The latest report titled “PTA (Purified Terephthalic Acid) Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of PTA (Purified Terephthalic Acid).
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 PTA (Purified Terephthalic Acid) production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of PTA (Purified Terephthalic Acid) Production Process:
1. PTA (Purified Terephthalic Acid) Production Cost Via Hydrogenation of Crude Terephthalic Acid: This report presents the detailed production methodology and cost analysis of PTA (Purified Terephthalic Acid) industrial production across PTA (Purified Terephthalic Acid) manufacturing plants. To make PTA, crude terephthalic acid is obtained through the liquid phase air oxidation of p-xylene or the hydrolysis of polyethylene terephthalate. The crude terephthalic acid is added to an aqueous solution to create a slurry. This slurry is heated while hydrogen is introduced to reduce it in the presence of a catalyst. The hydrogenated PTA aqueous solution is then separated using a decanter centrifuge, and the resulting PTA cake is dried.
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Product Definition:
Purified Terephthalic Acid, commonly referred to as Tephthol, belongs to the benzene dicarboxylic acid family, featuring carboxy groups positioned at 1 and 4. It stands as one of three isomers within this group, alongside phthalic and isophthalic acids. With a chemical formula of C8H6O4 and a molecular weight of 166.13 g/mol, it serves as a crucial component in the production of various polyester-based products. These include yarns, fibers, polyethylene terephthalate, polybutylene terephthalate, and plasticizers.
Notably, synthetic fibers, which make up a significant portion—70 to 80%—of polyester goods, rely on Purified Terephthalic Acid (PTA) for their manufacture. PTA emerges as a more cost-effective alternative compared to dimethyl terephthalate (DMT) and finds extensive application in industries such as textiles and packaging.
Market Drivers:
Purified Terephthalic Acid (PTA) holds significant importance as a primary ingredient in various products, notably polyesters such as yarns, fibers, (poly)ethylene terephthalate, (poly)butylene terephthalate, and plasticizers. Its versatility extends across diverse sectors, prominently in packaging industries encompassing food and beverage packaging, pharmaceutical packaging, and more. Furthermore, polyester fibers, known for their affordability, flexibility, and adaptability, stand as a preferred choice in the textile industry. The demand for PTA is further bolstered by the inclination of bottle industries towards replacing glass alcohol bottles with Polyethylene Terephthalate (PET) bottles. Additionally, the global scale of crude oil refining, yielding paraxylene as a primary byproduct, is poised to drive substantial growth in the purified terephthalic acid market in the foreseeable future.
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