
applicable) in storage tanks. The total amount depends
on sales flow for each plant, which is directly related to
plant conditions of integration to the manufacturing of
products derivatives (estimated as a certain period in
days of manufacturing expenses plus depreciation,
defined by plant integration circumstances).

Cash on hand. An adequate amount of cash on hand


to give plant management the necessary flexibility to
cover unexpected expenses (estimated as a certain
period in days of manufacturing expenses).

Start-up Expenses
When a process is brought on stream, there are certain onetime expenses related to this activity. From a time
standpoint, a variable undefined period exists between the
nominal end of construction and the production of quality
product in the quantity required. This period is commonly
referred to as start-up.
During the start-up period expenses are incurred for
operator and maintenance employee training, temporary
construction, auxiliary services, testing and adjustment of
equipment, piping, and instruments, etc. Our method of
estimating start-up expenses consists of four components:
Labor component. Represents costs of plant crew
training for plant start-up, estimated as a certain
number of days of total plant labor costs (operators,
supervisors, maintenance personnel and laboratory
labor).
Commercialization cost. Depends on raw materials
and products negotiation, on how integrated the plant
is with feedstock suppliers and consumer facilities, and
on the maturity of the technology. It ranges from 0.5%
to 5% of annual manufacturing expenses.

Raw material inventory. Raw materials in storage


tanks. The total amount depends on raw material
availability, which is directly related to plant conditions
of integration to raw material manufacturing
(estimated as a certain period in days of raw
material delivered costs, defined by plant integration
circumstances).

Start-up inefficiency. Takes into account those


operating runs when production cannot be
maintained or there are false starts. The start-up
inefficiency varies according to the process maturity:
5% for new and unproven processes, 2% for new and
proven processes, and 1% for existing licensed
processes, based on annual manufacturing expenses.

In-process inventory. Material contained in pipelines


and vessels, except for the material inside the storage
tanks (assumed to be 1 day of manufacturing
expenses).

Unscheduled plant modifications. A key fault that


can happen during the start-up of the plant is the risk
that the product(s) may not meet specifications
required by the market. As a result, equipment
modifications or additions may be required.

Supplies and stores. Parts inventory and minor spare


equipment (estimated as a percentage of total
maintenance materials costs for both ISBL and OSBL).

2
The accounting definition of working capital (total current assets
minus total current liabilities) is applied when considering the
entire company.

Intratec | Technology Economics Methodology

Working Capital

45

Other Capital Expenses


Prepaid Royalties. Royalty charges on portions of the
plant are usually levied for proprietary processes. A
value ranging from 0.5 to 1% of the total fixed
investment (TFI) is generally used.
Site Development. Land acquisition and site
preparation, including roads and walkways, parking,
railroad sidings, lighting, fencing, sanitary and storm
sewers, and communications.

Manufacturing Costs
Manufacturing costs do not include post-plant costs, which
are very company specific. These consist of sales, general
and administrative expenses, packaging, research and
development costs, and shipping, etc.
Operating labor and maintenance requirements have been
estimated subjectively on the basis of the number of major
equipment items and similar processes, as noted in the
literature.
Plant overhead includes all other non-maintenance (labor
and materials) and non-operating site labor costs for
services associated with the manufacture of the product.
Such overheads do not include costs to develop or market
the product.
G & A expenses represent general and administrative costs
incurred during production such as: administrative
salaries/expenses, research & development, product
distribution and sales costs.

Intratec | Technology Economics Methodology

Contingencies

46

Contingency constitutes an addition to capital cost


estimations, implemented based on previously available
data or experience to encompass uncertainties that may
incur, to some degree, cost increases. According to
recommended practice, two kinds of contingencies are
assumed and applied to TPC: process contingency and
project contingency.
Process contingency is utilized in an effort to lessen the
impact of absent technical information or the uncertainty of
that which is obtained. In that manner, the reliability of the
information gathered, its amount and the inherent
complexity of the process are decisive for its evaluation.
Errors that occur may be related to:

Uncertainty in process parameters, such as severity of


operating conditions and quantity of recycles
Addition and integration of new process steps
Estimation of costs through scaling factors
Off-the-shelf equipment
Hence, process contingency is also a function of the
maturity of the technology, and is usually a value between
5% and 25% of the direct costs.
The project contingency is largely dependent on the plant
complexity and reflects how far the conducted estimation is
from the definitive project, which includes, from the
engineering point of view, site data, drawings and sketches,
suppliers quotations and other specifications. In addition,
during construction some constraints are verified, such as:
Project errors or incomplete specifications
Strike, labor costs changes and problems caused by
weather

Table 23 Project Contingency


Plant Complexity

Complex

Typical

Simple

Project Contingency

25%

20%

15%

Source: Intratec www.intratec.us

Intratecs definitions in relation to complexity and maturity


are the following:

Table 24 Criteria Description

Simple

Complexity

Typical

Somewhat simple, widely known


processes
Regular process
Several unit operations, extreme

Complex

temperature or pressure, more


instrumentation

New &
Maturity

Proven
Licensed

From 1 to 2 commercial plants


3 or more commercial plants

Source: Intratec www.intratec.us

Accuracy of Economic Estimates


The accuracy of estimates gives the realized range of plant
cost. The reliability of the technical information available is
of major importance.

Table 25 Accuracy of Economic Estimates

Reliability

Accuracy

Very

Low

Moderate

High

+ 30%

+ 22%

+ 18%

+ 10%

- 20%

- 18%

- 14%

- 10%

High

Source: Intratec www.intratec.us

The non-uniform spread of accuracy ranges (+30 to 20 %,


rather than 25%, e.g.) is justified by the fact that the
unavailability of complete technical information usually
results in under estimating rather than over estimating
project costs.

Location Factor

A properly estimated location factor is a powerful tool, both


for comparing available investment data and evaluating
which region may provide greater economic attractiveness
for a new industrial venture. Considering this, Intratec has
developed a well-structured methodology for calculating
Location Factors, and the results are presented for specific
regions capital costs comparison.
Intratecs Location Factor takes into consideration the
differences in productivity, labor costs, local steel prices,
equipment imports needs, freight, taxes and duties on
imported and domestic materials, regional business
environments and local availability of sparing equipment.
For such analyses, all data were taken from international
statistical organizations and from Intratecs database.
Calculations are performed in a comparative manner, taking
a US Gulf Coast-based plant as the reference location. The
final Location Factor is determined by four major indexes:
Business Environment, Infrastructure, Labor, and Material.
The Business Environment Factor and the Infrastructure
Factor measure the ease of new plant installation in
different countries, taking into consideration the readiness
of bureaucratic procedures and the availability and quality
of ports or roads.

A location factor is an instantaneous, total cost factor used


for converting a base project cost from one geographic
location to another.

Relative Steel Prices


Labor Index
Taxes and Freight
Rates
Spares
Taxes and Freight
Rates
Spares

Source: Intratec www.intratec.us

Relative Salary
Productivity

Ports, Roads, Airports


and Rails (Availability
and Quality)
Communication
Technologies
Warehouse
Infrastructure
Border Clearance
Local Incentives

Readiness of
Bureaucratic
Procedures
Legal Protection of
Investors
Taxes

Intratec | Technology Economics Methodology

Figure 14 Location Factor Composition

47

Labor and material, in turn, are the fundamental


components for the construction of a plant and, for this
reason, are intrinsically related to the plant costs. This
concept is the basis for the methodology, which aims to
represent the local discrepancies in labor and material.
Productivity of workers and their hourly compensation are
important for the project but, also, the qualification of
workers is significant to estimating the need for foreign
labor.
On the other hand, local steel prices are similarly important,
since they are largely representative of the costs of
structures, piping, equipment, etc. Considering the
contribution of labor in these components, workers
qualifications are also indicative of the amount that needs
to be imported. For both domestic and imported materials,
a Spare Factor is considered, aiming to represent the need
for spare rotors, seals and parts of rotating equipment.
The sum of the corrected TFI distribution reflects the relative
cost of the plant, this sum is multiplied by the Infrastructure
and the Business Environment Factors, yielding the Location
Factor.

Intratec | Technology Economics Methodology

For the purpose of illustrating the conducted methodology,


a block flow diagram is presented in Figure 15 in which the
four major indexes are presented, along with some of their
components.

48

(kJ/kg K)
Liquid Thermal
Conductivity (W/m K)
Liquid Heat Capacity
(kJ/kg K)

Intratec | Appendix A. Mass Balance & Streams Properties

Gas Heat Capacity

49

50

Intratec | Appendix A. Mass Balance & Streams Properties

51

Intratec | Appendix A. Mass Balance & Streams Properties

52

Intratec | Appendix A. Mass Balance & Streams Properties

53

Intratec | Appendix A. Mass Balance & Streams Properties

54

Intratec | Appendix B. Utilities Consumption Breakdown

Appendix C. Process Carbon Footprint


The process carbon footprint can be defined as the total
amount of greenhouse gas (GHG) emissions caused by the
process operation.
Although it is difficult to precisely account for the total
emissions generated by a process, it is possible to estimate
the major emissions, which can be divided into:

The assumptions for the process carbon footprint


calculation are presented in Table 28 and the results are
provided in Table 29.

Table 29 CO2e Emissions (ton/ton prod.)

Direct emissions. Emissions caused by process waste


streams combusted in flares.
Indirect emissions. The ones caused by utilities
generation or consumption, such as the emissions due
to using fuel in furnaces for heating process streams.
Fuel used in steam boilers, electricity generation, and
any other emissions in activities to support process
operation are also considered indirect emissions.
In order to estimate the direct emissions, it is necessary to
know the composition of the streams, as well as the
oxidation factor.
Estimation of indirect emissions requires specific data,
which depends on the plant location, such as the local
electric power generation profile, and on the plant
resources, such as the type of fuel used.

Source: Intratec www.intratec.us

Equivalent carbon dioxide (CO2e) is a measure that


describes the amount of CO2 that would have the same
global warming potential of a given greenhouse gas, when
measured over a specified timescale.
All values and assumptions used in calculations are based
on data provided by the Environment Protection Agency
(EPA) Climate Leaders Program.

Source: Intratec www.intratec.us

Intratec | Appendix C. Process Carbon Footprint

Table 28 Assumptions for CO2e Emissions Calculation

55

56

Intratec | Appendix D. Equipment Detailed List & Sizing

57

Intratec | Appendix D. Equipment Detailed List & Sizing

58

Intratec | Appendix D. Equipment Detailed List & Sizing

59

Intratec | Appendix D. Equipment Detailed List & Sizing

Intratec | Appendix D. Equipment Detailed List & Sizing

Table 39 Vessels & Tanks (Cont.)

60

61

Intratec | Appendix D. Equipment Detailed List & Sizing

Appendix E. Detailed Capital Expenses


Direct Costs Breakdown
Figure 15 ISBL Direct Costs Breakdown by Equipment Type (Base Case)

Source: Intratec www.intratec.us

Intratec | Appendix E. Detailed Capital Expenses

Figure 16 OSBL Direct Costs by Equipment Type (Base Case)

62

Source: Intratec www.intratec.us

63

Intratec | Appendix E. Detailed Capital Expenses

Appendix F. Economic Assumptions


Capital Expenditures

Working Capital

For a better description of working capital and other capital


expenses components, as well as the location factors
methodology, see the chapter Technology Economics
Methodology.

Table 41 Working Capital Assumptions (Base Case)

Construction Location Factors

Table 40 Detailed Construction Location Factor

Source: Intratec www.intratec.us

Table 42 Other Capital Expenses Assumptions (Base


Case)
days of all labor

Intratec | Appendix F. Economic Assumptions

costs

64

Source: Intratec www.intratec.us


Source: Intratec www.intratec.us

Operational Expenses
Fixed Costs
Fixed costs are estimated based on the specific
characteristics of the process. The fixed costs, like operating
charges and plant overhead, are typically calculated as a
percentage of the industrial labor costs, and G & A expenses
are added as a percentage of the operating costs.

Table 43 Other Fixed Cost Assumptions

Source: Intratec www.intratec.us

Source: Intratec www.intratec.us

Intratec | Appendix F. Economic Assumptions

Table 44 Depreciation Value & Assumptions

65

Appendix G. Latest & Upcoming Reports


The list below is intended to be an easy and quick way to
identify Intratec reports of interest. For a more complete
and up-to-date list, please visit the Publications section on
our website, www.intratec.us.
TECHNOLOGY ECONOMICS
Propylene Production via Metathesis: Propylene
production via metathesis from ethylene and butenes,
in a process similar to Lummus OCT.
Propylene Production via Propane
Dehydrogenation: Propane dehydrogenation (PDH)
process conducted in moving bed reactors, in a
process similar to UOP OLEFLEX.
Propylene Production from Methanol: Propylene
production from methanol, in a process is similar to
Lurgi MTP.
Polypropylene Production via Gas Phase Process: A
gas phase type process similar to the Dow UNIPOL PP
process to produce both polypropylene homopolymer
and random copolymer.
Polypropylene Production via Gas Phase Process,
Part 2: A gas phase type process similar to Lummus
NOVOLEN for production of both homopolymer and
random copolymer.

Intratec | Appendix G. Latest & Upcoming Reports

Propylene Production via Propane


Dehydrogenation, Part II: Propane dehydrogenation
(PDH) in fixed bed reactors, in a process is similar to
Lummus CATOFIN.

66

Sodium Hypochlorite Chemical Production: Sodium


hypochlorite (bleach) production, in a widely used
industrial process, similar to that employed by Solvay
Chemicals, for example.
Propylene Production via Propane
Dehydrogenation, Part III: Propane dehydrogenation
(PDH) by applying oxydehydrogenation, in a process
similar to the STAR PROCESS licensed by Uhde.

CONCEPTUAL DESIGN
Membranes on Polyolefins Plants Vent Recovery:
The Report evaluates membrane units for the
separation of monomers and nitrogen in PP plants,
similar to the VaporSep system commercialized by
MTR.
Use of Propylene Splitter to Improve Polypropylene
Business: The report assesses the opportunity of
purchasing the less valued RG propylene to produce
the PG propylene raw material used in a PP plant.

Appendix H.
Technology Economics Form
Submitted by Client

Chemical Produced by the Technology to be Studied


Define the main chemical product of your interest. Possible choices are presented below.
Choose a Chemical

Acetic Acid

Acetone

Acrylic Acid

Acrylonitrile

Adipic Acid

Aniline

Benzene

Butadiene

n-Butanol

Isobutylene

Caprolactam

Chlorine

Cumene

Dimethyl Ether (DME)

Ethanol

Ethylene

Bio-Ethylene

Ethylene Glycol

Ethylene Oxide

Formaldehyde

HDPE

Isoprene

LDPE

LLDPE

MDI

Methanol

Methyl Methacrylate

Phenol

Polypropylene (PP)

Polybutylene Terephthalate

Polystyrene (PS)

Polyurethanes (PU)

Polyvinyl Chloride (PVC)

Propylene

Propylene Glycol

Propylene Oxide (PO)

Terephthalic Acid

Vinyl Chloride (VCM)

If the main chemical product of your target technology is not found above, please check the "Technology Economic Form - Specialties".

Chemical Process Technology to be Studied


Identify the mature chemical process technology you would like us to assess. Intratec considers mature technologies the ones already used on
a commercial scale plant.
Technology Description

Gas phase technology - similar to Dow UNIPOL


E. g. technology for propylene production from methanol - similar to Lurgi MTP

Commercial Scale Unit. Inform the exact location of one commercial scale plant under operation.
Plant Location:

I don't know
I know the location of a commercial plant:

New Jersey, USA

If there is no commercial scale plant based on the technology of your interest, you are referred to Intratec's Research Potential advisory service
at www.intratec.us/advisory/research-potential/overview

Industrial Unit Description


Plant Nominal Capacity

Operating Hours

Inform the plant capacity to be considered in the study. Provide


the main product capacity in kta (thousands of metric tons per
year of main chemical product).
Plant Capacity

150 kta

Operating Hours

300 kta
Other (kta)

Inform the assumption for the number of hours the plant


operates in a year.

8,000 h/year
Other (h/year)

400

Analysis Date
Define the date (quarter and year) that will be considered in the analysis. Our databases can provide consolidated values from the year 2000
up to the last closed quarter, quarter-to-date values are estimated.
Quarter

Year

Q3

2011

Storage Facilities
Define the assumptions employed for the storage facilities design.
Products

20 days

By-Products

20 days

Other

Other

Raw Materials

20 days
Other

Utilities Supply Facilities


The construction of supply facilities for the utilities required (e.g. cooling tower, boiler unit, refrigeration unit) impacts the capital investment
for the construction of the unit.
Consider construction of supply facilities ?

Yes

No

General Design Conditions


General utilities and environmental conditions that may be relevant to the process simulation are presented below. Provide other assumptions if
you deem necessary.
Specification

Unit

Default Value

User-specified value

Cooling water temperature

24

DSPEC1

Cooling water range

11

DSPEC2

Steam (Low Pressure)

bar abs

DSPEC3

Steam (Medium Pressure)

bar abs

11

DSPEC4

Steam (High Pressure)

bar abs

28

DSPEC5

Refrigerant (Ethylene)

-100

DSPEC6

Refrigerant (Propane)

-40

DSPEC7

Refrigerant (Propylene)

-45

DSPEC8

Dry Bulb Air Temperature

38

DSPEC9

Wet Bulb Air Temperature

25

DS10

Industrial Unit Location


The location of an industrial unit influences in prices for both construction and operation of the unit. In this study, the economic
performances of TWO similar units erected in different locations are compared.
The first plant is located in the United States (US Gulf Coast) and the second location is defined by YOU.
Plant Location

I would like to keep the plant location confidential.


Country (or region) to be considered.

United States

E.g. Louisiana (USA), China or Saudi Arabia. Please define only one location.
Plant Location Data
Provider

I will use Intratec's Internal Database containing standard chemical prices and location factors
(only for Germany, Japan, China or Brazil).
I will provide location specific data. Please fill the Custom Location topic below.

Custom Location Description. Describe both capital investment and prices at your custom location.
A) Capital Investment. Provide the relative capital cost at your custom location in comparison to the United States (U.S. Gulf Coast)
Custom Location Relative Cost (%)

130% means that the capital costs in the custom location are 30% higher than the costs in the United States.
B) Raw Materials Prices. Describe the raw material prices to be considered in the custom location.
Item Description
Raw1

Polymer grade Propylene

Price Unit
RU1

USD/metric ton

Price
RP1

Raw2

RU2

RP2

Raw3

RU3

RP3

E.g.

Propane

USD/metric ton

420

C) Product Prices. Describe the products prices to be considered in the custom location.
Item Description

Price Unit

Price

Prod1

PU1

PP1

Prod2

PU2

PP2

Prod3

PU3

PP3

E.g.

Polypropylene

USD/metric ton

1700

D) Utilities Prices. Describe the utilities prices to be considered in the custom location.
Item Description

Price Unit

Price

Electricity

UP1

Steam (Low Pressure)

UP2

Steam (High Pressure)

UP3

Fuel

UP4

Clarified Water

UP5

Util6

UU6

YP6

Util7

UU7

UP7

Util8

UU8

UP8

E) Labor Prices. Describe the labor prices to be considered in the custom location.
Item Description

Price Unit

Price

Operating Labor

USD/operator/hour

LP1

Supervision Labor

USD/supervisor/hour

LP1

F) Others. Describe any other price you deem necessary to be considered in the custom location.
Item Description

Price Unit

Price

Other1

OU1

OP1

Other2

OU2

OP2

Other3

OU3

OP3

E.g.

Catalyst

USD/metric ton

5000

Other Remarks
If you have any other comments, feel free to write them below:
Co
m
m
en
ts:

I have filled just the propylene price field, because a propylene source already exists and may provide propylene at prices below
market average. Regarding the reamining prices, please use the same of your internal database for the US Gulf.

Complementary Files
Along with this form, you may also upload any other chemical document deemed relevant for the description of the project, such as
articles, brochures, book sections, patents, etc. Multiple files may be uploaded.
If you are filling this form offline please upload this form and any complementary files at www.intratec.us/advisory/technology-economics/
order-commodities

Non-Disclosure Period & Pricing


You can keep your study confidential or get discounts, by allowing Intratec to disclose it to the market as a publication, after an
agreed non-disclosure period, starting at the date you place your order.
Choose an Option

6 months

24 months

36 months

Never Disclosed

Non-Disclosure Period

Price

6 months

$8,000 (9 x $899)

Save 84%

24 months

$28,000 (9 x $3,111)

Save 44%

automatically, in equal and pre-defined installments

36 months

$40,000 (11 x $3,636)

Save 20%

- Every 15 days, an installment will be charged to your

Never Disclosed

$50,000 (13 x $3,846)

- Payment of our advisory service is conducted

credit card or PayPal account.

Pay Less! Benefit From a 5% Discount


Inform us the email address of the Intratec Agent that introduced you to our advisory services you will benefit from a 5% discount on the total
price of your service. To know more about Intratec New Business Development Agents, please visit www.intratec.us/be-our-agent.
Intratec Agent Email

Evaluate our Intratec Agent. Your opinion will be kept confidential.


Unsatisfied
Knowledge about Intratec
offerings and presentation skills
Kindness and Helpfulness

DOWNLOAD EXAMPLES OF FILLED FORMS HERE.


DOWNLOAD A PDF VERSION OF THIS FORM HERE.
NEED ASSISTANCE ? SEND AN EMAIL TO sales@intratec.us.

v.1-mar-13

Neutral

Satisfied

Technology Economics
Standardized advisory services developed
under Intratecs Consulting as
Publications pioneer approach.
Technology Economics studies answer
main questions surrounding process
technologies:
- How is the technology? What are the
main pieces of equipment required?
- What are the raw materials and utilities
consumption rates?
- What are the capital and operating
expenses breakdown?
- What are the economic
indicators?
- In which regions is this
technology more
profitable?

Das könnte Ihnen auch gefallen