Lithium Bromide Production Cost Reports

Chemicals

The report provides a detailed analysis essential for establishing a Lithium Bromide manufacturing plant. It encompasses all critical aspects necessary for Lithium Bromide production, including the cost of Lithium Bromide production, Lithium Bromide plant cost, Lithium Bromide production costs, and the overall Lithium Bromide manufacturing plant cost. Additionally, the study covers specific expenditures associated with setting up and operating a Lithium Bromide 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.

Lithium Bromide is an inorganic compound with a broad range of applications in the chemical industry. It is widely used as a coolant in various cooling devices, including, air conditioners etc. It also serves as a drying agent in various commercial applications due to its hygroscopic nature. It also finds its huge application as a reagent in the synthesis of various organic and inorganic compounds. It is also used for the reconstitution of brines in industrial applications. It is also used as a catalyst in condensation of carbonyl compounds, which is conducted with active methylene compounds in the absence of any solvent. It is often used as a component in manufacturing certain pharmaceutical compounds. It also serves a major role in the alkylation process during chemical synthesis.

The demand for Lithium Bromide is primarily driven by its application in the HVAC (Heating, Ventilation, and Air Conditioning) industry, which largely promotes its market growth. Its application as a desiccant in air conditioning systems due to its extreme affinity for water further enhances its demand in the HVAC (Heating, Ventilation, and Air Conditioning) industry. Its involvement in certain medical applications also drives its demand in the pharmaceutical industry.

Its application in the production of various chemical compounds largely contributes to its demand in the chemical manufacturing industry. Additionally, its applications in lithium bromide absorption refrigeration systems significantly promote its market expansion. Overall, application in the HVAC industry, the cost and the availability of raw materials (lithium hydroxide, etc.), distribution, logistics, sustainability practices, and maintaining quality standards are some factors that influence industrial Lithium Bromide procurement globally.

Raw Material for Lithium Bromide Production

According to the Lithium Bromide manufacturing plant project report, the major raw materials for Lithium Bromide production include Lithium Hydroxide-Hydrobromic Acid.

Manufacturing Process of Lithium Bromide

The extensive Lithium Bromide production cost report consists of the following industrial manufacturing process:

  • Production from Lithium Hydroxide: This method of production involves the use of lithium hydroxide and aqueous hydrobromic acid as the starting materials for the synthesis of lithium bromide as the product. The process starts with the neutralization reaction between lithium hydroxide and hydrobromic acid, which is an exothermic reaction and leads to the formation of lithium bromide as the final product of the reaction. Further, the obtained aqueous solution undergoes crystallization to obtain the desired lithium bromide as a product.

Lithium Bromide is a deliquescent chemical that is mainly composed of one lithium and one bromine atom. The compound has a molecular weight of 86.9 g/mol. It is a lithium salt that is extremely hygroscopic. It is a powder with a density of 3.46 g/cm³ (anhydrous). The crystalline compound has no odor. It is a water-soluble chemical that can be dissolved in various other chemical solvents.

It is soluble in ether, methanol, ethanol, and acetone. It is slightly soluble in pyridine. Its aqueous solution has low water vapor pressures, and it can exist in different hydrated forms, including Lithium bromide–monohydrate, trihydrate, pentahydrate, etc. It is a non-flammable chemical that can react with chlorine to produce lithium chloride along with bromine as the byproduct. The chemical on reacting with silver nitrate gives lithium nitrate and silver bromide as the end product.

Lithium Bromide Production Cost Processes with Cost Analysis

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Lithium Bromide Production by Neutralization of Lithium Hydroxide with Aqueous Solution of Hydrobromic Acid

This study analyzes by Neutralization of Lithium Hydroxide with Aqueous Solution of Hydrobromic Acid, covering manufacturing, process flow, operating expenses, and financial considerations.

Details: Germany - based plant   Q1 2024 From $ 2249.00 USD

Product Details

Particulars Details
Product Name Lithium Bromide
Scope Manufacturing Process: Process Flow, Material Flow, Material Balance

Raw Material and Product Specifications: Raw Material Consumption, Product and Co-product Generation

Land and Site Cost: Offsites/Civil Works, Equipment Cost, Auxiliary Equipment Costs, Contingency, Engineering and Consulting Charges, Working Capital

Variable Cost: Raw Material, Utilities, Other Variable Costs

Fixed Cost: Labor Requirements and Wages, Overhead Expenses, Maintenance Charges, Other Fixed Costs

Financing Costs: Interest on Working Capital, Interest on Loans

Other Costs: Depreciation Charges, General Sales and Admin Cost
Currency US$ (Data can also be provided in the local currency)
Pricing and Purchase Options Basic: US$ 2499
Premium: US$ 3499
Enterprise: US$ 4799
Customization Scope The report can be customized as per the requirement of the customer
Post-Sale Analysts Report 10-12 weeks of post-purchase analyst support after report delivery for any queries from the deliverable
Delivery Format PDF and Excel format through email (editable version in PPT/Word format of the report can be also provided on special request)

How does our Lithium Bromide Production Cost Report Provide Exhaustive Data and Extensive Insights?

At Procurement Resource, we not only focus on optimizing the should cost of production for Lithium Bromide but also provide our clients with extensive intel and rigorous information on every aspect of the production process. By utilizing a comprehensive cost model, we help you break down expenses related to raw materials, labor, and technology, offering clear pathways to savings. We also assist in evaluating the capital expenditure (CAPEX) and operating expenses (OPEX), which are often measured as cost per unit of production, such as USD/MT, ensuring that your financial planning is aligned with industry benchmarks.

We offer valuable insights on the top technology providers, in-depth supplier database, and best manufacturers, helping you make informed decisions to improve efficiency. Additionally, we design the most feasible layout for your production needs, ensuring the entire process runs smoothly. By minimizing the cash cost of production, we ensure that you stay competitive while securing long-term profitability in the growing Lithium Bromide market. Partnering with Procurement Resource guarantees that every aspect of your production is cost-efficient, advanced, and tailored to your specific requirements.

Key Questions Answered in This Report

  • What are the key requirements for setting up a Lithium Bromide manufacturing plant?
  • How is Lithium Bromide manufactured?
  • What is the process flow involved in producing Lithium Bromide?
  • What are the raw material requirements and costs for producing Lithium Bromide?
  • What is the total size of land required for setting up a Lithium Bromide manufacturing plant?
  • What are the construction requirements for setting up a Lithium Bromide manufacturing plant?
  • What are the machinery requirements for producing Lithium Bromide?
  • What are the utility requirements and costs for producing Lithium Bromide?
  • What are the manpower requirements for producing Lithium Bromide?
  • What are the average salaries/wages of manpower working in a Lithium Bromide manufacturing plant?
  • What are the packaging requirements and associated costs for Lithium Bromide?
  • What are the transportation requirements and associated costs for Lithium Bromide?
  • What are the capital costs for setting up a Lithium Bromide manufacturing plant?
  • What are the operating costs for setting up a Lithium Bromide manufacturing plant?
  • What should be the price of Lithium Bromide?
  • What will be the income and expenditures for a Lithium Bromide manufacturing plant?

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