Procurement Resource Analyses the Production Cost of Acetylene in its New Report
Analyses Overview of The New Production Cost Report of Acetylene
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Acetylene. 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 Acetylene production cost, looking into the capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Acetylene, also known as ethyne, is the most basic and well-known hydrocarbon, consisting of one or more pairs of carbon atoms linked by triple bonds. The acetylenic series, or alkynes, is the name given to this group of compounds. It’s a colorless, flammable gas that’s used as a fuel in oxyacetylene welding and metal cutting, and raw material in the production of a wide range of organic compounds and polymers.
Factors Impacting the Acetylene Production Cost:
The most common applications for acetylene are oxyacetylene cutting, heat treatment, and welding. Bulk acetylene is also utilised as a raw material in the chemical industry to make organic molecules including acetaldehyde, acetic acid, and acetic anhydride, among others. Acetylene has the greatest flame temperature due to its triple bond structure. When acetylene is burned with oxygen, it reaches a flame temperature of 3090°C (5594°F), producing 54.8 kJ/liter of energy. Acetylene may be used in metalworking applications such as cutting, welding, soldering, and brazing because of its high flame temperature. The market for acetylene is expected to rise as metalworking applications expand.
Procurement Resource Assessment of Acetylene Production:
The production cost report by Procurement Resource assesses the production of Acetylene by the partial combustion of methane. In 1983, this approach generated around 400,000 tonnes.
The cost of producing acetylene by reacting calcium oxide with coal in an electric furnace to make calcium carbide, which is then hydrolyzed to produce acetylene and calcium hydroxide as a by-product, is also mentioned in the paper. Another process of producing acetylene is by using natural gas through a high-power electric arc furnace that employs a direct current to crack natural gas into acetylene, which is later recovered from the reactor.
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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 undertake 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. We 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. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the 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 which ensure their optimum growth.
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