Industrial lignin from 2G biorefineries – Assessment of availability and pricing strategies

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Abstract

With a view to boost practical implementation of lignin conversion technologies, this paper assesses the availability of industrial lignin and evaluates pricing strategies applicable to multi-product biorefineries. The biorefineries, producing either denatured ethanol or sugar hydrolysate as a main product, can yield 43% and 61% of lignin residue (LR) comprising 33% and 23% of lignin by mass, respectively, without sacrificing the output of the main product and before electricity import has become indispensable. Analysis of the pricing strategies reveals that LR must be treated as a low-value by-product, and its minimum selling price (MSP) is driven mainly by the prevailing electricity price. Under the biorefinery net zero energy balance, and taking into account the LR market price adequacy, as well as the main probabilistic conditions, the upper range for the MSP is calculated at $43–70 and $18–37 per ton for biorefineries producing ethanol and hydrolysate, respectively.

LanguageEnglish
Article number121805
Number of pages12
JournalBioresource Technology
Volume291
DOIs
StatePublished - 1 Nov 2019

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Lignin
lignin
Availability
Costs
ethanol
electricity
Sales
Ethanol
Electricity
Energy balance
Sugars
energy balance
Byproducts
import
sugar
product
price

Keywords

  • Industrial lignin
  • Lignin availability
  • Lignin price
  • Multi-product biorefinery
  • Pricing strategy

Cite this

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title = "Industrial lignin from 2G biorefineries – Assessment of availability and pricing strategies",
abstract = "With a view to boost practical implementation of lignin conversion technologies, this paper assesses the availability of industrial lignin and evaluates pricing strategies applicable to multi-product biorefineries. The biorefineries, producing either denatured ethanol or sugar hydrolysate as a main product, can yield 43{\%} and 61{\%} of lignin residue (LR) comprising 33{\%} and 23{\%} of lignin by mass, respectively, without sacrificing the output of the main product and before electricity import has become indispensable. Analysis of the pricing strategies reveals that LR must be treated as a low-value by-product, and its minimum selling price (MSP) is driven mainly by the prevailing electricity price. Under the biorefinery net zero energy balance, and taking into account the LR market price adequacy, as well as the main probabilistic conditions, the upper range for the MSP is calculated at $43–70 and $18–37 per ton for biorefineries producing ethanol and hydrolysate, respectively.",
keywords = "Industrial lignin, Lignin availability, Lignin price, Multi-product biorefinery, Pricing strategy",
author = "Obydenkova, {Svetlana V.} and Kouris, {Panos D.} and Hensen, {Emiel J.M.} and Smeulders, {David M.J.} and {van der Meer}, Yvonne and Boot, {Michael D.}",
year = "2019",
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volume = "291",
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AU - Obydenkova,Svetlana V.

AU - Kouris,Panos D.

AU - Hensen,Emiel J.M.

AU - Smeulders,David M.J.

AU - van der Meer,Yvonne

AU - Boot,Michael D.

PY - 2019/11/1

Y1 - 2019/11/1

N2 - With a view to boost practical implementation of lignin conversion technologies, this paper assesses the availability of industrial lignin and evaluates pricing strategies applicable to multi-product biorefineries. The biorefineries, producing either denatured ethanol or sugar hydrolysate as a main product, can yield 43% and 61% of lignin residue (LR) comprising 33% and 23% of lignin by mass, respectively, without sacrificing the output of the main product and before electricity import has become indispensable. Analysis of the pricing strategies reveals that LR must be treated as a low-value by-product, and its minimum selling price (MSP) is driven mainly by the prevailing electricity price. Under the biorefinery net zero energy balance, and taking into account the LR market price adequacy, as well as the main probabilistic conditions, the upper range for the MSP is calculated at $43–70 and $18–37 per ton for biorefineries producing ethanol and hydrolysate, respectively.

AB - With a view to boost practical implementation of lignin conversion technologies, this paper assesses the availability of industrial lignin and evaluates pricing strategies applicable to multi-product biorefineries. The biorefineries, producing either denatured ethanol or sugar hydrolysate as a main product, can yield 43% and 61% of lignin residue (LR) comprising 33% and 23% of lignin by mass, respectively, without sacrificing the output of the main product and before electricity import has become indispensable. Analysis of the pricing strategies reveals that LR must be treated as a low-value by-product, and its minimum selling price (MSP) is driven mainly by the prevailing electricity price. Under the biorefinery net zero energy balance, and taking into account the LR market price adequacy, as well as the main probabilistic conditions, the upper range for the MSP is calculated at $43–70 and $18–37 per ton for biorefineries producing ethanol and hydrolysate, respectively.

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KW - Lignin availability

KW - Lignin price

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