The latest report titled “Syngas Production Cost” by Procurement Resource a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of the Syngas.
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 Syngas production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Syngas Production Process:
1. Syngas Production From Wood: This study presents the costs associated with Syngas production from wood chips via a typical gasification process. In a gasifier, gasification takes place in a high temperature/pressure vessel, where steam and oxygen are in direct contact with the wood leading to a series of chemical reactions that convert the feed to Syngas.
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2. Syngas Production From Vacuum Residue: This report presents the economics of Syngas production via a typical non-catalytic partial oxidation process. In this method, the vacuum distillation unit’s bottom product, known as vacuum residue, is used as feedstock. This is partly combusted in a non-catalytic partial oxidation reactor with oxygen to produce Syngas.
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3. Syngas Production From Natural Gas: This report gives an economic analysis of syngas production through the steam reforming process. The formation of Syngas is strongly endothermic, because of which it requires elevated temperatures. Natural gas steam reforming takes place using externally heated tabular reactors. This method uses nickel as a catalyst acting as a resistor against harsh process conditions. The process leads to the production of Syngas paired with the proportions of H2/CO.
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4. Syngas Production From Methane: This report presents the economics of Syngas production from methane using a typical auto-thermal reforming process. ATR is a hybrid that mixes methane steam reforming and oxidation in the same process. The heat required for reforming gets generated by the oxidation of the feed gas in a reactor. It is the ideal choice for large-scale production of Syngas for gas-to-liquids.
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5. Syngas Production From Fuel Oil: This report presents a cost analysis of syngas production from heavy fuel using a partial oxidation process. The process is a large-scale one which takes place without using any catalysts for producing Syngas with the H2/CO ratio of around two heavy oil feedstock that varies from residual oil to asphalt along with coal are partly burned in a non-catalytic partial oxidation reactor with oxygen. The process produces raw gas, which is further refined in order to be used.
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6. Syngas Production From Coal: This study shows the cost structure of syngas production through a coal gasification process. High temperature/pressure vessels called Gasifiers are used to contact oxygen and steam directly with coal or other feed material, resulting in a series of chemical reactions that turns the feed into syngas mineral residues.
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Product Definition:
Syngas or synthesis gas is a vital gas comprising methane (40%–75%), Carbon dioxide (15%–60%), Nitrogen (0%–5%), Moisture (1%–5%), Hydrogen sulphide (0–5000 ppm), Ammonia (0–500 ppm), with traces of hydrogen. The flammable gas is produced using feedstocks via gasification processes.
Market Drivers:
The Syngas market is being driven by the use of gas as a domestic and industrial fuel. It offers many benefits, such as generating renewable power, more economical onsite power generation, reduced carbon emissions, converting waste material into useful fuels, and lesser transmission losses, which are furthering the market growth. Furthermore, it finds use as a chemical feedstock to produce many chemicals that have an H: C ratio, which is greater than syngas which boosts the market growth. Also, it has been employed in other industries as its steam is used for generating electricity in turbine drivers, as pressurizing and fertilizer agents, in nylon & polyurethane, as well as to manufacture products like paints, adhesives, resins, and pharmaceuticals that drive the market demand further.
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