A market‐driven algorithm for the assessment of promising bio‐based chemicals

Agustín Helal; Roberto Kreimerman; Soledad Gutiérrez; Ana I. Torres

doi:10.1002/aic.16775

journal article Sep 11, 2019

A market‐driven algorithm for the assessment of promising bio‐based chemicals

Agustín Helal Roberto Kreimerman Soledad Gutiérrez Ana I. Torres

AIChE Journal Vol. 65 No. 12 · Wiley

View at Publisher Save 10.1002/aic.16775

Abstract

AbstractActors willing to participate in biomass‐based value chains need to screen through a vast number of product options to identify the most promising ones. This is challenging as (a) processes for biomass‐based chemicals/materials are still in development stage, thus do not perform well in techno‐economic evaluations, (b) factors as which and how many links of the value chain should be uptaken, are not fully addressed by techno‐economic analysis. Inspired by the Five Forces framework for industry analysis, this work presents an algorithm‐like approach for assessing the attractiveness of biomass‐based products. The algorithm relies on market data to classify the different sources as posing a low, medium, or high threat to the profit of a company that is considering production of a certain chemical/material. The approach is exemplified by analyzing the attractiveness of the biomass‐lactic acid‐polylactic acid route in the context of defining pathways for development of a biomass‐based industry in Uruguay.

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Details

Published: Sep 11, 2019
Vol/Issue: 65(12)
License: View

Authors

A

Agustín Helal

Instituto de Ingeniería Química, Facultad de Ingeniería, Universidad de la República, Montevideo Uruguay

R

Roberto Kreimerman

Instituto de Ingeniería Química, Facultad de Ingeniería, Universidad de la República, Montevideo Uruguay; Departamento de Inserción Social del Ingeniero, Facultad de Ingeniería Universidad de la República Montevideo Uruguay

S

Soledad Gutiérrez

Instituto de Ingeniería Química, Facultad de Ingeniería, Universidad de la República, Montevideo Uruguay

A

Ana I. Torres

Instituto de Ingeniería Química, Facultad de Ingeniería, Universidad de la República, Montevideo Uruguay

Cite This Article

Agustín Helal, Roberto Kreimerman, Soledad Gutiérrez, et al. (2019). A market‐driven algorithm for the assessment of promising bio‐based chemicals. AIChE Journal, 65(12). https://doi.org/10.1002/aic.16775

A market‐driven algorithm for the assessment of promising bio‐based chemicals

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