appendix a_capital cost equations & curves

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Appendix A Capital Cost Equations & Curves for the CAPCOST Program Samir I. Abu-Eishah

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Capital Cost Equations

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Page 1: Appendix A_Capital Cost Equations & Curves

Appendix A

Capital Cost Equations &

Curves for the CAPCOST

Program

Samir I. Abu-Eishah

Page 2: Appendix A_Capital Cost Equations & Curves

Purpose:

• The purpose of this Appendix is to present the

equations and figures that describe the relationships

used in the capital equipment-costing program

CAPCOST introduced in Chapter 5 and used

throughout the text.

Page 3: Appendix A_Capital Cost Equations & Curves

A.1 Purchased Equipment Costs

• All the data for the purchased cost of

equipment were obtained from a survey of

equipment manufacturers during the

period May-Sept of 2001.

• An average value of CEPCI = 397 over

this period should be used when

accounting for inflation.

Page 4: Appendix A_Capital Cost Equations & Curves

• The data for the purchased cost of the equipment, at ambient operating pressure and using carbon steel construction, Cp

0, was fitted to the following equation:

A = capacity or size parameter for the equipment. The data for K1, K2, and K3, along with the maximum and minimum values used in the correlation are given in Table A.1.

• These data are also presented in the form of graphs in Figures A.1 to A.7.

• It should be noted that in these figures, the data are plotted as Cp

0 /A vs. the size attribute, A. This form of the graph clearly illustrates the decreasing cost per unit of capacity as the size of the equipment increases.

Page 5: Appendix A_Capital Cost Equations & Curves
Page 6: Appendix A_Capital Cost Equations & Curves

Table A.1 Equipment cost data to be used with Eq. A.1 …

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A.2 Pressure Factors

A.2.1 Pressure Factors for Process Vessels

• The pressure factor for horizontal and vertical process (pressurized) vessels of diameter D meters and operating at P barg is based on the ASME code for pressure vessel design.

• At base material conditions using a maximum allowable stress for carbon steel (type S) of 944 bar, a weld efficiency E = 0.9, a minimum allowable vessel thickness tvessel = 6.30 mm (¼ inch), and a corrosion allowance, CA = 3.15 mm (1/8 inch) gives the A.2 expression:

Page 15: Appendix A_Capital Cost Equations & Curves

A.2.1 Pressure Factors for Process Vessels …

• If Fp,vessel < 1 (at tvessel < 6.3 mm), then Fp,vessel = 1.

• For P < -0.5 barg, take Fp,vessel = 1.25.

• It should be noted that Eq. A.2 is strictly true for the

case when tvessel < 0.25 D; for vessels in the range D =

0.3 to 4.0 m, this occurs at P ~ 320 barg.

• For -0.5 barg < P < 10 barg, Fp ~ 1.0

Page 16: Appendix A_Capital Cost Equations & Curves

A2.2 Pressure Factors for Other Process

Equipment

• The pressure factors, Fp, for the remaining process equipment are given by the following general form:

• P in bar gauge or barg, unless stated otherwise. Fp ≥ 1.0

• The values of the constants in Eq. A.3 for different equipment are given in Table A.2, and also shown the ranges of pressures over which the correlations are valid.

• Extrapolation outside this range of pressures should be done with extreme caution.

• Some equipment does not have pressure ratings and, therefore, has values of C1, C2, C3 equal to zero.

• If cost estimates are required for these units at high pressures and the equipment cost is affected by pressure, then the correlations should again be used with caution.

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Table A.2 Pressure factors for process equipment (to be used with Eq. A.3) …

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A.3.1 Bare Module and Material Factors for

Heat Exchangers, Process Vessels, and Pumps

• The material factors, FM, for heat exchangers,

process vessels and pumps are given in Figure

A.8, with the appropriate identification number

listed in Table A.3.

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Table A.3 Identification numbers for material factors for pumps (to be used

with Figure A.8) …

Page 24: Appendix A_Capital Cost Equations & Curves

Bare Module and Material Factors for Heat

Exchangers, Process Vessels, and Pumps …

• The bare module factors for this equipment are given by

the following equation:

• The values of the constants B1 and B2 are given in Table

A.4.

• The bare module factor for the equipment for ambient

pressure and carbon steel construction, FBM0, are found

by setting FM and FP equal to 1.0.

• The bare module cost at base conditions, CBM0, is given

by 000

BMpBM FCC

)( 21

00

MppBMpBM FFBBCFCC (A.4)

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A.3.2 Bare Module and Material Factors for the

Remaining Process Equipment

• For the remaining equipment, the bare module costs

are related to the material and pressure factors by

equations different from Eq. A.4. The form of these

equations is given in Table A.5.

• The bare module factors that correspond to the

equations in Table A.5 are given in Figure A.9 using

the identification numbers listed in Table A.6.

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Table A.6 Identification numbers for material factors for equipment listed in Table A.5

(to be used with Figure A.9) …

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