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Profit Maximization Techniques for Operating Chemical Plants

Profit Maximization Techniques for Operating Chemical Plants
Author: Sandip K. Lahiri
Publisher: John Wiley & Sons
Total Pages: 411
Release: 2020-07-13
Genre: Technology & Engineering
ISBN: 1119532159

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A systematic approach to profit optimization utilizing strategic solutions and methodologies for the chemical process industry In the ongoing battle to reduce the cost of production and increase profit margin within the chemical process industry, leaders are searching for new ways to deploy profit optimization strategies. Profit Maximization Techniques For Operating Chemical Plants defines strategic planning and implementation techniques for managers, senior executives, and technical service consultants to help increase profit margins. The book provides in-depth insight and practical tools to help readers find new and unique opportunities to implement profit optimization strategies. From identifying where the large profit improvement projects are to increasing plant capacity and pushing plant operations towards multiple constraints while maintaining continuous improvements—there is a plethora of information to help keep plant operations on budget. The book also includes information on: ● Take away methods and techniques for identifying and exploiting potential areas to improve profit within the plant ● Focus on latest Artificial Intelligence based modeling, knowledge discovery and optimization strategies to maximize profit in running plant. ● Describes procedure to develop advance process monitoring and fault diagnosis in running plant ● Thoughts on engineering design , best practices and monitoring to sustain profit improvements ● Step-by-step guides to identifying, building, and deploying improvement applications For leaders and technologists in the industry who want to maximize profit margins, this text provides basic concepts, guidelines, and step-by-step guides specifically for the chemical plant sector.


Interdisciplinary Research in Technology and Management

Interdisciplinary Research in Technology and Management
Author: Satyajit Chakrabarti
Publisher: CRC Press
Total Pages: 688
Release: 2021-09-14
Genre: Technology & Engineering
ISBN: 100053300X

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The conference on ‘Interdisciplinary Research in Technology and Management” was a bold experiment in deviating from the traditional approach of conferences which focus on a specific topic or theme. By attempting to bring diverse inter-related topics on a common platform, the conference has sought to answer a long felt need and give a fillip to interdisciplinary research not only within the technology domain but across domains in the management field as well. The spectrum of topics covered in the research papers is too wide to be singled out for specific mention but it is noteworthy that these papers addressed many important and relevant concerns of the day.


Synthesis, Design, and Resource Optimization in Batch Chemical Plants

Synthesis, Design, and Resource Optimization in Batch Chemical Plants
Author: Thokozani Majozi
Publisher: CRC Press
Total Pages: 450
Release: 2015-03-04
Genre: Science
ISBN: 1482252422

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The manner in which time is captured forms the foundation for synthesis, design, and optimization in batch chemical plants. However, there are still serious challenges with handling time in batch plants. Most techniques tend to assume either a fixed time dimension or adopt time average models to tame the time dimension, thereby simplifying the resu


Chemical Plant and Its Operation

Chemical Plant and Its Operation
Author: T. M. Cook
Publisher: Elsevier
Total Pages: 185
Release: 2014-05-19
Genre: Science
ISBN: 1483182126

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Chemical Plant and Its Operation (Including Safety and Health Aspects), Second SI Edition describes chemical plant operations from a practical standpoint. This book is divided into eight chapters. Chapter 1 describes the materials used in the construction of a chemical plant. The second chapter explains the storage and conveyance of solids, liquids, and gases from raw materials to finished products. Chapter 3 reviews the common items of equipment that form a complete working unit of a plant. The three classifications of chemical operations—techniques of operation, specialized operations, and unit operations are described in Chapter 4. Chapter 5 discusses the measurement of variable quantities, while Chapter 6 focuses on the maintenance of a chemical plant. The last chapters deal with the services and safety aspects of chemical operations. This edition is designed to meet the needs of chemical operatives who are preparing for the examinations for the ordinary and advanced certificates in chemical plant operation, including those taking chemical technician courses.


Essentials of Optimization for Chemical Engineering

Essentials of Optimization for Chemical Engineering
Author: Ralph W. Pike
Publisher: Primedia Elaunch LLC
Total Pages: 450
Release: 2019-04-30
Genre:
ISBN: 9781645700968

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Multiple levels of optimization include optimal scheduling corporate headquarters to distribute raw materials among the company's plants to maximize profits in producing, transporting, and marketing products to consumers worldwide. Optimal scheduling of individual plants to set operating conditions to produce required products from allocated raw materials for a maximum net profit or minimum cost of operations. The best schedule is determined for steady-state daily or weekly average flow rates for the plant. Finally, there is on-line optimization of process operations to determine the set-points for the distributed control system of the individual process units in the plant which give the best operating conditions while producing the specified quality and quantity of products. On-line optimization maintains the plant control system operating the plant under optimal conditions.