Gasoline Production Cost Analysis 2020
Gasoline is a colourless petroleum-derived flammable liquid, which is widely used as a fuel in most spark-ignited internal combustion engines. It is made up of organic compounds derived by the fractional distillation of petroleum, enhanced with a variety of additives. Other chemicals are also added frequently into gasoline to boost the chemical stability and performance. Doing so also controls corrosiveness and provides fuel system cleaning. Gasoline, thus, may comprise of oxygen-containing chemicals such as ethanol, MTBE, or ETBE to improve combustion.
Since it is less dense than water, it easily floats on water. Thus water cannot be used to extinguish a gasoline fire unless and until applied in a fine mist. Quality gasoline ought to be stable for six months (more or less) if stored properly. By weight, gasoline weighs about 46.7 MJ/kg or about 13.0 kWh/kg 21.2 MJ/lb, and by volume, it contains about 33.6 megajoules per litre (9.3 kWh/l or 127 MJ/US gal or 121,000 Btu/US gal).
Procurement Resource provides an in-depth cost analysis of Gasoline 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).