The new report by Procurement Resource, a global procurement research and consulting firm, looks in-depth into the costs involved in the production of terephthalic acid. The comprehensive report analyses the production cost of the material, covering raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and the depreciation cost. The extensive study describes the step-wise consumption of material and utilities, along with a detailed process flow diagram. The report also assesses the latest developments within the terephthalic acid industry that might influence the costs of production, looking into the capacity expansions, plant turnarounds, and mergers, acquisitions, and investments.

Download a free sample of the production cost of terephthalic acid production from pxylene and many more@ https://www.procurementresource.com/cost-analysis/terephthalic-acid...

Terephthalic acid is an organic compound, which appears as a white solid. It is majorly used as a precursor to the polyester PET, which is further used to make clothing and plastic bottles. It is also used to manufacture polyester coatings for general metals, appliances, automotive, industrial maintenance, coil coatings, and more.

Amidst the COVID-19 pandemic, the demand for terephthalic acid did not drop due to its applications in the chemical as well as the pharmaceutical field. The supply-demand chain has been maintaining balance with steady growth patterns. Meanwhile, BP Zhuhai Chemical Co. Ltd., a purified terephthalic acid producer, has recently received approval from Zhengzhou Commodity Exchange as a designated warehouse from March 20th onwards. This will further allow internationalising of the Zhengzhou exchange’s PTA future contracts. This contract for the exchange of PTA was proposed by Zhengzhou in mid-January with four other contract options, including white sugar, cotton, methanol, and rapeseed meal. These factors are expected to influence the production cost of terephthalic acid.

Read the full production cost analysis report of Terephthalic Acid@ https://www.procurementresource.com/production-cost-report-store/te...

The production cost report by Procurement Resource assesses the production of terephthalic acid via p-Xylene. In this process, p-Xylene acts as a feedstock through a catalytic oxidation process. Before being processed into the oxidation reactor, p-Xylene is treated with an acetic acid solvent and a catalyst solution. Within the reactor, p-Xylene is oxidised to form terephthalic acid, but most of the product is precipitated. This crude terephthalic acid is then sent for purification.

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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.