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Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex

Recent threats to sustainability in the palm oil milling industry such as methane emissions, has impacted the palm oil market negatively. To facilitate methane emission mitigation, most palm oil mills opt for expensive biogas facilities. An alternative solution to this expensive biogas facility, can...

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Main Authors: Tan, Yue Dian, Lim, Jeng Shiun, Wan Alwi, Sharifah Rafidah, Andiappan, Viknesh
Format: Article
Language:English
Published: Italian Association of Chemical Engineering - AIDIC 2020
Subjects:
TP Chemical technology
Online Access:http://eprints.utm.my/id/eprint/90397/1/LimJengShiun2020_TargetingAnchorProcessviaCooperativeGame.pdf
http://eprints.utm.my/id/eprint/90397/
http://dx.doi.org/10.3303/CET2081006
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id my.utm.90397
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spelling my.utm.903972021-04-30T14:38:30Z http://eprints.utm.my/id/eprint/90397/ Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex Tan, Yue Dian Lim, Jeng Shiun Wan Alwi, Sharifah Rafidah Andiappan, Viknesh TP Chemical technology Recent threats to sustainability in the palm oil milling industry such as methane emissions, has impacted the palm oil market negatively. To facilitate methane emission mitigation, most palm oil mills opt for expensive biogas facilities. An alternative solution to this expensive biogas facility, can be an integrated palm oil-based complex (POBC). POBC is proposed to reduce environmental consequences while maximising the palm oil mill profit by integrating it with a palm oil refinery and implementing POME elimination strategy. However, in order to understand the feasibility of the POBC, it is important to identify the most crucial process otherwise known as the anchor process. The anchor process can be determined based on the allocation of incremental economic benefits among the internal processes. On that account, in work proposes a new process-level performance allocation approach based on cooperative game theory to investigate future optimisation strategies for the POBC. Cooperative game theory was previously applied for rationally allocating incremental profits among collaborating parties and determining anchor tenant within an eco-industrial park. In this study, the cooperative game model analyses internal processes instead of collaborating plants to determine the anchor process. The anchor process is critical for defining performance benchmarks for other processes within the POBC. The developed framework is applied consecutively on the given POBC case study based on the presented framework. The optimal results obtained are analysed to determine the anchor process for deciding suitable strategies to improve the overall profitability of POBC. Italian Association of Chemical Engineering - AIDIC 2020 Article PeerReviewed application/pdf en http://eprints.utm.my/id/eprint/90397/1/LimJengShiun2020_TargetingAnchorProcessviaCooperativeGame.pdf Tan, Yue Dian and Lim, Jeng Shiun and Wan Alwi, Sharifah Rafidah and Andiappan, Viknesh (2020) Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex. Chemical Engineering Transactions, 81 . pp. 31-36. ISSN 2283-9216 http://dx.doi.org/10.3303/CET2081006
institution Universiti Teknologi Malaysia
building UTM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Malaysia
content_source UTM Institutional Repository
url_provider http://eprints.utm.my/
language English
topic TP Chemical technology
spellingShingle TP Chemical technology
Tan, Yue Dian
Lim, Jeng Shiun
Wan Alwi, Sharifah Rafidah
Andiappan, Viknesh
Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex
description Recent threats to sustainability in the palm oil milling industry such as methane emissions, has impacted the palm oil market negatively. To facilitate methane emission mitigation, most palm oil mills opt for expensive biogas facilities. An alternative solution to this expensive biogas facility, can be an integrated palm oil-based complex (POBC). POBC is proposed to reduce environmental consequences while maximising the palm oil mill profit by integrating it with a palm oil refinery and implementing POME elimination strategy. However, in order to understand the feasibility of the POBC, it is important to identify the most crucial process otherwise known as the anchor process. The anchor process can be determined based on the allocation of incremental economic benefits among the internal processes. On that account, in work proposes a new process-level performance allocation approach based on cooperative game theory to investigate future optimisation strategies for the POBC. Cooperative game theory was previously applied for rationally allocating incremental profits among collaborating parties and determining anchor tenant within an eco-industrial park. In this study, the cooperative game model analyses internal processes instead of collaborating plants to determine the anchor process. The anchor process is critical for defining performance benchmarks for other processes within the POBC. The developed framework is applied consecutively on the given POBC case study based on the presented framework. The optimal results obtained are analysed to determine the anchor process for deciding suitable strategies to improve the overall profitability of POBC.
format Article
author Tan, Yue Dian
Lim, Jeng Shiun
Wan Alwi, Sharifah Rafidah
Andiappan, Viknesh
author_facet Tan, Yue Dian
Lim, Jeng Shiun
Wan Alwi, Sharifah Rafidah
Andiappan, Viknesh
author_sort Tan, Yue Dian
title Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex
title_short Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex
title_full Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex
title_fullStr Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex
title_full_unstemmed Targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex
title_sort targeting anchor process via cooperative game-based optimisation approach within integrated palm oil-based complex
publisher Italian Association of Chemical Engineering - AIDIC
publishDate 2020
url http://eprints.utm.my/id/eprint/90397/1/LimJengShiun2020_TargetingAnchorProcessviaCooperativeGame.pdf
http://eprints.utm.my/id/eprint/90397/
http://dx.doi.org/10.3303/CET2081006
_version_ 1698696930228436992
score 13.211869

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