Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.

The study offers a detailed cost analysis of Formic Acid Production via hydrogenation of Carbon Monoxide. In addition, the report incorporates the manufacturing process with detailed process and material flow, operating costs along with financial expenses and depreciation charges.
Last Updated: January, 2025
This production cost report for formic acid comprises extensive cost model and process flow for formic acid manufacturing by the hydrogenation of carbon monoxide. In this process, carbon monoxide is hydrogenated by mixing it with water under high pressure and temperature in the presence of catalysts like palladium or platinum. This method utilizes a base, typically sodium hydroxide, to stabilize the reaction environment, facilitating the direct synthesis of formic acid.
The project economic analysis provided in the report discusses a Germany-based plant:
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