The U.S. ranks second of any country when it comes to chemicals production, with $517 billion in shipments in 2021. Chemistry touches more than 25% of the U.S. gross domestic product (USGDP) and affects more than 96% of all manufactured goods that are essential to American prosperity, according to the American Chemistry Council’s annual report, “The Guide to the Business of Chemistry.” In the August AIChE Journal article, “Model-Based Systems Engineering (MBSE) Approaches to Chemicals and Materials Manufacturing,” James Ferri (Virginia Commonwealth Univ.) and coauthors review the importance, complexity, and vulnerability of the U.S. chemical supply chains to establish the need for an MBSE approach to chemical manufacturing.
After decades of decline in domestic manufacturing, the U.S. chemical industry is investing in domestic manufacturing due to the increased domestic production of oil and natural gas. Several hundred thousand U.S. chemical facilities use, manufacture, store, or transport chemicals along a complex, global supply chain. The lifecycle of a chemical process or product describes the system’s evolution from conception to retirement. A typical lifecycle can be divided into...
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