The latest report titled “Succinic acid Production Cost” by Procurement Resource a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Succinic 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 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 that might influence Succinic acid production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Succinic acid Production Process:
1. Succinic Acid Production From Raw Sugar: This report presents a detailed cost analysis of bio-based Succinic Acid production across Succinic Acid manufacturing plants from raw sugar using a fermentation process. In this method, raw sugar (sucrose) gets diluted, and sucrose is hydrolyzed into fructose and glucose (inverted sugars). These sugars are later fermented to result in Succinic Acid. In the Succinic Acid recovery process from the fermentation broth Electrodialysis is employed, generating ammonium sulphate as a by-product.
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2. Succinic Acid Production From Maleic Anhydride: This report provides a descriptive cost analysis of Succinic Acid production across Succinic Acid manufacturing plants from maleic anhydride via a typical hydrogenation process. During this method, maleic anhydride is first hydrogenated to succinic anhydride, which later gets transformed into Succinic Acid.
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3. Succinic Acid Production From Glycerol: This report presents an exhaustive cost evaluation of bio-based Succinic Acid production across Succinic Acid manufacturing plants from crude glycerol using a fermentation process. In this method, the key raw material used is crude glycerol (at 85 wt% purity), which is obtained as a by-product of biodiesel plants. Following purification, glycerol is fermented to yield Succinic Acid.
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4. Succinic Acid Production From Glucose: This report presents a thorough economics of bio-based Succinic Acid production across Succinic Acid manufacturing plants from glucose syrup using a fermentation process. During this process, Succinic Acid is recovered from the fermentation broth using electrodialysis. This method employed a 70 wt% glucose-water syrup as raw material, and the by-product formed is ammonium sulphate.
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Product Definition:
Succinic acid (butanedioic acid), also called Spirit of Amber, with the molecular formula C44H66O44, is a naturally occurring four-carbon dicarboxylic acid produced using liquefied petroleum gas. It looks like white crystals or shiny white crystalline powder with no odour and an extremely acidic taste. It is a common organic acid formed due to anaerobic digestion by most living cells and also appears naturally in lichens and fungi, as well as being a citric acid cycle element.
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Market Drivers:
The Succinic acid industry is being driven by the use of the product as a precursor in many food, chemical, and pharmaceutical industries. It also finds application in producing several chemicals, like dyes, perfumes, plasticisers, solvents, lacquers, and photographic chemicals, that further the market growth. In the food industry, it finds use as a sequestrant, buffer, and neutralising agent. Other several end-uses of the acid include as an antibiotic and curative agent, nutraceutical, an anti-ulcer drug, an additive, a micronutrient, a surfactant, an ion chelator, a radiation protective agent, and a fundamental metabolite.
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