Propane is a 3-carbon alkane. It is found as a gas at standard temperature and pressure but is also compressible to a transportable liquid. Discovered in the year 1857 by the French chemist Marcellin Berthelot, it became available commercially in the United States from 1911 onwards.
Propane belongs to the group of liquefied petroleum gases or LP gases. It is a common choice for BBQs on portable stoves simply because its low boiling point makes it vaporise as soon as it is released from its pressurised container. Propane also powers several vehicles such as buses, forklifts, taxis, outboard boat motors, and ice resurfacing machines. It is widely used for heating and cooking in recreational vehicles or campers. Propane is also utilised in some locomotive diesel engines to improve combustion quality. Since it can be easily transported, it is popularly used for heat and backup electrical generation in isolated or sparsely populated areas which lack a natural gas pipeline connectivity.
Procurement Resource provides an in-depth cost analysis of Propane 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).
This report provides the cost structure of propane production from natural gas. In this method, crude oil, recovered from the oil wells, is sent to the gas trap where it is separated into wet gas and oil.
This report provides the cost structure of coal liquefication by direct liquefaction. In this process, coal is exposed to hydrogen at 450°C along with high pressure for one hour in the presence of recycled solvent and iron-based catalyst.
This report presents an analysis of capital and operating costs of a -based industrial plant. For those interested in economic assessments considering other plant locations, Procurement Resource offers optional analyses that complement this report.