ASSESSMENT OF THE RISK MANAGEMENT INFLUENCE ON THE EFFICIENCY OF THE INITIATORS APPLICATION IN THE GASOLINE RAW MATERIAL PYROLYSIS

Abstract

The article presents the results of a study of the effectiveness of introducing the olefin-octene-1 initiator into the pyrolysis process of gasoline feedstocks. Like any innovation, changing the parameters of the petrochemical process leads to additional risks. The paper compiles a risk map of the proposed initiator applying with the allocation of three risk zones in terms of probability and damage degree. The most significant are project risks differentiated depending on the pyrolysis process temperature. To prevent the occurrence and negative consequences of key risks, a set of measures is proposed with an estimated total cost of 10.6 million rubles. Their implementation worsens the static performance indicators of the project. However, the reduction of almost all types ofproject risk allows reducing the discount rate. As a result, net present value increased by more than 30%, which is confirmed by calculations.