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The Shortest Route to Fiber Quality, Paper360 May/June 2019
The Shortest Route to Fiber Quality, Paper360 May/June 2019
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Paper Chemistry: What’s New, What’s Next, Paper360º March/
Paper Chemistry: What’s New, What’s Next, Paper360º March/April 2017
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Solenis Expands Its Service Capabilities, Paper360º March/A
Solenis Expands Its Service Capabilities, Paper360º March/April 2017
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Sustainability is Central for Sofidel, Paper360º March/Apri
Sustainability is Central for Sofidel, Paper360º March/April 2017
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An Ode to Small, Paper360º May/June 2017
An Ode to Small, Paper360º May/June 2017
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Suppliers Reach Out to Mill Leaders, Paper360º May/June 2017
Suppliers Reach Out to Mill Leaders, Paper360º May/June 2017
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Blower Technology Proves Its Worth, Paper360º May/June 2017
Blower Technology Proves Its Worth, Paper360º May/June 2017
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Conversions: Tsunami or Trickle?, Paper360º November/Decembe
Conversions: Tsunami or Trickle?, Paper360º November/December 2017
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Papermaking Best Practices With Vacuum-Dewatering Systems: P
Papermaking Best Practices With Vacuum-Dewatering Systems: Part 2, Paper360º November/December 2017
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Economic and competitive potential of lignin-based thermoplastics using a multicriteria decision-making method, TAPPI Journal September 2022
ABSTRACT: As a result of new lignin extraction plants hatching and increasing volumes of technical lignin becoming available, a variety of lignin derivatives, including phenolic resins and polyurethane (PU) foams, are reaching the marketplace or being used as intermediate products in many industrial applications. In the spectrum of possible lignin derivatives, thermoplastics appear particularly attractive due to a symbiosis of market, policy, and technology drivers. To assess the preferredness for lignin-based thermoplastics, this paper adapted a risk-oriented methodology formerly applied to assess lignin usage in various applications (phenol-formaldehyde [PF] resins, PU foams, and carbon fiber applications) to the case of lignin-based thermoplastics using hydroxypropylated lignin (HPL) and miscible blends of lignin and polyethylene oxide (PEO). The HPL is considered for garbage bags and agricultural films applications, while lignin-PEO blends are used as replacement for acrylonitrile butadiene styrene (ABS) in applications such as automotive parts. In the methodology, two phased-implementation strategies were defined for each thermoplastic derivative, considering perspectives for profit maximization (90 metric tons/day integrated units) and revenue growth (350 metric tons/day overall capacity), which were considered for implementation within a softwood kraft pulping mill. A set of six criteria representative of the main economic and market competitiveness issues were employed, and their respective importance weights were obtained in a multicriteria decision-making (MCDM) panel.Early-stage techno-economic estimates were done as a basis for the calculation of decision criteria. Compared to product derivatives previously assessed, capital investment for thermoplastic strategies appeared marginally higher due to the required lignin modification steps (on average 30% higher at similar capacity, and 6% for higher-scale revenue diversification strategies). Higher operating costs were also observed due to increased chemical expenses for all thermoplastic strategies, which are ultimately balanced by revenues associated with targeted thermoplastic products, leading to greater annual margins and cash flow generation over the project lifetime for thermoplastic strategies compared to other product applications (58% to 66% higher on average, at similar scale). Benefits of improved economics were reflected in economic criteria, internal rate of return (IRR), and cash flow on capital employed (CFCE), as well as in the price competitiveness criterion, CPC. Overall, the combination of relatively high lignin content in the plastic formulation and the less costly modification method contributed to lignin-PEO strategies, gaining the top two rankings. Based on their overall scores, both strategies defined for HPL would also integrate the group of “preferred” strategies, but are outranked by strategies that consider lignin positioning on PU foam applications.