The latest report titled “Ferrous Chloride Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Ferrous Chloride.
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 production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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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 Ferrous Chloride production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Ferrous Chloride Production Process:
- From chemical Reaction of Hydrochloric Acid with Iron: This report presents the detailed production methodology and cost analysis of Ferrous Chloride industrial production across Ferrous Chloride manufacturing plants. Ferrous chloride is synthesized through the chemical reaction between iron metal and hydrochloric acid. This process involves using a methanol solution of concentrated hydrochloric acid, leading to the formation of methanol solvate [Fe(MeOH)6]Cl2 when reacted with iron. Subsequently, the intermediate is subjected to heating in a vacuum at approximately 160 °C, resulting in the production of pure ferrous chloride as the final product.
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Product Definition:
Ferrous chloride, also known as iron(II) chloride or FeCl2, is a chemical compound composed of iron and chlorine. It is a greenish to bluish crystalline solid with a characteristic salty taste. Ferrous chloride is a transition metal halide and is soluble in water. It can be prepared through the reaction of iron with hydrochloric acid. Industrially, it is used in water treatment processes, as a reducing agent in chemical reactions, and in the synthesis of various iron compounds. In aqueous solutions, ferrous chloride can undergo oxidation to form ferric chloride (iron(III) chloride). Additionally, it has applications in the production of pigments, dyes, and as a catalyst in certain chemical reactions. Ferrous chloride plays a significant role in both industrial processes and laboratory applications.
Market Drivers:
Market drivers for ferrous chloride are influenced by its diverse applications. The water treatment industry propels demand as ferrous chloride serves as a coagulant for wastewater treatment, aiding in the removal of impurities. Its use as a reducing agent in chemical processes, particularly in the production of metals, contributes to its market growth. Additionally, ferrous chloride finds application in the synthesis of various iron compounds, supporting growth in the chemical industry. The pigment and dye sectors also contribute to demand, as ferrous chloride is involved in their production. Furthermore, its role as a catalyst in specific reactions enhances its market significance. Overall, the expanding industrial and chemical sectors, coupled with the increasing focus on environmental regulations and water treatment, drive the market for ferrous chloride.
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