Procurement Resource Analyses the Production Cost of Bio-Propanediol in its New Report
Analyses Overview of The New Production Cost Report of Bio-Propanediol
The new report by Procurement Resource, a global procurement research, and consulting firm, looks in-depth into the costs involved in the production of Bio-Propanediol. 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 Bio-Propanediol production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
1,3-Propanediol is a bifunctional organic molecule that may be made either chemically or biologically. The chemical formula for 1,3-propanediol is CH2(CH2OH) 2. The three-carbon diol 1,3-propanediol is a colorless viscous fluid that is soluble in water. Polymers such as polytrimethylene terephthalate and polyurethane, paints and varnishes, resins, and adhesives, use 1,3-propanediol as a building component. Chemically, it may be made from petrochemicals like propenal or ethylene oxide. Fermentation of glycerol or fermentation of sugars is part of the bio-based pathway. Inhalation of either the vapor or an aerosol combination containing 1,3-propanediol poses no appreciable risk.
Factors Impacting the Bio-Propanediol Production Cost:
Customers’ preferences for bio-based products are changing all around the world. Companies have been driven to invent and promote sustainable goods as consumer awareness has grown, government rules have become more severe, and traditional resources have been depleted. One such molecule that is thought to be popular is 1,3-propanediol. Bio-based propanediol is more sustainable since it is made from renewable resources like maize sugar and crude glycerin. 1,3-propanediol, on the other hand, is utilized to replace petroleum-based glycols such as propylene glycol, butylene glycol, and glycerin. These goods are less expensive than 1,3-propanediol, which is used in cosmetics, personal care and cleaning products, pharmaceutical and nutritional supplement products, and food and taste applications.
Procurement Resource Assessment of Bio-Propanediol Production:
The production cost report by Procurement Resource assesses the production of Bio-Propanediol from corn syrup via fermentation. A genetically engineered strain of E. coli is employed to convert corn syrup into bio-propanediol in this method.
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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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