The latest report titled “Propane Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Propane.
|Process Included||Propane Production From Petroleum Refining
Propane Production From Natural Gas
|Currency||US$ (Data can also be provided in local currency)|
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Basic: US$ 1499
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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, production 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.
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 that might influence Propane production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Propane Production Process:
1. Propane Production From Petroleum Refining: This report covers a detailed cost analysis of Propane production using Petroleum Refining. During the process, a gas trap is used to separate oil and wet gas from crude oil. The compounds are separated by the fractional distillation method at different temperatures. Next, the petroleum gas is evaporated, which evaporates at a temperature below 110°C and is cooled down. The petroleum gas's liquefied state undergoes the process of cracking and reforming in order to separate the gases like butane, propane, and isobutane.
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2. Propane Production From Natural Gas: This report presents the economics of Propane production from Natural Gas. Using this method, crude oil derived from oil wells is sent to a gas trap where wet gas and oil are separated. The wet gas gets piped to a gasoline absorption plant where it is pumped via an absorption oil which is separated from the mixture, called wild gasoline. Wild gasoline is divided into liquid gasoline and LPG. The LPG is further separated into butane, propane, and isobutane.
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Propane or liquefied petroleum gas is colourless, nontoxic, and virtually odourless, which gets an odour added, so it is identifiable. It is a clean, safe, reliable, and powerful fuel that is used as energy worldwide. It's a three-carbon alkane gas (C3H8) stored under pressure inside a tank.
The Propane market is rapidly expanding as the demand for it from various industries is rising. In addition, the high demand for clean-burning fuels as a result of growing environmental concerns is boosting the market's demand. It is also employed in many industrial applications, including soldering, shrink-wrapping, heat treatment, cutting and brazing, and preheating, which will bolster the market demand.
Furthermore, the increasing adoption of propane in the energy sector for electricity generation will propel the market further. Other factors, including rapid industrialization, product innovations, the growing popularity of propane-based agricultural engines, ongoing research, and development (R&D) activities, and technological advancements, will likely to augment the industry's expansion.
Key Questions Answered in the Propane Production Cost Report:
• What are the key drivers propelling the Propane market?
• What are the various processes used for Propane production?
• What are the raw materials required to produce Propane?
• What are the different operations units involved in the production of Propane?
• What are the manpower and utility requirements in the production process of Propane?
• What are the various costs engaged in the production of Propane?
• What are the construction costs involved in setting up a Propane production facility?
• What are the working capital requirements?
• What is the process of raw material procurement for Propane production?
• What is the time frame for Propane plant start-up?
• What is the pricing mechanism of Propane?
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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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