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 or benzol (C6H6) is a clear, colourless, or light-yellow liquid chemical compound which is naturally found in forest fires, gasoline, volcanoes, crude oil, and cigarette smoke. It is a simple organic and aromatic hydrocarbon with a sweet smell resembling gasoline. It is extremely flammable and quickly evaporates in the air. It is slightly water soluble and floats on it. However, it is not soluble in organic solvents. It has a boiling and melting point of 80.5°C and 5.5°C, respectively. By nature, it is extremely toxic and carcinogenic.
Market Drivers:
Benzene is mainly used as a chemical intermediate for producing other chemicals like cyclohexane, nitrobenzene, ethylbenzene, cumene, and alkylbenzene, among others which have further usage in producing resins, plastics such as nylon, ABS, and synthetic fibres. It also facilitates the production of other products like lubricants, rubbers, explosives, dyes, detergents, drugs, and pesticides. In the textile sector, it supports the production of polystyrene and nylon fibres. Also, it is employed for making phenol and aniline, which are employed to produce dyes and dodecylbenzene (included in detergents). Also, it has usage in carrying out industrial processes like metal degreasing etc., which in turn bolster the industry’s development.
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Some of the common requests we receive from our clients include:
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- Customizing machinery suppliers and costs to meet your requirements.
- Providing additional information to the existing scope based on your needs.
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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 manufacturing costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.
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