Procurement Resource Analyses the Production Cost of Cumene in its New Report
Analyses Overview of The New Production Cost Report of Cumene
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Cumene. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labor wages, maintenance costs, financing charges, and depreciation costs. The extensive study describes the stepwise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the industry that might influence Cumene production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Isopropyl benzene, an organic molecule based on aromatic hydrocarbons with aliphatic substitution, is the chemical name for cumene. It’s a combustible, colorless liquid with a high boiling point of 152°C that’s found in crude oil and refined fuels. Cumene is produced industrially via the Friedel Crafts alkylation technique. For subsequent uses, it is processed into cumene hydroperoxide, an intermediate.
Factors Impacting the Cumene Production Cost:
Due to increased demand for phenol, acetone, and its derivatives, the worldwide cumene industry has seen considerable growth potential. Furthermore, throughout the projection period, economic expansion, an increase in per capita disposable income, and an increase in the usage of phenolic resins and bisphenol-A are expected to drive market growth. Furthermore, the worldwide market is expected to be fueled by rising demand for phenol in different sectors such as plastics, composites, and laminates.
Procurement Resource Assessment of Cumene Production:
The production cost report by Procurement Resource assesses the production of Cumene from benzene and propylene using the Friedel–Crafts alkylation process. Any of the catalysts, such as solid phosphoric acid (SPA) based on alumina, zeolite, or aluminium chloride, can be utilized to carry out the alkylation of benzene and propylene to produce cumene as the end product in this process.
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