Ethylene to Linear Alpha Olefins

Enclosed in this report is the completed design and economic analysis of our proposed chemical plant. This plant is designed to produce one hundred million pounds per year of combined 1-hexene and 1-octene product. U.S. patent US 8,076,523 B2 provided the developed catalyst technology and necessary data needed for the scale-up of laboratory experiments to the desired production specifications. The plant was designed and simulated using ASPEN PLUS®. Once the simulation was finalized, its economic analysis was performed using information from ASPEN PLUS ® and costing correlations from the textbook, Seider et al., Product and Process Design Principles: Synthesis, Analysis, and Evaluation, Third Ed., Wiley, 2009. The plant design estimated an IRR of 19 % based on a $43,000,000 initial capital investment with a net present value of $7,800,000. The group recommends the implementation of the plant based on its estimated profitability and recommendations specified in the report. Sincerely