The latest report titled “Strontium Carbonate Production” by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Strontium Carbonate.
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 Strontium Carbonate production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Strontium Carbonate Production Process:
- From Black Ash Method: This report presents the detailed production methodology and cost analysis of Strontium Carbonate industrial production across Strontium Carbonate manufacturing plants. The procedure commences by subjecting Strontium Sulfate to reduction with coke at temperatures exceeding 950 °C, resulting in the formation of strontium sulfide. Subsequently, the product is subjected to a hot water leaching process, followed by precipitation of strontium using sodium carbonate in the presence of carbon dioxide. This series of reactions ultimately yields strontium carbonate as the end product, recovered from the solution.
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Product Definition:
Strontium carbonate is a chemical compound with the formula SrCO3. It is a white, odorless powder that is insoluble in water and soluble in acids. Strontium carbonate is primarily used in the production of fireworks and flares, where it serves as a key ingredient to create vibrant red colors due to its ability to emit red light when heated. Additionally, it finds applications in the glass industry for the production of special glasses, such as cathode ray tube glass and optical glass, as it can enhance certain optical properties. Strontium carbonate’s unique properties make it valuable in various industrial and pyrotechnic applications.
Market Drivers:
The market drivers for strontium carbonate are influenced by its wide-ranging applications in various industries. It is primarily used in the production of fireworks and flares, where it imparts brilliant red color to pyrotechnic displays. Additionally, it serves as a key ingredient in the manufacturing of ferrite magnets, which are vital components in the electronics and automotive sectors. Strontium carbonate’s role as a radioactive absorber in nuclear power plants further contributes to its demand. Moreover, its use in the production of glass for color television cathode ray tubes (CRTs) and optical lenses adds to its significance in the glass industry. These applications drive the market for strontium carbonate.
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