Chemical Engineering Process Simulation and Economic Analysis

Every successful chemical plant starts with a rigorous and well-designed process model. To turn a chemical reaction into a viable commercial reality, engineers must balance technical feasibility, economic return, and safety compliance. This course introduces you to the core principles of process simulation and analysis, guiding you from fundamental chemical engineering concepts to structured decision-making. You will learn how to build foundational simulations, evaluate capital and operating costs, and optimize chemical systems for safety and efficiency. Through clear, written explanations and practical design scenarios, you will develop the analytical skills needed to evaluate real-world chemical processes. What you'll learn: Understand the core principles of chemical process flowsheet design and simulation; Build and analyze base case process simulations using mass and energy balances; Perform capital investment and operating cost estimations for economic viability; Optimize chemical processes to improve yield, energy efficiency, and cost-effectiveness; Apply safety and environmental hazard analysis methodologies to process designs; Evaluate engineering trade-offs between profitability and regulatory compliance. The course begins with essential chemical engineering terminology and thermodynamic foundations, before guiding you through process modeling, economic calculations, and safety assessments. This text-based course is designed for engineering students, junior chemical engineers, and professionals seeking a solid foundation in process design and simulation, with no advanced simulation software experience required. Start reading to master the fundamentals of chemical process design and economic analysis today.