Procurement Resource Analyses the Production Cost of Bio-Butadiene in its New Report

Posted on 1 July, 2022 by Jolie Alexa

Procurement Resource Analyses the Production Cost of Bio-Butadiene in its New Report

Analyses Overview of The New Production Cost Report of Bio-Butadiene

The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Bio-Butadiene. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence Bio-Butadiene production costs, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Butadiene was originally made from a variety of petroleum feedstocks available on the market. Nevertheless, butadiene is now generated from bio-based material sources, including non-food biomass, to minimise reliance on these feedstocks. The market for bio-butadiene will continue to be driven by tighter Naptha-based butadiene supply, expansion in polymer and tyre usage in developing nations, and natural rubber instability.

Factors Impacting the Bio-Butadiene Production Cost:

Rising crude oil costs and low natural gas prices have caused petrochemical businesses to shift their focus from oil-based cracking to ethane cracking, resulting in a decline in butadiene supply. This has sparked interest in producing butadiene from both conventional and renewable feedstocks. Furthermore, there is a growing need for green tyres made of synthetic rubber, which is often created from bio-butadiene. Because a considerable amount of bio-butadiene is utilised in the manufacture of coatings and synthetic rubbers that are used in the manufacturing of tyres and other automotive accessories, the growth of the bio-butadiene market is projected to be driven by the automotive and tyre end-use sectors. These factors are expected to impact the production cost of Bio-Butadiene.

Procurement Resource Assessment of Bio-Butadiene Production:

The production cost report by Procurement Resource assesses the production of Bio-Butadiene via Direct Fermentation Process (aerobic), via Direct Fermentation (anaerobic), via Fermentation (aerobic), and via Fermentation (anaerobic). In the first production process of bio-butadiene via direct fermentation (aerobic), glucose-water syrup (70 wt%) is used as the starting material for the production of bio-butadiene in an aerobic fermentation step. In the second production process via direct fermentation (anaerobic), glucose-water syrup (70 wt%) is used as the starting material for the production of bio-butadiene in an anaerobic fermentation step. In the third production process via fermentation (aerobic), raw sugar is first diluted and hydrolysed to form glucose and fructose, which are further aerobically fermented to produce bio-butadiene as the final product. In the fourth production process via fermentation (anaerobic), raw sugar is first diluted and hydrolysed to form glucose and fructose, which are further anaerobically fermented to produce bio-butadiene as the final product.

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

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Reference Link: https://takeitcool.com/production-cost-of-bio-butadiene/