Procurement Resource Analyses the Production Cost of Isophthalic Acid in its New Report

Posted on 14 July, 2022 by Jolie Alexa

Procurement Resource Analyses the Production Cost of Isophthalic Acid in its New Report

Analyses Overview of The New Production Cost Report of 1,2-Dichloroethane

The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Isophthalic Acid. 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 Isophthalic Acid production costs, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Product Definition:

Isophthalic acid is a benzenedicarboxylic acid with carboxy groups substituting for benzene at positions 1 and 3. Phosphoric and terephthalic acids are the other two isomers of benzenedicarboxylic acid. It is the conjugate acid of isophthalate. Isophthalic acid is a colourless liquid with a faint odour. It sinks when submerged in water.

Factors Impacting the Isophthalic Acid Production Cost:

The global demand for polyethylene terephthalate (PET) bottle resins is expected to stimulate the demand for isophthalic acid. Isophthalic acid is a major component in the manufacture of PET resins. As a result, growth in worldwide PET usage is likely to present considerable opportunities for isophthalic acid producers in the near future. Furthermore, isophthalic acid's strong resistance capabilities are drawing a huge number of consumers for worldwide isophthalic acid companies. These factors are expected to impact the production cost of Isophthalic Acid.

Procurement Resource Assessment of Isophthalic Acid Production:

This report depicts the cost structure of isophthalic acid synthesis utilising the m-xylene oxidation method. P-xylene is oxidised during this stage, to generate isophthalic acid. As an intermediary crude isophthalic acid, the product is split into isophthalic acid (CIA). The CIA is hydrogenated and purified to produce isophthalic acid as the end 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-isophthalic-acid/