The author describes the basic methodologies for computer aided design and offers a description of the basic steps of process simulation in Aspen Plus and Aspen Hysys. Sensitivity analysis conducted showed that renewable diesel production cost is most sensitive to rubber seed oil price and hydrogen gas price, reflecting on the relative importance of feedstock prices in the overall profitability profile.Ĭatalytic decarboxylation Minimum fuel selling price Profitability profile Renewable diesel Rubber seed oil Techno-economic.Ĭopyright © 2017 Elsevier Ltd. and practical resource, the text uses both Aspen Plus and Aspen Hysys simulation software.
#ASPEN HYSYS SOFTWARE PRICE SOFTWARE#
Estimator software (ACCE) are usually also available in the latest aspenONE V9.1. The 2016 Price Basis Revise and brand-new versions in Aspen Funds Cost. The most recent aspenONE Executive innovations include the new Aspen Coil. With the forecasted renewable diesel retail price of 3.64 RM per kg, the pioneering renewable diesel project investment offers an assuring return of investment of 12.1% and net return as high as 1.35 million RM. Production and Offer Chain Edition 9.1 software program. In this study, renewable diesel processing facility is modelled to be capable of processing 65,000 L of inedible oil per day and producing a total of 20 million litre of renewable diesel product per annual with assumed annual operational days of 347. The profitability profile and minimum fuels selling price of this synthetic fuels production using rubber seed oil as biomass feedstock are assessed under a set of assumptions for what can be plausibly be achieved in 10-years framework. A comprehensive techno-economic assessment is developed using Aspen HYSYS V8.0 software for process modelling and economic cost estimates. This work describes the economic feasibility of hydroprocessed diesel fuel production via catalytic decarboxylation of rubber seed oil in Malaysia.