The latest report titled “ Ethylene Glycol 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 Ethylene Glycol.
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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 Ethylene Glycol production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
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Ethylene glycol is a clear and colorless chemical composite. The structural formula of Ethylene glycol is (CH2OH)2, and its molecular weight is 62.07 g/mol. The ethylene glycol is created by the hydrolysis of ethylene oxide with water, which further constructs a blend of thick ethylene glycol. Ethylene glycol can absorb water easily, it is odorless and has a very sweet taste.
The rising usage of ethylene glycol propels the Ethylene Glycol Market as an intermediate in several chemical reactions. A wide range of possible derivatives can be produced when Hydroxyl groups on glycols undergo the usual alcohol chemistry enabling ethylene glycol to act as an intermediate in numerous reactions, especially resin formation, further boosting its demand. In addition, the increasing demand for textile and PET resin products will expand the market's growth. Also, Other uses of the product, including ethylene glycol as an antifreeze, runway de-icing fluids, a dewatering agent, coolant, hydrate inhibition, heat transfer agent, and precursor to polymers, will likely proliferate the industry's expansion.
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 production 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 strategies so that they can form strategies that ensure their optimum growth.
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