Eco-Friendly Extraction of Sustainable and Valorized Value-Added Products From Ulva fasciata Macroalgae: A Holistic...

The present work conducts a detailed technoeconomic analysis of an environmentally friendly zero-waste biorefinery process to valorize marine Ulva fasciata macroalgae into different sustainable value-added products. The proposed sequential fully integrated process yielded 34.89% mineral-rich water extract (MRWE), 2.61 ± 0.5% chlorophyll, 0.41 ± 0.05% carotenoids, 12.55 ± 1.6% starch, 3.27 ± 0.7% lipids, 22.24 ± 1.8% ulvan, 13.37 ± 1.5% proteins, and 10.66 ± 0.9% cellulose. The Aspen Plus software, utilizing the nonrandom two-liquid (NRTL) model, was applied for process design, simulation, and technoeconomic analysis. Key findings include a positive net present value (NPV) of $49,755,544.90, a high return on investment (ROI) of 485%, and an internal rate of return (IRR) of 17%. The anticipated payback period is 7 years, indicating a quick recovery of the initial investment. These findings confirm that Ulva fasciata is a promising resource in the biorefinery industry, providing a viable and eco-friendly alternative for the production of bio-based products and a new market for seaweed-based products.