The latest report titled “Propylene Carbonate Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Propylene Carbonate.
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 production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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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 Propylene Carbonate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Propylene Carbonate Production Process:
1. Production Process of Propylene Carbonate from Carbon dioxide and propylene oxide: This report presents the detailed production methodology and cost analysis of Propylene Carbonate industrial production across Propylene Carbonate manufacturing plants. The production process of propylene carbonate from carbon dioxide and propylene oxide involves the cycloaddition reaction in the presence of a multifunctional metallo or halide-free alkanolamine catalyst at a high temperature and pressure.
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2. Production process of propylene carbonate from Urea and 1,2-propanediol through alcoholysis: This report constitutes the extensive cost evaluation of Propylene Carbonate industrial production across Propylene Carbonate manufacturing plants. The production process of propylene carbonate from urea and 1,2-propanediol starts with the reaction of urea with 1,2-propanediol in the presence of a homogeneous catalyst in the alcoholysis process under a measured temperature and pressure, resulting in the production of propylene oxide.
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Product Definition:
Propylene carbonate is a chemical compound used in various industrial applications. It is a colorless liquid with a mild odor and is known for its excellent solvency and low toxicity. Due to its high boiling point and stability, it is commonly used as a solvent for different substances, including oils, resins, and polymers. Propylene carbonate is also utilized in the manufacturing of lithium-ion batteries, as it helps enhance their performance and safety. Additionally, it finds applications in the production of adhesives, coatings, and cosmetics. Its versatility and environmentally friendly characteristics make it a valuable component in many industries.
Market Drivers:
The market drivers for propylene carbonate stem from its diverse range of applications and favorable properties. As a versatile chemical compound, propylene carbonate finds use in various industries, such as electronics, automotive, pharmaceuticals, and personal care. Its ability to dissolve different substances and act as a solvent makes it highly desirable. Additionally, it is environmentally friendly and has low toxicity, leading to increased demand in eco-friendly applications. Furthermore, propylene carbonate’s stability and high boiling point contribute to its use as a heat transfer fluid and electrolyte in lithium-ion batteries. The growing demand for these batteries in electric vehicles and portable electronic devices further drives the market for propylene carbonate.
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