Recently, a large amount of flammable or explosive materials have been handled or stored in chemical industries. H the equipments fail or the materials release in consequence of operation errors, fire and explosion could occur to them. Thus, risk assessment using quantification of risks is very important when design of processes and modifications of installed processes are performed. The purpose of this study is to develop the program for fire and explosion index in order to quantify the expected damage of fire and explosion incidents in chemical plants, to identify equipment that would be likely to contribute to the creation or escalation of an incident, to comunicate the potential fire and explosion risk to management and to account of damage cost.