Techno-Economic Modeling of Soybean Oil Extraction with Hexane from 1980 to 2014

dc.contributor.author Cheng, Ming-Hsun
dc.contributor.author Rosentrater, Kurt
dc.contributor.author Rosentrater, Kurt
dc.contributor.department Agricultural and Biosystems Engineering
dc.date 2018-02-16T21:04:06.000
dc.date.accessioned 2020-06-29T22:34:27Z
dc.date.available 2020-06-29T22:34:27Z
dc.date.copyright Thu Jan 01 00:00:00 UTC 2015
dc.date.embargo 2015-08-06
dc.date.issued 2015-07-01
dc.description.abstract <p>Soybean is one of the main oil crop resources in the United States. It can be used as edible oil or biodiesel production. Additionally, the co-products (soybean meal, soybean hulls and gums) are able to be utilized in animal feeds and food additives. Hexane extraction is the most common approach in oil industry and has higher efficiency, above 90%, more than conventional mechanical expelling process. The advantages of hexane extraction are to increase the yield of oil products and short processing time. However, chemicals remaining, recycling and disposal are still a main concern in the industry. In this work, techno-economic analysis (TEA) was applied to evaluate the cost and profits of soybean oil extraction with hexane every 10 years from 1980 to 2014. For increasing the profits of this process, the analysis considered main product, soybean oil, and all co-products as well. The analysis based on soybean oil production of 40 million kg per year. The total profit is highly dependent on the material cost, which has the majority about 60%. Hence, with the increase in prices of materials, the revenues of the hexane process has also been increased. That leads to earning profits from the process.</p>
dc.description.comments <p>This proceeding is from 2015 ASABE Annual International Meeting, Paper No. 152188594, pages 1-16 (doi: <a href="http://dx.doi.org/10.13031/aim.20152188594" target="_blank">10.13031/aim.20152188594</a>). St. Joseph, Mich.: ASABE. Posted with permission.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/abe_eng_conf/447/
dc.identifier.articleid 1445
dc.identifier.contextkey 7424306
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath abe_eng_conf/447
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/479
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/abe_eng_conf/447/2015_Cheng_TechnoEconomicModeling.pdf|||Sat Jan 15 00:19:06 UTC 2022
dc.source.uri 10.13031/aim.20152188594
dc.subject.disciplines Agriculture
dc.subject.disciplines Bioresource and Agricultural Engineering
dc.subject.keywords soybean oil
dc.subject.keywords economic analysis
dc.subject.keywords extraction
dc.subject.keywords oilseeds
dc.subject.keywords production
dc.title Techno-Economic Modeling of Soybean Oil Extraction with Hexane from 1980 to 2014
dc.type article
dc.type.genre conference
dspace.entity.type Publication
relation.isAuthorOfPublication ae6468d9-2286-48ad-9293-5cfa893ea5f3
relation.isOrgUnitOfPublication 8eb24241-0d92-4baf-ae75-08f716d30801
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