The latest report titled ethylene production cost report by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Ethylene.
|Process Included||Ethylene Production From Steam Cracking|
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Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Ethylene production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Ethylene Production Process:
1. Ethylene Production From Steam Cracking: The study offers a detailed cost analysis of Ethylene production via Steam Cracking. To produce ethylene, the steam cracking process is used. The process uses a hydrocarbon like ethane along with steam that is heated up to 750–950 ° C transforming the large hydrocarbon into a lower hydrocarbon leading to unsaturation, which results in ethylene.
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Ethylene is among the simplest organic compounds called alkenes, containing carbon-carbon double bonds. It is derived from natural sources like natural gas and petroleum and also occurs naturally in plant hormones. It is a flammable, colourless gas that has a sweet odour as well as taste. It is lighter than air. Ethylene is commonly used as an anaesthetic and a refrigerant. It is an essential raw ingredient in manufacturing a wide range of chemicals from plastics to antifreeze solutions and solvents.
Ethylene is a key element added to produce lightweight as well as high-quality packaging. Lightweight plastics are witnessing growth as a result of the rising popularity of such packaging due to their consumer convenience. Lightweight plastic products are being employed increasingly in the construction and automotive industries, which is furthering the market’s demand. In addition, the growing demand for ethylene derivatives is also furthering the market demand. The increasing investments by market players to increase their manufacturing capacity are boosting the market’s growth. Besides, in the packaging industry, the demand for ethylene in form of polyvinyl chloride and polyethene is also rising which will further its sales in the sector.
Key Questions Answered in the Ethylene Production Cost Report:
• What are the key drivers propelling the Ethylene market?
• What are the various processes used for Ethylene production?
• What are the raw materials required to produce Ethylene?
• What are the different operations units involved in the production of Ethylene?
• What are the manpower and utility requirements in the production process of Ethylene?
• What are the various costs engaged in the production of Ethylene?
• What are the construction costs involved in setting up an Ethylene production facility?
• What are the working capital requirements?
• What is the process of raw material procurement for Ethylene production?
• What is the time frame for Ethylene plant start-up?
• What is the pricing mechanism of Ethylene?
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