A Simultaneous Approach to Process Optimization: Process Simulation, Capital Cost Estimation, and 3D Layout Design
- Volkan Topaloglu
- Ozgur Hunce
- Didem Tumuk
- Cemre Avsar
- Ahmet Ozan Gezerman
Abstract
One of the most important items in feasibility reports used in investment decisions of industrial facilities is to make capital cost estimates. The most reliable way of making this cost estimate used in investment decisions directly affects investment decisions and is vital for the future of companies. Therefore, cost estimates are a more strategic step in large-scale facilities. In this study, Advanced System for Process Engineering (ASPEN) software was used to design the process in 3D and for process optimization, examples were given for "Sour Water Stripping" and "Gas Dehydration-Regeneration" and for cost estimation, the classification of "Association for the Advancement of Cost Engineering" was studied. During the 3D design for both processes, the relationships between parameters such as "Water to Saturate Mass Flow" and "Sales Gas Compression Mass Flow" were examined and the results obtained were exemplified.
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- DOI:10.5539/mas.v20n1p30
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