Process Industry Economics

Principles, Concepts and Applications

By: David Brennan

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Paperback | 16 May 2020 | Edition Number 2

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302 Pages

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23.5 x 19.05 x 1.6

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Process Industry Economics: Principles, Concepts and Applications, Second Edition, explores the fundamentals of market evaluation, capital and operating cost estimation, and profitability evaluation, along with their implications for process technology evaluation, project development and investment decisions. Sections cover time dependent technology evolution in process plants, including scale development, performance improvement in new and operating plants, and learning related to environmental, safety and sustainability assessments. Influences on capital investment decisions, including capacity planning and environmental considerations are explored and supported by case studies. Finally, the aspects of overall industry performance and drivers are discussed.

Outlines the basic principles of economic evaluation
Identifies the roles of engineering, scientific, commercial and management personnel in contributing to economic evaluation
Explores the interaction of economics with safety, environmental and sustainability criteria in project evaluation

Industry Reviews

"The book offers a solid foundation in process economic analysis as well as insight into decision-making in process industries. It is a strong guide with relevant, general principles that stand the test of time." --ChE Book Review "This new edition explores the fundamentals of market evaluation, capital and operating cost estimation, and profitability evaluation, along with their implications for process technology evaluation, project development, and investment decisions. Sections cover time-dependent technology evolution in process plants, including scale development, performance improvement in new and operating plants, and learning related to environmental, safety, and sustainability assessments. Influences on capital investment decisions, including capacity planning and environmental considerations, are explored and supported by case studies. Finally, the aspects of overall industry performance and drivers are discussed." --ICP

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