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Ethyl Myristate Production Cost Breakup By Esterification Reaction

Details: Germany - based plant Q1 2024  | From $ USD

This report proffers the thorough economics of ethyl myristate production by esterification reaction. The synthesis is initialized by the chemical reaction between ethanol or ethyl alcohol and myristic acid. The reaction is carried out between the two compounds in the presence of an acidic catalyst, such as sulfuric acid, that helps in the condensation of the carboxylic group of myristic acid with the hydroxy group of ethyl alcohol. The reaction finally results in the production of ethyl myristate ester as the final product.

Top Producers of Ethyl Myristate

  • Procter & Gamble (P&G) Chemicals
  • KLK OLEO
  • Inoue Perfumery MFG
  • Godrej Industries
  • CREMER

Feedstocks for Ethyl Myristate

Ethyl myristate is a chemical ester produced by using ethanol and myristic acid as its primary feedstocks. The procurement of ethanol and myristic acid is mainly determined by its demand and market prices in the global market. The variations observed in its demand and prices of its feedstocks are observed due to different factors, including the availability of the raw materials from the upstream industries, production rate, and cost, along with transportation and logistics. Moreover, other factors such as sustainability and environmental concerns, and governmental policies altogether, play a vital role in determining the overall procurement of its feedstocks on a large scale.

The project economic analysis provided in the report discusses a Germany-based plant:

  • Manufacturing Process
    • Process Flow
    • Material Flow
    • Material Balance
  • Raw Material and Product's Specifications
    • Raw Material Consumption
    • Product and Co-Product Generation
    • Capital Investment
  • Land and Site Cost
    • Offsites/Civil Works
    • Equipment Cost
    • Auxiliary Equipment Cost
    • Contingency
    • Engineering and Consulting Charges
    • Working Capital
  • Variable Cost
    • Raw Material
    • Utilities
  • Fixed Cost
    • Labor Requirement & Wages
    • Overhead Expenses
    • Maintenance Charges
  • Financing Costs
    • Interest on Working Capital
    • Interest on Loans
  • Depreciation Charges
  • General Sales and Admin Costs
  • Production Cost Summary
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Report Content

Key Process Information

Evaluation of significant technical parameters along with process descriptions such as:

  • Consumption of Raw Material
  • Product Creation
  • Block Flow Diagram
  • Description of the Manufacturing Facility

Utilities Consumption

Evaluation of utilities consumed during the entire process based on:

  • Consumption per unit of product generated
  • Utility cost split and share of each utility in the total cost

Process Flow Diagram

Representation of various operations involved including:

  • Step-wise process
  • Utility consumption in each operation

Capital Cost Analysis

In-depth analysis of costs involved in setting up a new manufacturing unit, including:

  • Cost of Building a Process Unit
  • Cost of Setting Up the Infrastructure
  • Working Capital
  • Commissioning & Start-Up of the Plant

Implementation Schedule

Time frame of the project design, which includes:

  • Plant Start-Up
  • Plant Construction
  • Engineering Fundamentals
  • Raw Material Procurement

Construction Cost Details

Detailed analysis of costs involved in the operation of various functional units in the process unit and infrastructure.

Operating Cost Analysis

Evaluation of costs associated with the production of the final product, namely:

  • Procurement of Raw Materials
  • Consumption of Utilities
  • Fixed Costs
  • Depreciation

Economic Analysis

Analysis of the way in which process economics are impacted by plant capacity.

  • Construction Cost
  • Working Capital
  • Fixed and Variable Operating Costs
  • Corporate Overhead
  • Depreciation

Customized Analyses

Detailed cost estimates of any industrial plant depending on your requirements, including plant capacity and location as per the need.

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