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Profit Maximization Project (PMP) Implementation Steps

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Chapter 3 describes different steps for implementing a profit maximization project. It introduces 14 major broad ideas or steps for profit maximization in running commercial plants. These ideas are described in detail in subsequent chapters throughout the book. These generic steps are holistic and can be applied in any process industry, starting from refinery, petrochemical, chemical plants, metals, pharmaceuticals, paper and pulp industries, etc. It starts with mapping the whole plant in monetary terms (US$/h) instead of flow terms. This gives an idea of where to focus maximization of the profit and what low hanging fruits are needed that can be easily translated to increase profit without much investment. Practical guidelines to build a profit maximization framework, easily implementable solutions, numerous examples, and case studies from industries give a completely new computational approach to solve process industry problems and are the hallmark of this book.

Profit Maximization Techniques for Operating Chemical Plants

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