This report proffers the thorough economics of chromium picolinate production by the chemical reaction of chromium and picolinic acid. Chromium picolinate is derived from chromium (III) and picolinic acid. The synthesis begins with the extraction of chromium (III) salts from chromite ore. It is a complex sequential method following mining, concentrating, smelting, refining, leaching, and finally, filtration. The reaction is then carried further with picolinic acid, where the acid reacts with the chromium(III) salt to give chromium picolinate as the end product.
Top Producers of Chromium Picolinate
- Merck KGaA
- Amsal Chem Private Limited
- Celtic Chemicals Ltd.
- Cambridge Commodities Limited
- Mubychem Group
Feedstocks for Chromium Picolinate
Chromium picolinate is a well-known chemical with excellent nutritional values and is prepared by using chromium and picolinic acid as its primary raw materials. The procurement of the feedstocks used is mainly determined by a sum of different factors. Some of the primary factors include the mining costs of chromite ore (for chromium), labor charges, production cost, production rate, and supply chain stability in the chemical market. Other factors, such as the availability of raw materials from the upstream industries, transportation charges, logistics, trade, and governmental policies altogether, can influence the overall prices and procurement of the feedstocks used, as well as chromium picolinate in the global market.
Our report consists of an extensive and comprehensive analysis of the chromium picolinate industry tailored as per your requirement.
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
- 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