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Contents
Section
1
Summary...................................................................................................................
1.1
1.1.1
1.1.2
1.1.3
1.1.4
1.1.5
1.2
1.3
10
1.3.1
Tow ....................................................................................................
13
11
1.4.1
Flake...................................................................................................
11
14
1.5.1
Demand ..............................................................................................
14
1.5.2
Supply ................................................................................................
16
17
1.6.1
Demand ..............................................................................................
17
Commercial Technology..........................................................................................
19
2.1
19
2.1.1
20
2.1.2
23
2.1.3
34
37
2.2.1
37
41
2.3.1
Chemistry...........................................................................................
41
2.3.2
Process Description............................................................................
43
Developing Technology............................................................................................
48
3.1
48
1.4
1.5
1.6
2
2.2
2.3
Page
Contents
3.1.1
48
3.1.2
Eastman..............................................................................................
48
Economics .................................................................................................................
50
4.1
50
4.1.1
50
4.1.2
Developing Technology.....................................................................
57
60
4.2.1
Flake...................................................................................................
60
4.2.2
Tow ....................................................................................................
62
62
Commercial ..............................................................................................................
68
5.1
68
5.1.1
Demand ..............................................................................................
68
5.1.2
Supply ................................................................................................
71
74
5.2.1
Demand ..............................................................................................
74
5.2.2
Supply ................................................................................................
79
References.................................................................................................................
82
4.2
4.3
5
5.2
Appendix
Page
A-1
B-1
ii
Contents
Figure
Page
11
12
1.3 Net Acetyl Cost Component of Flake (credit for acid by-product) ...........................
12
14
15
16
16
17
18
21
27
30
33
35
39
44
48
53
57
58
59
4.5 Cost of Production Plus ROI Breakeven: Effect of Improved CO Efficiency ..........
59
4.6 Tow Cost of Production at Cash Cost Transfer: Effect of Integration ......................
64
64
66
4.9 Net Acetyl Cost Component of Flake (credit for acid by-product) ...........................
66
68
69
71
iii
Contents
72
74
75
77
78
Table
Page
10
14
43
51
52
53
54
56
57
58
60
61
63
65
67
68
70
73
iv
Contents
79
80
81