Petro-chemical Equipment Technology ›› 2025, Vol. 46 ›› Issue (6): 63-66.doi: 10.3969/j.issn.1006-8805.2025.06.011

• SPECIAL CONTRIBUTIONS • Previous Articles    

Technical-Economic Efficiency Assessment of Cracking Feedstock in Market-Based Pricing System

Jiang Mingjing   

  1. SINOPEC Zhenhai Refining & Chemical Company, Ningbo, Zhejiang, 31520
  • Received:2024-11-22 Revised:2025-09-25 Accepted:2025-10-28 Online:2025-11-19 Published:2025-11-19

Abstract: Based on the analysis of data generated from COILSIM simulations of ethylene cracking furnace operations, a system has been established to correlate cracking products with the market prices of final ethylene products and by-products. An integrated optimization model has been developed. The model enables economic-oriented simulation of ethylene cracking furnace operations and optimize the ethylene feedstock composition and furnace operating parameters, achieving energy conservation, reduced consumption and maximized economic benefits.

Key words: cracking furnace, COILSIM, simulation optimization, economic efficiency