Syngas Production Cost Analysis 2021
Syngas, also known as synthesis gas, is a fuel gas. It is a mixture of gases that are composed of primarily hydrogen, carbon monoxide, and very often some carbon dioxide. The name, i.e., syngas comes from its use as intermediates in creating synthetic natural gas or SNG, while creating ammonia or methanol.
Syngas is generally a product of coal gasification, and the primary application of it is electricity generation. It is combustible and can be used as a fuel of internal combustion engines. It has been used as a substitute for gasoline whenever the gasoline supply is short or limited.
Syngas can be manufactured or created from several sources like natural gas, coal, biomass, or virtually any hydrocarbon feedstock, with a reaction with steam or steam reforming, carbon dioxide, or dry reforming or oxygen, i.e., partial oxidation. Syngas is an essential intermediate resource for the manufacturing of hydrogen, ammonia, methanol, and synthetic hydrocarbon fuels. Moreover, it is also used as an intermediate chemical compound while manufacturing synthetic petroleum to be used as a fuel and lubricant through the Fischer–Tropsch process and previously the Mobil methanol to gasoline process.
Procurement Resource provides an in-depth cost analysis of Purified Syngas 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).