Cost of Project : Rs. 22.00 lac. Red iron oxide finds wide application in paints, plastics, rubber, ceramic and other industries, since huge quantities of spent pickle liquor from steel industries...

Cost of Project : Rs. 22.00 lac. Red iron oxide finds wide application in paints, plastics, rubber, ceramic and other industries, since huge quantities of spent pickle liquor from steel industries is obtained as a by product in our country and contains an average of 15-20 % of ferrous sulphate. According to the recent survey carried out on Red Iron Oxide the demand is more than the production. Therefore, it is suggested to establish few more new units to produce Iron Oxide so as to fill up the gap between the demand and production.Hence,it is a good business to start..