Press Release: April 01, 2020
Argon is a noble gas element with atomic number 18 belonging to group 18 of the periodic table. It is the third-most abundant gas in the Earth's atmosphere after Nitrogen and Oxygen, and is the most abundant noble gas in Earth's crust, comprising 0.00015% of the crust. Argon is used in industries to maintain required conditions for industrial reactions, also in the manufacture of various elements and growing crystals of various non metals. It is also used in research of dark matter. It is used by packaging industry to increase shelf life of product by keeping them in inert environments. It is also used in cryosurgery for cancer treatment. Procurement Resource provides an in-depth cost analysis of Argon production. The report incorporates the manufacturing process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges. The study is based on the latest prices and other economic data available. We also offer 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).
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