3. Evaluation of innovative processes

3.1 Recommended approach

As this is an innovative process, many technological and economic elements may be unknown to the engineer in charge of the evaluation. The main steps are designed to :

• identify the dimensioning technical characteristics for the main equipment and process blocks. The more precise the technical details, the more accurate the estimate (see table 1 for information as the project progresses);

• determine the investment required for the main equipment, paying...