Gulf Resources: A Compelling Opportunity in the Bromine Market
Erik Wright submits:
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Bromine is a halogen chemical element that most have never heard of other than in the periodic table of elements. Although it is quite unfamiliar, it has quite a variety of recognizable uses. Bromine worldwide production has risen sixfold since the 1960s and its price has doubled from 2009 to 2011.
The following products all contain bromine:
- Flame retardants
- In the production of epoxy for circuit boards
- Gasoline additives
- Pesticides
- In the process of water purification
- In the drilling fluid and other chemicals used for oil and gas exploration
- Many pharmaceutical and medical purposes
The three major bromine producing areas are the United States, the Dead Sea and China, which account for roughly 96% of the worlds total bromine production.
Bromine production per area:
The largest publicly listed bromine
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