13 January 2018

ECON

 

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

ECON 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.

 

Direct and Indirect cost

 

Purchase cost and Utility cost Pie chart

 

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Computational aided tools in ICAS
  • ProPred:   The property prediction tool
  • ProCAMD:   Computer aided molecular design
  • MoT:   Modeling and simulation tool
  • SolventPro:   Solvent screening&design
  • AzeoPro:   Azeotropes solution
  • SustainPro:   Sustainability analysis
  • ECON:   Economic analysis software
  • LCSoft:   Life cycle analysis software