Chapter 9 Engineering Economic Analysis
The goal of any manufacturing company is to make money. This is realized by producing products with a high market value from raw materials with a low market value. The companies in the chemical process industry produce high-value chemicals from low-value raw materials.
In the previous chapters, a process flow diagram (Chapter 1), an estimate of the capital cost (Chapter 7), and an estimate of operating costs (Chapter 8) were provided for the production of benzene. From this material, an economic evaluation can be carried out to determine
1. Whether the process generates money
2. Whether the process is attractive compared with other processes (such as those for the production of ethylbenzene, ethylene ...
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