Process Engineering Economics


Book Description

This reference outlines the fundamental concepts and strategies for economic assessments for informed management decisions in industry. The book illustrates how to prepare capital cost and operating expense estimates, profitability analyses, and feasibility studies, and how to execute sensitivity and uncertainty assessments. From financial reports to opportunity costs and engineering trade-offs, Process Engineering Economics considers a wide range of alternatives for profitable investing and for projecting outcomes in various chemical and engineering fields. It also explains how to monitor costs, finances, and economic limitations at every stage of chemical project design, preparation, and evaluation.




Chemical Engineering Economics


Book Description

least, the author wishes to thank his constantly helpful wife Maggie and his secretary Pat Weimer; the former for her patience, encouragement, and for acting as a sounding-board, and the latter who toiled endlessly, cheerfully, and most competently on the book's preparation. CONTENTS Preface / iii 1. INTRODUCTION / 1 Frequently Used Economic Studies / 2 Basic Economic Subjects / 3 Priorities / 3 Problems / 6 Appendixes / 6 References / 6 2. EQUIPMENT COST ESTIMATING / 8 Manufacturers' Quotations / 8 Estimating Charts / 10 Size Factoring Exponents / 11 Inflation Cost Indexes / 13 Installation Factor / 16 Module Factor / 18 Estimating Accuracy / 19 Estimating Example / 19 References / 21 3. PLANT COST ESTIMATES / 22 Accuracy and Costs of Estimates / 22 Cost Overruns / 25 Plant Cost Estimating Factors / 26 Equipment Installation / 28 Instrumentation / 30 v vi CONTENTS Piping / 30 Insulation / 30 Electrical / 30 Buildings / 32 Environmental Control / 32 Painting, Fire Protection, Safety Miscellaneous / 32 Yard Improvements / 32 Utilities / 32 Land / 33 Construction and Engineering Expense, Contractor's Fee, Contingency / 33 Total Multiplier / 34 Complete Plant Estimating Charts / 34 Cost per Ton of Product / 35 Capital Ratio (Turnover Ratio) / 35 Factoring Exponents / 37 Plant Modifications / 38 Other Components of Total Capital Investment / 38 Off-Site Facilities / 38 Distribution Facilities / 39 Research and Development, Engineering, Licensing / 40 Working Capital / 40




Chemical Engineering Design


Book Description

Chemical Engineering Design, Second Edition, deals with the application of chemical engineering principles to the design of chemical processes and equipment. Revised throughout, this edition has been specifically developed for the U.S. market. It provides the latest US codes and standards, including API, ASME and ISA design codes and ANSI standards. It contains new discussions of conceptual plant design, flowsheet development, and revamp design; extended coverage of capital cost estimation, process costing, and economics; and new chapters on equipment selection, reactor design, and solids handling processes. A rigorous pedagogy assists learning, with detailed worked examples, end of chapter exercises, plus supporting data, and Excel spreadsheet calculations, plus over 150 Patent References for downloading from the companion website. Extensive instructor resources, including 1170 lecture slides and a fully worked solutions manual are available to adopting instructors. This text is designed for chemical and biochemical engineering students (senior undergraduate year, plus appropriate for capstone design courses where taken, plus graduates) and lecturers/tutors, and professionals in industry (chemical process, biochemical, pharmaceutical, petrochemical sectors). New to this edition: - Revised organization into Part I: Process Design, and Part II: Plant Design. The broad themes of Part I are flowsheet development, economic analysis, safety and environmental impact and optimization. Part II contains chapters on equipment design and selection that can be used as supplements to a lecture course or as essential references for students or practicing engineers working on design projects. - New discussion of conceptual plant design, flowsheet development and revamp design - Significantly increased coverage of capital cost estimation, process costing and economics - New chapters on equipment selection, reactor design and solids handling processes - New sections on fermentation, adsorption, membrane separations, ion exchange and chromatography - Increased coverage of batch processing, food, pharmaceutical and biological processes - All equipment chapters in Part II revised and updated with current information - Updated throughout for latest US codes and standards, including API, ASME and ISA design codes and ANSI standards - Additional worked examples and homework problems - The most complete and up to date coverage of equipment selection - 108 realistic commercial design projects from diverse industries - A rigorous pedagogy assists learning, with detailed worked examples, end of chapter exercises, plus supporting data and Excel spreadsheet calculations plus over 150 Patent References, for downloading from the companion website - Extensive instructor resources: 1170 lecture slides plus fully worked solutions manual available to adopting instructors







Chemical Engineering Design and Analysis


Book Description

The go-to guide to learn the principles and practices of design and analysis in chemical engineering.




Chemical Engineering


Book Description

The introductory chapter reviews the test specifications and the author's recommendation on the best strategy for passing the exam. The first chapter reviews English and SI units and conversions. A complete conversion table is given. Chapter 3 covers heat transfer, conduction, transfer coefficients and heat transfer equipment. Chapter 4 covers evaporation principles, calculations and example problems. Distillation is thoroughly covered in chapter 5. The subsequent chapters review fundamentals of fluid mechanics, hydraulics and typical pump and piping problems: absorption, leaching, liquid-liquid extraction, and the rest of the exam topics. Each of the topics is reviewed followed by examples of examination problems. This book is the ideal study guide bringing all elements of professional problem solving together in one Big Book. The first truly practical, no-nonsense review for the difficult PE exam. Full Step-by-Step solutions included.




General Chemistry for Engineers


Book Description

General Chemistry for Engineers explores the key areas of chemistry needed for engineers. This book develops material from the basics to more advanced areas in a systematic fashion. As the material is presented, case studies relevant to engineering are included that demonstrate the strong link between chemistry and the various areas of engineering. - Serves as a unique chemistry reference source for professional engineers - Provides the chemistry principles required by various engineering disciplines - Begins with an 'atoms first' approach, building from the simple to the more complex chemical concepts - Includes engineering case studies connecting chemical principles to solving actual engineering problems - Links chemistry to contemporary issues related to the interface between chemistry and engineering practices




Introduction to Chemical Engineering


Book Description

This book is an outgrowth of the author’s teaching experience of a course on Introduction to Chemical Engineering to the first-year chemical engineering students of the Indian Institute of Technology Madras. The book serves to introduce the students to the role of a chemical engineer in society. In addition to the classical industries, the role of chemical engineers in several esoteric areas such as semiconductor processing and biomedical engineering is discussed. Besides highlighting the principles and processes of chemical engineering, the book shows how chemical engineering concepts from the basic sciences and economics are used to seek solutions to engineering problems. The book is rich in examples of innovative solutions found to problems faced in chemical industry. It includes a wide spectrum of topics, selected from the industrial interactions of the author. It encourages the student to see the similarities in the concepts which govern apparently dissimilar examples. It introduces various concepts, using both physical and mathematical bases, to facilitate the understanding of difficult processes such as the scale-up process. The book contains several case studies on safety, ethics and environ-mental issues in chemical process industries.




Sustainable Development in Chemical Engineering


Book Description

Sustainable development is an area that has world-wide appeal, from developed industrialized countries to the developing world. Development of innovative technologies to achieve sustainability is being addressed by many European countries, the USA and also China and India. The need for chemical processes to be safe, compact, flexible, energy efficient, and environmentally benign and conducive to the rapid commercialization of new products poses new challenges for chemical engineers. This book examines the newest technologies for sustainable development in chemical engineering, through careful analysis of the technical aspects, and discussion of the possible fields of industrial development. The book is broad in its coverage, and is divided into four sections: Energy Production, covering renewable energies, innovative solar technologies, cogeneration plants, and smart grids Process Intensification, describing why it is important in the chemical and petrochemical industry, the engineering approach, and nanoparticles as a smart technology for bioremediation Bio-based Platform Chemicals, including the production of bioethanol and biodiesel, bioplastics production and biodegradability, and biosurfactants Soil and Water Remediation, covering water management and re-use, and soil remediation technologies Throughout the book there are case studies and examples of industrial processes in practice.




New Directions for Chemical Engineering


Book Description

Over the past century, the work of chemical engineers has helped transform societies and the lives of individuals, from the synthetic fertilizers that helped feed the world to the development of novel materials used in fuels, electronics, medical devices, and other products. Chemical engineers' ability to apply systems-level thinking from molecular to manufacturing scales uniquely positions them to address today's most pressing problems, including climate change and the overuse of resources by a growing population. New Directions in Chemical Engineering details a vision to guide chemical engineering research, innovation, and education over the next few decades. This report calls for new investments in U.S. chemical engineering and the interdisciplinary, cross-sector collaborations necessary to advance the societal goals of transitioning to a low-carbon energy system, ensuring our production and use of food and water is sustainable, developing medical advances and engineering solutions to health equity, and manufacturing with less waste and pollution. The report also calls for changes in chemical engineering education to ensure the next generation of chemical engineers is more diverse and equipped with the skills necessary to address the challenges ahead.