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Economic Analysis for Paint Stripper

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$ASQEconomic Analysis for Paint Economic Analysis for Paint Stripper, Hot Tank Assumptions: · Area of parts to be stripped of paint: 1,000 sqft · Minimal process water usage for the hot tank · Water discharged into the sewer system meets the local discharge limits · Stripping rate for the hot tank is equal to the cold chemical stripping rate · Hot tank procurement cost (300-gal tank): $30,000 · Aqueous stripper procurement for a 300-gal tank: $705 · Hot tank electricity for 1,000 sqft (based on a stripping rate of 0.22 sqft/min, or 76 hrs): 304 kw·hr · Electricity rate: $0.08 kw·hr · Labor required for the hot tank stripping: 50 hrs · Labor rate: $30 /hr · Paint/sludge disposal from the hot tank stripping (based on one 55-gal drum for 1,000 sqft of material stripped): $400 · Water discharge into local sewer system (based on 300 gal at a rate of $10/1,000 gal): $3 · TCA procurement cost for 300 gal: $5,000 · Solvent tank pump electricity for 1,000 sqft (based on stripping rate of 0.22 sqft/min, or 76 hrs): 304 kw·hr · Labor required for the solvent cold tank stripping: 50 hrs · Solvent disposal based on 8/55-gallon drums of spent solvent and soiled rags: $2,000 · Paint/sludge disposal from solvent stripping (based on one 55-gal drum for 1,000 sqft of material stripped): $400 · Solvent profile analysis: $1,000 /yr Annual Operating Cost Comparison for Hot Tank Stripping and Solvent Stripping Hot Tank Solvent Stripping Stripping Operational Costs: Labor: $1,500 $1,500 Material: $705 $5,000 Electricity: $24 $24 Waste Disposal (includes discharge into sewer system, if applicable): $403 $2,400 Effluent Profile Analysis: $0 $1,000 Total Operational Costs: $2,632 $9,924 Total Recovered Income: $0 $0 Net Annual Cost/Benefit: -$2,632 -$9,924 Economic Analysis Summary Annual Savings for Hot Tank Stripping: $7,292 Capital Cost for Diversion Equipment/Process: $30,000 Payback Period for Investment in Equipment/Process: 4.1 years Page 1
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