Procurement Resource Analyses the Production Cost of Propane-1,2-diol in its New Report
Posted on 22 July, 2022 by Jolie Alexa
Procurement Resource Analyses the Production Cost of Propane-1,2-diol in its New Report
Analyses Overview of The New Production Cost Report of Propane-1,2-diol
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Propane-1,2-diol. 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, labor 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 Propane-1,2-diol production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Propane-1,2-diol is an organic molecule that is also known as propylene glycol. It seems to be a colorless liquid with a somewhat pleasant taste while being practically odorless. It is classified as a diol since it has two alcohol groups. Water, acetone, and chloroform are among the solvents that are soluble in it. Glycols are generally non-irritating, have a low volatility, and have a low toxicity. Propane-1,2-diol is produced in huge quantities for the production of polymers. To distinguish it from the isomer propane-1,3-diol, known as beta ß-propylene glycol, the molecule is frequently referred to as an alpha a-propylene glycol. Propane-1,2-diol is chiral as well. Racemate is commonly used in industrial operations. Biotechnological approaches are used to produce the S-isomer.
Factors Impacting the Propane-1,2-diol Production Cost:
The rising demand for propylene glycol in the food processing and pharmaceutical industries are projected to drive growth in the global market for propylene glycol in the coming years. Furthermore, the usage of propylene glycol, abbreviated (PG), in the manufacturing of unsaturated polyester resins (UPRs), which are widely used in the construction, transportation, and marine industries, will help propel the market for propylene glycol forward during the projection period. Unsaturated polyester resins reinforced with fibreglass are utilized in building panels, bathroom components, fittings, corrosion-resistant tanks, and recreational vehicles, and propylene glycol is widely employed in their production. Moreover, propylene glycol's use as a primary component in engine coolants, deicing solutions, antifreeze, and base fluids for aviation deicing formulations and food sector coolants will increase the global market.
Procurement Resource Assessment of Propane-1,2-diol Production:
The production cost report by Procurement Resource assesses the production of Propane-1,2-diol from Hydration. Propylene oxide is hydrolyzed in the presence of a catalyst, such as sulphuric acid, in this process. The ultimate product is propane-1,2-diol, which is obtained by purifying the solution further.
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