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The new report by Procurement Resource, a global procurement research and consulting firm, looks in-depth into the costs involved in the production of magnesium sulphate. The comprehensive report analyses the production cost of the material, covering raw material costs and co-product credit, equipment costs, land and site costs, labour wages, maintenance costs, financing charges, and the depreciation cost. The extensive study describes the step-wise consumption of material and utilities, along with a detailed process flow diagram. The report also assesses the latest developments within the magnesium sulphate industry that might influence the costs of production, looking into the capacity expansions, plant turnarounds, and mergers, acquisitions, and investments.
Download a free sample of the production cost of magnesium sulphate from magnesium carbonate and many more@
Magnesium sulphate is a white crystalline solid which is soluble in water. It is a type of ionic salt that is also known as Epsom salt, which is naturally found in seawater. Magnesium sulphate is extensively used in agriculture to maintain soils deficient in magnesium (an important plant nutrient). It is also used as a flavour enhancer for products like bottled water and more. Magnesium sulphate also acts as a relaxing agent for muscles, thus, is widely used during the pregnancy period.
A report released by the American Society of Anaesthesiologists in October 2019 revealed that magnesium sulphate can act as a recovering agent for neurological outcomes after a brain surgery. Magnesium sulphate serves the medical industry with its extensive applications. It has been used to treat magnesium deficiency and seizures in women with eclampsia. Magnesium sulphate is also actively being used for the treatment of asthma, constipation, barium poisoning, torsades de pointes, and others. Due to its extensive usage in the medical field and the current scenario of the world (pandemic caused by COVID-19), the production of magnesium sulphate has been increased with installments of new operations in countries like India, China, and Japan. These factors are expected to influence the production cost for magnesium sulphate.
The production cost report by Procurement Resource assesses the production of magnesium sulphate via magnesium carbonate. In one of the most common methods to obtain magnesium sulphate, magnesium carbonate reacts with sulphuric acid to produce magnesium sulphate.
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Procurement Resource ensures that our clients remain at the vanguard of their industries by providing actionable procurement intelligence with the help of our expert analysts, researchers, and domain experts. Our team of highly seasoned analysts undertake extensive research to provide our customers with the latest and up-to-date market reports, cost-models, price analysis, benchmarking, and category insights, which aid in simplifying the procurement process for our clientele. We work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. We also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with the updated and reliable data. We, at Procurement Resource, with the help of the latest and cutting-edge techniques in the industry, help our clients understand the supply chain, procurement, and industry climate, so that they can form strategies which ensure their optimum growth.
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