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Economic Analysis of Isoprene Production from Good Year Scientific Process

Received: 28 March 2020    Accepted: 15 April 2020    Published: 13 July 2020
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Abstract

The isoprene rubber is very much like natural rubber but made artificially or synthetically. Essentially similar to natural rubber in properties, this rubber may be somewhat weaker because it is not 100% the cis-isomer. This rubber is used in the same type of products as natural rubber. About 95% of isoprene production is used to produce cis-1,4-polyisoprene, a synthetic version of natural rubber. The growing demand for fuel efficiency and eco-friendly tires is driving the tire industry and in turn the demand for polyisoprene in the tire industry. The Isoprene Market was valued at USD 1.93 billion in 2015 and is projected to reach USD 2.96 billion by 2021. The isoprene demand in Pakistan will increase up to 24.8% from 2018 to 2025 reportedly. The isoprene market is increasing due to its increasing applications in tires, conveyor belts, hoses, molded rubber, and also in medical equipment such as gloves and balloons. Isoprene can manufacture from four different processes at commercial scale, but Isoprene from formaldehyde is the prevailing process in the industries. This process has disadvantage of low yield and by-products. So this process is further modified to improve the yield and the operating conditions. But still by-products are the main problems which decreases the selectivity and yield. To overcome these issues, manufacturing of Isoprene from propylene is studied in plant design project. It is found that this process has 65% yield and have selectivity of 95%. A cost Analysis was made after the design of different plant equipment, and it is found that a plant of 12000 tons per year has payback period of approximately 4 years.

Published in American Journal of Chemical Engineering (Volume 8, Issue 3)
DOI 10.11648/j.ajche.20200803.12
Page(s) 63-69
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Isoprene, Capital Cost, Depreciation, Rate of Return, Pay Back Period

References
[1] Sharkey, Thomas D. (1996). "Isoprene synthesis by plants and animals". Endeavour. 20 (2): 74–78. doi: 10.1016/0160-9327 (96)10014-4.
[2] Williams, C. Grenville (1860). "On isoprene and caoutchine". Proceedings of the Royal Society of London. 10: 516–519. doi: 10.1098/rspl.1859.0101.
[3] M. J. Loadman (2012-12-06). Analysis of Rubber and Rubber-like Polymers. Springer. p. 10. ISBN 9789401144353.
[4] Guenther, A.; Karl, T.; Harley, P.; Wiedinmyer, C.; Palmer, P. I.; Geron, C. (2006). "Estimates of global terrestrial isoprene emissions using MEGAN (Model of Emissions of Gases and Aerosols from Nature)". Atmospheric Chemistry and Physics. 6 (11): 3181–3210. doi: 10.5194/acp-6-3181-2006.
[5] A source of haze, ScienceNews, August 6th, 2009.
[6] The Goodyear Tire and Rubber Company. Industrial hygiene data. August 2000.
[7] Gelmont, David; Stein, Robert A.; Mead, James F. (1981). "Isoprene — the main hydrocarbon in human breath". Biochemical and Biophysical Research Communications. 99 (4): 1456–1460. doi: 10.1016/0006-291X(81)90782-8.
[8] H. M. Lybarger, Kirk-Othmer Encyclopedia of Chemical Technology, Isoprene, vol. 14, Fourth ed., Wiley, New York, NY, 1995, pp. 934–952.
[9] Organic Carbon Compounds Emitted By Trees Affect Air Quality, ScienceDaily, Aug. 7, 2009.
[10] King, Julian; Koc, Helin; Unterkofler, Karl; Mochalski, Paweł; Kupferthaler, Alexander; Teschl, Gerald; Teschl, Susanne; Hinterhuber, Hartmann; Amann, Anton (2010). "Physiological modeling of isoprene dynamics in exhaled breath". Journal of Theoretical Biology. 267 (4): 626–637. arXiv: 1010.2145. doi: 10.1016/j.jtbi.2010.09.028. PMID 20869370.
[11] Vickers, Claudia E.; Possell, Malcolm; Cojocariu, Cristian I.; Velikova, Violeta B.; Laothawornkitkul, Jullada; Ryan, Annette; Mullineaux, Philip M.; Nicholas Hewitt, C. (2009). "Isoprene synthesis protects transgenic tobacco plants from oxidative stress". Plant, Cell & Environment. 32 (5): 520–531. doi: 10.1111/j.1365-3040.2009.01946.x. PMID 19183288.
[12] The Chemical Engineering Magazine.
[13] Benjamin, Michael T.; Sudol, Mark; Bloch, Laura; Winer, Arthur M. (1996). "Low-emitting urban forests: A taxonomic methodology for assigning isoprene and monoterpene emission rates". Atmospheric Environment. 30 (9): 1437–1452. doi: 10.1016/1352-2310(95)00439-4.
[14] J. L. McGraw, Letter to the US National Toxicology Program. Information on the scope of human exposures to workers in the monomer/polymer industry in the US. June 24, 1998.
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  • APA Style

    Usman Asghar, Ayesha Masoom, Adan Javed, Ayesha Abbas. (2020). Economic Analysis of Isoprene Production from Good Year Scientific Process. American Journal of Chemical Engineering, 8(3), 63-69. https://doi.org/10.11648/j.ajche.20200803.12

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    ACS Style

    Usman Asghar; Ayesha Masoom; Adan Javed; Ayesha Abbas. Economic Analysis of Isoprene Production from Good Year Scientific Process. Am. J. Chem. Eng. 2020, 8(3), 63-69. doi: 10.11648/j.ajche.20200803.12

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    AMA Style

    Usman Asghar, Ayesha Masoom, Adan Javed, Ayesha Abbas. Economic Analysis of Isoprene Production from Good Year Scientific Process. Am J Chem Eng. 2020;8(3):63-69. doi: 10.11648/j.ajche.20200803.12

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  • @article{10.11648/j.ajche.20200803.12,
      author = {Usman Asghar and Ayesha Masoom and Adan Javed and Ayesha Abbas},
      title = {Economic Analysis of Isoprene Production from Good Year Scientific Process},
      journal = {American Journal of Chemical Engineering},
      volume = {8},
      number = {3},
      pages = {63-69},
      doi = {10.11648/j.ajche.20200803.12},
      url = {https://doi.org/10.11648/j.ajche.20200803.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ajche.20200803.12},
      abstract = {The isoprene rubber is very much like natural rubber but made artificially or synthetically. Essentially similar to natural rubber in properties, this rubber may be somewhat weaker because it is not 100% the cis-isomer. This rubber is used in the same type of products as natural rubber. About 95% of isoprene production is used to produce cis-1,4-polyisoprene, a synthetic version of natural rubber. The growing demand for fuel efficiency and eco-friendly tires is driving the tire industry and in turn the demand for polyisoprene in the tire industry. The Isoprene Market was valued at USD 1.93 billion in 2015 and is projected to reach USD 2.96 billion by 2021. The isoprene demand in Pakistan will increase up to 24.8% from 2018 to 2025 reportedly. The isoprene market is increasing due to its increasing applications in tires, conveyor belts, hoses, molded rubber, and also in medical equipment such as gloves and balloons. Isoprene can manufacture from four different processes at commercial scale, but Isoprene from formaldehyde is the prevailing process in the industries. This process has disadvantage of low yield and by-products. So this process is further modified to improve the yield and the operating conditions. But still by-products are the main problems which decreases the selectivity and yield. To overcome these issues, manufacturing of Isoprene from propylene is studied in plant design project. It is found that this process has 65% yield and have selectivity of 95%. A cost Analysis was made after the design of different plant equipment, and it is found that a plant of 12000 tons per year has payback period of approximately 4 years.},
     year = {2020}
    }
    

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    AU  - Usman Asghar
    AU  - Ayesha Masoom
    AU  - Adan Javed
    AU  - Ayesha Abbas
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    DO  - 10.11648/j.ajche.20200803.12
    T2  - American Journal of Chemical Engineering
    JF  - American Journal of Chemical Engineering
    JO  - American Journal of Chemical Engineering
    SP  - 63
    EP  - 69
    PB  - Science Publishing Group
    SN  - 2330-8613
    UR  - https://doi.org/10.11648/j.ajche.20200803.12
    AB  - The isoprene rubber is very much like natural rubber but made artificially or synthetically. Essentially similar to natural rubber in properties, this rubber may be somewhat weaker because it is not 100% the cis-isomer. This rubber is used in the same type of products as natural rubber. About 95% of isoprene production is used to produce cis-1,4-polyisoprene, a synthetic version of natural rubber. The growing demand for fuel efficiency and eco-friendly tires is driving the tire industry and in turn the demand for polyisoprene in the tire industry. The Isoprene Market was valued at USD 1.93 billion in 2015 and is projected to reach USD 2.96 billion by 2021. The isoprene demand in Pakistan will increase up to 24.8% from 2018 to 2025 reportedly. The isoprene market is increasing due to its increasing applications in tires, conveyor belts, hoses, molded rubber, and also in medical equipment such as gloves and balloons. Isoprene can manufacture from four different processes at commercial scale, but Isoprene from formaldehyde is the prevailing process in the industries. This process has disadvantage of low yield and by-products. So this process is further modified to improve the yield and the operating conditions. But still by-products are the main problems which decreases the selectivity and yield. To overcome these issues, manufacturing of Isoprene from propylene is studied in plant design project. It is found that this process has 65% yield and have selectivity of 95%. A cost Analysis was made after the design of different plant equipment, and it is found that a plant of 12000 tons per year has payback period of approximately 4 years.
    VL  - 8
    IS  - 3
    ER  - 

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Author Information
  • Department of Chemical Engineering, Wah Engineering College, Wah Cantt., Pakistan

  • Department of Chemical Engineering, Wah Engineering College, Wah Cantt., Pakistan

  • Department of Chemical Engineering, Wah Engineering College, Wah Cantt., Pakistan

  • Department of Chemical Engineering, Wah Engineering College, Wah Cantt., Pakistan

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