Pet Coke Production Cost Analysis Report 2022-2027: Manufacturing Process, Raw Materials Requirements and Cost Breakups

Posted on 19 December, 2022 by Endru Smith

The latest report titled pet coke production cost report by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Pet Coke.

Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.

Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Pet Coke production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Pet Coke Production Process:

1. Pet Coke Production From Final Cracking Process: The report provides a detailed cost evaluation of the production of Pet Coke using the Final Cracking Process. During the process, crude oil gets heated in a refinery and poured into a distillation tower, where it gets converted into fuel via the vaporisation of gases using crude elements like diesel, gasoline, and jet fuel. The fuel is later gets removed and transported to several processing facilities at various heights. The remaining material at the vacuum tower's base is ready to be supplied to a third device called a Coker, which is employed in order to make heavy fuel oil and asphalt. The weightiest material from the tower's bottom is sent to a vacuum tower, which is another structure where it undergoes segregation once again to make a usable fuel. Prior to going inside the Coker, the material gets heated in a large vessel to raise pressure.

The molecules that rise to the top create a vapour and can further be used to produce fresh gasoline and diesel. The remaining product is put in a drum where it transforms into petroleum coke and falls out from the bottom to a pit.

The black granular pet coke gets transported to a storing unit before being put onto rail carriages and trucks that transport it to the shipping terminals.

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Product Definition:

Pet Coke is carbon's by-product that is derived from cracking units, including the FCC and coker unit in a solid form. It is similar to coal and inexpensive compared to crude oil that is used in its production. The by-product is formed when tar sand's bitumen, such as the ones found in Alberta, Canada, is refined into crude oil.

Market Drivers:

Pet Coke finds its primary application as a solid fuel that substitutes coal in boilers and furnaces, which is driving the market's demand. As it is a standard energy or carbon source, it finds use in several applications, which will generate its demand in the following sectors. In the cement industries, it is used as a feedstock for manufacturing Clinker. A more high-grade pet coke with low sulphur content and heavy metals is employed for making electrodes for downstream industries like aluminium and steel, boosting the market's expansion.

Key Questions Answered in the Pet Coke Production Cost Report:

• What are the key drivers propelling the Pet Coke market?
• What are the various processes used for Pet Coke production?
• What are the raw materials required to produce Pet Coke?
• What are the different operations units involved in the production of Pet Coke?
• What are the manpower and utility requirements in the production process of Pet Coke?
• What are the various costs engaged in the production of Pet Coke?
• What are the construction costs involved in setting up a Pet Coke production facility?
• What are the working capital requirements?
• What is the process of raw material procurement for Pet Coke production?
• What is the time frame for Pet Coke plant start-up?
• What is the pricing mechanism of Pet Coke?

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