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Optimization And Analysis Of A Styrene Production Process, Alexis Kimpel
Optimization And Analysis Of A Styrene Production Process, Alexis Kimpel
Honors Theses
The production of styrene from ethylbenzene in Unit 500 is designed to start up in 2024 and operate for 12 years after startup. The engineering team was tasked with designing the process, creating an economic model, and optimizing the net present value (NPV). The process was simulated in AVEVA PRO/II Simulation for the design process and to estimate the size of equipment. Parametric and topological optimization was performed subsequently on the unit operations in the process. The NPV was improved by $423M from a base case of -$919M to an optimized case of -$496M. The project is recommended to continue …