Shell And Tube Heat Exchanger Cost Estimation

http://www.cheresources.com/invision/blog/4/entry-278-shell-and-tube-heat-exchanger-cost-
estimation/


Base Cost for CS Floating-Head, 700 kPag (100 psig) exchanger

SI Units

C
B
= EXP(8.202 + 0.01506*lnA + 0.06811*(lnA)
2
)

where:

C
B
= Base Cost of the HE, USD

A = Heat Transfer Area in m
2


Lower Limit: 14 m
2
; Upper Limit: 1100 m
2


Exchanger-type cost factor, F
D


Fixed Head:

F
D
= EXP(-0.9003 + 0.0906*lnA)

Kettle Reboiler:

F
D
= 1.35

U-Tube:

F
D
= EXP(-0.7844 + 0.0830*lnA)

where:

F
D
= Exchanger-type cost factor

Design-pressure cost factor, F
P


700-2100 kPag:

F
P
= 0.8955 + 0.04981*lnA

2100-4200 kPag:

F
P
= 1.2002 + 0.07140*lnA

4200-6200 kPag:

F
P
= 1.4272 + 0.12088*lnA

where:

F
P
= Design-pressure cost factor

Material-of-Construction Cost Factor, F
M


SS316:

F
M
=1.4144 + 0.23296*lnA

SS304:

F
M
=1.1991 + 0.15984*lnA

SS347:

F
M
=1.1388 + 0.22186*lnA

Nickel 200:

F
M
=2.9553 + 0.60859*lnA

Monel 400:

F
M
=2.3296 + 0.43377*lnA

Inconel 600:

F
M
=2.4103 + 0.50764*lnA

Incoloy 825:

F
M
=2.3665 + 0.49706*lnA

Titanium:

F
M
=2.5617 + 0.42913*lnA

Hastelloy:

F
M
=3.7614 + 1.51774*lnA

where:

F
M
= Material-of-construction cost factor

Heat-Exchanger Cost , C
E


C
E
= C
B
*F
B
*F
D
*F
M


where:

C
E
= Heat Exchanger Cost, USD

USC Units

C
B
= EXP(8.551 - 0.30863*lnA + 0.06811*(lnA)
2
)

where:

C
B
= Base Cost of the HE, USD

A = Heat Transfer Area in ft
2


Lower Limit: 150 ft
2
; Upper Limit: 12000 ft
2


Exchanger-type cost factor, F
D


Fixed Head:

F
D
= EXP(-1.1156 + 0.0906*lnA)

Kettle Reboiler:

F
D
= 1.35

U-Tube:

F
D
= EXP(-0.9816 + 0.0830*lnA)

where:

F
D
= Exchanger-type cost factor

Design-pressure cost factor, F
P


100-300 psig:

F
P
= 0.7771 + 0.04981*lnA

300-600 psig:

F
P
= 1.0305 + 0.07140*lnA

600-900 psig:

F
P
= 1.14 + 0.12088*lnA

where:

F
P
= Design-pressure cost factor

Material-of-Construction Cost Factor, F
M


SS316:

F
M
=0.8608 + 0.23296*lnA

SS304:

F
M
=0.8193 + 0.15984*lnA

SS347:

F
M
=0.6116 + 0.22186*lnA

Nickel 200:

F
M
=1.5092 + 0.60859*lnA

Monel 400:

F
M
=1.2989 + 0.43377*lnA

Inconel 600:

F
M
=1.2040 + 0.50764*lnA

Incoloy 825:

F
M
=1.1854 + 0.49706*lnA

Titanium:

F
M
=1.5420 + 0.42913*lnA

Hastelloy:

F
M
=0.1549 + 1.51774*lnA

where:

F
M
= Material-of-construction cost factor

Heat-Exchanger Cost , C
E


C
E
= C
B
*F
B
*F
D
*F
M


where:

C
E
= Heat Exchanger Cost, USD

Updated Heat Exchanger Cost

C
E(updated)
= (CI
(calculation yr)
/ CI
(base yr)
) * CE

where:

CI
(calculation yr)
= cost Index for the calculation year &

CI
(base yr)
= cost index for the base year

Notes:

1. As an example, if you are trying to calculate the cost of the exchanger for the year 2010, the most
probable updated cost would be based on a ratio of the cost index for the year 2010 to the cost index for
a base year of 2005. It is not recommended to use a base cost index more than 5 years older than the
cost index for the calculated year.

2. The cost index ratio is subjective in nature and readers are exercised caution in determining the "Cost
Index Ratio" for calculating the updated equipment cost.

Readers and Members of "Cheresources", this is it for today's blog entry. Would welcome comments from
all of you on the subject matter.