The latest report titled “Sodium Thiosulphate Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Sodium Thiosulphate.
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 Sodium Thiosulphate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Sodium Thiosulphate Production Process:
- Sodium Thiosulphate Production From Sulphur and Sodium Hydroxide: This report presents the detailed production methodology and cost analysis of sodium thiosulphate industrial production across sodium thiosulphate manufacturing plants. This method entails the warming of sulfur, which is then introduced to a solution of sodium hydroxide or sodium sulfite. As a result, sodium thiosulfate is produced.
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Product Definition:
Sodium thiosulfate (NaSO) is a white crystalline compound that is water-soluble and decomposes in acids to release sulfur and sulfur dioxide. Traditionally, it has been used in photography for fixing agents to dissolve unreacted silver halides. Medically, sodium thiosulfate is employed as an antidote for cyanide poisoning, leveraging its capability to bind with poisonous cyanide to form thiocyanate, which is then excreted from the body. Additionally, it serves in the treatment of calcific uremic arteriolopathy in dialysis patients. The compound’s dechlorinating properties also make it useful in water treatment, where it neutralizes chlorine. Its chemical properties are harnessed in various reactions, including as a titrant in iodometry.
Market Drivers:
Market drivers are factors that stimulate demand for a particular product or service. For sodium thiosulfate, several drivers can be highlighted. The growing need for clean potable water has spurred its use in water treatment due to its dechlorinating properties. The increase in gold and silver mining activities has also heightened demand, as sodium thiosulfate serves as an alternative to cyanide for gold and silver leaching. Moreover, its medical applications, particularly as an antidote for cyanide poisoning and in the treatment of calcific uremic arteriolopathy, further fuel its demand. Additionally, evolving industrial processes that require its chemical properties contribute to its market growth.
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