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Equipment cost estimation design pressure

Flow sheets of the chemical plant were prepared with a pre-design of the main equipment. For the capital cost assessment, the factored estimate has been chosen because it considers characteristics of the process corrosive products, high temperature (up to 850°C for Section II) and high pressure (up to 50 bar for the helium coolant). The factored method is essentially based upon charts and formulas developed over 30 years in the petroleum and chemical industries in France (Chauvel, 2000). It consists of estimating costs of basic equipment (generally carbon steel) and correcting them for materials factors. [Pg.218]


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