November 22, 2024
Oleum Production Cost

The latest report titled “Oleum Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Oleum.

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 Oleum production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Oleum Production Process:

  1. From Contact Process: This report presents the detailed production methodology and cost analysis of Oleum industrial production across Oleum manufacturing plants. The preparation process begins with the oxidation of sulfur, forming sulfur dioxide. This sulfur dioxide is then reacted with oxygen in the presence of a catalyst, such as vanadium pentoxide, to produce sulfur trioxide as an intermediate. The intermediate is further reacted with water to yield sulfuric acid as the end product. Finally, the sulfuric acid is dissolved in sulfur trioxide to produce oleum, also known as fuming sulfuric acid.

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Product Definition:

Oleum, or fuming sulfuric acid, has the chemical formula H2SO4.SO3 and is a thick, yellow-colored fluid consisting of two hydrogens, seven oxygen, and two sulfur atoms, with a molecular weight of 178.15 g/mol. It is derived from sulfuric acid through the contact process and is known for its high toxicity and corrosiveness, along with a distinct odor. When mixed with water, it forms sulfuric acid. Oleum has a density of 1.91 g/cm3 at 25 °C and is non-flammable and stable under normal conditions, but decomposes when heated, releasing toxic sulfur oxide fumes. As an inorganic acid, oleum is used in various industries, including petrochemicals, dyestuffs, and chemicals. It is employed as a sulfonating agent in chemical reactions and finds application in the production of fertilizers in the agrochemical sector. Additionally, it is used for nitration and sulfonation reactions, as well as in the production of hydrofluoric acid. Oleum plays a role in commercial operations such as nylon production and in the preparation of coatings, dyes, paints, and printing inks. It is also utilized as a sulfonating agent in the production of explosives and petroleum products.

Market Drivers:

The demand for oleum is primarily driven by its extensive use as a sulfonating acidic chemical in the petrochemical, agrochemical, and chemical industries. Its role as an additive for sulfur-containing fertilizers contributes to its demand in the agrochemical sector. Oleum is a key component in various chemical reactions and serves as a sulfonating agent in the production of compounds like sulfuric acid and hydrofluoric acid, further boosting its demand in the chemical industry. Additionally, its involvement in the manufacturing of petroleum-based products such as explosives, dyestuffs, and coating chemicals increases its demand as a petrochemical component. These diverse applications of oleum as an acidic compound drive its demand and influence its procurement. Therefore, fluctuations in demand and supply directly impact the procurement of oleum worldwide.

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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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