Antimony Potassium Tartrate
PROJECT DESCRIPTION
Antimony potassium tartrate, also known as potassium antimonyl tartrate or emetic tartar is the double salt of potassium and antimony of tartaric acid. Antimony Potassium Tartrate has a huge demand in the field of electroplating, pharmaceutical, leather industry, textile industry, as insecticide, as a pesticide, as an analytical reagent in laboratories etc. Antimony is used as pesticide to control snails and as insecticide to protect gladiolus and citrus from thrips and from ant baits. The pesticides market is highly dynamic with a large number of pesticides products available for use in crop protection. India pesticides market is highly dynamic as price remains the foremost criterion for the adoption of pesticide. The Overall sales in the global agrochemicals market by product were nearly $105.6 billion in 2008 which increased further to $119.6 billion in 2009. By 2014, it is projected to increase to $196 billion, for a 5-year compound annual growth rate (CAGR) of 10.4%. Pesticide formulation industry has a bright future. As the competitive price of domestic products, and continuously improvement of the quality, pesticide formulations export is expected to grow at the rate of 5.2% per year, and net exports volume are expected to grow to 717,000 tons. The world clothing and textile industry - encompassing clothing, textiles, footwear and luxury goods - reached almost $2,560 trillion in 2010. Thus with the tremendous demand of pesticide, insecticides, textiles, leather and pharmaceutical industries, Antimony Potassium Tartrate being the major ingredient has a vast market and the researches indicate the demand will grow further in near future.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| 90,000 Kgs./Annum |
Rs. 21 Lakhs |
- |
9800000 |
Cost of Project: Rs 98 Lakhs |
27.00 |
57.00 |
