A systematic approach to profit optimization utilizing strategic solutions and methodologies for the chemical process industry In 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 applications For 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.

A guide to all practical aspects of building, implementing, managing, and maintaining MPC applications in industrial plants Multivariable Predictive Control: Applications in Industry provides engineers with a thorough understanding of all practical aspects of multivariate predictive control (MPC) applications, as well as expert guidance on how to derive maximum benefit from those systems. Short on theory and long on step-by-step information, it covers everything plant process engineers and control engineers need to know about building, deploying, and managing MPC applications in their companies. MPC has more than proven itself to be one the most important tools for optimising plant operations on an ongoing basis. Companies, worldwide, across a range of industries are successfully using MPC systems to optimise materials and utility consumption, reduce waste, minimise pollution, and maximise production. Unfortunately, due in part to the lack of practical references, plant engineers are often at a loss as to how to manage and maintain MPC systems once the applications have been installed and the consultants and vendors reps have left the plant. Written by a chemical engineer with two decades of experience in operations and technical services at petrochemical companies, this book fills that regrettable gap in the professional literature. * Provides a cost-benefit analysis of typical MPC projects and reviews commercially available MPC software packages * Details software implementation steps, as well as techniques for successfully evaluating and monitoring software performance once it has been installed * Features case studies and real-world examples from industries, worldwide, illustrating the advantages and common pitfalls of MPC systems * Describes MPC application failures in an array of companies, exposes the root causes of those failures, and offers proven safeguards and corrective measures for avoiding similar failures Multivariable Predictive Control: Applications in Industry is an indispensable resource for plant process engineers and control engineers working in chemical plants, petrochemical companies, and oil refineries in which MPC systems already are operational, or where MPC implementations are being considering.