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Computer-aided tool for economic analysis

ECON performs cost calculations and economic analysis of a process using a collection of published cost models. The input is the stream summary from a process simulator plus the sizing parameters of the unit operations used. ECON has its own database of location-dependent cost parameters, that can be changed or augmented by the user.


This software consists of 3 groups with 7 sections as shown below. For Add database, all of the information on Raw material and Product Price and production rate, and Equipment and Utility will be added. For the ECON calculation, Capital Investment, Operation Cost, and Economic analysis will be analyzed. Lastly, a Case study will allow users to do the sensitivity analysis and compare the economic changes.

Sections of ECON software

Add Database Group
  • Raw Material and Product
    • Price of chemical ($/kg)
    • Production rate (kg/yr)
  • Equipment and Utilities
    • Size and Material of equipment
    • Hot and Cold Utility duty
ECON Calculation Group
  • Capital Investment
    • Direct Cost
    • Indirect Cost
  • Operation Cost
    • Labor, Cost, Research and Development
  • Economic Analysis
    • Cumulative cash flow
    • Pie graph of purchase equipment and utility cost
Case Study Group
  • Sensitivity Analysis
    • Parameter VS Net present value
  • Alternative Case
    • Comparison case studies

Direct and Indirect cost

Purchase cost and Utility Cost Pie Chart

Interested in our software? Please contact us for more information.