Palmitic Acid Production By Solvent Extraction Method

This report entails the detailed cost evaluation of palmitic acid production by solvent extraction method. The preparation process is initiated by deacidifying palm oil obtained from palm trees. The process is initiated by treating palm oil with ethanol, which results in deacidifying palm oil on heating and results in the production of palmitic acid as the final product.

Top Producers of Palmitic Acid

• AkzoNobel N.V.
• BASF SE
• Emery Oleochemicals
• Baerlocher GmBH
• Vantage Speciality Chemicals, Inc.

Feedstocks for Palmitic Acid

Palmitic acid is an organic chemical obtained by using palm oil as its major feedstock. The procurement of palmitic acid and palm oil depends upon different factors such as the harvesting cost, processing cost, market prices, trading and transportation activities etc. Additionally, factors including the demand observed in the downstream cosmetics and pharmaceutical industries along with the food and beverages sector, stability in the supply chain, economic conditions, weather conditions, and financial and governmental policies altogether play a prominent role in determining its procurement on a large scale.

The project economic analysis provided in the report discusses a Germany-based plant:

• Manufacturing Process
  • Process Flow
  • Material Flow
  • Material Balance
• Raw Material and Product's Specifications
  • Raw Material Consumption
  • Product and Co-Product Generation
  • Capital Investment
• Land and Site Cost
  • Offsites/Civil Works
  • Equipment Cost
  • Auxiliary Equipment Cost
  • Contingency
  • Engineering and Consulting Charges
  • Working Capital
• Variable Cost
  • Raw Material
  • Utilities
• Fixed Cost
  • Labor Requirement & Wages
  • Overhead Expenses
  • Maintenance Charges
• Financing Costs
  • Interest on Working Capital
  • Interest on Loans
• Depreciation Charges
• General Sales and Admin Costs
• Production Cost Summary