Lifecycle Costs for Capital Equipment In the CPI – Chemical Engineering

Jeff Hoffmann of Paul O. Abbe was published in the July 2013 edition of Chemical Engineering authoring the Featured Report, Lifecycle Costs for Capital Equipment In the CPI. In this report, Jeff provides a detailed examination of the cost of process equipment and the implications that the initial equipment cost has for longterm costs over the life of the process. Jeff illustrates the factors of lifecycle costs with specific costs facts while explaining how the capital costs alone are too often the primary criteria for selecting process equipment.