The Chemours Company announced to sell its mining solution business to Draslovka Holding Company, the leading producer of cyanide, the transaction was made for the total cash of USD 250 million.
Draslovka Holding Company, a Czech-based producer of agriculture chemicals, and cyanide chemicals has announced to acquire the sodium cyanide business of Sasol South Africa Limited.
Author Credits: Smruti Ranjan, Rajrani Baghel
Report ID: 5174
Published Date: Aug 21, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing exploration of mining, and rising demand for electroplating of steel, gold, and silver products are the major factors driving the market growth.
The market size of sodium cyanide is anticipated to attain a CAGR of around 4% over the forecast period, i.e., 2023 â€“ 2035.
The major players in the market are The Chemours Company, Draslovka Holding Company, EPC Engineering and Technologies GmbH, Cynaco International, Sasol Limited, Changsha Hekang Chemical Co., Ltd., Orica Limited, Australian Gold Reagents Pty Ltd., Gujrat Alkalies and Chemicals Limited, and Evonik Industries AG.
The solid segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.