Magnesium Acetate Production Cost Reports

Chemicals

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

Magnesium Acetate is an organic compound and a magnesium salt of acetic acid with multiple industrial applications. It is widely used as a catalyst in a wide range of chemical reactions for manufacturing plastics and textiles. It is also used in the process of dyeing textiles and ceramic tiles. It is commonly used as a de-icing agent for the removal of ice on sidewalks, roads, and highways. It also finds its application as a source of magnesium in the production of various dietary supplements to support nerve function, bone health, and other bodily functions. It is often used as a buffering agent in the preparation of various types of solutions with a stable pH. It is also used as a flocculant in the process of water treatment to facilitate the removal of impurities and contaminants.

The demand for Magnesium Acetate is majorly led by its application as an alternative de-icing agent for roads and highways to prevent the formation of ice. Its utilization as a catalyst in various chemical processes to manufacture textiles and plastic products further enhances its demand in the textiles and plastic industries. Its usage as an ingredient in the production of various magnesium supplements in the dietary supplements and health & nutrition industries also contributes to its market growth.  Its application as a flocculant in the process of purification of water also boosts its demand in the water treatment industry.

Its involvement as a stabilizing agent in the preparation of various solutions, including dialysis solutions, also fuels its demand in the chemical and pharmaceutical industries. Any fluctuations in the supply of raw materials, such as magnesium and acetic acid, due to economic, environmental, or geopolitical factors directly impact the production and pricing of Magnesium Acetate. Thus, the industrial Magnesium Acetate procurement is also greatly affected by the availability of its primary raw materials, magnesium, and acetic acid. Political stability in the regions where raw materials are sourced or where magnesium acetate is produced can affect supply chains, which further influence its procurement strategies. Fluctuations in demand for magnesium acetate from downstream industries like textiles and chemicals also impact its pricing and procurement decisions.

Raw Material for Magnesium Acetate Production

According to the Magnesium Acetate manufacturing plant project report, the major raw materials for Magnesium Acetate production include Magnesium Carbonate-Acetic Acid.

Manufacturing Process of Magnesium Acetate

The extensive Magnesium Acetate production cost report consists of the following industrial manufacturing process:

  • Production from Magnesium Carbonate: This method of production involves the synthesis of Magnesium acetate by using magnesium carbonate and acetic acid as the raw materials. The process is initiated by the slow addition of magnesium carbonate to a vessel containing acetic acid and process water. Further, the mixture is continuously stirred for 2 hours, followed by centrifugation, which leads to the formation of magnesium acetate as the final product.

Magnesium Acetate is a white, hygroscopic crystalline solid with a distinct odor, which is similar to acetic acid. It exists in two forms that are anhydrous (Mg(C2H3O2)2) and tetrahydrate (Mg(CH3COO)2·4H2O). The molecular formula of the compound is C4H6MgO4, and its molecular weight is 142.394 g/mol. The melting point of the compound is 80°C, and it has a density of around 1.45 g/cm3. Magnesium acetate is soluble in water, and it dissolves in water to form an alkaline solution.

The compound is highly hygroscopic, and it readily absorbs moisture from the air. It also reacts with hydrochloric acid to form magnesium chloride and acetic acid. The compound decomposes upon heating to produce magnesium oxide. Magnesium in this compound has an oxidation state of 2+. Additionally, the compound is incompatible with strong oxidizers and should be stored away from water due to its hygroscopic nature. It is generally considered safe, but it may cause mild irritation upon contact.

Product Details

Particulars Details
Product Name Magnesium Acetate
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 Magnesium Acetate Production Cost Report Provide Exhaustive Data and Extensive Insights?

At Procurement Resource, we not only focus on optimizing the should cost of production for Magnesium Acetate 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 Magnesium Acetate 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 Magnesium Acetate manufacturing plant?
  • How is Magnesium Acetate manufactured?
  • What is the process flow involved in producing Magnesium Acetate?
  • What are the raw material requirements and costs for producing Magnesium Acetate?
  • What is the total size of land required for setting up a Magnesium Acetate manufacturing plant?
  • What are the construction requirements for setting up a Magnesium Acetate manufacturing plant?
  • What are the machinery requirements for producing Magnesium Acetate?
  • What are the utility requirements and costs for producing Magnesium Acetate?
  • What are the manpower requirements for producing Magnesium Acetate?
  • What are the average salaries/wages of manpower working in a Magnesium Acetate manufacturing plant?
  • What are the packaging requirements and associated costs for Magnesium Acetate?
  • What are the transportation requirements and associated costs for Magnesium Acetate?
  • What are the capital costs for setting up a Magnesium Acetate manufacturing plant?
  • What are the operating costs for setting up a Magnesium Acetate manufacturing plant?
  • What should be the price of Magnesium Acetate?
  • What will be the income and expenditures for a Magnesium Acetate manufacturing plant?

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