The latest report titled “Perchloroethylene Production Cost” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Perchloroethylene.
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 production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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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 Perchloroethylene production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Perchloroethylene Production Process:
- From Huels Method: This report presents the detailed production methodology and cost analysis of Perchloroethylene industrial production across Perchloroethylene manufacturing plants. The Huels method entails the direct chlorination of ethylene, leading to the generation of a mixture of chlorinated hydrocarbons. This process yields carbon tetrachloride as one of the byproducts, alongside the production of perchloroethylene as the ultimate product.
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Product Definition:
Perchloroethylene, also known as tetrachloroethylene, is a colorless, nonflammable liquid with a sweet odor. Its chemical formula is C2Cl4. Perchloroethylene is widely used as a solvent in various industrial applications, particularly in dry cleaning and metal degreasing processes. Its high solvent power, stability, and relatively low toxicity make it valuable for cleaning textiles and removing grease and oil from metal surfaces. Additionally, perchloroethylene serves as a starting material in the production of certain chemicals, such as fluorocarbons. Despite its efficacy as a solvent, there are environmental and health concerns associated with its use, leading to increased exploration of alternative solvents in some applications. Proper handling and disposal practices are crucial to minimize potential risks associated with perchloroethylene.
Market Drivers:
Market drivers for perchloroethylene (PCE) are primarily rooted in its versatile applications in industries such as dry cleaning and metal degreasing. As a highly effective solvent with strong degreasing properties, PCE meets the demands of these industrial processes. The growth of the textile and metalworking sectors, along with the expanding automotive and aerospace industries, significantly influences the demand for perchloroethylene. Its use as a feedstock in the production of certain chemicals, like fluorocarbons, further contributes to market dynamics. However, it's important to note that environmental and health concerns related to PCE have led to regulatory scrutiny and a shift toward exploring more environmentally friendly alternatives in various applications. The overall economic growth and industrial activities continue to be significant factors influencing the perchloroethylene market.
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