This is the capstone course which utilizes the fundamentals of chemical engineering (material balances, energy balances, transport phenomena, thermodynamics, kinetics, separations, unit operations, pollution prevention and safety) in the optimum equipment design and operation of chemical plants. It introduces the concepts and methods of plant design and economic evaluation: planning, cost estimation, fixed capital investments, working capital, production costs, depreciation, rate of return, profitability analysis, discounted cash flow analysis.