Procurement Resource Analyzes Cost of Production of PET (Polyethylene Terephthalate) in New Report
Analysis overview of the new PET (polyethylene terephthalate) production cost report
The new report from Procurement Resource, a global procurement research and advisory firm, takes an in-depth look at the costs of producing PET. The comprehensive report analyzes the cost of producing the material, covering raw material costs and co-product credit, equipment costs, land and site costs, labor wages, maintenance, financing costs and depreciation costs. The in-depth study outlines the step-wise consumption of materials and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the PET industry that could influence production costs, by examining capacity expansions, plant turnarounds, mergers, acquisitions and investments.
Polyethylene terephthalate (PET) is the most common thermoplastic polymer resin from the polyester group and is used in textile fibers, beverage and food containers, thermoforming, and engineering resins when combined with fiberglass. PET is made up of repeating units of the monomer ethylene terephthalate that have been polymerized. PET is systematically recycled and bears the identification number 1 for its resin.
Factors affecting the cost of production of PET:
The packaging segment has the greatest market potential in the PET industry, due to the growing need for PET materials for efficient and environmentally friendly packaging options around the world, and the growing demand packaged and processed foods. Additionally, an increase in consumer preference for efficient and easily recyclable beverage containers and an increase in their use as an eco-friendly substitute is contributing to the expansion of this market sector. Due to the steady increase in per capita disposable income and increasing demand for lightweight materials, the use of PET in electrical and electronic applications has expanded significantly.
Assessment of PET production supply resources:
This research details the cost structure of producing PET by the esterification of terephthalic acid and ethylene glycol. At moderate pressure (2.7-5.5 bar) and high temperature (220-260 ° C), the procedure is carried out. The reaction removes water, which is also continuously removed by distillation. The report also includes an analysis of the manufacturing costs of PET via the DMT method. In the presence of a basic catalyst, dimethyl terephthalate is reacted with excess ethylene glycol in the melt at 150–200 degrees Celsius. Distillation of methanol serves to drive the reaction forward. Ethylene glycol is distilled under vacuum at a higher temperature. The second transesterification process occurs simultaneously at 270–280°C.
We provide many industries reports with comprehensive analysis, for this you should visit our sourcing resource website, apart from this we also provide latest price trends of various products including the price of potato, the price of chloroform and the price of kerosene.
Procurement Resource ensures that our clients remain at the forefront of their industries by providing actionable procurement insights with the assistance of our expert analysts, researchers and subject matter experts. Our team of highly experienced analysts undertake extensive research to provide our clients with the latest and latest market reports, cost models, price analysis, benchmarking and category information, which helps simplify the procurement process for our customers. We work with a wide range of procurement teams from all industries to gain real-time data and insights that can be effectively acted upon by our customers. We also track prices and production costs for a wide range of goods and commodities, providing you with up-to-date and reliable data. At Procurement Resource, with the help of the latest and leading techniques in the industry, we help our clients understand the supply chain, supply and climate of the industry, so that they can develop strategies that ensure their optimal growth.
Company Name: Claight Company
Contact person: Pretty Alexa
Number free of charge: USA and Canada: +1-415-325-5166 | Europe and Africa: +44-702-402-5790 | APAC: +91-8586081494
Address: 30 North Gould Street, Sheridan, WY 82801, United States
Reference link: https://takeitcool.com/production-cost-of-pet-polyethylene-terephthalate/