By Harry Silla
This illustrative reference offers a scientific method of fixing layout difficulties via directory the wanted equations, calculating degrees-of-freedom, constructing calculation strategies to generate approach requisites, and sizing gear. Containing over thirty special examples of calculation tactics, the publication tabulates various easy-to-follow calculation systems in addition to the relationships wanted for sizing wide-spread apparatus. "Chemical technique Engineering" emphasizes the assessment and choice of apparatus via contemplating its mechanical layout and inspiring the choice of standard-size gear provided by way of brands to decrease charges.
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Extra resources for Chemical Process Engineering (Chemical Industries)
In this case, the project may be abandoned unless partners can be found to share the risk. The economic evaluation of a process proceeds in several steps . These are: 1. preparing a process flow diagram 2. calculating mass and energy flows 3. sizing major equipment 4. estimating the capital cost 29 Copyright © 2003 by Taylor & Francis Group LLC 30 Chapter 2 5. estimating the production cost 6. forecasting the product sales price 7. estimating the return on investment The main objective here is to determine the production cost of a chemical.
For these cases, we will use the individual factor method, which will be described next.
In the past, the interest rate on borrowed capital has increased considerably. Usually, corporations and individuals will borrow capital when interest rates become favorable. 1 does not include a numerical value. The current interest rate can be obtained from the financial section of newspapers or from banks. Finally, process and product improvements are continuously being sought. 6 to 8% of the production cost. 1. 1, requires the depreciable and fixed capital costs. The depreciable capital cost is the capital required for equipment and its installation or modification in the process, and all the facilities required to operate the process.