Procurement Resource Analyses the Production Cost of Niacinamide in its New Report

Posted on 19 July, 2022 by Jolie Alexa

Procurement Resource Analyses the Production Cost of Niacinamide in its New Report

Analyses Overview of The New Production Cost Report of Niacinamide

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

Product Definition:

A kind of vitamin B3 is nicotinamide, often known as niacinamide. Meat, fish, milk, eggs, green vegetables, and cereals are just a few of the foods that contain it. For sugars and fats to operate properly in the body and to keep cells healthy, niacinamide is necessary.

Factors Impacting the Niacinamide Production Cost:

The demand for vitamins and supplements is rising quickly as customers' interest in health and wellness grows. Around the world, people have started to include vitamins and supplements in their daily diet. Vitamins are crucial in preventing a variety of health problems, including those affecting the brain system, digestion, and skin. These factors are expected to impact the production cost of Niacinamide.

Procurement Resource Assessment of Niacinamide Production:

The cost of producing niacinamide from 2-methyl 1,5-pentanediamine, nicotinic acid, ammonia, and via hydrolysis is examined in Procurement Resource's manufacturing cost study. In the initial synthesis step, 2-methyl-1,5-pentanediamine (MPDA) is converted to 3-picoline, which is then further reacted to form a 3-cyanopyridine intermediate. Niacinamide is created by hydrolyzing the generated intermediate. The hydrolysis process is used in the second production process. Nitrile hydratase (from Rhodococcus rhodochrous) is used as an enzyme catalyst in this method to hydrolyze nicotinonitrile, resulting in the production of niacinamide. Niacinamide, which is further refined, is created in the third production step when melted nicotinic acid combines with ammonia gas utilising the ammonium salt as a catalyst.

Also Check - Niacinamide Production via Hydrolysis and Niacinamide Production from Nicotinic Acid and Ammonia

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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-niacinamide/