A systematic approach to profit optimization utilizing strategic solutions and methodologies for the chemical process industryIn 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. Profit Maximization Techniques For Operating Chemical Plants 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 applicationsFor 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.

Chapter 1Concept of profit maximizationChapter 2Big picture of modern chemical industryChapter 3Profit maximization project (PMP) implementation stepsChapter 4Strategy of profit maximizationChapter 5Key performance indicators and targetsChapter 6Assessment of current plant statusChapter 7Process modeling by artificial neural networkChapter 8Optimization of industrial processes and process equipmentChapter 9Process monitoringChapter 10Fault diagnosisChapter 11Optimization of existing distillation columnChapter 12New design methodologyChapter 13Genetic programing for modeling industrial reactorChapter 14Maximum capacity test run and debottlenecking studyChapter 15Loss assessmentChapter 16Advance Process controlChapter 17150 ways and best practices to improve profit in running chemical plant