May 17, 2024
Potassium Schoenite Production Cost

The latest report titled “Potassium Schoenite Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Potassium Schoenite.

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 Potassium Schoenite production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.

Procurement Resource Assessment of Potassium Schoenite Production Process:

  1. From Magnesium Sulfate and Potassium Chloride: This report provides the thorough economics of Potassium Schoenite industrial production across Potassium Schoenite manufacturing plants. The synthesis begins with a chemical reaction involving potassium chloride, magnesium sulfate, and water. This reaction produces potassium magnesium sulfate as the final product, with water as a byproduct.

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Product Definition:

Potassium schoenite, also known as potassium magnesium sulfate, is a double salt containing two potassium atoms, one magnesium atom, eight oxygen atoms, and two sulfur atoms, with a chemical formula of K2MgO8S2 and a molecular weight of 294.6 g/mol. It is produced through a reaction involving magnesium sulfate, potassium chloride, and water, or extracted from mineral ores like langbeinite. This white, dense powdered compound has a density of approximately 0.9 g/cm3 and remains stable at 25 °C but decomposes when heated. It is soluble in water and some chemical solvents but highly insoluble in acetone and alcohol. Widely used in the agrochemical sector, potassium schoenite is valued for its potassium and magnesium content, essential for plant growth and soil enrichment. Its inclusion in fertilizers enhances water solubility and crop yields, particularly benefiting chlorine-sensitive crops like tobacco, sugarcane, and potatoes. It is commonly used in fertilizers for pomegranate, banana, cotton, tomato, onion, sugarcane, ginger, turmeric, grapes, and watermelon cultivations, supporting their growth and productivity.

Market Drivers:

The demand for potassium schoenite, also known as potassium magnesium sulfate, is primarily fueled by its widespread use in the agrochemical and chemical industries as a double-sulfate salt. This compound is a key component in various agrochemical products, particularly fertilizers used in agriculture to promote the growth of diverse crops such as bananas, watermelons, grapes, and more. Its popularity stems from its dual role as a double salt, rich in both potassium and magnesium, making it highly sought-after in the agrochemical and agricultural sectors. Fluctuations in demand directly impact its availability, with changes in the fertilizer market driving its procurement globally.

Looking for an exhaustive and personalised report that could significantly substantiate your business?

Although Procurement Resource leaves no page unfurled in terms of the rigorous research for the commodities that make the heftiest base of your business, we incline more towards tailoring the reports per your specificities. All you need is one-to-one consulting with our seasoned consultants to comprehend the prime parameters you are looking to pin your research on.

Some of the common requests we receive from our clients include:

  • Adapting the report to the country/region where you intend to establish your plant.
  • Adjusting the manufacturing capacity of the plant according to your needs.
  • Customizing machinery suppliers and costs to meet your requirements.
  • Providing additional information to the existing scope based on your needs.

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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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