The latest report titled “Ammonium Nitrate 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 Ammonium Nitrate.
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.
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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 Ammonium Nitrate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Ammonium Nitrate Production Process:
1. Ammonium Nitrate Production From Metal Nitrates: The report is a detailed cost analysis of the production of ammonium nitrate by a typical metathesis reaction. In this method, salts of ammonium react with metal nitrates causing a displacement and forming Ammonium Nitrate salt.
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2. Ammonium Nitrate Production From Ammonia: The report is a detailed study of the economics of ammonium nitrate by the reaction of nitric acid on anhydrous ammonia. The reaction results in an aqueous ammonium nitrate solution. In the next stage, after the formation of the solution, the excess water is evaporated and then transformed into small beads and industrially used.
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Product Definition:
Ammonium Nitrate (NH4NO3) is an ammonia and nitric acid crystalline solid, which is an ionic salt including ammonium cation (NH4) + and the nitrate anion (NO3). Produced in huge amounts, it is a colourless substance that is water-soluble. It has a melting point of 169.6 °C [337.3 °F]. It's melting, and boiling points are 442.8K (169.6oC) and 483K (210oC).
Market Drivers:
The market for Ammonium Nitrate is being driven by the wide application of the product in fertilizers which is a nutrient used to produce antibiotics and yeast. In addition, it finds application in making explosives for modifying the explosive's detonation rate in explosives like nitroglycerin which is propelling the market forward. Additionally, it finds application in products like pyrotechniques, herbicides, and insecticides, as well as in the production of nitrous oxide, which is furthering the market expansion. Furthermore, it functions as an absorbent for nitrogen oxides, as a rocket propellants oxidizer, in freezing mixtures as an ingredient, and in yeast and antibiotics as a nutrient which further boosts the market growth.
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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 undertakes 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.
Procurement Resource 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. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with 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 that ensure their optimum growth.
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