Available in red crystalline powder form, Cobalt Acetate is used as additive in ceramic industry, as drying factor for paint, as catalyst and also as analytical reagent. It has 99% purity and this chemical is soluble in water. It also dissolves in pentyl acetate, liquor and diluted acids. Cobalt Acetate has 298 degree C melting point and its density is 1.7043g/cm3. Provided chemical is composed of elements like sulphate, chloride, iron, nickel, copper and water soluble matter in precise amount. This substance becomes anhydrous when heated under 140 degree C. As suitable catalyst, it is required during esterification and oxidation procedures. It needs to be stored under cool and well ventilated area. Standard of this chemical has been verified on the basis of its storage life.