Tannic Acid Production By Solvent Extraction Method
Production Cost Report | Food and Beverages
Details: Germany - based plant Q2 2024 | From $ USD
This report proffers the thorough economics of tannic acid production by solvent extraction method. Tannic acid is a type of tannin obtained from Aleppo gallnuts (grown on the Aleppo oak tree). The gallnuts that are obtained from the oak trees are then ground into powder and treated with a mixture of solvents (including water, ethanol, methanol, acetone, and other ionic liquids, etc.). The soaked plant powder undergoes an infrared-assisted and ultrasonic extraction process, followed by filtration, purification, and crystallization, leading to the production of tannic acid as the final product.
Top Producers of Tannic Acid
- Nutra Green Biotechnology
- Tannin Corporation
- Avenex Chemical Technologies
- Silvateam
- Vigon International
Feedstock for Tannic Acid
Tannic acid is an organic compound prepared by using Aleppo gallnuts and solvents such as ethanol, methanol, and acetone as some of its primary raw materials. The procurement of tannic acid is influenced by some major factors related to its market dynamics, including the harvesting cost of gallnuts from oak trees (for tannin-based plant powder used to produce tannic acid), as well as variations in the production cost and market prices for tannic acid, etc. Additionally, factors such as the stability in the supply chain, governmental policies, socioeconomic factors, the supply chain, logistics, and trading activities also impact its procurement worldwide. Similarly, the demand observed for tannic acid in the downstream industries (for the production of medicines and cosmetic products) also plays a crucial role and governs its procurement.
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
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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