The development trend of Fischer–Tropsch (F–T) technology is to develop high value-added products. The separation of linear α-olefins with low cost is an effective method. Nevertheless, the lack of thermodynamic data and the huge energy consumption are the two main problems restricting the development of the separation process. The thermodynamic data of the key components (1-dodecene and n-dodecane) in the F–T product were measured. The Wilson binary interaction parameters of the key components were obtained. Next, one traditional distillation column sequence and two dividing wall column (DWC) sequences were designed to separate the F–T heavy oil to obtain narrow fractions with different carbon numbers. Then, the obtained fractions of C10 and C12 were simulated to obtain 1-decene and 1-dodecene, respectively. There was a traditional distillation and a differential pressure thermal coupling distillation process. When separating 95.0% purity 1-decene and 1-octene, the direct DWC process and differential pressure thermal coupled distillation are an excellent combination, which can reduce the energy by 33.1% (i.e., 11,286 kW) and total annual cost by 15.9% (i.e., 3.96 × 106 $) compared with traditional distillation.
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