Techno-economic assessment and carbon pricing analysis for economic feasibility of epoxidized sucrose soyate: A biobased thermoset resin

Abstract

The substantial environmental issues associated with plastic production have prompted researchers to accelerate the development of environmentally friendly biobased alternatives to reduce reliance on petroleum-based resources and mitigate emissions. Epoxidized Sucrose Soyate (ESS), a high-performance biobased epoxy resin obtained from soybean oil and sucrose, has shown promising potential in polymers and coatings applications. The success of ESS performance necessitates further investigations into its industrial-scale production and viability as an environmentally sustainable alternative to conventional petroleum-based resins. This study consists of a comprehensive techno-economic analysis (TEA) and cradle-to-gate life cycle assessment (LCA) to evaluate the technical, economic, and environmental feasibility of industrial-scale ESS production. The minimum selling price (MSP) of ESS at various production scales was estimated which offers insights into cost optimization. The MSP for 0.1, 1.0, and 10 ton/h processing capacity of sucrose soyate was calculated to be $9.57, $6.74, and $6.62 per kg of ESS, respectively. Relative to a comparable petroleum-based epoxy resin with similar functionality, such as bisphenol A diglycidyl ether (with a price range of $1.8 to $5.2 per kg), larger scales of ESS production have the potential to compete economically. The LCA results demonstrated the superior environmental performance of ESS, especially in the global warming potential category, indicating its potential as a compelling sustainable choice for replacing petroleum-based resins. This combined TEA and LCA study demonstrated the economic viability and environmental benefits of ESS, highlighting its promise as a sustainable alternative for industrial applications.