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Chromium Picolinate Production Cost Breakup by the Chemical Reaction of Chromium and Picolinic Acid

Details: Germany - based plant Q1 2024  | From $ USD

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
    • Raw Material
    • Utilities
  • 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
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Report Content

Key Process Information

Evaluation of significant technical parameters along with process descriptions such as:

  • Consumption of Raw Material
  • Product Creation
  • Block Flow Diagram
  • Description of the Manufacturing Facility

Utilities Consumption

Evaluation of utilities consumed during the entire process based on:

  • Consumption per unit of product generated
  • Utility cost split and share of each utility in the total cost

Process Flow Diagram

Representation of various operations involved including:

  • Step-wise process
  • Utility consumption in each operation

Capital Cost Analysis

In-depth analysis of costs involved in setting up a new manufacturing unit, including:

  • Cost of Building a Process Unit
  • Cost of Setting Up the Infrastructure
  • Working Capital
  • Commissioning & Start-Up of the Plant

Implementation Schedule

Time frame of the project design, which includes:

  • Plant Start-Up
  • Plant Construction
  • Engineering Fundamentals
  • Raw Material Procurement

Construction Cost Details

Detailed analysis of costs involved in the operation of various functional units in the process unit and infrastructure.

Operating Cost Analysis

Evaluation of costs associated with the production of the final product, namely:

  • Procurement of Raw Materials
  • Consumption of Utilities
  • Fixed Costs
  • Depreciation

Economic Analysis

Analysis of the way in which process economics are impacted by plant capacity.

  • Construction Cost
  • Working Capital
  • Fixed and Variable Operating Costs
  • Corporate Overhead
  • Depreciation

Customized Analyses

Detailed cost estimates of any industrial plant depending on your requirements, including plant capacity and location as per the need.

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