Chemical Plant Design and Process Economics

Launching a new chemical or process facility requires a delicate balance between engineering feasibility and financial viability. This comprehensive text-based course guides you through the fundamental principles of process design, equipment selection, and economic evaluation. You will transition from understanding basic chemical formulas to analyzing complete plant flowsheets, estimating capital and operating costs, and determining the profitability of industrial projects. What you'll learn: - Understand foundational principles of process flowsheet development and equipment selection. - Estimate capital investment costs, operating expenses, and overall project profitability. - Apply time-value-of-money concepts, depreciation methods, and profitability criteria to engineering decisions. - Analyze plant optimization techniques to balance energy efficiency with capital costs. - Evaluate modern sustainability metrics, including carbon accounting and life cycle assessment basics. - Identify safety, environmental, and regulatory factors critical to modern plant design. The course begins with core terminology and process design concepts before moving into detailed economic analysis and cost estimation. You will then explore optimization strategies and modern sustainability considerations through written case studies and practical exercises. This course is designed for engineering students, junior process engineers, and technical professionals looking to master the financial aspects of industrial design, with no prior economics experience required. Start building your foundational knowledge of industrial plant design and economics today.