Comparison of light olefins production routes in China: Combining techno-economics and security analysis

Abstract

Light olefins including ethylene and propylene are important chemical materials, and a diversity of production technologies have been applied in industrial processes. An index called Olefins Production Security Index (OPSI) is proposed for quantifying the performance of techno-economics and security for different olefins production routes. The results show that Coal via Methanol to Olefins (CMTO) and Coal via Methanol to Propylene (CMTP) routes have the higher security rank in terms of raw materials supply and reasonably good economic performance compared with the Nature Gas via Fischer–Tropsch Synthesis to Olefins (NFTO) and Deep Catalytic Cracking (DCC) routes. Carbon Dioxide via Methanol to Olefins (CDMTO) and Carbon Dioxide via Methanol to Propylene (CDMTP) routes have lower carbon dioxide emissions but higher direct production costs. Basically, CMTO, CMTP, and Nature Gas via Methanol to Olefins (NMTO) routes have the top OPSI grades, which means they are more competitive than other routes in terms of security. We also identify the shortcomings of each olefins production route with regard to the security through sensitivity analysis. It is expected the proposed framework plays a role in searching the most suitable production route for light olefins from the viewpoint of security.