Techno-Economic Analysis of Soybean Oil Expelling Process from 198-2014

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 2018-02-16T21:03:59.000
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>Oil extraction is the first step for further oil application even in biodiesel production. Expelling is the most common physic process in industry, which reduces the usage of chemicals that might cause the negative impact on environment even on final products. Soybean oil is the most common materials in oil industry not only for food application but in biodiesel industry. Other co-products including soybean meal and soybean hulls can be used as animal feeds. Techno-economic analysis (TEA) is used to assess the total investment and the profits of soybean oil expelling process with SuperPro Designer based on 30 million kg annual production for every 10 years from 1980 to 2014. With the fluctuation of economic, the total capital investment has been increased from 20,066,000$ to 43,347,000$ from 1980 to 2014. However, the material cost has the major effect of 63% in the final profits. The revenues from soybean oil, soybean meal and soybean hull also have been also increased with materials prices increasing from 46,706,000$ per year to 101,420,000$ per year. The gross margin of soybean oil expelling process was obtained as combining total cost and revenues, that has been increased from -2.9% to 1.5% as well.</p>
dc.description.comments <p>This proceeding is from 2015 ASABE Annual International Meeting, Paper No. 152188588, pages 1-15 (doi: <a href="http://dx.doi.org/10.13031/aim.20152188588" target="_blank">10.13031/aim.20152188588</a>). St. Joseph, Mich.: ASABE. Posted with permission.</p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/abe_eng_conf/448/
dc.identifier.articleid 1444
dc.identifier.contextkey 7424294
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath abe_eng_conf/448
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/480
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/abe_eng_conf/448/2015_Cheng_TechnoEconomic.pdf|||Sat Jan 15 00:19:14 UTC 2022
dc.source.uri 10.13031/aim.20152188588
dc.subject.disciplines Agriculture
dc.subject.disciplines Bioresource and Agricultural Engineering
dc.subject.keywords Soybean oil
dc.subject.keywords Expelling
dc.subject.keywords Techno-economic analysis
dc.subject.keywords Soybean meal
dc.subject.keywords Soybean hulls
dc.title Techno-Economic Analysis of Soybean Oil Expelling Process from 198-2014
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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