The new report by Procurement Resource, a global procurement research and consulting firm, looks in-depth into the costs involved in the production of ethylene. 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, labour wages, maintenance costs, financing charges, and the depreciation costs. 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 ethylene 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 ethylene from steam cracking and many more@ https://www.procurementresource.com/cost-analysis/ethylene-producti...

Ethylene, also known as ethene, is a flammable and colourless gas, which has a slightly sweet and musky odour. Its molecules are non-polar, meaning, it is soluble in non-polar solvents and not soluble in polar solvents. Ethylene is a crucial natural plant hormone and is used widely in agriculture to force the ripening of fruits. It is mostly used in the chemical industry, and much of its production goes towards the manufacturing polyethylene.

Ethylene is widely used in the chemical industry and is the main component in the manufacturing of polyethylene and ethylene glycol. The demand for these two chemicals is anticipated to grow in the coming years. China, the United States of America, Europe, and the rest of the Asia Pacific are the key players in the market. The ethylene production in the Asia Pacific was affected in June and July 2020 as the major producers in Japan and China abstained from supplying ethylene due to their plants were undergoing maintenance. But the loss was compensated by the resumption of downstream activities in China after the COVID-19 outbreak subsided in the country. In the European nations, the demand for ethylene derivatives involved in the packaging and medical or hygiene sectors witnessed a boost amidst the pandemic. In the United States of America, meanwhile, the demand for food packaging, personal protective equipment (PPE), medical supplies, and cleaning chemicals has been buoying the ethylene market since Q2 of 2020, offsetting the lower derivative demand caused by the widespread shutdowns across the United States, which led to the slower rate of consumer spending, construction, and manufacturing. These factors are expected to inform the ethylene production costs.

Read the full production cost analysis report of Ethylene@ https://www.procurementresource.com/production-cost-report-store/et...

The production cost report by Procurement Resource assesses the production of ethylene via steam cracking. In this process, a hydrocarbon carbon like ethane and steam are heated up at 750-950°C. During this heating, the large hydrocarbon is transformed into a lower hydrocarbon, and this causes unsaturation, resulting in the production of ethylene.

Also, Read Price Trends of Ethylene@ https://www.procurementresource.com/resource-center/ethylene-price-...

About Us:

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.