The latest report titled “Terephthalic Acid Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Terephthalic Acid.
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 Terephthalic Acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Terephthalic Acid Production Process:
1. Terephthalic Acid Production Cost From p-Xylene: This report presents the detailed production methodology and cost analysis of terephthalic acid industrial production across terephthalic acid manufacturing plants. In this process, acetic acid, catalyst solution, and P-xylene are combined and processed in the oxidation reactor. Then by oxidizing the solution, terephthalic acid is formed.
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Product Definition:
Terephthalic Acid, also called Benzene-1,4-dicarboxylic acid, is a white powder used in the production of polyethylene terephthalate (PET) and other petrochemical derivatives. These derivatives are utilized in various industries, including packaging and textiles. However, crude terephthalic acid obtained from the oxidation reaction of p-xylene contains impurities, such as 4-carboxy benzaldehyde and colored polyaromatics. Therefore, terephthalic acid undergoes a purification process before being utilized as an intermediate in the petrochemical industry. Its chemical formula is C8H6O4, and its molecular weight is 166.13 g/mol. It has various applications in several sectors, such as packaging, paint and coatings, textile, etc.
Market Drivers:
Terephthalic Acid's derivative is Polyethylene, Polybutylene, poly trimethylene, and Dimethyl Terephthalate, all with immense importance across industries. This product has a wide range of applications in the production of packaging, fibers, paints and coatings, etc. which are further employed in various sectors such as automobile, construction, textile, and many others. It is used in the production of polyester fibers which are high in strength and durability. Due to this, it is an essential product used in home furnishing, automotive textiles, and other industrial operations. The growth in these industrial sectors increases the demand for polyester fibers which further fuels the market growth of Terephthalic acids.
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