The latest report titled “PTA (Purified Terephthalic Acid) Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of PTA (Purified Terephthalic Acid).
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, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production 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 that might influence PTA (Purified Terephthalic Acid) production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of PTA (Purified Terephthalic Acid) Production Process:
1. PTA (Purified Terephthalic Acid) Production Cost Via Hydrogenation of Crude Terephthalic Acid: This report presents the detailed production methodology and cost analysis of PTA (Purified Terephthalic Acid) industrial production across PTA (Purified Terephthalic Acid) manufacturing plants. To make PTA, crude terephthalic acid is obtained through the liquid phase air oxidation of p-xylene or the hydrolysis of polyethylene terephthalate. The crude terephthalic acid is added to an aqueous solution to create a slurry. This slurry is heated while hydrogen is introduced to reduce it in the presence of a catalyst. The hydrogenated PTA aqueous solution is then separated using a decanter centrifuge, and the resulting PTA cake is dried.
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Product Definition:
Purified Terephthalic Acid is also called Tephthol. It is a benzene dicarboxylic acid type with carboxy groups at positions 1 and 4. It is one of three isomers of benzene dicarboxylic acid, alongside phthalic and isophthalic acids. Its chemical formula is C8H6O4, and its molecular weight is 166.13 g/mol. It is a key ingredient in the production of various products such as polyesters, including yarns, fibers, polyethylene terephthalate, polybutylene terephthalate, and plasticizers. Synthetic fibers, which account for 70 to 80% of polyester goods, are made using purified terephthalic acid (PTA). PTA is a more economical option compared to dimethyl terephthalate (DMT) and is commonly used in the textile and packaging industries.
Market Drivers:
Purified Terephthalic Acid is a crucial ingredient in several products such as polyesters, including yarns, fibers, (poly)ethylene terephthalate, (poly)butylene terephthalate, plasticizers, etc. It has diverse applications across multiple sectors, especially in the packaging industries, including food and beverage packaging, pharmaceutical packaging, etc. Additionally, polyester fibers are affordable, flexible, and versatile, making them a preferred choice for the textile industry. The purified terephthalic acid market is also growing due to the bottle industries considering replacing glass alcohol bottles with polyethylene phthalate (PET) bottles. The large-scale crude oil refining worldwide with paraxylene as an end product is expected to be a significant growth driver of the purified terephthalic acid market in the forecast period.
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