consider the costs involved in constructing, running and maintaining a plant for your process as well as external factors that will influence the viability of your process Process Economics Research Paper

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Here, you should consider the costs involved in constructing, running and maintaining a plant for your process as well as external factors that will influence the viability of your process. In particular, you should differentiate between short term and long term costs and consider factors that could impact upon the income generated by the process. Detailed economic calculations are not required.

Manufacturing of Ammonia ( the chosen process is Haber-Bosch)

3.11 Process Economics (1300-1500)
The chosen process is Haber?Bosch process

What should you do?
We should do Process Economics for building the Haber?Bosch process

I. Two main parts you should talk about:

1-Upfront costs (short term cost):

A. This should contain the Land of the process
The site of the process is in the UK (have to be in the UK)

B. Construction
o How much it cost for building this process (roughly)
o How many meters are used to build the process
? The storage of ammonia

C – Unit Operation Cost:

1- Desulphurization unit

2- Primary reformer (nickel based catalyst)

3- Secondary reformer

4- Carbon monoxide shift (unit) (zinc oxide based)
? High temperature Co-shift
? Low temperature Co-shift

5- Carbon Dioxide removal (MDEA: Methylenedioxyethylamphetamine)

6- Methanation (Nickel catalyst)

7- Compressor (unit)

8- Convertor (horizontal Ammonia convertor)

9- Air-cooled condenser

List of catalyst
? Iron catalyst
? Zinc oxide
? Nickel catalyst MDEA

2-Running cost (long term cost)
A. Raw materials (as a group we chose our raw materials to be Hydrogen and Nitrogen).

? The sources of raw materials are:
o Natural gas
o Air
? Catalyst:
o Zinc oxide
o Nickel
o Iron oxide

B. Maintaining of unit operation

1- Desulphurization unit

2- Primary reformer (nickel based catalyst)

3- Secondary reformer (https://www.jmcatalysts.com/ptd/site.asp?siteid=496&pageid=533 )

4- Carbon monoxide shift (unit) (zinc oxide based)
? High temperature Co-shift
? Low temperature Co-shift

5- Carbon Dioxide removal (MDEA: Methylenedioxyethylamphetamine)

6- Methanation (Nickel catalyst)

7- Compressor (unit)

8- Convertor (horizontal Ammonia convertor)

9- Air-cooled condenser

List of catalyst
? Iron catalyst
? Zinc oxide
? Nickel catalyst MDEA

C. Disposal (waste):
? Recycling

D. Distribution items

E. Transportation:
? Transportation of the raw materials (cost)
? Distribution (exporting)

In the end: you should know as an economist monitor the prices and costs so it dose not EXCEED the income to prevent a loss in business

Please read the Task (the sub-components 3.11 about Process Economics)

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