Profit Maximization Techniques for Operating Chemical Plants

Profit Maximization Techniques for Operating Chemical Plants PDF Author: Sandip K. Lahiri
Publisher: John Wiley & Sons
ISBN: 1119532159
Category : Technology & Engineering
Languages : en
Pages : 411

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Book Description
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.

Profit Maximization Techniques for Operating Chemical Plants

Profit Maximization Techniques for Operating Chemical Plants PDF Author: Sandip K. Lahiri
Publisher: John Wiley & Sons
ISBN: 1119532159
Category : Technology & Engineering
Languages : en
Pages : 411

Get Book Here

Book Description
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.

Profit Maximization Techniques for Operating Chemical Plants

Profit Maximization Techniques for Operating Chemical Plants PDF Author: Sandip K. Lahiri
Publisher: John Wiley & Sons
ISBN: 1119532213
Category : Technology & Engineering
Languages : en
Pages : 415

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Book Description
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 PDF Author: Satyajit Chakrabarti
Publisher: CRC Press
ISBN: 100053300X
Category : Technology & Engineering
Languages : en
Pages : 688

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Book Description
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.

Digitalization and Analytics for Smart Plant Performance

Digitalization and Analytics for Smart Plant Performance PDF Author: Frank (Xin X.) Zhu
Publisher: John Wiley & Sons
ISBN: 1119634113
Category : Technology & Engineering
Languages : en
Pages : 544

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Book Description
This book addresses the topic of integrated digitization of plants on an objective basis and in a holistic manner by sharing data, applying analytics tools and integrating workflows via pertinent examples from industry. It begins with an evaluation of current performance management practices and an overview of the need for a "Connected Plant" via digitalization followed by sections on "Connected Assets: Improve Reliability and Utilization," "Connected Processes: Optimize Performance and Economic Margin " and "Connected People: Digitalizing the Workforce and Workflows and Developing Ownership and Digital Culture," then culminating in a final section entitled "Putting All Together Into an Intelligent Digital Twin Platform for Smart Operations and Demonstrated by Application cases."

Model Based Control

Model Based Control PDF Author: Paul Serban Agachi
Publisher: John Wiley & Sons
ISBN: 3527609229
Category : Technology & Engineering
Languages : en
Pages : 290

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Book Description
Filling a gap in the literature for a practical approach to the topic, this book is unique in including a whole section of case studies presenting a wide range of applications from polymerization reactors and bioreactors, to distillation column and complex fluid catalytic cracking units. A section of general tuning guidelines of MPC is also present.These thus aid readers in facilitating the implementation of MPC in process engineering and automation. At the same time many theoretical, computational and implementation aspects of model-based control are explained, with a look at both linear and nonlinear model predictive control. Each chapter presents details related to the modeling of the process as well as the implementation of different model-based control approaches, and there is also a discussion of both the dynamic behaviour and the economics of industrial processes and plants. The book is unique in the broad coverage of different model based control strategies and in the variety of applications presented. A special merit of the book is in the included library of dynamic models of several industrially relevant processes, which can be used by both the industrial and academic community to study and implement advanced control strategies.

Managing Chemical RisksCorporate Response to Sara

Managing Chemical RisksCorporate Response to Sara PDF Author: Michael S. Baram
Publisher: CRC Press
ISBN: 9780873717250
Category : Science
Languages : en
Pages : 280

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Book Description
SARA Title III is a legislative attempt to lower the risk of chemical manufacturing and use to the public. These regulations have been in place now for over four years and this valuable new book represents a series of studies that explores the environmental management behavior of industrial corporations. The book features excellent case studies that will serve as important reference material for environmental managers, health and safety officials, regulators, consultants, and environmental attorneys.

Multivariable Predictive Control

Multivariable Predictive Control PDF Author: Sandip K. Lahiri
Publisher: John Wiley & Sons
ISBN: 1119243513
Category : Technology & Engineering
Languages : en
Pages : 305

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Book Description
A guide to all practical aspects of building, implementing, managing, and maintaining MPC applications in industrial plants Multivariable Predictive Control: Applications in Industry provides engineers with a thorough understanding of all practical aspects of multivariate predictive control (MPC) applications, as well as expert guidance on how to derive maximum benefit from those systems. Short on theory and long on step-by-step information, it covers everything plant process engineers and control engineers need to know about building, deploying, and managing MPC applications in their companies. MPC has more than proven itself to be one the most important tools for optimising plant operations on an ongoing basis. Companies, worldwide, across a range of industries are successfully using MPC systems to optimise materials and utility consumption, reduce waste, minimise pollution, and maximise production. Unfortunately, due in part to the lack of practical references, plant engineers are often at a loss as to how to manage and maintain MPC systems once the applications have been installed and the consultants and vendors’ reps have left the plant. Written by a chemical engineer with two decades of experience in operations and technical services at petrochemical companies, this book fills that regrettable gap in the professional literature. Provides a cost-benefit analysis of typical MPC projects and reviews commercially available MPC software packages Details software implementation steps, as well as techniques for successfully evaluating and monitoring software performance once it has been installed Features case studies and real-world examples from industries, worldwide, illustrating the advantages and common pitfalls of MPC systems Describes MPC application failures in an array of companies, exposes the root causes of those failures, and offers proven safeguards and corrective measures for avoiding similar failures Multivariable Predictive Control: Applications in Industry is an indispensable resource for plant process engineers and control engineers working in chemical plants, petrochemical companies, and oil refineries in which MPC systems already are operational, or where MPC implementations are being considering.

Model Based Process Control

Model Based Process Control PDF Author: T.J. McAvoy
Publisher: Elsevier
ISBN: 148329823X
Category : Computers
Languages : en
Pages : 166

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Book Description
Presented at this workshop were mathematical models upon which process control is based and the practical applications of this method of control within industry; case studies include examples from the paper and pulp industry, materials industry and the chemical industry, among others. From these presentations emerged a need for further research and development into process control. Containing 19 papers these Proceedings will be a valuable reference work for all those involved in the designing of continuous production processes for industry and for the end user involved in the practical application of process control within their manufacturing process.

Adoption of Cost and Management Accounting Techniques. Survey Study on Selected Manufacturing Firms In and Around Addis Ababa, Ethiopia

Adoption of Cost and Management Accounting Techniques. Survey Study on Selected Manufacturing Firms In and Around Addis Ababa, Ethiopia PDF Author: Mohammed Abdulselam
Publisher: GRIN Verlag
ISBN: 3346397378
Category : Business & Economics
Languages : en
Pages : 103

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Book Description
Master's Thesis from the year 2017 in the subject Business economics - Accounting and Taxes, grade: 4, , course: Cost and Accounting, language: English, abstract: This study attempts to investigate the degree of Adoption of cost and management accounting techniques in Selected Manufacturing companies in and around Addis Ababa, Ethiopia. Further, factors affecting the adoption of those techniques were examined. Finally, the perceived effect of adopting these techniques on the company’s operating efficiency and financial performance were evaluated. In doing so, Descriptive and explanatory research design were used for achieving multi-dimensional objectives of this study. Simple Proportional Allocation stratified sampling Technique was employed for determining the sample size from each stratum of manufacturing firms. Total sample of 91 manufacturing firms in and around Addis Ababa were included in this study & structured survey Questionnaires were distributed to each of them. Consequently, 65 usable Questionnaires were collected back and used for analysis and discussion of results. The finding of this study revealed that, currently selected Ethiopian manufacturing firms in study area are gradually adopting cost and management accounting techniques. In today’s competitive world of business, having accurate information is the key factor in distinguishing between the loser and the winner. Cost and management accounting embraces a range of techniques essential to all phases of product life cycle from providing reliable information for strategic decision making to managing construction and maintenance of costs.

The Formation of Pioneer Plant Projects in Chemical Processing Firms

The Formation of Pioneer Plant Projects in Chemical Processing Firms PDF Author: Susan J. Bodilly
Publisher:
ISBN:
Category : Chemical industry
Languages : en
Pages : 72

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Book Description