economics
economics
1) DESIGN ENGINEER : Chemical engineer will be making economic evaluations of new processes,
designing individual pieces of equipment for the proposed new venture, or developing a plant layout
for coordination of the overall operation. Because of these many design duties, the chemical
engineer is many times referred to here as a design engineer.
2) COST ENGINEER : On the other hand, a chemical engineer specializing in the economic aspects of
the design is often referred to as a cost engineer.
3) PROCESS ENGINEER : The term process engineering is used in connection with economic
evaluation and general economic analyses of industrial processes, while process design refers to
the actual design of the equipment and facilities necessary for carrying out the process.
4) PROCESS DESIGN DEVELOPMENT:
First inception of the basic idea.
Then process-research phase including preliminary market surveys, laboratory-scale experiments,
and production of research samples.
Development phase: At this point, a pilot plant or a commercialdevelopment plant may be
constructed. A pilot plant is a small-scale replica of the full-scale final plant, while a commercial-
development plant is usually made from odd pieces of equipment which are already available and
is not meant to duplicate the exact setup to be used in the full-scale plant.
Capital-cost estimates for the proposed plant are made. Probable returns on the required
investment are determined, and a complete cost-and-profit analysis of the process is developed.