The student should be able to apply knowledge acquired in course of process analysis and design, to make a synthesis and propose robust technical reports providing efficient solutions to the problem at hand. Then to complete the study with the economic dimension so that one is able to review the technical solution that generates the most favorable outcome in economic terms ensuring sustainability.

Upon successful completion of this course the students will acquire new knowledge and specific skills on the following subjects:

• Analysis mechanics of chemical processes and design concepts
• Consider the importance of techno-economic analysis
• Will be able to evaluate processes on both technical and economic grounds
• Determine optimal alternative configurations both technically and economically

• Decision making
• Work autonomously
• Analysis and synthesis of data and information by means appropriate software technologies
• Ability to operate in a interdisciplinary environment
• Generate novel research proposals
• Capacity to criticize and self-knowledge

1. Introduction to techno-economic evaluation reports
2. General design notions
3. Scheduling the evaluation report
4. Process/installation design development
5. Flowsheet technical features and equipment desing
6. Heuristics for process equipment design, energy management and savings
7. Optimal dimension/size using software use in process design
8. Basic concepts of accounting, depreciation
9. Analysis of investment and installation cost
10. Budgeting of operational expenses
11. Project appraisal
12. Interest, time value of money
13. Case studies on profitability, alternative investments and replacements 

• Direct (face to face)

Use of Information and Communication Technology

• Power point presentations
• E-class support
• e-books Kalippos

Assessment Method

I. Written final examination (50%):
- Multiple choice questions
- Quizz questions
- report writing
- problem solving

ΙΙ. Project report – mid-term examination (50%).

• Peters-Timmerhaus-West, 2003. Plant design and economics for chemical engineers, McGraw-Hill, 5th edition

(In greek):

• Κυριαζής – Παπαδάκης, Τεχνικο-οικονομική μελέτη, εκδ. Τζιόλα 2009.
• Εισαγωγή στο σχεδιασμό χημικών εργοστασίων Ι. Κ. Κούκος, Εκδόσεις Τζιόλα 2008
• Βασικοί Πίνακες & Εξισώσεις του PERRY για Χημικούς Μηχανικούς J.G. Speight Εκδ.ΤΖΙΟΛΑ, 2008.