Potassium Iodate - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Layout
|PRODUCT PROFILE Potassium iodate is the major chemical used for Iodization of edible common salt. It is also used as feed additives and as maturing agents. Besides this it is used as dough conditioner in bread industries for bread manufacturing. Now the Govt. of India has passed an act to iodize the common edible salt at any cost considering the health factors of Indian people. Besides this the export of common salt without Iodization is not possible in the overseas countries. The export of salt is opened in international market only when the salt is iodized as per BIS or ISO 9000 specification. Product characteristics Chemical Formula - KIO3 Appearance - White crystalline powder Description - Chemical Solubility - Soluble in water and dilute Sulphuric Acid, insoluble in Alcohol Melting Point – 560°C Toxicity - Low Applications • It is used for Iodization of edible Salt. • It is used in analysis or testing of Zinc and arsenic. • It is used in Eudiometry in medicine manufacturing. • It is used as a reagent. • It is used as feed additives • It is used in foods as maturing agent and dough Conditioner. Global demand Potassium Iodate is one of the important chemical having various industrial and commercial uses. The major application of Potassium Iodate is for iodized salt manufacturing and others as feed additive. Now a day the Govt. of India has an act to iodize all the salt which directly used for human consumption. Thats why its demand has been increased to multi fold in India and even other countries of the world. The export of the Potassium Iodate is very negligible. Besides the above uses it is also used as maturing agent in bread manufacturing. So its demand is also high due to around 1500 numbers bread manufacturing unit located all over India both in organized and unorganized sector. There are about 26 manufacturing units producing Potassium Iodate to cater the need of skyrocketing demand, which is likely to be multifold in the Coming future. Potassium Iodide finds its uses in Iodized salt sector to such a large extent that its demand is too high in manufacturing units located all over India both in organized and unorganized sector. The global crude iodine market is about 31,000MT and about 70% of crude iodine is traded internationally. The four largest direct export flows are from Chile to the USA, Europe (through Belgium), China and India. China and India are the main destination markets for iodine exported from Turkmenistan, Azerbaijan, Indonesia, Iran, China, and Russia. The demand of the product in the market is immense and therefore its market position is splendid. Hence it is an excellent field to venture.|
|Plant capacity: 150MT/Annum, Potassium Iodate, 576MT/Annum, Potassium Iodate (byproduct)||Plant & machinery: 117 Lakhs|
|Working capital: -||T.C.I: Cost of project: 544 Lakhs|
|Return: 44.00%||Break even: 57.00%|
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