Sandip K. Lahiri - Profit Maximization Techniques for Operating Chemical Plants

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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.
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.

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21 17 150 Ways and Best Practices to Improve Profit in Running Chemical Plant17.1 Best Practices Followed in Leading Process Industries Around the World 17.2 Best Practices Followed in a Steam and Condensate System 17.3 Best Practices Followed in Furnaces and Boilers 17.4 Best Practices Followed in Pumps, Fans, and Compressor 17.5 Best Practices Followed in Illumination Optimization 17.6 Best Practices in Operational Improvement 17.7 Best Practices Followed in Air and Nitrogen Header 17.8 Best Practices Followed in Cooling Tower and Cooling Water 17.9 Best Practices Followed in Water Conservation 17.10 Best Practices Followed in Distillation Column and Heat Exchanger 17.11 Best Practices in Process Improvement 17.12 Best Practices in Flare Gas Reduction 17.13 Best Practices in Product or Energy Loss Reduction 17.14 Best Practices to Monitor Process Control System Performance 17.15 Best Practices to Enhance Plant Reliability 17.16 Best Practices to Enhance Human Resource 17.17 Best Practices to Enhance Safety, Health, and the Environment 17.18 Best Practices to Use New Generation Digital Technology 17.19 Best Practices to Focus a Detailed Study and R&D Effort

22 Index

23 End User License Agreement

List of Tables

1 Chapter 2 Table 2.1 Comparisons between smart and conventional chemical industries

2 Chapter 4 Table 4.1 Representing the whole plant as a black box with consumption and co... Table 4.2 Summary of profit margin and cost intensity

3 Chapter 6Table 6.1 Table to calculate production cost, cost intensity, profit, and pro...Table 6.2 Table to relate production cost, cost intensity, with key parameter...Table 6.3 Plant reliability assessmentTable 6.4 Typical performance of control loops in industry

4 Chapter 7Table 7.1 Input and output variables for the ANN model

5 Chapter 8Table 8.1 Initial Population of x 1and x 2and Their FitnessTable 8.2 Mutation and CrossoverTable 8.3 New Generation PopulationsTable 8.4 Optimum Value of Input Variables Corresponding to the Maximum Value...

6 Chapter 9Table 9.1 Performance Parameter for Major Process Equipment

7 Chapter 10Table 10.1 Input Parameters of a PCA‐based EO Reactor ModelTable 10.2 Input and output parameters of an ANN‐based EO reactor modelTable 10.3 Prediction performance of an ANN modelTable 10.4 Comparison of PCA and ANN input data

8 Chapter 11Table 11.1 Conditions of the Most Constrained TrayTable 11.2 Tower and Plate Dimensions

9 Chapter 12Table 12.1 Simulation results (Lahiri et al., 2016)Table 12.2 Simulation results for different feed tray locations (Lahiri et al...Table 12.3 Optimization variables with their upper and lower limits (Lahiri, ...Table 12.4 Different constraints and their limits (Lahiri, 2014, Lahiri et al...Table 12.5 Optimal column geometry using improved PSACO methods (Lahiri et al...Table 12.6 Value of constraints corresponding to the optimum solution (Lahiri...

10 Chapter 13Table 13.1 Examples of primitives used in GP functions and terminal setsTable 13.2 Best model generated by the GP algorithm and corresponding RMS err...Table 13.3 Best model generated by the GP algorithm and the corresponding RMS...

11 Chapter 15Table 15.1 List of Process Coolers (Water Cooler and Fin Fan Air Cooler) alon...Table 15.2 Calculation of Money LossTable 15.3 Table to Estimate the Money Lost from an Entire Plant Due to the D...Table 15.4 Table to Estimate the Money Lost from an Entire Plant Due to Vent ...

12 Chapter 16Table 16.1 Typical benefits of APC implementation in refinery

List of Illustrations

1 Chapter 1 Figure 1.1 Various constraints or limits of chemical processes Figure 1.2 Optimum operating point versus operator comfort zone

2 Chapter 2 Figure 2.1 Developing stages of the chemical industry Figure 2.2 Three major ways digital transformation will impact the chemical ... Figure 2.3 Three major impact areas where advance analytic tools will help t... Figure 2.4 Different components of the insights value chain Figure 2.5 Overview of the insights value chain upstream processes (A–B) and... Figure 2.6 Data science is an iterative process that leverages both human do...

3 Chapter 3 Figure 3.1 Different steps in profit maximization project (PMP) implementati...

4 Chapter 4 Figure 4.1 Different ways to maximize the operating profit of chemical plant... Figure 4.2 Schematic diagram of a glycol plant Figure 4.3 Steps to map the whole plant in monetary terms and to gain insigh... Figure 4.4 Representing the whole plant as a black box Figure 4.5 Mapping the whole plant in monetary terms Figure 4.6 Break‐up of the total cost of production Figure 4.7 Cost of raw material Figure 4.8 Cost of different utilities (USD/h) Figure 4.9 Cost of different chemicals (USD/h) Figure 4.10 Variations of profit margin (USD/h) throughout the yearFigure 4.11 Variations of profit margin (USD/MT of product) throughout the y...Figure 4.12 Variations of production cost (USD/MT) throughout the yearFigure 4.13 Variations of MEG production (MT/h) throughout the year

5 Chapter 5Figure 5.1 Five‐step process of a key parameter identificationFigure 5.2 Queries normally asked to perform a process analysis and economic...Figure 5.3 Major six categories of limitations in a plant to increase profit...Figure 5.4 Some examples of process limitationsFigure 5.5 Some examples of equipment limitationsFigure 5.6 Examples of instrument limitationsFigure 5.7 Guideline questionnaires to initiate the discussion with plant pe...Figure 5.8 Various causes of catalyst selectivity increase

6 Chapter 6Figure 6.1 Comparison of daily actual profit (sorted) versus best achieved p...Figure 6.2 Daily opportunity loss in million US$ for one year of operationFigure 6.3 Cumulative opportunity loss in million US$ for one year of operat...

7 Chapter 7Figure 7.1 Advantage and disadvantage of the first principle‐based modelFigure 7.2 Advantages and disadvantages of data‐driven modelsFigure 7.3 Advantages and disadvantages of the grey modeling techniqueFigure 7.4 Advantages and disadvantages of the hybrid modeling techniqueFigure 7.5 Typical pseudo code of a back‐propagation algorithmFigure 7.6 Architecture of a feed‐forward network with one hidden layer (Lah...Figure 7.7 Steps followed in data collection and data inspectionFigure 7.8 Task performed in the data pre‐processing and data conditioning s...Figure 7.9 Two main univariate approaches to detect outliersFigure 7.10 Guidelines for selection of the relevant input output variables...Figure 7.11 Relation between catalyst selectivity and promoter concentration...Figure 7.12 Actual selectivity versus ANN model predicted selectivityFigure 7.13 Prediction error percent between actual selectivity and predicte...Figure 7.14 Plot of actual selectivity versus predicted selectivity for test...Figure 7.15 ANN model performance for testing and training dataFigure 7.16 Different ANN algorithms developed by different scientists in th...Figure 7.17 Different activation functions used in an ANN

8 Chapter 8Figure 8.1 Different minimum values of a function depending on different sta...Figure 8.2 Principle features possessed by a genetic algorithmFigure 8.3 Foundation of the genetic algorithmFigure 8.4 Five main phases of a genetic algorithmFigure 8.5 Mechanism of crossoverFigure 8.6 Calculations steps performed in DE (Babu, 2004)Figure 8.7 Schematic diagram of DEFigure 8.8 Calculation sequence of a simulated annealing algorithm

9 Chapter 9Figure 9.1 Cause and effect relationship of a steam increase in the distilla...Figure 9.2 KPI‐based process monitoringFigure 9.3 Projection of a three‐dimensional object on a two‐dimensional pla...Figure 9.4 Projection of a three‐dimensional object on a two‐dimensional pri...Figure 9.5 Projection of data towards a maximum variance planeFigure 9.6 Steps to calculating the principal componentsFigure 9.7 Normal and abnormal operating zones are clearly different when pl...Figure 9.8 Trends of the first principal componentFigure 9.9 Variance explained by the first few principal componentsFigure 9.10 Front end to detect abnormality in the reciprocating compressor...Figure 9.11 Normal and abnormal data projected onto the first two and first ...

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