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T
he past few years have seen a dramatic olefins projects utilising methanol reaction to
increase in the demand for propylene to mixed olefins or propylene. These processes are
feed the growing markets for polypropyl- characterised by high capital costs and, in some
ene, propylene oxide and acrylic acid. cases, high by-product volumes. Alternatively, a
Traditionally, propylene has been produced as a number of technologies have been or are being
by-product of steam cracking and fluid catalytic developed based upon
cracking (FCC). However, propylene demand by-product transformation techniques using
growth has exceeded ethylene and gasoline/ C4C6 olefins as feed. These lower-valued olefin
distillate demand growth, and propylene supply by-products from steam crackers or FCC units
has not kept pace with this increase in demand. are reacted to produce propylene. There are two
In addition, considerable ethylene capacity added technology approaches to this transformation.
in the Middle East has been based upon ethane, Olefin metathesis is an equimolar olefin inter-
which produces only a small amount of propyl- conversion technology, where two olefins are
ene, further exacerbating the tight supply reacted with each other to produce two different
situation. The limited availability of propylene olefins. Olefin cracking utilises zeolitic cracking
has resulted in a dramatic increase in propylene catalyst technology to crack the olefins to a
pricing, as shown in Figure 1.1 mixture of lighter olefins and aromatics.
This extremely tight supply situation has
resulted in producers looking for alternate Metathesis
sources of propylene. CMAI has projected that, The term metathesis is derived from the Greek
based upon current capacity and growth rates, meta (change) and tithemi (place). It refers to
an additional 19.8 million tons of new propylene the changing of positions of the R groups
capacity will be required by 2010.1 A
large fraction of this capacity will come
from new steam crackers and/or FCC
units. 3% !SIA PROPYLENE SPOT PRICE #&2
There have been significant advances in 7EST %UROPE PROPYLENE CONTRACT PRICE $EL
53 0'