Furthermore, the net present value of the plant is increased dramatically, post-optimization. By manipulating operating conditions and equipment sizing, the entire plant is simplified and the ethylbenzene production process becomes more efficient than the original process. After the investigation, we conclude that reaction section, cooling section, recycle, and separating section can be optimized in order to keep the plant working in a highly efficient and effective manner. Even though any plant in the real world cannot be perfect, our result is a good starting point for more comprehensive and precise design. The team used simulating software PRO/-II to investigate various changes applied, and used CAPCOST for economic estimation. This report focuses on demonstrating rationales of setting certain operating conditions, showcasing the details of optimization, and elucidating the reasons behind applying these modifications. An optimization plan is recommended by our team in order to maximize the net present value (NPV) of the plant. software and Aspen Process Economic Analyzer is that, unlike CAPCOST. In a previous study about an ethylbenzene facility, our team scrutinize two proposed changes. Chemical process simulators are software tools developed to mimic the behavior. Įconomics of a chemical plant depend on multiple factors: grade of a feed, types of catalyst, operating temperature and pressure, cost of equipment, and many other factors could have influences on economics of the plant. Restricted to Repository staff only until. Optimization of a Chemical Production Facility: A study of operating conditions, equipment sizing, and economics of an ethylbenzene production plant.
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