The latest report titled “Caustic Soda manufacturing” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the manufacturing process of Caustic Soda.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, manufacturing cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry, including Caustic Soda manufacturing process, that might influence Caustic Soda manufacturing cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Product Definition:
Caustic Soda or sodium hydroxide (NaOH), also known as lye, is a white waxy, odourless solid alkali salt. It’s classed as a sodium hydrate which is caustic or corrosive. It can be shaped like flakes, pellets, powders, and solutions etc., and is made through sodium chloride solution’s electrolysis. It’s a type of base which neutralizes acids, easily absorbs water, forms aqueous solutions, and is soluble in water. It feels bitter and soapy and, due to its corrosive nature, vigorously reacts with a few metals such as aluminium, zinc, magnesium, and tin, causing explosions.
Market Drivers:
Caustic Soda is primarily used to make candles, frosting glass, soaps, homemade biodiesel, and other food products. As it works like a great cleaning agent, it finds use in the production of soaps and washing soda, among others, which is boosting its market demand. It also has application as a laboratory reagent to make soda lime in aluminium extraction as well as a corrosive base for end-user industries like paper and textiles which in turn lead to market growth.
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