Procurement Resource Presents The Production Cost Of Oxalic Acid In Its New Report | ProcurementResource.com

(MENAFN- iCrowdNewsWire) Procurement Resource Presents The Production Cost Of Oxalic Acid In Its New Report | ProcurementResource.com
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iCrowdNewswire   Dec 3, 2020  1:41 AM ET

The new report by Procurement Resource , a global procurement research and consulting firm, looks in-depth into the costs involved in the [To enable links contact MENAFN] production of oxalic acid . The comprehensive report analyses the production cost of the material, covering raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and the depreciation cost. The extensive study describes the step-wise consumption of material and utilities, along with a detailed process flow diagram. The report also assesses the latest developments within the oxalic acid industry that might influence the costs of production, looking into the capacity expansions, plant turnarounds, and mergers, acquisitions, and investments.

Download a free sample of the production cost of oxalic acid from sugar and many more@

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Oxalic acid is an organic compound, which is also known as 'crab acid.' It is found in a white crystalline solid-state, which forms a colourless solution when mixed with water. Oxalic acid is an important chemical in the dyeing industry as a mordant. It is also used as an acidic rinse in laundries, bleaches, and as a reagent in lanthanide chemistry, among more. Oxalic acid has some niche uses as well as an ingredient in a tooth whitening agency, cleaning minerals, ammonium anodizing, and as a repelling agent in beekeeping.

The recent turmoil in the world due to the COVID-19 pandemic has affected the overall [To enable links contact MENAFN] chemical industry demand, but a new carbon dioxide scrubber has paved some new opportunities for the oxalic acid industry. This scrubber converts the captured carbon dioxide into oxalic acid and also allows for a more cost-efficient extraction of rare earth metals. Moreover, the carbon dioxide concentration in the flue gas will be lowered to 4% as compared to 8% earlier. The researchers aim to reduce it to 2%. Also, the production of a new solution from oxalic acid to treat Varroa mite for beehives has become a major breakthrough in the oxalic acid industry. This solution offers a higher efficiency as compared to other solutions made from oxalic acid. These factors are expected to influence the production cost of oxalic acid.

Read the full production cost analysis report of Oxalic Acid@ [To enable links contact MENAFN]

The [To enable links contact MENAFN] production cost report by Procurement Resource assesses the production of oxalic acid via [To enable links contact MENAFN] oxidation of sugar . Oxalic acid is mainly produced through the oxidation of carbohydrates like glucose/sugar using [To enable links contact MENAFN] nitric acid or air, in the presence of vanadium pentoxide.

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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable?procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices?and production costs?of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

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