WHAT IS THE TASK OF THE ENGINEERS HIRED BY POLITECNICO?
We asked a representative of Politecnico about the duties of their new hires. What is their daily job? What is their task?
“The job of a Process Engineer is a highly technical and qualified one. In general, Process Engineers need to study and deal with the design, operation, control and optimization of a chemical process. Process Systems Engineering (PSE in brief) can actually be defined as the application of systematic computer-based methods to process engineering.
The job of our new hires mainly focuses on evaluating each week the cash flow of the plant, and decide whether to run it.
They will also be given other choices, e.g. investment or process choices. At the end of their contract, they will be ranked only according to the balance of their financial account. We are considering a special extension of the evaluation period, without extending the contract. We are still working on the details, but we will announce it very soon.
We will keep you updated.”
PSE-Lab - CMIC Department - Politecnico di Milano
FINANCE
Average weekly figures:
21/10-27/10 week
Crude oil1 112.21 (+86.2%) Benzene1 166.89 (+14.5%) Toluene1 174.49 (+69.4%) Propylene2 1012.91 (+15%) Diphenyl2 730.16 (+11.9%)
28/10-3/11 week Forecasts by OPEC:
Crude oil1 41.63 (-62.9%) Forecasts by our expert:
Benzene1 130.67 (-21.7%) Toluene1 86.36 (-50.5%) Propylene2 927.76 (-8.4%) Diphenyl2 ---
(1) EUR per bbl (159 L) (2) EUR per metric ton
The PROCESS SYSTEMS ENGINEERING JOURNAL
POLITECNICO HAS STARTED PRODUCTION OF ITS NEW HDA PLANTS
The recent construction of 45 HDA plants by Politecnico di Milano has hit the headlines in the last few weeks. Politecnico announced that full-time continuous production started last week.
Politecnico di Milano has granted the PSE Journal direct access to the performance of the plants and their connected financial accounts. This will allow us to evaluate the financial performance of each team.
Financial accounts started with 130 k€, and up to 8 k€ were awarded to the best performing groups during the hiring process. During their first week, the plant could run 30% of the time because of scheduled technical checks, whereas last week the plants were ready to run 100% of the time.
N. 5 – October 28, 2019
SPONSORED CONTENT – Politecnico di Milano
Next week, all teams are invited to a meeting with the Board of Politecnico di Milano and other international investors. Please look forward to it.
To enter the cockpit and manage your plant, please visit tiny.cc/pse19w5 http://pselab.chem.polimi.it/pse-game-2019/
Team Balance w4 start Balance
w4 end Team Balance w4 start Balance
w4 end Team Balance w4 start Balance
w4 end Team Balance
w4 start Balance w4 end HD A-Team.. 138048,77 136048,77 ViA25 137448,77 135448,77 Cocas21 136843,64 134843,64 L'N'G 800.. 134804,44 132804,44 Shark Fae.. 138048,77 136048,77 ALPACH.. 137418,77 135418,77 Team28 136820,77 134820,77 Poseidon.. 134750,77 132750,77 Team37 138048,77 136048,77 M&D Ass.. 137358,77 135358,77 BlueSky.. 136767,23 134767,23 VilPec1 134400,00 132400,00 RCMTeam15 137958,77 135958,77 Team2 137325,69 135325,69 valeluan.. 136712,87 134712,87 Pangea10 138048,77 82137,25 PSElvaggi20 137894,92 135894,92 ECH24 137294,92 135294,92 Ammosfe.. 136710,30 134710,30 IdealGas.. 137120,77 81209,25 Izecson22 137748,77 135748,77 Team38 137282,10 135282,10 Monza 20.. 136310,30 134310,30 Flowers14 135150,00 77238,48 Snowball.E.. 137748,77 135748,77 Team36 137248,77 135248,77 PSEcopat.. 136282,30 134282,30 Team17 134853,33 76941,82 γ/φ Project6 137594,92 135594,92 SuperSta.. 137088,77 135088,77 RSC26 136148,77 134148,77 URSZ34 134373,33 76461,82 Barz8 137548,77 135548,77 4218 136948,77 134948,77 Le Barba.. 135130,30 133130,30
Ratatouille3 137548,77 135548,77 Paperon .. 136868,77 134868,77 A$AP29 135068,77 133068,77
To avoid the creation of great gaps so early into the competition, Politecnico decided to exceptionally limit the losses of last week: teams who lost more than 80 k€ were financed with an extra 60 k€.
