Octene Production Cost Analysis 2021
Octene is an organic compound having a formula CH2CHC6H13. It is a colourless liquid. Its alkene is ranked as a higher olefin and alpha-olefin, implying that its double bond is located at the alpha (primary) position, giving this compound a higher reactivity and, thus, useful chemical properties. Octene is one of the crucial linear alpha olefins in industry.
In industry, octene is usually manufactured by two main ways:
- Oligomerization of Ethylene
- Fischer–Tropsch synthesis followed by purification.
Before the 1970s, octene was also manufactured by thermal cracking of waxes, while the linear internal octenes were manufactured by chlorination/dehydrochlorination of linear alkanes.
Octene that has been used on a small scale commercially can be used for the dehydration of alcohols. The main use of octene that is commonly seen is as a comonomer in the production of polyethene. High-density polyethene or HDPE and linear low-density polyethene or LLDPE use approximately 2–4% and 8–10% of comonomers, respectively. Another notable use of octene is for the manufacturing of linear aldehyde via oxo synthesis (hydroformylation) to give the C9 aldehyde (nonanal).
Procurement Resource provides an in-depth cost analysis of Purified Octene 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).