Chemical Process

Economics Program
Chemical Process Evaluation
Process Economics Program (PEP)
The Process Economics Program (PEP) provides in-depth,
independent technical and economic evaluation of both
commercial and emerging technologies for the chemical,
biochemical, and refining industries. PEP analyzes the
impact of changes in processes, feedstocks, energy prices,
and government regulations on chemical and fuel production
economics for our clients. And with the celebration of the
50th anniversary of PEP, we enter a new era, offering new
functionality and key report contents through interactive
Excel data files that allow our clients to generate process
economics tailored to their specific project needs.
Benefits
New technologies can either offer an opportunity or pose a
threat. Prompt and thorough analyses of new developments
are crucial to making the proper decision—whether you are
exploiting a proprietary technology or responding rapidly to a
competitor’s move. PEP reduces the time and costs associated
with collecting and interpreting the voluminous information
needed to assess new technologies.
Clients make use of PEP’s independent analyses—which
draw on our experts’ industry experience in process design,
cost estimation, and R&D planning—to make informed
decisions. Complementing that expertise are the program’s
extensive databases ongoing contacts with chemical
companies worldwide.
PEP is a partnership
PEP is designed to be a problem-solving partnership,
combining independent analysis with client needs. PEP
experts stay up-to-date on issues affecting clients through
on-going contacts with industry representatives, conference
participation, and site visits. The insights gained from these
activities are reflected each year in the topics suggested for
research. Clients then vote on PEP’s suggestions to ensure the
selected topics reflect their areas of interest.
Inquiry Privileges
All PEP customers receive access to the experts to discuss
information in the studies.
PEP Reports and Reviews
Our on-going subscription-based service delivers PEP Reports
and PEP Reviews to our clients each year. Each Report covers
three or more processes, while each Review covers one process
or a specific topic. PEP subscriptions continue to be the only
source for new process analysis. Available in print and online,
PEP Reports and PEP Reviews are universally acknowledged
as the industry standard for techno-economic evaluations of
chemical process technologies.
PEP Reports emphasize commercially significant products
and processes for which technology is rapidly changing. PEP
experts develop and evaluate process designs using patent
literature and licenser information, and they estimate capital
and operating costs of world-scale production plants.
PEP Reviews provide timely analysis of “hot issues”
affecting the industry—from process technology to
industry restructuring.
Included with the 2014 Reports and Reviews is an iPEP
Navigator Excel-based interactive data module, which allows
a user to quickly select a process and a region, and convert
process economics between English and metric units. The iPEP
Navigator interactive module also enables our customers to
tailor the process economics to their specific project needs.
iPEP Navigator, select Process, Region, English or Metric
PEP Consolidated Reports
PEP Consolidated Reports provide a single and comprehensive
report on a specific chemical that includes all competing
processes, with the same detailed process design and
economics as PEP Reports. Consolidated Reports also contain
an iPEP Navigator module that allows a user to quickly select a
process and a region, and convert process economics between
English and metric units. To ensure the information in the
Consolidated Reports remains relevant, we will update the
process economics and industry review section of each report
once a year. PEP Consolidated Reports are meant to serve
technical managers and process engineers who are interested
in understanding all competing processes in detail
and keeping track of market conditions and production
economics annually.
iPEP Spectra, compare margins to cost over time iPEP Spectra, compare cash costs

PEP Process Summaries PEP Yearbook

PEP Process Summaries offer a concise comparison of The PEP Yearbook is the world’s largest online process
competing processes by capturing key differences in design economics database. Updated quarterly starting in 2014, it
features and process parameters. Process Summaries include provides current production economic data for more than 1,400
an iPEP Spectra interactive data module prepared in an processes used to manufacture over 600 chemical, polymer,
Excel pivot table where quarterly production economics of refining, and biotech products. The database estimates raw
competing processes are easily compared over a period of 10 material and utility requirements and demonstrates capital and
or more years. The iPEP Spectra data module will enable our production costs for three plant capacity levels, while an online
customers to compare production economics of competing application tool enables users to customize plant capacity for
processes in various plant locations using a wide selection quick scaling analysis. Yearbook subscriptions provide cost
of economics metrics. Clients can also use the iPEP Spectra information for the US Gulf Coast, Germany, Japan, and China,
data module to tailor process economics to their specific with limited process coverage for Canada and Saudi Arabia. All
project needs in the matter of minutes, saving days or weeks data are available in either English or metric units.
of work. The process summaries are meant to serve business
and project managers who are interested in understanding
competing processes’ key differences at a high level but still
need to closely track profitability.

SECTION 100: REACTION SECTION 200: GAS RECOVERY

CO2
21 20 18
Ethylene Recycle Purge
176°F
2 105°F
90°F 19 E-206A,B
21 4 6
150 psia E-101
1 Ethylene K-102 T-201A,B
FIXED BED REACTOR 106°F 106°F
297°F V-201
30 PSIG 134 PSIA 130 PSIA

329°F LP STEAM K-101

115 PSIA C-201
C-103 C-202
C-203A,B C-204A,B
R-101A,B V-101
40°F
7
E-202 8
E-101 E-102
Acetic
HAcAcid

E-203 E-202 E-203 212°F

T-101A,B V-102
200°F 101°F
3 E-205A,B
34 11
5 10
9
High Boilers 21 E-104 HAc/VAM Liquid
30 E-204A,B
124°F C-201 VAM ABSORBER C-202 WATER SCRUBBER C-203A,B CARBONATE SCRUBBER C-204A,B CO2 STRIPPER
23

E-314
106°F Inhibitor Vent
27
22 12 E-302
E-304
Recovered E-301A,B
Acetic Acid 177°F
7 26 19 psia
32
Organic Phase V-302 E-313
Reflux Aqueous
V-301 Phase
C-302 To Section 100
C-301A,B 28 23
From Absorber
11 106°F T-301A,B
13
212°F C-303 VAM Product
C-306 15
Waste
244°F Treatment 150°F
E-307
9 24 14 29
E-308
E-310 E-305A,B
215°F
E-305A,B 33
212°F
164°F
Waste Water 17 16
Crude VAM
25 31
C-301A,B AZEOTROPE COLUMN C-305 STRIPPING COLUMN C-302 CRUDE VAM COLUMN C-303 ACETALDEHYDE COLUMN C-304 VAM COLUMN

SECTION 300: PRODUCT RECOVERY

Typical Vapor Phase Process sections

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