NP Fertiliser Production Cost Analysis Report: Manufacturing Process, Raw Materials Requirements, Variable Cost, Production Cost Summary and Key Process Information

Posted on 15 March, 2023 by Endru Smith

The latest report titled NP fertiliser 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 NP fertiliser.

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 NP Fertiliser production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of NP Fertiliser Production Process:

1. NP Fertiliser Production From Rock Phosphate: This report covers a detailed cost analysis of NP Fertiliser production using Rock Phosphate. The NP fertiliser production takes place using rock phosphate, ammonia, carbon dioxide, and nitric acid while employing the nitrophosphate process or Odda process. During the process, phosphate rock is first acidified using nitric acid in order to attain a calcium nitrate and phosphoric acid mix, which is frozen to separate calcium nitrate in the form of crystals from the phosphoric acid. Finally, the leftover phosphoric acid filtrate comprising a few traces of calcium nitrate and nitric acid is neutralised using ammonia to make NP fertiliser.

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Product Definition:

NP Fertiliser is a granulated fertiliser which has grains that contain equal amounts of Phosphorus (P) 20% & Nitrogen (N) 22%. Additionally, NP is a highly acidic product with a 3.5 pH level, which is the ideal level for soil fertiliser. This balanced combination of Nitrogen & Phosphorus is very important to the plant's growth and development. Also, the consistent and more prolonged use of NP fertiliser improves the soil's health.

Market Drivers:

The NP Fertiliser market growth is being driven by the increasing rate of consumption of dairy and meat products. The rising awareness regarding the high quality of feed and food products will likely further the market's growth. Furthermore, the scarcity of farmlands and the growing demand for water-soluble fertilisers propel the market. In addition, governments in several countries are setting-up various policies that offer grants and subsidies to encourage the use of novel value-added NP fertilizers for commercial farming, which will boost the market's expansion.

Other factors, such as anti-dusting, the introduction of novel strategies, the wide use of NP fertilizer as corrosion inhibitors, hygroscopic agents, and methods for crop enhancement, the inflating popularity of grain-based biofuels, etc., will likely contribute to the industry's proliferation. Also, the growing R&D investments to fund the development of efficient, cost-effective, and eco-friendly product variants are contributing to sales in the sector.

Key Questions Answered in the NP Fertiliser Production Cost Report:

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

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