The latest report titled “Benzene manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Benzene.
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, manufacturing 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, including Benzene manufacturing process, that might influence Benzene manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Benzene (C6H6) or benzol is a clear, colourless, or light-yellow liquid chemical compound with a sweet gasoline-like odour. It is naturally found in crude oil, volcanoes, gasoline, forest fires, and cigarette smoke. It is the simplest organic, aromatic hydrocarbon derived from crude oil refining. It is highly flammable, easily evaporated in the air, slightly soluble in water, and fully soluble in organic solvents. It is a toxic and carcinogenic compound in nature. The chemical’s respective boiling and melting points are 80.5°C and 5.5°C, and its flash point is less than 0 °F.
Market Drivers:
The Benzene industry is propelling forward owing to the chemical’s use in the manufacturing of other chemicals (such as cyclohexane, nitrobenzene, ethylbenzene, cumene, and alkylbenzene, among others) that have further employment in the production of resins, nylon, and synthetic fibres as well as plastics like ABS. Furthermore, it produces some types of lubricants, rubbers, explosives, dyes, detergents, drugs, and pesticides. It is employed in industrial processes for metal degreasing. Also, it finds use in the production of polystyrene and nylon fibres and to prepare phenol and aniline that has further usage in making dyes and dodecylbenzene, which is added in detergents.
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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.
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