Can Technological Advances Reduce Equipment Costs?
Technological advancements continually drive down the costs associated with catalytic equipment. Innovations in catalyst design, such as the development of more robust and efficient catalysts, can reduce the need for extensive separation and recycling equipment. Advances in reactor design, including the use of computational fluid dynamics (CFD) for optimized flow patterns, can enhance efficiency and reduce material costs. Additionally, automation and process control technologies can minimize labor costs and improve safety, further reducing overall expenses.
