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To help you optimize your chemical process, use this spreadsheet to calculate the Net Present Value of your various
plant configurations. Simply click into each sheet and complete the cells that are:
Yellow
You'll find advice along the way in that some values that you may not be sure of are already set.
I've included the utility costs the algorithms that appear in the following two references:
1. "Analysis, Synthesis, and Design of Chemical Processes", Turton, Richard, et al, Prentice Hall, 1998
2. "A Guide to Chemical Engineering Process Design and Economics", Ulrich, G.D., Wiley, 1984
Be sure to note the economic assumptions made on the "Summary Page". If you're looking for a true economic
value, these values (along with the utility costs) will have to be updated for your current region or situation.
If you are simply evaluating different processes or optimizing, as long as the same values are used for each, this
spreadsheet will function quite nicely, although the true Net Present Value may not be accurate.
Finally, all dollar amounts are reported in US dollars.
$993,028
$7,515,317
$95,624
$136,988
$37,576
$32,120
$302,252
$277,250
$2,756,200
$9,220,222
$21,419
$4,800
$4,000
$129,576
$2,819,369
$638,051
$2,581,764
$0
Name
Installed Cost
Total
$27,565,556
Fixed Capital Investment
Multiplier=
1.5 (Default is 1.5)
FCI
$41,348,334
Operating Labor
Scroll Down
Equipment
Name
Installed Cost
C-301 A/B
R-301 (F)
P-301 A/B
P-302 A/B
P-303 A/B
P-304 A/B
E-301
E-302
E-303
E-304
E-305
FIC's
LIC's
V-301
T-301
T-302
T-303
X-301
0
0
0
0
0
Name
$993,028
$7,515,317
$95,624
$136,988
$37,576
$32,120
$302,252
$277,250
$2,756,200
$9,220,222
$21,419
$4,800
$4,000
$129,576
$2,819,369
$638,051
$2,581,764
$0
$0
$0
$0
$0
$0
Installed Cost
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$46,000 US
Now based on the equipment list that you have above, enter the total number of each type of unit in the space below.
You may not have auxiliary equipment in your list, but you should enter the number of pieces below.
For example, if you have 6 heat exchangers in your equipment list, you should enter "6" under "heat exchangers".
Also, if you have heat exchangers with cooling water in them, you'll probably have at least one cooling tower as well.
Equipment
Auxiliary Facilities
Air Plants
Boilers
Chimneys and Stacks
Cooling Towers
Water Demineralizers
Electric Generation Plants
Portable Generation Plants
Electric Substations
Incinerators
Mechanical Refrigeration Units
Waste Water Treatment Plants
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Equipment
Auxiliary Facilities
Air Plants
Boilers
Chimneys and Stacks
Cooling Towers
Water Demineralizers
Electric Generation Plants
Portable Generation Plants
Electric Substations
Incinerators
Mechanical Refrigeration Units
Waste Water Treatment Plants
Water Treatment Plants
Process Equipment
Evaporators
Vaporizers
Furnaces
Fans
Blowers and Compressors
Heat Exchangers
Towers
Vessels
Pumps
Reactors
0
$0
Utilities
Scroll Right
Utility costs vary widely from region to region, you can change these values as you see fit
Utility
Air Supply
Electrical Substation
Fuels
Refrigeration
Waste Disposal
Waste Water Treatment
Description
Pressurized and Dried
a. Process
b. Instrument
Process Steam: Latent Heat
a. Low Pressure (5 barg, 160 0C)
b. Medium Pressure (10 barg, 184 0C)
c. High Pressure (41 barg, 254 0C)
Process Cooling Water
30 0C to 40-45 0C
High purity water for
a. Process Use
b. Boiler Feed Water
c. Potable (drinking)
d. Deionized Water
Electric Distribution
110V, 220V, 440V
a. Fuel Oil (no. 2)
b. Natural Gas
c. Coal (FOB mine mouth)
a. Moderately Low Temp: 5 0C
b. Low Temp: -20 0C
c. Very Low Temp: -50 0C
a. Moderately High Temp: to 330 0C
b. High Temp: to 400 0C
c. Very High Temp: to 600 0C
a. Non-Hazardous
b. Hazardous
a. Primary
(filtration)
b. Secondary
(filtration + activated sludge)
c. Tertiary
(filtration, activated sludge, chem proc)
Cost $/GJ
$3.17
$3.66
$5.09
$6.62
$7.31
$8.65
$6.70
$0.04
$2.54
$0.26
$1.00
$16.80
$4.00
$2.50
$1.20
$20.00
$32.00
$60.00
$4.90
$5.20
$5.90
$0.06
$170.00
$0.09
$31.00
Process cooling duty
Process cooling duty
Process cooling duty
Process heating duty
Process heating duty
Process heating duty
$36.00
$145.00
$39.00
$41.00
$53.00
Scroll Down
per kWh
per m3
per std m3
**Based on lower heating value
per metric tonne
C-301 A/B
R-301 (F)
P-301 A/B
P-302 A/B
P-303 A/B
P-304 A/B
E-301
E-302
E-303
E-304
E-305
FIC's
LIC's
V-301
T-301
T-302
T-303
X-301
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
$0.00
Raw Material
LPS
Propylene
De. Water
Annual Cost
$945,000.00
$18,344,000.00
$20,304.00
Enter any profits. These should consists of your main, salable reaction products as well as any generated utilities
that can be sold. Low pressure steam, for example, can be generated in heat exchangers and sold to other facilities.
Or condensed steam can be credited as boiler feed water at times
Profit Material
Acrylic Acid
Acetic Acid
Boiler Feed Water
Annual Profit
$96,053,000.00
$24,345,000.00
$6,235,000.00
aw materials.
$19,309,304.00
nual Profits =
$126,633,000.00
Table A.3 (cont): Economic Analysis of a Topological Optimization with X-301 exluded and the Cooling Loop included
Operating Labor
$27,565,556
FCI
Col =
$0
Cut=
$0
$41,348,334
Utilities
Raw Materials
Crm=
$19,309,304
$126,633,000
Financial Outlook
COM=
Year
0
1
2
3
4
5
6
7
8
9
10
11
Discount rate=
0.08
Cumulative
Discounted
($20,674,167)
($39,816,914)
$12,113,624
$60,932,706
$104,293,156
$144,215,986
$180,657,324
$214,070,268
$245,008,179
$273,654,392
$300,178,664
$327,398,214
Table A.3 (cont): Economic Analysis of a Topological Optimization with X-301 exluded and the Cooling Loop included
NPV= $327,398,214
(Net Present Value)
Table A.3 (cont): Economic Analysis of a Topological Optimization with X-301 exluded and the Cooling Loop included
sheet
wo years
hanged
can be
ue"
Table A.3 (cont): Economic Analysis of a Topological Optimization with X-301 exluded and the Cooling Loop included