Adipic Acid Production Cost Analysis 2021
Adipic acid is a platform chemical and is the most crucial commercial dicarboxylic acid. It is being used in biochemical conversion as an alternative to present chemical production routes.
Some of the leading companies to process this chemical include Rennovia, Verdezyne, Bio-Amber, and Genomatica. Moreover, Rennovia has developed a proprietary catalytic process technology with glucose as a raw material for the production of adipic acid.
Conventionally, adipic acid was used as an immediate precursor for the production of nylon and polyurethane. Apart from being used in the production of nylon, adipic acid finds applications in medical as well as in the food industries. Nowadays, it is being used as a gelling aid and also as an flavouring agent in food preparation. Moreover, it is also used in a polymeric coating of hydrophilic drugs and other controlled-release formulations in medical industries.
Adipic acid is considered by the International Energy Agency (IEA) as the most important dicarboxylic acid from an industrial point of view. It has been identified as an appropriate platform chemical for biobased production.
Procurement Resource provides an in-depth cost analysis of Adipic Acid production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer 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).