It has been a while since I did these kind of calculations, but here is my stab at it :
140 MPa = 140 x 106 N/m2
15 m - 1.6 m free board = 13.4 m high
Volume of the cylinder of molasses = pi r2 h = pi (12)2 * 13.4 = 1929.6 pi m3
mass of this volume 1929.6 pi m3 ( 1.5)(1000 kg/m3) = 2 894 400 pi kg
Find stress using Fs = ma using mass above = 28 394 064 pi N
Now find the thickness ( if 100% weld efficiency)
F = stress * area where stress is 28 394 064 pi N area = pi d t = pi 24 t = 75.39822 t
140 x 10^6 N/m2 = 28 394 064 pi N * 75.398223 t m2
solve for t = .0208155 m
Now factor in the 80% efficiency of the welds .0208155 m / .8 = .02601 m = ~~ 3 cm ( I think ! ~ EP )