Purchase Costs of the Most Widely Used Process Equipment

For a grass-roots plant, an additional 25% of Cjbm i added for site development and buildings. This amounts to 2,550,000, giving a total capital investment of 16,830,000.  

16JS PURCHASE COSTS OF THE MOST WHiELY USED PROCESS EQUH MENT 

Batman, H.C. Fundamentals of Cost Engineering in the Chemical Industry, MS = 237.3 

Guthrie, K.M. Process Plant Estimating Evaluation and Control, Craftsman Book (1974) MS = 303.3 

Financial Decision Making in the Process Industry, Prentice-Hall (1975) MS = 300 

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Purchase Costs of the Most Widely Used Process Equipment 505... 

A more detailed development of Lang factors, based on an analysis of 156 capital-cost estimates, was published by the editors of Chemical Engineering magazine in the September 30, 1963 issue on pages 120 and 122, as Cost File 81. A further refinement, carried out by Peters and Timmerhaus (1968), resulted in the most widely accepted values of the Lang factor, which are included in Table 16.16 and are the factors recommended here for use in Eqs. (16.9) and (16.10). The detailed breakdown of costs by Peters and Timmerhaus is given in Table 16.17, which assumes that major plant additions are made to an existing site, but that additional land is purchased. The numbers in the table are based on a value of 100 for the total delivered cost of the process equipment. Here, the delivered cost is estimated as 1.05 times the... 

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