TY - GEN
T1 - Economic potential of the manufacture of acrolein and propylene glycol from glycerol
AU - Supramono, Dijan
AU - Ashshiddiq, Ja'Far Abuabdillah
N1 - Publisher Copyright:
© 2021 Author(s).
PY - 2021/9/23
Y1 - 2021/9/23
N2 - Indonesia is one of the largest palm oil producers in the world. Acrolein and propylene glycol can be produced from glycerol as a byproduct of palm oil-based biodiesel whereas they are still imported by Indonesia. The purpose of this study is to determine the economic potential of combined acrolein and propylene glycol production from crude glycerol with production capacities of 11,094 tons/year and 70,001 tons/year, respectively. The production gives a Net Present Value of USD 376,600,000, Internal Rate of Return of 149.94%, Payback Period of 1.26 years, Profitability Index of 8.22. The cessation of acrolein and propylene glycol imports can Indonesia's foreign exchange nearly USD 207,427,000/year where the domestic demand can be fulfilled by the plant of combined products proposed in the present work.
AB - Indonesia is one of the largest palm oil producers in the world. Acrolein and propylene glycol can be produced from glycerol as a byproduct of palm oil-based biodiesel whereas they are still imported by Indonesia. The purpose of this study is to determine the economic potential of combined acrolein and propylene glycol production from crude glycerol with production capacities of 11,094 tons/year and 70,001 tons/year, respectively. The production gives a Net Present Value of USD 376,600,000, Internal Rate of Return of 149.94%, Payback Period of 1.26 years, Profitability Index of 8.22. The cessation of acrolein and propylene glycol imports can Indonesia's foreign exchange nearly USD 207,427,000/year where the domestic demand can be fulfilled by the plant of combined products proposed in the present work.
UR - http://www.scopus.com/inward/record.url?scp=85116422223&partnerID=8YFLogxK
U2 - 10.1063/5.0064725
DO - 10.1063/5.0064725
M3 - Conference contribution
AN - SCOPUS:85116422223
T3 - AIP Conference Proceedings
BT - 5th International Tropical Renewable Energy Conference, i-TREC 2020
A2 - Irwansyah, Ridho
A2 - Budiyanto, Muhammad Arif
PB - American Institute of Physics Inc.
T2 - 5th International Tropical Renewable Energy Conference, i-TREC 2020
Y2 - 29 October 2020 through 30 October 2020
ER -