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Production of biodiesel from castor oil : a feasibility study

In this work, the requirements of a biodiesel plant and the strategic issues to be considered to assess its feasibility. This analysis is useful either when starting a new business, or identifying new opportunities for an existing business. Therefore, it will be extremely helpful for taking rational...

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Main Author: Marwah Noori, Mohammed
Format: Thesis
Language:English
Published: 2013
Subjects:
TP Chemical technology
Online Access:http://umpir.ump.edu.my/id/eprint/37144/1/CD7257_PRODUCTION%20OF%20BIODIESEL%20FROM%20CASTOR%20OIL.pdf
http://umpir.ump.edu.my/id/eprint/37144/
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spelling my.ump.umpir.371442023-02-28T07:46:43Z http://umpir.ump.edu.my/id/eprint/37144/ Production of biodiesel from castor oil : a feasibility study Marwah Noori, Mohammed TP Chemical technology In this work, the requirements of a biodiesel plant and the strategic issues to be considered to assess its feasibility. This analysis is useful either when starting a new business, or identifying new opportunities for an existing business. Therefore, it will be extremely helpful for taking rational decisions about the development of a biodiesel production plant. Thus, it is important to understand the transesterification process, and optimize the variables affecting for biodiesel production from castor oil which second generation non edible oil, by acid catalysis (sulphuric and phosphoric acid) and basic catalysis (potassium methoxide and potassium hydroxide). Biodiesel was characterized by a set of parameter according to European Standard, EN 14214. The best conditions for transesterification process were 9:1 methanol/oil molar ratio, 65 ºC, and the use of potassium methoxide as catalyst with concentration 1.0 wt%. The operating cost of the process was estimated using the key information on process operation such as raw materials, utilities, and labor. A profitability analysis was carried out by examining the ROI (Return of Investment) and PP (Payback Period). It was determined that the single most important economic factor is the cost of castor oil. Consequently, a sensitivity analysis was performed to examine the effect of castor oil cost on profitability using the MATLAB code. It was determined that both ROI and PP quickly deteriorate as the cost of castor oil increase. The model bases on using two different sell prices (RM 2.30 and RM 2.60). The ROI is (about 14.48% and 42.05%) and PP is (0.64 and 0.36) respectively. Thus, it can be understood that the models developed in this study are useful tools for estimation of the sensitivity analysis of the biodiesel product from castor oil. 2013-01 Thesis NonPeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/37144/1/CD7257_PRODUCTION%20OF%20BIODIESEL%20FROM%20CASTOR%20OIL.pdf Marwah Noori, Mohammed (2013) Production of biodiesel from castor oil : a feasibility study. Masters thesis, Universiti Malaysia Pahang (Contributors, Thesis advisor: GHAZI FAISAL, NAJMULDEEN).
institution Universiti Malaysia Pahang
building UMP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Pahang
content_source UMP Institutional Repository
url_provider http://umpir.ump.edu.my/
language English
topic TP Chemical technology
spellingShingle TP Chemical technology
Marwah Noori, Mohammed
Production of biodiesel from castor oil : a feasibility study
description In this work, the requirements of a biodiesel plant and the strategic issues to be considered to assess its feasibility. This analysis is useful either when starting a new business, or identifying new opportunities for an existing business. Therefore, it will be extremely helpful for taking rational decisions about the development of a biodiesel production plant. Thus, it is important to understand the transesterification process, and optimize the variables affecting for biodiesel production from castor oil which second generation non edible oil, by acid catalysis (sulphuric and phosphoric acid) and basic catalysis (potassium methoxide and potassium hydroxide). Biodiesel was characterized by a set of parameter according to European Standard, EN 14214. The best conditions for transesterification process were 9:1 methanol/oil molar ratio, 65 ºC, and the use of potassium methoxide as catalyst with concentration 1.0 wt%. The operating cost of the process was estimated using the key information on process operation such as raw materials, utilities, and labor. A profitability analysis was carried out by examining the ROI (Return of Investment) and PP (Payback Period). It was determined that the single most important economic factor is the cost of castor oil. Consequently, a sensitivity analysis was performed to examine the effect of castor oil cost on profitability using the MATLAB code. It was determined that both ROI and PP quickly deteriorate as the cost of castor oil increase. The model bases on using two different sell prices (RM 2.30 and RM 2.60). The ROI is (about 14.48% and 42.05%) and PP is (0.64 and 0.36) respectively. Thus, it can be understood that the models developed in this study are useful tools for estimation of the sensitivity analysis of the biodiesel product from castor oil.
format Thesis
author Marwah Noori, Mohammed
author_facet Marwah Noori, Mohammed
author_sort Marwah Noori, Mohammed
title Production of biodiesel from castor oil : a feasibility study
title_short Production of biodiesel from castor oil : a feasibility study
title_full Production of biodiesel from castor oil : a feasibility study
title_fullStr Production of biodiesel from castor oil : a feasibility study
title_full_unstemmed Production of biodiesel from castor oil : a feasibility study
title_sort production of biodiesel from castor oil : a feasibility study
publishDate 2013
url http://umpir.ump.edu.my/id/eprint/37144/1/CD7257_PRODUCTION%20OF%20BIODIESEL%20FROM%20CASTOR%20OIL.pdf
http://umpir.ump.edu.my/id/eprint/37144/
_version_ 1759689603881631744
score 13.211869

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