Procurement Resource Analyses the Production Cost of Chloromethane in its New Report
Posted on 6 July, 2022 by Jolie Alexa
Procurement Resource Analyses the Production Cost of Chloromethane in its New Report
Analyses Overview of The New Production Cost Report of Chloromethane
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Chloromethane. 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 Chloromethane production costs, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Chloromethane, often known as methyl chloride, Refrigerant-40, R-40, or HCC 40, is a chemical compound. It is a colourless, odourless, and flammable gas belonging to the haloalkane family. Methyl chloride is an essential reagent in industrial chemistry and was originally employed as a refrigerant, despite its rarity in consumer products.
Factors Impacting the Chloromethane Production Cost:
The increased demand from the silicone sector is driving the chloromethane market. Furthermore, the silicone sector is one of the fastest expanding application categories, with significant demand projected during the projection period. The increased demand from the personal care and medical industries can be ascribed to this. The market is also impacted by improving living standards, an ever-expanding middle class, and rising household incomes in the Asia Pacific region, along with the rest of the world since these factors lead to increased demand for high-quality silicone goods and are expected to impact the production cost of Chloromethane.
Procurement Resource Assessment of Chloromethane Production:
The report includes a thorough cost analysis of chloromethane created by reacting gaseous methanol with boiling hydrogen chloride gas at 350 degrees Celsius over an alumina catalyst. As a by-product, water is generated.
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