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:
“The growing of food and the growing of children are both vital to the family’s survival.... Who would dare make the judgment that holding your youngest baby on your lap is less important than weeding a few more yards in the maize field? Yet this is the judgment our society makes constantly. Production of autos, canned soup, advertising copy is important. Housework—cleaning, feeding, and caring—is unimportant.”
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“Constant revolutionizing of production ... distinguish the bourgeois epoch from all earlier ones. All fixed, fast-frozen relations, with their train of ancient and venerable prejudices are swept away, all new-formed ones become antiquated before they can ossify. All that is solid melts into air, all that is holy is profaned, and man is at last compelled to face with sober senses, his real conditions of life, and his relations with his kind.”
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“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 (1820–1895)