Methyl Alcohol Production Cost Analysis 2021
In appearance, methyl alcohol (CH3OH) is a colourless liquid with a strong odour. It is a light, volatile, flammable liquid with a distinctive odour similar to that of ethanol or drinking alcohol. It is the simplest alcohol, with a methyl group linked to a hydroxyl group.
Methyl alcohol is used in several industries. For example, it is used in solvents, deicers, and in the manufacturing of plastics, polyesters, and other chemicals. With over 20 million tons produced annually, it is used as a precursor to other commodity chemicals, for example, formaldehyde, acetic acid, methyl tert-butyl ether, as well as a host of more specialized chemicals.
Methyl alcohol is largely manufactured industrially by the hydrogenation of carbon monoxide in the presence of a catalyst. It is also increasingly being produced by syngas, a mixture of hydrogen and carbon monoxide, which is extracted from biomass. It is often converted to formaldehyde, which finds its applications in sectors like polymers. The conversion entails oxidation.
Procurement Resource provides an in-depth cost analysis of Purified Methyl Alcohol 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).