𝐶 𝐵𝑀 is the bare module cost, 𝐶 𝑝 is the capital cost (depending on reactor geometry), 𝐹 𝑀 is the material factor (in this case stainless steel) and 𝐹 𝑝 is the pressure factor. The total installation costs (𝐶 𝑖𝑛𝑠𝑡 ) include further cost factors, as shown in table 2. The total equipment cost is calculated as: The calculated costs are actualized to the current prices through the Chemical Engineering