Cobalt Octoate Production Cost Reports

The report provides a detailed analysis essential for establishing a Cobalt Octoate manufacturing plant. It encompasses all critical aspects necessary for Cobalt Octoate production, including the cost of Cobalt Octoate production, Cobalt Octoate plant cost, Cobalt Octoate production costs, and the overall Cobalt Octoate manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating a Cobalt Octoate production plant. These encompass manufacturing processes, raw material requirements, utility requirements, infrastructure needs, machinery and technology requirements, manpower requirements, packaging requirements, transportation requirements, and more.

Cobalt Octoate is an inorganic compound with multiple commercial applications that are linked with different chemical operations. It mainly contributes as an excellent active surface drier that is largely used in manufacturing paints and coating chemicals. It also serves as a chemical catalyst that can be used in organic synthesis activities. It is commonly used in the oxidation or carbonylation of certain chemicals for producing a variety of industrial chemicals that are further used for commercial applications. The compound is also used as a rubber adhesion promoter and is included in rubber and plastic production to enhance the bonding ability. It also finds its application as a catalyst in the production of polyesters and polyurethanes, enhancing the rate of the polymerization processes.

The market for Cobalt Octoate is predominantly led by its association with the chemical, paints, coatings, and rubber industries, which notably drives its demand. Its application as a catalyst in organic synthesis and polyurethane production further enhances its demand in the chemical and polymer industries. Its usage as a drier in the preparation of paints and coatings to speed up their curing and drying process largely promotes its demand in the paints and coatings industry.

Its involvement as an adhesion promoter in the production of rubber and plastics also fuels its demand in the rubber and plastics industries. In general, industrial Cobalt Octoate procurement is majorly influenced by numerous factors, which include the availability of raw materials (copper sulfate, etc.), their cost, pricing, their applications in the rubber and plastics industries, supplier relationships, regulatory compliance, adherence to quality standards, etc.

Raw Material for Cobalt Octoate Production

According to the Cobalt Octoate manufacturing plant project report, the major raw materials for Cobalt Octoate production include Copper Sulfate-2-EHA (2-Ethylhexanoic Acid).

Manufacturing Process of Cobalt Octoate

The extensive Cobalt Octoate production cost report consists of the following industrial manufacturing process:

• Production via Metathesis Reaction: This method of production involves the formation of cobalt octoate by using the ligand exchange method or metathesis reaction. The process is initiated by the chemical reaction of a cobalt salt (copper sulfate) with an alkanoic acid (2-EHA) in the presence of NaOH solution, which leads to the formation of cobalt octoate as the final product.

Cobalt Octoate is a purple liquid chemical that is known to be one of the most active surface driers. The chemical formula of the compound is C16H30CoO4, and its molecular weight is 345.34 g/mol. It is a complex chemical compound comprising sixteen carbon, thirty hydrogen, one cobalt, and four oxygen atoms. Its density is measured around 1.002 g/mL at 25 °C. It is a chemical liquid with a flash point measured around 40 °C. Its relative density is 0.86g/cm3. The compound is a liquid irritant that can affect eyes and skin on direct exposure. Cobalt Octoate, also known as cobalt 2-ethylhexanoate, has a melting point that ranges between 139-142°C. It is insoluble in water. However, it can be dissolved in other chemical solvents, including ether, esters, and ethanol.