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Profit Maximization of a Crude Distillation Unit

Ali, Syed and Yusoff, Nooryusmiza and ganguly, saibal (2013) Profit Maximization of a Crude Distillation Unit. In: International Conference on Process Systems Engineering (PSE) Asia, 25 - 27 June 2013, Kuala Lumpur.

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Official URL: http://www.cheme.utm.my/pseasia2013/

Abstract

At the scheduling layer, a weekly decision is made to be sent to the optimization layer. Short-term scheduling decisions are implemented on a crude distillation unit to process three blends over a three week period. Operational optimization is carried out to maximize the net profit within the acceptable limits of ASTM D86 temperatures, as the product property, for all products other than the residue. A nonlinear steady state model is used to simulate a crude distillation unit later optimized using sequential quadratic programming (SQP) algorithm. Substantial increase in the profit margin throughout the implementation period was observed.

Item Type:Conference or Workshop Item (Paper)
Subjects:T Technology > T Technology (General)
Academic Subject One:crude distillation unit
Academic Subject Two:profit maximization
Academic Subject Three:petroleum engineering
Departments / MOR / COE:Departments > Chemical Engineering
Mission Oriented Research > Energy
ID Code:10681
Deposited By: Dr. Nooryusmiza Yusoff
Deposited On:16 Dec 2013 23:48
Last Modified:20 Mar 2017 01:59

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