According to the API 650 E.6.2.2.3, the allowable longitudinal shell membrane compression stress
is Fc = 883*t/(2.5D)+7.5*sqrt(GH) (assume that GHD^2/t^2 <44)
-Title of this thread (API 650 Storage Tank made from CFRP --- help calculating longitudinal compressive stress )..
API 650 section 4 defines the applicable materials and Annex S defines the applicable Stainless Steel materials. CFRP (carbon-fiber-reinforced plastic ) tank is not an API 650 tank.. Better to look AWWA D120 and D121 (Fiberglass Reinforced Plastic Tanks )
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This formula contains modulus of elasticity of STEEL . You can not use for CFRP tank..