What Makes a High-Performing Plant in Solomon's Olefins Studies?

Fuels and Petrochemicals Division
AIChE Spring Meeting and Global Congress on Process Safety
April 30, 2013 - 9:50am-10:10am
Abstract: What Makes a High-Performing Plant in Solomon’s Olefin Studies?

Solomon Associates has conducted studies of the olefins manufacturing industry for nearly 25 years.  As part of those studies, Solomon identifies a group of the best-performing plants for every study in each of three feedstock categories—ethane, LPG, and liquid.  Solomon calls these plants High-Performing-Plants (HPPs), and they are selected because of high ranking in all major categories of plant performance.  Each participating plant’s performance is compared to the HPPs in the Olefin Study Gap Analysis, which identifies, quantifies, and prioritizes the amount of net cash margin gap in 26 categories of operating performance.

This paper will show the actual average performance level of the HPPs from the most recent Olefin Study conducted for operating year 2011.  It will also discuss the criteria that go into the selection of HPPs, including how the study data are used to rate these criteria.  The analysis will show some common characteristics of HPPs from the most recent Olefin Studies including plant age, size, level of integration, and level of advanced process control.  HPP performance in several operating areas such as energy, yields, utilization, reliability, and personnel will be compared to the study averages.  The paper will conclude with other observations about the HPPs and their performance over time.

Professional Development Hours
0.5 PDHs
You will be able to download and print a certificate for these PDH credits once the content has been viewed. If you have already viewed this content, please click here to login.
Presenter(s): 

Would you like to access this content?

No problem. You just have to complete the following steps.

You have completed 0 of 2 steps.

  1. Log in

    You must be logged in to view this content. Log in now.

  2. Purchase Technical Presentation

    You must purchase this technical presentation using one of the options below.
    If you already purchased this content recently, please click here to refresh the system's record of ownerships.

Pricing

Credits 0.5 Use credits
List Price $25.00 Buy now
AIChE Members $15.00 Buy now
AIChE Fuels and Petrochemicals Division Members Free Free access
AIChE Undergraduate Student Members Free Free access
AIChE Graduate Student Members Free Free access
Related Topics: