The latest report titled “Chromium Oxide Production Cost Report” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Chromium Oxide.
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.
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 Chromium Oxide production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Chromium Oxide Production Process:
- Chromium Oxide Production From Reduction Process: This study presents a detailed cost analysis of Chromium Oxide production from reduction. In this process, a reaction between sodium dichromate and sulphur takes place, thereby reducing chromium dioxide to chromium releasing sodium sulphate as a by-product.
Chromium Oxide is an inorganic compound produced upon the burning of Chromium (Cr) metal in oxygen. It is a solid compound and is green in color with a molecular formula of Cr2O3. It is a hard and brittle element. The oxidation state of Chromium in Chromium (III) Oxide is +3, and it could be formed from various ways. One of the ways is through the Chromium (VI) Oxide’s Calcination.
It has a molecular weight of 151.990 u and has a melting point of 2435 °C and a boiling point of 4000 °C. It basically exists either as a powdery or crystalline substance.
Chromium Oxide has a vast market chalked to its usage. It is an acclaimed compound known for its range of applications, especially, for making glasses. The green color on the edges of glasses is due to chromium oxide. Moreover, it has a firm clutch in the market as it is also used in the manufacturing of various paints and also used as a colorant for inks. Hence, as the market of print media soars, so would the demand of inks and thus, of chromium oxide.
It is significantly used for construction purposes finding its application in the production of various items. It also sees a demand from makeup industry in the production of eye lid color pellets and foundations as an additive.
Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertakes extensive research to provide our customers with the latest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele.
Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.
We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate so that they can form strategies that ensure their optimum growth.
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