Ferric Oxalate Production By Chemical Reaction Between Iron and Oxalic Acid
Production Cost Report | Chemicals
Details: Germany - based plant Q1 2024 | From $ USD
This report provides an extensive cost evaluation of ferric oxalate production by the chemical reaction between iron and oxalic acid. The process is initiated by the extraction of iron from the iron ore by crushing, roasting, and sintering, where the ore content is mixed with limestone and coke in a blast furnace, resulting in the production of iron. The iron obtained is then dissolved in oxalic acid, undergoes esterification, and leads to the formation of iron oxalate or ferric oxalate as the end product.
Top Producer of Ferric Oxalate
- Luotian Yongfei Chemical
- Hefei Asialon Chemicals
- ShanXi Yuanping Chemical Industries Corp
- Celtic Chemicals
- Hunan Joyfly New Material
Feedstocks for Ferric Oxalate
Ferric oxalate is prepared using iron (III) metal and oxalic acid as its primary feedstocks. The procurement of feedstocks of ferric oxalate is dependent upon different aspects that are associated with its market dynamics.
Factors including metal extraction rate (for iron metal), extraction cost, availability of other raw materials from the upstream market, stability in the supply chain, demand observed in the downstream industries, labor cost, transportation, trade policies, and logistics altogether play a vital role in influencing the overall procurement of iron and oxalic acid, as well as ferric oxalate on a large scale.
The project economic analysis provided in the report discusses a Germany-based plant:
- Manufacturing Process
- Process Flow
- Material Flow
- Material Balance
- Raw Material and Product's Specifications
- Raw Material Consumption
- Product and Co-Product Generation
- Capital Investment
- Land and Site Cost
- Offsites/Civil Works
- Equipment Cost
- Auxiliary Equipment Cost
- Contingency
- Engineering and Consulting Charges
- Working Capital
- Variable Cost
- Raw Material
- Utilities
- Fixed Cost
- Labor Requirement & Wages
- Overhead Expenses
- Maintenance Charges
- Financing Costs
- Interest on Working Capital
- Interest on Loans
- Depreciation Charges
- General Sales and Admin Costs
- Production Cost Summary
Report Content
Key Process Information
Evaluation of significant technical parameters along with process descriptions such as:
- Consumption of Raw Material
- Product Creation
- Block Flow Diagram
- Description of the Manufacturing Facility
Utilities Consumption
Evaluation of utilities consumed during the entire process based on:
- Consumption per unit of product generated
- Utility cost split and share of each utility in the total cost
Process Flow Diagram
Representation of various operations involved including:
- Step-wise process
- Utility consumption in each operation
Capital Cost Analysis
In-depth analysis of costs involved in setting up a new manufacturing unit, including:
- Cost of Building a Process Unit
- Cost of Setting Up the Infrastructure
- Working Capital
- Commissioning & Start-Up of the Plant
Implementation Schedule
Time frame of the project design, which includes:
- Plant Start-Up
- Plant Construction
- Engineering Fundamentals
- Raw Material Procurement
Construction Cost Details
Detailed analysis of costs involved in the operation of various functional units in the process unit and infrastructure.
Operating Cost Analysis
Evaluation of costs associated with the production of the final product, namely:
- Procurement of Raw Materials
- Consumption of Utilities
- Fixed Costs
- Depreciation
Economic Analysis
Analysis of the way in which process economics are impacted by plant capacity.
- Construction Cost
- Working Capital
- Fixed and Variable Operating Costs
- Corporate Overhead
- Depreciation
Customized Analyses
Detailed cost estimates of any industrial plant depending on your requirements, including plant capacity and location as per the need.
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