3236 Chapter 26 



Table 26-19. — Sales prices required on eight products to yield a satisfactory profit in 



large conversion facilities^ 



Optimistic 

 Base case-^ case-^ ^ 



(including (including 



feedstock Base case feedstock 



Conversion at $30/ (no feedstock at $20/ 



Route process- dry ton) cost)-^ dry ton) 



Dollars per million Btu 



Wood to: 



Heavy fuel oil CL 5.37 3.47 4.76 



Methanol GOB 7.77 (0.50/gal) 6.01 (0.39/gal) 6.72 (0.44/gal) 



Ammonia ($/short ton) GOB 164.00 126.00 



Substitute natural gas . GOB 6.41 4.80 



Steam DC 3.00 1 .68 2.73 



Electricity DC 16.38 1 1 .62 14.40 



Steam and electricity . DC 3.42 2.09 3.06 



Oil and char P 4.50 1.40 4.00 



'Data from Schooley et al. (1978). 

 ^Key: CL = catalytic liquefaction 



GOB = gasification — oxygen blown 

 DC = direct combustion 

 P = pyrolysis 

 ^1977 dollars in year 1985. Sales values tabulated will return yield calculated to yield a 15-percent 

 discounted cash flow rate of return on equity and a 9-percent rate of return on debt. 

 '^Capital cost = 80 percent of base case. 



Table 26-20. — Estimated selling prices for chemicals from single-product and 



multi-product hardwood plant 



1975 

 market 

 Type of plant Product output Plant size Selling price^ price 



Dry tons/day 



Single-product 

 plant 



Methanol 50 x 10^ gal/yr 1,500 $0.98/gal $0.38/gal 



Ethanol 25 x 10^ gal/yr 1,480 $1.90/gal $1.04/gal 



Furfural 40 x 10^ Ib/yr 760 $0.61/lb $0.37/lb 



Multiproduct 

 plant"* 

 Ethanol 25 x 1 0^ gal/yr 1,500 $1.28/gal $1.04/gal 



'Data from J.F. Saeman. Energy and materials from the forest biomass. 20 p. Paper presented at 

 Institute of Gas Technology Symp. on Clean Fuels from Biomass and Wastes. (Orlando, Fla., Jan. 

 25-28, 1977). 



Selling price based on an annual depreciation of investment of 8 percent and profit of 15 percent 

 (after Federal taxes). 



Selling price assumes a credit for furfural and phenol at 65 percent of market selling price. 



