Magnesium Sulphate (Fertiliser Grade)
Capacity
|
20 MT / day
|
Plant and Machinery cost
|
0.00
Lakhs
|
Working Capital
|
26.00
|
Rate of Return (ROR)
|
42.00
%
|
Break Even Point (BEP)
|
43.00
%
|
TCI
|
97.00
Lakhs
|
Cost of Project
|
97.00Lakhs
|
Description:
The name earth was given by the older chemist to all substances that remained unchanged by fire lime, magnesia, strontium, and baryte were found to have alkaline reactions and were called alkaline earths. The alkaline earth metal include magnesium, calcium, strontium and barium. Magnesium sulphate is used as a purgative in medicine, in sizing and loading paper, silk and cotton. It is also used in dyeing and fire proofing chemicals, tanning and weighting leather. It may be used in the manufacture of paints and soaps. There are few organised and unorganised sectors manufacturer of magnesium sulphate. There is a less demand of magnesium sulphate as fertiliser. Most of the demand is fulfilled by our own manufacturers. Any new entrepreneur can well venture into this field.
|
MAGNESIUM SULPHATE (FERTILISER GRADE)
Capacity
|
20 MT/day
|
Plant and Machinery cost
|
36.00
Lakhs
|
Working Capital
|
0.00
|
Rate of Return (ROR)
|
43.00
%
|
Break Even Point (BEP)
|
41.00
%
|
TCI
|
210.00
Lakhs
|
Cost of Project
|
210.00Lakhs
|
Description:
The name earth was given by the older chemist to all substances that remained unchanged by fire. Lime, magnesia, strontium, and baryta were found to have alkaline reactions and were called alkaline earths. The alkaline earth metal includes magnesium, calcium, strontium, and barium. Magnesium Sulfate is used as fertilizer for supplying trace amounts of magnesium and sulfate to the plant. Magnesium sulfate of fertilizer grade is manufactured by using magnesium ore. It can be packed in gunny bag and store in the room of normal temperature. It can be store for long time without decay. Magnesium (Mg) is one of seventeen nutrient elements, which are essential for growth and development of all plants. It is used as a purgative in medicine. It is used in sizing and loading paper, silk and cotton. It is used in dyeing and fire proofing chemicals. It is used in tanning and weighting leather. It may be used as platinised magnesium sulfate in the manufacture of sulfuric Acid. It may be used in the manufacture of paints and soaps. It may be used as micronutrient fertilizer. There are few in organized and unorganized sectors manufacturer of magnesium sulfate. The new entrepreneurs venture into this industry will be successful due to huge demand of the product.
|
Magnesium Sulphate (Fertiliser Grade)
Capacity
|
Magnesium Sulphate (Fertiliser Grade): 60 MT/Day
|
Plant and Machinery cost
|
195.00
Lakhs
|
Working Capital
|
0.00
|
Rate of Return (ROR)
|
62.00
%
|
Break Even Point (BEP)
|
48.00
%
|
TCI
|
861.00
Lakhs
|
Cost of Project
|
861.00Lakhs
|
Description:
Lime, magnesia, strontium, and baryts were found to have alkaline reactions and were called alkaline earths. The alkaline earth metal includes magnesium, calcium, strontium, and barium. All the alkali metals react with dilute acids like Sulfuric acid, Hydrochloric acid etc. to form their salts. Magnesium reacts with Sulfuric acid to form magnesium Sulphate. Magnesium Sulphate is commercially available as heptahydrate, monohydrate, anhydrous or dried form containing the equivalent of 2-3 waters of hydration. Magnesium Sulphate occurs naturally in seawater, mineral springs and in minerals such as kieserite and epsomite. Magnesium Sulphate heptahydrate is manufactured by dissolution of kieserite in water and subsequent crystallization of the heptahydrate. Magnesium Sulphate is available as brilliant colourless crystals, granular crystalline powder or white powder with a bitter salty cooling taste. Crystals effloresce in warm, dry air. It is freely soluble in water, very soluble in boiling water, and sparingly soluble in alcohol. Magnesite (40% MgO) is the raw material used for manufacturing magnesium sulphate. It can be used directly as a Mg fertiliser only in very acid soils for long-duration crops.
|
Magnesium Sulphate (Fertiliser Grade)
Capacity
|
24 MT/day
|
Plant and Machinery cost
|
147.00
Lakhs
|
Working Capital
|
0.00
|
Rate of Return (ROR)
|
28.00
%
|
Break Even Point (BEP)
|
56.00
%
|
TCI
|
0.00
Lakhs
|
Cost of Project
|
434.00Lakhs
|
Description:
Magnesium Sulphate is commercially available as heptahydrate, monohydrate, anhydrous or dried form containing the equivalent of 2-3 waters of hydration. Magnesium Sulphate occurs naturally in seawater, mineral springs and in minerals such as kieserite and epsomite. Magnesium Sulphate is used as fertiliser for supplying trace amounts of magnesium and Sulphate to the plant. Magnesium Sulphate of fertiliser grade manufactured by using magnesium ores.
The fertilizers market in India is expected to reach a market value of USD XX in 2022 from USD 27.1 billion in 2016, growing at a CAGR of XX%. Global Magnesium Sulphate Market has very wide market in 21st century and it has been valued as $ 10,731.05 million by 2027 with a CAGR of 4.28%.This facilitates the development of new technologies and ensures a high quality product.
Few Indian major players are as under
· Liberty Phosphate Ltd.
· Mahavir Green Crop Ltd.
· Narmada Bio-Chem Ltd.
· Pioneer Magnesia Works Pvt. Ltd.
· Samruddhi Nutrients India Pvt. Ltd.
· Sikko Industries Ltd.
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