Procurement Resource Assesses The Production Cost Of Kerosene In Its New Report

The new report by Procurement Resource, a global procurement research and consulting firm, looks in-depth into the costs involved in the production of kerosene. The comprehensive report analyses the production cost of the material, covering the raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and the depreciation costs. The extensive study describes the step wise consumption of material and utilities along with a detailed process flow diagram. The report also assesses the latest developments within the kerosene industry that might influence the costs of production, looking into the capacity expansions, plant turnarounds, and mergers, acquisitions, and investments.

Download a free sample of the production cost of kerosene from fractional-distillation and many more@

https://www.procurementresource.com/cost-analysis/kerosene-production-from-fractional-distillation

Kerosene, variously known as paraffin or lamp oil, is a low viscosity, combustible, clear liquid that is extracted from petroleum. It is an odourless liquid at room temperature with a clear to pale yellow color. However, when kerosene burns, it gives a strong smoke odour. It is most commonly used as fuel in aviation and for household uses. In parts of Asia, it is used as fuel for small outboard motors or even motorcycles.

Some of the major producers of kerosene are the United States, Canada, and Russia, among others. In the United States, the refinery output of kerosene has increased at a healthy rate. The growth of kerosene is high, owing to the increase in the consumption of kerosene for cooking and lighting fuel. The Canadian kerosene market saw a dramatic fluctuation in the consumption of kerosene, and this resulted in a very low consumption in May 2020. The market was seen to revive in June 2020. Due to the ban of international flights in the initial part of 2020 because of the COVID-19 pandemic, the demand for aviation fuel plummeted. This hindered the growth of the kerosene industry. In India, there was a decline in kerosene demand in the second quarter of 2020 by almost 40%. Thus, kerosene, which is used in jet fuel, will temporarily be impacted by airline restrictions. These factors are expected to influence the production costs of kerosene.

Read the full production cost analysis report of kerosene@
https://www.procurementresource.com/production-cost-report-store/kerosene

The production cost report by Procurement Resource assesses the production of kerosene via the fractional distillation method. This process first involves the extraction of crude oil from the earth. Its components are then separated through heating. Kerosene is evaporated between 150°C and 250°C temperature. It is condensed and collected in a separate chamber. In the last stage, it is purified through catalytic reforming, alkylation, catalytic cracking, and hydro-processing.

Also, Read Price Trends of Kerosene@

https://www.procurementresource.com/resource-center/kerosene-price-trends

About Us:

Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.

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