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Cost Analysis of Storage and Equipment

The document contains 4 paragraphs describing different industrial processes and equipment. The first paragraph describes how the dimensions of a cylindrical storage tank can be derived to minimize capital costs. The second paragraph provides details about installing new equipment, including a reactor, heat exchanger and pump, and estimates the total project cost. The third paragraph describes generating high-pressure and low-pressure steam and estimates the costs. The fourth paragraph provides specifications for a refrigerated distillation condenser to estimate refrigeration power requirements.
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0% found this document useful (0 votes)
29 views3 pages

Cost Analysis of Storage and Equipment

The document contains 4 paragraphs describing different industrial processes and equipment. The first paragraph describes how the dimensions of a cylindrical storage tank can be derived to minimize capital costs. The second paragraph provides details about installing new equipment, including a reactor, heat exchanger and pump, and estimates the total project cost. The third paragraph describes generating high-pressure and low-pressure steam and estimates the costs. The fourth paragraph provides specifications for a refrigerated distillation condenser to estimate refrigeration power requirements.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPTX, PDF, TXT or read online on Scribd

The cost of a closed atmospheric cylindrical storage vessels can be considered to be proportional to the mass of steel required.

Derive a simple expression for the dimensions of such a storage tank to give minimum capital cost. Assume the top and
bottom are both flat.

A new agitated reactor with new external shell-and-tube heat exchanger and new centrifugal pump are to be installed in an
existing facility. The agitated reactor is to be glasslined, which can be assumed to have an equipment cost of three times the
cost of a carbon steel vessel. The heat exchanger, pump and associated piping are all high-grade stainless steel. The
equipment is rated for moderate pressure. The reactor has a volume of 9 m 3, the heat exchanger an area of 50 m2 and the
pump has a power of 5 KW. No significant investment is required in utilities, off-sites, buildings, site preparation or working
capital. Using Equation 2.1 and Table 2.1 (extrapolating beyond the range of the correlation if necessary), estimate the cost of
the project (CE Index of Equipment = 441.9).

Steam is distributed on a site via a high-pressure and low-pressure steam mains. The high-pressure mains is at 40 bar and
350°C. The low-pressure mains is at 4 bar. The high-pressure steam is generated in boilers. The overall efficiency of steam
generation and distribution is 75%. The low-pressure steam is generated by expanding the high-pressure stream through steam
turbines with an isentropic efficiency of 80%. The cost of fuel in the boilers is 3.5 $ ・ GJ−1, and the cost of electricity is
$0.05 KW−1 ・ h−1. The boiler feedwater is available at 100◦C with a heat capacity of 4.2 kJ ・ kg−1 ・ K−1. Estimate the cost
of the high-pressure and low-pressure steam.
A refrigerated distillation condenser has a cooling duty of 0.75 MW. The condensing stream has a temperature of −10◦C.
The heat from a refrigeration circuit can be rejected to cooling water at a temperature of 30◦C. Assuming a temperature
difference in the distillation condenser of 5◦C and a temperature difference for heat rejection from refrigeration to cooling
water of 10◦C, estimate the power requirements for the refrigeration.

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