The latest report titled “Ammonium Nitrate Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Ammonium Nitrate.
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 Ammonium Nitrate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Ammonium Nitrate Production Process:
1.Ammonium Nitrate Production Cost From Metal Nitrates: This report presents the detailed production methodology and cost analysis of Ammonium Nitrate industrial production across Ammonium Nitrate manufacturing plants. In the first step, hydrogen is obtained from natural gas. The salts of ammonia react with nitrates of metals in a displacement reaction to give ammonium nitrate.
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2. Ammonium Nitrate Production Cost From Ammonia: This report presents the detailed production methodology and cost analysis of Ammonium Nitrate industrial production across Ammonium Nitrate manufacturing plants. The reaction of Ammonium Nitrate with nitric acid produces an aqueous solution of ammonium nitrate from which water is evaporated to produce ammonium nitrate salt in small beads.
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Product Definition:
Ammonium nitrate (NH4NO3) is made up of nitrate ions (NO3-) and ammonium ions (NH4+). It is a crystalline white substance that is very soluble in water. As a very efficient nitrogen-based fertilizer, it contributes heavily to the agricultural sector. It supplies vital nutrients for plant growth, fostering healthy foliage and increasing crop yields because of its high nitrogen concentration. It is also that hygroscopic, which means that it easily collects moisture from its surroundings. This salt’s potential for explosive reactions is another characteristic. It can break down quickly and release significant amounts of oxygen and nitrogen gases. Ammonium nitrate is frequently found in explosive mixes used in mining, building, and the manufacture of pyrotechnics as a result of this feature.
Market Drivers:
In agriculture, ammonium nitrate is frequently used as a nitrogen fertilizer. It offers a convenient source of nitrogen, which is necessary for crop development and plant growth. Fertilizer containing ammonium nitrate is frequently used in large-scale farming operations to increase crop yields and soil fertility. It is also an important component used in the manufacture of explosives and pyrotechnics. It creates an explosive mixture when mixed with fuel sources like diesel or other organic substances. As a result, thus salt becomes a crucial ingredient in the mining, building, and manufacturing of fireworks, blasting agents, and explosive materials.
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