Production
In 2009, the worldwide capacity for producing this compound was 720,000 tonnes/annum, with production capacity roughly equally divided between Europe (350,000, mainly in Germany) and Asia (370,000, mainly in China), while production was below 1000 tonnes/annum in all other continents. It is commercially available in solutions of various concentrations between 85 and 99 w/w %. As of 2009, the largest producers are BASF, Kemira and Feicheng Acid Chemicals, with the largest production facilities in Ludwigshafen (200,000 tonnes/annum, BASF, Germany), Oulu (105,000, Kemira, Finland) and Feicheng (100,000, Feicheng, China). 2010 Prices ranged from circa € 650/tonne in Western Europe and $ 1250/tonne in the United States.
Read more about this topic: Formic Acid
Famous quotes containing the word production:
“To expect to increase prices and then to maintain them at a higher level by means of a plan which must of necessity increase production while decreasing consumption is to fly in the face of an economic law as well established as any law of nature.”
—Calvin Coolidge (18721933)
“By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.”
—Friedrich Engels (18201895)
“An art whose limits depend on a moving image, mass audience, and industrial production is bound to differ from an art whose limits depend on language, a limited audience, and individual creation. In short, the filmed novel, in spite of certain resemblances, will inevitably become a different artistic entity from the novel on which it is based.”
—George Bluestone, U.S. educator, critic. The Limits of the Novel and the Limits of the Film, Novels Into Film, Johns Hopkins Press (1957)