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Feasibility study:
1. Technical evaluation
2. Economic evaluation
Feasibility study of a project is performed to determine whether the
detailed design stages should be undertaken.
Many aspects that need to be considered, such as:
Legal implications
Political influences
Etc
These should be considered before the expensive detailed design stage
commences
1. Technical evaluation
Alternative processes
Equipments need in each case
Site selection and plant layout
Environmental consideration
etc
It is necessary to identify any items of equipment that pose particular or
unusual design problems, or which are very expensive or hazardous.
The feasibility study should determine whether it is possible to design and
build a chemical plant for a particular manufacturing process.
Any external factors, such as:
o Discharge levels
o Stability of raw materials supply
o Etc
that may influence the operation of the plant should be noted.
Process Selection
Process selection considerations:
- Flow diagram PFD and P&ID
- Process data
- Energy efficiency
center
- Existing infrastructure; road, electricity, gas, water, etc.
- Appropriate terrain, sub-surface, drainage, etc
- Suitable access for transportation of raw materials and chemicals, and for
- Proximity to both the raw materials supply and the market for the product
chemical
- Existence of services equipped to deal with a major industrial accident
- Climatic conditions; humidity, maximum wind velocity and its prominent
1.
Environmental Considerations
operation/start-up/shut-down
2.
2. Economic Evaluation
Market Survey
a. Economic analysis:
Determine the cost of all raw materials used in the process.
Determine the current selling price for the proposed chemical.
Determine whether the combined purchase costs of raw materials is
more than the selling price of the product.
b. Identify the market for the chemical:
Location and size
Local or export
Analyze the sales and production trends over the last five years
c. Identify the main (traditional) uses/application for the product:
Markets can dissappear quite quickly
Survey any new uses or applications for the product
d. Establish the production capacity for the proposed plant:
Preliminary calculation can be performed