DESIGN METHODOLOGY goaL-- Produce design for chemical plant that: Is economically acceptable and Is operable,ie., eIs safe → Is controllable Is reliable,and Is environmentally acceptable
ENGINEERING ECONOMICS ESTIMATING THE PROFITABILITY OF A CHEMICAL PLANT Estimating Investment Estimating Cost of Production Profitability Evaluation Return on Investment (ROD) Payout time(Tpay) DCF Rate of Return(DCFROR) Transfer Price
INTRODUCTION A. Types of Material Balance Problems B. Historical Perspective I. CONSERVATION OF MASS 5 A. Control Volumes B. Holdup or Inventory . Material Balance Basis D. Material Balances II. PROCESSES
HEAT EXCHANGER DESIGN GOALS: Role of heat exchangers in chemical processing Basic concepts and terminology Types of heat exchangers Design methodology Sizing Design Rating