The latest report titled “Cumene manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Tomato paste.
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 Cumene manufacturing process, that might influence Cumene manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Cumene has the chemical formula C9H12 and is an aromatic hydrocarbon. It has a unique sweet, fruity scent and is colorless. The substance is made up of a Cumene ring and an isopropyl group (CH3)2CH-. The high volatility of cumene, which easily evaporates at room temperature, is one of its major characteristics. Additionally, it is extremely combustible and can combine explosively with air. In the petrochemical industry, it is a crucial intermediate. It is largely utilized in the cumene oxidation process, which produces phenol and acetone. It is also utilized as a solvent in industrial processes and as a component in fuel blending. It has good solvency properties and is often employed in the manufacturing of paints, coatings, and cleaning agents.
Market Drivers:
The need for phenol and acetone is one of the main drivers of the cumene market. It is an essential raw material in the oxidation of cumene to produce phenol and acetone. Plastics, resins, adhesives, and the pharmaceutical industry are some industries that utilize phenol extensively. The need for cumene is fueled by the expansion of these industries, which is fueled by population increase, urbanization, and consumer demand. The automobile and construction sectors are other important drivers. Cumene is used as a solvent in producing paints, coatings, and adhesives, all of which are necessary for the building and automobile industries. The need for driven by the expansion of infrastructure, residential and commercial buildings, and automobile production.
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Some of the common requests we receive from our clients include:
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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.
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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