Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador

Mateo Eguiguren; Nicolas Larrea; Juan Sebastian Proano; Daniela Almeida Streitwieser; Sebastian Ponce

doi:10.1007/978-3-031-26813-7_1

Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador

Mateo Eguiguren
, Nicolas Larrea
, Juan Sebastian Proano
, Daniela Almeida Streitwieser
, Sebastian Ponce^*

^*Corresponding author for this work

Universidad San Francisco de Quito
Reutlingen University

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

1 Scopus citations

Abstract

Ecuador, traditionally an agricultural based economy, has a great potential for valorizing their industrial residues. This study, presents a techno-economic analysis for applying a novel biomass oxidation method to produce formic and acetic acids from coffee husk residues in Machala, Ecuador. The analysis determined that the time of return of investment was lower than 5 years, making this project economically feasible, when producing approx. 1000 tons of formic acid per year, which is enough for supplying the Ecuadorian market. This production, would reduce imports costs and develop the chemical industry in the country.

Original language	English
Title of host publication	Congress on Research, Development, and Innovation in Renewable Energies - Selected Papers from CIDiER 2022
Editors	Mayken Espinoza-Andaluz, Jordy Santana Villamar, Ester Melo Vargas, Ángel Encalada-Dávila
Publisher	Springer Science and Business Media Deutschland GmbH
Pages	3-18
Number of pages	16
ISBN (Print)	9783031268120
DOIs	https://doi.org/10.1007/978-3-031-26813-7_1
State	Published - 2023
Event	2nd Congress on Research, Development, and Innovation in Renewable Energies, CIDiER 2022 - Guayaquil, Ecuador Duration: 19 Sep 2022 → 20 Sep 2022

Publication series

Name	Green Energy and Technology
ISSN (Print)	1865-3529
ISSN (Electronic)	1865-3537

Conference

Conference	2nd Congress on Research, Development, and Innovation in Renewable Energies, CIDiER 2022
Country/Territory	Ecuador
City	Guayaquil
Period	19/09/22 → 20/09/22

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 7 Affordable and Clean Energy

Keywords

Acetic acid
Biomass residues
Ecuador
Formic acid
TEA

Access to Document

10.1007/978-3-031-26813-7_1

Cite this

Eguiguren, M., Larrea, N., Proano, J. S., Streitwieser, D. A., & Ponce, S. (2023). Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador. In M. Espinoza-Andaluz, J. Santana Villamar, E. Melo Vargas, & Á. Encalada-Dávila (Eds.), Congress on Research, Development, and Innovation in Renewable Energies - Selected Papers from CIDiER 2022 (pp. 3-18). (Green Energy and Technology). Springer Science and Business Media Deutschland GmbH. https://doi.org/10.1007/978-3-031-26813-7_1

Eguiguren, Mateo ; Larrea, Nicolas ; Proano, Juan Sebastian et al. / Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador. Congress on Research, Development, and Innovation in Renewable Energies - Selected Papers from CIDiER 2022. editor / Mayken Espinoza-Andaluz ; Jordy Santana Villamar ; Ester Melo Vargas ; Ángel Encalada-Dávila. Springer Science and Business Media Deutschland GmbH, 2023. pp. 3-18 (Green Energy and Technology).

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abstract = "Ecuador, traditionally an agricultural based economy, has a great potential for valorizing their industrial residues. This study, presents a techno-economic analysis for applying a novel biomass oxidation method to produce formic and acetic acids from coffee husk residues in Machala, Ecuador. The analysis determined that the time of return of investment was lower than 5 years, making this project economically feasible, when producing approx. 1000 tons of formic acid per year, which is enough for supplying the Ecuadorian market. This production, would reduce imports costs and develop the chemical industry in the country.",

keywords = "Acetic acid, Biomass residues, Ecuador, Formic acid, TEA",

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note = "Publisher Copyright: {\textcopyright} 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.; 2nd Congress on Research, Development, and Innovation in Renewable Energies, CIDiER 2022 ; Conference date: 19-09-2022 Through 20-09-2022",

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Eguiguren, M, Larrea, N, Proano, JS, Streitwieser, DA & Ponce, S 2023, Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador. in M Espinoza-Andaluz, J Santana Villamar, E Melo Vargas & Á Encalada-Dávila (eds), Congress on Research, Development, and Innovation in Renewable Energies - Selected Papers from CIDiER 2022. Green Energy and Technology, Springer Science and Business Media Deutschland GmbH, pp. 3-18, 2nd Congress on Research, Development, and Innovation in Renewable Energies, CIDiER 2022, Guayaquil, Ecuador, 19/09/22. https://doi.org/10.1007/978-3-031-26813-7_1

Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador. / Eguiguren, Mateo; Larrea, Nicolas; Proano, Juan Sebastian et al.
Congress on Research, Development, and Innovation in Renewable Energies - Selected Papers from CIDiER 2022. ed. / Mayken Espinoza-Andaluz; Jordy Santana Villamar; Ester Melo Vargas; Ángel Encalada-Dávila. Springer Science and Business Media Deutschland GmbH, 2023. p. 3-18 (Green Energy and Technology).

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

TY - GEN

T1 - Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador

AU - Eguiguren, Mateo

AU - Larrea, Nicolas

AU - Proano, Juan Sebastian

AU - Streitwieser, Daniela Almeida

AU - Ponce, Sebastian

PY - 2023

Y1 - 2023

N2 - Ecuador, traditionally an agricultural based economy, has a great potential for valorizing their industrial residues. This study, presents a techno-economic analysis for applying a novel biomass oxidation method to produce formic and acetic acids from coffee husk residues in Machala, Ecuador. The analysis determined that the time of return of investment was lower than 5 years, making this project economically feasible, when producing approx. 1000 tons of formic acid per year, which is enough for supplying the Ecuadorian market. This production, would reduce imports costs and develop the chemical industry in the country.

AB - Ecuador, traditionally an agricultural based economy, has a great potential for valorizing their industrial residues. This study, presents a techno-economic analysis for applying a novel biomass oxidation method to produce formic and acetic acids from coffee husk residues in Machala, Ecuador. The analysis determined that the time of return of investment was lower than 5 years, making this project economically feasible, when producing approx. 1000 tons of formic acid per year, which is enough for supplying the Ecuadorian market. This production, would reduce imports costs and develop the chemical industry in the country.

KW - Acetic acid

KW - Biomass residues

KW - Ecuador

KW - Formic acid

KW - TEA

UR - https://www.scopus.com/pages/publications/85161389830

U2 - 10.1007/978-3-031-26813-7_1

DO - 10.1007/978-3-031-26813-7_1

M3 - Contribución a la conferencia

AN - SCOPUS:85161389830

SN - 9783031268120

T3 - Green Energy and Technology

SP - 3

EP - 18

BT - Congress on Research, Development, and Innovation in Renewable Energies - Selected Papers from CIDiER 2022

A2 - Espinoza-Andaluz, Mayken

A2 - Santana Villamar, Jordy

A2 - Melo Vargas, Ester

A2 - Encalada-Dávila, Ángel

PB - Springer Science and Business Media Deutschland GmbH

T2 - 2nd Congress on Research, Development, and Innovation in Renewable Energies, CIDiER 2022

Y2 - 19 September 2022 through 20 September 2022

ER -

Eguiguren M, Larrea N, Proano JS, Streitwieser DA, Ponce S. Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador. In Espinoza-Andaluz M, Santana Villamar J, Melo Vargas E, Encalada-Dávila Á, editors, Congress on Research, Development, and Innovation in Renewable Energies - Selected Papers from CIDiER 2022. Springer Science and Business Media Deutschland GmbH. 2023. p. 3-18. (Green Energy and Technology). doi: 10.1007/978-3-031-26813-7_1

Techno-Economic Analysis for the Production of Formic Acid Via Oxidation Processing of Residual Biomass in Ecuador

Abstract

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UN SDGs

Keywords

Access to Document

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