Process Economics

While chemical and biochemical processes range from simple to complex, they all share the need to meet a cost target or a return on investment. We can apply our expertise in this area to:

 

  • Develop manufacturing cost models for new processes being considered for development, or already under development.  Such models can be used to:

    • Select the most promising process option from a cost standpoint.

    • Guide development efforts, so that the focus is placed on the aspects of the process that offer the largest potential for cost reduction, while avoiding spending time optimizing parts of the process that have little impact on cost.

  • Develop manufacturing cost models for existing processes. These models can identify opportunities for cost reduction.

  • Evaluate return on investment for implementation of new processes, technologies or equipment.

 

 

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Contact us for an economic evaluation of your process concept, process under development, or existing operation.