I am trying to price a very small process vessel having a volume of 0.4 m3.
Correlations for the capital expenditures of process equipment that use standard factors, typically have a lower and upper range ( in my case for volume) for which they are applicable, and unfortunately I'm out of that range. How would one typically proceed to evaluate the price of such small vessels?
Of course, I expect to hear recommendations to visit manufacturer sites and work my way from there.
However, I prefer evaluating the price of my equipment and subsequently compare it with whats commercially available.
How would one proceed with costing 0.4 m3 vessels? I doubt that the costs of the materials will represent the predominant fraction of the overall CAPEX. My guess, is that the actual construction will be the major source.
Any guidance would be greatly appreciated.
Edited by SP500, 04 March 2017 - 06:36 PM.