process industry economics

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Process Industry Economics
Author : David J. Brennan
Publisher : IChemE
Release Date : 1998
ISBN 10 : 9780852954614
Pages : 292 pages
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Process Industry Economics
Author : David Brennan
Publisher : Elsevier
Release Date : 2020-05-18
ISBN 10 : 0128195606
Pages : 302 pages
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Process Industry Economics: Principles, Concepts and Applications, Second Edition, explores the fundamentals of market evaluation, capital and operating cost estimation, and profitability evaluation, along with their implications for process technology evaluation, project development and investment decisions. Sections cover time dependent technology evolution in process plants, including scale development, performance improvement in new and operating plants, and learning related to environmental, safety and sustainability assessments. Influences on capital investment decisions, including capacity planning and environmental considerations are explored and supported by case studies. Finally, the aspects of overall industry performance and drivers are discussed. Outlines the basic principles of economic evaluation Identifies the roles of engineering, scientific, commercial and management personnel in contributing to economic evaluation Explores the interaction of economics with safety, environmental and sustainability criteria in project evaluation

Process Industry Economics
Author : David Brennan
Publisher : Gulf Publishing Company
Release Date : 1998
ISBN 10 : 9780852953914
Pages : 292 pages
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A primer for engineers, giving an overview of key facets of international process economics. The text covers market evaluation, shows how to estimate capital and operating costs, tackles project profitability and how to plan capacity.

Process Engineering Economics
Author : James Riley Couper
Publisher : CRC Press
Release Date : 2003-08-26
ISBN 10 : 9780203911396
Pages : 384 pages
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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.

Food Plant Economics
Author : Zacharias B. Maroulis,George D. Saravacos
Publisher : CRC Press
Release Date : 2007-08-02
ISBN 10 : 9781420005790
Pages : 376 pages
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Applying the proven success of modern process engineering economics to the food industry, Food Plant Economics considers the design and economic analysis of food preservation, food manufacturing, and food ingredients plants with regard to a number of representative food processes. Economic analysis of food plants requires the evaluation of quantitative data from the design and operation of food processes and processing plants. An accompanying CD-ROM includes prepared Excel spreadsheets for calculating various food plants scenarios by applying appropriate data regarding the cost of equipment and equipment sizing, material and energy balances, and plant operating costs. Beginning with a thorough background in the economics of a food plant, the first three chapters summarize recent advances in food process and research technology, the structure of the food system in the US and EU, and the principles of modern design in food processes, processing equipment, and processing plants. The second three chapters discuss process economics in relation to the food industry by applying the concepts of capital cost, operating cost, and cash flow to estimations of plant profitability. Detailed chapters cover estimations of capital investment and operating costs including statistical data, empirical models, and useful rules of thumb. The remaining three chapters apply the techniques of the previous discussions to food preservation plants such as concentration, canning, and dehydration; manufacturing plants including wine, bread, and yogurt; as well as ingredients plants that produce sugars and oils. A useful appendix contains a glossary, tables, conversions, nomenclature, food properties, and heat transfer coefficients. A practical and comprehensive treatment of process economics, Food Plant Economics provides a complete introduction to the application of this efficient technique to the food industry.

Engineering Economics and Economic Design for Process Engineers
Author : Thane Brown
Publisher : CRC Press
Release Date : 2016-04-19
ISBN 10 : 1420008102
Pages : 368 pages
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Engineers often find themselves tasked with the difficult challenge of developing a design that is both technically and economically feasible. A sharply focused, how-to book, Engineering Economics and Economic Design for Process Engineers provides the tools and methods to resolve design and economic issues. It helps you integrate technical and economic decision making, creating more profit and growth for your organization. The book puts methods that are simple, fast, and inexpensive within easy reach. Author Thane Brown sets the stage by explaining the engineer’s role in the creation of economically feasible projects. He discusses the basic economics of projects — how they are funded, what kinds of investments they require, how revenues, expenses, profits, and risks are interrelated, and how cash flows into and out of a company. In the engineering economics section of the book, Brown covers topics such as present and future values, annuities, interest rates, inflation, and inflation indices. He details how to create order-of-magnitude and study grade estimates for the investments in a project and how to make study grade production cost estimates. Against this backdrop, Brown explores a unique scheme for producing an Economic Design. He demonstrates how using the Economic Design Model brings increased economic thinking and rigor into the early parts of design, the time in a project’s life when its cost structure is being set and when the engineer’s impact on profit is greatest. The model emphasizes three powerful new tools that help you create a comprehensive design option list. When the model is used early in a project, it can drastically lower both capital and production costs. The book’s uniquely industrial focus presents topics as they would happen in a real work situation. It shows you how to combine technical and economic decision making to create economically optimum designs and increase your impact on profit and growth, and, therefore, your importance to your organization. Using these time-tested techniques, you can design processes that cost less to build and operate, and improve your company’s profit.

Chemical Process Economics
Author : John Happel
Publisher : N.A
Release Date : 1958
ISBN 10 :
Pages : 291 pages
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Chemical Engineering Design
Author : Gavin Towler, Ph.D.,R K Sinnott
Publisher : Elsevier
Release Date : 2013
ISBN 10 : 0080966594
Pages : 1303 pages
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Part I: Process design -- Introduction to design -- Process flowsheet development -- Utilities and energy efficient design -- Process simulation -- Instrumentation and process control -- Materials of construction -- Capital cost estimating -- Estimating revenues and production costs -- Economic evaluation of projects -- Safety and loss prevention -- General site considerations -- Optimization in design -- Part II: Plant design -- Equipment selection, specification and design -- Design of pressure vessels -- Design of reactors and mixers -- Separation of fluids -- Separation columns (distillation, absorption and extraction) -- Specification and design of solids-handling equipment -- Heat transfer equipment -- Transport and storage of fluids.

Operational Safety Economics
Author : Genserik L. L. Reniers,H. R. Noel Van Erp
Publisher : John Wiley & Sons
Release Date : 2016-08-05
ISBN 10 : 1118871510
Pages : 336 pages
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Describes how to make economic decisions regading safety in the chemical and process industries Covers both technical risk assessment and economic aspects of safety decision-making Suitable for both academic researchers and practitioners in industry Addresses cost-benefit analysis for safety investments

Gas Usage & Value
Author : Duncan Seddon
Publisher : PennWell Books
Release Date : 2006
ISBN 10 : 1593700733
Pages : 328 pages
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Gas Usage and Value addresses issues concerned with the development and sale of natural gas resources. The text overviews the world's gas reserves and outlines the principal issues concerning composition and the cost of producing well head gas to make a specification product or extract particular components; operation and cost of gas plants; and the cost of transporting the gas to an end-user. Separate chapters deal with the use of gas in the downstream process industries. Gas usages for various technologies are described and alternatives are critically compared. Costs for the downstream process industries are described on a self-consistent basis that allows comparison of alternatives. Estimates are presented for each technology on the cost of production as the gas price changes. Case studies are included to illustrate variations or specific points of relevance. Reader benefits: • Provides a handbook for performing cost-benefit estimates for gas usage and for pricing gas to the downstream processor • Describes all of the principal uses of gas, the quantity and quality of gas required, descriptions of the major issues, and key players for specific technologies • Can be used as a teaching text for gas development and usage.

Costs and Economics of the Australian Process Industries
Author : Richard H. Buchanan
Publisher : N.A
Release Date : 1966
ISBN 10 :
Pages : 329 pages
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Chemical Engineering Economics
Author : D.E. Garrett
Publisher : Springer Science & Business Media
Release Date : 2012-12-06
ISBN 10 : 9401165440
Pages : 432 pages
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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

Economics of the Food Processing Industry
Author : Debdatta Saha
Publisher : Springer Nature
Release Date :
ISBN 10 : 9811385548
Pages : 329 pages
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An Introduction to Petroleum Technology, Economics, and Politics
Author : James G. Speight
Publisher : John Wiley & Sons
Release Date : 2011-09-19
ISBN 10 : 1118012992
Pages : 320 pages
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"This book describes the petroleum industry in easy-to-understand language for both the layperson and engineer alike. From the economics of searching for oil and gas, getting it out of the ground, into pipelines, into refineries, and, finally, into your gas tank, this book covers the petroleum industry like no other treatment before"--Provided by publisher.

Phosphoric Acid
Author : Rodney Gilmour
Publisher : CRC Press
Release Date : 2013-12-12
ISBN 10 : 1439895104
Pages : 354 pages
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The rise and rationalization of the industrial phosphates industry have gone hand in hand with the development and maturation of technologies to purify phosphoric acid. In the 1960s and 70s, driven by the exponential sales growth of the detergent-builder sodium tripolyphosphate, chemical producers raced to develop processes that would provide a sufficiently pure phosphoric acid feedstock for manufacture to undercut thermal phosphoric acid made from phosphorus. As environmental and political pressure led to a collapse in demand for sodium tripolyphosphate in the 1990s, the commercial pressures to rationalize at plant and corporate levels rose such that only the fittest survived. Phosphoric Acid: Purification, Uses, Technology, and Economics, the first and only book of its kind to be written on this topic, covers the development of purification technologies for phosphoric acid, especially solvent extraction, describing the more successful processes and setting this period in the historical context of the last 350 years. Individual chapters are devoted to the key derivative products which are still undergoing active development, as well as to sustainability and how to approach the commissioning of these plants. The text is aimed at students of chemistry, chemical engineering, business, and industrial history, and to new entrants to the industry.

Petroleum Economics and Engineering
Author : M.A. Al-Sahlawi
Publisher : CRC Press
Release Date : 1992-01-22
ISBN 10 : 1482277026
Pages : 452 pages
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Revised and updated to reflect major changes in the field, this second edition presents an integrated and balanced view of current attitudes and practices used in sound economic decision-making for engineering problems encountered in the oil industry. The volume contains many problem-solving examples demonstrating how economic analyses are applied to different facets of the oil industry.;Discussion progresses from an introduction to the industry, through principles and techniques of engineering economics, to the application of economic methods to the oil industry. It provides information on the types of crude oils, their finished products and resources of natural gas, and also summarizes worldwide oil production and consumption data.

Economics of Innovation: The Case of Food Industry
Author : Giovanni Galizzi,Luciano Venturini
Publisher : Springer Science & Business Media
Release Date : 2012-12-06
ISBN 10 : 3642500013
Pages : 406 pages
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Giovanni Galizzi and Luciano Venturini The food industry has been characterized by several and profound changes in its structure and competitive environment in the last decades. Although it is not a research-oriented industry, there is no arguing that technological change and particularly product innovations are crucial determinants of ftrms' performance and In recent years food manufacturers have accelerated the consumers' welfare. development of new products, by using new ingredients, processing and packaging techniques. Thus, food markets are increasingly characterized by competitive environments where relevant flows of innovative products, quality improvements and new technologies provide new consumption trends, food habits, market opportunities and ftrms' strategies. However, the issue of product innovation in the food industries has been rather neglected by economists. Few works have explicitly addressed this issue. After the pioneering book of Buzzell and Nourse (1967), one can count few contributes. Connor (1981) examined the empirical determinants of new food products introductions. Padberg and Westgren (1979) provided crucial insights about the nature of food innovation through their notions of consumer inertia, technological redundancy and incremental product innovation. Some case-studies provide useful empirical materials, but they are generally sparse.

Cogeneration Technology and Economics for the Process Industries
Author : D. J. De Renzo
Publisher : Noyes Publications
Release Date : 1983
ISBN 10 :
Pages : 395 pages
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The New Economics
Author : William Edwards Deming
Publisher : MIT Press
Release Date : 2000
ISBN 10 : 9780262541169
Pages : 247 pages
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In this book W. Edwards Deming details the system of transformation that underlies the 14 Points for Management presented in Out of the Crisis. "... competition, we see now, is destructive. It would be better if everyone would work together as a system, with the aim for everybody to win. What we need is cooperation and transformation to a new style of management." In this book W. Edwards Deming details the system of transformation that underlies the 14 Points for Management presented in Out of the Crisis. The system of profound knowledge, as it is called, consists of four parts: appreciation for a system, knowledge about variation, theory of knowledge, and psychology. Describing prevailing management style as a prison, Deming shows how a style based on cooperation rather than competition can help people develop joy in work and learning at the same time that it brings about long-term success in the market. Indicative of Deming's philosophy is his advice to abolish performance reviews on the job and grades in school. Previously published by MIT-CAES

Economics of Food Processing in the United States
Author : Chester O. McCorkle
Publisher : N.A
Release Date : 1988
ISBN 10 :
Pages : 449 pages
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